Sony shares surge 10% on operating profit forecast

iht.com     May 15, 2008            

Shares of Sony jumped more than 10 percent on Thursday after it forecast a bigger-than-expected operating profit this financial year as it aims to boost flat TV sales and wipe away losses on the PlayStation 3. The result fell short of an average estimate of a ¥27.3 billion operating profit from... [read full story]                    

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