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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:49 EDTSFTBF, SSprint senior executive Fared Adib resigns, Reuters reports
Sprint is losing another senior executive as several have left since it was acquired last year by SoftBank (SFTBF), reports Reuters. Fared Adib, who was named by SoftBank to lead a new initiative last fall, has resigned, according to an internal memo obtained by Reuters.Reference Link
News For S;SFTBF From The Last 14 Days
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July 24, 2014
07:46 EDTSWells Fargo to hold a symposium
2014 Small Cell Symposium to be held in New York on July 24.
July 23, 2014
14:58 EDTSFTBFYahoo speculated as target for Alibaba, Softbank, Forbes contributor says
Forbes contributor Eric Jackson contends that after he previously published an article which wondered if Yahoo (YHOO) could be a takeover target and after "chatting with a large Yahoo shareholder," he now believes the most likely outcome is that either Alibaba (BABA) or SoftBank (SFTBF) buys Yahoo. Reference Link
13:01 EDTSSprint teams with Google to offer Google Apps for business
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July 21, 2014
07:45 EDTSSprint consensus estimates 'overly optimistic,' says Jefferies
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July 20, 2014
14:47 EDTSAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
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July 18, 2014
09:18 EDTS, SFTBFSoftbank hire of Arora from Google 'interesting,' says Wells Fargo
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07:08 EDTS, SFTBFSoftbank, T-Mobile final agreement could come after late August, Kyodo News says
According to Kyodo News, Softbank's (SFTBF) buyout talks with T-Mobile (TMUS) won't be settled until after late August. Deutsche Telecom (DTEGY) is "reluctant" to accept Softbank's business plan and is seeking a new plan, industry sources say. Reference Link
July 17, 2014
16:15 EDTSFTBFGoogle reports Chief Business Officer Nikesh Arora leaving to join Softbank
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July 15, 2014
15:32 EDTSPaulson sees T-Mobile takeover in high $30s, low $40s 'reasonable,' WSJ says
John Paulson, the fourth-largest shareholder in T-Mobile (TMUS) and the third largest stakeholder in Sprint (S), would support a merger of the two, which has been widely reported as being worked on, and said that a takeover price for T-Mobile in the "high $30s to low $40s" per share would be "reasonable," according to The Wall Street Journal, citing an interview with the investor. Reference Link
13:44 EDTSFTBF, SSprint, T-Mobile jointly raising $10B for airwave auction, WSJ says
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08:53 EDTSFTBFVMware announces partnerships with China Telecom, Softbank
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July 14, 2014
18:00 EDTSFTBF, SSprint plans for lengthy review of T-Mobile deal, Bloomberg reports
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17:44 EDTSSprint said to plan for lengthy review of T-Mobile deal, Bloomberg says
Sprint and T-Mobile reportedly planning 18-month drop-dead period for the deal, and Sprint lenders are looking for higher fees to commit longer term. Sprint and T-Mobile also considering a JV to bid for wireless spectrum, Bloomberg added.

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