Business Moves

Sony’s 3Q losses pile pressure on management

By Dan Slater | 30 January 2009
Keywords: sony | earnings | flint

Subscriber Content Preview.
.

The company blames the strong yen, but some analysts are not convinced. How long can the CEO hang on?

Sony yesterday announced an operating loss of ¥18 billion ($197 million) for the crucial Christmas quarter of fiscal 2008 (ending March 2009), compared to a gain of ¥236.2 billion for the same October-December period in 2007.

To continue reading this article, subscribe now or call us now on +852 2122 5222.

You need a subscription to view this article
Articles older than 48 hours are available to subscribers only.

Log in below or buy a subscription to enjoy unlimited access to FinanceAsia.com's quickly growing 13,000 article database.

Username:

Password:

Remember me | Forgot your password?

Temasek sells S$1 billion of 10-year bonds

The Singapore dollar-denominated transaction is well received by insurance companies in particular, despite pricing at a tight spread.

By Anette Jönsson | 9 February 2010

Huatai launches ambitious deal in exhausted A-share market

The share sale by the Chinese brokerage comes at a time when investors have become conscious that investing in new stocks is not always a sure bet.

By Lillian Liu | 9 February 2010

Banks in US still under fire

Bank of America, Ken Lewis and Joe Price face a law suit related to the Merrill Lynch merger, while Goldman Sachs pays each of its head honchos a $9 million bonus for 2009.

By Sameera Anand | 9 February 2010

Equities	Debt
M&A	Moves People Moves Business Moves
News & Views View Point Macro & Markets Corporate	Banking Cash & Trade Structured Products FX Private Banking
Editor's Desk Awards Co-published Editor's Desk Polls Book Review Private Capital	Conference Highlights