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Stock Market & Financial Investment News

News Breaks
July 21, 2013
17:57 EDTSFTBF, ALBCFNext 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
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September 2, 2014
10:24 EDTSFTBFVodafone speculated as takeover target for Softbank, Nikkei says
Since SoftBank (SFTBF) abandoned its pursuit of Sprint (S), some observers have suggested the company shifted gears to pursue another acquisition, Vodafone (VOD), instead, with one SoftBank executive quoted by the Nikkei Asian Review as having said, "I wouldn't be surprised if our CEO acquired Vodafone, since we are no strangers to each other." Shares of Vodafone have come off their earlier lows and turned positive in early trading in New York following the circulation of the Nikkei report. Reference Link
07:39 EDTSFTBFSoftbank to launch robot in U.S. Sprint stores, Bloomberg reports
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August 31, 2014
19:28 EDTSFTBFAmerica Movil to sell assets to appease Mexican regulators, Bloomberg says
In order to abide by anti-trust regulations in Mexico, America Movil (AMX, AMOV) has hired Bank of America to sell some assets, says Bloomberg. Potential buyers of the assets include AT&T (T) and SoftBank (SFTBF), added Bloomberg. Reference Link
August 29, 2014
06:19 EDTSFTBFSprint to carry Sony's next Xperia phone in the U.S., WSJ reports
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August 22, 2014
05:28 EDTSFTBFSoftbank capital raise could be used for acquisitions, Bloomberg says
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