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But taking the write down is usually an ego blow and a public mea culpa that the acquisition was perhaps not the greatest use of capital. Hence, the CEO resists taking a timely write-down.
First came the trade war. Now get ready for the write-downs. First Solar shares are getting hammered after the company reported disappointing results and trimmed its earnings and revenue guidance.
It's now down for four of the past five days. Bethesda, Md.-based Lockheed (LMT) had net income of $527 million, or $2.22 a share in the quarter, down from $$1.9 billion, or $7.58 a share, in the ...
Xerox, for example, has had large goodwill write-downs in three of its past four fiscal years. They totaled more than $2 billion, including a $1 billion charge last year.
American International Group Inc. has been hit with $13 billion in write-downs over the past year stemming from the securities lending accounts of 12 of its insurance units.
Tenet Healthcare was hit by $136 million in write-downs, acquistion-related costs and other one-time items, according to Market Watch. 1. Tenet lost $61 million for the April to June period, compared ...
Moog Inc.’s third-quarter profits fell by 12 percent as write-downs related to its struggling medical device business and an investment in a technology start-up canceled out what otherwise would ...
Write-down exclusions welcomed, ‘but not central’ to EU treaty talks. Merkel and Sarkozy's relaxation on rules on the private sector taking losses on future eurozone bailouts are welcomed by the ...