Tag Archives: bad-request

Sprint Part Of SoftBank Credit Reviews, Says Moody’s

SoftBank, owner of Sprint (S), will remain acquisitive as it seeks growth outside of Japan and leverages its stake in Alibaba, says Moody’s Investor Service, which will include Sprint in future SoftBank credit ratings. Moody’s maintained its junk rating on SoftBank debt. SoftBank owns a large stake in Chinese e-commerce giant Alibaba (BABA), which went public in 2014. In a change, Moody’s said it will include Sprint in its assessment of SoftBank’s

Sun Is Shining Bright on L.A. Tech Town Silicon Beach

Many cities have tried to build themselves into major technology hubs where entrepreneurs build startups that reach the big time. Northern California’s Silicon Valley remains the tech leader, but other areas aspire for second place as a tech center. A rising aspirant is Los Angeles, home to the recently anointed “Silicon Beach.” Like Silicon Valley, S.B. has no set boundaries, but it centers on coastal town Santa Monica and its neighbor, Venice,

Fitbit Stock Hits New High Again As It Outpaces Group

If a stock’s strength is indicative of current trends, fitness monitoring must be all the rage, as Fitbit (FIT) continues to outpace the market. The June 18 IPO on Thursday rose to a second straight new high before closing with a slight loss. Given its strong debut and sharp advance in the first few days of trade, that’s saying something. Fitbit has rallied more than 110% from its offering price of 20. It became the biggest tech IPO this year,