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Toshiba delays earnings again over US unit fraud probe

Toshiba delays earnings again over US unit fraud probe

Tuesday, March 14, 2017, 11:38 AM

Toshiba has delayed the release of its earnings results again, sending its shares diving more than eight %, as it said it needed more time to investigate a possible accounting fraud at its loss-hit US nuclear unit.Toshiba later issued a statement confirming it had filed a request with regulators for a deadline extension to April 11, the second delay for October-December results.
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