|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.95 - 17.10|
|52 Week Range||12.90 - 17.69|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||1.17|
|Forward Dividend & Yield||0.18 (1.08%)|
|1y Target Est||N/A|
Moody's Japan K.K. has affirmed Toshiba Corporation's B1 corporate family and senior unsecured ratings, as well as its Not Prime commercial paper rating. "The change in outlook to negative reflects Toshiba's dwindling cash balance due to unexpected cash outlays, as well as increasing uncertainty over its ability to turn around its profit," says Masako Kuwahara, a Moody's Vice President and Senior Analyst. Moody's forecasts that Toshiba has sufficient cash to cover the negative free cash flow and planned share buybacks at least over the next 12 months, but after that, it would need external funding to supplement its depleting cash balance.
Moody's Investors Service has affirmed the Aa3 rating on Douglas County Public Utility District 1, WA's (Douglas PUD) revenue bonds and stable outlook. Douglas PUD's Aa3 rating affirmation is supported by its highly competitive hydro generation, expectations for robust debt service coverage ratios owing to lower annual debt service, and strong liquidity.
Moody's Investors Service says that ENN Ecological Holdings Co., Ltd's termination of its acquisition of Toshiba Corporation's (B1 stable) LNG business will reduce business risks, a credit positive, but has no immediate impact on its Ba2 corporate family rating. On 18 April, ENN Ecological announced that it had received a notice from Toshiba America, Inc. and Toshiba Energy Systems & Solutions Corporation -- subsidiaries of Toshiba Corporation -- to terminate the agreement to acquire Toshiba's LNG business.
General Electric's (GE) advanced HA gas turbine technology will make HEPCO's power plant more efficient in producing electricity in Hokkaido island.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Toshiba Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
YOKOHAMA, Japan (AP) — Toshiba Corp. unveiled a remote-controlled robot with tongs on Monday that it hopes will be able to probe the inside of one of the three damaged reactors at Japan's tsunami-hit Fukushima nuclear plant and grip chunks of highly radioactive melted fuel.
Moody's Investors Service has assigned a first-time Ba2 corporate family rating (CFR) to ENN Ecological Holdings Co., Ltd. "ENN Ecological's Ba2 CFR reflects the favorable industry trends for its methanol production and clean energy related businesses, its long track record, and its diversified business portfolio," says Chenyi Lu, a Moody's Vice President and Senior Credit Officer. ENN Ecological benefits from favorable industry trends given its focus on expanding its methanol production and clean energy related businesses, namely energy construction and liquefied natural gas (LNG) production.
Micron Technology (NASDAQ:MU) continues to be the best bargain on Wall Street, but don’t approach Micron stock unless you have a strong stomach and a long-term perspective. Micron stock shares are down almost 24% over the last three months and are failing to maintain their late-October bounce. Micron easily surpassed my own $3.30 per share target, with earnings coming in at $4.3 billion, $3.56 per share, on revenue of $8.4 billion.
surged Thursday, Nov. 8, on news that the Japanese manufacturing conglomerate would cut 7,000 jobs as part of a larger corporate restructuring initiative. American depositary receipts of Toshiba rose 10% to $16.35. Toshiba, now an owner of many industrial-related subsidiaries, is reorganizing its energy businesses in both the U.S. and the U.K.