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Home>Toshiba plunges more than 20% as nuclear losses said to mount

Toshiba plunges more than 20% as nuclear losses said to mount

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Thu, 19 Jan 2017

Shares of Toshiba Corp. tanked Thursday after reports that losses in its nuclear business may be worse than expected. Japan's Nikkei business daily reported Thursday that Toshiba was facing a 500-billion-yen ($4.4 billion) loss in its U.S. nuclear power subsidiary. In a statement, Toshiba said it
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