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Softbank Corp

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  • Alibaba employees in for $40 billion windfall Thursday, 5 Jun 2014 | 6:46 AM ET
    The Alibaba Group headquarters on March 29, 2014 in Hangzhou, China.

    The Chinese e-commerce giant has been counseling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.

  • Asian equities closed mixed in choppy trading Thursday, as traders braced for a highly-anticipated European Central Bank meeting.

  • *Japan govt aims for' robotic revolution' under growth strategy. TOKYO, June 5- Japan's SoftBank Corp said on Thursday it will start selling human-like robots for personal use by February, expanding into a sector seen key to addressing labour shortages in one of the world's fastest ageing societies.

  • T-Mobile and Sprint zero in on a $32 billion merger Wednesday, 4 Jun 2014 | 11:49 PM ET

    Sprint and T-Mobile have settled on a $32 billion deal that might be announced this summer, people briefed on the matter told the New York Times.

  • TOKYO, June 5- Japan's SoftBank Corp is developing human-like robots which it will use to staff its cellphone stores, two people with knowledge of the matter said, in a move aimed at expanding the mobile phone and Internet conglomerate's technological reach.

  • NEW YORK, June 4- Sprint Corp has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter told Reuters on Wednesday, signaling progress in a long-contemplated deal to merge the third- and fourth-largest U.S. wireless carriers.

  • June 4- Sprint Corp is closing in on an agreement to pay $40 a share to buy T-Mobile US Inc, Bloomberg reported on Wednesday, drawing the two companies toward a deal to combine the country's third- and fourth-largest telecoms carriers.

  • June 4- Sprint Corp is closing in on an agreement to pay $40 a share to buy T-Mobile US Inc, Bloomberg reported on Wednesday, drawing the two companies toward a deal to combine the country's third- and fourth-largest telecoms carriers.

  • HONG KONG, June 5- As Alibaba prepares for what could be the biggest tech company IPO to date, the Chinese e-commerce giant has been counselling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.

  • *Steel shares outperform on Credit Suisse rating hikes. *Yahoo Japan jumps after Goldman Sachs adds to conviction list. Exporters were mixed, with Toyota Motor Corp rising 0.3 percent, while Honda Motor Co shed 0.5 percent and Toshiba Corp gained 0.7 percent.

  • Deals of the day- Mergers and acquisitions Tuesday, 3 Jun 2014 | 4:03 PM ET

    **Pilgrim's Pride Corp, the second largest U.S. chicken processor, raised its offer for Hillshire Brands Co, escalating a bidding war with Tyson Foods Inc for the maker of Jimmy Dean sausages. **Germany's Siemens said on Tuesday it called off the sale of its baggage handling and postal automation business.

  • Asian stocks finished mixed on Tuesday following key Chinese economic data and monetary policy decisions in Australia and India.

  • TOKYO, June 3- Japan's Nikkei share average closed at a fresh two-month high after investors took heart from upbeat U.S. manufacturing data, while the weaker yen spurred buying in exporters and index-heavyweight stocks such as SoftBank Corp. The Nikkei ended 0.7 percent higher at 15,034.25, the highest closing level since April 4.

  • TOKYO, June 3- Japan's Nikkei share average rose above the 15,000 mark for the first time in two months after investors took heart from upbeat U.S. data, while the weaker yen spurred buying in exporters and index-heavyweight stocks such as SoftBank Corp. The Nikkei gained 1.0 percent to 15,083.69 in mid-morning trade after opening at 15,089.04, the highest since April 4.

  • Asian equities ended mostly lower on Friday as caution ahead of Chinese manufacturing data overshadowed a record finish on the S&P 500 overnight.

  • TOKYO, May 30- Japan's Nikkei stock average extended gains into a seventh day on Friday, its longest winning streak since December, after another record close on Wall Street and strong Japan consumer prices lifted sentiment.

  • Fixing bad Internet service worth investment: VC Thursday, 29 May 2014 | 3:58 PM ET

    Internet service in the U.S. is horrible, Greylock Partner's John Lilly said, but he expects to see a greater investment in improving it.

  • NEW YORK/ FRANKFURT, May 29- Germany's Deutsche Telekom AG is willing to keep a minority stake in a deal to sell T-Mobile US Inc to Japan's Softbank Corp, but other details such as price and financing remain to be worked out, according to sources familiar with the situation.

  • *Deutsche Telekom spokesman declines to comment. BANGALORE/ FRANKFURT, May 29- Deutsche Telekom AG has agreed to a plan by Japanese mobile company Softbank Corp to buy T-Mobile US Inc, the fourth-largest U.S. mobile carrier, Kyodo news agency reported, citing industry sources.

  • May 29- Deutsche Telekom AG has agreed to a plan by Japanese mobile company Softbank Corp to buy T-Mobile US Inc, the fourth-largest U.S. mobile carrier, Kyodo news agency reported, citing industry sources. Deutsche Telekom owns two-thirds of T-Mobile US.