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TSX:6758 News 21 January 2026

Sony hands Bravia TV control to TCL in 51-49 joint venture plan — here’s what happens next

Sony hands Bravia TV control to TCL in 51-49 joint venture plan — here’s what happens next

TOKYO, January 22, 2026, 05:19 JST Japan’s Sony Corp and China’s TCL Electronics Holdings Ltd have inked a memorandum of understanding — a non-binding first step — to form a joint venture that will take over Sony’s home entertainment business, including BRAVIA TVs, the companies announced. TCL would own 51% of the joint venture, with Sony holding 49%. They aim…
21 January 2026
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Stock Market Today

  • EDU Holdings Shares Up 586% Over 1 Year Despite Recent 11% Pullback
    January 21, 2026, 6:53 PM EST. EDU Holdings Limited (ASX:EDU) shares have fallen 11% in the past month, wiping AU$13 million off its market cap. However, the stock remains up a remarkable 586% total shareholder return (TSR) over the last year, including dividends. This surge follows a transition from loss to profit, with revenue soaring 121% year-on-year. Significant insider buying in the last quarter signals confidence from within the company. While short-term dips may cause concern, EDU's long-term fundamentals show strong growth and profitability improvements. The recent decline is seen as a normal retracement after a spectacular rally. Investors should weigh earnings trends and dividend yields as key indicators moving forward.
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