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[1/2] The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. The fourth-quarter earnings come after the Vision Fund unit posted four consecutive quarters of investment loss, with investors debating whether the value of privately held stakes have further to fall. Portfolio firms of the Vision Fund unit whose shares climbed during January-March include e-commerce firm Coupang Inc (CPNG.N) and robotics firm AutoStore Holdings Ltd (AUTO.OL). What matters is Arm for SoftBank to demonstrate it can get results as an investment company," said SMBC Nikko Securities analyst Satoru Kikuchi. Still, SoftBank executives are unlikely to offer meaningful new information about the Arm listing on Thursday, Kikuchi said.
MLB roundup: Down 6, Rays stun Gerrit Cole, Yanks
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +12 min
Cole gave up six runs (five earned) and eight hits, striking out six and walking two in his five-plus innings. The winning pitcher was Michael Tonkin (3-1), who did not allow a hit over two scoreless innings. Lourdes Gurriel Jr. homered twice, scored four runs and had four RBIs and Christian Walker also homered for Arizona, which had its win streak snapped at three. Pittsburgh starter Roansy Contreras (3-3) allowed five runs and nine hits in five innings, with four strikeouts and three walks. Yarbrough allowed one run on three hits over 5 2/3 innings, his longest start since July last year with the Tampa Bay Rays.
MLB roundup: Zac Gallen extends scoreless run in D-backs' win
  + stars: | 2023-04-27 | by ( ) www.reuters.com   time to read: +11 min
Arizona's Emmanuel Rivera had an RBI single among his two hits and scored a run. Evan Longoria also had an RBI single for the Diamondbacks, who won two of the three games in the series after losing four of their previous five contests. Padres 5, Cubs 3Fernando Tatis Jr. ripped a two-run single in the seventh inning to give San Diego the lead for good in its win in Chicago. Tatis added an insurance run with an RBI single in the ninth. Rodolfo Castro added a two-run single, and Bryan Reynolds, Andrew McCutchen and Ji Hwan Bae each had an RBI single for the Pirates.
MLB roundup: Cubs' Drew Smyly flirts with perfection vs. Dodgers
  + stars: | 2023-04-22 | by ( ) www.reuters.com   time to read: +11 min
Los Angeles starter Julio Urias (3-2) allowed five runs, seven hits (including two homers) and two walks in 3 1/3 innings. Seven of Urias' 10 earned runs allowed this season have come against Chicago. Philadelphia starter Aaron Nola tossed a season-high seven innings and allowed four hits and three runs with three strikeouts and three walks. Pittsburgh starter Mitch Keller (2-0) allowed two runs and four hits in six innings, with five strikeouts and a walk. Pivetta (1-1) allowed three runs on seven hits in 5 2/3 innings, striking out seven with one walk.
Grapefruit League roundup: Pete Alonso hits first HR for Mets
  + stars: | 2023-02-26 | by ( ) www.reuters.com   time to read: +2 min
Daniel Vogelbach had two hits with an RBI and Abraham Almonte went 2-for-2 with two RBIs for the Mets. Justin Dirden went 2-for-2 with a homer and a key single in the seventh-inning uprising. Bobby Dalbec also went 2-for-2 with a homer and two RBIs and two runs for Boston. CJ Abrams went 2-for-3 with a run scored and Erick Mejia singled in the go-ahead run in the ninth inning for the Nationals. Phillies 7, Yankees 4Weston Wilson went 2-for-2 with four RBIs to help host Philadelphia defeat New York in Clearwater.
SoftBank has said the initial public offering (IPO) is unlikely to take place during the current business year that ends in March due to market conditions. SoftBank is expected to post a net profit of 103.7 billion yen ($806.13 million) for the latest quarter, according to analysts' average estimate compiled by Refinitiv. That compares with a 29 billion yen profit a year earlier. SoftBank bought Arm, whose technology underpins the global smartphone industry and is used in supercomputers, for $32 billion in 2016. read moreOne notable change to SoftBank's quarterly announcement this time around is the lack of founder and chief executive Masayoshi Son's colourful presentation, which has been a regular feature of SoftBank's earnings disclosure.
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