It may be time for Sony Corp. (ADR) (NYSE:SNE) to take Daniel Loeb’s advice about breaking up. Even after making restructuring attempts such as the sale of its personal computer division, Sony remained 12% lower as of last week than when activist investor Loeb first urged a separation of the entertainment business last May so that the company could focus on its struggling electronics business. Last week, Sony forecast an annual loss, its sixth in seven years, mostly because of swelling restructuring charges. Sony Corp (ADR) (NYSE:SNE) net profit margin is 1.40% and weekly performance is -6.48%. On last trading day company shares ended up $16.32. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -9.41%.
NVIDIA Corporation (NASDAQ:NVDA) begin trading ex-dividend on May 20, 2014. A cash dividend payment of $0.085 per share is scheduled to be paid on June 13, 2014. NVIDIA Corporation (NASDAQ:NVDA) shares advanced 3.23% in last trading session and ended the day on $18.54. NVDA gross Margin is 55.00% and its return on assets is 7.90%.NVIDIA Corporation (NASDAQ:NVDA) quarterly performance is 4.04%.
Hungama.Com, Digital Entertainment Company becomes a part of Qualcomm Inc. (NASDAQ:QCOM) Design and Wireless Innovation Summit. QUALCOMM, Inc. (NASDAQ:QCOM) shares moved up 0.49% in last trading session and was closed at $79.81, while trading in range of $79.20 – $79.99. QUALCOMM, Inc. (NASDAQ:QCOM) year to date (YTD) performance is 8.00%.
The Watson group of International Business Machines Corp. (NYSE:IBM) has announced that it has acquired artificial intelligence company Cognea. Cognea has developed a cognitive computing and conversational artificial intelligence platform. Cognea offers virtual assistants that relate to people through personalities. Some of Cognea’s customers include NASA, HP, and Start Farm. International Business Machines Corp. (NYSE:IBM) ended the last trading day at $187.00. Company weekly volatility is calculated as 1.13% and price to cash ratio as 19.51.International Business Machines Corp. (NYSE:IBM) showed a negative weekly performance of -2.89%.
Fujitsu Limited (ADR) (OTCMKTS:FJTSY) the leading information and communication technology company, announced the launch of the FUJITSU Storage ETERNUS DX200F, an all-Flash storage array that provides high-performance storage I/O for entry-level to Fortune 1000 enterprise customers. On last trading day company shares ended up $32.07.
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