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Sony shares up as Stringer takes control

March 1, 2009 – 11:23 pm – No Comment

Sony made the announcement that CEO Howard Stringer would be doing double duty for the company and become the president of Sony, taking current president Ryoji Chubachi’s place.
Chubachi will become vice chairman.
Shares of Sony rose 1.3%. Nikko Citigroup even raised Sony’s rating from “buy/high risk” …