Sony Corp (ADR)
-
How To Play Japanese Currency The Shinzo Abe Way
By Alexander Cho - May 17, 2013 | Tickers: HMC, JYN, SNE, TM
The Bank of Japan has been inflating its economy quite aggressively with the Central Bank aggressively piling assets onto its balance sheet. Japanese American depositary receipts like Sony (NYSE: SNE), Toyota (NYSE: TM), and Honda (NYSE: HMC) have reported or will report earnings that are inflated.
Economic effect
Source: YCharts
Since the beginning of 2013, the Bank of Japan has increased its outstanding reserves by 48.85%. While this was more »
-
Buy Google Glass, Don't be an @ss
By John Timmes - May 17, 2013 | Tickers: AAPL, GOOG, SNE
Google Glass is being widely talked about after the company's recent I/O conference was the sight of the largest gathering of techies using the product. The company discussed some newly created apps for the glasses and how they wanted app developers to build new application. Google does not want versions of current mobile apps tailored to fit Glass, they want entirely new apps built from the ground up more »
-
Can Third Point Steal Sony Entertainment?
By Salvatore "Sam" Mattera - May 17, 2013 | Tickers: SHOS, SNE, YCS
Back in April, in a letter to its investors, Third Point remarked that it had begun building stakes in Japanese companies. At the time, I speculated that Sony (NYSE: SNE) could be a stock Third Point was buying.
That proved to be a prescient call. On Tuesday, Third Point revealed that it holds more shares of Sony than any other investor. And Third Point isn’t satisfied sitting by idly more »
-
Do Investors Benefit from Activist Shareholders?
By Salvatore "Sam" Mattera - May 17, 2013 | Tickers: CP, JCP, SNE, YHOO
Third Point’s Dan Loeb is known largely for his shareholder activism. On Tuesday, his fund began a campaign to get Japanese giant Sony (NYSE: SNE) to consider making some changes to its business.
As investors mull the prospect of following Loeb into the trade, it’s worth asking: do investors benefit from shareholder activism? In general, the answer is yes, though there have been some notable exceptions.
Studies support more »
-
Billionaire Activist Zeroes In On Sony
By Marshall Hargrave - May 16, 2013 | Tickers: BBRY, SNE, ERIC
Sony Corporation (NYSE: SNE) has been a perennial under-performer since the dot-com bubble burst in 2000. The stock peaked in 2000 at around $156 a share and has been a terrible investment for investors ever since. The collapse and similarities I see in the chart reminds me of the BlackBerry (NASDAQ: BBRY) collapse in 2008.
In many ways I ask myself how did this company miss so many technological changes more »
-
Three Companies Threatening Apple's Dominance
By Delian Naydenov - May 16, 2013 | Tickers: AAPL, GOOG, MSFT, SNE
Steve Jobs was the man behind Apple's (NASDAQ: AAPL) success, and it appears that Apple is losing ground since his death on October 5, 2011. In fact, Apple's common stock is up about 19%, under-performing the S&P 500 return by over 41%. This is despite Apple paying the first dividend of $2.65 per share in August 2012, raising it to $3.05 in April 2013, announcing more »
-
Is This Company's Much Awaited Turnaround Finally Here?
By Alexander Cho - May 16, 2013 | Tickers: AAPL, GOOG, SNE
Sony (NYSE: SNE), for the first time in ten years, reported a profit. The company is no longer the technology company it once was. It also helps that the USD/JPY has been on an uptrend, which resulted in the company reporting inflated Japanese Yen-based figures.
Earnings highlights
The company’s growth in financial services, along with mobile, was the primary reason for its earnings success. Sony’s financial services more »
-
Apple's Competition Is Getting Tougher
By Damian Illia - May 16, 2013 | Tickers: AAPL, NOK, SSNLF, SNE
Apple (NASDAQ: AAPL) recently posted its second quarter results, and they came in below analysts’ estimates. However, this did not affect its share price as the company announced a massive cash return of $100 billion through 2015, including share buybacks and increased dividends. Let's take a look at the company's most recent results and its future from a competitive standpoint.
How was Apple’s performance behind that juicy more »
-
What The Next Ten Years Of Technology Will Look Like
By Alexander Cho - May 16, 2013 | Tickers: AMZN, AAPL, GOOG, MSFT, SNE
In this article, I want to highlight 3 very important trends that are going on in the technology space and how they will alter the technology landscape.
Faster internet
Google (NASDAQ: GOOG) has been rolling out a fiber optic network. The company advertises that its internet speeds are 100 times faster than the average broadband internet speeds, and that its Gigabit internet will allow users to browse the internet at more »
-
Why It's Time for Sony to Break-Up
By John McKenna - May 16, 2013 | Tickers: AAPL, BBRY, SNE
Breaking up is hard to do. It can be the hardest decision one makes in their personal life. Things were once hunky-dory, but have since gone sour. Maybe you realize there are other pretty creatures around that you should spend more time with or that the relationship has been in an unavoidable rut and it’s time for a shakeup. This is the dilemma facing Sony (NYSE: SNE) and investment more »
-
Electronic Arts' Gross Margin Improves at the Expense of GameStop
By Alexander Cho - May 15, 2013 | Tickers: EA, GME, SNE
Is the video game console dead? Perhaps Electronics Arts may no longer have the long-term potential with its hard-core video game franchising. Despite the weak performance, I’m a little more optimistic than the rest of the street. Let’s uncover this opportunity?
