Sony Corp (ADR) (NYSE:SNE) has appointed for the first time a president for its profitable U.S.-based entertainment business, the latest in a series of management changes at the Japanese consumer electronics giant which is trying to bolster its finances. Sony Corp (ADR) (NYSE:SNE) net profit margin is 1.40%. On last trading day company shares ended up $16.18. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -9.08%.
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook looked like he wanted to dance Wednesday as he discussed his company’s $3 billion acquisition of Beats Electronics. The deal, by far the most expensive in Apple’s 38-year history, will give the iPhone and iPod maker a line of trendy headphones known for their hip appearance and thumping bass sound. Apple Inc. (NASDAQ:AAPL) shares fell -0.37% in last trading session and ended the day on $633.00. AAPL gross Margin is 37.90% and its return on assets is 18.00%.Apple Inc. (NASDAQ:AAPL) quarterly performance is 20.96%.
Harman International Industries Inc./DE/ (NYSE:HAR) Insider Sachin Lawande sold 20,757 shares of Harman International Industries Inc./DE/ stock on the open market in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $106.98, for a total value of $2,220,583.86. Following the completion of the sale, the insider now directly owns 5,000 shares in the company, valued at approximately $534,900. Harman International Industries Inc./DE/ (NYSE:HAR) shares moved down -1.84% in last trading session and was closed at $105.03, while trading in range of $104.00 – $107.70. Harman International Industries Inc./DE/ (NYSE:HAR) year to date (YTD) performance is 29.08%.
Skullcandy Inc. (NASDAQ:SKUL) Q1’14 results are encouraging, as its turnaround is progressing well.
The modest domestic growth should not bother a long-term oriented investor, especially due to the severe weather, and management’s conservative approach. Management is taking the right strategic steps to build the company for the long term. The share price is still attractive, but not a steal. Skullcandy Inc. (NASDAQ:SKUL) ended the last trading day at $7.41. Company weekly volatility is calculated as 3.62% and price to cash ratio as 4.31.Skullcandy Inc. (NASDAQ:SKUL) showed a negative weekly performance of -2.50%.
SGOCO Group, Ltd. (NASDAQ:SGOC) a company focused on product design, distribution and brand development in the flat-panel display market, on 22 April announced its unaudited financial results for the fourth quarter and audited financial results for the full fiscal year ended December 31, 2013. Total revenue increased 20.6% year-over-year to $201.0 million. SGOCO Group Ltd (NASDAQ:SGOC) net profit margin is 4.80% and weekly performance is 7.96%. On last trading day company shares ended up $2.17. SGOCO Group Ltd (NASDAQ:SGOC) distance from 50-day simple moving average (SMA50) is -12.80%.