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Toshiba Corp (6502.T)

6502.T on Tokyo Stock Exchange

308JPY
23 Feb 2018
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Wed, Feb 14 2018

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Toshiba names ex-banker as CEO, seen tackling opposition to chip unit sale

TOKYO Toshiba Corp appointed a former banker experienced in dealing with distressed companies as CEO, and forecast its first annual profit in four years, helped by a buoyant chip business that it has agreed to sell.

Toshiba names ex-banker as CEO, seen tackling opposition to chip unit sale

TOKYO Toshiba Corp appointed a former banker experienced in dealing with distressed companies as CEO, and forecast its first annual profit in four years, helped by a buoyant chip business that it has agreed to sell.

UPDATE 2-Toshiba names ex-banker as CEO, seen tackling opposition to chip unit sale

* New CEO is from CVC Capital and before that SMFG's core bank

BRIEF-Toshiba CEO: No Change To Plan To Sell Chip Business

* CEO SATOSHI TSUNAKAWA: NO CHANGES TO ITS PLAN TO SELL CHIP BUSINESS Further company coverage:

Toshiba expects first annual net profit in four years

TOKYO Japan's Toshiba Corp said it expects to book its first net profit in four years, as it makes progress to recover from billions of dollars in losses at its U.S. nuclear unit Westinghouse.

Toshiba expects first annual net profit in 4 years

TOKYO, Feb 14 Japan's Toshiba Corp said it expects to book its first net profit in four years, as it makes progress to recover from billions of dollars in losses at its U.S. nuclear unit Westinghouse.

Toshiba says to appoint ex-banker as next CEO

TOKYO, Feb 14 Japan's Toshiba Corp said on Wednesday it is appointing Nobuaki Kurumatani, a former executive of Sumitomo Mitsui Financial Group, as its chairman and chief executive.

BRIEF-Nankai Management Service files lawsuit against Toshiba's unit

* Says Nankai Management Service Co.,Ltd filed a lawsuit against co's unit Toshiba Tec Corp regarding system construction business dispute, claiming compensation of about 16.4 million yen

Toshiba completes sale of Westinghouse claims, replenishes finances

TOKYO Toshiba Corp said on Tuesday it has completed the sale of its claims against bankrupt U.S. nuclear unit Westinghouse Electric Co LLC, a move that allows the Japanese conglomerate to replenish its depleted capital base and remain listed.

Toshiba completes sale of Westinghouse claims, replenishes finances

TOKYO Toshiba Corp said on Tuesday it has completed the sale of its claims against bankrupt U.S. nuclear unit Westinghouse Electric Co LLC, a move that allows the Japanese conglomerate to replenish its depleted capital base and remain listed.

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