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The Latest Breaking News from Toshiba

Troubled Toshiba’s profits chipped by raw materials hike

Business offset half the impact of higher materials and logistics costs with price increases

Evening Standard

Japan's Toshiba boosts profit on devices, auto sector demand

Toshiba has reported a 44% improvement in profit in the last quarter as the Japanese technology giant revamps its brand image and seeks to reassure investors about its management

The Independent UK

Best TV deals for Amazon Prime Day 2022: Offers on LG, Samsung au8000 and more

Deals on TVs from under 32” to over 75”

Evening Standard

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These Are Amazon's 10 Best Prime Day Deals 2022: Smart TVs, Streaming Services, Apple Watches And More

Amazon.com Inc (NYSE: AMZN) Prime Day will be kicking off Tuesday, July 12 at midnight PDT (3 a.m. EDT) and runs through July 13.

Benzinga

Thai distributor anticipates double-digit sales growth

Toshiba (Thailand) Co, the distributor of Toshiba home appliances, expects double-digit sales growth for the third consecutive year in 2022, bolstered by easing of Covid-19 control measures and the country's full reopening to foreign tourists.

Bangkok Post

Toshiba Shareholders Vote Activist Investors To Board

Toshiba Corp (OTC:TOSBF) (OTC:TOSYY) reported results from the shareholders' meeting, where members from activist hedge funds were elected to the board. Elliott Management's Nabeel Bhanji and Farallon Capital Management's Eijiro Imai were elected as board members, Reuters reported. Akihiro Watanabe, an executive from investment bank Houlihan Lokey, becomes the board chairman. The report added…

Benzinga

MGA Thermal powers up to meet global demand for clean energy storage

Newcastle-based clean energy company MGA Thermal has unveiled the first stage of its new commercial manufacturing facility in Tomago.

Newcastle Herald

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Benzinga Before The Bell: Tesla's Cybertruck Update, Twitter's New Feature, Netflix's Ad-Tier And Other Top Financial Stories Thursday, June 23

CNBC Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities

Benzinga

Bidders Offers Value Toshiba Up To $22B: Reuters

Potential buyers for Japanese conglomerate Toshiba Corp (OTC:TOSYY) are mulling offering up to 7,000 yen ($51.41) per share, Reuters reported. The offer price, if realized, will value the company at about $22 billion, representing a 27% premium to Toshiba's share price of 5,501 yen as of Wednesday's close. Related: Toshiba Gets Privatization Proposals -…

Benzinga

Bargain-Hunting: 5 Oversold Tech Stocks to Scoop Up Right Now

Tech stocks have been among the worst affected by the extended market correction, which has fostered primarily by the Federal Reserve’s aggressive interest rate hikes this year. However, the continuing digital transformation, increased adoption of advanced technologies, and corporate and government spending should allow fundamentally sound stocks to rebound soon.…

StockNews.com

Japan Tech Giant Toshiba Studying Going Private as an Option

Toshiba executives said Friday that privatization remains an option for the Japanese technology company, as they defended their efforts to choose the right bidder to restore what they called “a strong Toshiba.” Tokyo-based Toshiba has been trying to win over shareholders to a restructuring plan. The company has not given…

Asharq Al-Awsat

Japan tech giant Toshiba studying going private as an option

Executives of Japanese energy and electronics giant Toshiba say they see taking the company private as an option

The Independent UK

Toshiba Gets Privatization Proposals - Guess How Many Are Interested

Japanese multinational Toshiba Corp (OTC:TOSYY) has received eight proposals for privatization and two to form capital alliances that would make it remain listed. The company’s board of directors and a special committee have previously sought proposals for strategic alternatives after the shareholders voted against a proposed restructuring plan. The proposals received are not legally…

Benzinga

Japan's troubled Toshiba proposes outside directors to board

Troubled Japanese technology giant Toshiba has announced some additions to its proposed leadership ahead of a shareholders’ meeting next month

The Independent UK

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Bristol Post

World-first STEP fusion energy plant decision looms as technical work ends

Severn Edge bid for sites at Oldbury and Berkeley former power stations remains "very positive"

Birmingham Post

Nuclear fusion plant bid for Gloucestershire receives backing from Toshiba and Renishaw

The Government is considering five locations around the UK for the site and is expected to make a decision by the end of 2022

Bangkok Post

TV manufacturer eyes growth in Thai market

TVS REGZA Corporation, the operator of Toshiba TV, has resumed its active expansion in Thailand's 30-billion-baht television market, in an attempt to substantially raise its market share.

Benzinga

Toshiba Bags Interest From 10 Potential Investors: Reuters

Toshiba Corp (OTC:TOSYY) bagged interest from 10 potential investors after canvassing buyout offers, Reuters reports. The deadline for submitting non-binding proposals is May 30. Also Read: Toshiba To Weigh Deals To Go Private Long under pressure from activist shareholders, the Japanese conglomerate also announced a special dividend worth $545 million for the second…

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RideApart

Electric Motorcycle Brand Horwin To Test Niobium-Rich Batteries

German electric motorcycle and scooter manufacturer Horwin partners with Brazilian niobium specialists CBMM to develop niobium-rich lithium-ion batteries.

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Friday, April 8

Reuters

Benzinga

Toshiba To Weigh Deals To Go Private

Toshiba Corp (OTC:TOSYY) looks to assess potential bids from private equity and other investors to take the Japanese conglomerate private, the Financial Times reports. The new committee assessing the bids will include the group's six existing independent directors, Tiga Investments founder Raymond Zage and the former Noble Group executive chair Paul Brough. …

StockNews.com

3 Computer Hardware Stocks That Are Fantastic Deals

The continuing hybrid working trends and rapid digitization across businesses are expected to bolster the growth of the computer hardware industry. In addition, rising investments in smart-city projects around the globe could further fuel the overall demand for computer hardware. Therefore, fundamentally strong computer hardware stocks Toshiba (TOSYY), Lenovo Group…

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Thursday, March 24

CNBC

Benzinga

Toshiba Shareholders Vote Down Competing Proposals, Spin-Off Plan: Reuters

Multinational conglomerate Toshiba Corp's (OTC:TOSYY) shareholders voted down buyout offers, leading to an uncertain future for the company. The company's efforts to seek buyout offers and its plan to spin off Toshiba's devices unit failed to gain the required vote, Reuters reported. The shareholder's rejection has left the company in limbo, with no end in…

The Independent UK

Japan's Toshiba shareholders vote down restructuring plan

Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. have rejected a major restructuring plan

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