TOSYY News and Press, Toshiba Corp ADR From 03/24/22

Toshiba (OTCPK:TOSBF) shareholders rejected management's proposal to split the company into two parts, placing the company in a state of limbo after months of arguing over its next steps. Under the plan, Toshiba would have spun off its electronic device business, and the remaining unit would ...

A potential sale of Toshiba's (OTCPK:TOSBF) elevator business has attracted preliminary interest from industry players including Otis Worldwide (NYSE:OTIS) and China's Midea conglomerate, as well as Kone Oyj, which already owns 19.9% of the elevator unit, Bloomberg reports. Toshiba's elevator...

Toshiba's (OTCPK:TOSBF) proposal to split into two companies is now opposed by two influential proxy advisory firms, as Glass Lewis has joined ISS in coming out against the plan because the process relied on "flagrantly dubious reasoning" and sidestepped investor feedback, according to Bloomb...

Toshiba (OTCPK:TOSBF) CEO Satoshi Tsunakawa will resign, to be replaced by senior executive Taro Shimada on an interim basis, and new management will review the controversial proposal to split into two companies, Bloomberg reports. VP Mamoru Hatazawa reportedly also will step down, to be succ...

Toshiba Corporation (TOSBF) Q3 2022 Earnings Conference Call February 14, 2022 02:00 ET Company Participants Midori Hara - Investor Relations Satoshi Tsunakawa - President and Chief Executive Officer Mamoru Hatazawa - Corporate Senior Executive Vice President Masayoshi Hirata - Chief Financia...

Shares of Carrier Global (CARR) have declined in price due to significant industrial headwinds over the past few months. However, the company reported robust growth across each segment in its last reported quarter and undertook several strategic growth initiatives. So, is it worth adding the ...

Carrier (NYSE:CARR) says it agreed to acquire nearly all of Toshiba's (OTCPK:TOSBF, OTCPK:TOSYY) 60% stake in the Toshiba Carrier air conditioning joint venture for ~¥100B ($869M); the deal will reduce Toshiba's stake in the company to 5%. Carrier says the deal will strengthen its positi...

Carrier Signs Agreement to Acquire Toshiba's Global VRF and Light Commercial HVAC Business Strategic acquisition projected to more than double Carrier's sales in rapidly growing global VRF and light commercial segment, support customers' decarbonization efforts PR Newswire ...

Despite the tech industry's current struggle with supply chain bottlenecks, and a potential negative impact from interest rate hikes, businesses' increase in tech budgets and several emerging trends in this space should propel the industry's growth. Therefore, it could be wise to bet on funda...

3D Investment Partners Requests Toshiba Corporation Convene an EGM 3D Continues to Believe the Strategic Review Committee's Process Was Flawed EGM Provides Opportunity for Toshiba Shareholders to Express Views on Separation Plan and Strategic Review Committee's Next Steps ...