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Posts tagged to NuGeneration

Toshiba operational profit downgrade: Japanese company now more dependent on turnaround plan succeeding

MarketLine

The announcement of a five-year turnaround plan towards the end of 2018 was met cheerily by stock markets; even though several profit-making businesses had been sold, expectations were the company would begin to recover after being flushed with funds from the NAND sale. Yet now the company has reported results that are well down on original expectations, casting doubt over how soon the company can return to being a safe bet for investors. The stated ambition is to reach profit margins of at least 10% when the five-year plan concludes… Read more