Sentences with phrase «big writedown»

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.

It could not be learned how much of the $ 835 million loan came directly from Goldman Sachs, how big the writedown was, or how much bonuses would be affected.

Foster's, which was taken over by SABMiller in 2012, spent up big on wine assets in the United States in 2001 with the acquisition of Beringer but made big writedowns over the next decade.

One of the biggest shortfalls in investor understanding is the big writedowns.

Not exact matches

It was the biggest deal in the company's history, but last February it announced a $ 2.49 - billion writedown after finding out that the gold at Red Back's Tasiast mine was of a lower grade than previously thought.

RIM fell 9.7 percent on the day it announced the PlayBook writedown, its biggest decline since its previous quarterly sales miss in September.

The country's six biggest lenders reported less than $ 20 - billion in debt - related writedowns since the credit crisis began in 2007, about 2 % of the US$ 887.1 - billion recorded by banks and brokerages worldwide.

American International Group, the world's largest insurer, recently reported the biggest loss in the company's history largely due to an $ 11 billion writedown on its CDS holdings.