Sony Corp. (NYSE:SNE) announced that it is “killing” the PlayStation Portable (or the PSP, as it is known to many) by the end of 2014. The company will stop selling the PSP in order to fully push the distribution of its successor, the PlayStation Vita. Sony Corp (ADR) (NYSE:SNE) net profit margin is -1.60% and weekly performance is -0.55%. On last trading day company shares ended up $16.24. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -8.33%.
According to ZDNet, the Blackberry Ltd (NASDAQ:BBRY) Z3 has been launched exclusively for the Indonesian market. The device, as expected, it aimed at emerging markets. Blackberry has indicated that it will go on sale in India in the near future. BlackBerry Ltd (NASDAQ:BBRY) shares advanced 2.27% in last trading session and ended the day on $7.65. BBRY gross Margin is 30.68% and its return on assets is -6.35%.BlackBerry Ltd (NASDAQ:BBRY) quarterly performance is -24.26%.
Texas Instruments Incorporated (NASDAQ:TXN)‘s stock had its “neutral” rating restated by Zacks in a research note issued on Wednesday. They currently have a $49.00 target price on the stock. Zacks‘s price target suggests a potential upside of 4.28% from the company’s current price. Texas Instruments Incorporated (NASDAQ:TXN) shares moved down -0.30% in last trading session and was closed at $46.85, while trading in range of $46.77 – $47.19. Texas Instruments Incorporated (NASDAQ:TXN) year to date (YTD) performance is 8.15%.
Canon Inc. (ADR) (NYSE:CAJ) a leading provider of managed services and technology, on 2 June announced that for the eighth straight year it has been named to the top-ranked Leaders Category of the International Association of Outsourcing Professionals® (IAOP®) 2014 Global Outsourcing 100® list. This list defines the standard for excellence in outsourcing service delivery. Canon Inc. (ADR) (NYSE:CAJ) ended the last trading day at $32.89. Company weekly volatility is calculated as 0.76% and price to cash ratio as 5.70.Canon Inc. (ADR) (NYSE:CAJ) showed a positive weekly performance of 0.64%.
Panasonic Corporation (ADR) (OTCMKTS:PCRFY) has opened a new cloud-based showcase at its corporate showroom in Tokyo to offer comprehensive information on the company, its offerings and its vision for the future. On last trading day company shares ended up $11.10.