23-06-2017 10:00 via uk.finance.yahoo.com

Toshiba stock listing status downgraded, deeper losses flagged

By Makiko YamazakiTOKYO (Reuters) - Crisis-wracked Toshiba Corp suffered further indignities on Friday, estimating bigger losses for the past financial year and getting demoted to the second section of the Tokyo Stock Exchange.It is the sixth time since 2015 that Toshiba has delayed an earnings filing.Underscoring the firm's dire financial position that has forced it to sell off its highly prized chip unit, Toshiba said it now estimates it had a worse-than-expected negative shareholders' equity
Read more »