SFTBY - SoftBank Group Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
38.375
+0.375 (+0.987%)
At close: 3:59PM EDT
Stock chart is not supported by your current browser
Previous Close38.000
Open38.127
Bid0.000 x 0
Ask0.000 x 0
Day's Range38.020 - 38.450
52 Week Range35.100 - 46.560
Volume264,821
Avg. Volume347,133
Market Cap85.363B
Beta0.98
PE Ratio (TTM)5.81
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.19 (0.52%)
Ex-Dividend Date2017-09-28
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters17 hours ago

    Walmart could buy controlling stake in Flipkart as early as next week - sources

    Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday. The U.S. retail giant has been in talks with Flipkart for months to acquire a controlling stake in the firm as it looks to take on rival Amazon.com Inc head-on in India, a market where e-commerce is tipped to grow to $200 billion in a decade. SoftBank Group, which owns about a fifth of Flipkart through its Vision Fund, was unwilling to sell a part of its stake as Walmart was offering to buy existing shares at a valuation of $12 billion, a price the Japanese tech investor considered low, Reuters had previously reported.

  • Walmart could buy controlling stake in Flipkart as early as next week: sources
    Reuters17 hours ago

    Walmart could buy controlling stake in Flipkart as early as next week: sources

    Walmart Inc (WMT.N) could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday. The U.S. retail giant has been in talks with Flipkart for months to acquire a controlling stake in the firm as it looks to take on rival Amazon.com Inc (AMZN.O) head-on in India, a market where e-commerce is tipped to grow to $200 billion in a decade. SoftBank Group, which owns about a fifth of Flipkart through its Vision Fund, was unwilling to sell a part of its stake as Walmart was offering to buy existing shares at a valuation of $12 billion, a price the Japanese tech investor considered low, Reuters had previously reported.

  • Benzinga2 days ago

    For Sprint, M&A Talks With T-Mobile Outweigh 'Rocky Fundamentals,' Macquarie Says In Upgrade

    The on-again, off-again merger talks between Sprint Corp (NYSE: S ) and T-Mobile Us Inc (NASDAQ: TMUS ) are back on again, according to The Wall Street Journal — which prompted Macquarie Capital to drop ...

  • The Wall Street Journal2 days ago

    [$$] Satellite Project Draws Airbus, SoftBank, Bill Gates as Investors

    Airbus and two of the world’s most recognizable tech billionaires, Microsoft founder Bill Gates and SoftBank CEO Masayoshi Son, propose to build and launch some 500 small satellites to provide unmatched ...

  • The Wall Street Journal2 days ago

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

    TOKYO—SoftBank Group Corp., the operator of the world’s largest technology fund, said it corrected four years of tax filings after Japanese authorities uncovered ¥93.9 billion (about $875 million) worth of unreported earnings at offshore subsidiaries. The Tokyo Regional Taxation Bureau said SoftBank failed to report earnings at three subsidiaries, located in Bermuda and Singapore, of its U.S. telecom units Sprint Corp. and Brightstar Corp. for four years through March 2016.

  • Financial Times2 days ago

    [$$] Saudi Arabian infighting casts shadow on solar deal

    Saudi Arabia’s $200bn deal with Japan’s SoftBank to create the world’s largest solar project is the latest gambit to transform the oil-rich kingdom under Crown Prince Mohammed Bin Salman. But friction ...

  • CNBC3 days ago

    A new satellite project to livestream the Earth says it's backed by SoftBank, Airbus and Bill Gates

    A company called EarthNow plans to use satellites to provide "live and unfiltered" footage of almost anywhere on earth.

  • Reuters3 days ago

    SoftBank invests in Southeast Asian P2P lender

    SINGAPORE, April 18 (Reuters) - Peer-to-peer lending platform Funding Societies said it raised $25 million in a funding round led by SoftBank Ventures Korea, an early stage venture capital arm of SoftBank ...

  • Softbank courts tronc
    American City Business Journals4 days ago

    Softbank courts tronc

    Softbank has set its sights on tronc, tossing its name into the ring as a possible buyer for the publishing company.

  • Tronc Jumps On Report Of SoftBank Interest In Chicago Tribune Publisher
    Investor's Business Daily5 days ago

    Tronc Jumps On Report Of SoftBank Interest In Chicago Tribune Publisher

    The Japanese conglomerate SoftBank is reportedly the latest in a string of potential buyers for the newspaper publisher Tronc as newsrooms continue to unionize. 

  • Why the "Uber of Trucking" in China Has Caught the Attention of a Billionaire Investor
    Motley Fool5 days ago

    Why the "Uber of Trucking" in China Has Caught the Attention of a Billionaire Investor

    Masayoshi Son’s ambitious Vision Fund sets its sights on Chinese logistics.

