Sentences with phrase «billion in asset write»

The meltdown has forced the world's biggest banks and securities firms to take $ 467 billion in asset write - offs and credit losses and led to the collapse of Bear Stearns Cos..

Not exact matches

BMO Capital Market analysts Gary Nachman and Chris Wolpert wrote in a Tuesday note that Valeant's decision to sell off some $ 2.1 billion in assets was a good start to paying down its hefty debt.

Billionaire investor Stephen Jarislowsky, whose firm manages $ 35 billion in assets, wrote an op - ed for the Financial Post that says higher taxes on capital gains would, «hammer another nail in the coffin for Canadian investments, particularly at a time when our economic outlook is already relatively weak.»

«To us, [the iNova bids are] another disappointment in what was promised to be $ 8 billion worth of asset sales that so far has only been approximately $ 2 billion,» writes Wells Fargo's David Maris in a note.

This value is added to the accumulated asset write - downs, which totaled $ 9.6 billion in 2013.

Who in their right mind would lend $ 2.5 billion for a century to an emerging markets company that in April wrote off $ 17 billion in overvalued assets and billions more in bribes?

While Lion's beer and wine business continues to grow, sales and earnings in dairy have been going backwards for several years, forcing the company to write down the value of dairy assets by about $ 2 billion.

Many of Goodman's shareholders paid $ 2 a share in its $ 2.1 billion initial public offer in 2005 and have become frustrated with the company after years of restructuring, asset write - downs and profit downgrades.

As I write this (3/10/16), Morningstar reports that Crescent has $ 16.6 billion in assets, well down from its $ 20.5 billion 2015 peak.

As of year end 2013, Foresters had total assets under management of over $ 1.4 billion and a more than $ 141 million in gross written premiums.

The bill, which passed the committee 50 to 10, would exempt community banks with less than $ 10 billion in assets from the Volcker Rule — similar to the Senate package — but it would also make the Federal Reserve Board the exclusive rule writing agency for the rule.

Group assets are in excess of $ 3.8 billion with 2013 direct written premium of $ 2.0 billion.

The company possessed assets under management of approximately $ 1.4 billion as of year - end 2013, and as of that same time, it had over $ 141 million in gross written insurance premiums.

As one of the largest privately held independent insurance companies in the Unites States, Americo Financial Life and Annuity Insurance Company has more than $ 6 billion in assets and almost 659,000 policies written with more than $ 32 billion of in force life insurance premium.

Microsoft today announced that it set to write off $ 7.6 billion related to assets associated with the Nokia's acquisition that was held back in September 2013.