Advertisements


Two experts break down SoftBank"s first earnings loss in 14 years

SoftBank reported its first quarterly loss in 14 years on Wednesday, including a nearly nine billion dollar hit at its Vision Fun.....»»

Category: realestateSource: cnbcNov 6th, 2019

ExxonMobil tumbles after oil-market chaos drives first quarterly earnings loss since 1988

Reuters ExxonMobil shares slid as much as 2.6% on Friday after the firm posted its first quarterly loss in 32 years. The energy company is am.....»»

Category: topSource: businessinsiderMay 1st, 2020

SoftBank shares fall 3.5% after flagging first FY loss in 15 years

SoftBank took a hit due to the tumbling value of bets on unproven startups.....»»

Category: topSource: foxnewsApr 14th, 2020

SoftBank shares fall 3.5% after flagging first financial year loss in 15 years

SoftBank Group Corp shares fell 3.5% on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the year ended March due to the tumbling value of bets on unproven startups......»»

Category: topSource: reutersApr 13th, 2020

Fading Vision Fund to tip SoftBank into first loss in 15 years

SoftBank expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen ($16.5 billion) due to the worsening performance of its tech bets, which will tip the group as a whole into its first loss for 15 years......»»

Category: topSource: reutersApr 13th, 2020

Ford reports $1.7 billion loss, weak 2020 forecast

Ford shares nosedived after the automaker reported earnings that missed Wall Street’s estimates. Yahoo Finance’s Jared Blikre joins Seana Smith on The Ticker to break down the details......»»

Category: topSource: moneycentralFeb 5th, 2020

Boeing climbs after burning less cash than expected last quarter, despite posting its first annual loss in more than 20 years

Reuters Boeing released fourth-quarter earnings Wednesday, reporting the first annual loss in over 20 years. But the company burned through less cash than expected, providing a glimmer of hope in an otherwise .....»»

Category: topSource: businessinsiderJan 29th, 2020

SoftBank Group shares slide over 4% after massive quarterly loss

Shares of SoftBank Group fell more than 4% in early trade on Thursday after the Japanese conglomerate reported a $6.5 billion quarterly loss, its first such loss in 14 years, dragged down by a massive hit at its giant Vision Fund......»»

Category: topSource: reutersNov 6th, 2019

SoftBank CEO says there will be no "rescue" investments after WeWork debacle

After SoftBank reported its first quarterly loss in 14 years on Wednesday, CEO Masayoshi Son told investors that there may be more failures in the Vision Fund......»»

Category: realestateSource: cnbcNov 6th, 2019

SoftBank"s Son admits mistakes after Vision Fund"s $8.9 billion loss

SoftBank plunged to its first quarterly loss in 14 years on Wednesday, dragged down by an $8.9 billion hit at its giant Vision Fund, as CEO Masayoshi Son admitted poor investment judgment and turning a blind eye to problems at startup WeWork......»»

Category: topSource: reutersNov 6th, 2019

SoftBank"s Son humbled by WeWork debacle

SoftBank plunged to its first quarterly loss in 14 years Wednesday after valuations tumbled for some of its top tech bets, not least WeWork. Julian Satterthwaite reports......»»

Category: videoSource: reutersNov 6th, 2019

SoftBank CEO Son says his judgment on WeWork was poor in many ways

SoftBank Group Corp fell into the red in the second quarter for the first time in 14 years, with its gigantic Vision Fund suffering a 970 billion yen ($8.9 billion) loss on plunging valuations of WeWork and Uber Inc......»»

Category: topSource: reutersNov 6th, 2019

SoftBank"s Son humbled after Vision Fund"s $8.9 billion loss

SoftBank reported its first quarterly loss in 14 years on Wednesday, whiplashed by an $8.9 billion hit at its giant Vision Fund and marking a rare, humbling moment for CEO Masayoshi Son over his backing of troubled startup WeWork......»»

Category: topSource: reutersNov 6th, 2019

Market Snapshot: Stocks pressured as investors brace for new earnings season

U.S. stocks retreat Monday, setting up the S&P 500 to break its longest string of daily gains since October 2017, as investors braced for what some believe will be one of the weakest earnings seasons in recent years......»»

Category: topSource: marketwatchApr 8th, 2019

SoftBank Fixes Four Years of Tax Filings After Failing to Report Some Earnings

Japanese authorities uncovered about $875 million worth of unreported earnings at subsidiaries, located in Bermuda and Singapore, of its U.S. telecom units Sprint and Brightstar......»»

Category: smallbizSource: wsjApr 18th, 2018

SoftBank fixes four years of tax filings due to unreported earnings, WSJ says

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: theflyonthewallApr 18th, 2018

NewsWatch: There’s evidence that Apple’s stock could finally break out

The company’s ace in the hole — software and services — could earn it a higher price-to-earnings multiple over the next few years, says Nigam Arora......»»

Category: topSource: marketwatchMay 2nd, 2018

There’s evidence that Apple’s stock could finally break out

The company’s ace in the hole — software and services — could earn it a higher price-to-earnings multiple over the next few years, says Nigam Arora......»»

Category: topSource: marketwatchMay 2nd, 2018

Despite SBI reporting Rs 77-bn loss in Q4, worst is likely over for PSBs

Balance sheet clean-up boosts investor confidence, experts expect earnings to improve in FY19.....»»

Category: topSource: business-standardMay 23rd, 2018

Commodities Corner: Oversold oil market will give way to gains in 2019, experts predict

Oil’s on track to suffer its worst quarterly loss in X years, but analysts expect prices for the commodity to give way to higher prices in 2019 as investment in the market and crude production slows......»»

Category: topSource: marketwatchDec 20th, 2018

Macy"s Reports Mixed Q1 Earnings, CEO Says Another Shutdown Not Anticipated

Macy's (NYSE: M) reported a first-quarter loss of $2.03 per share on Wednesday, which beat t.....»»

Category: earningsSource: benzingaJul 1st, 2020