Sony's stock was sent plummeting around 8 percent on Monday after the company cut its revenue outlook for the fiscal year.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sony, Nintendo seen scoring strong third-quarter earnings as console battle reaches next levelSony Corp and Nintendo Co Ltd are expected to score strong quarterly earnings th...
Read more »
PlayStation glitch lights fire under Sony CEOThe $64 bln electronics giant missed operating profit forecasts, as video-games sales disappointed and smartphones tanked. As cash-cow businesses slow, the heat is rising for Kenichiro Yoshida to deliver growth from music and movies - and ditch the unprofitable handsets unit.
Read more »
The box-office success of 'Venom' gave Sony a big boost to close out 2018'Venom' was the sixth highest-grossing movie of 2018, and a sequel is already in the works.
Read more »
Sony reports best-ever quarterly profit on strong music businessJapan's Sony Corp raked in its highest-ever quarterly profit after booking ...
Read more »
Two major companies on Monday — Caterpillar and Nvidia — blamed China for poor earningsCaterpillar said that demand for its equipment in China declined in the fourth quarter, a bad omen for the global economy.
Read more »
Bystanders of Sears' downfall will get their day in court MondayUnsecured creditors are objecting to Lampert's $5.2 billion deal to buy Sears out of bankruptcy, the only deal that would stave off liquidation.
Read more »