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Sony shares slump after losses
2013-02-08 10:34:23| BBC News | Business | UK Edition
Shares in the Japanese electronics maker Sony slump 10% as investors respond to the firm's latest results.
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Sony (SNE) Posts Quarterly Results
2013-02-07 15:18:40| Electronics - Topix.net
Sony released its earnings data on Thursday. The company reported earnings per share for the quarter.
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Sony sees revenue rise, losses decline as turnaround hopes gain
2013-02-07 15:14:22| CNET News.com
The company's revenue was up 6.9 percent during the fourth quarter of 2012, and its losses were down significantly. [Read more]
Struggling Sony slashes losses
2013-02-07 10:19:25| BBC News | Business | UK Edition
There are signs that Sony's recovery plan may be starting to pay dividends as the struggling electronics group cuts its quarterly losses.
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Sony reduces losses, quarterly sales rise 6.9%
2013-02-07 09:22:00| Telecompaper Headlines
(Telecompaper) Sony remained in the red in its fiscal third quarter, despite an increase in sales. The company's net loss for the three months to December narrowed to JPY 10.8 billion from JPY 159.0 billion a year earlier, while revenues rose 6.9 percent year-on-year to JPY 1.948 trillion. The operating result was a profit of JPY 46.4 billion, versus a loss of JPY 91.7 billion a year ago, due mainly to fewer one-time charges. At Sony Mobile, sales rose 94 percent to JPY 318.8 billion, after Sony bought out Ericsson's share of the company. On a pro forma basis, sales rose 10 percent, helped by higher sales volumes and selling prices for mobile phones, offset by weaker PC sales. The group sold a total 8.7 million smartphones, down slightly from 8.8 million in fiscal Q2. The division's operating loss narrowed to JPY 21.3 billion from JPY 48.4 billion, after a tax charge in the year-earlier period. Sony maintained its full-year outlook for a small increase in revenues, as the depreciation in the yen offsets a weaker outlook for its PC, gaming and consumer electronics businesses. With the pictures and financial services division doing better than expected, the company still expects a small net profit over the full year.
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