Tuesday, June 26, 2007

Toshiba Shares Rise on Report It Won $4.9 Billion U.S. Nuclear Plant Order

(Bloomberg) -- Shares of Toshiba Corp. rose after a
Nikkei report said the company beat General Electric Co. and
Hitachi Ltd. to win a 600 billion yen ($4.9 billion) contract to
supply nuclear plant equipment to NRG Energy Inc.

Toshiba, Japan's biggest maker of nuclear power reactors by
capacity, gained 1.2 percent to 1,036 yen as of 10:56 a.m. on the
Tokyo Stock Exchange. Toshiba Plant Systems & Services Corp., its
power construction unit, rose 6.6 percent to 1,033 yen.


Read more at Bloomberg Energy News

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