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Stock Market & Financial Investment News

News Breaks
February 25, 2014
06:11 EDTSFTBFSoftbank wants stake in Line Corp., Bloomberg reports
SoftBank Corp. wants to buy a stake in Line Corp., based in Tokyo, the mobile-messaging service controlled by South Korea’s Naver Corp., sources say, reports Bloomberg. Line has received at least one other offer for all or some of the company, slowing its preparations for an IPO, sources added. Line may be valued at as much as $14.9B, according to BNP Paribas estimates. Reference Link
News For SFTBF From The Last 14 Days
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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
July 18, 2014
09:18 EDTSFTBFSoftbank hire of Arora from Google 'interesting,' says Wells Fargo
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07:08 EDTSFTBFSoftbank, 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
13:44 EDTSFTBFSprint, 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 EDTSFTBFSprint plans for lengthy review of T-Mobile deal, Bloomberg reports
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