Showing posts with label Toshiba. Show all posts
Showing posts with label Toshiba. Show all posts

Monday, March 13, 2017

Toshiba seeking to extend Tuesday deadline for third-quarter disclosure: sources


Japan's Toshiba Corp is seeking to extend its Tuesday deadline for submitting official third-quarter earnings due to disagreements with auditors over issues at its U.S. nuclear unit Westinghouse, sources familiar with the matter said.

Sunday, March 12, 2017

Toshiba Tec shares rise more than 6 percent on sale report


Shares in Toshiba Tec Corp  rose more than 6 percent in early Monday trading after a report that Toshiba Corp, the parent, is considering selling shares in the company.

Friday, February 24, 2017

Toshiba says not aware Westinghouse considering Chapter 11 filing


Toshiba Corp responding to media reports, said on Friday it was not aware that its U.S. nuclear unit Westinghouse was considering filing for Chapter 11 protection from creditors - an option analysts say could jeopardize the entire group.

Tuesday, February 21, 2017

Toshiba seeks $8.8 billion for chip unit stake as banks fret over risks


Japan's Toshiba Corp wants to raise at least 1 trillion yen ($8.8 billion) by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said.

Friday, February 17, 2017

S&P downgrade warning sends Toshiba shares falling


S&P Global Inc (SPGI.N) said in a report on Friday it could cut its rating of Toshiba Corp (6502.T) credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down 9 percent.

Wednesday, February 15, 2017

Toshiba may delay chip auction after widening sale to majority stake - source


Toshiba Corp (6502.T) may delay the sale of its prized flash-memory chip unit after the conglomerate said it would consider selling most, even all, of the marquee business, a person with direct knowledge of the matter said.

Monday, February 13, 2017

Toshiba to issue business risk warning on Tuesday: Nikkei


Toshiba Corp (6502.T) will issue on Tuesday its first-ever warning that it may not be able to continue as a going concern, following massive nuclear-related losses, the Nikkei reported.

Sunday, February 12, 2017

Toshiba prepares to unveil nuclear hole, other perils threaten


Toshiba Corp (6502.T) will on Tuesday detail a writedown of close to $6 billion after bruising cost overruns at its U.S. nuclear arm, turning investor attention to the Japanese group's efforts to fix that and other balance sheet headaches.

Saturday, February 11, 2017

Nuclear write-down leaves Toshiba with $3.5-billion loss in third-quarter: Nikkei


Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday.

Saturday, January 28, 2017

Toshiba chair ready to resign over Westinghouse writedowns: Nikkei


Toshiba Corp (6502.T) Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns looming over the Japanese group's U.S. nuclear power unit Westinghouse Electric Co LLC, the Nikkei business daily reported.