Press reports on February 4 and 5, 2014 stated that Sony Corporation (ADR) (NYSE:SNE) is discussing with Japan Industrial Partners Inc. (JIP) to establish a new company for Sony’s PC business in Japan. Sony has made no announcement in this regard. As Sony has announced previously, Sony continues to address various options for the PC business, but Sony has no further comments. Sony Corporation (ADR) (NYSE:SNE) shares closed at $16.10 on last trade day. Stock 52 week range is $13.75 – $23.38. Company’s market capitalization is $16.71 billion.
Michael Kors Holdings Ltd (NYSE:KORS) became a billionaire yesterday as shares of the luxury-goods company that bears his name surged the most in almost two years after posting profit that topped analysts’ estimates. Michael Kors Holdings Ltd (NYSE:KORS) stock finished the last session at $89.91. The EPS of the stock remained 2.46. Company’s market capitalization is $18.33 billion.
Yum! Brands, Inc. (NYSE:YUM) rallied 8.9% after the parent company of KFC, Taco Bell and Pizza Hut said late Monday its fourth-quarter earnings fell. However, the company’s adjusted earnings per share were better than projected in a FactSet survey. Yum! Brands, Inc. (NYSE:YUM) stock closed at $72.06 in last trading session. The 52 week range of the stock is $59.68 – $78.68.
Alcatel Lucent SA (ADR) (NYSE:ALU)is due to report fourth-quarter and full-year earnings before the bell Thursday. Analysts expect the French telecommunications company to return to profitability for the first time since its fourth quarter in 2011. Analysts surveyed by Thomson Reuters anticipate net income of US$71.83 million from a net loss of $254.46 million in the September-ended third quarter. Consensus is for per-share earnings of 3 cents, compared to an 11-cents-a-share loss a quarter ago and 70-cents-a-share loss in the year-ago quarter. Revenue is expected to increase 4.4% to $5.64 billion. Alcatel Lucent SA (ADR) (NYSE:ALU) stock opened at $3.95 in last trading session, and closed at $4.11, trading in the range of $3.93 – $4.13. The stock showed a positive weekly performance of 2.49%.