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

TOKYO (AP) — Toshiba reported a 44% improvement in profit in the last quarter as the Japanese technology giant worked to revamp its brand image and reassure investors about its management....

Toshiba logs surprise quarterly operating loss on higher materials costs

Toshiba Corp on Wednesday posted an unexpected operating loss in the April-June first quarter as it grappled with a global chip shortage and a sharp rise in costs for raw materials.

Toshiba Corp. PT Raised to JPY4,320 at Credit Suisse

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Dow Jones Newswires: Toshiba shareholders approve proposal to invite activist investors to board

Toshiba Corp. shareholders on Tuesday approved the company's proposal to invite representatives from two foreign activist funds onto its board. Toshiba is aiming at improving its relationship with...

Dow Jones Newswires: Toshiba shares rise on potential offer to take company private

Toshiba Corp. shares rose as much as 6.5% to 5,858 yen in Thursday morning trade before paring gains to Y5,765. Reuters reported that the offer price range of up to Y7,000 a share would represent...

Brazil greenlights study of Petrobras privatization, analysts remain skeptical

President Jair Bolsonaro's government aims to include state oil company Petrobras in its privatization program. Analysts call it a long-shot for the far-right leader seeking reelection. The move...

Bain Capital Looks at Possible Takeover Bid for Toshiba

U.S. private-equity firm gets support from top shareholder of Toshiba. Bain Capital wants to hold talks with Toshiba, Japanese government and banks. Bain says it wants to take over Toshiba’s...

Toshiba CEO suddenly resigns amid opposition to restructuring plans

Toshiba Corp said on Tuesday CEO Satoshi Tsunakawa has resigned - a sudden departure that comes after sources said revised restructuring plans sparked opposition within the company in addition to...

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