MORE WORLD NEWS

Leader of Hamas military wing rules out quick cease-fire
Heavy gunfire in Libyan capital
Task force set up after plane shot down
Argentina fights with debt holdouts; default nears
Heaviest-yet Israeli bombardment kills at least 100, knocks out power plant
Investigators still can't reach plane site
Canada: Chinese hackers infiltrated government org
Officials blame Colombia power outage on rebels
Official: Venezuela tried to pressure Aruba
Activists: Syrian rebels detonate tunnels, kill 13
London's iconic Gherkin building put up for sale
Lavrov and Kerry talk about Cold war-era arms deal
Nigerian militants bomb bridge, killing 8 people
Anti-Semitic graffiti appears in Rome amid turmoil
Myanmar information and health ministers step down
China reports deadly attack in northwest
Elegant Louvre Garden in Paris infested with rats
Hamas spokesman denies group is proposing cease-fire
Top Sierra Leone doctor dies of Ebola
Burundi on edge amid rise of violent youth group
Gaza official: At least 100 killed today in Gaza
Hungary's opposition asks EU to protect democracy
Fighter jet crashes in restive eastern Libyan city
Turkish PM Erdogan returning Jewish American award
Quake shakes Mexico's Gulf coast
China investigating Microsoft in monopoly case
Airport in Russia's St. Petersburg evacuated
Renault profits rise thanks to cost cuts
German minister: best for Snowden to return to US
Pope to visit Sri Lanka, Philippines Jan. 12-19



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JAPAN-SONY
Sony shareholders back CEO, directors promising revival despite continuing losses

Reported by: Associated Press
Reported: Wednesday, June 18, 2014 11:49 PM EDT
TOKYO


Sony shareholders are backing Chief Executive Kazuo Hirai and other top executives despite some heckling about the Japanese electronics and entertainment company's continuing losses.

They voted at Sony Corp.'s annual shareholders' meeting held at a Tokyo hotel Thursday. Most votes from institutional investors had been submitted in advance. Attendance totaled 4,662 people, fewer than half for last year.

Some investors got up to ask how Sony had lost its past glory, unable to deliver on exciting products like the original 1979 Walkman portable player.

Hirai, who took the helm in 2012, promised that "the money-losing structure" will be changed this fiscal year, once and for all.

Sony has lost money in six of the seven past years, and is forecasting more red ink for the fiscal year through March 2015.










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