nuclear power

Dominion to Buy Struggling Utility for $14.6B
M&A

Dominion to Buy Struggling Utility for $14.6B

The sale of the owner of South Carolina Electric and Gas comes in the wake of its decision to scrap a nuclear project amid major cost overruns.
By Matthew Heller | January 4, 2018
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Toshiba Issues ‘Going Concern’ Warning
Strategy

Toshiba Issues ‘Going Concern’ Warning

The company's auditor refuses to certify its Q3 results in “a highly unusual signal of doubt about [its] ability to recover its financial health."
By Matthew Heller | April 11, 2017
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Toshiba Nuclear Power Unit Files Chapter 11
Corporate Finance

Toshiba Nuclear Power Unit Files Chapter 11

Cost overruns at Westinghouse Electric power plants have contributed to Toshiba's financial woes, forcing a $6.3 billion writedown.
By Matthew Heller | March 29, 2017
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S&P Downgrades Toshiba Debt Ratings Again
Credit

S&P Downgrades Toshiba Debt Ratings Again

The credit rating agency warns of "a growing likelihood that Toshiba will become unable to fulfill its financial obligations in a timely manner."
By Matthew Heller | March 17, 2017
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Toshiba to Sell Stake in Memory Chip Business
Strategy

Toshiba to Sell Stake in Memory Chip Business

The beleaguered company needs cash to offset an imminent writedown that Japanese media have estimated at $6 billion.
By Matthew Heller | January 27, 2017
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Toshiba to Take Writedown on Nuclear Deal
Growth Companies

Toshiba to Take Writedown on Nuclear Deal

The potential hit of several billion dollars "may further undermine confidence in company management" after its accounting scandal.
By Matthew Heller | December 27, 2016
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