05-02-2015 03:35 via uk.news.yahoo.com

Sony shares jump after company forecasts smaller loss

TOKYO (Reuters) - Shares of Sony Corp surged and hit their daily trade limit on Thursday after the Japanese consumer electronics and entertainment group said its annual net loss will likely be smaller than previously forecast. Sony, which also forecast a full-year operating profit instead of a loss, was last up 14.7 percent at 3,174 yen. Jefferies said Sony's results released Wednesday were "the strongest result in the last decade. ...
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