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The Latest Breaking News from TOSYY

Will These 3 Tech Stocks Be Wins in October?

The technology hardware industry is well-poised for significant growth and expansion, driven by growing digitalization across multiple sectors and the rapid adoption of emerging technologies like AI, IoT, and more. Amid this, are tech stocks Apple (AAPL), Toshiba (TOSYY), and Logitech (LOGI) ideal buys this month? Read more to find…

StockNews.com · Oct 4, 2023

Unleash Tech Potential With These 3 Stocks

The tech industry is benefitting from increasing demand and investments. Given the solid long-term prospects, investors could consider tech stocks TDK Corporation (TTDKY), Toshiba (TOSYY), and Quantum (QMCO). Keep reading.

StockNews.com · Jul 7, 2023

Is the Tech Sector Making a Comeback? 3 Stocks to Get in on Now

Hiring activity in the tech sector remains on an upward trend underscoring its strength. Moreover, analysts are optimistic about the industry. So, with the sector seemingly making a comeback, tech stocks TDK Corporation (TTDKY), Toshiba Corporation (TOSYY), and Dell Technologies. (DELL) might be solid investments. Read on….

StockNews.com · Jul 13, 2022

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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 · Jun 28, 2022

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 · Jun 23, 2022

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 · Jun 3, 2022

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 · May 13, 2022

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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. …

Benzinga · Apr 8, 2022

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…

StockNews.com · Apr 5, 2022

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…

Benzinga · Mar 24, 2022

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…

Benzinga · Mar 17, 2022

Toshiba To Invest $1B To Drive Chip Production

Toshiba Corp (OTC:TOSYY) looks to construct a new 300-millimeter wafer fabrication facility for power semiconductors at its main discrete semiconductor production base, Kaga Toshiba Electronics Corporation, in Ishikawa Prefecture. Toshiba will invest ~125 billion yen ($1.09 billion) to more than double the production of power management semiconductors to match up to the likes…

Benzinga · Feb 4, 2022

4 Value Stocks in the Tech Sector to Scoop Up in February

Despite the tech industry's current struggle with supply chain bottlenecks, and a potential negative impact from interest rate hikes, businesses' increase in tech budgets and several emerging trends in this space should propel the industry's growth. Therefore, it could be wise to bet on fundamentally sound tech stocks NXP Semiconductors…

StockNews.com · Jan 31, 2022

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