10 Updates

Convertible Bonds Issue Wipes 10% Off Sony Stock

Source: CNBC, Nov 14 2012, 10:32pm CST

Shares of Sony tumbled over 10 percent on Thursday, a day after the consumer electronics maker said it will raise 150 billion yen ($1.9 billion) through a sale of convertible bonds to help finance a series of investments ...

Continue reading on: CNBC

 
 
Update
10

40 minutes ago

Best of PlayStation Network, Vol. 1 Debuts This Summer

Source: The Escapist  |   May 22 2013, 1:52pm CDT

Sony's revealed plans to pack four of the PlayStation Network's best downloadable exclusives onto a single retail disc. If you look at Sony's history since the firm entered the gaming biz, you'll notice a trend of constant ...

Continue reading on: The Escapist  More like this

 
Update
9

1 hour ago

Sony said it would think over spinoff proposal

Source: United Press International  |   May 22 2013, 1:27pm CDT

TOKYO, May 22 (UPI) -- Japanese conglomerate Sony's board said it would make a good-faith effort in considering spinning off its entertainment business. One of Sony's largest shareholders, the hedge fund Third Point, ...

Continue reading on: United Press International  More like this

 
Update
8

26 weeks ago


Quote:
"In a way, the fact that Sony can issue corporate bonds and access the market is positive, in comparison to its peers that can't even do that like Sharp. From an equity perspective, there are worries of dilution but on a credit front this is positive"


Source: CNBC

 

Latest Business News

 
Update
7

1 hour ago

News Summary: Sony mulls hedge fund's spinoff idea

Source: Washington Examiner   |   May 22 2013, 1:16pm CDT

SPINOFF: Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. THE RATIONALE: Loeb said ...

Continue reading on: Washington Examiner  More like this

 
Update
6

2 hours ago

Sony board weighs breakup proposal

Source: Deccan Herald  |   May 22 2013, 12:06pm CDT

Sony said on Wednesday that its board was considering a proposal from a United States hedge fund to spin off part of its entertainment business, but it emphasized that those discussions were preliminary and that it had not set a timetable for a respo ...

Continue reading on: Deccan Herald  More like this

 
Update
5

2 hours ago

Sony Considering Loeb Approach

Source: FIN Alternatives  |   May 22 2013, 11:38am CDT

Third Point's Dan Loeb may not get his way on breaking up Sony—but he'll get a hearing. Sony CEO Kazuo Hirai, who is thought to oppose Loeb's plan to spin-off the company's entertainment division, said he and the board will consider the hedge fund ma ...

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Update
4

3 hours ago

Moneysaver One-Shot: Sony MDR-V6 Headphones For Cheap

Source: Kotaku  |   May 22 2013, 11:30am CDT

Can you hear the savings now? Amazon has Sony's MDR-V6 headphones for a low $54 today. That's squarely in impulse buy territory, and a no-brainer if you need a new pair. We love headphones at the Moneysaver , and we've ...

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Update
3

3 hours ago

Sony weighs investor's proposal to break up company

Source: Hartford Courant  |   May 22 2013, 11:20am CDT

Sony Corp. is considering a proposal by California billionaire Daniel Loeb to sell as much as a fifth of the group's money-making entertainment arm -- movies, TV and music -- to free up cash to revive an electronics business ...

Continue reading on: Hartford Courant  More like this

 
Update
2

3 hours ago

Sony's board debates breaking up with Spider-Man

Source: The Register  |   May 22 2013, 11:03am CDT

Sony has said that it will consider a proposal from activist investor Daniel Loeb that the group should sell off parts of its music and movies business, which includes popular franchises Spider-Man and Resid ...

Continue reading on: The Register  More like this

 
Update
1

4 hours ago

Japan Inc should take a look in the mirror

Source: MyDigitalFC.com | Financial Chronicle  |   May 22 2013, 10:32am CDT

Sony’s curt dismissal of a foreigner’s advice last week didn’t shock Michael Woodford, the former chief executive officer of Olympus Corporation. “The club, meaning corporate Japan, will do everything it can to mask and hide what’s wrong. That’s what’s m ...

Continue reading on: MyDigitalFC.com | Financial Chronicle  More like this

 
 
 
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