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Toshiba shares dive after second earnings extension sought

Toshiba shares dive after second earnings extension sought

Tuesday, March 14, 2017, 9:08 AM
Shares of Toshiba Corp fell 5% after sources said the electronics conglomerate was seeking an extension of its Tuesday deadline for submitting official third-quarter earnings as its auditors have not agreed to sign off on them. The extension would be the second after Toshiba postponed it a month ago to probe potential problems at Westinghouse. Toshiba shares fell 4.8% to 204.6 yen.
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