Sony Corp (ADR) (NYSE:SNE) announced that it is brining the PlayStation Vita TV to the U.S. and Europe this fall under the name PlayStation TV. The hybrid console and set-top box, which launched in Asia in 2013, will retail for $99 for the basic package. Sony Corp (ADR) (NYSE:SNE) net profit margin is -1.60% 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%.
June 12, 2014 — Childrens Place Inc (NASDAQ:PLCE) the largest pure-play children’s specialty apparel retailer in North America, announced that, at its Annual Meeting on June 4, 2014, the Company’s stockholders elected Susan Sobbott to the Board of Directors as a Class II director to serve for a three-year term expiring in 2017. Childrens Place Inc (NASDAQ:PLCE) shares advanced 3.29% in last trading session and ended the day on $48.36. Gross Margin is 36.50% and its return on assets is 4.90%. Childrens Place Inc (NASDAQ:PLCE) quarterly performance is -6.17%.
Equities research analysts at Susquehanna reduced their target price on shares of Ascena Retail Group Inc (NASDAQ:ASNA) from $24.00 to $21.00 in a research noteissued to investors on Thursday. Susquehanna’s price objective points to a potential upside of 24.85% from the company’s current price. Ascena Retail Group Inc (NASDAQ:ASNA) shares moved up 1.19% in last trading session and was closed at $16.99, while trading in range of $16.80 – $17.10. Ascena Retail Group Inc (NASDAQ:ASNA) year to date (YTD) performance is -19.71%.
On May 27, The Wet Seal, Inc. (NASDAQ:WTSL) a leading specialty retailer to young women, announced financial results for the first quarter of fiscal 2014 ended May 3, 2014. Net sales for the quarter ended May 3, 2014, were $116.7 million compared to net sales of $140.4 million for the quarter ended May 4, 2013. Consolidated comparable store sales declined 16.9%, including a decline of 16.5% at Wet Seal and 19.4% at Arden B. Comparable store sales results include e-commerce, which alone increased 1.9%, including an 8.4% increase at Wet Seal, offset by a 20.0% decrease at Arden B. The Wet Seal, Inc. (NASDAQ:WTSL) ended the last trading day at $0.821. Company weekly volatility is calculated as 7.10% and price to cash ratio as 1.27. The Wet Seal, Inc. (NASDAQ:WTSL) showed a positive weekly performance of 1.33%.
Guess?, Inc. (NYSE:GES) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Friday. The firm currently has a $27.00 price objective on the stock.Zacks‘s target price would suggest a potential upside of 4.73% from the stock’s previous close. Guess?, Inc. (NYSE:GES) net profit margin is 5.90% and weekly performance is 2.16%. On last trading day company shares ended up $26.05. Analysts mean target price for the company is $27.54. Guess?, Inc. (NYSE:GES) distance from 50-day simple moving average (SMA50) is -3.15%.