GO
Loading...

Softbank Corp

More

  • Hasbro may be in talks to buy DreamWorks Wednesday, 12 Nov 2014 | 8:59 PM ET

    Hasbro is in talks to buy DreamWorks Animation, a person briefed on the matter said on Wednesday.

  • Asia stocks were under pressure on Wednesday amid concerns over oil and Chinese growth, but Japanese markets continued to outperform the region.

  • TOKYO, Nov 5- Japanese stocks stepped back on Wednesday morning as heavyweight Softbank tumbled after slashing its profit forecast, while the broader market took a breather after outsized gains inspired by a fresh stimulus drive by the Bank of Japan. We're seeing investors taking profits this morning, "said Takashi Hiroki, chief strategist at Monex in Tokyo.

  • *Cuts FY operating profit forecast 10 pct to 900 bln yen. TOKYO, Nov 4- Fast-growing Japanese telecom firm SoftBank Corp sliced the best part of $1 billion off its annual profit forecast as the Sprint Corp U.S. carrier it bought last year continues to lose customers in droves, with no quick fix in sight. SoftBank said Sprint's troubles mean it now expects an operating...

  • WASHINGTON, Nov 3- Sprint Corp announced on Monday it will fire 2,000 employees as the company attempts to cut costs and turn around several quarters of losses. Sprint reported a loss of 19 cents per share, well below analyst expectations of a loss of 6 cents per share, according to Thomson Reuters I/B/E/S. Sprint shares dropped 7.7 percent to $5.72 in after-market...

  • WASHINGTON, Nov 3- Sprint Corp, the No. 3 U.S. mobile provider, on Monday reported an increase in quarterly revenue that was slightly below analysts' expectations. Sprint shares fell 1.1 percent to $5.86 in after-market trading after closing at $6.20 on the New York Stock Exchange. Sprint, which is 80 percent owned by Japan's SoftBank Corp, said its operating losses...

  • WASHINGTON, Nov 3- Sprint Corp, the No. 3 U.S. mobile provider, on Monday reported an increase in quarterly revenue that was slightly below analysts' expectations. The company, which is 80 percent owned by Japan's SoftBank Corp, said its operating losses narrowed to $192 million, or 19 cents per share, in the third quarter, from a loss of $380 million, or 24 cents per share,...

  • Oct 30- Japanese telecom and media group SoftBank Corp has set its sights on the wireless assets put up for sale by America Movil, the Wall Street Journal reported, citing people familiar with the matter. SoftBank recently asked Sprint Corp Chief Executive Marcelo Claure to gather information on the assets that America Movil is planning to sell, sources told the...

  • India's delivery men offer prize investment Wednesday, 29 Oct 2014 | 7:45 PM ET
    The Snapdeal.com website is displayed in this photo.

    Everyone wants a piece of India's booming online retail sector, but for those without billions to spare, the best bet may be the delivery men.

  • After final negotiations over a sushi breakfast earlier this month, Snapdeal on Tuesday unveiled a $627 million investment from Japan's SoftBank, one of the high-profile early backers-- and now major shareholder-- in China's Alibaba. For Bahl, who has often said he aims to lead " India's Alibaba," it is a stamp of approval for Snapdeal's strategy and its decision to...

  • *Snapdeal' potential to be India's Alibaba'- Softbank's Son. *Funds needed to tackle rivals in India online retail boom. Masayoshi Son, chief executive of SoftBank, laid out a 10- year investment plan for India on Tuesday, starting with the purchase of a $627 million stake in fast-growing online marketplace Snapdeal.

  • TOKYO, Oct 28- Japanese telecom and media group SoftBank Corp has agreed to buy a $627 million stake in Indian online retailer Snapdeal, seeking to tap into potentially huge e-commerce growth in the market with the world's third-biggest Internet user base. Highlighting India as a new priority in its aggressive expansion, SoftBank said on Tuesday it's also...

  • Softbank pumps $627 million into India's Snapdeal Monday, 27 Oct 2014 | 11:00 PM ET

    Japanese telecommunications and internet giant Softbank Group announced on Tuesday that it invested $627 million in Indian online retailer Snapdeal.

  • SAN FRANCISCO, Oct 24- Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products. The India- born executive will have oversight over products such as search, maps, Google+, commerce, advertising and infrastructure, according to a Google spokesman. Chief Business Officer Nikesh Arora...

  • Shanghai Composite leads losses in Asia after China PMI Thursday, 23 Oct 2014 | 3:00 AM ET

    Asian equities declined on Thursday as investors focused on key Chinese manufacturing data and sliding oil prices.

  • A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian bourses mirrored the choppy trade overnight in the U.S., with Shanghai, Tokyo and Seoul erasing morning gains to trade lower on Friday.

  • SAN FRANCISCO, Oct 16- Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent. That was down from the 25 percent growth rate that Google delivered in the second quarter. Shares of Google fell 2.7...

  • Mounting anxiety over global growth and the spread of Ebola dragged Asian bourses lower on Thursday.

  • Asian stocks mostly higher on weak yen, stimulus hopes Wednesday, 15 Oct 2014 | 3:28 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Most Asian bourses traded higher on late Wednesday, as benign Chinese inflation data fueled hopes of additional easing while a weaker currency provided support for Japanese shares.

  • *Deutsche Telekom shares down 0.7 percent. FRANKFURT, Oct 14- Deutsche Telekom had already given up on trying to sell its near 67 percent stake in T-Mobile US before upstart French telecoms firm Iliad dropped its bid on Monday and is now looking to avoid having to stump up more funds for the U.S. mobile network operator, analysts and investors said.