News Breaks |
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| September 30, 2012 |
| 20:24 EDT |  | SNE, OCPNY | Olympus and Sony to form business and capital alliance
In a regulatory filing Olympus Corporation (OCPNY) and Sony Corporation (SNE) announced that the two companies have entered into a business alliance agreement and a capital alliance agreement (through a third-party allotment of Olympus’s common shares to Sony. Comment from Hiroyuki Sasa, Representative Director and President, Olympus Corporation: “In line with its medium-term vision announced in June 2012, Olympus has been pushing to enhance its financial strength and weighing the possibility of a business and capital tie-up for greater business synergy in the core business domains of medical and imaging. In this regard, we have decided to form a business and capital alliance with Sony, which is strong in image sensors and other image-related technologies. Partnering with Sony will provide great advantage to Olympus and enable the two companies to exchange various complementary competencies. Investment from Sony will help strengthen our financial base. In addition, through this alliance, the strengths of the two companies will merge, certainly making it possible for Olympus to contribute to world medical progress by developing a variety of new medical devices that would not be possible by Olympus alone. In the field of digital cameras, we will seek to achieve collaboration in a manner that further improves the competitiveness of the two companies.” |
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News For SNE;OCPNY From The Last 14 Days Check below for free stories on SNE;OCPNY the last two weeks. |
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| June 18, 2013 |
| 17:12 EDT | | SNE | Nvidia to begin licensing GPU cores, visual computing portfolio
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| 16:22 EDT |  | SNE | On The Fly: Closing Wrap
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| 12:21 EDT | | SNE | On The Fly: Midday Wrap
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| 09:49 EDT |  | SNE | Sony rises after Third Point raises stake to 7%, levels to watch
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| 09:05 EDT | | SNE | T-Mobile to be exclusive carrier of Sony Xperia Z smartphone
T-Mobile U.S. (TMUS) announced it will be the exclusive U.S. wireless company to carry the Xperia Z from Sony (SNE). |
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| 08:52 EDT | | SNE | On The Fly: Pre-market Movers
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| 07:42 EDT |  | SNE | May U.S. retail video game sales fall 25%, Bloomberg reports
U.S. retail sales of video game hardware, software and accessories tumbled 25% to $386.3M this past May, with overall hardware sales down 31% from last year to $96M, reported Bloomberg citing data from NPD Group. Reference Link |
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| 07:39 EDT | | SNE | Loeb ups his Sony stake, pushes for entertainment IPO, WSJ reports
Hedge-fund investor Daniel Loeb's Third Point LLC increased its stake in Sony Corp. as it moved to persuade the company to launch an IPO of its entertainment division, reports the Wall Street Journal. Third Point added about 5M shares to its Sony stake, for a total of 70M shares, or 6.9% of the company. This morning in Tokyo, Loeb's fimr sent a letter from him to Sony CEO Kazuo Hirai reiterating their argument that Sony should sell a 15% to 20% stake in its entertainment arm, which comprises the company's movie and music businesses. Reference Link |
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| 06:05 EDT |  | SNE | Sony implied volatility at upper end of index mean range
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| June 17, 2013 |
| 20:08 EDT | | SNE | Dan Loeb sends second letter to Sony, Variety reports
Dan Loeb has sent a second letter to Sony CEO Kazuo Hirai reiterating his proposal to spin-off Sony's entertainment assets, reports Variety. Reference Link |
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| June 14, 2013 |
| 15:06 EDT | | SNE | Sony CEO says electronics, entertainment units should be together, Nikkei says
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| 15:03 EDT | | SNE | Sony CEO says electronics, entertainment units should be together, Nikkei says
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| 10:32 EDT | | SNE | GameStop climbs after Oppenheimer ups rating on shares
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| 07:18 EDT | | SNE | Sony volatility elevated on wide price movement
Sony June call option implied volatility is at 43, July is at 51, October is at 47; above its 26-week average of 37 according to Track Data, suggesting large price movement. |
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| June 12, 2013 |
| 13:48 EDT | | SNE | Sony backtracks on PS4 ability to play used games, CNET says
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| 11:43 EDT | | SNE | EA says Sony is having ' a great show' for its new generation console
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| 11:36 EDT | | SNE | EA says Sony is 'striking the right balance" in consoles
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| June 11, 2013 |
| 08:23 EDT |  | SNE | E3 shows game console battle intensifies, says RW Baird
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| 06:55 EDT | | SNE | Sony's PlayStation 4 priced $100 below Microsoft's Xbox One, Bloomberg says
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| 06:32 EDT | | SNE | Sony's PlayStation 4 components to start shipping in June, Digitimes reports
Sony's (SNE) PlayStation 4 components is expected to start shipping in June and volumes may reach 1M units per month by September, reports DigiTimes. According to sources from the upstream supply chain, volume shipments for Microsoft's (MSFT) Xbox One is expected to start in Q3. Reference Link |
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