News Highlights: Top Company News of the Day Date : 11/06/2017 @ 5:30AM Source : Dow Jones News News Highlights: Top Company News of the Day Print Alert SoftBank's Profit Takes a Hard Hit
Japan's SoftBank Group said its first-half net profit fell 87%, hit by derivative losses on its Alibaba Group Holding stockholdings, reflecting how the technology firm has become more like an investment fund and less like a telecommunications firm.