Game lovers will love to know that for the first time YouTube Sharing will be included in their video gaming console while using Sony Corp (ADR) (NYSE:SNE)consoles. The functionality will be made available later in the year by the help of an app specifically designed for the same. Sony Corp (ADR) (NYSE:SNE) has for some time been grappling with increased competition from Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co Ltd. The company is now trying to stand against one more tech giant by bringing PS4 to the market. Sony is designing the gaming console, in a way, that it will be a force to reckon with, in terms of entertainment for buyers. Sony Corp (ADR) (NYSE:SNE) net profit margin is -1.70% and weekly performance is 0.75%. On last trading day company shares ended up $16.22. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -6.73%.
Canon Inc. (ADR) (NYSE:CAJ) has acquired Denmark-based video surveillance software company Milestone Systems. The terms of the deal were undisclosed. Founded in 1998, Milestone raised $25 million in funding from Index Ventures. Canon Inc. (ADR) (NYSE:CAJ) shares advanced 0.82% in last trading session and ended the day on $33.28. Gross Margin is 48.70% and its return on assets is 5.80%. Canon Inc. (ADR) (NYSE:CAJ) quarterly performance is 11.83%.
On June 10, Alcatel Lucent SA (ADR) (NYSE:ALU) appointed Roberto Loiola to lead its Italian unit, hiring the executive who worked at competitor Huawei Technologies Co. (002502) to help boost sales of network equipment to European phone companies. Alcatel Lucent SA (ADR) (NYSE:ALU) shares moved down -2.07% in last trading session and was closed at $3.79, while trading in range of $3.79 – $3.86. Alcatel Lucent SA (ADR) (NYSE:ALU) year to date (YTD) performance is -13.86%.
Micron Technology, Inc. (NASDAQ:MU) was upgraded by investment analysts at Bank of America from an “underperform” rating to a “buy” rating in a note issued to investors on Wednesday. The firm currently has a $40.00 target price on the stock, up from their previous target price of $22.00. Bank of America’s price target would suggest a potential upside of 29.64% from the company’s current price. Micron Technology, Inc. (NASDAQ:MU) ended the last trading day at $31.17. Company weekly volatility is calculated as 2.92% and price to cash ratio as 7.41. Micron Technology, Inc. (NASDAQ:MU) showed a positive weekly performance of 5.52%.
Japan’s Panasonic Corporation (ADR) (OTCMKTS:PCRFY) on Thursday unveiled its new LUMIX DMC-FZ1000, which it claimed is “the world’s first digital compact camera to offer 4K video recording capability.” The camera, which is the latest addition to the company’s popular LUMIX FZ series, will be available in the U.S. in July for $899.99. Panasonic Corporation (ADR) (OTCMKTS:PCRFY) On last trading day company shares ended up $11.79 .
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