‘Toshiba’ Tagged Posts

As nuclear loss grows, Toshiba needs chip investors, soon

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As nuclear loss grows, Toshiba needs chip investors, soon

Toshiba to brief on Westinghouse impairment charges on Friday

 

Toshiba to brief on Westinghouse impairment charges on Friday

Chief Executive Masashi Muromachi and Westinghouse chief Danny Roderick will both attend the briefing, said Toshiba.

The conglomerate reported this month Westinghouse charges of $ 930 million booked in fiscal 2012 and $ 390 million in fiscal 2013 as the Fukushima disaster reduces the demand for new nuclear power plants. [nL3N1372RN]

Increasing speculation long held by analysts that the value of the assets and goodwill associated with Toshiba’s 87 percent share is overestimated in the core unit.

(Reporting by Makiko Yamazaki; Editing by Jason Neely)