Third Point's Dan Loeb has upped his stake in Sony. Is the stock now a buy? Richard Ross, Auerbach, says the stock makes a compelling buy, and Steve Cortes, Veracruz, thinks there are problems for Sony.
TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman. Full story
"Man of Steel" went up, up and away at the box office. Full story
New gaming consoles unveiled at the industry's E3 event show one clear winner in the battle between Microsoft and Sony, Michael Pachter of Wedbush Securities says.
How to play the console battle between Microsoft and Sony, with Richard Ross, Auerbach Grayson, and Steve Cortes, Veracruz TJM.
Jack Tretton, Sony Computer Entertainment America president & CEO, discusses the company's next generation gaming experience.
Sony showed off the PlayStation 4 starting at $399 with a host of games that don't require you to be online all the time earning them cheers at their E3 press event. Todd Kenreck reports.
Paul Richards, UBS, explains why Japan's recent moves are corrective. And, Jon Fortt reports Sony is considering but not committing Loeb's proposal to sell its entertainment unit.
A man playing the role of the character Kratos of the Sony game, God of War, walks the exhibit floor at E3, the Electronic Entertainment Expo, in Los Angeles, California, June 12, 2013. REUTERS/David McNew (UNITED STATES - Tags: SCIENCE TECHNOLOGY BUSINESS)
A man plays the role of the character Kratos of the Sony game, God of War, on the exhibit floor at E3, the Electronic Entertainment Expo, in Los Angeles, California, June 12, 2013. REUTERS/David McNew (UNITED STATES - Tags: SCIENCE TECHNOLOGY BUSINESS)
Sony Computer Entertainment president and CEO Andrew House introduces the new PlayStation 4 at the Sony PlayStation E3 media briefing in Los Angeles, Monday, June 10, 2013. Sony is giving gamers their first look at the PlayStation 4 and it's a rectangular black box, just like all the previous PlaySt
Audience members watch a demonstration titled "Batman: Arkham Origins" at the Sony news conference show on the eve of the opening of Electronic Entertainment Expo , in Los Angeles, California, June 10, 2013. Picture taken June 10, 2013. REUTERS/David McNew (UNITED STATES - Tags: SCIENCE TECHNOLOG