New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2014
05:52 EDTSNESony, JIP sign memorandum of understanding for sale of PC business
Sony and Japan Industrial Partners announced that they have entered into a memorandum of understanding that confirms their intent for Sony to sell to JIP Sony's PC business currently operated under the VAIO brand. Sony and JIP are aiming to conclude definitive agreements by the end of March, following due diligence and negotiation of detailed terms and conditions of the sale. The parties' current intention is to sell Sony's PC business and certain related assets to a new company established by JIP, targeting July 1 for the completion of the sale. The terms and conditions of the sale and details of the new company's structure are subject to further discussion between the two parties. The new company will be established and operated with capital investment from and management support of JIP. Sony will initially invest 5% of the new company's capital to support its launch and facilitate a smooth business transition. Sony said it has determined that the "optimal solution is to concentrate its mobile product lineup on smartphones and tablets and to transfer its PC business to a new company established by JIP that will enable the continuation of the VAIO branded PC business."
News For SNE From The Last 14 Days
Check below for free stories on SNE the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 29, 2014
10:00 EDTSNESony volatility at low end of historic range as shares advance
Subscribe for More Information
07:46 EDTSNESony, Samsung to launch smartphones with metal-alloy bodies, DigiTimes says
Subscribe for More Information
06:19 EDTSNESprint to carry Sony's next Xperia phone in the U.S., WSJ reports
Subscribe for More Information
August 28, 2014
12:30 EDTSNENetflix buys flagship series 'The Blacklist' for $2M per episode, Deadline says
Subscribe for More Information
August 26, 2014
09:01 EDTSNEElectronic Arts launches Madden NFL 15 on Xbox One, PS4
Subscribe for More Information
August 25, 2014
06:44 EDTSNESony's PSN back online following cyber attack
Subscribe for More Information
06:04 EDTSNEAmerican Airlines flight diverted as Sony exec receives threat, Re/code reports
Subscribe for More Information
August 24, 2014
16:34 EDTSNESony says PlayStation impacted by Denial of Service attack
Subscribe for More Information
August 22, 2014
11:59 EDTSNEGameStop surges after Q2 EPS, revenue beat expectations
Subscribe for More Information
August 18, 2014
06:03 EDTSNEAUO continues to see curved TV orders from Sony and Samsung, DigiTimes says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use