now we are looking at toshiba.shares they look like they are continuing to fall at this point. shery ahn: with all those losses and the fines they are getting, what are their earnings looking like? posted income has billion, that49.6 is 400 plus million dollars. the camp and he does company said it sold interest in an elevator maker and a medical equipment maker. if you look closely at the statement from them, a consolidated forecast for the full year 2015 is yet to be released. the company is considering the companyorm and is assessing impact. they are looking at different ways for toshiba to do business. onry ahn: with the latest toshiba's accounting irregularities. checking on other stories around the world. santos is in a trading halt after announcing plans to raise $2.5 billion. the oil and gas producer under pressure amid the plunge and global energy prices. they were also sell $500 million worth of shares and offload its stake to a unit of mitsui. the japanese contractor under investigation because of a tilt

. >>> scandal-hit toshiba has said sorry for dragging its feet at revealing losses at a subsidiary.oshiba's president muromachi admitted there was insufficient disclosure of huge losses at the company's u.s. nuclear arm westinghouse. he called a news conference on friday, ten days after toshiba revealed that westinghouse wrote down about $1.3 billion in assets in fiscal years 2012 and 2013. the revelation came only after the tokyo stock exchange put pressure on toshiba to come clean. >> translator: we take the tsc instructions seriously. we have reflected on the fact that we should have disclosed more timely information. >> muromachi said the asset write-downs were excluded from group earnings results as toshiba expects the subsidiary to become profitable. he said westinghouse will win maintenance jobs at nuclear plants and aim to acquire orders to build 64 reactors over the next 15 years. muromachi said he will lead the fight to restore investor confidence in his company and actively provide financial data. >>> prime minister shinzo abe has asked for a supplementary budget for the

toshiba has saidts sorry for dragging its feet. here's more on that and other headlin headlines. gene? >> toshiba's president apologized for insufficient disclosure of large losses at the nuclear arm westinghouse. he called a news conference on friday, ten days after toshiba revealed that westinghouse broke down $1.3 billion in assets in years 2012 and 2013. the revelation came only after the tokyo stock exchange put pressure on toshiba to come clean. >> translator: we take the tsc instructions seriously. we have reflected on the fact that we should have disclosed more timely information. >> the asset write-downs were excluded from group earnings results as toshiba expects the subsidiary to become profitable. they will aim to acquire orders to build 64 reactors over the next 15 years. he will leead the fight to actively provide financial data. >>> japanese prime minister shinzo abe has asked for a xplemt tri budget to jump start the economy. it's part of emergency measures to realize abe's vision at what he calls a country where everyone can play an active role. the government ha

three those are former toshiba presidents.there's an investigation into thatnting irregularities started in april. toshiba has lost about one third of its value since then. fined ¥91 million by the turkish stock exchange in september, and there could be more fines coming. earnings, out over the weekend, so net income rose to ¥46.8 billion. that was helped by asset sales. the consolidated forecast for the full year of 2015 has yet to isreleased, as the company challenging businesses, and the company says it is assessing the impacts. a cut in annual profit forecasts by 14%. net income is expected to come in at ¥91 billion, $750 million. this is the japanese contractor, which is under investigation because of the building that is tilting over. the housing business accounted of their profit last year. the company admitted data linked to other projects, and it will have to check the condition of more than 3000 buildings it has worked on over the past 10 years. the fallout iss too difficult estimate and has not been included in the

. >>> a toshiba group has revealed a loss in its affiliate's bookkeeping. the electronicsmaker says its nuclear power subsidiary westing how long had losses in 2012 and 2013. toshiba says westinghouse had written down the value of its assets by about 160 billion yen, about $1.3 billion, in those fiscal years combined. company officials attribute this to the severe business environment created after the accident at the fukushima daiichi nuclear plant in 2011. they had been withholding the numbers for westinghouse saying accounting rules do not mandate the disclosure of subsidiaries' results. toshiba refishes say they don't include the write-downs in their group results as they expect the subsidiary to be profitable. >>> now let's check on markets. tokyo stock prices did open lower following sharp drops in the u.s. and europe. as you can see the nikkei still in negative territory, down 1.28%. 19,444. crude oil prices continued to fall signaling weak global demand. investors jittery about a growing divergence in monetary policies between the u.s. and the euroz

