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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:16 EDTTOSYYToshiba looks to up annual sales by Yen1T in 3 years time, Reuters says
Toshiba said that it is planning to increase annual sales by Yen1T to Yen7.5T in three years time as it ups sales to business customers and boosts revenues outside of Japan, reported Reuters. Reference Link
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February 9, 2016
06:28 EDTTOSYYINCJ 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
06:37 EDTTOSYYToshiba to purchase land to expand flash memory output, DigiTimes reports
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January 27, 2016
06:53 EDTTOSYYKKR, 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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