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Softbank Corp

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  • Feb 5- Sprint Corp's quarterly revenue fell less than expected as the U.S. mobile provider attracted more subscribers by cutting prices and offering promotions. Shares of the company, which is 80 percent owned by Japan's SoftBank Corp, rose 3.7 percent to $4.75 in premarket trading on Thursday. Sprint's net loss more than doubled to $2.38 billion, or 60 cents per...

  • Sprint revenue falls on price cuts and promotions Thursday, 5 Feb 2015 | 7:24 AM ET

    Feb 5- Sprint Corp's quarterly revenue fell 1.8 percent as the U.S. mobile provider struggles to reverse a decline in its subscriber base by cutting prices and offering promotions. Sprint's net loss more than doubled to $2.38 billion, or 60 cents per share, in the three months ended Dec. 31 from $1.04 billion, or 26 cents per share, a year earlier.

  • TOKYO, Feb 4- Japanese shares rose on Wednesday as banks outperformed on strong earnings from Mitsubishi UFJ Financial Group while hopes for a new Greek debt swap deal and a further recovery in oil prices underpinned the overall mood. Financial shares led the gains after Mitsubishi UFJ Financial Group posted better than expected profits in the three months to...

  • The Australian Securities Exchange with boards displaying stock movements in downtown Sydney

    Asian stocks traded mixed on Tuesday, as a rebound in crude oil prices brought mixed blessings, while speculation that the Reserve Bank of Australia (RBA) will cut rates today continued to buoy Australian equities.

  • Corporate earnings balance sheet

    Asian equities outside China traded higher on Friday, following a halt in the sell-off in energy markets and as traders digest the raft of earnings releases in Tokyo and Seoul.

  • TOKYO, Jan 30- Asian shares wavered between positive and negative territory on Friday, as a late earnings-led surge on Wall Street helped counter persistent concerns over global growth and sagging Chinese shares. Spreadbetters predicted the U.S. lustre would rub off on European bourses when they opened, with Britain's FTSE 100 expected to open up around 19...

  • TOKYO, Jan 30- Japan's Nikkei share average rose on Friday as strong company earnings led by Nomura Holdings and Advantest Corp buoyed sentiment, but a sell-off in index-heavyweight SoftBank Corp limited the gains. SoftBank Corp fell 3.4 percent and contributed a hefty 28.74 negative points to the Nikkei after Alibaba Group Holding Ltd reported...

  • *SoftBank bucks weakness after Alibaba's revenue disappoints. TOKYO, Jan 30- Japan's Nikkei share average rose on Friday as strong company earnings in the United States and at home from the likes of Nomura Holdings and Advantest Corp buoyed investors' risk appetite. Nomura Holdings Inc rose 3.1 percent after reporting the biggest jump in its quarterly profits...

  • NEW DELHI, Jan 29- New Delhi's transport department has written to U.S. taxi hailing company Uber Technologies Inc detailing problems with its application for a license in the city, further complicating the firm's ability to operate in India's capital. Uber's services have been banned since December in New Delhi, when one of its drivers was accused of raping a...

  • Clock is ticking for 'radical' move from Samsung Thursday, 29 Jan 2015 | 12:19 AM ET

    The key takeaway from Samsung's latest earnings report is the need for something "radical" to turn around its fortunes, say analysts.

  • *Sony rises after report it will cut about 1,000 jobs. *Komatsu, Hitachi Construction off on Caterpillar earnings. TOKYO, Jan 28- Japan's Nikkei share average retreated from a one-month high on Wednesday morning as disappointing U.S. earnings and weak U.S. economic data triggered profit-taking, while Sony Corp outperformed after sources said it will cut about...

  • *Uber applies for radio taxi license in New Delhi. NEW DELHI, Jan 23- Uber, the U.S.-based online taxi-hailing company, has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. Uber's app showed taxis available for booking in New Delhi on Friday.

  • *Application follows tie-up in Korea, CEO job-creation promise. NEW DELHI, Jan 23- U.S. taxi-hailing app maker Uber Technologies Inc has restarted services in India's capital after a ban following rape allegations against one of its drivers, but a government official said the company remains blacklisted. The service restoration comes as Uber works to counter...

  • European QE lifts Asian equities to new highs Friday, 23 Jan 2015 | 3:47 AM ET
    A board of stock indicators shows upward momentum on the floor of the New York Stock Exchange.

    Asian equity markets posted an upbeat performance on Friday, after the European Central Bank unleashed a massive stimulus package to resuscitate the euro zone.

  • *Yaskawa jumps after raising profit, dividend forecasts. TOKYO, Jan 23- Japan's Nikkei share average rose to a near three-week high on Friday morning as risk sentiment was buoyed after the European Central Bank unveiled a bond-buying scheme to help revive the region's economy and stave off deflation. ECB President Mario Draghi said the central bank would...

  • Jan 22- DreamWorks Animation SKG Inc will cut about 500 jobs, more than a fifth of its workforce, and produce one fewer movie a year as part of a major restructuring after a string of box-office misses. Most of this charge will be incurred in the quarter ended Dec. 31 and the remainder by 2016. DreamWorks, which had about 2,200 employees as of Dec. 31, 2013, expects to...

  • Asian shares higher on ECB bets; BOJ leads Tokyo lower Wednesday, 21 Jan 2015 | 2:15 AM ET
    A man is reflected on an electronic stock quotation board outside a brokerage in Tokyo, November 17, 2014.

    Equity markets in Asia raked in gains on Wednesday, with the exception of Tokyo, bolstered by stimulus bets on the European Central Bank.

  • *Index-heavy Fast Retailing and SoftBank together take off hefty points from Nikkei. TOKYO, Jan 21- Japan's Nikkei share average fell on Wednesday as investors pocketed gains from the sharp rises in the past two sessions, but expectations that the European Central Bank will unveil stimulus measures this week limited losses. Index-heavy Fast Retailing Co and...

  • Lyft seeking new megafunding to battle Uber Friday, 16 Jan 2015 | 5:13 PM ET
    The Lyft app is demonstrated on an Apple iPhone 5s.

    Lyft this week set out to raise a new round of funding to help it catch up to the massive war chest raised by its rival Uber.

  • Pedestrians walk near the Swiss National Bank headquarters in Bern, Switzerland.

    Shanghai shares outperformed the region on Friday, as the rest of Asia languished on heightened volatility induced by the Swiss National Bank.