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Apple Pledges $1 Billion In Softbank's Tech Fund; Good News For Sprint?
Wednesday, January 4, 2017 - 5:49pm | 427Read More...Apple Inc. (NASDAQ: AAPL) has pledged a $1 billion investment in Softbank Group Corp's (OTC: SFTBF) $100 billion new technology fund, “dedicated to investments in the technology sector globally." The tech giant is hoping new technologies that arise from the fund will come to...
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3,000 Down, 47,000 More To Go: SoftBank Making Good On Promise To Create American Jobs
Tuesday, December 20, 2016 - 3:41pm | 426Read More...President-elect Donald Trump met with SoftBank Group's CEO Masayoshi Son in early December at Trump Tower in New York City. The outcome of the meeting was a pledge by Son to invest $50 billion in U.S. businesses and create 50,000 new jobs. Promise To Provide Jobs Son so far is making good on his...
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What SoftBank's $50 Billion Investment Means For Sprint, Twitter
Wednesday, December 7, 2016 - 10:30am | 761Read More...The announcement from the man himself could be music to the ears of at least Sprint Corp (NYSE: S), Twitter Inc (NYSE: TWTR) and their shareholders. Following his meeting with SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY) CEO Masayoshi Son at the Trump Tower in New York, President-elect Donald...
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Sprint Stock Is Soaring; Possible Merger In The Works?
Wednesday, November 9, 2016 - 3:59pm | 453Read More...While the odds of the AT&T Inc. (NYSE: T)–Time Warner Inc (NYSE: TWX) merger are looking bleak due to the Trump victory, telecom company Sprint Corp (NYSE: S) is emerging as a big winner from Tuesday’s election. Sprint, Management And Mergers Sprint has provided a compelling...
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The Story Behind SoftBank's Acquisition Of ARM Holdings: From A Turkish Resort Town To Secret Meetings In London
Tuesday, July 19, 2016 - 8:56am | 378Read More...SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY)'s acquisition of ARM Holdings plc (ADR) (NASDAQ: ARMH) represents both the largest deal ever conducted by the Japan-based company and the first major M&A deal involving a British company post-Brexit. So how did it all come together? A Turkish Resort...
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Analyst Note Offers Explanation For Sprint's Recent Price Action
Thursday, June 23, 2016 - 11:34am | 307Read More...Sprint Corp (NYSE: S)'s stock is in a roll after hitting a seven-month high on Wednesday. Shares are now higher by more than 36 percent over the past three months, yet are still lower by 6 percent over the past year. The Wall Street Journal reported that Macquarie Group's Amy Yong offered an...
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SoftBank President Nikesh Arora Leaving Post Amid Investor Pressure
Tuesday, June 21, 2016 - 10:52am | 464Read More...Nikesh Arora, president and chief operating officer of Japan's SoftBank Group Corp (OTC: SFTBF) is stepping down amid pressure from investors, according to a company press release. The departure of Arora, who was Chief Executive Masayoshi Son's handpicked successor, will assume an advisory role,...
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Yahoo! Inc.-SoftBank Merger Rumor 'Makes More Sense' Than Previous Merger Talks
Wednesday, October 1, 2014 - 3:08pm | 692Read More...Yahoo! Inc. (NASDAQ: YHOO) and SoftBank (OTC: SFTBF) are being urged to merge. The push was started by Alternative Investment Management & Research SA, which sent a letter to Yahoo CEO Marissa Mayer and SoftBank Chairman Masayoshi Son. Earlier this week SoftBank was rumored to be talking...
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What Is T-Mobile Doing With ETFs?
Monday, June 2, 2014 - 3:31pm | 671Read More...T-Mobile (NYSE: TMUS) sees ETFs as key to its future. Sprint (NYSE: S) and parent Softbank Corp., hoping to merge with the company sooner rather than later, has to decide how it will deal with them. ETFs, in this situation standing for “Early Termination Fees,” are the meat...
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Speculation Continues About Dish/DirecTV Merger
Thursday, March 27, 2014 - 12:30pm | 619Read More...According to the Los Angeles Times, speculation about a merger between satellite broadcast companies Dish Network (NASDAQ: DISH) and DirecTV (NASDAQ: DTV) pops up about once every six months or so. Based on these rumors, the Times said, Dish and DirecTV stocks get a boost...then time passes,...
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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333Read More...U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Sources: SoftBank And Sprint Set To Decide On Possible T-Mobile Bid Soon
Thursday, February 6, 2014 - 2:17pm | 601Read More...In business, one way to eliminate competition is to buy it out. SoftBank founder, Masayoshi Son and Sprint (NYSE: S) CEO, Dan Hesse, are in the midst of making just such a decision with regards to T-Mobile US (NYSE: TMUS), according to Bloomberg. Of course, Son and Hesse would strongly argue...
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FCC Chairman 'Skeptical' of Sprint's Rumored T-Mobile Takeover
Tuesday, February 4, 2014 - 5:04pm | 563Read More...Sprint's rumored takeover of competitor T-Mobile (NYSE: TMUS) may be meeting with some regulatory issues, amid word that new Federal Communications Commission Chairman Tom Wheeler is against the acquisition. In a meeting with Sprint (NYSE: S) Chairman Masayoshi Son on Monday, Wheeler expressed...
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How Big A Role Will U.S. Regulators Play In A Potential T-Mobile Takeover?
Thursday, December 26, 2013 - 12:26pm | 618Read More...T-Mobile US (NYSE: TMUS) is a takeover target. That much seems almost certain. Whether it will eventually be acquired by Sprint (NYSE: S), Dish Network (NASDAQ: DISH) or someone else is open to debate. As the various players position themselves, one entity stands ready to make or break any...
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Sprint Beats Out Dish for Clearwire Spectrum (CLWR, DISH, S)
Tuesday, July 9, 2013 - 8:45am | 588Read More...The votes are in and counted and the winner is - Sprint Nextel (NYSE: S). Bloomberg reported Monday that investors holding or representing 82 percent of eligible Clearwire Corp. (NASDAQ: CLWR) shares voted to accept Sprint’s offer. The deal gives Sprint valuable Clearwire spectrum that would...
















