Toshiba for the second time in a month asks for a delay in the publication of quarterly reports

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POSTER: computer news   ||    TOSHIBA FOR THE SECOND TIME IN A MONTH ASKS FOR A DELAY IN THE PUBLICATION OF QUARTERLY REPORTS	DATE:2017-03-14
According to the previously conditions set , if Toshiba does not publish a quarterly report before March 27, its shares will leave the quotation list of the Tokyo Stock Exchange.  The new publication deadline drags this procedure to April, but Toshiba shares may leave the open stock market for another reason, as sources say.  The scandal that has been running since 2015 with the financial statements of Toshiba still raises questions for Japanese regulators. Recall that it was the preliminary assessment of damage from Westinghouse's activity of $ 6.3 billion that prompted Toshiba's management to search for buyers for assets related to solid-state memory production, for which the Japanese want to raise about $ 13 billion. According to sources, "just in case" Lawyers specializing in bankruptcy cases have already been hired, and the fate of Westinghouse will be resolved in the near future.  In turn, the outcome of this proceedings will have a direct impact on the rest of Toshiba's business.   Related Products :

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Xtreview Support N-Post:xxxx Xtreview Support	TOSHIBA FOR THE SECOND TIME IN A MONTH ASKS FOR A DELAY IN THE PUBLICATION OF QUARTERLY REPORTS
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