Sentences with phrase «writedowns from»

Writedowns from these items are what hurt.

The result follows a combined $ 68 million in total writedowns from Macquarie's Paraway Pastoral and Australian Agricultural Company in the past two months.

Barclays predicted $ 20 billion in writedowns from six companies in an Oct. 21 report.

He was also forced to clean up other messes, including bad bets on U.S. subprime mortgages and structured debt that cost the bank more than $ 10.7 billion in writedowns from 2007 to 2009, the most of any Canadian lender during the financial crisis.

Not exact matches

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.

The Japanese group said cost overruns at U.S. power projects handled by the CB&I Stone & Webster Inc business it acquired last December from Chicago Bridge & Iron Company NV (CB&I) would be much greater than initially expected, potentially requiring a huge writedown.

The No. 1 U.S. mortgage financing company swung back from a net loss of $ 6.53 billion in the fourth quarter due to a $ 9.9 billion writedown of its deferred tax assets tied to the sweeping federal tax...

Several of Canada's lenders with U.S. exposure have indicated they expect to record a writedown in the first quarter to reduce the value of deferred tax assets, but are expecting a long - term, sustainable boost to their earnings from the tax cut.

The loss was largely due to a $ 916 million impairment charge on its long - lived assets, stemming both from a major tax and export dispute between its 64 - per - cent owned Acacia Mining and the Tanzanian government, and the partial writedown of its Pascua Lama project after the Chilean government ordered it to close all surface facilities.

That approach saw CWB turn down the opportunity to invest in asset - backed commercial paper offered by the likes of Lehman Bros. and Merrill Lynch, thus sparing it from the 2007 meltdown that caused huge writedowns at its larger peers.

That was up from $ 1.26 million or a penny per share in the fourth quarter of 2016, when Torstar recorded non-cash asset writedowns at its Workopolis joint venture and its Metroland Media division, which has been reorganized.

It's non-GAAP income from operations (meaning income that excludes one - time expenses like the goodwill writedown) fell to $ 342 million in 2015 from more than $ 755 million in 2014.

With these straightforward, if still painful, solutions closed off it may take a muddle of austerity, higher taxes, debt writedowns and perhaps guarantees from Washington to help fix the mess.

Treasury split off from Foster's in mid-2011 but came to grief in mid-2013 when it suffered $ 160 million in writedowns in the US and needed to destroy 6 million bottles of cheap bottled wine.

«Some accounts have compared the Kobo writedown in dollars — $ 68 million — to the purchase price of $ 315 million from early 2012.

If you exclude the contribution from the Mexican plants and other unusual items, such as goodwill writedowns, Transcontinental earned $ 161.7 million, or $ 2.00 a share, in its 2011 fiscal year (which ended October 31, 2011).

And boy, this approach can deliver — what emerges from the mist can really amaze sometimes... Remember, most writedowns, «compliance», interest (/ capital structuring), taxes etc. happen at the corporate level.

That is why we carefully designed the guidelines of the FHA Short Refinance Option to discourage borrowers from purposefully becoming delinquent on their loan, otherwise known as strategically defaulting, solely to receive a principal writedown.

How would FHA handle losses resulting from mortgage writedowns?

The change in value is even more than the reduction in the DAC, because in the writedown process, the discount rate on the DAC went from a positive number to zero.

However, this 2012 article also provides an interesting perspective: «Reading between the lines of the NTR annual report, it would appear that the aggressive Greenstar [NTR's Irish waste management business] writedowns were at least in part a game of high - stakes poker» as NTR was «attempting to buy the loans from the banks at a discount».

But they are still pretty short of the losses they incurred from the 360 launch and the RROD warranty writedown.

The writedown led to the resignation from PacHydro's board of key IFM figures Garry Weaven and Brett Himbury.