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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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January 29, 2015
06:16 EDTTOSBFToshiba to license North American TV business to Compal Electronics
06:15 EDTTOSBFToshiba to cease TV development, sales operations in North America
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06:15 EDTTOSBFToshiba announces restructuring of global TV business
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January 28, 2015
05:58 EDTTOSBFSharp estaimtes LCD TV shipments to reach 6M in FY14, DigiTimes reports
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January 22, 2015
07:53 EDTTOSBFToshiba negotiating nuclear reactor deals with China, Kazakhstan, Reuters says
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January 16, 2015
06:10 EDTTOSBFGlobal notebook shipments to reach 46M units in Q4, DigiTimes Research says
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