Hedge fund Third Point sells most of its shares in Sony: Nikkei By Reuters

Hedge fund Third Point sells most of its shares in


© Reuters. Journalists wait for Sony Corp’s new President and Chief Executive Officer Kenichiro Yoshida’s news conference on the company’s business plan at Sony’s headquarters in Tokyo

TOKYO (Reuters) – Hedge fund Third Point (NYSE:), which had been pressing Sony Corp (T:) to make changes including selling non-core assets, has sold most of its shares in the Japanese electronics company, the business daily reported.

Third Point held less than 10,000 shares in Sony (NYSE:) as of the end of June compared with 670,000 at end-March, the Japanese daily said, citing U.S. regulatory documents.

Third Point had held 1.5 million shares at the end of December, the paper said.

A Sony representative said the company would not comment on individual shareholders.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *


About us

InvestLab is a financial services technology company focused on the global trading market. Founded in 2010 in Hong Kong, the company develops trading, market data, and social research products that enable individual investors and small to mid-size brokers to access global markets. We provide brokers and financial institutions cross border capabilities for retail investors into 43 markets globally.


CONTACT US

CALL US ANYTIME