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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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May 21, 2015
06:26 EDTSFTBFYahoo Japan selects SoftBank President Arora as new chairman, Reuters says
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May 13, 2015
06:55 EDTSFTBFInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
May 11, 2015
06:15 EDTSFTBFSoftbank CEO names Nikesh Arora as president, WSJ reports
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