Google Inc. (GOOG) Android operating system for the tablets, Kunimasa Suzuki, Sony's head of personal computers, said in Tokyo today. The models, whose prices weren't disclosed, would go on sale in autumn, the company said in a statement.
Coinstar Inc. (CSTR) : SAC Capital Advisors LP reported a 6.5 percent passive stake in the operator of Redbox DVD vending machines. The hedge fund founded by billionaire money manager Steven A. Cohen has previously said that it owned 1.2 percent of Coinstar.
GM GM will use India as a nation to develop and market low-prices cars for that country and others in the region. Hedge funds and Goldman Sachs Group GS will compete for the balance of Lehman Bros's assets.
Southwest Air LUV- Southwest Airlines Co. regarded as a big cash cow, has reported meeting its breakeven for the first quarter and has increased 1.72 percent today, currently at $11.50 a share.
Netflix Inc. (NFLX) : The DVD-rental and streaming company forecast second-quarter earnings of no more than $1.15 a share, below the average analyst estimate of $1.18 a share in a Bloomberg survey.
Ford Motor (NYSE: F) and Johnson Control said parts shortages from Japan would hurt production. The Barnes & Noble BKS Nook added features to compete with tablets.
Sony SNE introduced its first tablet computers, following Samsung Electronics Co. and Motorola Mobility Holdings Inc. in their pursuit of Apple Inc., a year after the iPad spurred a surge in demand for the devices.
Federal authorities questioned the tracking ability of Apple AAPL iPhones and Google GOOG Android-powered handsets.
Emulex Corp. (ELX) : The chipmaker forecast fourth- quarter adjusted earnings of no more than 12 cents a share, trailing the average analyst estimate of 14 cents a share in a Bloomberg survey.
Procter & Gamble PG and Kimberly-Clark will raise prices on certain children's products to offset an increase in their costs.
Oracle ORCL- The world's top supplier of database software said Chief Financial Officer Jeff Epstein resigned. Co-President Safra Catz will add the additional duty of CFO, the company said, without giving a reason for the management changes.
Amazon's AMZN is expected to report Q1 earnings after the market close on Tuesday, April 26 with a conference call scheduled for 5 pm ET. Analysts are looking for EPS of 61c on revenue of $9.52B. The consensus range is 50c-79c for EPS, and $9.17B-$9.82B for revenue, according to First Call. In January, Amazon forecast Q1 revenue $9.1B-$9.9B on net operating income of $260M-$385M.
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