Thursday, December 29, 2016

Investors wipe $6.6 billion off Toshiba’s market value – CNNMoney

Toshiba stock hit by nuclear fallout

Toshiba stock hit by nuclear fallout

Toshiba’s dreams of becoming a nuclear energy leader have turned into a nightmare.

Rattled investors have wiped $ 6.6 billion off the company’s market value after it warned of huge losses tied to its 2015 acquisition of a U.S. nuclear construction business.

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