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Sony shares decline

Sony Corp shares fell as much as 3.3 percent after the Nihon Keizai newspaper said the world's second-largest consumer-electronics maker probably had a fiscal first-quarter operating loss. Tokyo-based Sony's shares fell as much as Japanese yen 210 on Japanese stock exchanges to 6,160, compared with a 0.5 percent decline for the Nikkei 225 stock average. About 4.5 billion yen of Sony shares traded in the early morning session, making them the second-most active by value. The maker of the PlayStation video-game console probably had an operating loss of Japan yen 5 billion (US$41.8 million) in the three months ended yesterday because of weak demand for its Vaio PCs and chip-related products.

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