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SoftBank's ( OTCPK:SFTBF , OTCPK:SFTBY ) plan to buy $3B of WeWork ( WE ) stock would benefit five investors, including Benchmark and WeWork co-founder Adam Neumann, according to Bloomberg sources . More news on: SoftBank Group Corp., SoftBank Group Corp., The We Company, Tech s...
SoftBank-backed ( OTCPK:SFTBF , OTCPK:SFTBY ) Ola is asking for loan waivers for drivers and delayed tax payments to help offset the 21-day national lockdown in India, according to Reuters sources . More news on: SoftBank Group Corp., SoftBank Group Corp., Uber Technologies, Inc., Te...
Softbank (OTC: SFTBF) reacted swiftly to its debt downgrade from Moody's . The Japanese conglomerate demanded that the ratings company remove all debt ratings on the company after Moody's downgraded Softbank's debt by two notches, sinking it deeper into junk territory. Softbank has come un...
Moody's cuts SoftBank ( OTCPK:SFTBF , OTCPK:SFTBY ) from Ba1 to Ba3. More news on: SoftBank Group Corp., SoftBank Group Corp., Tech stocks news Read more ...
SoftBank ( OTCPK:SFTBF , OTCPK:SFTBY ) Masayoshi Son raises his stake from 25.5% to 26.9% and commits an extra 600K shares to lenders, meaning about 39% of his stake is pledged to lenders. More news on: SoftBank Group Corp., SoftBank Group Corp., Tech stocks news Read more ...
SoftBank ( OTCPK:SFTBF , OTCPK:SFTBY ) explored going private over the last week, according to FT sources . More news on: SoftBank Group Corp., SoftBank Group Corp., Tech stocks news Read more ...
SoftBank ( OTCPK:SFTBF , OTCPK:SFTBY ) plans to sell $14B in Alibaba (NYSE: BABA ) shares as part of its efforts to raise $41B , according to Bloomberg sources . More news on: SoftBank Group Corp., SoftBank Group Corp., Alibaba Group Holding Limited, Tech stocks news Read mo...
SoftBank ( OTCPK:SFTBF , OTCPK:SFTBY ) is nearing a deal to invest $300M in Didi's ( DIDI ) self-driving vehicle subsidiary, according to The Information sources . The tech giant is Didi's largest investor. More news on: SoftBank Group Corp., SoftBank Group Corp., Didi Chuxing, Tech ...
Last week, a WSJ report said SoftBank ( OTCPK:SFTBF , OTCPK:SFTBY ) wanted to back out of the $3B share repurchase part of its WeWork ( WE ) bailout. More news on: SoftBank Group Corp., SoftBank Group Corp., The We Company, Tech stocks news Read more ...
SoftBank-backed ( OTCPK:SFTBF , OTCPK:SFTBY ) satellite operator OneWeb is considering bankruptcy due to a combination of low cash, high costs, and stiff competition, according to Bloomberg sources . More news on: SoftBank Group Corp., SoftBank Group Corp., Tech stocks news Read m...
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2024-07-21 12:06:00 ET Its durable cameras might be popular with folks taking action footage, but GoPro (NASDAQ: GPRO) hasn't been a great success as a stock. After a sustained period of excitement following its 2014 IPO, investors have largely shunned the company. Might that ch...
2023-12-30 09:30:00 ET When T-Mobile (NASDAQ: TMUS) completed its merger with Sprint in 2020, it effectively put a cap on its stock price for the next few years. As part of the merger agreement, Softbank (OTC: SFTB.Y) (OTC: SFTBF) forfeited 48.8 million shares of T-M...
2023-09-13 10:06:30 ET T-Mobile (NASDAQ: TMUS) stock has consistently butted heads with a $150 share price, but that could change soon. There's a good reason T-Mobile shares are stuck below $150. As part of its merger agreement with Sprint, Softbank (OTC: SFTB.Y) (OTC:...