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Stock Market & Financial Investment News

News Breaks
January 17, 2013
14:53 EDTSNESony shares rise after optimistic CEO comments
Shares of Sony (SNE) rallied after company CEO Kazuo Hirai made optimistic comments to reporters at the company's Tokyo headquarters. According to USA Today, the CEO told reporters that the company is more nimble and headed in the right direction. This past year, Sony shares reached a high of $22.35 in February and then started a slide that reached a low of around $9.50 in early December. Many attribute the slide in Sony's business too its overly bureaucratic and complex corporate culture, which impeded the company's decision making and timing. Hirai acknowledged that Sony has been mired in a "sprawling bureaucracy" and that he will be personally involved in product development. Sony shares are up 6% to $11.88 in late afternoon trading.
News For SNE From The Last 14 Days
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January 27, 2015
13:19 EDTSNESony to cut additional 1,000 employees in smartphone business, Nikkei says
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January 23, 2015
10:07 EDTSNEHigh option volume stocks
High option volume stocks: CE TSM RYAM NOC SNE FXCM LBTYA TKMR LF STT
06:17 EDTSNESony to delay earnings report due to last year's cyberattack
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January 22, 2015
06:54 EDTSNESony sees mobile success in Middle East and Africa, WSJ says
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January 21, 2015
06:36 EDTSNESony's 'The Interview' nets $40M in online and TV sales, Re/code says
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06:35 EDTSNESony planning to reduce headcount in Japan by 1,500, Variety reports
According to media reports in Japan, Variety reports that Sony is planning to reduce its headcount in various divisions in Japan by about 1,500 by the end of FY14 through early retirement programs. The process, which began last August, involved Sony's corporate planning and finance departments, but has now been expanded to include corporate headquarters staff. Reference Link
January 20, 2015
18:38 EDTSNESony probed Indian operations for corruption, Bloomberg reports
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January 16, 2015
09:47 EDTSNEPolice arrest U.K. man in connection with Sony, Microsoft hack, Bloomberg says
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06:08 EDTSNESony may look to sell handset business, DigiTimes reports
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January 15, 2015
19:46 EDTSNEMicrosoft's Xbox wins holiday retail fight against PS4, Re/code reports
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07:52 EDTSNE'Avatar' sequel pushed back to 2017, AP says
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January 14, 2015
07:58 EDTSNEQuantum Dot bumps OLED at cutting edge of TV tech, WSJ says
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January 13, 2015
07:10 EDTSNESony considering options for TV, phone operations, Reuters reports
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