. >>> the toshiba group says one of its affiliates has revealed losses in its bookkeeping. the nuclear power subsidiary westinghouse was in the red in fiscal 2012 and 2013. toshiba says westinghouse had written down the value of its assets by about 160 billion yen, or around $1.3 billion, in those fiscal years combined. company officials attribute this to the severe business environment created after the accident at the fukushima daiichi nuclear plant in 2011. they had been withholding the numbers for westinghouse saying accounting rules do not mandate the disclosure of subsidiary's results. toshiba officials say they don't include the write-downs in their group results as they expect the subsidiary to be profitable. >>> japan's nuclear regulator says a new entity is needed to operate a troubled prototype reactor. the nuclear regulation authority has called on the science and technology ministry to find a replacement, the first recommendation of its kind. if a new operator cannot be found, the ministry may have to scrap the facility. the fate of the reactor is likely to hav

and also said it may split its chip business and investors bought back stocks of toshiba after the new business plan came out. in currency markets, expectations for additional easing by the ecb this week. yen hovered near a seven-month low. the dollar/yen moved in a tight bend because they took a wait and see stance on the payroll data due out on friday. >> mayu, thank you. >>> in china, the shanghai composite finished up 0.3% after earlier falling 3%. news of an investigation into major brokerages continue to dampen sentiment. some investors snapped up bargains toward the end of trading. kerns over chinese markets weighed on many benchmarks in the region. seoul's kospi dropped 1.8%, its sharpest fall in more than two months. industrial output unexpectedly fell in october, that dragged down shares in samsung electronics. hong kong's hang seng stretched its losses to a sixth day. sydney's s&p 200 index sagged 7.6% pulled down by lower commodity prices. here's a look at some of the other business stories we're following. >>> trade negotiators from japan and the eu have resumed talks in t

toshiba also taking action against two former cfos.write-downs of more than a billion dollars. investors are showing a healthy appetite for singapore restaurant owner, with shares jumping more than 50%. $230 million -- the ipo was eight times over subscribed. let's get the latest from the markets. japan comes back online after a strong morning session. : the nikkei 225 has pulled back a little bit. the weaker yen helping keep things. the resumption of ipo's, regulators saying ipo's in china can resume after the five-month halt. a little bit of a pickup in hong kong. we have had the ipo listing, a strong debut. the strong debut of jumbo in singapore as well. weakness coming through in korea and also in australia. some big falls from mining players. this is a picture on the overall regional index. oil and gas stocks, the underperformers. region,vers in the japan coming back online, very strong second-quarter numbers. about 7%.wn by i believe it there for now. rishaad: let's take a look at the sheba shares. toshibaeba shares -- shares. su

a 49 inch toshiba t - v for 150 dollars. they also agreed on another thing... the cold... listening to music, talking to other people that are in the line, trying not to think about how cold you are. if youre dressed warm, its not too bad. plus i got my phone to keep me company, so its perfect. in case you're curious... the t - v's sold out within three minutes at that best buy. some shoppers are likely wishing they waited until black friday to venture out... fire alarm the fire alarms went off at the super target on mills civic parkway last night. a viewer captured this video of the incident. as you can see... heavy smoke is coming from the kitchen area... we were called for a fire at the building full of smoke and a fire in the kitchen extinguishing with fire extinguishers. firefighters quickly evacuated the building... and finished putting out the flames. investigators say the kitchen was closed at the time. they are still trying to determine the exact cause. no one was injured. the store re opened at 4 a - m. a man is behind bars... accused of setting fire to a garage

