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Sony 's (NYSE: SNE) stock recently dipped after Japan revealed that its GDP fell 6.3% in the final quarter of 2019, marking its steepest drop in five years. The decline was attributed to a sales tax hike, a destructive typhoon, and sluggish trade. Japan's GDP is expected to contract aga...
This article was highlighted for PRO+ subscribers, Seeking Alpha's service for professional investors. Find out how you can get the best content on Seeking Alpha here . ( Pexels ) On Sunday, Japan announced that its economy shrunk at a staggering annualized pace of 6.3% of Q4 of 2019 ...
The Offshore Fund at Dan Loeb's Third Point LLC returned 3.9% in Q4, and 17.1% for 2019 vs. 31.5% for the S&P 500. Since inception in 1996 Third Point Offshore has returned a net annualized 14.5% vs. 8.5% for the S&P. More news on: Sony Corporation, Campbell Soup Company, , Cons...
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Sonic the Hedgehog beat expectations over Presidents Day Weekend and delivered the best-ever box-office debut for a video game adaptation. The Paramount Pictures film, a division of ViacomCBS (NASDAQ: VIAC) (NASDAQ: VIACA) , managed $57 million in opening-weekend ticket sales dom...
New Jersey just set a record for sports betting for the month of January with $540.1 million wagered, while sportsbooks saw their revenue rise nearly threefold to $54 million for the month. While the NFL's Super Bowl championship game played on Feb. 2 undoubtedly had a lot to do with the a...
This article is part of a series that provides an ongoing analysis of the changes made to Dan Loeb’s 13F stock portfolio on a quarterly basis. It is based on Third Point’s regulatory 13F Form filed on 02/13/2020. Please visit our Tracking Dan Loeb’s Third Point Portfoli...
Among media moves made by Dan Loeb and his Third Point in Q4 were securing a $115M stake in ViacomCBS ( VIAC -1.2% , VIACA -1% ) - the media giant that came into being with the Dec. 4 re-merger of Viacom and CBS. More news on: ViacomCBS Inc., ViacomCBS Inc., Fox Corporation, Tech ...
Videogame sales declined year-over-year for the sixth straight month in January, with drops in software and accessory sales joining the now-regular drop in hardware. More news on: Nintendo Co., Ltd., Microsoft Corporation, Bandai Namco Holdings, Inc. ADR, Tech stocks news, News on ETFs, ...
Not so long ago, would-be cord-cutters faced a tough choice: There was no streaming alternative to cable or satellite. It was the pricey bundle with a long-term contract or nothing at all. But the streaming revolution was approaching, and satellite provider DISH Network (NASDAQ: DISH) chose...
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JASM Set to Expand in Kumamoto Japan HSINCHU, Taiwan, R.O.C., Feb 7, 2024 - (JCN Newswire) - TSMC (TWSE: 2330, NYSE: TSM), Sony Semiconductor Solutions Corporation ("SSS"), DENSO Corporation ("DENSO") and Toyota Motor Corporation ("Toyota") announced further investment into Japan Ad...