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The Latest Breaking News from Toshiba

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

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

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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

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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

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"

Bristol 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

Birmingham 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.

Bangkok Post

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…

Benzinga

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.

RideApart

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

Reuters

Benzinga

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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…

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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

Benzinga

Toshiba Director Looks To Support Buyout, Against Board Opposition

Toshiba Corp (OTC:TOSYY) director American Raymond Zage locked horns with the board as he agreed to back a resolution that could lead to a potential buyout, Reuters reports Zage, a former Goldman Sachs banker and hedge fund manager, looked to back the resolution at next week's extraordinary shareholder meeting. Zage believed he…

The Japan News/Yomiuri

Toshiba needs to present clear strategy to enhance corporate value

Even though Toshiba Corp. is one of the most prestigious companies in Japan, there is no end in sight to its management woes. The new management team should quickly present measures to improve its corporate value that will satisfy shareholders.

Asharq Al-Awsat

Japan’s Toshiba CEO Steps Down amid Restructuring Efforts

Toshiba’s Chief Executive Satoshi Tsunakawa is stepping down, as the embattled Japanese technology giant seeks to restructure and restore its reputation. Tsunakawa will be replaced by Taro Shimada, an executive officer and corporate senior vice president, under a decision made at a Toshiba board meeting Tuesday, the Tokyo-based company said.…

The Independent UK

Japan's Toshiba CEO steps down amid restructuring efforts

Toshiba’s Chief Executive Satoshi Tsunakawa is stepping down, as the embattled Japanese technology giant seeks to restructure and restore its reputation

Benzinga

Carrier Global Q4 Earnings Tops Street View, Provides FY22 Outlook

Carrier Global Corp (NYSE:CARR) reported fourth-quarter FY21 sales growth of 11.7% year-over-year to $5.13 billion, 11% on an organic basis, beating the consensus of $4.83 billion. Sales by segments: HVAC $2.73 billion (+16.9% Y/Y), Refrigeration $1.09 billion (+14.9% Y/Y), and Fire & Security $1.43 billion (+2.4% Y/Y). The operating margin for the quarter…

France 24

Major multinationals falling short on 'net zero' climate pledges, report claims

Some of the world's top corporations have made bold promises to reach carbon neutrality. But according to a report from the New Climate Institute, many of them are far off track from their own targets. Also, Japanese conglomerate Toshiba revises its restructuring plan, and cryptocurrency exchanges are planning to spend…

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