Sony Corporation (ADR) (NYSE:SNE) understood the fall of PC business and sold off its VAIO business unit to Lenovo Group Limited (ADR) (OTCMKTS:LNVGY). As we reported earlier they are now focussing on 3 screens – Smartphone, tablet and 4K TVs. While seeking to improve against its more powerful competitors, Sony launched its flagship Smartphone – the Xperia Z2. Sony Corporation (ADR) (NYSE:SNE) shares after opening at $19.12 moved to $19.25 on last trade day and at the end of the day closed at $19.12. Company price to sales ratio in past twelve months was calculated as 0.27 and price to cash ratio as 1.20. Sony Corporation (ADR) (NYSE:SNE) showed a positive weekly performance of 8.33%.
Sungy Mobile (NASDAQ:GOMO) announced its earnings results on Tuesday. The company reported $1.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $1.10, AnalystRatingsNetwork.com reports. The company had revenue of $98.90 million for the quarter, compared to the consensus estimate of $15.81 million. Sungy Mobile’s revenue was up 63.5% compared to the same quarter last year. Sungy Mobile Ltd (NASDAQ:GOMO) shares advanced 6.14% in last trading session and ended the day on $20.91. GOMO return on equity ratio is recorded as -15.60% and its return on assets is 24.40%.
Needham & Company LLC upgraded shares of Radisys Corp. (NASDAQ:RSYS) from a hold rating to a buy rating in a research report released on Friday morning, American Banking News.comreports. RadiSys Corporation (NASDAQ:RSYS) shares moved up 4.97% in last trading session and was closed at $3.59, while trading in range of $3.42-$3.82. RadiSys Corporation (NASDAQ:RSYS) year to date performance is 56.77%.
Castlight Health Inc (NYSE:CSLT), a leading provider of enterprise healthcare cloud software, on Mar 19, 2014 announced it has closed its previously announced initial public offering of 12,765,000 shares of its Class B common stock at a price to the public of $16.00 per share, which included 1,665,000 shares issued upon the exercise in full of the underwriters’ option to purchase additional shares. Castlight Health Inc (NYSE:CSLT) weekly performance is %. On last trading day company shares ended up $21.22. Castlight Health Inc (NYSE:CSLT) distance from 50-day simple moving average is -28.49%.