toshiba is up by almost 3% at the moment.ccounting scandal was might be -- woes might be behind the company now. investors are piling back into toshiba. overall, it is a pretty miserable session across asia. rishaad: foreign investors are looking elsewhere for returns. they are looking at more interesting stocks rather than staying with the tried and tested. russell, what is this all about? russell: with japan's stock market rally three years old, this maturing, foreign investors are feeling they have to look a little deeper for value in japan's market. a number have received inquiries from foreign investors who want to meet with lesser-known companies around japan. betweenrranged meetings five lesser-known japanese companies listed and some foreign investors gathering this week in tokyo. rishaad: which companies are meeting? russell: it is really a broad-based cross-section of companies. geographically and in terms of industry, companies all around the country. drugstore chain from ishikawa on the west coast of japan, dental

we are watching shares of toshiba. to 89 now. the biggest drop in six months. 289 now. the biggest drop in six months. 150 billion yen write-down does not reflect the enterprise value. they may have to adjust here. shares being driven down 8%. something to follow with the report out. >> thanks, david. checking other stories. amnesty asred an long as workers speak up by the end of the month. won't taste punishment if they reveal what they know. information listed 800,000 cars with inconsistencies around co2 emissions. that adds to the 11 million already known. more job losses may be on the way. itscompany has trimmed fixed income business in london, laying off 200 traders at credit suisse. said he will cut as many as 5600 jobs globally. --has warned that investors investors that 2016 will not be a good year. shares down over 5% by the end of the session. earnings in the fiscal second-quarter will be between $.53 and $.55 a share at cisco. the companies international sales are being hit by a stronger dollar. japan's three biggest lenders report earnings this afternoon. th

types of itememoffered black friday, some items are more fast "any tv right now, we have a 49-inch toshiba," said jonathan hanson, an employee at the best buy in sioux city. "that was the hottest selling one. but any tv, power beats as well, they've been flying off the shelf." "well diamond stud earrings are always famous on black friday," said "and also we sold a lot of luggage, pillows, crock pots and electronics in the houseware department." one best buy employee calald black friday shopping "organized chaos" as he says they were able to get many customers in and out of the door efficiently. the store is offering its black friday details through tonight. millions of americans hit the malls nationwide for black friday... hoping to take advantage of those amazing deals. but it simply isn't the bonanza for retailers that it was just a few years ago. so, is black friday dead? nbc's olivia sterns has the answer. << long lines... (nats of people rushing through doors) the mad rush... (montage of a bunch of sales signs) deep discounts... all the characters were buy one get one 80% off all the

. >> i am here for the toshiba 49 inch tv. it is $150 for the doorbuster. i will be saving $280. sam: some people say it is crazy to spend the night out here 24 hours to get a tv. is a more of an experience? >> the experience is part of it, but saving $280 is awesome. can't go wrong with that all. sam: good luck. we hope you make it until the end of the night. notlines at this by are as long as we have seen in the past. most deals are online. a lot of people just wait it out or buy it at home. the store opens here at 5:00 and closes at 1:00 a.m. it reopens at 8:00 tomorrow blac on black friday. larry: in maryland, some brave deal hunters lining up outside the walmart in germantown. johnny gonzales takes a look at what brought them out so early. no parade, docomo, no turkey at the dinner table. germantown, full-size finding their thanksgiving doing this right here, pitching a tent and camping out for black friday sales that start today. take a look at these guys. we started talking to them at 4:00 this morning. they have a tent over here. they are getting warm and catching some we

sharp and toshiba reported losses but panasonic turned in strong earnings. it increased 13 percent to $1.6 billion and sony went to the black for the first time. >> translator: we're expecting an increase in the earnings for the next five years. >> here is st. bottom line. not the cram but one of the parts inside. the image sensor concert come canning a signal. a high qualify sensor is a high quality. it's not just fop quality but small. sony achieved that by stacking two wafers together. right now it's the only company kpapable of producing. that gives sony a lock on the market. most phones and digital cameras have a chip. the sensors con transcribe yutd it and analysts say that switching is key to the industries future. >> it's higher than it's said buness. focussing and keeping the technology different is more critical. >> they agree and ramping up the investment in the production. they're spending million to buy lines from other companies. sony forecast a bright future in the industry and it's essential for the automatic driving. trns the marlth will con

