SoftBank Group reported a 99% drop in 3rd-quarter profits today, but here’s why the stock has risen 14% this week: by skleb1234
and almost ran out of cash to fund its business. Uber stock, on the other hand, lost almost 25% of its value in 2019 after going public in May, though shares have since recovered.SoftBank’s ongoing discussions with Elliott Management.
Both sides have said they want to keep the engagement friendly, and dialogue between the two sides has. Founded in 1977 by billionaire Paul Singer—a famed activist investor and veteran of numerous proxy battles, Elliott is pushing for stock buybacks and improved corporate governance in an effort to boost SoftBank’s lagging share price. SoftBank is one of the hedge fund’s
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
SoftBank's profits nosedived 99% last quarter. Here's why its stock went up 12%. - Business InsiderThe Japanese tech giant suffered from its bets on Uber and WeWork, but investors cared more about a judge approving the Sprint and T-Mobile merger.
Baca lebih lajut »
If You Read One Book This Month, Make It Here for ItIf you’re yearning for that laugh-out-loud on the subway, 'damn-I-left-my-book-at-home' kind of read, look no further than oureric's 'Here for It.' isabeljones93 tells you about the one book you need to read this month:
Baca lebih lajut »
Shopify's stock soars toward a record after adjusted profit and revenue rise above forecastsShares of Shopify Inc. soared 8.9% toward a record high in premarket trading Wednesday, after the provider of retail management services reported...
Baca lebih lajut »
SoftBank shares open 12.5% higher after T-Mobile-Sprint merger approvalSoftBank Group Corp shares opened 12.5% higher on Wednesday morning after a fede...
Baca lebih lajut »
Futures rise on hopes virus may be over soon; Sprint soarsU.S. stock index futures rose on Tuesday as a top Chinese health adviser said th...
Baca lebih lajut »
European stocks reach record highs on hopes virus is peakingWorld stocks resumed rising towards record highs on Tuesday and the dollar reach...
Baca lebih lajut »