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Entries in 'Toshiba' (32)

Four shareholders file actions against Toshiba for £129 million in compensatory damages

Four shareholders file actions against Toshiba for £129 million in compensatory damages

NEWS

A total of four shareholders are demanding compensatory damages from Toshiba. The shareholders have submitted two actions for damages in relation to accounting to the Tokyo District Court. The claimants ...

Rob Horgan
by Rob Horgan
on Apr 21st 2017 at 10:00AM
Apple and Google linked with Toshiba investment

Apple and Google linked with Toshiba investment

NEWS

The bidding war for Toshiba’s businesses continues to throw up new names. The latest players said to be lining up potential bids are Apple and Google. According to reports in ...

Rob Horgan
by Rob Horgan
on Apr 18th 2017 at 10:45AM
Toshiba admits its future is 'in doubt' after finally declaring unapproved financial report

Toshiba admits its future is 'in doubt' after finally declaring unapproved financial report

NEWS

Troubles at Toshiba continue to mount, despite the firm finally declaring its delayed earning’s report. The Japanese conglomerate has reported a loss of $4.8 billion, some three months after the ...

Rob Horgan
by Rob Horgan
on Apr 12th 2017 at 9:21AM
Toshiba in advanced talks with Vestel to sell TV business

Toshiba in advanced talks with Vestel to sell TV business

NEWS

Cash-strapped Toshiba looks set to offload its TV business to recoup funds lost by its now-bankrupt nuclear unit Westinghouse. Turkish electronics maker Vestel has confirmed that it is in ‘advanced ...

Rob Horgan
by Rob Horgan
on Apr 10th 2017 at 10:32AM

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PCR Five for Friday (07/04/2017)

PCR Five for Friday (07/04/2017)

NEWS

Five for Friday is a weekly feature to give a brief roundup of our top five stories from the week that you might have missed. Think we left anything out? ...

Jonathan Easton
by Jonathan Easton
on Apr 7th 2017 at 11:20AM
Toshiba shares plummet as firm looks likely to miss third earnings report deadline

Toshiba shares plummet as firm looks likely to miss third earnings report deadline

NEWS

Troubles at Toshiba continue to mount, with reports that the Japanese conglomerate is set to miss a third deadline to declare its quarterly earnings. Shares in the tech company have ...

Rob Horgan
by Rob Horgan
on Apr 3rd 2017 at 9:50AM
PCR Five for Friday (31/03/2017)

PCR Five for Friday (31/03/2017)

NEWS

Five for Friday is a weekly feature to give a brief roundup of our top five stories from the week that you might have missed. Think we left anything out? ...

Jonathan Easton
by Jonathan Easton
on Mar 31st 2017 at 10:53AM
Toshiba receives $17.9 billion offer for its chip unit

Toshiba receives $17.9 billion offer for its chip unit

NEWS

Cash-strapped Toshiba has received its first official offer, as it attempts to sell off a number of assets to recoup a multi-billion dollar loss made on its nuclear arm Westinghouse. ...

Rob Horgan
by Rob Horgan
on Mar 31st 2017 at 10:20AM
Toshiba to sell off shares in chip business as its nuclear unit files for bankruptcy

Toshiba to sell off shares in chip business as its nuclear unit files for bankruptcy

NEWS

Cash-strapped Toshiba is set for a massive financial injection after its nuclear unit Westinghouse filed for bankruptcy. Westinghouse has filed for a Chapter 11 protection from its creditors, as its ...

Rob Horgan
by Rob Horgan
on Mar 29th 2017 at 10:59AM
Toshiba 24 hours away from declaring bankruptcy for its nuclear unit

Toshiba 24 hours away from declaring bankruptcy for its nuclear unit

NEWS

Toshiba’s cash-strapped nuclear unit looks set to file for bankruptcy in the next 24 hours. Bosses at Westinghouse Electric are meeting with American stakeholders and utilities today to propose filing ...

Rob Horgan
by Rob Horgan
on Mar 27th 2017 at 10:14AM

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