Sony Corporation (ADR) (NYSE:SNE) said that it expects a net loss of 50 billion yen this financial year, its sixth net loss in seven years, and plans additional restructuring measures that include its unprofitable personal computer operations. Operating profit in the year through March 31 was forecast to rise more than five times to ¥140 billion, or $1.37 billion, compared to the year-ago level. The forecast fell short of the ¥227 billion average of 20 analysts polled by Reuters. Sony made a ¥128.4 billion yen net loss for the financial year that ended March 31, in line with its own forecast of a ¥130 billion net loss. On May 1, Sony issued its third profit warning for the year and cut its outlook to barely one-tenth of its initial estimate. Sony Corp (ADR) (NYSE:SNE) net profit margin is 1.40% and weekly performance is -5.75%. On last trading day company shares ended up $16.38. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -9.23%.
Wix.com Ltd. (NASDAQ:WIX) a leading global web development platform, announced the launch of the WixHive API and its Mobile Sonic Technology. WixHive allows Apps installed on a user’s website from the Wix App Market to integrate data with one another. The data is collated, stored and can be used to produce new insights and synchronized actions that website owners can leverage for business management and growth. Wix.Com Ltd (NASDAQ:WIX) shares advanced 4.54% in last trading session and ended the day on $15.43. Gross Margin is 80.50% and its return on assets is -254.50%. Wix.Com Ltd (NASDAQ:WIX) quarterly performance is -46.87%.
Bazaarvoice Inc (NASDAQ:BV) the network connecting brands and retailers to the authentic voices of consumers wherever they shop, released a preview edition of The Conversation Index Volume 7. Based on an analysis of sample data from the Bazaarvoice network, including more than 57 million reviews and upwards of 35 billion product pageviews, the latest issue of Bazaarvoice’s semi-annual research series reveals how retailers and brands can capitalize on seasonal trends in online customer conversations to understand shoppers’ purchasing behaviors and maximize sales. Bazaarvoice Inc (NASDAQ:BV) shares moved up 1.69% in last trading session and was closed at $6.03, while trading in range of $5.85 – $6.06. Bazaarvoice Inc (NASDAQ:BV) year to date (YTD) performance is -23.86%.
NQ Mobile Inc (ADR) (NYSE:NQ) the Chinese mobile-service provider accused by short seller Carson Blockof overstating revenue, dropped as much as 30 percent after delaying the filing of its annual report for the second time. American depositary receipts of NQ Mobile fell to $7.62 at 1:02 p.m. in New York, their lowest level in 10 months. The shares have tumbled 68 percent since Block, founder of Muddy Waters LLC, said in October the Beijing-based company was “a massive fraud.” NQ Mobile has denied the allegation and said that it is working to file its audited full-year results to U.S. regulators as soon as possible. NQ Mobile Inc (ADR) (NYSE:NQ) ended the last trading day at $8.04. Company weekly volatility is calculated as 16.31% and price to cash ratio as 2.74. NQ Mobile Inc (ADR) (NYSE:NQ) showed a negative weekly performance of -32.83%.
Vivendi SA-ADR (OTCMKTS:VIVHY) was downgraded by analysts at Kepler Capital Markets from a buy rating to a hold rating. Vivendi SA-ADR (OTCMKTS:VIVHY) on last trading day company shares ended up $25.42 .
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