  • SoftBank Is Treating Its Bondholders Like Dirt
    Bloomberg5 days ago

    SoftBank Is Treating Its Bondholders Like Dirt

    It isn't wise to alienate your creditors when you have this much debt.

  • Indian ride-hailing firm Ola to add 10,000 electric three-wheelers to fleet
    Reuters5 days ago

    Indian ride-hailing firm Ola to add 10,000 electric three-wheelers to fleet

    Indian ride-hailing firm Ola, backed by Japan's SoftBank Group, said it will add 10,000 electric three-wheelers to its fleet over the next 12 months as part of a plan to promote the use of electric vehicles. Ola plans to have 1 million electric vehicles on offer by 2021, it said in a statement, adding that it will work with various state governments, vehicle manufacturers and battery companies to meet its target. Prime Minister Narendra Modi's government is determined to promote electric vehicle use, starting with public transport and taxis, to combat rising pollution and reduce the nation's dependence on imported oil.

  • Reuters5 days ago

    Indian ride-hailing firm Ola to add 10,000 electric three-wheelers to fleet

    Indian ride-hailing firm Ola, backed by Japan's SoftBank Group, said it will add 10,000 electric three-wheelers to its fleet over the next 12 months as part of a plan to promote the use of electric vehicles. Ola plans to have 1 million electric vehicles on offer by 2021, it said in a statement, adding that it will work with various state governments, vehicle manufacturers and battery companies to meet its target. Prime Minister Narendra Modi's government is determined to promote electric vehicle use, starting with public transport and taxis, to combat rising pollution and reduce the nation's dependence on imported oil.

  • Financial Times5 days ago

    [$$] Ola in electric vehicle push to gain edge over Uber

    Indian ride-hailing company Ola has unveiled plans to deploy 1m electric vehicles across the country within three years in its latest attempt to gain a competitive edge in a struggle with US rival Uber. ...

  • Financial Times5 days ago

    [$$] Tronc shares jump on report of SoftBank interest

    Shares of Tronc are pushing higher on Monday morning after a report that SoftBank is among several bidders eyeing the US news publisher. Tronc shares, which were briefly halted as interest surged following ...

  • The Wall Street Journal5 days ago

    [$$] SoftBank’s Billions Spur Global Race to Pour Money Into Startups

    SoftBank Group and other big foreign investors are flooding into the venture market, where many tech startups are scoring hundreds of millions of dollars more than they initially sought.

  • Some companies are turning their noses up at Softbank's huge cash offers
    CNBC8 days ago

    Some companies are turning their noses up at Softbank's huge cash offers

    While SoftBank's Vision Fund has publicly said its minimum investment is $100 million, the company is telling fintech start-ups that the number is twice that size.

  • CNBC8 days ago

    Some companies are turning their noses up at Softbank's huge cash offers

    While SoftBank's Vision Fund has publicly said its minimum investment is $100 million, the company is telling fintech start-ups that the number is twice that size.

  • Google Is Reportedly Drafting ‘Ethical Principles’ After Employee Fury Over Defense Department Projects
    Fortune8 days ago

    Google Is Reportedly Drafting ‘Ethical Principles’ After Employee Fury Over Defense Department Projects

    Workers were outraged that Google's drone analysis for the Pentagon could help target people for death.

  • CNBC8 days ago

    Former Qualcomm chairman Paul Jacobs is assembling buyers to take it private

    Paul Jacobs, who was ousted as Qualcomm's chairman in March, is talking to strategic investors, including SoftBank-owned ARM, and sovereign wealth funds to take Qualcomm private.

  • Fortune9 days ago

    WeWork Is Diving Headfirst Into China With a Big New Buy

    It will reportedly pay about $400 million for the three-year-old Chinese business.

  • Reuters9 days ago

    SoftBank among investors for $25 billion FIFA plan: report

    The report said the group, which includes investors from the United States, Saudi Arabia and China, were discussing proposals to expand the Club World Cup along with the creation of a new league competition for national teams. The Club World Cup is an annual competition that sees seven clubs, usually winners of their continental tournaments, compete in a knock-out event. Spain's Real Madrid have won three of the last four editions.

  • Tronc surges on report that Softbank is interested in pos...
    CNBC Videos5 days ago

    Tronc surges on report that Softbank is interested in pos...

    CNBC's Dominic Chu reports on Tronc shares surging after Softbank shows interest in a possible bid for the company.

  • SoftBank is investing heavily in technology and ride-hail...
    CNBC Videos8 days ago

    SoftBank is investing heavily in technology and ride-hail...

    Japanese conglomerate SoftBank is expanding. This week it was revealed that the company is a part of a FIFA consortium and it is continuing talks with Swiss Re.