After another tough quarter, Sony has downgraded its annual forecast to a $2.9 billion loss
Howard Stringer will remain chairman of the board
Ann Morfogen, chief communications officer at Sony Corporation of America and top adviser to Chairman Sir Howard Stringer, will be stepping down after 16 years
Movie marketing goes under the microscope, while “Red Dawn” isn’t ready to come up quite yet
Shareholders approve management reshuffle in hopes of stemming the company's losses.
Hard hit was the electronics segment, which saw a steep 17 percent drop.