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Posts Tagged ‘ Sony ’

Sony Not Expected To Address Dan Loeb’s Spin-Off Proposal

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June 19, 2013
TEST6Sony Corporation

Sony Corporation (NYSE:SNE) (TYO:6758)’s annual shareholder meeting is tomorrow, and sources have told Reuters that the company won’t be addressing the proposal to partially spin off its entertainment division. Third Point head Daniel Loeb originally made the suggestion, and he isn’t expected to even be at that shareholder meeting tomorrow. Dan Loeb’s Spin-Off Proposal For Sony His suggestion was to spin off up to a fifth of Sony Corporation (NYSE:SNE) (TYO:6758)’s profitable entertainment unit....
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Jefferies Writes an Open Letter to Sony Dan Loeb Style, But with a Tweak… Spin off Electronics Instead of Content

By
June 18, 2013
TEST6Sony

Possibly taking a cue from Dan Loeb, Atul Goyal, CFA of Jefferies writes an open letter to CEO and Sony Corporation (NYSE:SNE) (TYO:6758)’s BoD. He encourages the company to spinoff the electronics business.  The letter focuses on 3 things. In Goyal’s words: Firstly we compliment CEO Kaz Hirai for his involvement and dedication to Sony’s cause. Secondly, re the content spin-off proposal we request the board to consider the short-term impact and 5-point long-term trade-offs....
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Market News: Nokia, GenMark, Sony, Hormel, Ship Finance

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June 18, 2013
TEST6Post Market news

Post Market News Stocks that were active in U.S. trading on Tuesday include Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V), GenMark Diagnostics, Inc (NASDAQ:GNMK), Sony Corporation (ADR) (NYSE:SNE) (TYO:6758), Hormel Foods Corporation (NYSE:HRL) and Ship Finance International Limited (NYSE:SFL). Market Levels U.S.: Dow Jones: 15,328.41 (+0.98%), S&P 500: 1,650.20 (+0.68%), Nasdaq: 3,480.16 (+0.81%) World Markets: Shanghai: 2,159.29 (+0.14%), Nikkei 225: 13,007.28 (-0.20%), Hang Seng Index: 21,225.88 (0.00%), TSEC: 8,011.02 (+0.23%), FTSE 100: 6,374.21 (+0.69%), EURO STOXX 50: 2,700.93 (-0.07%), BSE Sensex: 19,223.28 (0.00%) Metals: Gold: $1,366.90 (-1.17%), Silver: $21.68...
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Sony to Hold Shareholder Meeting but Loeb Might Not be Focus of Attention

By
June 18, 2013
TEST6Sony

Sony Corporation (NYSE:SNE) (TYO:6758) will hold its AGM on 20 June. Last year’s event was attended by close to 10,000 shareholders. Sony will likely highlight accomplishments to-date including an increasingly clear turnaround in electronics. Expect the Board to be elected as proposed.  Also expect management to be questioned on Third Point’s proposal; the likely (and proper) response would be to maintain that it is a subject for Board deliberation. Sony Corporation (NYSE:SNE) (TYO:6758) BOD The main item on...
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Dan Loeb Ups Sony Stake, Sends Another Letter to CEO Urging Spin Off

By
June 17, 2013
TEST6Dan Loeb

We have not heard much news about Dan Loeb and Sony Corporation (NYSE:SNE) (TYO:6758) lately, but that story (or lack thereof) has just ended. Dan Loeb’s Third Point has sent another letter to the CEO of the Japanese company once again urging the company to spin off its entertainment business. Loeb notes in the letter that he has upped his holding in Sony, now holding a massive stake equaling $1.4 billion (including close to $500 million...
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Apple Inc. (AAPL) Holds Japan, But Sony Is Catching Up Fast

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June 14, 2013
TEST6Apple japan

Apple Inc. (NASDAQ:AAPL) has been owning the Japanese smartphone market, but as Apple Insider’s Kevin Bostic points out, that could be about to change dramatically. Shifting From Apple To Sony Data from the research firm IDC indicates that the iPhone accounted for almost 40 percent of Japan’s smartphone sales during the first three months of the year. At that time, Sony Corporation (NYSE:SNE) (TYO:6758)’s smartphones made up a little over 13 percent of smartphone...
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Sony: PS4 Hard Drive Can Be Replaced By The User

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June 12, 2013
TEST6Sony ps4

As we know, PlayStation 4 ships with a 500GB hard drive, but the good news for those who want to make their hard drive ‘bigger’ is that one can easily replace the hard drive in the PS4. Gamers Can Swap Out The Hard Drive In The New PS4: Sony Sony Corporation (NYSE:SNE) (TYO:6758) told Polygon that gamers can swap out the hard drive in the new PS4, just as they could on a PS3....
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GameStop Corp. (GME) Soars On Sony PS4 News

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June 11, 2013
TEST6gamestop logo

GameStop Corp. (NYSE:GME) shares jumped as much as 8 percent in trading Tuesday. This after Sony Corporation (NYSE:SNE) (TYO:6758) made its big announcement about the PlayStation 4 and Microsoft revealed more details about its Xbox One. The 8 percent move for GameStop is its biggest move within a trading day since Aug. 1 of last year. So far this year, the company’s stock has risen 39 percent, reports Bloomberg’s Niamh Ring. The Implications Of...
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Microsoft Xbox One Cool, But Does It Really Matters To Earnings

By
June 11, 2013
TEST6Microsoft

Microsoft Corporation (NASDAQ:MSFT) revealed at the 2013 Electronic Entertainment Expo (E3) that the Xbox One will be available in November and the price for the product is $499. Analysts at Nomura Equity Research believe that the Xbox One is cool citing its rich ecosystem of game content, realistic graphic and lifelike video, layers on top of set top box for personalized voice gesture commands with Kinect motion sensor, programming guide and Skype integration. Xbox...
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PlayStation 4 vs. XBox One: Let’s Get Ready To Rumble

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June 11, 2013
TEST6Playstation 4 VS Xbox One

On the first day of ES 2013, both Microsoft and Sony unveiled their new gaming consoles the Xbox One and the PlayStation 4 respectively. While this, at first glance, would seem a battle of two heavyweights introducing new consoles to the public at nearly the exact same time, this battle may have been over before it even began. The reason, of course, goes back to last week when Microsoft announced a set of draconian...
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Google, Samsung, Microsoft Top Most Meaningful Brands Index

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June 11, 2013
TEST6google and microsoft

Google Inc (NASDAQ:GOOG), Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) and Microsoft Corporation (NASDAQ:MSFT) have taken the top three spots respectively on Havas Media’s most recent Meaningful Brand Index. The World’s Most Meaningful Brands: Google, Samsung, Microsoft According to Havas Media, most people around the globe wouldn’t bat an eye if 73 percent of the world’s brands suddenly disappeared. Also 20 percent of the world’s brands are seen as making a meaningfully positive impact on...
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