Wednesday, 28 December 2016

Toshiba shares fall 20% on deal warning

Toshiba shares fall 20% on deal warning

Toshiba shares fell 20% on Wednesday after the firm warned that its US nuclear business may be worth less than previously thought. The slump was large enough for trading in stocks of the Japanese industrial giant to be automatically halted. Shares had already fallen 12% on Tuesday, after reports of the likely write-down began circulating.
Read more: http://www.bbc.com/news/business-38448150?source=Snapzu

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