News headlines about Toshiba (OTCMKTS:TOSBF) have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Toshiba earned a media sentiment score of 1.88 on their scale. InfoTrie also assigned news coverage about the company an news buzz score of 3 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock’s share price in the near term.
Here are some of the headlines that may have impacted Toshiba’s ranking:
- Toshiba plans to cut 7,000 jobs, focus on chipmaking (news4jax.com)
- Toshiba announces plan to cut 7,000 jobs (msn.com)
- Toshiba plans to cut 7,000 jobs and refocus its business (kxlh.com)
- Toshiba to pay $800 million to exit U.S. LNG business (feeds.reuters.com)
- Toshiba to shed troubled assets, cut jobs; shares jump nearly 12 percent (feeds.reuters.com)
Shares of TOSBF stock traded down $0.79 on Friday, hitting $31.96. 431 shares of the company’s stock were exchanged, compared to its average volume of 1,700. Toshiba has a 12 month low of $24.00 and a 12 month high of $32.99.
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Toshiba Company Profile
Toshiba Corporation, together with its subsidiaries, manufactures and markets electronic and electrical products and systems worldwide. It operates through six segments: Energy Systems & Solutions, Infrastructure Systems & Solutions, Retail & Printing Solutions, Storage & Electronic Devices Solutions, Industrial ICT Solutions, and Others.
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