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Even A Chastened SoftBank Leans On Engineering
Article By: Lipper Alpha Insight Wednesday, June 3, 2020 6:57 AM EDT
Sometimes it’s hard to tell which Masayoshi Son loves more: new technology or creative finance. The mercurial SoftBank boss uses an abundance of the latter to fund excesses in the former.
In this article: SFTBY Also: BABA
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SoftBank Plans $20B Offering Of Its T-Mobile Shares In Addition To Sale To Deutsche Telekom
Article By: Benzinga Tuesday, May 19, 2020 8:08 AM EDT
SoftBank Group Corp is looking to sell about $20 billion worth of its shares in T-Mobile Us Inc. in a secondary offering, according to a Wall Street Journal report late Monday.
In this article: DTEGF, SFTBY, TMUS Also: GS, MS
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SoftBank Posts Record $12.7B Operating Loss In 2019-20 As Ambitious Tech Bets Fail To Deliver
Article By: Benzinga Monday, May 18, 2020 8:40 AM EDT
SoftBank Group Corporation reported its earnings for the entire financial year between April 2019 to March 2020 on Monday.
In this article: SFTBY Also: TMUS, UBER
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SoftBank Facing Record Losses As Startup Investments Fail To Deliver
Article By: Benzinga Tuesday, April 14, 2020 4:38 AM EDT
SoftBank Group Corp. is forecasting record losses for the financial year that ended March 2020, as its Vision Fund and other investments flounder.
In this article: SFTBY Also: UBER
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SoftBank $41B Buyback Sends Stock Soaring
Article By: Benzinga Monday, March 23, 2020 10:53 AM EDT
SoftBank Group Corp’s directors have approved a plan to repurchase shares totaling 4.5 trillion yen or $41 billion, leading to the company's stock registering the biggest daily gains in 12 years.
In this article: SFTBY
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WeWork's Lease Activity Crashed 93% In 4Q After Failed IPO
Article By: Tyler Durden Sunday, January 19, 2020 2:38 PM EDT
Several months after WeWork’s failed IPO the office-sharing company leased just four new sites for a combined 184,00 sq. Ft. of space in 4Q19, marking a 93% plunge from its quarterly average rate of 2.54 million sq. ft. over the last four quarters.
In this article: WE, SFTBY
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Zume: SoftBank’s $4 Billion Pizza
Article By: Tim Knight Sunday, January 12, 2020 1:35 PM EDT
The Zume company are essentially vans with pizza-making robots roaming from place to place. And who poured the most money into this venture? SoftBank. The robots may be impressive, but apparently the pizzas they make are not.
In this article: SFTBY
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SoftBank Is No Longer Getting A Pass
Article By: Andrew Gordon Saturday, January 11, 2020 11:06 PM EDT
SoftBank Is No Longer Getting a Pass
In this article: SFTBY Also: WE, UBER
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Top Five Weekend Stock Stories - Dec. 29, 2019
Article By: The Fly Sunday, December 29, 2019 11:33 PM EDT
Catch up on the weekend's top five stories with this list compiled by The Fly...
In this article: BA, DIS, TSM, SFTBF, SFTBY, AMAT, ATVI, TWTR, SMAR, WE, DDOG
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SoftBank $3B Bailout Bid For WeWork Stuck As Banks Considering 'Credit Risk'
Article By: Benzinga Monday, December 23, 2019 7:42 AM EDT
Earlier this month, SoftBank secured a $1.75 billion line of credit from Goldman Sachs Group Inc.
In this article: SFTBY Also: MZHOF, MBFJF, SMFG, GS
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T-Mobile CEO Legere Not Taking Top Job At WeWork
Article By: The Fly Friday, November 15, 2019 3:39 PM EDT
T-Mobile (TMUS) Chief Executive Officer John Legere isn't taking the top job at WeWork (WE), CNBC's Alex Sherman reports.
In this article: S, SFTBY, TMUS, WE
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WeWork Posts Record Loss In Q3: Report
Article By: Benzinga Thursday, November 14, 2019 5:39 AM EDT
Co-working space startup WeWork made a net loss of $1.25 billion in the third quarter in 2019, the company told its investors on Wednesday, according to the Wall Street Journal.
In this article: SFTBY Also: UBER
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Top Five Weekend Stock Stories For September 22, 2019
Article By: The Fly Sunday, September 22, 2019 10:55 PM EDT
Catch up on the weekend's top five stories with this list compiled by The Fly/
In this article: ABC, ABT, CAH, CL, CMG, CVS, DAL, DB, JNJ, K, KMB, KO, MCD, MCK, PEP, PG, WAB, WEN, YUM, BNPQY, REAL, SFTBF, SFTBY, CMCSA, CMCSK, ENDP, MSFT, MYL, TEVA, FB, MNK, FANG, QSR, EHC, AMRX, WE
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Opening Day: Datadog Rises Over 50% In Market Debut
Article By: The Fly Sunday, September 22, 2019 1:47 PM EDT
Shares of Datadog surged as much as 53% in its first trading day, closing Friday at $36.15 after raising $648M in its initial public offering. Before the listing, the company had received a bid from CISCO that would have valued it at much more.
In this article: EDR, SFTBF, SFTBY, CSCO, PING, WE
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Top Five Weekend Stock Stories - May 12, 2019
Article By: The Fly Sunday, May 12, 2019 11:53 PM EDT
Catch up on the weekend's top five stories with this list compiled by The Fly...
In this article: APD, DIS, GM, HON, JPM, MKC, NEE, SRE, UPS, SFTBF, SFTBY, JBHT, MSFT, TEVA, TROW
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WeWork Seeking To Go Public
Article By: Benzinga Monday, April 29, 2019 3:16 PM EDT
After getting a lot less investment than anticipated from Softbank, WeWork - known for raising, and spending, billions - is talking IPO.
In this article: WE, SFTBY
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