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Toshiba Cuts Annual Profit Outlook After 75 Percent Plunge in Q2 Earnings
Toshiba on Friday said that it was cutting its annual operating profit outlook after the company reported dismal second-quarter profit. The Japanese firm reported a 75 percent fall in Q2 profit, and said it was impacted by a slew of factors including a slump in the hard disk drive market and an appraisal loss following a fall share prices in the co...
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Western Digital CEO Said to Be in Japan to Finalise Toshiba Chip Deal
Toshiba is scrambling to sell its flash memory unit to cover losses from its bankrupt US nuclear business Westinghouse.
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Toshiba Says It's Willing to Talk With Western Digital About Chip Unit Sale
The two have been feuding bitterly and Western Digital has sought a US court injunction to prevent any deal that does not have its consent.
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Toshiba in Chaos: $6.3-Billion Write-Down, Chairman Resigns, Bankruptcy Looms
Toshiba, which makes products as diverse as televisions and nuclear reactors, has had a rocky few years.
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Toshiba Says Cooperating With US on 'Accounting Problem'
Toshiba is expecting a huge loss of about $6.4 billion for the year to March.
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Toshiba Finds More Accounting Errors, Promises Improvement
Toshiba said the company had treated the additional errors as losses in financial reports for two quarters through December.
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Toshiba to Book Record Loss, Cut 5 Percent of Workforce This Year
The firm will cut 6,800 consumer electronics jobs taking its total this year beyond 10,000, including those previously announced and seeking voluntary early retirement.
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Toshiba Swings to Q1 Loss on Weak PC, TV Sales
The announcement came a week after Toshiba reported a JPY 37.8 billion net loss for the last financial year.
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Toshiba Posts $318 Million Loss in Wake of Accounting Scandal
The vast 140-year-old conglomerate said that its annual loss for the year to March 2015 would be JPY 37.8 billion.
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Toshiba cuts forecast on global economy worries
Toshiba booked a 3.6 billion yen loss in its digital products segment in April-September, largely due to a major drop in LCD television demand in Japan.
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Toshiba Cuts Annual Profit Outlook After 75 Percent Plunge in Q2 Earnings
Toshiba on Friday said that it was cutting its annual operating profit outlook after the company reported dismal second-quarter profit. The Japanese firm reported a 75 percent fall in Q2 profit, and said it was impacted by a slew of factors including a slump in the hard disk drive market and an appraisal loss following a fall share prices in the co...
-
Western Digital CEO Said to Be in Japan to Finalise Toshiba Chip Deal
Toshiba is scrambling to sell its flash memory unit to cover losses from its bankrupt US nuclear business Westinghouse.
-
Toshiba Says It's Willing to Talk With Western Digital About Chip Unit Sale
The two have been feuding bitterly and Western Digital has sought a US court injunction to prevent any deal that does not have its consent.
-
Toshiba in Chaos: $6.3-Billion Write-Down, Chairman Resigns, Bankruptcy Looms
Toshiba, which makes products as diverse as televisions and nuclear reactors, has had a rocky few years.
-
Toshiba Says Cooperating With US on 'Accounting Problem'
Toshiba is expecting a huge loss of about $6.4 billion for the year to March.
-
Toshiba Finds More Accounting Errors, Promises Improvement
Toshiba said the company had treated the additional errors as losses in financial reports for two quarters through December.
-
Toshiba to Book Record Loss, Cut 5 Percent of Workforce This Year
The firm will cut 6,800 consumer electronics jobs taking its total this year beyond 10,000, including those previously announced and seeking voluntary early retirement.
-
Toshiba Swings to Q1 Loss on Weak PC, TV Sales
The announcement came a week after Toshiba reported a JPY 37.8 billion net loss for the last financial year.
-
Toshiba Posts $318 Million Loss in Wake of Accounting Scandal
The vast 140-year-old conglomerate said that its annual loss for the year to March 2015 would be JPY 37.8 billion.
-
Toshiba cuts forecast on global economy worries
Toshiba booked a 3.6 billion yen loss in its digital products segment in April-September, largely due to a major drop in LCD television demand in Japan.
