“Live Nation sure made it hard to find the good news in its 3Q report. The basic data looks terrible: It had net income from continuing operations of $63M, down 3.1% from last year’s 3Q, on revenues of $1.79B, down 2.5%. The revenue figure was far less than the $1.91B that analysts expected. And the continuing operations delivered 27 cents …
Sony Pictures Swings To Profit In 2Q While Parent Company Forecasts $1.2B FY Loss
“Sony delivered a gloomy report as it reeled from problems that ranged from surprisingly low sales of TV sets to floods in Thailand. For the quarter that ended in September, the fiscal 2Q, Sony had a net loss of $350M on sales of $20.5B. But it also slashed its projection for fiscal-year results to a $1.2B loss from a $769M …