Page 9 - Softbank Group

SoftBank to invest $900 million in gene sequencing firm Pacific Biosciences

Pacific Biosciences of California Inc said on Wednesday SoftBank Group Corp will invest $900 million in the gene sequencing firm

Profit at Japan's SoftBank as lucrative investments swell in value

The firm on Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter

SoftBank's third-quarter earnings recovery seen driven by IPO boom

SoftBank is expected to extend earnings recovery when it reports third-quarter results as frothy markets drive a rally in value of its tech investment portfolio and offer fertile ground for listings

SoftBank's Masayoshi Son is poised for another IPO windfall in 2021

If demand for IPOs continues to be robust, it would improve the prospects for the remaining 100 or so startups in SoftBank's portfolio

SoftBank Group debates new strategies to go private via gradual buyout

Masayoshi Son wouldn't buy more shares himself, but his ownership stake, now about 27 per cent, would increase as other investors sell stock

DoorDash boosts IPO price range amid strong appetite for tech stocks

San Francisco-based DoorDash plans to list its shares on the New York Stock Exchange under the ticker "DASH" this month. It had confidentially filed for an IPO in February.

SoftBank's options exit unlikely to cause stir in markets, analysts say

SoftBank's unwinding of its derivatives holdings is unlikely to cause much of a stir in markets, analysts have said

SoftBank phasing out derivatives option after losing market value by $17 bn

SoftBank shareholders balked after SoftBank's foray into derivatives trading was first disclosed in September, cutting the company's market value by as much as $17 billion

SoftBank COO, Vision Fund head leave board as part of firm's restructuring

Marcelo Claure, chief operating officer; Rajeev Misra, head of the Vision Fund; and Katsunori Sago, chief strategy officer, will step down from the board as part of the restructuring

SoftBank Group says it spent $1.35 billion on buybacks in October

TOKYO (Reuters) - SoftBank Group Corp <9984.T> said on Monday it spent 139.3 billion yen ($1.35 billion) repurchasing almost 20 million shares in October, part of a record buyback plan that has pushed the group's share price to near two-decade highs.

SoftBank investors await CEO Son's cashpile clues in second-quarter report

TOKYO (Reuters) - SoftBank Group Corp <9984.T> shareholders have an $80 billion (£61 billion) question for Chief Executive Masayoshi Son when he presents the Japanese tech investment giant's earnings on Monday: Just what will he do with that cash, due in from assets sold since March?

SoftBank hits 20-year high as investors embrace Son's defensive stance

The Tokyo-based company's stock gained more than 3 per cent to 7,244 yen, the highest level since March of 2000 in the midst of the dot-com boom

SoftBank preparing to unveil a blank-check company to raise funds

Rajeev Misra, the head of the Vision Fund, teased the effort in an interview with Bloomberg at the Milken Institute's virtual conference, without providing details

SoftBank's Vision Fund to unveil blank-check co to capitalise fundraising

The target size of the Vision Fund's blank-check company has yet to be determined, according to a person familiar with the plans

SoftBank Group shares at 20-year high on buybacks, Nvidia-Arm deal

SoftBank rose for the eighth day in a row to finish at 6,955 yen, the highest since March of 2000

SoftBank Group to sell last of its telecoms assets with Brightstar deal

SoftBank said in a statement it would sell the firm to a newly formed subsidiary of private equity firm Brightstar Capital Partners for cash as well as a 25 per cent stake in the subsidiary

SoftBank to sell US cellphone distributor Brightstar in latest asset sale

SoftBank said it would sell US cellphone distributor Brightstar Global Group for an undisclosed price, marking latest asset sale by Japanese conglomerate to fund a record stock buyback and raise cash

SoftBank Group buybacks paused in August, so did its stock rally

It blamed "nonpublic facts" around insider trading for the inaction, a likely allusion to its mega-deal to sell its Arm chip division for $40 billion to Nvidia, announced Monday

SoftBank returns to black as Vision Fund recovers from Covid-19 pandemic

Recovery largely due to rising valuations of bets like Uber and Slack

With SoftBank rally, founder Masayoshi Son adds $12 bn to fortune

With SoftBank Group's shares surging to their highest price in two decades on Thursday, Son's net worth hit $20 billion