|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.53 - 17.83|
|52 Week Range||9.51 - 24.49|
|PE Ratio (TTM)||-1.37|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
YOKKAICHI, Japan (AP) — At Toshiba's flash-memory chip plant in Yokkaichi, the orderly quiet of the clean room, with its metal boxes zipping around on overhead rails, contrasts sharply with the messy feud between its owners over plans to sell this prized asset.
Deutsche Bank delved into the uncertainty regarding Western Digital Corp (NASDAQ: WDC )'s joint venture with Toshiba Corp (USA) (OTCMKTS: TOSYY) in a Wednesday note. Citing the uncertainty and the dynamics ...
Benchmark’s Gary Mobley takes a look at semiconductors today, writing that the sector is easily outpacing the broader tech industry. Mobley writes that in March, the PHLX Semiconductor Index (SOX) closed above 1,000 the for the first time since the tech bubble burst in 2000, and since then the index has jumped another 10%. Mobley attributes the stellar performance to climbing chip industry sales and another year of over $100 billion in M&A. To the latter point, M&A value in the sector is approaching $40 billion year to date, now that Toshiba's (TOSYY and 6502.Japan) Board has agreed to a sales back by a consortium which includes Apple (AAPL), Seagate (STX), Bain and others.
ATLANTA (AP) — The federal government is showing its continued support for the construction of two reactors at a Georgia nuclear power plant, a troubled project that has already far exceeded its initial budget and timeline.
Global stock markets were stable Thursday as investors tried to gauge the impact of the sweeping tax reform plan unveiled by U.S. President Donald Trump, while geopolitical tensions surrounding North Korea ...
Announcement: Moody's: SK Hynix's proposed investment in Toshiba's semiconductor business has no rating impact. Global Credit Research- 28 Sep 2017. Hong Kong, September 28, 2017-- Moody's Investors Service ...
Announcement: Moody's: Toshiba's announced sale of memory business is credit positive, no immediate ratings impact. Global Credit Research- 21 Sep 2017. Tokyo, September 21, 2017-- Moody's Japan K.K. says ...
Rating Action: Moody's assigns Baa1 rating to Georgia Power's Junior Subordinated Notes. Global Credit Research- 18 Sep 2017. Approximately $270 million of debt securities rated.
TOKYO (AP) — Toshiba's long meandering sale of its computer memory business took another turn Wednesday, as the Japanese nuclear and electronics company's announcement of a deal with a consortium was immediately met with opposition from U.S. joint venture partner Western Digital.
Western Digital's (WDC) acquisition of app-based cloud-storage startup, Upthere, will boost its footprint in the cloud-storage market.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Toshiba Corp. Here are 5 ETFs with the largest exposure to TOSYY-US. Comparing the performance and risk of Toshiba Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
The Development Bank of Japan and US private equity firm KKR have reportedly offered $17.3 billion for Toshiba’s (TOSYY) memory chip unit.
Categories: Yahoo FinanceGet free summary analysis Toshiba Corp. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Toshiba Corp. – Sony Corporation Sponsored ADR, Royal Philips NV Sponsored ADR, Panasonic Corporation Sponsored ADR, Sharp Corporation Unsponsored ADR, General Electric Company, ON Semiconductor Corporation, STMicroelectronics NV ADR ... Read more (Read more...)
If you haven’t heard, Western Digital Corp (NASDAQ:WDC) — a data storage firm that has a 47-year history in Silicon Valley — is in a cage match with Japanese tech titan Toshiba Corp (USA) (OTCMKTS: TOSYY). One of Toshiba’s divisions is Westinghouse, a formerly U.S. company that now specializes in building one of the only nuclear reactors in the market. Toshiba bought out ailing nuke maker Westinghouse to supply the growing market.
Amir Anvarzadeh, director of Japan Equity Sales, BGC Securities (Singapore), said he is shorting Toshiba because after the sale of its chip unit, the other businesses generally lag the market.
SK Hynix could be set to become a much larger player in the flash memory space if the deal goes through, says Patrick Moorhead of Moor Insights & Strategy.
Reports show that Toshiba now favors Western Digital in the sale of its chip unit. Rob Enderle of Enderle Group says a deal with WDC could be better for Toshiba.
Kazunori Ito, Senior Equity Analyst, Ibbotson Associates Japan, said that Toshiba and Western Digital will likely find a way to a deal, but not before "tough negotiations."
Toshiba's negotiating moves over its semiconductor unit are "tactical," but it will end up with Western Digital, says Mehdi Hosseini, senior analyst and senior VP of semiconductors, Susquehanna Financial Group.
Nordstrom, Target, Walt Disney and Toshiba are among the stocks to watch.