Asia Markets 8/10/2009
Markets in Asia were mixed. The Nikkei rose 1.1% to 10,524. Sony (SNE) was up over 3%. The Hang Seng advanced. 2.2% to 20,829. The Shanghai Composite fell .3% to 3,250. At…
Markets in Asia were mixed. The Nikkei rose 1.1% to 10,524. Sony (SNE) was up over 3%. The Hang Seng advanced. 2.2% to 20,829. The Shanghai Composite fell .3% to 3,250. At…
Reuters: GM’s new board endorsed the company’s new plans. Reuters: The Senate will probably approve “cash for clunkers” aid. Reuters: Sony (SNE) will enter the market with an e-reader to compete with…
Sony (SNE) has had one hit product in the thirty years since it launched the Walkman. That product was the PlayStation 2. Microsoft (MSFT) and Nintendo bull-dozed Sony out of its position…
Sony has been skewered for its lack of innovation for the last half decade. Its last big consumer electronics hit was the Walkman which went on sale in June 1979. Sony had…
Markets in Asia were mostly higher. The Nikkei rose 1.9% to 10,367. Sony (SNE) moved up on earnings. The Hang Seng rose 1.6% to 20,551. The Shanghai Composite was up 2.7% to…
Nintendo had its worst quarter in a long time. Sales of its aging Wii video console fell by over half to 2.23 million units for the last period. Profits also dropped by…
Reuters: Unemployment is causing further stress in the housing market. Reuters: The Microsoft (MSFT) deal with Yahoo! (YHOO) may have challenges with regulators. Reuters: Sony (SNE) lost money on weakness in its…
Most markets in Asia were up slightly. The Nikkei rose .5% to 10,165. Honda (HMC) rose on good results as did Sony (SNE). The Hang Seng was up .9% to 20,312. Lower…
Asian markets were mixed with Chinese markets falling sharply. The Nikkei rose .3% to 10,113. Honda (HMC) posted good earnings. Sony (SNE) posts next week. The Hang Seng was down 3.1% to…
Over the past week, the 24/7 Wall St./The Channel Checkers poll surveyed Gamestop and EB Games stores across the United States to track sales trends of gaming consoles and video games. We asked the…
Markets in Asia were higher. The Nikkei rose .7% to 9,793. Sony (SNE) jumped higher. The Hang Seng moved up 2.7% to 19,783. The Shanghai Composite was up 1% to 3,328. At…
Market in Asia were mixed. The Nikkei rose .8% to 9,723. Shares in Sony (SNE) dropped slightly. The Hang Seng was down .5% to 19,406. China Mobile (CHL) and China Unicom (CHU)…
Once a year, Interbrand publishes a list of the “Best Global Brands”. The 2008 list was released last September. The next list will probably be out in about two months. The change…
Reuters: Microsoft (MSFT) is putting more R&D in India. Reuters: CIT (CIT) confirmed that it rasied $3 billion. Reuters: Bernanke said Fed can control inflation. Reuters: California lawmakers agreed to a state…
Video games are perfect entertainment during a recession. Game consoles such as the Nintendo Wii, Microsoft (MSFT) Xbox, and Sony (SNE) Playstation, only cost a few hundred dollars. The games that work…