Sony Corporation (NYSE:SNE) [Trend Analysis] plunged reacts as active mover, shares a decrease -2.92% to traded at $28.22 and the percentage gap among open changing to regular change was -1.96%. Sony (SNE) reported that NW-A35 Walkman in India priced at Rs. 15,990. The high-resolution audio player comes as a follow-up to the NW-A25 that was released at Rs. 13,990 in February, signalling Sony’s continued stand on bringing out premium, high-resolution audio devices.
Unlike the NW-A25 that was provided in a variety of colour options, the NW-A35 is only accessible in Black. The Sony NW-A35 Walkman packs 16GB of inbuilt storage that is expandable up to 128GB via a microSD card slot.
The Walkman supports high-res audio formats which include MP3, WAV, AIFF, WMA, AAC, HE-AAC, FLAC, and Apple Lossless, amid others. The device features a 3.1-inch WVGA (800×480) display and comprises FM radio. Connectivity options include a 3.5mm stereo mini jack, Bluetooth 4.2, and NFC with one touch connectivity. The NW-A35 uses sound enhancement features like DSEE-HX and ClearAudio+, which work with the Walkman’s S-Master HX digital amplifier. The firm’s current ratio calculated as 0.80 for the most recent quarter. The firm past twelve months price to sales ratio was 0.52 and price to cash ratio remained 2.74. As far as the returns are concern, the return on equity was recorded as 2.30% and return on investment was 5.80% while its return on asset stayed at 0.30%. The firm has total debt to equity ratio measured as 0.46.
Itau Unibanco Holding S.A. (NYSE:ITUB) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -6.29% to close at $9.69 with the total traded volume of 18.94 Million shares. Brazil’s federal police have released a raid targetting Itaú Unibanco Holding SA and the BankBoston operations it bought years ago, news channel Globonews stated on Thursday.
According to Globonews, the raids are in connection with the so-called “Operação Zelotes,” which investigates the claimed involvement of banks and companies in the bribing of Brazilian tax Auditors to waive or reduce tax payments. Spokespeople at Itaú were not immediately accessible for comment. The firm has institutional ownership of 24.30%, while insider ownership included 52.10%. Its price to sales ratio ended at 1.28. ITUB attains analyst recommendation of 2.70 with week performance of -7.36%.