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Toshiba tumbles after bourse puts company under supervision

Reuters  |  TOKYO 

TOKYO (Reuters) - Corp <6502.T> tumbled in early trade on Wednesday after the Tokyo Stock Exchange put its under supervision to see if it meets delisting criteria.

nosedived as much as 7.6 percent to 199.5 yen.

The company said on Tuesday that it is considering a sale and other strategic options for U.S. nuclear unit Westinghouse as it expanded a probe into problems there that caused it to miss an earnings deadline for a second time.

(Reporting by Ayai Tomisawa; Editing by Stephen Coates)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Toshiba tumbles after bourse puts company under supervision

TOKYO (Reuters) - Toshiba Corp <6502.T> tumbled in early trade on Wednesday after the Tokyo Stock Exchange put its shares under supervision to see if it meets delisting criteria.

TOKYO (Reuters) - Corp <6502.T> tumbled in early trade on Wednesday after the Tokyo Stock Exchange put its under supervision to see if it meets delisting criteria.

nosedived as much as 7.6 percent to 199.5 yen.

The company said on Tuesday that it is considering a sale and other strategic options for U.S. nuclear unit Westinghouse as it expanded a probe into problems there that caused it to miss an earnings deadline for a second time.

(Reporting by Ayai Tomisawa; Editing by Stephen Coates)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Toshiba tumbles after bourse puts company under supervision

TOKYO (Reuters) - Corp <6502.T> tumbled in early trade on Wednesday after the Tokyo Stock Exchange put its under supervision to see if it meets delisting criteria.

nosedived as much as 7.6 percent to 199.5 yen.

The company said on Tuesday that it is considering a sale and other strategic options for U.S. nuclear unit Westinghouse as it expanded a probe into problems there that caused it to miss an earnings deadline for a second time.

(Reporting by Ayai Tomisawa; Editing by Stephen Coates)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22