How's this for a teaser? A
Journal email news alert for a "Heard on the Street" piece steals James Simms' lede: "Sony's executives might want to think of other jobs
that match their skill set: Promising the sky and failing to deliver." It turns out that the company cut its full-year earnings forecast for the second time this year.
Japan's Nikkei was down more than 9% following the announcement, and the banter on my local news radio station this morning partially blamed negative trading in futures on Sony's poor results.
We are grateful we are not bobbing and weaving in the investor relations business as we head into a glorious autumnal weekend (aren't they all, economy be damned?). Enjoy!
advertisement
advertisement
Read the whole story at The Wall Street Journal »