SNE - Sony Corporation
46.62 -0.44 (-0.93%)
Pre-Market: 5:46AM EDT
| Previous Close | 48.39 |
| Open | 47.89 |
| Bid | 46.34 x 800 |
| Ask | 46.62 x 1400 |
| Day's Range | 47.02 - 47.89 |
| 52 Week Range | 35.67 - 53.91 |
| Volume | 1,047,508 |
| Avg. Volume | 1,236,467 |
| Market Cap | 59.856B |
| Beta | 1.71 |
| PE Ratio (TTM) | 12.14 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.20 (0.40%) |
| Ex-Dividend Date | 2017-09-28 |
| 1y Target Est | N/A |
Yahoo Finance•18 hours agoSony shares dip, Kohl's shares under pressure and Anheuser-Busch shares rebound
Let’s check out the Yahoo Finance charts of the day.
Reuters Videos•22 hours agoEMI deal makes Sony world's biggest music publisher
Sony Corp has said it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming services. Matthew Larotonda reports
- CNBC Videos•yesterday
Sony's EMI deal is part of its 'journey' into more conten...
Ray Wang of Constellation Research says the content piece is "very important" for businesses in the music services space.
- The Wall Street Journal•2 hours ago
[$$] Next PlayStation Is Three Years Off, Sony Says
TOKYO—Don’t hold your breath for the fifth-generation PlayStation. Corp. wants to spend three more years readying its next videogame move, the head of the PlayStation business said Wednesday. The PlayStation 4 went on sale in 2013 and has sold more than 79 million units.
- Zacks•14 hours ago
Sony (SNE) Plans to Acquire EMI Music Publishing for $2.3B
Sony (SNE) to buy controlling stake in EMI Music Publishing to strengthen entertainment content assets.
- Reuters•18 hours ago
Sony in $2.3 billion deal for EMI, becomes world's biggest music publisher
Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's largest music publisher in an industry that has found new life on the back of streaming services. The acquisition is the biggest strategic move yet by new CEO Kenichiro Yoshida and gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia. The deal is part of Yoshida's mission to make revenue streams more stable with rights to entertainment content - a strategy that follows a major revamp by his predecessor which shifted Sony's focus away from low-margin consumer electronics.
InvestorPlace•19 hours agoGame On: 3 Reasons to Buy Nintendo Ltd/ADR Stock Right Now
No one was expecting the Switch to be as wildly successful as it has. While NTDOY stock is already up a quick 16% so far in 2018, Nintendo stock has traded sideways since mid-January. Could that change going forward and is NTDOY stock actually a screaming-good buy right here?
- American City Business Journals•19 hours ago
Sony's big EMI deal grows catalog to 4.5 million songs
By acquiring EMI's catalog, Sony gets more than 2 million songs from legends like Frank Sinatra and David Bowie.
- Investopedia•19 hours ago
Sony Acquires Stake in EMI Music for $2.3B
Japanese tech giant Sony Corp. ( SNE) has agreed to buy a 60% stake in EMI Music Publishing, which owns rights to or administers over 2 million songs by artists like Kanye West, Alicia Keys, Queen, Frank Sinatra and David Bowie. Sony will pay total cash consideration of about $2.3 billion and will assume EMI Music Publishing's gross debt, which was roughly $1.36 billion at the end of March, buying out a group of investors led by the U.A.E. sovereign wealth fund Mubadala. In 2012, Mubdala, Sony and the estate of Michael Jackson were part of a group that acquired EMI Music Publishing from Citigroup Inc. ( C), for $2.2 billion.
- Fortune•20 hours ago
Uber Is Moving Into Japan One Small Step at a Time
Uber just got approved for its first taxi-hailing pilot service in the country.
- Fortune•21 hours ago
Sony Lays the Early Groundwork for PlayStation 5’s Introduction
PS4 enters the end of its lifecycle.
- Zacks•22 hours ago
Has Sony (SNE) Outpaced Other Consumer Discretionary Stocks This Year?
Is Sony (SNE) Outperforming Other Consumer Discretionary Stocks This Year?
- Financial Times•23 hours ago
[$$] Sony to buy majority stake in EMI Music Publishing for $2.3bn
Sony has agreed to buy a controlling stake in EMI Music Publishing for $2.3bn, a move the Japanese company said would strengthen its content portfolio. The statement said Mubadala Investment Company said in a statement released alongside Sony’s that it had signed a binding memorandum of understanding to sell its equity interest of about 60 per cent in EMI to Sony Corporation of America “based on an enterprise value of $4.75bn”, leaving Sony with approximately 90 per cent of equity interest in the publisher, which would then become a consolidated subsidiary.
