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Australian shares plunge 6.4% and AFL season to start as planned amid coronavirus – as it happened
9.08am GMT 09:08 To finish up on 18 March There will be another big day ahead of us. Here is a brief outlay of today: Australia recorded its sixth death from Covid-19, when an 86-year-old man died in a Sydney hospital from the virus. NSW saw its biggest spike in daily cases, with 57 new…
Read More »Target shares fall on mixed fourth-quarter results, but company touts same-day e-commerce growth
A Target store in Culver City, California.Mark Ralston | AFP | Getty ImagesTarget on Tuesday outpaced fourth-quarter earnings expectations, but revenue fell short because of weak sales of toys, electronics and home goods over the holidays.Shares were up fractionally in premarket trading.Here's what Target reported compared with what analysts were expecting, based on a survey of…
Read More »SoftBank shares jump 13% after Sprint merger approval
Shares of SoftBank Group Corp. 9984, +11.89% soared more than 13% in early trading Wednesday in Tokyo, as the Japanese conglomerate benefited from a U.S. judge's approval of the merger between Sprint Corp. S, +77.50% and T-Mobile US Inc TMUS, +11.78%. SoftBank is a major stakeholder in Sprint, which saw its shares skyrocket 78% during…
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