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Stock Market & Financial Investment News

News Breaks
July 23, 2012
13:10 EDTTOSBFToshiba planning to cut NAND flash memory production by 30%, Nikkei reports
Toshiba (TOSBF) is planning to cut NAND flash memory production by 30% as demand shrinks and the economy slows, the Nikkei reports. Output at Toshiba's Yokkaichi plant will be reduced as early as this month. Reference Link
News For TOSBF From The Last 14 Days
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February 9, 2016
06:28 EDTTOSBFINCJ pitches Sharp on intention for smart home-appliance giant, Bloomberg says
Innovation Network Corp. of Japan is trying to pitch Sharp's (SHCAY) board on intentions to establish a Japanese smart home-appliances giant, Bloomberg reports, citing people with knowledge of the matter. The move is an effort from the state-backed fund to convince Sharp to accept its bailout offer over a rival offer from Foxconn (HNHPF), the report says. INCJ also is preparing an offer for Toshiba's (TOSBF) white-goods business, which it would then combine with Sharp, the report says. Reference Link
February 4, 2016
11:33 EDTTOSBFSamsung postpones investment in Xi'an semi plant, BusinessKorea says
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06:37 EDTTOSBFToshiba to purchase land to expand flash memory output, DigiTimes reports
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