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Softbank quarterly profit up despite Sprint woes | |
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November 06, 2014 TOKYO— Softbank's quarterly profit nearly tripled as gains from the IPO of Chinese e-commerce company Alibaba offset losses at U.S. mobile carrier Sprint. The Japanese telecommunications and Internet-services company reported Tuesday a fiscal second quarter profit of 483.1 billion yen, up from 165.8 billion yen a year earlier. Softbank, the first to sell... Source: http://www.cnbc.com/id/102148950 |
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