Industrial Conglomerates

Mitsubishi Heavy Industries to transfer business to Osaka-based subsidiary

Mitsubishi Heavy Industries Ltd:To transfer machine tool business to a wholly owned Osaka-based subsidiary that has been engaged in sales of machine tools and related products, consulting, etc.Effective Oct. 1.

Tuesday, 26 May 2015 12:00am EDT

Mitsubishi Heavy Industries to transfer business to Kobe-based subsidiary

Mitsubishi Heavy Industries Ltd:To transfer Hydraulic machine, accelerator, and Intelligent Transport Systems business to a wholly owned Kobe-based subsidiary Mitsubishi Heavy Industries Mechatronics Systems Ltd.Transfer Hydraulic machine, accelerator business effective Oct. 1 and Transfer...

Tuesday, 26 May 2015 12:00am EDT

Toshiba Corp extends accounting probe to three more business units - Reuters

Toshiba Corp:Says it would investigate accounting practices in its TV, computer and chip businesses, extending a probe already under way into irregularities that led to profits being overstated by at least $415 million in recent years - Reuters.

Friday, 22 May 2015 12:21am EDT

Smiths Group PLC reaffirms FY 2015 outlook

Smiths Group PLC:Says expectations remain in line with the outlook presented at the interim results for FY 2015.

Thursday, 21 May 2015 02:00am EDT

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