Howard Stringer

Sony expected to report lower earnings

TOKYO - OVERVIEW: Like other major Japanese exporters, Sony is seeing sales battered as worried consumers in the U.S. and Europe curtailed shopping for flat-panel TVs, digital cameras and other gadgets amid looming financial...

Sony still on offensive in tough times

Sony chairperson Howard Stringer said on Monday the electronics giant was keeping up its long-term global ambitions despite taking a "very, very strong" hit in the global financial crisis. The iconic Japanese firm last week...

Sony boss eyes cost cuts to counter profit slide

TOKYO - Sony Corp chief executive Howard Stringer said the electronics maker needs to cut fixed costs to weather a downturn in demand and a surge in the yen that forced it to slash its profit forecasts last week.

Sony looking to cut costs to counter profit slide

Oct 27, 2008

Sony Corp. chief executive Howard Stringer said Monday the electronics maker needs to cut its fixed costs to weather a surge in the yen that forced it to slash its profit forecasts last week. "We are selling a lot of television...

Sony CEO eyes cost cuts to counter profit slide

By Nathan Layne and Kiyoshi Takenaka TOKYO – Sony Corp Chief Executive Howard Stringer said the electronics maker needs to cut fixed costs to weather a downturn in demand and a surge in the yen that forced it to slash its...

Sony looking to cut costs to counter profit slide

Sony Corp. chief executive Howard Stringer said Monday the electronics maker needs to cut its fixed costs to weather a surge in the yen that forced it to slash its profit forecasts last week. "We are...

Sony expected to report lower earnings

Oct 27, 2008

Japanese electronics and entertainment company Sony Corp. reports second quarter earnings on Wednesday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: Like other major...

Sony CEO eyes cost cuts to counter profit slide

Sony Corp. Chief Executive Howard Stringer said the electronics maker needs to cut fixed costs to weather a downturn in demand and a surge in the yen that forced it to slash its profit forecasts last week.

Sony Shock Déjà vu?

Shock déjà vu? Sony's profit warning less than 24 hours earlier triggered a dramatic sell-off in Japanese stocks on Oct. 24. The market bloodletting could have been worse: The Nikkei index wasn't far from a new 26-year low....

Sony eyes cost cuts to counter profit slide

NATHAN LAYNE AND KIYOSHI TAKENAKA TOKYO — — Sony Corp. Chief Executive Howard Stringer said the electronics maker needs to cut fixed costs to weather a downturn in demand and a surge in the yen that forced it to slash its...