Sony EXPANDING Smartphone Lineup and 2 Stocks Sliding to 52-Week Lows
Sony Corp (NYSE:SNE) is raising its number of entry-level, mid-range, and three-proof smartphone models in order to stimulate market demand, hopefully leading to a rebound in orders in the second half of 2012, according to Digitimes. Shares have traded in a 52-week range of $12.39 to $27.03.
Sohu.Com Inc. (NASDAQ:SOHU) shares have traded in a 52-week range of $37.05 to $90.37.
Supervalu Inc. (NYSE:SVU): Under terms of a legal resolution among merchants and credit card companies, the former may begin to offer discounts to customers who pay with cash or checks, while others are considering offering such discounts, says The New York Times. Shares have traded in a 52-week range of $2.32 to $9.44.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.