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Lotte Corp shares down more than 7 percent after group chief arrested

SEOUL (Reuters) - Shares in Lotte Corp , the holding company of Lotte Group, declined more than 7 percent to a near eight-week low early on Wednesday, after the group's chairman was jailed for bribery......»»

Category: topSource: reutersFeb 13th, 2018

SoftBank looks to have topped out buy-up of Sprint stock

Sprint Corp.’s primary owner has nearly maxed out the amount of stock it can buy. As of Jan. 17, SoftBank Group Corp. owned 84.94 percent of Sprint's (NYSE: S) outstanding shares. If SoftBank’s holdings reach 85 percent, it will be required to b.....»»

Category: topSource: bizjournalsJan 22nd, 2018

SoftBank may be near end of Sprint stock purchases

Sprint Corp.'s primary owner may end its buying spree soon, as it nears its 85 percent ownership threshold. Since it began buying up Sprint shares (NYSE: S) on Nov. 6, SoftBank Group Corp.'s stake in the company has increased to 84.77 percent. Soft.....»»

Category: topSource: bizjournalsJan 17th, 2018

SoftBank Group Corp (TYO:9984) on the Move

SoftBank Group Corp (TYO:9984) on the Move Shares in Japan’s SoftBank Group soared nearly six percent early Monday on reports it could list its mobile unit, potentially raising some $18 billi.....»»

Category: topSource: livetradingnewsJan 14th, 2018

Uber ex-CEO Kalanick selling nearly a third of stake for $1.4bn

Kalanick's sale is part of a deal struck by a consortium led by SoftBank Group Corp which is taking a 17.5 percent stake in Uber, mostly by buying shares from early investors and employees......»»

Category: topSource: moneycentralJan 5th, 2018

SoftBank succeeds in bid to buy Uber shares

A consortium led by SoftBank Group Corp successfully bought a large number of shares of Uber Technologies Inc in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, handing a victory to new Chief Executive Dara Khosrowshahi......»»

Category: topSource: foxnewsDec 28th, 2017

CSX falls on CEO death; investors seek turnaround clarity

(Reuters) - CSX Corp's shares fell 3 percent on Monday as the death of Chief Executive Hunter Harrison left investors worried about the No.3 U.S. railroad's turnaround plan under acting CEO Jim Foote......»»

Category: topSource: reutersDec 18th, 2017

SoftBank offers to buy Uber shares at a big discount

Japan's SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday......»»

Category: topSource: moneycentralNov 28th, 2017

SoftBank offers to buy Uber shares at a big discount

Japan's SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday......»»

Category: topSource: moneycentralNov 28th, 2017

SoftBank offers to buy Uber shares at 30 percent discount - Reuters

ReutersSoftBank offers to buy Uber shares at 30 percent discountReutersSAN FRANCISCO (Reuters) - Japan's SoftBank Group Corp is .....»»

Category: topSource: googlenewsNov 27th, 2017

Benzinga"s Top Upgrades, Downgrades For August 14, 2017

Top Upgrades Evercore ISI Group upgraded FirstEnergy Corp. (NYSE: FE) from In-Line to Outperform. FirstEnergy shares rose 0.47 percent to $32.32 in pre-market trading. Lates.....»»

Category: blogSource: benzingaAug 14th, 2017

Sprint hints at deal prospects, shares surge

NEW YORK (Reuters) - Sprint Corp shares jumped more than 10 percent on Tuesday after its chief executive said an announcement on merger talks should come in the "near future" and the company reported a quarterly profit for the first time in three years......»»

Category: topSource: reutersAug 1st, 2017

Benzinga"s Top Upgrades, Downgrades For March 7, 2017

Top Upgrades Evercore ISI Group upgraded Targa Resources Corp (NYSE: TRGP) from In-Line to Outperform. Targa Resources shares gained 0.40 percent to close at $58.32 on Monday. Latest Ratings for TRGP D.....»»

Category: blogSource: benzingaMar 7th, 2017

Gap brand CEO Jeff Kirwan to leave retailer, shares fall

(Reuters) - Gap Inc said on Tuesday that Jeff Kirwan, president and chief executive of its eponymous brand will leave the apparel retailer, pushing its shares down 4.2 percent......»»

Category: topSource: reuters16 min. ago

Gap brand CEO Jeff Kirwan to leave retailer

(Reuters) - Gap Inc said on Tuesday that Jeff Kirwan, president and chief executive of its eponymous brand will leave the apparel retailer, pushing its shares down 5 percent......»»

Category: topSource: reuters46 min. ago

MiMedx: Latest Short Seller Accusation "Unsubstantiated," Intended To Manipulate Stock Price

MiMedx Group Inc (NASDAQ: MDXG) shares closed down 6.6 percent Friday after Aurelius Value revived an old offensive and accused the firm of “serious and pervasive fraud” in an open letter to auditors. read more.....»»

Category: blogSource: benzingaFeb 16th, 2018

Analyst: Take Advantage Of Omnicom"s "Chunky" Q4 Report

Omnicom Group Inc. (NYSE: OMC) reported fourth quarter results, which sent shares lower by around 7 percent Thursday. Despite a revenue miss and a drop in net income, at least one analyst turned bullish on the stock. Latest Ratings for OMC Date.....»»

Category: blogSource: benzingaFeb 16th, 2018

MiMedx Group, Inc. (MDXG) and Marrone Bio Innovations, Inc. (MBII) Activist Update

State Street Corp has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 7,873,295 shares of MiMedx Group, Inc. (NASDA.....»»

Category: blogSource: valuewalkFeb 16th, 2018

Synergy Pharmaceuticals, Inc. (SGYP) and Forward Industries, Inc. (FORD) Activist Update

State Street Corp has filed an SC 13G form with the Securities and Exchange Commission (SEC) disclosing ownership of 20,455,046 shares of Synergy Pharmaceuticals, Inc. (NASDAQ:SGYP). This represents 8.29 percent ownership of .....»»

Category: blogSource: valuewalkFeb 15th, 2018

Mid-Afternoon Market Update: Dow Jumps Over 200 Points; Fossil Group Shares Climb On Upbeat Earnings

Toward the end of trading Wednesday, the Dow traded up 0.88 percent to 24,856.27 while the NASDAQ climbed 1.67 percent to 7,130.36. The S&P also rose, gaining 1.23 percent to 2,695.60. read more.....»»

Category: blogSource: benzingaFeb 14th, 2018

Why Fossil"s Huge Move Might Not Last Too Long

Fossil Group Inc (NASDAQ: FOSL) shares soared higher by more than 60 percent Wednesday after the company shocked Wall Street and short sellers with better-than-feared fourth-quarter earnings and 2018 Latest Ratings fo.....»»

Category: blogSource: benzingaFeb 14th, 2018