Sentences with phrase «writedown related»

On July 20, 2012, Microsoft posted its first quarterly loss ever, despite earning record revenues for the quarter and fiscal year, with a net loss of $ 492 million due to a writedown related to the advertising company aQuantive, which had been acquired for $ 6.2 billion back in 2007.

Not a quarter goes by that we don't hear another corporation announcing an asset writedown related to a previous acquisition.

Not exact matches

The Swiss bank UBS reported a net profit of 1.2 billion Swiss francs ($ 1.25 billion) for the whole of 2017, weighed down by a writedown in the fourth quarter that related to the new U.S. tax overhaul.

It is the US business that has been the most troublesome for Treasury, which in mid-2013 was forced to announce embarrassing writedowns of $ 160 million related to its US wine operations.

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.

Cost, which is sometimes adjusted for cost and other things that are time - related, and subject to writedowns.