Hedge fund manager Dan Loeb recommended Amgen's stock Tuesday, causing shares to rise on the news.» Read More
*Nanoco shares rise more than 27 pct. Sept 24- Nanoco Group Plc said commercial production of quantum dots, used to make vibrant screen displays, is expected to begin in the first half of next year at a plant in South Korea being built by its partner, Dow Chemical Co..
Microsoft has set Sept. 29 as the new launch date for its Xbox One game console in China, the U.S. software giant said on Tuesday.
Sept 22- Sony Corp said PlayStation TV set-top box, which allows users to access movies and TV episodes from the PlayStation store, will hit stores in the United States and Canada on Oct. 14. Sony is trying to expand its entertainment network services to compete against players like Amazon.com Inc..
NEW YORK, Sept 21- Following are the top 10 movies at North American box offices for the three days starting Sept. 19, led by "The Maze Runner," according to studio estimates compiled by Reuters. $2.7 million 8 Teenage Mutant Ninja Turtles........... $2.7 million 9 The Drop...............................
The young-adult adaptation "The Maze Runner" raced to the top of the box-office with $32.5 million.
Microsoft has delayed the launch of its Xbox One game console in China. The company said it would be released by the end of the year.
BEIJING, Sept 21- Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world's biggest software company said it would be released by the end of the year.
TOKYO, Sept 18- The head of Sony Corp's PlayStation division hopes to raise its profit outlook for this year, in stark contrast to the Japanese electronics firm's mobile business which has forecast deep losses and sent Sony's stock reeling.
Asian shares were mixed on Thursday as slowing property prices in China offset relief over the U.S. Federal Reserve's accomodative policy stance.
TOKYO, Sept 18- Sony Corp's game division head said he hopes the unit can raise its profit outlook for a second time this financial year as sales of the latest PlayStation console and subscription services for games and other content far exceed expectations. Sony had sold more than 10 million PlayStation 4 game consoles as of Aug. 13.
Investors must feeling frustrated after Sony issued another profit warning in he face of smartphone competition from Apple and Samsung.
*Sony to forgo dividend- first time since 1958 listing. TOKYO, Sept 18- Sony Corp shares fell more than 10 percent on Thursday in their biggest drop in more than 10 months after the Japanese consumer electronics maker announced deep losses in its smartphone business and scrapped its dividend for the first time since it listed in 1958..
*Sony tumbles to 1- month low on loss estimate. "For the Japanese market, a rise in U.S. interest rates is positive, and the weak yen is serving as a tailwind to major exporters," said Hiromichi Tamura, chief strategist at Nomura Securities, adding that the weak yen should be positive to Japanese manufacturers as far as 125 yen to the dollar.
Rob Enderle, President and Principal Analyst at Enderle Group, says Sony needs to rebuild itself like Apple did in the late 90s.
TOKYO, Sept 17- Sony Corp cut its earnings outlook for the sixth time on Chief Executive Kazuo Hirai's watch on Tuesday as it announced a massive impairment change on its smartphone unit, which it has failed to grow despite a rapidly expanding market.
NEW YORK, Sept 17- U.S. stock index futures were little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.
Some of the names on the move ahead of the open.
TOKYO, Sept 17- Sony Corp on Wednesday sharply deepened its net loss estimate and said it would not pay a dividend this fiscal year for the first time since it listed in 1958 after it was hit by a massive impairment charge for its struggling smartphone division.
Sony Corp warned of a much-deeper-than-expected loss after it was hit by an impairment charge for its struggling smartphone division.
The music business has shifted toward downloads and streaming globally. But in Japan, the compact disc is still king. The New York Times reports.