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Hedge fund manager Daniel Loeb, who previously pushed for corporate changes at Yahoo, has called on Sony Corp. to spin off or sell a stake in its entertainment operations, the New York Times reported, citing people familiar with the situation. It ...

Sony , according to people briefed on the matter, possibly setting off a battle that could roil Japan's famously staid corporate culture. The call, which came Tuesday, will most likely be viewed by government officials and corporate leaders in Tokyo ...

Hedge fund billionaire Daniel Loeb has asked Sony (SNE) The subtext of his inquiry was simpler: is Corporate Japan ready to embrace the rough-and-tumble brinksmanship of U.S. institutional investors at the cost of such social values as full ...

A US hedge fund has proposed that Sony Corporation sell up to 20 per cent of its entertainment business and use the money to strengthen its ailing electronics unit, drawing a quick rejection from the Japanese consumer conglomerate.

Consolidated Financial Results for the Fiscal Year Ended March 31, 2013 Sony Corporation1-7-1 Konan, Minato-kuTokyo 108-0075 Japan No. 13-055E3:00 P.M. JST, May 9, 2013 Consolidated Financial Results for the Fiscal Year Ended March 31, 2013 Tokyo, ...

U.S. investor Daniel Loeb is pressing Japanese corporate giant Sony to break itself up to sharpen its focus, a letter to the company revealed. Loeb, an activist investor who runs the hedge fund Third Point and has amassed an estimated $1.5 billion ...

could mark the start of the third leg of Japanese Prime Minister Shinzo Abe's radical economic policies: shaking up corporate Japan by removing regulations that have hurt profitability and held back restructuring. Hedge fund manager Daniel Loeb met ...

For two decades the Japanese economy has deteriorated as its corporate leaders seemingly stood idly by, sustaining a business bureaucracy that resisted change amid a dynamic global economy. But in recent months the winds of change have started to ...

(The following statement was released by the rating agency) HONG KONG/SINGAPORE, May 09 (Fitch) Fitch Ratings says Sony Corporation's (Sony, BB-/Negative) bid to achieve a significant turnaround in its electronics business in the financial year ...