Earnings Report: Toshiba and Loss Shares

earnings report: The news came amid a large-scale corporate restructuring effort. 27.12.2016 Toshiba turns corner after accounting scandal Japanese electronics company Toshiba has said it's swung to a profit in its April-June quarter, according to Deutsche Welle. The earnings report came as the firm kept trying to turn the page on an embarrassing accounting scam. 12.08.2016 Embattled Toshiba set to cut 34,000 jobs Still under fire for attempts to cover its losses, Toshiba hopes to rebound by restructuring its workforce. DW recommends Toshiba shares tank over expected loss Shares in Japanese company Toshiba have plummeted on media reports it's likely to suffer a huge special loss related to an asset valuation dispute. It has sold off two major branches this week alone as it struggles with the aftermath of an accounting scandal. 18.03.2016 Over the past three days, the Japanese conglomerate's market value declined by about 781 billion yen 6.70 billion, 6.42 billion euros losing more than 40 percent and virtually erasing all gains for the year. The exact figure of the potential writedown was still being worked out, Toshiba President Satoshi Tsunakawa told reporters after the announcement. On Tuesday, Toshiba said in a statement that costs linked to the acquisition last year by its US subsidiary of a nuclear service company would possibly come to several billion US dollars, resulting in a negative impact on Toshiba's financial results. (news.financializer.com). As reported in the news.