Sentences with phrase «massive writedown»
Treasury's long - suffering shareholders, who this week endured yet another massive writedown of wine brands and infrastructure at the cheaper end of the market of up to $ 260 million, will be hoping Mr Clarke's recipe is the right one.
http://www.afr.com/
TORONTO — Poor sales of BlackBerry (TSX: BB) smartphones have forced the company to take a massive writedown on the devices and slash 4,500 jobs across its operations.