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SoftBank's Son unveils $5.5 billion buyback, laments share price

Wednesday, February 6, 2019, 8:51 PM

SoftBank's Son unveils $5.5 billion buyback, laments share price

Japan's SoftBank Group Corp announced $5.5 billion share buyback as it reported a 60% increase in quarterly operating profit buoyed by rising valuations for its technology investments. Funded by proceeds from the bumper IPO of its domestic telco, founder and Chief Executive Masayoshi Son said the buyback its largest-ever was driven by what he sees as a chronic undervaluation of SoftBank's shares.

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ProSieben e-commerce arm buys control of Aroundhome

Tuesday, January 15, 2019, 7:56 AM

ProSieben e-commerce arm buys control of Aroundhome

German media group ProSiebenSat.1 Media's e-commerce arm NuCom is buying control of Aroundhome, an-online-broker for home services and products, in a deal valued at 140 million euros (US$161 million). The investment represents a bet on taking the lead in German-speaking region to help people searching for company to put a solar panel on their roof, install a new kitchen or fix their central heating.

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New problems for embattled Huawei in France and Germany

Friday, December 14, 2018, 7:59 PM

New problems for embattled Huawei in France and Germany

Huawei faces fresh challenges in Europe after France's Orange said it would not hire the Chinese firm to build its next-generation network and Germany's Deutsche Telekom announced it would review its vendor strategy. Responding, Huawei said it was not a supplier to Orange's existing 4G network in France and would not feature in the company's 5G plans in France.

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Eight excuses that prevent you from investing right

Monday, December 3, 2018, 8:21 AM

Eight excuses that prevent you from investing right

Manish Jain, a-27-year-old entrepreneur, joined his family business after college but became financially independent only about four years later at 25 when he started his own venture and got married simultaneously. While working with his family, and during the initial phase of his venture, he kept all his savings in his bank account. A year into his venture and marriage, things changed for him.

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Tata looks to reclaim the skies in Jet stake talks

Wednesday, November 14, 2018, 7:43 PM

Tata looks to reclaim the skies in Jet stake talks

Tata Sons Ltd is in pursuit of a controlling stake of debt-laden Jet Airways Ltd, a purchase which could transform India's largest conglomerate from airline fringe player into the country's dominant, full-service international carrier. Tata is weighing up the economic viability of a deal which would make it Jet's decision-maker, necessitating the departure of the airline's founder, people aware of talks have told Reuters.

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Apple held talks to take stake in iHeartMedia: FT

Thursday, November 1, 2018, 12:47 PM

Apple held talks to take stake in iHeartMedia: FT

Apple Inc has held talks with iHeartMedia Inc to take a stake in the U.S. radio company, the Financial Times reported on Thursday, citing people familiar with the matter. The discussions between the two companies remain at a preliminary stage and no deal has been agreed, the report said, citing sources.

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Netflix adds to growing debt pile with $2 billion bond issue

Tuesday, October 23, 2018, 10:18 AM

Netflix adds to growing debt pile with $2 billion bond issue

Netflix Inc (NFLX.O) announced it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition. Netflix Chief Executive Reed Hastings has been explicit about the Los Gatos, California-based company's plan to fund content acquisition by raising debt.

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Sony makes no concessions to EU regulators in EMI music bid

Monday, October 22, 2018, 6:20 PM

Sony makes no concessions to EU regulators in EMI music bid

Sony Corp has not offered concessions to European Union antitrust regulators reviewing its $2.3 billion offer for control of EMI to become the world's largest music publisher, the European Commission website showed on Monday. EU antitrust regulators earlier this month asked rivals and users whether they think the Japanese group would use its greater market power to win better terms in digital media deals.

Article

 

06 December 2016, Tuesday

What Supermarkets Teach You About Equity Mutual Funds?

You love supermarkets, You get everything you need at the supermarket. Fruits, vegetables, packaged, ...

3 Pages, 29 Records
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