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Tuesday, February 14, 2017

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.


from Reuters: Technology News http://ift.tt/2lNby9U

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