Sony Falls Most in Eight Months on Full-Year Loss Forecast
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Sony Corp., Japan’s largest exporter of consumer electronics, fell the most in almost eight months in Tokyo trading after forecasting a full-year loss because of a strong yen, waning TV sales and flooding in Thailand.
Sony declined 7.9 percent, the biggest drop since March 15, to 1,400 yen at the close of trading today. The benchmark Nikkei 225 Stock Average gained 1.9 percent. Markets were closed yesterday for a holiday.