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Stock Market & Financial Investment News

News Breaks
February 6, 2014
06:23 EDTTOSBFToshiba shifts notebook R&D center to Taiwan, DigiTimes reports
Toshiba is beginning to shift notebook R&D center to Taiwan from Japan as it expands the staff to 100 engineers, reports DigiTimes. Citing Taiwan-based notebook supply chain makers, the shift is due to Taiwan's strong capability and lower costs for notebook development. 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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January 27, 2016
06:53 EDTTOSBFKKR, Bain, Fujifilm to make offers for Toshiba Medical, Reuters reports
KKR (KKR), Bain Capital, and Fujifilm (FUJIY) are among possible bidders for a medical equipment unit of Toshiba (TOSBF) in a deal that could be valued as high as $3B, Reuters reports, citing people familiar with the process. Reference Link

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