how cold you are. ' the folks in line at best buy...all had their eyes on the same item...a 49 inch toshiba tv for $150. 15:17:52--15:18:00 ' so thats a great deal for me so great that you would come hours before and wait in the rain? yup. yeah because, its a deal buster you know? 15:21:58--15:22:01 'yeah, it looks amazing. i havent seen that good of a deal in a while.' 15:27:08--19 'and what is it about that deal thats so spectacular? because we can get amazing gifts for people and they think we spent a lot of money and we didnt. all it cost us is maybe a toe to frost bite.' 16:14:42--45 "clap clap, you did it, that's right, you did it whoo!" dance with beatbo is among the top selling products over at the the toys r us in clive. other hot items, include anything to do with star wars like light sabers...then of course there's always the traditional toys like train sets. plus electronics like phones and tablets...it all adds friday accounts for about 30 percent of our business for the entire year so, it is a huge deal for us.' and in addition to snagging a great comradery... 15:24:16--22 'im

sharp and toshiba reported losses for the first half of the business year. but panasonic and sony both turned in strong earnings. panasonic's operating profit increased 13% to $1.6 billion. sony returned to the black for the first time in two years. >> translator: we are expecting an increase in earnings for all five electronics divisions for the full year. >> reporter: and here's what is boosting sony's bottom line. not the camera. it's one of the parts inside. the image sensor. image sensors convert the light coming through the lens into an electric signal. basically, a high quality sensor means a high quality photo. sony's seamless sensor is not just top quality, it's small. sony engineers achieved that by stacking two wafers together. right now it's the only company capable of mass producing this technology. that gives sony a lock on the market. most high-end mobile phones and many digital cameras come fitted with the company's seamless chip. image sensors contributed 10% of sony's profits. analysts say switching from products to parts is key to the indu

this 49-inch toshiba, $280 off at best buy. this 55-inch tv, $350 off at target. the lowest price of all, this 32-inch roku tv, $125 at walmart. plus if you're splurging on an ultra hd 4k tv, gets $900 off this 60-inch model, now 800 bucks at samsung.com. >> my game plan for the week ahead would be to plan now. get ready. start browsing online all the things you want to buy. >> reporter: and you can beat standing in line with the tech deals online. already best buy is offering $125 off some apple ipads and $100 off the apple watch on its website. and amazon is selling this kindle for $30 off. and for additional savings download the apps from your favorite stores onto your phone. with the target app, for example, you can save an additional 10% off on toys. rebecca jarvis, abc news, new york. >> one thing missing from that is where do you get that guy's purple jacket? that was great. >> oh, you have to wait till january for the after christmas sale for that one. >> you have a smart tv, don't you? >> oh. do i. >> two tvs. >> i sure do. >> yes. look how lovingly you l

. >> 49 inch toshiba ryan: this year's must-have? >> the 49 inch tv for $150. >> for the 60 inch tv. ryan: what are you here for? >> i'm here for the paddinton blue ray special edition. no, i'm here for the tv. ryan: turns out the customer first in line marked his first-ever black friday experience. >> i just came from nepal like 7 months ago, so this has really been an amazing experience for me. the whole thanksgiving experience is like really amazing for me. ryan: best buy opened its doors at 5:00 p.m., one hour earlier than last thanksgiving. >> rats in a maze that fits not hundreds of rats. it's crazy. something you definitely have to experience in person to really understand. ryan: die hard customers armed with shopping carts, hunting for the best deals. >> black thursday, i guess you'd call it. we're going to finish the basement this winter so we're just going to see if there's a good tv for a good value. ryan: shopping on thanksgiving thursday is gaining in popularity, according to the national retail federation. of the 58% of

