Toshiba posts highest Q2 profit in two years

Source: Dukascopy Bank SA
On Wednesday, Japan's Toshiba Corp reported its Q2 operating profit hit $405.41M, the highest reading in two years, adding it was eager to buy out its three listed subsidiaries, seeking to move away from management crisis and accounting scandals.
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Wed, 13 Nov 2019 10:21:24 GMT

Bidders raise interest in Thyssenkrupp's elevator business

ThyssenKrupp received at least three bids for its majority stake in the company's elevator business Elevator Technology that could potentially fetch as much as $18.7B.

Wed, 13 Nov 2019 08:33:46 GMT

Juul to trim $1.0B in costs amid possible reboot

Juul Labs Inc is planning to trim about $1.0B in costs in 2020, as the company's new CEO K.C. Crosthwaite is aiming for a reboot on the back of the regulatory crackdown related to e-cigarettes.

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