Earnings highlightsIn the first quarter of 2013 Electronic Arts (NASDAQ: EA) reported a decline in revenue. The company’s revenue declined from $1.368 billion in more »
-
Sony Is Relatively Cheap, and Opportunistic
By Anh HOANG - May 15, 2013 | Tickers: PCRFY, SHCAY.PK, SNE
Famous hedge fund manager Dan Loeb has come to Japan, targeting one of the biggest Japanese corporations, Sony (NYSE: SNE). Dan Loeb revealed that his firm, Third Point LLC, with 64 million shares, including both direct share ownership and cash-settled swaps, was the largest owner of Sony. Dan Loeb has laid out several steps to unlock the hidden shareholder value, believing that the company has as much as a 60 more »
-
Activision Blizzard Hurt by Console Refresh
By Alexander Cho - May 15, 2013 | Tickers: ATVI, SNE, ZNGA
Activision Blizzard (NASDAQ: ATVI) reported a fairly strong quarter driven by the release of some blockbuster video gaming titles like StarCraft 2: Heart of the Swarm, Diablo 3, and Call of Duty Black Ops 2. The company’s release schedule in the first quarter led to the strong surge in revenue and net income.
Earnings highlights
The company reported earnings per share of $0.40 for the first quarter beating more »
-
Dan Loeb Wants to Make Sony Into Apple
By Salvatore "Sam" Mattera - May 15, 2013 | Tickers: AAPL, SNE, YHOO
For a long time, Apple’s (NASDAQ: AAPL) critics have warned that the iPhone-maker could one day become Sony (NYSE: SNE) -- a once innovative company turned into a lumbering, has-been maker of personal electronics.
If Dan Loeb gets his way, that comparison could go in the opposite direction. Loeb’s plan for the Japanese conglomerate would reorient Sony’s business -- making it much more akin to Apple.
What Loeb wants more »
-
Activists Are Back
By Federico Zaldua - May 14, 2013 | Tickers: AAPL, PG, SNE
Many great hedge fund investors are very well known for their activism. Through their relevant stakes in corporations, they push boards and management teams for changes within their companies. The final aim: extract more value for shareholders. All shareholders. Let's review three cases where activist investors ameliorate value for all shareholders through their actions.
Apple has finally agreed to open up its cash safety box
David Einhorn, the founder more »
-
Sony: Will Unlocking Entertainment Business Create Value?
By Jordan Wathen - May 14, 2013 | Tickers: EWJ, SNE, DXJ
Sony's in a world of trouble.It's electronics division is in a world of hurt, losing share to up and coming product lines from Samsung, which commands leadership in smartphones and flat panel TVs.
Sony (NYSE: SNE) has outperformed a general rising trend in Japanese equities over the last six months, as investors consider the valuable hidden assets which include Sony Entertainment's vast library. Here's Sony more »
-
Highly Predictable Profits Set to Continue
By James Catlin - May 14, 2013 | Tickers: HMC, EWJ, SNE, TM
On March 7 this year, I penned an article entitled "How Currency Exchange Rates Will Impact These Stocks." This outlined how currency exchange fluctuations impact economies, the new Japanese monetary policy, and the highly predictable results. For beginners, I highly encourage you to review that article. I advised readers to purchase major Japanese exporters based on my thesis.
That theses was and remains: Deliberate inflation policy (now at 2% annually more »
-
Yen Set to Weaken as G7 Avoids Currency Comments
By Richard Cox - May 14, 2013 | Tickers: FXY, SNE, TM
Markets took note of some glaring omissions after the G7 wrapped up its May meeting in Aylesbury, England. While the finance ministers of each of the seven member nations did address the need for banking reforms and tougher crackdowns on tax evasion, little was said in the way of currency issues. This came as a surprise to large sections of the market, as growing concerns that central bank activity is more »
-
Weak Yen Drives Sony’s First Profit in Years
By Daniel James - May 13, 2013 | Tickers: AAPL, SSNLF, SNE
One of the main news stories over the last few months has been the devaluation of the yen, which contributed greatly to the 40% surge in Japanese equities so far this year. This week, the dollar popped over 100 yen. A weak yen benefits Japanese exporters, as their products become cheaper abroad. Japanese electronics giant Sony (NYSE: SNE) has been struggling over the last few years, posting losses since 2009 more »
-
Difficulties for Next-Generation Gaming
By David Henry - May 13, 2013 | Tickers: ATVI, MSFT, NTDOY.PK, SNE
Over the last seven years, the video game industry has grown over 289%. Gaming consoles entered into mainstream consciousness with technology advances such as Nintendo’s (NASDAQOTH: NTDOY.PK) release of motion controls for the Wii console in 2006 and such blockbuster games such as Activision Blizzard’s (NASDAQ: ATVI) Call of Duty series that pulls in over $1 billion in revenue with each new reiteration.
The video game industry, according more »
- Page 1 of 14
- »