Markets in Asia were mostly higher The Nikkei rose 2.7% to 10,400. Sony (NYSE:SNE) and Toyota (NYSE:TM) rose The Hang Seng was higher by 2.5%. The Shanghai Composite dropped .5% to 3,003.…
Large consumer companies spend a great deal of marketing money on creating, preserving, and increasing the image of their brands. If a product has problems, the process does not always work. Toyota…
Markets in Asia were lower The Nikkei dropped 1.1% to 9,952. Sony (NYSE:SNE) was hurt by a strong yen. The Hang Seng fell .6% to 19,551, a five-month low. The Shanghai Composite…
Douglas A. McIntyre After five quarters of losses, Sony (SNE) has finally turned a profit. The news is not terribly impressive since it is the conglomerate’s financial and insurance divisions that pushed the company into…
Reuters: Toyota (NYSE:TM) said it would have charges of $2 billion for recalls, but posted a profit last quarter and improved its forecasts. Reuters: Shell’s (RDS.A) profits fell sharply. Reuters: Sony (NYSE:SNE)…
Markets in Asia fell. The Nikkei was off .5% to 10,356. Toyota (NYSE:TM) fell and Honda (NYSE:SNE) gained. Sony (NYSE:SNE) announced a profit. The Hang Seng was off 1.8% to 20,342. The…
Sony (NYSE:SNE) has had enough problems in the three years since Howard Stringer became CEO. The company’s PS3 has been a disappointment, regularly underselling the Microsoft (NASDAQ:MSF) Xbox 360 and Nintendo Wii.…
Markets in Asia were higher. The Nikkei rose 1.6% to 10,414. Honda (NYSE:HMC) and Sony (NYSE:SNE) rose. Toyota (NYSE:TM) fell on recall news. The Hang Seng rose 1.6% to 20,351. The Shanghai…
Reuters: Hedge fund Loch Capital is losing customers because of ties to a witness in the Galleon case. Reuters: China GDP grew 10.7% in the fourth quarter. Reuters: Obama will target excessive…
Reuters: Obama said he will not let companies who owe the US taxes to bid for government work. Reuters: Republican Scott Brown won the Senate race in Massachusetts putting the Obama healthcare…
Each year some large retailers face the fall-out of a weak holiday season. The problem was particularly acute in 2009 because the improvement from 2008 was modest if there was any improvement…
The Nintendo Wii and the company’s ancient DS were supposed to be nearly dead, leaving the door ajar for huge market share gains by the Microsoft (NASDAQ:MSFT) Xbox 360 and Sony (NYSE:SNE) PS3. It…
Shares in companies including GameStop (NYSE:GME), Sony (NYSE:SNE), Microsoft (NASDAQ:MSFT), and Take-Two (NASDAQ:TTWO) will be affected by a disclosure from Electronic Arts (NASDAQ:ERTS) that it will badly miss its earnings forecasts. EA…
Reuters: Cadbury (NYSE:CBY) has held private talks with Hershey (NYSE:HSY). Reuters: Oil dropped below $83 as China said it would tighten its energy policy. Reuters: GM will close Saab.
By Douglas A. McIntyre Sales of Nintendo’s flagship Wii video console skidded this past fall. There were concerns among the company’s shareholders that the product was losing its novelty and that heavy…
