By FDI Creative Services on 02/14/2017
Category: Security News

Toshiba shares slide 10 percent after $6.3 billion writedown

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.

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