. >> 49-inch toshiba for 150 >> reporter: other shoppers were interested in towels. no matter wh's on the holiday wish list, nearly 60% of americans will head out to find it, 136 million of us planning to shop until sunday with day one, thanksgiving day, now over. the number crunchers finding thanksgiving day and today, black friday, are two of the best days of the year for sales. >> so, how much did you save today, do you think? >> probabably at lst $300,400 maybe, maybe more. >> rorter: but even if you don't want to be out in the middle of the crowds, you can cash in on some deals online. >> there's so many sales online that it's almost like there's no point in being bombarded by other human beings in stores. >> reporter: stephanie ramos, abc news, washington. >> who knew towels were so valuable, huh? >>> well, the white house was on lockdown on thanksgiving day after a man draped in the americanlag jumped the fence. president obama and the first lady, as well as their daughtersrs were at home at the time. the man identified as joseph caputo was quickly taken into

however, one that bucked the trend is toshiba, shoesing 7.5% after the company reported the first loss in six years following its accounting scandal. but overall it was a pretty good day here in tokyo as nearly 80% of major stocks rose following strong u.s. jobs reports last week. i'm mayu yoshida. >>> moving on to other stocks in the asia-pacific region. the shanghai composite gained 1.6% to climb past the 3600 mark. china's securities regulator will lift a ban on initial public offerings that's been in place since july after the market plunged. sydney's index tumbled 1.8% to close at its lowest level in more than a month. a fall in commodity prices including oil and gold dragged down the resource-heavy index. drawing speculation about a december rate hike by the u.s. federal reserve weighed on some markets in the region. the jakarta composite sagged nearly 1.5%. hong kong's hang seng fell 0.6%. the kospi shed .75%. >>> here's a look at some of the other business stories we're following. major japanese department store operator holdings says increased spending by foreign visitors has

. >> reporter: the popular prize, a 49-inch toshiba tv for $150. a discount of $280. some chose the discount over dinner. >> i'm really cold. i don't care. i want a tv. >> reporter: what about thanksgiving dinner? >> my mom made thanksgiving dinner. she sent me a picture of what she made. >> reporter: crowds braved the cold to snag a hot deal all around the bay area. in livermore, the outlets opened tonight and will stay open through friday night. at toys 'r' us in san jose, some same after dinner for one- stop shopping. >> all of the kids, all of the friends. this was pretty good. not that crowded like we thought. >> reporter: as a result, some people prefer thanksgiving shopping to black friday. >> got them both. got them both. >> we thought we would go shopping today. >> reporter: but this first time shopper who bundled up her little one has had enough. >> next time, no i won't do it anymore. >> reporter: we're told workers have volunteered to come in to get paid time and a half. some other retailers say they are paying double time for today. we're live in colma, b

this 49-inch toshiba is $280 off. thisne is $350 off, $249 at target. the lowest price of all this 32-inch roku tv, $125 at walmart. >> what about ipads? >>> miracle baby, a newborn abandoned in a church's nativity scene. >>>>hark survivor. a swimmer with severe injuries talking about his near-death encounter and reunion with the medics who saved him. (helicopter engine roars) pc does whaaat?! (music begins. the song, danger zone by kenny loggins plays from the pc) pc does what?! hey, guy! pc does what?! shhhh pc does what no pc has done before. my moderate to severe chronic plaque psoriasis made a simple trip to the grocery store anything but simple. so finally, i had an important conversation with my dermatologist about humira. he explained that humira works inside my body toto target and help block a specific source of inflammation that contributes to my symptoms. in clinical trials, most adults saw 75% skin clearance. and the majority were clear or almost clear in just 4 months. humira can lower your ababity to fight infections, including tuberculos

this 49-inch toshiba is $280 off, $149 at best buy. this 55-inch tv is $350 off, $249 at target and perhaps the best dl of all, the lowest price of all is this 32-inch roku tv, $125 at walma. >> what about the ipads? i want an ipad. >> i'm sure those are on sale. everything is on sale. >>> when we come back, miracle baby, a newborn abandoned in a church's nativity scene. >>> and shark survivor. a swimmer with severe injuries talking out his near-death the medics who saved him. >>> more than aoot of snow on the ground in bend, oregon. the city on the eastern edge of the cascades got 4 inches in just three hours last evening. accidents stopped or slowed traffic on area roads. and with temperatures in the teens overnight, the roads are now icy. >>> well, those snow, slippery road conditions cover all of the cascades and the northern rockies this morning. roads will a also be wet in southern california and from texas northeast t the great lakes. >>> if you're flying weather-related delays likeliest in san francisco, los angeles and salt la

