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BFW 10/31 06:27 MORE: Sony Cuts Forecasts on Weak Businesses, Maintains Yen View
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Sony Cuts Full-Year Forecasts After 1H Profits Miss Estimates 2013-10-31 06:03:55.365 GMT
By Kurt Schussler Oct. 31 (Bloomberg) -- Lowers full-year net income target 40% to 30b yen; est. 50.5b yen. * Decreases oper. profit forecast 26% to 170b yen; est. 220.8b yen (21 analysts) * Sales view down 2.5% to 7.7t yen; est. 7.64t yen * For 2Q ended Sept. 30: * Net loss 19.3b yen; est. 14.8b yen profit * Oper. profit 14.8b yen; est. 55.5b yen (7 analysts) * Sales 1.78t yen; est. 1.8t yen * Table of 1H results, FY forecasts
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To contact the editor responsible for this story: Kurt Schussler at +81-3-3201-2089 or kschussler1@bloomberg.net