Sentences with phrase «writedowns for»

It's an infrastructure company that had to take a writedown for some unexpected flooding that happened in an area, which's why their earnings were down in the previous quarter.

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.

In September, the studio's parent company Viacom reported a $ 115 million writedown for a movie believed to be «Monster Trucks.»

In Amazon's third quarter, the company said it took a $ 170 million writedown for unsold Fire phones, meaning the company is losing even more money than it had originally thought, because of how poorly it's sold.

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.

In 1998, for instance, Cara announced it would shutter 71 outdated Harvey's locations and took a $ 15 - million writedown.

Meanwhile, Paramount is already off to a rough start this year after the studio said in the fall that it would need to take a whopping $ 115 million writedown on its earnings for an unnamed 2017 film.

Noble is pursuing a $ 3.4 billion debt restructuring - crucial for the survival of the company - which has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to cut debt.

Embattled Noble has been negotiating a $ 3.4 billion debt - for - equity swap — crucial to its survival — after selling billions of dollars of assets, taking hefty writedowns and cutting hundreds of jobs over the past three years.

This Yahoo earnings report is the long awaited report card for Marissa Mayer — Tumblr writedown — Mass layoffs — Officially up for sale

Yahoo also notes in its release that it has taken a «non-cash goodwill impairment charge» (in other words, a writedown) of $ 4.46 billion on some of its assets — including Tumblr, the blog platform that it acquired in 2013 for $ 1.1 billion.

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.

It's unlikely in any event that these problems have actually been solved, because we can't reconcile the quantity of delinquent loans with the tamer figures for foreclosures and writedowns.

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.

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.

Despite its technical staff ruling in 2010 - 11 that Greece's foreign debts could not be paid and hence needed to be written off, its heads — first Dominique Strauss - Kahn and then Lagarde — acted in blatant conflict of interest to support the French bankers demands for payment in full, and U.S. demands by President Obama and Wall Street lobbyist Tim Geithner to insist there be no writedown at all.

The company said it would «explore strategic alternatives» for its media and cloud - infrastructure businesses, and take a writedown on intangible assets including capitalised development within its media and IT units in the first quarter of 2017.

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.

The new offer for the maker of Penfolds, Wolf Blass, Lindemans, Rosemount and Wynns, continues the rollercoaster ride for Treasury, which has suffered a string of heavy writedowns mainly linked to its underperforming United States wine operations.

Mr Clarke said the announcements about the shift in Penfolds releases and the writedowns had no implications for any takeover activity and Treasury was getting on with the job of implementing `' the roadmap» of how any owner should be running the business.

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.

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.

This follows the recent confirmation by the beleaguered platform and hardware developer that it will be taking steps to write down up to a staggering US$ 1 billion in unsold inventory across its current North American product line, which follows a similar writedown taken late last year for $ 400 million in unsold PlayBook inventory, which culminated in the short - term fire sale to employees and consumers while raising serious concerns regarding RIM's capability to sell the previously noncompetitive tablets.

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 PlayBook writedown is the latest in a steady stream of bad news for Waterloo, Ontario - based RIM, whose BlackBerry is losing market share to the iPhone and Android devices.

The principal writedown program at FHA is for use on non-FHA loans.

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.

Bank writedowns are all about human nature really — for years, they are too slow and too foolishly optimistic to recognize problems / losses, and finally after quarters / years of pain / catching up, and a rather inevitable complete change in management, they become terminally depressed and assume every single asset on the B / S needs a kitchen - sink writedown.

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

Economists View http://economistsview.typepad.com/ Cafe Americain http://jessescrossroadscafe.blogspot.com/ Market - Ticker http://market-ticker.denninger.net/ Econbrowser http://www.econbrowser.com/ Greg Mankiw's Blog http://gregmankiw.blogspot.com/ Carpe Diem http://mjperry.blogspot.com/ Credit Writedowns http://www.creditwritedowns.com/ Gregor Macdonald http://gregor.us/ Jeff Miller http://oldprof.typepad.com/ Floyd Norris — NYT http://norris.blogs.nytimes.com/ Market Beat — WSJ and their real time economics blog, deals, and real estate blog... http://blogs.wsj.com/marketbeat/ FT Alphaville — http://ftalphaville.ft.com/ James Pethokoukis — Reuters http://blogs.reuters.com/james-pethokoukis/ (also Matt Goldstein and Rolfe Winkler at Reuters) Curious Capitalist — Time http://curiouscapitalist.blogs.time.com/ Matt Taibbi — http://trueslant.com/matttaibbi/ (And others at the same site) Trader Mark http://www.fundmymutualfund.com/ Dealbreaker http://www.dealbreaker.com/ The Epicurean Dealmaker http://epicureandealmaker.blogspot.com/ Ultimi Barbarorum http://ultimibarbarorum.com/ Zero Hedge http://www.zerohedge.com/ (ask for Tyler Durden or Marla Singer) The Reformed Broker http://thereformedbroker.com/ Crossing Wall Street http://www.crossingwallstreet.com/index.html Cody Willard http://cody.blogs.foxbusiness.com/

[NB: Adjusted for 3 months admin expenses, my 60 % deemed writedown on a legacy Romanian property loan, and Ether / ICO token sales & revaluations.

Nonrecurring writedowns, charges for changes in accounting principles, and other adjustments, if they happen often enough, it makes a statement about the way a company handles accounting.

The accounting for DAC [deferred acquisition cost] assets can be liberal at times — writedowns are not required until you are deferring losses.

David Gray, an analyst with Planet Retail here, said the plan to exit the U.S. «was welcome news for investors, even if the writedown of U.S. assets will prove unhelpful in the short term.