Deutsche Telekom Sold $190 Million of T-Mobile Stock
T-Mobile’s largest shareholder, Germany’s Deutsche Telekom, has sold more than 1.1 million shares in January through a trading plan.
Source: marketwatch.com
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Nikkei Ends Higher; SoftBank, Tech Stocks Support
The Nikkei Stock Average finished the day 1.1% higher at 33681.24, supported by technology and automobile stocks.
Source: wsj.com
SoftBank to Get $7.6 Billion of T-Mobile Stock In Extra Payout From 2020 Sale of Sprint
T-Mobile will issue $7.6 billion of stock to the Japanese holding company Softbank in a contingent payout linked to its purchase of the wireless carrier.
Source: marketwatch.com
Australia Shares Set to Open Higher
Japan’s Nikkei Stock Average fell amid profit-taking and a stronger yen weighing on some export-driven stocks.
Source: wsj.com
Nikkei May Rise as Borrowing-Costs Concerns Ease; Earnings in Focus
The Nikkei Stock Average was up 0.3% at 32260.90 as gains in real estate and tech stocks help offset losses in financial shares.
Source: wsj.com