IBD Tech Report: May 14, 2009 issue - Email from Investor's Business Daily

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May. 14, 2009 Issue: Internet & Technology | Tech Q&A | Tech Screen of the Day | Tech Archives

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DigitalGlobe IPO Gets Solid Liftoff

Satellite imaging company DigitalGlobe launched at a steep trajectory Thursday, rising more than 13% from its $19-a-share offering price to close...

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		Legal Win Boosts Rambus Stock

Sony suffers $1 bil annual loss

It was the Japanese consumer electronics and entertainment giant's first fiscal-year loss in 14 years, including $1.72 bil in Q4, though that was better than the company expected. Sony's (SNE) annual sales fell 12.9% to $78.8 bil. Sony continued to lose money in its games division, but TV prices held up better than expected. Sony said it will close 3 plants. It's already cutting 16,000 workers. It expects a $1.2 bil loss for the fiscal year through March 2010. Sony shares rose 1.6% to 26.26.

More Stories

		Consumer Electronics

		Hardware/Software

		Internet

		Telecom


	Sector Spotlight: Telecom


Symbol	Company	Composite Rating	EPS Rating


STAR	Starent Networks Corp	99	99


TKLC	Tekelec	95	89


EQ	Embarq Corp	84	66

	See More Stocks	About This Screen

Data as of May 14, 2009 Market Close

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