Panasonic Appliances India Company Ltd, the kitchen products arm of Panasonic Corporation (ADR) (OTCMKTS:PCRFY) hopes to return to profitability with the launch of its new range of automatic cookers. The company has been posting losses for the past two years after the onslaught of China-made cookers in the market. Panasonic Corporation (ADR) (OTCMKTS:PCRFY) On last trading day company shares ended up $10.53.
Coherent Inc. (NASDAQ:COHR) announced a technological advancement in laser power sensing that has yielded a completely new type of detector that combines the broad wavelength sensitivity, dynamic range and laser damage resistance of a thermopile with the response speed of a semiconductor photodiode. Coherent, Inc. (NASDAQ:COHR) shares advanced 3.74% in last trading session and ended the day on $59.57. COHR Gross Margin is 39.80% and its return on assets is 6.60%. Coherent, Inc. (NASDAQ:COHR) quarterly performance is -7.74%.
Canon Inc. (ADR) (NYSE:CAJ) a leader in digital imaging solutions, is proud to announce two new wide-angle lenses and a new white color model of the EOS Rebel SL1 Digital SLR camera, just in time for summer. The introduction of the new Canon EF 16-35mm f/4L IS USM and the EF-S 10-18mm f/4.5-5.6 IS STM wide-angle zoom lenses provides Canon digital SLR camera users with the ability to capture stunning photographs and videos of spacious landscapes and many other iconic scenes. The EF 16-35mm f/4L IS USM lens is the first L-series wide-angle zoom lens equipped with image stabilization, providing professional photographers with expanded creative options, especially in low light. Canon Inc. (ADR) (NYSE:CAJ) shares moved up 0.94% in last trading session and was closed at $32.29, while trading in range of $32.12 – $32.31. Canon Inc. (ADR) (NYSE:CAJ) year to date (YTD) performance is 0.91%.
Sharp Corporation(ADR) (OTCMKTS:SHCAY)’s solar PV segments returned to profitability in 2013 as sales in its cell segment increased 68.9% to US$4.3 billion (¥439 billion) and ahead of previous guidance of ¥430 billion. Sharp reported in full-year results an operating income for its cell segment of US317.9 million (¥32.4 billion), a 36.8% increase compared to the previous year. Sharp Corporation (ADR) (OTCMKTS:SHCAY) ended the last trading day at $2.63.
Best Buy Co. Inc. (NYSE:BBY) said last week that it plans a huge expansion of its “store-within-a-store” concept, with Sony opening stores in 350 Best Buy locations and Samsung adding 500 stores to its presence within Best Buy. Best Buy Co Inc (NYSE:BBY) net profit margin is 1.70% and weekly performance is 1.31%. On last trading day company shares ended up $26.25. Analysts mean target price for the company is $33.10. Best Buy Co Inc (NYSE:BBY) distance from 50-day simple moving average (SMA50) is 1.84%.