Japan’s Sony Corp (ADR) (NYSE:SNE) and China’s Shanghai Oriental Pearl Group Co Ltd will set up two joint ventures to make and market Sony’s PlayStation games console in China, Shanghai Oriental Pearl said in a stock exchange filing on Monday. Sony Corp (ADR) (NYSE:SNE) net profit margin is 1.40% and weekly performance is -1.65%. On last trading day company shares ended up $16.11. Analysts mean target price for the company is $21.51. Sony Corp (ADR) (NYSE:SNE) distance from 50-day simple moving average (SMA50) is -9.86%.
NVIDIA (NASDAQ:NVDA) CAO David Shannon sold 2,446 shares of the stock on the open market in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $18.35, for a total value of $44,884.10. Following the sale, the chief accounting officer now directly owns 240,917 shares in the company, valued at approximately $4,420,827. NVIDIA Corporation (NASDAQ:NVDA) shares advanced 0.93% in last trading session and ended the day on $18.49. NVDA gross Margin is 55.00% and its return on assets is 7.90%.NVIDIA Corporation (NASDAQ:NVDA) quarterly performance is -1.33%.
ARM Holdings plc (ADR) (NASDAQ:ARMH) up 2.5%, offered an upbeat outlook on royalty growth rates through 2018 at its analysts’ day. Various brokers gave diverse ratings on the stock. ARM Holdings plc (ADR) (NASDAQ:ARMH) shares moved down -0.20% in last trading session and was closed at $44.88, while trading in range of $44.27 – $44.91. ARM Holdings plc (ADR) (NASDAQ:ARMH) year to date (YTD) performance is -17.70%.
Qualcomm Incorporated (NASDAQ:QCOM) on 20 may announced that Qualcomm Connected Experiences, Inc., a subsidiary of Qualcomm Technologies, Inc., will release a major update to the Qualcomm® Vuforia™ mobile vision software platform in the coming weeks. QUALCOMM, Inc. (NASDAQ:QCOM) ended the last trading day at $79.88. Company weekly volatility is calculated as 0.87% and price to cash ratio as 8.11.QUALCOMM, Inc. (NASDAQ:QCOM) showed a positive weekly performance of 0.58%.
Panasonic Corporation (ADR) (OTCMKTS:PCRFY) which has developed a substantial customer base within the aviation industry, will participate in AVTECH’s strategic planning, Aventus business development pursuits, and sales. Panasonic Corporation (ADR) (OTCMKTS:PCRFY) shares moved up 1.61% in last trading session and was closed at $10.70, while trading in range of $10.51 – $10.70.