Sony Tumbles After Bond Offer
Sony Corp., the Japanese electronics maker reeling from four consecutive annual losses, fell to the lowest level in more than 32 years in Tokyo trading after offering its first convertible bonds in almost a decade.
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Full Show: Bloomberg Daybreak: Americas (02/21)
53:39 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Paul Richards, president at Medley Global Advisors, Jim O'Sullivan, chief U.S. economist at High Frequency Economics, Harvard Kennedy School Professor Nicholas Burns, Ellen Zentner, chief U.S. economist at Morgan Stanley, Jeffrey Schott, senior fellow at Peterson Institute for International Economics, Yale University Professor Robert Shiller, and Andrew Mackenzie, chief executive officer at BHP Billiton. (Source: Bloomberg)