Hedge fund Third Point calls on Sony to spin off businesses [Reuters (UK)]
SONY CORP (SNE)
Last sony corp earnings: 10/31 04:02 pm
Check Earnings Report
US:NYSE Investor Relations:
sony.net/sonyinfo/ir
Company Research
Source: Reuters
Hedge fund Third Point calls on Sony to spin off businesses - Reuters 1 Min Read (Reuters) - Daniel Loeb’s activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its entertainment and semiconductors businesses into separate companies, the second time in six years it has targeted the Japanese electronics maker. Sony should also consider selling its stakes in Sony Financial Holdings Inc, M3 Inc, Olympus Corp and Spotify Technology SA, Third Point said in a public letter to investors. Sony did not immediately respond to a request for comment. Reporting by Svea Herbst-Bayliss in New York; Editing by Sandra Maler All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved.
Show less
Read more
Impact Snapshot
Event Time:
SNE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNE alerts
High impacting SONY CORP news events
Weekly update
A roundup of the hottest topics