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Sony gets real on restructuring, pockets of denial persist

21

May

2014

By Reiji Murai and Sophie Knight TOKYO (Reuters) – Sony Corp may finally be serious about restructuring, setting aside up to $1 billion this fiscal year to cut staff, but the hard-nosed figures in its latest results still include noticeably rosy forecasts. Sony missed the forecasts it set for its TV and smartphone divisions last […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Sony falls almost seven percent after forecasting net loss for 2014/15

15

May

2014

TOKYO (Reuters) – Sony Corp shares fell 6.9 percent to 1,680 yen, their lowest in nearly three months, after the consumer electronics maker forecast a net loss for a second year in a row for the year to March 2015. Sony is stepping up restructuring efforts to try to turn around its business. (Reporting by […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Sony vows deeper restructuring, warns of another loss this year

14

May

2014

By Reiji Murai and Sophie Knight TOKYO (Reuters) – Sony Corp said it would step up a broad restructuring this year to tackle bloated costs and exit some unprofitable businesses, hoping to put behind it years of persistent losses. Domestic peer Panasonic Corp, by contrast, has turned around its business by embracing industrial products and […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Sony gets real on restructuring, pockets of denial persist

Sony falls almost seven percent after forecasting net loss for 2014/15

Sony vows deeper restructuring, warns of another loss this year

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