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Toray Industries this week acknowledged falsifying product-quality data, but it is only the latest company in Japan to stub its toe in a big way.
Westinghouse is in discussions with other U.S.-based firms to organize a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia.
Toshiba, whose stock is lower over 27% year-over-year, needs cash to meet obligations from its failed U.S. nuclear unit Westinghouse Electric.
European stocks open lower Friday following a weaker session in Asia and a sharp sell-off on Wall Street last night.
The Japanese conglomerate is said to be looking at the option of raising about $5.3. billion, according to reports
U.S. stock futures point to a weaker start for Wall Street on Thursday, ahead of a reading on the growth of the U.S. economy and as investors react to early tax reform proposals from the Trump administration.
Toshiba's on-again, off-again memory unit sale still faces a legal challenge from Western Digital
U.S. stock futures point to a mixed start for Wall Street on Tuesday.
Western Digital stock could climb to $100 if it's able to buy Toshiba's flash business, Jim Cramer says. Another buyer has emerged, though, so the once assumed purchase for WDC may not come to fruition.
U.S. stock futures point to a weak start for Wall Street on Wednesday.
U.K. pound tests one year high against the dollar ahead of Bank of England rate decision
Toshiba has chosen to enter direct talks with a group led by Bain Capital for the sale of its prized flash memory division in a deal that could be worth $18 billion.
Apple has attempted to discourage Western Digital from buying Toshiba's chip business.
The unit is expected to be sold for as much as $18 billion.
The move could help Toshiba finally sell the unit.
Despite a last minute bid by Bain Capital, Toshiba failed to meet a deadline to sell its prized chip unit.
The world's second-largest retailer, Carrefour, issued a surprise profit warning.
Bain Capital is leading a consortium that is bidding for the unit.
A drawn-out legal battle over the sale of Toshiba's giant flash memory unit would hurt both parties.
U.S. stock futures suggest Wall Street will open higher on Thursday, as the annual gathering of central bankers in Jackson Hole, Wyoming, kicks off.
Western Digital could offer ¥150 billion in convertible bonds
Toshiba has put its flash memory unit up for sale.
Toshiba had previously said a Japanese group was in the lead position for the sale.
Toshiba shares closed at a six week high
Western Digital has a joint interest in Toshiba's chip unit.
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