Toshiba Spinoff Speculation Sees Stock Soar
Toshiba seeks to rebuild a business mired in scandals and cost overruns.
Toshiba spinoff speculation has caused the company's stock to soar. The electronics-to-nuclear conglomerate is seeking paths to rebuild a business mired in scandals and cost overruns.
Toshiba has reportedly expressed interest in investing more in its semiconductor business. Toshiba is currently trying to boost its fragile capital after it was eroded by greater-than-expected writedowns.
