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Stock Market & Financial Investment News

News Breaks
January 4, 2013
08:14 EDTSHAW, TOSBFShaw's NEH sells 20% interest in Toshiba Nuclear Energy Holdings
Shaw (SHAW) says in an 8-K filing that on January 4, Nuclear Energy Holdings, a wholly owned special purpose subsidiary, sold its 20% equity interest in Toshiba Nuclear Energy Holdings (US) Inc. and Toshiba Nuclear Energy Holdings (UK) Limited, and their subsidiaries to Toshiba Corp. (TOSBF). Toshiba purchased the Shares at a price of Y$124.7B, the price prescribed in the Put Option Agreements entered into by the parties at the time of NEH’s original investment. The cash proceeds were deposited in trust to fund 96.7% of the future repayment of limited recourse bonds issued through the Japanese private placement market to fund NEH’s investment in Westinghouse. NEH will separately fund the Trust with the remaining 3.3%, $4.3B JPY, of the principal amount of the Westinghouse Bonds, plus the regularly scheduled semi-annual interest payment by March 15. The Trustee will repay the Westinghouse Bonds at their maturity on March 15.
News For SHAW;TOSBF From The Last 14 Days
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June 29, 2015
08:18 EDTTOSBFMerge Healthcare, Toshiba America Medical Systems announce partnership
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06:05 EDTTOSBFNotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
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June 23, 2015
06:05 EDTTOSBFNo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
June 22, 2015
06:19 EDTTOSBFToshiba looks to commercialize unrbreakable encryption system, WSJ reports
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June 17, 2015
05:57 EDTTOSBFToshiba agrees on new business structure for TV brand licensing in Europe
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