TOKYO Asian stocks fell on Wednesday on growing concerns about the health of the world's banks, particularly in Europe, pushing investors into safer assets such as the yen, which stood near a 15-month high versus the dollar.
... * SoftBank CEO: steady progress in cost cuts at Sprint. * No impact on Yahoo Japan even if Yahoo Inc sells JV stake-CEO (Adds CEO's comments).
The turmoil engulfing Viacom deepened on Tuesday as weak earnings and continued concern over the company's leadership sent shares down more than 21 percent, the lowest level in more than five years.
Disney just posted the best quarterly earnings in the company's history. So why was its stock down more than 4% in after-hours trading?
(Repeats story published late on Tuesday, with no changes). * Bank's market value has almost halved since a year ago. * Two top 10 investors say running out of patience with turnaround.