On Air Now

Listen

Listen Live Now » 95.5 FM Wausau, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
63° Feels Like: 63°
Wind: SSW 6 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Scattered Thunderstorms 72°

Tonight

Scattered Thunderstorms 65°

Tomorrow

Mostly Sunny 84°

Alerts

Sony shares hit two-year high on report of spin-off proposal

The logo of Sony Corp. is seen at an electronics store in Tokyo May 9, 2013. REUTERS/Toru Hanai
The logo of Sony Corp. is seen at an electronics store in Tokyo May 9, 2013. REUTERS/Toru Hanai

TOKYO (Reuters) - Shares of Sony Corp <6758.T> rose 6.3 percent to 2,300 yen, a two-year high, on Wednesday after the Nikkei newspaper reported Sony is considering evaluating a proposal from top shareholder Third Point LLC to spin off its movie and music business.

(Reporting by Dominic Lau; Editing by Paul Tait)

Comments