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Stock Market & Financial Investment News

News Breaks
January 18, 2013
04:57 EDTSNESony Corporation of America sells 550 Madison Avenue building for $1.1B
Sony Corporation of America, or SCA, a wholly-owned subsidiary of Sony, announced that it has entered into a contract to sell its U.S. headquarters building, located at 550 Madison Avenue in New York City, to a consortium led by The Chetrit Group, a New York-based owner of commercial properties in New York City and other major US real estate markets. The sale price is $1.1B, and it is expected that the transaction will close in March. SCA and other Sony businesses, including Sony Music Entertainment, Sony/ATV Music Publishing and Sony Pictures Entertainment, among others, will remain in the building for up to three years under a leaseback arrangement with the purchaser. After repaying debt related to the building and other transaction costs, it is expected that Sony will receive net cash proceeds of approximately $770M. Sony expects to realize a gain on the sale of approximately $685M to be recorded as operating income. Sony is currently reevaluating its forecast of the consolidated financial results for the current fiscal year ending March 31 to take into account this sale and other factors that might affect such forecast.
News For SNE From The Last 14 Days
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August 18, 2014
06:03 EDTSNEAUO continues to see curved TV orders from Sony and Samsung, DigiTimes says
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August 15, 2014
10:09 EDTSNESony expected to debut Smartwatch 3 next month, GigaOM reports
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09:39 EDTSNENPD: Sony's PS4 beats out Xbox One in July, BGR reports
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August 14, 2014
13:25 EDTSNESony enters into car sensor industry, Nikkei says
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08:12 EDTSNESony Pictures Entertainment, T3Media announce partnership
T3Media announced an expanded agreement with Sony Pictures Entertainment, a unit of Sony, to allow T3Media to manage the licensing and distribution of the entire SPE stock footage archive. In addition, T3Media will expand its technology services offering to include enhanced automated metadata creation, additional storage capacity, digital distribution, and use of T3Media's industry leading temporal metadata toolsets. Starting in September, more than 140K clips SPE's stock footage archive will be available for the production community to license via T3Licensing.com. With a direct sales team and a global network of sub distributors, T3Media is ideally positioned to provide access and value for the SPE stock footage archive.
August 12, 2014
13:19 EDTSNESony says 10M PS4 consoles have been sold since launch, TechCrunch reports
Sony has sold 10M units of the PlayStation 4 consoles to consumers since its launch last year, TechCrunch reports, citing comments made by Sony Computer Entertainment Europe CEO Jim Ryan at Gamescom 2014. Reference Link
05:23 EDTSNEPlantronics announces partnership with Sony Computer Entertainment Europe
Plantronics (PLT) announced it has entered into its first-ever partnership with Sony Computer Entertainment Europe (SNE) to provide advanced audio perfectly optimized for performance with PlayStation 4, PlayStation 3, and PlayStation Vita. The new, officially-licensed product, the Plantronics RIG for PS4, PS3, PS Vita will be available across Europe, Middle East and Oceania for the 2014 holiday season.
August 8, 2014
12:49 EDTSNEChina chosen as first market for Sony 4K curved TV's, Nikkei reports
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