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Latest Articles in softbank corp

SoftBank Group's Sale Of 5% Telco Unit Stake To Raise $2.9 Billion

SoftBank needs cash for a record stock buyback aimed at supporting the price of its shares, as its tech investments falter.

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Japanese Telco SoftBank Sees Full-Year Operating Profit Stable At $8.6 Billion

SoftBank Corp reported a 32% rise in operating profit in the three months ended March to 116.6 billion yen, compared with 88.7 billion yen a year earlier.

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Softbank Bolsters Investment Team With Ex-Goldman Hire

SoftBank is looking at walking away from a tender offer to employees and shareholders following its bailout of the firm.

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SoftBank Group's Share Rally Ends After Moody's Downgrade

SoftBank has said it will raise up to $41 billion (34.7 billion pounds) through asset sales for its largest-ever buyback to support its share price following investor concern over the outlook for its tech bets.

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SoftBank Shares Close Down 17% In Biggest One-Day Fall

SoftBank racked up the second biggest fall in the benchmark index, breaking the 3,000-yen level to close at 2,687 yen.

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T-Mobile, Sprint Amend Merger Terms, Softbank Takes A Hit

SoftBank can get the shares back if the combined company hits stock price milestones, the companies said without disclosing the details.

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Softbank Corp CEO Sees Elliot Investment As 'Positive'

SoftBank Group's shares, which company executives think are chronically undervalued, closed up 7% on Friday after reports of the Elliot investment.

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U.S. Allows Softbank-Backed Nuro To Deploy Driverless Delivery Vehicles

Nuro, which was co-founded in 2016 by two former engineers of Google’s self-driving car project, said last year it raised $940 million from SoftBank Group Corp which valued the Silicon Valley-based company at $2.7 billion.

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Grab Invests $100 Million In Indian Hotel Startup OYO: Source

The investment by Grab is part of the $1 billion fund raise OYO announced in September in a bid to grow its business in India and China, and expand into new international markets

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Japan's SoftBank Steps Closer To Transformation With $21 Billion Mobile IPO

SoftBank's bets so far have been as varied as small gaming startups, ride-hailing firms such as Uber Technologies Inc, and e-commerce behemoth Alibaba Group Holding Ltd

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