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SoftBank Group"s share rally ends after Moody"s downgrade

SoftBank Group Corp's shares fell 8% in early trade on Thursday, ending a 55% rally in the stock, after Moody's downgraded the tech conglomerate's debt rating by two notches over plans to sell prime assets into a volatile market......»»

Category: topSource: reutersMar 25th, 2020

Going Down With The Ship: After Raging At Moody"s For Downgrade To Deep Junk, Masa Son Pledges 40% Of SoftBank Stake To Lenders

Going Down With The Ship: After .....»»

Category: blogSource: zerohedgeMar 27th, 2020

Moody"s downgrades SoftBank to Ba3, ratings on review for further downgrade

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 25th, 2020

SoftBank"s credit downgraded 2 notches, further into "junk" territory

Japan-based investment holding company SoftBank Group Corp.'s credit was downgraded Wednesday two notches at Moody'a Investors Service, and is now three notches deep into "junk" territory. The ratings agency cit.....»»

Category: topSource: marketwatchMar 25th, 2020

SoftBank shares jump 20% on record buyback announcement

SoftBank Group Corp stock jumped 20% on Tuesday, extending a run that began a day earlier when the Japanese tech investor announced up to $41 billion in asset sales and a record share buyback to shore up its collapsing share price......»»

Category: topSource: reutersMar 23rd, 2020

SoftBank to raise $41 billion to expand share buyback, cut debt

SoftBank Group Corp said on Monday it is selling or monetizing up to 4.5 trillion yen ($41 billion) in assets to buy back 2 trillion yen of its shares and reduce debt, sending its stock soaring to its biggest daily gain in nearly 12 years......»»

Category: topSource: reutersMar 23rd, 2020

WeWork"s Market Share Reportedly Falls By Half Following Botched IPO

Months after its failed IPO attempt and emergency financing by SoftBank Group Corp - ADR (OTC: SFTBY), WeWork's business is substantially softening.  0 read more.....»»

Category: blogSource: benzingaJan 16th, 2020

The Ratings Game: AMD share gains will start getting harder, analyst says in downgrade

High-flying Advanced Micro Devices Inc. is the best performer in the S&P 500 so far this year, but one analyst thinks that rally has gotten ‘ahead of fundamentals.’.....»»

Category: topSource: marketwatchNov 21st, 2019

SoftBank to tighten governance at start-ups after WeWork debacle: FT

SoftBank Group Corp is expected to outline tougher governance standards and restrictions on dual-class share structures on Wednesday after WeWork pulled its IPO, the Financial Times reported on Monday, citing people briefed on the plan......»»

Category: topSource: reutersNov 4th, 2019

SoftBank to tighten governance at start-ups after WeWork debacle

SoftBank Group Corp is expected to outline tougher governance standards and restrictions on dual-class share structures on Wednesday after WeWork pulled its IPO, the Financial Times reported on Monday, citing people briefed on the plan......»»

Category: topSource: reutersNov 4th, 2019

Goldman sees U.S. election putting the brakes on share buybacks

Goldman Sachs Group Inc. strategists warn that next year’s contest for the White House may put a cap on a key driver of the Wall Street equity rally: stock buybacks. “The uncertainty surrounding the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 26th, 2019

As The Tide Goes Out, SoftBank Has Been Swimming Naked All Along

As The Tide Goes Out, SoftBank Has Been Swimming Naked All Along Earlier this year, Japan's SoftBank Group Corp. announced a $5.5 billion share buyback program as i.....»»

Category: blogSource: zerohedgeOct 1st, 2019

Match Group stock gets a downgrade after massive rally

Match Group Inc. shares are off 5.4% in Thursday morning trading after UBS analyst Eric Sheridan downgraded the stock to neutral from buy. The rating change comes after the company's better-th.....»»

Category: topSource: marketwatchAug 8th, 2019

SoftBank Group to book 1.2 trillion yen profit on Alibaba share sale

Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd......»»

Category: topSource: reutersJun 4th, 2019

SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stake

Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a $3.8 billion valuation gain on its stake in Uber......»»

Category: topSource: reutersMay 9th, 2019

SoftBank Group unveils stock split, rakes in higher profit on tech bets

Japanese conglomerate SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a better-than-expected annual profit......»»

Category: topSource: reutersMay 9th, 2019

Wirecard eyes share buybacks, sales leads from Softbank alliance

German payments firm Wirecard is considering buying back shares following its partnership with Japan's Softbank Group which it said on Wednesday had already created leads for potential cooperation in digital payments......»»

Category: topSource: reutersMay 8th, 2019

Share rally cools as Trump turns trade heat on Europe

The dollar fell and the rally in global equities lost steam on Tuesday as a U.S. threat to slap tariffs on hundreds of European goods and a downgrade by the International Monetary Fund in its global economic growth forecasts dimmed the appetite for risk......»»

Category: topSource: reutersApr 9th, 2019

Backed by Alibaba stake, SoftBank borrows $8 bn from at least 10 lenders

The loan, guaranteed only by the Alibaba holding, won't be reflected in the group's debt and may help shield against a potential ratings downgrade.....»»

Category: topSource: business-standardApr 6th, 2018

Assurant (AIZ) & Units Downgraded by Moody"s, Outlook Stable

Following the completion of The Warranty Group buyout, Moody's downgrade senior debt ratings of Assurant (AIZ) and its subsidiaries to.....»»

Category: dealsSource: nytJun 4th, 2018

Alibaba Group Holding Limited (NYSE:BABA) Alibaba Ends Day Higher

Alibaba Group Holding Limited (NYSE:BABA) Alibaba Ends Day Higher Alibaba Group Holdings Ltd. (NYSE: BABA), briefly lost $4.12 per share in early trading, but recovered to $208.57 per ADS, up 57 cents .....»»

Category: topSource: livetradingnewsJun 19th, 2018