- Zacks•yesterday
The Zacks Analyst Blog Highlights: Western Digital, Magna International, Nucor, Sony and Caterpillar
The Zacks Analyst Blog Highlights: Western Digital, Magna International, Nucor, Sony and Caterpillar
- TheStreet.com•yesterday
Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know
U.S. stock futures pointed higher on Tuesday, May 22, and global stocks rose as investors reacted to a significant move on trade tariffs from China. China's Finance Ministry said Tuesday that it would slash import tariffs on automobiles into the world's biggest car market in what could be the most significant step by officials in Beijing to placate demands made by Donald Trump to trim the country's multi-billion trade surplus with the U.S. The decision, while expected, comes after Washington and Beijing declared a near-term truce in the brewing dispute over tariffs and access to markets in the world's two biggest economies.
- Evening Standard•yesterday
Sony cashes in on music revival with £2 billion swoop on EMI
Sony on Tuesday swooped to take control of EMI Music Publishing in a £1.7 billion deal which will give it rights to more than two million songs, from The Beatles to “Over the Rainbow” and Pharrell Williams’ hits. Sony’s move comes as music streaming is sparking a “resurgence” in the music business and an increase in the value of back catalogues from artists. The deal will make Sony the largest music publisher in the world as the Japanese entertainment and electronics giant raises its stake in EMI from 30% to 90% by buying the holding of the UAE’s Mubadala Investment Company, its partner in EMI for the past six years.
Reuters•yesterdaySony in $2.3 billion deal for EMI, becomes world's biggest music publisher
Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's largest music publisher in an industry that has found new life on the back of streaming services. The acquisition is the biggest strategic move yet by new CEO Kenichiro Yoshida and gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia. The deal is part of Yoshida's mission to make revenue streams more stable with rights to entertainment content - a strategy that follows a major revamp by his predecessor which shifted Sony's focus away from low-margin consumer electronics.
- The Independent•yesterday
Corporate money Crazy in Love with Music again as Sony EMI deal shows
The purchase price is listed at $2.3bn (£1.7bn) but it is also assuming $1.4bn of debt, which gives EMI MP an “enterprise value” of $4.75bn including the 30 per cent Sony already owns and the 10 per cent retained by the Jackson family estate. The inflation in its value is a mark of spectacular revival of the music business that has been driven by subscription based streaming services such as Spotify and Apple Music. Sony bought in alongside a consortium led by Abu Dhabi’s Mubadala Investment Company in that transaction.
Associated Press•yesterdaySony buys most of EMI Music, to spend $9B on image sensors
TOKYO (AP) — Electronics and entertainment company Sony Corp. said Tuesday it plans to spend $2.3 billion acquiring an additional 60 percent stake in EMI Music Publishing, home to the Motown catalog and contemporary artists like Kanye West, Alicia Keys and Pharrell Williams.
- Financial Times•yesterday
[$$] Sony’s $2.3bn EMI Music deal signals shift to spending mode
annual profit. Including debt, the $3.7bn transaction is also the second-largest overseas acquisition for the company since it spent $4.8bn to buy Columbia Pictures in 1989. In outlining the company’s three-year business plan, Mr Yoshida on Tuesday stressed the company would focus on sustaining steady profits through subscription model businesses that offered recurring revenue, instead of just selling a Bravia television or a PlayStation gaming console.
- The Wall Street Journal•yesterday
[$$] Sony to Buy Mubadala’s Stake in EMI Music Publishing
Sony expects to pay total cash consideration of about $2.3 billion and will assume EMI Music Publishing’s gross debt, which was about $1.36 billion at March 31. In 2012, Mubadala, Sony and the estate of Michael Jackson were part of a group that bought EMI Music Publishing from Citigroup Inc. for about $2.2 billion.
- Bloomberg•yesterday
Sony's New CEO Wants to Be Heard. Loud
A buyout of EMI Music Publishing makes a clear statement.
- Bloomberg•yesterday
Sony's New CEO Sets Low Bar With Conservative Mid-Term Targets
Sony Corp., once known for pushing the boundaries of technology, is starting to look a little bit boring under Kenichiro Yoshida. The new chief executive officer’s reputation as a stoic numbers guy was demonstrated on Tuesday when he unveiled mid-term targets for the first time as chief executive officer, predicting conservative profit growth across most divisions over the next three years as the company focuses more on content and services. The strategy announcement echoed results issued less than a month ago, when Yoshida gave an outlook for the current year that set a low bar and jolted investors.
