Stocks Under Spotlight: Government Properties Income Trust (NYSE:GOV) and Sony (NYSE:SNE)

New York, NY -- (SBWIRE) -- 03/12/2013 -- StockRunway.com issues special report on the Stocks under Spotlight – Government Properties Income Trust (NYSE:GOV), Sony (NYSE:SNE)

Government Properties Income Trust (NYSE:GOV) shares were under investors focus on Tuesday as the company declared late on Monday that CommonWealth REIT (CWH) has sold its rest of the stake in GOV through the sale of 9,950,000 common shares in an underwritten public offering under a successful shelf registration statement filed by GOV, at a stock price of $25.20 per share.

CWH has decided to pay all the costs linked with this deal and GOV would not get any returns from the sale of the common shares. The conclusion of this sale is predicted to take place on March 15, 2013.

Who are the Government Properties Income Trust bookrunnersfor this offering? Find out here

The combined bookrunning managers for this deal are Citigroup, BofA Merrill Lynch and RBC Capital Markets.

The joint lead managers included Jefferies, Morgan Stanley and UBS Investment Bank. The co-managers are BB&T Capital Markets, Janney Montgomery Scott, JMP Securities, MLV & Co. and Oppenheimer & Co.

What is Sony’s intention for gaining smartphone market? Find out here

Japanese consumer electronics-manufacturer Sony (NYSE:SNE) is looking for 30 percent of its total business in India from the smartphone unit in the financial year 2013-14, a top firm executive reported on Tuesday.

The company is intending to cash on its recently-released premium smartphone “Xperia Z” and swiftly enhancing market in this category.

Smartphone as a segment is nearly increasing twofold every year in India. We are looking at the trend for almost coming three to four years, Sony (SNE) India PvtLtd's head, sales and marketing - mobile unit,SachinThapar informed reporters on Tuesday.

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