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Stock Market & Financial Investment News

News Breaks
February 10, 2014
06:22 EDTSNESony's troubles could lead to breakup suggested by Loeb, Bloomberg reports
With it's disappointing earnings, Sony may now be open to considering some of activist investor Daniel Loeb’s suggestions, reports Bloomberg. Loeb, who heads hedge fund Third Point, wants a major breakup and is selling the PC business and splitting its TV-manufacturing division into a separate unit that may eventually be divested. Last May, Loeb suggested the company sell up to 20% of its entertainment division in an IPO and focus on turning around the electronics business. Reference Link
News For SNE From The Last 14 Days
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August 21, 2015
06:01 EDTSNEABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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August 14, 2015
07:12 EDTSNESony's Playstation 4 leads in strong July video game sales, VentureBeat reports
Even though July brought few major video game releases, new game hardware, software, and accessories generated $541.9M at U.S. retailers in the month, up 6% year over year, VentureBeat reports, citing data from NPD Group. Sony's (SNE) Playstation 4 console outsold its competitors' consoles, namely Nintendo's (NTDOY) Wii U and Microsoft's (MSFT) Xbox One, the report says. Reference Link

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