Ed Rogers, CEO & CIO of Rogers Investment Advisors talks Sony and Japanese economic reforms.
Sony shareholders will be able to gauge CEO Kazuo Hirai's response to activist investor Dan Loeb's proposal to break up the company when he gives an update on his revival strategy at a press briefing on Wednesday.
Stocks closed higher but off their best levels after two Fed officials dampened speculation the central bank was ready to consider "tapering" its bond-buying.
Shares of Sony moved higher Tuesday on heavy volume as reports circulated that it is considering a spinoff proposal from billionaire investor Dan Loeb.
A humbled Sony — once a titan of Japan Inc. — recently sprang back into the black for the first year in five years, courtesy of a plunging yen. Honda, another corporate icon, triumphantly announced a return to Formula One racing, rejoining an exclusive club of high-performance car makers after having slinked away when cash ran low, the NYT reports.
This is Sony's latest attempt to keep the buzz going on its Playstation 4 ahead of Microsoft's XBox launch.
This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.
Tech upstarts are delivering disruption, and the cloud is the driver.
Billionaire hedge fund manager Daniel Loeb said Sony reminds him of Yahoo before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company.
CNBC's David Faber has the latest details on activist investor Daniel Loeb's call for Sony to spin off its entertainment unit.
Richard Windsor, founder of Radio Free Mobile that Sony is going to attract 'vulture like' investors as there is a strong argument for keeping it together.
The Nikkei resumed its market out-performance on Wednesday, rising to a fresh five-and-a-half year high as a weaker yen hovers around the 102 handle while other Asian stock markets pared initial gains.
Calls by an American billionaire investor for a break-up of Sony could mark the start of the third leg of Abenomics: shaking up corporate Japan by removing regulations that have hurt profitability.
A surge in option market bets on Sony just before a large hedge fund investor announced a big stake has raised concerns that some traders may have had advance word of the news.
Google has reportedly signed licensing deals with Universal Music and Sony Music to launch a subscription music service that would compete with fast-growing start-up Spotify.
The S&P and Dow closed at fresh all-time highs on Tuesday after widely followed hedge fund manager David Tepper said he is "definitely bullish" on stocks.
Activist shareholder Dan Loeb has upped his stake in Sony and is calling for a spin-off, with CNBC's Andrew Ross Sorkin.
Hedge fund hot shot Dan Loeb had success calling for change at Yahoo, but now he's taking on an entirely new beast: Sony. Ryan Mendy, Spinoff Report, weighs in on whether Loeb has gotten in over his head.
Billionaire hedge fund investor Daniel Loeb wants Sony to spin off its entertainment arm, reports Jon Fortt.
Daisuke Wakabayashi, The Wall Street Journal, discusses the likelihood of a Sony spin-off and what the reconfigured company might look like.