On 22 MAY General Electric Company (NYSE:GE) ‘s Co has agreed to extend its $16.9 billion (£10.02 billion) bid for the power arm of France’s Alstom until June 23 from June 2 at the request of the French government. General Electric Company (NYSE:GE) net profit margin is 8.60% and weekly performance is -0.60%. On last trading day company shares ended up $26.51. Analysts mean target price for the company is $28.90. General Electric Company (NYSE:GE) distance from 50-day simple moving average (SMA50) is 1.41%.
Sony Corp (ADR) (NYSE:SNE) has reached an agreement with Shanghai Oriental Pearl as a part of its Chief Executive Officer’s strategy to bring a new life to the company after it forecast a sixth loss in a period of seven years. Under the terms of the deal, Sony Corp (ADR) (NYSE:SNE) will form two joint ventures with Shanghai Oriental Pearl, which will be oriented towards manufacturing and selling Sony’s games console PlayStation on the territory of China. Sony Corp (ADR) (NYSE:SNE) shares fell -0.43% in last trading session and ended the day on $16.11. SNE Gross Margin is 34.60% and its return on assets is 0.70%. Sony Corp (ADR) (NYSE:SNE) quarterly performance is -7.41%.
On 22 MAY STMicroelectronics NV (ADR) (NYSE:STM) reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.02. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same quarter in the previous year, the company posted ($0.14) earnings per share. The company’s revenue for the quarter was down 9.2% on a year-over-year basis. Analysts expect that STMicroelectronics NV (ADR) (NYSE:STM) will post $0.22 EPS for the current fiscal year. STMicroelectronics NV (ADR) (NYSE:STM) shares moved up 1.08% in last trading session and was closed at $9.38, while trading in range of $9.30 – $9.40. STMicroelectronics NV (ADR) (NYSE:STM) year to date (YTD) performance is 18.58%.
On 9 MAY Goldcorp Inc. (USA) (NYSE:GG) announced that its Los Filos mine in Guerrero State, Mexico has resumed operations after reaching a new five-year occupancy agreement with the Carrizalillo Ejido. Goldcorp Inc. (USA) (NYSE:GG) ended the last trading day at $24.47. Company weekly volatility is calculated as 1.79% and price to cash ratio as 19.26. Goldcorp Inc. (USA) (NYSE:GG) showed a negative weekly performance of -0.49%.
On 22 MAY TOSHIBA CORP (OTCMKTS: TOSBF) has announced it will demolish its No. 2 semiconductor fabrication facility (Fab 2) at Yokkaichi Operations, a NAND Flash memory plant in Mie prefecture, Japan, and replace it with a new fab on the same site, dedicated to 3D NAND. TOSHIBA CORP (OTCMKTS: TOSBF) on last trading day company shares ended up $3.80.