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Stock Market & Financial Investment News

News Breaks
January 20, 2013
14:38 EDTTOSYYToshiba considers bid for U.K.'s Urenco, Sunday Times says
Toshiba (TOSYY) is weighing a bid for Urenco, the nuclear fuel producer backed by the British government, says the Sunday Times. .Reference Link
News For TOSYY From The Last 14 Days
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July 28, 2015
13:23 EDTTOSYYMore Toshiba executives expected to resign over accounting scandal, Nikkei says
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July 27, 2015
06:39 EDTTOSYYToshiba develops new process technologies for MCUs, wireless ICs, DigiTimes says
Toshiba announced the development of 2 new process technologies for low-cost applications such as microcontrollers, wireless communication ICs, motor controller drivers and power supply ICs, reports DigiTimes. In response to strong demand for low power consumption in areas using wearable and healthcare-related equipment, Toshiba adopted SST's third-generation SuperFlash cell technology, in combination with its own 65nm logic process technology. Reference Link
July 21, 2015
05:46 EDTTOSYYToshiba CEO Hisao Tanaka resigns following accounting scandal, BBC reports
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July 20, 2015
11:30 EDTTOSYYToshiba to restate past profits by at least Y151.8B after probe
Toshiba provided notice earlier that it received the investigation report from its independent investigation committee and reported that it must correct at least Y151.8B of pretax earnings over a period from fiscal year 2008 to fiscal year 2014 through the third quarter. The company will review fiscal 2014 earnings with auditors and submit its result by the end of August, the company noted. Reference Link
July 19, 2015
18:22 EDTTOSYYJapanese regulator to pursue penalty for Toshiba, Nikkei says
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July 17, 2015
06:12 EDTTOSYYToshiba executives involved in improper accounting, probe finds, Reuters reports
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July 15, 2015
08:50 EDTTOSYYToshiba to book charges of $2.4B-$3.2B for improper accounting, Reuters says
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06:06 EDTTOSYYToshiba CEO, Vice Chairman expected to step down in September, Reuters reports
Toshiba CEO Hisao Tanaka is expected to step down in September in order to take responsibility for accounting irregularities which sources say led to profits being overstated by over Y170B, or $1.2B, Reuters reports. Other board members, including Vice Chairman Norio Sasaki, are also expected to step down, the sources say. Reference Link

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