Sentences with phrase «as writedowns»

Furthermore, any meaningful increase in loans will probably continue to be more than offset by the continual destruction of liquidity as writedowns, chargeoffs, elimination of derivatives, etc. persists for years.

Not exact matches

As a result, the Saputo - owned bakery recently took a $ 125 - million writedown in its fourth quarter.

Barclays expects to take a writedown of about 1 billion pounds ($ 1.34 billion) on its annual post-tax profit as a result of the U.S. tax overhaul, the bank said in a statement on Wednesday.

First - quarter results, however, will be impacted by one - time writedowns as the banks reduce the value net deferred tax assets already held on company balance sheets.

Property developer and fund manager Aspen Group has revealed around $ 95 million in writedowns in its upcoming full - year results, but has reassured investors that its operating profit will only take a small hit as a result.

Can't Nobody Hold Coincheck Down As reported by Reuters, Japanese cryptocurrency exchange Coincheck Inc. has recorded a writedown of roughly $ 432.56 million for the financial year ending in March.

Unfortunately, Mr. Krugman's failure to see today's economic problem as one of debt deflation reflects his failure (suffered by most economists, to be sure) to recognize the need for debt writedowns, for restructuring the banking and financial system, and for shifting taxes off labor back onto property, economic rent and asset - price («capital») gains.

Further mortgage writedowns, defaults and increased credit difficulties remain a concern, as does commodity price weakness (not necessarily immediate, but soon enough) and the prospect of earnings risk and layoffs driven by cost reductions.

Writedowns Southwestern Energy Co. set the tone on Oct. 22 with a $ 2.8 billion charge, twice as much as forecast by Barclays Plc..

Coopers Brewery has been forced into another big writedown of its Mr Beer home brewing kits business in the United States after major bricks and mortar retailers stopped stocking it in physical stores, as online juggernauts led by Amazon up - ended the market.

«Through our connections in the market we had been informed there has been a bit of disquiet around the 15 July writedowns, so both ourselves and Maurice Blackburn undertook some investigations into what we see as the potential breach of disclosure obligations.»

Nestle Australia — the maker of products such as Uncle Tobys cereal, Kit Kat chocolate bars, and Nescafe coffee — last week reported falling revenue, losses on asset sales and a $ 51.2 million writedown for the 2014 calendar year.

Treasury's 73,000 shareholders have endured enormous pain over the past 12 months, and this new set of impairments come on top of the infamous $ 160 million in writedowns in mid-2013 of $ 160 million as its US business faltered.

The shares rose as high as $ 6.47 in mid-May 2013, before its troubles began with an oversupply of commercial wine in the United States, triggering heavy writedowns and a profit downgrade which claimed the scalp of former chief executive David Dearie.

However, he said the $ 22 million writedown was disappointing and reinforced the fact that trading conditions were challenging for RFG's domestic franchise operations as consumers cut back on non-essential spending.

What remains to be seen is how this announcement will affect RIM's outlook in the short - term, as losing such a long - standing hardware partner is already being seen as another blow for the struggling company, especially as it faces yet another writedown.

The banks might as well take their writedowns now.

If you exclude the contribution from the Mexican plants and other unusual items, such as goodwill writedowns, Transcontinental earned $ 161.7 million, or $ 2.00 a share, in its 2011 fiscal year (which ended October 31, 2011).

I'll use the homebuilders as an example here — at troughs, they sometimes trade for half of written - down book value, The question becomes the final side of the book value after the writedowns.

That is why we carefully designed the guidelines of the FHA Short Refinance Option to discourage borrowers from purposefully becoming delinquent on their loan, otherwise known as strategically defaulting, solely to receive a principal writedown.

However, this 2012 article also provides an interesting perspective: «Reading between the lines of the NTR annual report, it would appear that the aggressive Greenstar [NTR's Irish waste management business] writedowns were at least in part a game of high - stakes poker» as NTR was «attempting to buy the loans from the banks at a discount».