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  • TOKYO— SoftBank Group Corp., the Japanese technology company that owns U.S. wireless carrier Sprint Corp., reported Thursday a fiscal first quarter profit of 254.2 billion yen, up 19 percent from the same period last year. Healthy telecommunications operations in Japan offset losses at Sprint, helping lift quarterly sales by 3 percent to 2.13 trillion yen.

  • BT avoids call for breakup

    Neil Dwane, global strategist at Allianz Global Investors, discusses U.K. telecoms after regulators decided against breaking up BT's broadband business.

  • *Profits at Japan telecoms business offset Sprint losses. TOKYO, July 28- SoftBank Group Corp reported flat first-quarter operating profit as solid earnings for its domestic telecommunications business offset losses at U.S. unit Sprint Corp.. The Japanese telecoms and internet conglomerate, which this month said it would buy UK chip designer ARM for $32...

  • TOKYO, July 28- SoftBank Group Corp reported a 0.2 percent increase in first-quarter operating profit as solid profits in its domestic telecommunications business offset losses at U.S. unit Sprint Corp.. SoftBank, which owns more than 80 percent of the U.S. wireless carrier, said April-June operating profit increased to 319.24 billion yen from 318.56 billion...

  • Shares of the company, in which Deutsche Telekom holds a majority stake, rose as much as 2 percent to a nine-year high of $45.87 in morning trading on Wednesday. Under Chief Executive John Legere, T-Mobile has rolled out offers including free data for its users who play the popular smartphone game "Pokemon Go," its free video streaming service "BingeOn" and "T-Mobile...

  • Shares of the company, in which Deutsche Telekom holds a majority stake, rose as much as 2 percent to a nine-year high of $45.87 in morning trading on Wednesday. Under Chief Executive John Legere, T-Mobile has rolled out offers including free data for its users who play the popular smartphone game "Pokemon Go," its free video streaming service "BingeOn" and weekly...

  • July 27- T-Mobile US Inc's quarterly revenue and profit beat analysts' estimates as heavy promotions helped the No.3 U.S. wireless carrier attract customers and allowed it to raise its full-year forecast for postpaid subscriber additions. Shares of the company, in which Deutsche Telekom holds a majority stake, rose as much as 2 percent to a nine-year high of...

  • The company's shares rose 2.8 percent to $46.25 in premarket trading on Wednesday. Net income fell by more than a third to $225 million, or 25 cents per share, in the quarter ended June 30. Analysts on average had expected earnings of 20 cents per share and revenue of $9.03 billion, according to Thomson Reuters I/B/E/S.

  • BELLEVUE, Wash.— T-Mobile US Inc. on Wednesday reported second-quarter net income of $225 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Ten analysts surveyed by Zacks expected $9.04 billion.

  • July 27- T-Mobile US Inc, the No.3 U.S. wireless carrier, reported a 12.8 percent rise in quarterly revenue as its promotional offerings attracted subscribers. However, net income attributable to the company fell to $225 million, or 25 cents per share, in the second quarter from $361 million, or 42 cents per share, a year earlier. Net revenue rose to $9.2 billion, the...

  • SAO PAULO, July 26- Brazilian equities rose on Tuesday as higher prices of iron ore lifted shares of miner Vale SA following a heavy batch of corporate reports. Iron ore futures listed in China rose more than 2 percent on Tuesday as steel prices recovered from a steep fall last week. But the Mexican benchmark index IPC seesawed as traders avoided making big bets...

  • Verizon earnings hurt by strike

    The telecom giant reported mixed quarterly earnings results early Tuesday.

  • Stocks to Watch: July 26, 2016

    Verizon, Anheuser-Busch and Gilead Sciences are making headlines this morning before the opening bell.

  • The company's total operating revenue fell to $30.53 billion in the second quarter, from $32.22 billion a year earlier. Verizon's net income attributable to Verizon fell to $702 million, or 17 cents per share, from $4.23 billion, or $1.04 per share, a year earlier. Excluding items, Verizon earned 94 cents per share, beating the average analysts' estimate of 92 cents.

  • The company's total operating revenue fell to $30.53 billion in the second quarter ended June 30, from $32.22 billion a year earlier. Net income attributable to Verizon fell to $702 million, or 17 cents per share, from $4.23 billion, or $1.04 per share, a year earlier. Excluding items, Verizon earned 94 cents per share, beating the average analysts' estimate of 92...

  • The company, which suffered a six-week long strike by 40,000 wireline workers during the second quarter, said net income attributable to Verizon fell to $702 million, or 17 cents per share, from $4.23 billion, or $1.04 per share, a year earlier. Total operating revenue fell to $30.53 billion from $32.22 billion. Verizon said on Monday it would buy Yahoo Inc's core...

  • Verizon Yahoo

    Yahoo started out as a search company but got involved in several other things, and then Google came along, says Creative Strategies' Tim Bajarin.

  • Verizon Yahoo

    It might not be Marissa Mayer's choice to remain or leave Yahoo, says S&P Global Market Intelligence's Scott Kessler.

  • Sprint Corp., up $1.28 to $5.90. Yahoo Inc., down $1.06 to $38.32. Verizon agreed to buy Yahoo's internet business for $4.83 billion as it seeks a wider digital audience.

  • Marissa Mayer

    Verizon Yahoo deal shows just how important content has become in the mobile advertising wars, says Bruce Abramson.

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