Actionable news
0
All posts from Actionable news
Actionable news in SNE: SONY CORPORATION ADS,

Will Sony (SNE) Stock Be Helped by Q2 Profit?

NEW YORK (TheStreet) -- Shares of Sony Corp. (SNE - Get Report) are down by 3.94% to $27.83 at the start of trading on Thursday morning, despite the company reporting a profit for the 2015 second quarter, the result of gains in its PlayStation 4 games, images sensors and cameras.

The Minato, Tokyo-based company's net income was 33.6 billion yen, or $278 million for the most recent quarter, Bloomberg reports. This is compared to a net loss of 136 billion yen for the same period in 2014.

"Structural reforms are going as planned as the company puts more emphasis on profit than on sales in...


More