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Stock Market & Financial Investment News

News Breaks
February 2, 2014
17:19 EDTLNVGY, SNESony considers PC alliance with Lenovo, NHK says
Sony (SNE) is weighing the idea of forming a business alliance with the Lenovo (LNVGY) to rebuild Vaio, its personal computer business, says NHK. Reference Link
News For SNE;LNVGY From The Last 14 Days
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March 3, 2015
12:14 EDTLNVGYConnecticut AG probes Lenovo over laptop software, Computerworld says
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05:54 EDTSNESamsung, Sony and LG to purchase 42% of TV panel supply in 2015, DigiTimes says
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March 2, 2015
07:44 EDTSNESony mobile president seeking profitability first, WSJ reports
In an interview with the Wall Street Journal, president of Sony Mobile Communications Hiroki Totoki stated he recognizes the company "should become a meaningful source of profit to the group... The business canít be justified if the profit margin is low." Totoki wants to stay in the mobile business for the next cycle of innovation, saying that "we wonít tie ourselves only to smartphones or even hardware" and adding that the unit is "open to tie-ups with thirds parties." Totoki also sees potential for the brand in India. Reference Link
06:31 EDTSNEJAKKS Pacific announces licensing, master toy agreement for Smurfs franchise
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06:18 EDTSNESony to test latest wearables in B-to-B market, WSJ reports
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February 27, 2015
08:59 EDTSNESony fires Sony Pictures Digital president, Variety says
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February 26, 2015
06:02 EDTLNVGYLenovo website taken down by cyberattack, WSJ says
Lenovo stated its website was taken down by a cyberattack Thursday, reports the Wall Street Journal's Digits blog. Attempting to log in to the website redirected users to a blank page. Lenovo is "actively investigating other aspects of the attack" and working with third parties to investigate. Reference Link
February 25, 2015
08:45 EDTSNEEros International announces content partnership with Sony Television
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06:01 EDTLNVGYGlobal tablet shipments forecast at 221.4M units in 2015, DigiTimes says
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February 24, 2015
13:01 EDTSNETom Rothman to replace Amy Pascal at Sony Pictures, FT reports
Former Fox Filmed Entertainment (FOXA) co-Chairman Tom Rothman will replace Amy Pascal as co-chairman of Sony Pictures (SNE), The Financial Times reports. Sony Entertainment CEO Michael Lynton has extended his contract, the publication notes. Rothman has run Sony's TriStar label since 2013. Reference Link
February 23, 2015
07:27 EDTSNESony breach underscored failings in corporate, government cooperation, WSJ says
A Wall Street Journal review of the hack attack on Sony Entertainment shows that the companies and government agencies fighting the hackers based some decisions on little information or consultation since the parties often held too closely to their own interests, illustrating major shortcomings in how the government and companies work together to respond to such attacks. The Journal cites interviews with executives, U.S. officials and people briefed on their conversations in its report. Reference Link
February 20, 2015
06:11 EDTSNESony may be contemplating replacing CEO Hirai with CFO Yoshida, NY Post says
Sony may be considering replacing CEO Kaz Hirai with current CFO Kenichiro Yoshida, reports the New York Post, citing several Hollywood sources. Yoshida has received heavy media praise for his restructuring efforts and is currently set to add the title of executive deputy president in April. The article emphasizes that this is speculation among Hollywood figures. Reference Link
February 19, 2015
10:09 EDTLNVGYLenovo says malicious adware no longer active, TechCrunch reports
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09:14 EDTSNESony Pictures co-chairman position may be split into multiple roles, FT says
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07:58 EDTLNVGYLenovo reportedly installed malicious software on laptops, The Next Web says
Lenovo reportedly installed adware on its laptops as early as mid-2014 which inserts third-party ads into internet searches and websites, reports The Next Web, citing reports from Lenovo laptop customers. Some users report that the software also installs a "man-in-the-middle" that would enable it to intercept secure data from the laptop. Lenovo community administrator Mark Hopkins previously stated the company has temporarily stopped shipping the software in its laptops. Reference Link
06:57 EDTSNESony to release high-end audio memory card, WSJ says
Sony will release a high-end, audio-focused memory card next month, reports the Wall Street Journal's Digits blog, citing spokesperson comments. The 64gb micro SD card will sell for $160 in Japan -- which the paper notes is roughly five times the average price for standard 64gb cards -- and produces less electrical noise when reading data. A Sony spokesperson stated, "We arenít that sure about the productís potential demand." Reference Link
February 18, 2015
12:30 EDTSNESony upgraded to Buy from Neutral at Nomura
06:00 EDTSNESony plans to split out Video & Sound unit, others thereafter
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05:58 EDTSNESony sets FY17 ROE target of more than 10%
Sony held its Corporate Strategy Meeting and unveiled a mid-term strategy that charts the path forward for the company over the next three years. Sony said it will position Return on Equity as its primary key performance indicator and has set a target for consolidated ROE of more than 10% and a target for consolidated operating profit of more than 500B yen for the Sony Group in FY2017, the final year of its mid-range corporate plan.
05:10 EDTLNVGYLenovo, STFC Hartree Centre enter into joint research project
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