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Toshiba Logs First Profit in Six Quarters After Major Restructuring


Toshiba Corp on Friday said extensive restructuring helped the Japanese conglomerate swing to its first operating profit in six quarters, signalling recovery from a $1.3 billion (1 billion pounds) accounting scandal that unmasked underperforming operations.
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Source: NY Times


05:21, August 12, 2016 REUTERS

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