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Softbank Corp

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  • UPDATE 9-Sprint in talks on potential sale to Softbank Thursday, 11 Oct 2012 | 2:56 PM ET

    *Sprint, Clearwire soar in afternoon trade; MetroPCS flat. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.

  • *Apple shares fall 1.4 percent after setback in Samsung case. *Sprint volume surges, shares jump on Softbank deal reports. NEW YORK, Oct 11- U.S. stocks erased most gains and were little changed on Thursday as a drop in Apple shares after a legal ruling dented broad market gains on a sign of improvement in the jobs market.

  • NEW YORK, Oct 11- Softbank Corp could buy a roughly 70 percent stake in Sprint Nextel Corp through a combination of newly issued shares and a tender offer for existing shares, a source familiar with the situation said on Thursday.

  • *Sprint, Clearwire soar in afternoon trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp may buy a majority stake in Sprint Nextel Corp to establish a foothold in the U.S. wireless market, in what could be the largest Japanese acquisition ever in America.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp and U.S. operator Sprint Nextel Corp. are in talks about a deal that could see Softbank assume control of Sprint.

  • *Sprint volume surges, shares jump on Softbank deal reports. More than 320 million shares of Sprint Nextel changed hands in U.S. trading by 11:30 a.m. ET, making it the busiest day in the stock's history. Clearwire Corp, in which Sprint holds a majority interest, surged 38 percent to $1.79.

  • Sprint bonds soar, CDS screams tighter on Softbank talks Thursday, 11 Oct 2012 | 11:35 AM ET

    Oct 11- Sprint Nextel Corp bonds soared more than 10 points on Thursday and the cost of insuring its debt re-priced to trade as if the company was rated investment grade, on news that Softbank Corp is in talks to buy about two thirds of the US telecoms company for more than US $12.8 bn.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, according to a source with direct knowledge of the matter, adding yet another potential shake-up to the fast-changing U.S. wireless market.

  • BRIEF-Sprint confirms discussions with Softbank Thursday, 11 Oct 2012 | 11:18 AM ET

    Oct 11- Sprint Nextel Corp:. investment by Softbank in Sprint. *Source text: Sprint today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint.

  • Sprint confirms investment talks with Softbank Thursday, 11 Oct 2012 | 11:18 AM ET

    Oct 11- Sprint Nextel Corp confirmed that it is engaged in talks with Japan's Softbank Corp about a potential "substantial investment" in Sprint. This transaction could involve a change of control of Sprint, the company said in a statement. The company does not intend to comment on the matter further unless and until an agreement is reached, it said.

  • *Sprint, Clearwire soar in early trade, MetroPCS sinks. TOKYO/ NEW YORK, Oct 11- Japanese mobile carrier Softbank Corp is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, according to a source with direct knowledge of the matter, adding yet another potential shake-up to the fast-changing U.S. wireless market.

  • *Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks advanced on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years, suggesting improvement in a key factor for economic growth.

  • *Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks were poised for a higher open on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years.

  • *Sprint shares up 16 pct in premarket trade. TOKYO/ NEW YORK, Oct 11- Softbank Corp, Japan's third-largest mobile carrier, is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, according to a source with direct knowledge of the matter.

  • Oct 11- Canada's main stock index looked set to open higher on Thursday, on expectations that Spain would be pressured to seek a sovereign bailout after S&P downgraded it to just one notch above junk. *The IMF backed giving debt-burdened Greece and Spain more time to reduce their budget deficits, cautioning that cutting too far, too fast would do more harm than good.

  • *Softbank to buy majority in Sprint- source. TOKYO, Oct 11- Softbank Corp, Japan's third-largest mobile carrier, is in talks to buy a majority stake in U.S. operator Sprint Nextel Corp for more than 1 trillion yen, said a source with direct knowledge of the matter, as it seeks to expand overseas.

  • *Softbank to buy majority in Sprint- source. TOKYO, Oct 11- Softbank Corp, Japan's third-largest mobile carrier, is in talks to buy a majority stake in U.S. telecoms company Sprint Nextel Corp in a deal worth more than 1 trillion yen, a source with direct knowledge of the matter told Reuters on Thursday.

  • TOKYO, Oct 11- Japan's Softbank Corp is in talks to acquire a majority stake in Sprint Nextel, the No. 3 wireless carrier in the United States, for more than 1 trillion yen, a source familiar with the matter told Reuters on Thursday.

  • TOKYO, Oct 11- Japanese mobile carrier Softbank Corp is in talks to buy more than two-thirds of U.S.-based telecoms company Sprint Nextel Corp, public broadcaster NHK said on Thursday, in a deal worth at least 1 trillion yen.

  • Japan's Softbank in talks to buy Sprint Nextel -NHK Thursday, 11 Oct 2012 | 6:16 AM ET

    TOKYO, Oct 11- Japanese mobile phone carrier Softbank Corp is in talks to buy more than two-thirds of U.S.-based telecoms company Sprint Nextel Corp, Japanese public broadcaster NHK said on Thursday.