Sony slashes annual profit forecast by 40%

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Sony slashes annual profit forecast by 40% (via AFP)

Japan’s top electronics firms on Thursday reported mixed earnings, with Sony slashing its full-year profit outlook while hard-hit Panasonic turned in strong earnings and boosted its annual forecast. The firms have undergone painful restructuring to…

Michael Burry likes water, is he onto something?

When the film adaptation of Michael Lewis’ book The Big Short was released last year, it caused a stir. At the end of the movie, it is revealed that one of the film's heroes, Dr. Michael Burry the first institutional investors to discover the problems with and bet against the US subprime market, has now Read More




 

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