Skullcandy (SKUL +0.7%) enters a strategic partnership with Toshiba (TOSBF -1.2%) in which the latter will license the former's trademark for marketing and distribution of laptops worldwide excl. China.
the audio products maker will provide its Supreme Sound tech to enhance Toshiba products.
Skullcandy also unveiled women's line of headphones and previewed its sports performance offering at CES.
Japanese stocks fall in early trading, weighed by gains for the yen overnight ahead of a key central-bank decision. The Nikkei Average dropped 1.9% to 12,126, with exporters leading declines: Honda (HMC -2%), Nissan (NSANY.PK -2.6%), Fuji Heavy Industries (FUJHY.PK -3.5%), Sumitomo Chemical (SOMMY.PK -3.7%), and Toshiba (TOSYY.PK -2.6%).
Japanese stocks move higher yet again today as the yen eased back down to 2009 levels and pushed the Nikkei Average up 1.1% to 12,100. Exporters lead the gains: Olympus Corp. JP:7733 +1.00% (OCPNY.PK +3.4%), Toshiba (TOSYY.PK +2.3%), Nintendo (NTDOY.PK +4.7%, Advantest (ATE +3.3%), and Mazda (MZDAY.PK +4.4%).
Japanese stocks move higher today, tracking gains on Wall Street overnight. The Nikkei Average rose 1.3% to 11,832, with exporters leading the advance: Toshiba (TOSYY.PK +2.1%), Pioneer (PNCOY.PK +4.2%), and Toyota (TM +2.1%).
Japanese stocks move higher in early trading, boosted by a Wall Street rally overnight. The Nikkei Average rose 1.5% to 11,419, with exporters and financials among the leaders: Toshiba (TOSYY.PK +2.7%), Canon (CAJ +2.2%), Advantest (ATE +3.1%), Toyota (TM +1.6%), Komatsu (KMTUY.PK +4.3%, and Fuji Heavy Industries (FUJHY.PK +2.8%).
As planned, Toshiba (TOSYY.PK) has bought Shaw's (SHAW) 20% stake in Westinghouse Electric for Y125B ($1.4B), taking the Japanese company's holding in the U.S. nuclear-power unit to 87%. Toshiba said in December that it's negotiating with three potential investors to sell up to 16% of Westinghouse.
Japanese stocks move higher, as investors returned from a weeklong holiday to find the yen sharply weaker than when they left. The Nikkei Average jumped 2.8% to 10,686, with big export names posting heavy gains: Toshiba (TOSYY.PK +4.5%), Nikon NINOY.PK]] +5.3%), Hitachi (HTHIY.PK +3.8%), Bridgestone BRDCY.PK +7.1%), Toyota Motor (TM +4.5%), and Honda (HMC +4.9%). Financials also move up: Nomura Holdings (NMR +4.2%), Mitsubishi UFJ Financial Group (MTU +3.3%), Daiwa Securities Group (DSEEY.PK +3.6%.
Toshiba agrees to acquire Shaw's (SHAW) 20% stake in nuclear power-plant company Westinghouse Electric for Y125B ($1.6B), thereby lifting the Japanese conglomerate's holding to 87%. Toshiba has also received interest from new potential partners about buying a stake in Westinghouse, although Toshiba wants to maintain a majority holding. (PR)
Japanese shares are higher in early trading, tracking gains in the U.S. overnight on the back a surprise jump in manufacturing activity. The Nikkei is up 0.3% to 8,825.17, with major exporters leading early: Sony (SNE +1.20%, Toshiba (TOSYY.PK+1.20%), and Mazda (MZDAY.PK +1.1%).
An international research team that includes Nokia (NOK), Toshiba and university scientists are set to introduce a breakthrough quantum chip at the British Science Festival, which starts tomorrow. The chip will facilitate mobile phones that are far more secure and ultra-fast computers. The component is made from silicon and works on light: in theory, 100 photons could solve trillions of equations simultaneously.
Toshiba (TOSYY.PK) is planning to sell a 16% stake in U.S. nuclear power-plant company Westinghouse Electric as it looks to prioritize its nuclear business in emerging markets. In October 2006, Toshiba paid about $4.2B for 77% of the company, and is looking to sell a piece to nuclear technology companies that have strong ties to emerging markets. A U.S.-based firm is reportedly among the preferred buyers.
Japanese stocks are higher in early trading, as exporters gain on the back of a weaker yen. The Nikkei Stock Average is currently up 1% to 9,764: Sony (SNE +0.8%), Canon (CAJ +1.4%), Toshiba (TOSYY.PK +1.1%), and Honda (HMC +0.8%).
Japanese stocks are down in early trading, following a weak day on Wall Street overnight. The Nikkei Average is down 0.2% to 8,782, with financials and technology shares leading declines: Daiwa (DWA -1.5%), Shinsei Bank Ltd. JP:8303 -4.65% (SKLKY.PK -3.5%) Toshiba (TOSYY.PK -1.2%) and Fujitsu (FJTSY.PK -2.7%).
Japanese stocks drift lower this morning, with tech exporters weighing on the index amid a rising yen. The Nikkei Average is currently down 0.1% to 8,782: Sony (SNE -1.80%), Elpida Memory (ELPDF.PK -3.2%), and Toshiba (TOSYY.PK -3%) and Canon (CAJ -4.5%).
Japanese shares reverse opening gains to trade lower this morning on some early profit taking. The Nikkei Average is currently down 0.1% at 8,876 with exporters leading the selling: Toshiba (TOSYY.PK 1.7%), Sharp (SHCAY.PK -0.6%), Hitachi (HIT +1.2%) and Elpida Memory (ELPDF.PK -2.9%).
Japanese shares are higher in early trading, as concerns about Europe's economic growth eased. The Nikkei Average is up 0.7% to 8,843 with exporters leading: Mazda (MZDAF.PK +3%), Honda HMC +2%), TDK (TTDKF.PK +2.4%) and Toshiba (TOSYY.PK +1.2%).