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Stock Market & Financial Investment News

News Breaks
October 9, 2012
08:27 EDTSHAW, TOSBFShaw Group unit exercises options on Westinghouse Group
On October 6, 2012, Nuclear Energy Holdings L.L.C., a special purpose subsidiary of The Shaw Group (SHAW), exercised its put options to sell its investment in the Westinghouse Group back to Toshiba Corporation (TOSBF). NEH received the put options in connection with its 2006 acquisition of 20% of the shares of the Westinghouse Group. Under the terms of the put options, settlement of the sale of NEH’s investment in Westinghouse is expected to occur in January 2013. Proceeds from the sale must be used to repay NEH’s outstanding bonds on their scheduled maturity date of March 15, 2013.
News For SHAW;TOSBF From The Last 14 Days
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May 23, 2013
12:21 EDTTOSBFToshiba set to buy assets of Elettra Technology, The Globe and Mail says
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May 20, 2013
05:58 EDTTOSBFAdvanced Semiconductor acquires shares of Wuxi Tongzhi for RMB 70M from Toshiba
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May 14, 2013
10:49 EDTTOSBFDell accuses optical disk drive makers of price-fixing, Bloomberg says
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