ADVFN - Advanced Financial Network.
HOME» NYSE » S » SNE Stock Price » SNE Stock News

Sony Share News

 Sony Corp Stock Price
SNE Stock Price
 Sony Corp Stock Chart
SNE Stock Chart
 Sony Corp Stock News
SNE Stock News
 Sony Corp Company Information
SNE Company Information
 Sony Corp Stock Trades
SNE Stock Trades

ASIA MARKETS: Japan Earnings, China Data On Tap For Asia

By Michael Kitchen, MarketWatch LOS ANGELES (MarketWatch) -- Key Japanese earnings and Chinese manufacturing data will likely be key to trading action in Asia in the coming week. With Japan's earnings season in full swing, a number of closely watched blue chips are due to announce interim results. Honda Motor Co. (HMC) and Panasonic Corp. (PC) are slated for Monday, Hitachi Ltd. (HIT) results are due Tuesday, and Sony Corp. (SNE) and Nissan Motor Co. (NSANY) are set to announce on Wednesday. Many of these firms have seen their production -- just recovering from March's catastrophic earthquake and tsunami -- hit by flooding in Thailand, shutting their plants or those of their suppliers. Sony, for instance, said earlier this month that it would delay the launch of new digital cameras due to Thailand-related production issues, while Honda has seen the disaster shut production lines in the Southeast Asian country. Analysts will be watching closely for these companies' earnings outlooks and any effect from the Thai situation, as well as from a persistently strong Japanese yen that has eaten into overseas profit. The U.S. dollar has fallen to around the  ¥76 level, down from around  ¥81 this time a year ago. The earnings themselves may show some of the lingering post-quake production issues from early in the quarter. Honda, for instance, is expected to post a 61% drop in second-quarter profit, according to the median forecast from a Reuters survey. Meanwhile, a pair of key surveys of China's manufacturing sector are scheduled for release Tuesday, and are expected to show an improvement from the previous month. Last week, HSBC released the preliminary results of its China Manufacturing Purchasing Managers' Index, which showed a return to growth. The so-called "flash" results, based on the initial 85% to 90% of responses to the survey, yielded a reading of 51.1, up from September's 49.9 result and above the 50 level that separates overall expansion from contraction. The coming week will see the release of the full HSBC survey, along with a government-sponsored version from the China Federation of Logistics & Purchasing, which tends to be more weighted towards larger companies. Chinese stocks in particular tend to react significantly to the survey results, which also include sub-component indexes on input and output prices that will be closely watched for clues to whether the central bank will ease policy in the near term. Meanwhile, Australia's central bank will also be in focus, with a policy decision due out Tuesday. With third-quarter consumer inflation coming in at relatively mild levels, speculation has grown that the Reserve Bank of Australia will trim interest rates. Also due out from Down Under in the coming week are Australian retail sales for September, slated for Thursday, and earnings from Westpac Banking Corp. (WBK).

Stock News for Sony (SNE)
DateTimeHeadline
10/08/201402:03:37Dalian Wanda Plans Fund to Lure Movie Business to China
10/01/201400:00:23SoftBank to Sell Sony Flagship Phone
09/12/201410:24:32ASIA MARKETS: Japan Stocks Gain For Fifth Day As Yen Falls Further
08/22/201416:27:06TECH STOCKS: Salesforce, GameStop Lead Tech Stocks
08/15/201406:00:25ASIA MARKETS: China Mobile Leads Hong Kong To Highest Close In...
08/06/201406:49:49ASIA MARKETS: Japan Stocks Log Five-day Losing Streak
07/01/201405:37:05ASIA MARKETS: Japan Stocks Climb To One-week High On Rising China...
05/22/201408:50:08Sony CEO Promises Turnaround to Bear Fruit Soon
05/15/201417:10:12Point72 Bets on BlackBerry and Booz Allen
05/15/201416:54:14Point72, Formerly SAC Capital, Bets on BlackBerry and Booz Allen
05/06/201418:07:51Electronic Arts Profit Grows 14%, Plans Share Buyback
05/02/201406:09:14ASIA MARKETS: Asia Stocks Mostly Higher Ahead Of U.S. Jobs Report
05/01/201406:57:48ASIA MARKETS: Asian Shares Mixed, With Japan Up On Earnings
04/21/201417:30:16Netflix Sees Raising U.S. Prices
04/04/201413:10:05Intertrust Settles Patent Suit Against Apple
03/27/201416:28:16TECH STOCKS: GameStop, King Digital Among Tech Decliners
03/18/201419:36:17Sony Pictures to Cut 216 Jobs
02/20/201418:10:32Time Inc. Invests in New Online Sports Network
01/29/201411:34:24TECH STOCKS: Yahoo's Weak Results Drag On Tech Stocks
01/28/201417:10:09Electronic Arts Reports Revenue Decline

Sony and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad