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SoftBank in $41bn push to buy back shares

2020-03-23 01:00:00| Total Telecom industry news

SoftBank has announced that it plans to sell around $41 billion of its assets in an attempt to reinforce its falling share prices and reduce its debt. With debt currently totalling around $55 billion, the company has been hit significantly by the coronavirus pandemic, largely due to its investments in hotel groups and ride…read more on TotalTele.com »

Tags: back buy shares push

 

Stock Market Rout Doubles Pain For Oil Firms That Took Shares For Deals

2020-03-17 10:10:00| OGI

EnCap Investments pulled off a rarity in the U.S. shale business earlier this month with the sale of Felix Energy to rival WPX. However, EnCap's big payday proved short-lived.

Tags: market stock deals oil

 
 

US airlines used up spare cash buying back shares

2020-03-17 05:44:06| BBC News | Business | UK Edition

US airlines ask for $50bn in aid but figures reveal they spent most of their cash buying back shares.

Tags: back cash buying shares

 

BP Eyes Lower Spending After Shares Drop To 24-Year Low

2020-03-13 20:25:59| OGI

BP is seeking to reduce spending after the collapse in oil prices sent its shares to their lowest in 24 years, CEO Bernard Looney said on March 13.

Tags: low lower eyes drop

 

Budenheim Expands Market Shares with New Partner in North America

2020-03-11 11:00:00| Coatings World Breaking News

Tags: north market partner america

 

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