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Stock Market & Financial Investment News

News Breaks
July 21, 2013
17:57 EDTALBCF, SFTBFNext Softbank catalyst is Alibaba.com IPO, Barron's says
The Alibaba.com (ALBCF) IPO, expected in September, is the next big catalyst for Softbank (SFTBF) and as Alibaba's valuation increases, Softbank's valuation grows as well, Barron's reports in its International Trader column. Reference Link
News For SFTBF;ALBCF From The Last 14 Days
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January 26, 2015
06:44 EDTSFTBFSoftbank awaiting Yahoo announcement on Alibaba, WSJ says
Yahoo's (YHOO) upcoming announcement regarding its 15% Alibaba (BABA) stake and 35.5% Yahoo Japan stake may affect Softbank's (SFTBF) plans for Alibaba, reports the Wall Street Journal's Digits blog, citing an SMBC Nikko analyst. Sprint (S)-owner Softbank has a 32% stake in Alibaba and a 43% stake in Yahoo Japan. Analysts say Softbank is unlikely to purchase Yahoo's shares in either company, though a Yahoo Japan buyback is "more plausible." Reference Link
January 20, 2015
06:06 EDTSFTBFDreamWorks planning to lay off 'substantial' number of staff, LA Times reports
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