Tag: dives

Toshiba dives on shock loss-reporting delay

by Miwa SUZUKI Agence France Presse TOKYO, Japan (AFP) — Toshiba shares dived Tuesday after it delayed the release of financial results expected to include billions of dollars in losses tied to its ailing US nuclear power unit. The stock price plunged 9.45 percent to 226.2 yen at one point after it surprised markets by saying its nine-month earnings report had “not yet become available”. The shares closed down 8.0 percent at 229.8 yen. “We […]