Search Results for: SoftBank
Nerves ahead of US jobs bring down Asian stocks
September 4th, 2015
Asian stocks declined on the final trading day of the week, as investors awaited the U.S. nonfarm payrolls report for August that may play a crucial role in the Federal Reserve‘s decision about when to lift interest rates. A ...
Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent
April 15th, 2015
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company is expected to become the world’s second-largest telecom equipment manufacturer ...
China’s taxman is coming for Alibaba
April 8th, 2015
China stands to collect billions of dollars in taxes as Alibaba insiders unload shares held under lock-and-key since the tech firm’s record-breaking market debut last year. Two of the company’s “lock up” agreements have now expired, releasing an additional ...
Sprint’s CEO faces mounting challenges to turn company around
November 5th, 2014
When Marcelo Claure took the top job at Sprint Corp (S.N) two months ago, he faced an uphill climb in turning around the No. 3 U.S. cellular provider. On Monday, it became clear quite how steep that road to ...
Google’s revenue falls short despite curbing price declines
October 17th, 2014
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. The total number of ads, or ...
Asian Equities Mixed on Soft Lead
September 9th, 2014
Asian indices were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival. Overnight in the U.S., Wall Street closed mixed with energy producers leading losses on oil’s ...
Mega-IPO to rekindle the ‘bromance’ behind Alibaba’s rise
August 28th, 2014
Masayoshi Son’s nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could ...
Sprint cuts rates, CEO says more new plans to come
August 19th, 2014
Sprint Corp (S.N) on Monday unveiled a new pricing plan that offers customers 20 gigabytes of data and up to 10 lines for $100, doubling its data offerings, the latest in a string of price cuts and promotions sweeping ...
T-Mobile deal collapse could spark telecom price war
August 7th, 2014
Sprint Corp’s (S.N) newly appointed Chief Executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of U.S. handsets to Latin America, into a distributor valued at $2.2 billion when it ...
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
