-
Fintech Focus For April 21, 2021
Tuesday, April 20, 2021 - 8:53pm | 2737Quote To Start The Day: In order to be irreplaceable one must always be different. Source: Coco Chanel One Big Thing In Fintech: The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital transformation. Large banks in the...
-
How The Startup Clear Is Employing Blockchain In Clearing, Settlement
Monday, January 11, 2021 - 11:58am | 777Blockchain and smart contracts will revolutionize the way enterprises do business. That’s according to Eran Haggaig, the executive chairman of Clear, a blockchain-based clearing and settlement solution. Haggaig — an industry veteran who spent a lifetime working in technology and...
-
4 Earnings Highlights From Companies On OTC Markets
Friday, August 28, 2020 - 2:29pm | 707The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The June earnings season is just about complete. Below are earnings highlights from four mid-to-large-cap companies that don’t trade...
-
SoftBank In Talks To Sell T-Mobile Shares As It Looks To Raise Funds For Buyback: Report
Monday, May 18, 2020 - 3:40am | 467SoftBank Group Corporation (OTC: SFTBY) is looking to sell a "significant portion" of its T-Mobile Us Inc. (NASDAQ: TMUS) shares to majority stakeholder Deutsche Telekom AG (OTC: DTEGY), the Wall Street Journal reported Monday. What Happened The Japanese investment firm holds more than 24...
-
Sprint Trades Higher After Revising Merger Agreement With T-Mobile
Friday, February 21, 2020 - 10:57am | 457Telecom companies Sprint Corp (NYSE: S) and T-Mobile Us Inc (NASDAQ: TMUS) revised the financial terms of their merger agreement Thursday. Deutsche Telekom Takes Higher Stake Sprint shareholders will receive the same exchange ratio as part of the merger agreement, which was settled at 9.75...
-
Fidelity's VC Arm Leads $13M Funding Round For Settlement And Clearing Startup, Clear
Friday, February 7, 2020 - 12:43pm | 248Clear, a settlement and clearing blockchain startup, formally announced the closure of a $13 million Series A funding round, led by Fidelity International’s venture capital arm Eight Roads, alongside Telefónica’s Innovation Ventures, Telekom Innovation Pool of Deutsche Telekom,...
-
These Were The Most Active Securities On OTC Markets In October
Wednesday, November 13, 2019 - 10:20am | 1176The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Dollar trading volume on OTC Markets topped $29 billion in October, approximately a 4.5% increase from September. For the month, total...
-
What Some Of The Largest Companies On OTC Markets Said In Their Most Recent Earnings Reports
Thursday, August 29, 2019 - 10:32am | 688This post is from Benzinga's Partner Content team As August winds down, so too does the second quarter earnings season. So, we thought we’d take a look at what some of the companies with securities that trade on OTC Markets had to say about their June quarters. For the sake of brevity...
-
For Sprint, M&A Talks With T-Mobile Outweigh 'Rocky Fundamentals,' Macquarie Says In Upgrade
Thursday, April 19, 2018 - 9:38am | 434The 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 its bearish stance on the stock. The Analyst Macquarie's Amy Yong upgraded Sprint...
-
What Wall Streets Thinks Of The Canceled Sprint-T-Mobile Deal
Monday, November 6, 2017 - 4:34pm | 845Shares of Sprint Corp (NYSE: S) lost more than 12 percent Monday morning and hit a new 52-week low of $5.72 after it was confirmed that ongoing merger talks with T-Mobile US Inc (NASDAQ: TMUS) ended with no agreement reached. Here's how some of Wall Street's notable analysts reacted:...
-
Will They Or Won't They? Conflicting Reports Muddy The Waters For Potential Sprint-T-Mobile Merger
Tuesday, October 31, 2017 - 11:55am | 331Is Sprint Corp (NYSE: S) parent company Softbank wants to call an end to the ongoing merger discussions with T-Mobile US Inc (NASDAQ: TMUS) and its parent company Deutsche Telekom, The Nikkei reported. Other media reports, including CNBC, are suggesting merger talks haven't come to an end just yet...
-
Report: SoftBank To Call Off Sprint-T-Mobile Merger
Monday, October 30, 2017 - 1:40pm | 515SoftBank Group intends to call off merger talks between subsidiary Sprint Corp (NYSE: S) and American rival T-Mobile US Inc (NASDAQ: TMUS) as soon as Tuesday, according to a report by Nikkei Asian Review. The Sprint parent could not settle a dispute with Deutsche Telekom, T-Mobile’s European...
-
What's Up With Sprint And T-Mobile?
Tuesday, September 19, 2017 - 12:20pm | 355Shares of Sprint Corp (NYSE: S) rose more than 7 percent Tuesday morning while shares of T-Mobile US Inc (NASDAQ: TMUS) gained 5 percent after CNBC's David Faber reported the two mobile companies are in active merger talks. Sprint along with its parent company Softbank and T-Mobile and its parent...
-
Look Beyond The Speculation: Sprint's Solid Performance Overshadowed By M&A Chatter
Thursday, August 3, 2017 - 8:31am | 490Investors who bought a position in Sprint Corp (NYSE: S) under the assumption of an imminent M&A deal that would pay a hefty premium may have made a logical decision. But at the same time, the company's performance as a stand-alone entity should support the stock, Barclays' Amir...
-
T-Mobile CFO On Possible Merger: 'The Most Logical Partner Is Sprint'
Monday, May 22, 2017 - 11:50am | 469In a deal that would inevitably shake up the telecom industry, everyone seems to be asking what company Sprint Corp (NYSE: S) could acquire. Sprint parent company Softbank Group Corp (OTC: SFTBF)'s CEO Masayoshi Son previously expressed that he would prefer a deal with T-Mobile US Inc (NASDAQ: TMUS...