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MAY 22, 2013 - TheStreet

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TheDeal: Sony Slips as Loeb Turns Up Pressure

NEW YORK (TheDeal) -- Japan's Sony said Wednesday it would review a proposal from shareholder Third Point LLC to list part of its entertainment unit to free up cash to support its unhealthy electronics businesses. "The proposal is one that affects a main component of Sony's business and our management's strategy so the Sony board will give it thorough consideration ...

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MAY 22, 2013 - Benzinga

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Here Are 14 Yearbook Photos of Business Big Shots

When we think of the business titans of our age, we often associate their likeness with private jets, cash flows in the millions, intense board room meetings and bold leadership. Yet, the humble beginnings of the CEOs, co-founders and chairmen of some of America's top companies are often overlooked. Benzinga compiled a collection of high school yearbook photos from some ...

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MAY 22, 2013 - TheStreet

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How Dan Loeb's Sony Split Mirrors Yahoo! Rebirth

NEW YORK (TheStreet) -- Yahoo! and Sony occupy altogether different corners of the technology world, however, Daniel Loeb, a top shareholder, may be using a similar playbook in his attempts to revive both tech pioneers. In activist efforts, Loeb of Third Point Capital is banking on the value of some publicly traded businesses owned by Yahoo! and Sony to support ...

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MAY 22, 2013 - Reuters

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Sony entertains change over spin-off idea

May.22 - Sony’s board says it will assess a proposal from major shareholder Daniel Loeb to sell up to a fifth of the group’s money-making entertainment arm. It’s a radical idea for corporate Japan where change doesn’t come easy. Hayley Platt reports.

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MAY 22, 2013 - Business Insider

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10 Things You Need To Know This Morning

Good morning. Here's what you need to know. Markets in Asia were mixed in overnight trading. The Japanese Nikkei rose 1.6%, but the Hong Kong Hang Seng fell 0.5% and the Shanghai Composite retreated 0.1%. European markets are in the red across the board, with Spain down 0.9%. In the United States, futures point to a positive open. Beginning at ...

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