Tags: Sony Corp

Sony says no to Loeb proposal of partial sell of entertainment unit

The board of directors of Sony Corp said no to the proposal of Daniel Loeb to partially sell its entertainment business.


Nintendo needs to consider putting games in app stores - analysts

Analysts said that if Nintendo's sales continue to drop, it would need to consider putting its games in app stores.

Executives see signs of turnaround as Sony report US$35 million earnings

The executives of Sony said that their electronics enterprise showed signs of rebound after posting US$35 million profit.

Sony in talks about Loeb’s spinoff proposal

Sony Corp's board has engaged in deep talks with Daniel Loeb after boosting its full-year revenue ending March 31.


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Apple Inc continued to test larger screens for its smartphones and tablets to fit into the extensive trend among mobile manufacturers.
Sony's Kazuo Hirai: His priority for the company would be consumer electronics. Chief Executive Officer of Sony Corp. Kazuo Hirai, who is currently under pressure to sell shares of the firm's entertainment division, stated that turning around the troubled consumer electronics operation is his team's greatest priority.
Goldman Sachs Group Inc and BNP Paribas SA recommended investors to look for profit as Sony Corp increased in bond risk after the latter announced consideration of Loeb's spin off proposal.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Daniel Loeb, head of Third Point LLC proposed a partial spin off to Sony’s business unit to boost the struggling electronics division.
Last Tuesday, Third Point LLC announced that it had raised its stake in Sony Corp to 70 million shares valued at US$1.4 billion.
Daniel Loeb claimed that his hedge fund owns the biggest in Sony Corp and proposed a breakup of said company.
As confirmed by Sony CEO Kazuo Hirai, the proposal put forth by Daniel Loeb of Third Point LLC would be reviewed on its merits.
Sony Corp share activity may be related to ThirdPoint's Daniel Loeb call for the firm's restructuring.
Bids, mergers, acquisitions and disposals. The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Tuesday:** A trio of state-run Indian oil companies has bid $5 billion for stakes in Canadian oil sands holdings owned by ConocoPhillips, two sources said, as the world's No.
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