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Stock Market & Financial Investment News

News Breaks
July 21, 2014
07:36 EDTTOSBFToshiba seeking $1.08B in damages from SK Hynix
Toshib is seeking $1.08B in damages from rival SK Hynix in a lawsuit filed earlier this year claiming that SK Hynix illegally obtained some of its flash memory chip technology, the Wall Street Journal reports. Reference Link
News For TOSBF From The Last 14 Days
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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
January 24, 2016
18:49 EDTTOSBFToshiba to sell part of chip business, Reuters says
Toshiba plans to sell part of its chip operations and has begun accepting bids, with exploratory interest already shown by Development Bank of Japan, reports Reuters, citing sources. The potential sale would exclude the company's NAND flash memory but would include its system LSI and discrete chip businesses, the sources told Reuters. Reference Link

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