TEHRAN, June 25 - Japan’s Toshiba Corp (6502.T) on Monday said the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company.
TEHRAN, June 05-Japan’s Sharp Corp said it will buy Toshiba Corp’s personal computer business for 4 billion yen ($36 million), highlighting its recovery under the control of Foxconn and marking a return to a business it quit eight years ago.
TEHRAN, March 30 -Toshiba Corp said on Friday it would not be able to complete an $18 billion deal to sell its prized chip unit by an agreed deadline at the end of March, as it had not received anti-monopoly approval from China.
TEHRAN, February 14 - Toshiba Corp appointed a former banker from a key creditor bank as CEO and forecast its first annual profit in four years, making progress in its efforts to recover from billions of dollars in losses at its U.S. nuclear unit Westinghouse.
TEHRAN, December 1 -Toshiba Corp (6502.T) and Western Digital Corp (WDC.O) are close to settling a legal dispute that has threatened to become a major stumbling block in the embattled Japanese conglomerate’s plans to sell its $18 billion semiconductor unit, media reported.
TEHRAN, November 20 - Toshiba Corp’s plan to raise some $5.4 billion through a sale of new shares will help it avoid a delisting, but will also see more than 30 overseas investors, including activist funds, own 35 percent of the embattled conglomerate.
TEHRAN, October 24 -Toshiba Corp is considering various measures in case it will not be able to complete the $18 billion sale of its prized chip unit by the end of March, its chief executive said on Tuesday.