Toshiba shares slide 10 percent after $6.3 billion writedown

Apple breaks intraday record high for first time since 2015
February 14, 2017
Samsung Elec shares down as prosecution seeks arrest of Samsung chief
February 14, 2017
This post was originally published on this site

TOKYO (Reuters) – Shares of Toshiba Corp tumbled 10 percent on Wednesday morning after the electronics conglomerate said it would book a $6.3 billion hit to its U.S. nuclear unit, a writedown that wipes out its shareholder equity.