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Stock Market & Financial Investment News

News Breaks
May 23, 2014
08:17 EDTTOSBFToshiba's plans call for Y7.5T in sales in 2016, Nikkei reports
Toshiba's plans are calling for Y7.5T in sales in 2016, an increase of 15% from FY13 results, the Nikkei reports. The company is planning to invest Y1.5T over the next three years, and will look to expand sales primarily in health care, semiconductor and power systems. 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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