Monthly Archives:  November 2012

  • Netflix Adopts Poison Pill to Stop Icahn From Buying More

    Full Story | 5th November 2012
    Netflix Inc., the world’s largest subscription video service, adopted a so-called poison pill to protect against a hostile takeover after billionaire investor Carl Icahn acquired an almost 10 percent stake in the company.The stockholder rights .
  • Sony Posts 7th Straight Loss as TV Sales Slump on Economy

    Full Story | 1st November 2012
    Sony Corp., Japan’s biggest consumer- electronics exporter, unexpectedly posted its seventh straight quarterly loss on falling demand as consumers flock to Apple Inc. and Samsung Electronics Co. devices.The second-quarter net loss totaled 15.5 billion yen .