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Sony shares soar to 9-year high after forecast of record profit

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Sony shares soar to 9-year high after forecast of record profit

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TOKYO (Reuters) – Shares in Sony Corp <6758.T> soared as much as 11.6 percent to a nine-year high on Wednesday after the Japanese electronics and entertainment firm forecast its best ever annual profit. Sony raised its full-year operating profit forecast by 26 percent to 630 billion yen (4.17 billion pounds), citing strong sales of image sensors as well as high-end television sets, underscoring the success of its restructuring efforts. The Nikkei average <.N225> was up 1 percent in morning trade.

(Reporting by Thomas Wilson; Editing by Edwina Gibbs)
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