. >> reporter: the popular prize, a 49" toshiba hdtv for $150, a discount of $280. some toasted discount over dinner. >> i got my tv. >> i'm really cold but i don't care. i want a tv. [ laughter ] >> reporter: what about thanksgiving dinner? >> my mom made thanksgiving dinner. she sent me a picture of what she made. >> reporter: crowds braved the cold to snag a hot deal all around the bay area. in livermore, the outlets will stay open through friday night. at toys 'r us in san jose some came after dinner for one-stop shopping. >> right down over here. >> all the kids all the friends all one day. this was pretty good. it wasn't that crowded like we thought it would be. >> reporter: as a result, some people say they prefer thanksgiving shopping to black friday. >> got 'em both! >> reporter: but this first time thanksgiving shopper who bundled up her little one said she had enough. >> next time i won't do it no more. >> reporter: sharon chin, kpix 5. >>> millions of americans hitting the stores on this black friday amid heightened security. extra patrols on hand at all

sot anthony luna / toshiba for 150 bucks." ...towels.... nats: towel "frenzy" no matter what's on the holiday wish list..... (gfx) nearly 60% of americans? will head out to find it.... 136 million of us...planning to shop until sunday... with day 1...thanksgiving day... now over. nats: woo hoo (toys r us bk) the number-crunchers -- finding thanksgiving day and today...black friday -- - are two of the best days of the year for deals. sot: q: "how much did you save today?" matt szydlowski shopper a: "probably at least 3-4 hundred, maybe more." but even if you dont want to be out...in the middle of the crowds...you can cash in on some deals....online. sot - melody hahm / yahoo finance "there are now so many sales online that it's almost like there's no point in being bombarded by other human beings and stores." tag: overnight walmart released a statement saying they focused on three things - deals, availability and simplicity. and it looks like the strategy worked?.combined walmart says tens of millions of customers visited the stores and the

this 49-inch toshiba, $280 offff at best buy. this 55-inch tv, $350 off at target. and the lowest price of all? this 32-inch roku tv, $125 at walmart. plus, if you're splurging on an ultra hd 4-k tv, get $900 off this 60-inch model, now 0 bucks at samsung.com. >> my game plan for the week ahead would be to plan now. get ready, stop browsing online, all the things you want to buy. >> reporter: and you can be standing in line with theheech deals ononne. already tonight, best buy is offering $125 off some apple ipads, and $100 off the apple and amazon is selling this kindle for $30 off. david, for savings on top of those savings, download the apps to your favorite stores onto your phone. with the target app, for example, you couou save an additional 10% off on toys. david? >> or you can pick it up for me. >>> when we come back here tonight, just days before thanksgiving, the new e. coli scare. the popular staple now beiei pulled off the shelves. >>> also, we told you about that police chase that ended in a fiery crash on an american highway, smashing into a school bus,

they have great games on tvs 50" toshiba for $150. my auntie has been doing this for about almost 20 years. so she's kind of like got it down to a science. >> the family says they have been sleeping in shifts and rotating for meals and bathroom breaks just to get through the week. oh, my goodness. wow. >>> well, the bad guys are hard at work this holiday season. consumerwatch reporter julie watts on what may be the most common scam in the country right now. >> reporter: the creepy recording caught warren siegel by surprise. >> this call is official final notice. >> reporter: it said he was in trouble with the irs. >> the irs has filed a lawsuit against you. >> reporter: but the retired lawyer knew better than to call the number on his machine. >> my first reaction was that it was not real. >> reporter: though many people think it is. in fact, the irs scam has become one of the most common complaints to consumerwatch. the federal trade commission's david newman says he even got the call. >> i did! 6 a.m. >> reporter: he warns the crook