Sony has slashed the price of its PlayStation 4 games console by over 12 percent in its Japanese home market — and finally given a name to its virtual reality gaming headset.» Read More
As the three-month auction for Warner Music Group draws to a close, Yucaipa Companies is the frontrunner. Its $3 billion plus bid would beat a recent offer of $2.8 billion by BMG, a KKR and Bertelsmann joint venture. Both bids are for the whole company.
Stocks closed mixed Monday with tech stocks lower after the market traded within a narrow range during much of a quiet session with the market at or near highs for the year. Johnson & Johnson led the Dow higher, while HP fell.
Stocks gained moderate strength in the final hour of trading Monday, although largely remained within a narrow range, amid another quiet trading session with the market at or near highs for the year. Johnson & Johnson and Wal-Mart gained, while HP fell.
The battle for your home entertainment dollars is heating up. Now cable and satellite TV companies are moving forward with plans to give consumers even more control over how and when they access entertainment as they look to keep subscribers from "cutting the cord."
Sony Online Entertainment, the one-time leader in the online gaming space, has been scaled back significantly.
With its hands tied due to an exclusivity agreement between MLB and Take-Two Interactive Software, EA has had to ride the bench. Today, though, it's stepping back into the batter's circle.
Mars may need moms, but theaters need audiences. Hollywood box office receipts for the first quarter are on track to be down more than 20 percent.
Stocks ended down, after trading in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally amid rising oil prices and ongoing turmoil in Libya and the Middle East. Bank of America and GE fell, while Verizon rose.
Stocks traded slightly lower, and in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally as oil prices rose amid ongoing turmoil in Libya and the Middle East. GE and Bank of America fell, while Verizon gained.
Stocks turned lower as oil prices gained amid continuing unrest in the Middle East and North Africa. Verizon and Boeing rose, w hile Bank of America fell.
The G7 intervened to weaken the Yen last Friday in an attempt to stabilize the Japanese currency’s dramatic rise since the catastrophic earthquake, tsunami, and nuclear disaster. Europe’s central banks, the Federal Reserve and the Bank of Canada followed the Bank of Japan’s Yen sales, pushing it down against the US dollar.
Stocks ended off the highs of the day on Friday, and lower for the week, amid a still uncertain global environment rocked by uncertainty in the Middle East and Japan, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar rose, while Travelers fell.
Stocks traded off the highs of the day before the close amid a still uncertain global environment rocked by uncertainty in the Middle East and Japan, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar rose, while Travelers fell.
Stocks pared gains as news that fighting in Libya was continuing despite Libya's pronouncement that it was ceasing military operations, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar led the gainers.
There is no way to underscore the depth of the tragedy we see playing out before us as the potential of a nuclear nightmare of unprecedented proportions unfolds before our eyes. And while it pales in comparison to the human toll, the Japanese economy is also surely facing a period of great challenge.
Stocks opened higher this morning as the world community is finally moving on Libya. Oil dropped to $101 from $103 when the Libyan Foreign Minister said they were declaring a cease fire. France says strikes are imminent after the U.N. approved a no-fly zone. What's not clear is whether this is too little, too late.
U.S. stock index futures rose sharply ahead of the open Friday after Libya announced it was ceasing military operations to protect civilians in the wake of United Nation's decision to create a no-fly zone over the country.
As the Tokyo Electric Power began throwing everything at the reactor problem, Japanese big cap stocks like Sony (SNE) and Panasonic (PC) have been rising (Sony is down nearly 20 percent in the past week), as have big miners like BHP Billiton (BBL) and Rio Tinto (RIO), which are up 3 or 4 percent.
Stocks closed off the lows of the day, although still 1 percent lower, as buyers stepped into the market in afternoon trading even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained. .
Stocks significantly pared losses, although continued to trade lower, after the Federal Reserve reaffirmed intentions to continue stimulating the economy through bond purchases even as investors remained unnerved by the escalating nuclear crisis in Japan. Intel and Cisco fell, while Chevron gained.