Tag Archives: bad-request

SoftBank’s Masayoshi Son Takes Center Stage At Sprint

SoftBank CEO Masayoshi Son took center stage on Sprint ‘s (S) earnings conference call with analysts early Tuesday, declaring he will not sell the struggling wireless firm and disclosing new off-balance-sheet financing plans aimed at keeping Sprint’s turnaround on track. Sprint stock was up 6% in morning trading in the stock market today, near 3.55, after the wireless carrier reported Q2 results, raised its 2015 earnings guidance and named a new

Shire Offers $30 Billion For Ex-Baxter Unit Baxalta

Barely after it hatched as an independent company, drugmaker Baxalta (BXLT) got an unsolicited $30 billion buyout proposal from Shire (SHPG), sending its stock up sharply in early trading Tuesday. Shire said that on July 10 it proposed an all-stock transaction exchanging 0.1687 Shire ADR for every share of Baxalta, which implies a value of $45.23 a share based on Shire’s current price. That would represent a 36% premium over the Monday closing

Meet 4 Techs That Just Topped Earnings Estimates

As earnings season winds on down the road, four highly rated technology stocks — including chipmaker Integrated Device Technology (IDTI) and cybersecurity software company Qualys (QLYS) — reported hot profit Monday after the market closed. In most cases, they reported small to moderate revenue growth while earnings growth absolutely crushed estimates. Integrated Device Technology Memory and communications chipmaker Integrated Device Technology