Impairment charge

RECENT NEWS
SeekingAlpha  Aug 8  Comment 
By The Investment Doctor: Last month, I wrote an article on Ausdrill (OTCPK:AUSDF) stating that the company was trading at just a fraction of its book value and that it had a very big cushion which would withstand a harsh impairment charge. Now...
DailyFinance  Jul 29  Comment 
GrafTech International Ltd. (NYSE:GTI) today announced an estimated $126 million non-cash impairment charge and additional initiatives to increase its global competitiveness, reduce cost and improve profitability. These...
newratings.com  Jul 14  Comment 
WASHINGTON (dpa-AFX) - Leggett & Platt Inc. (LEG) said Monday that it expects to record a $108 million pre-tax, non-cash goodwill impairment charge for the second quarter to reflect the complete write off of the goodwill associated with the Store...
The Globe and Mail  Jan 11  Comment 
Fourth-quarter earnings hit by write-down of old aluminum-smelting acquisitions
Reuters  Jan 10  Comment 
Alcoa Inc reported a massive quarterly loss on Thursday after recent declines in aluminum prices led to a $1.7 billion non-cash impairment charge on smelter acquisitions.
Reuters  Jan 9  Comment 
Alcoa Inc reported a massive quarterly loss on Thursday after recent declines in aluminum prices led to a $1.7 billion non-cash impairment charge on smelter acquisitions.
CANOE.ca  Aug 1  Comment 
Barrick Gold Corp reported stronger-than-expected quarterly results on Thursday, sending its shares up as much as 5.6% even as it recorded a massive $8.7 billion impairment charge and cut its dividend by 75%.
Mining Weekly  Jul 29  Comment 
The share price of metals miner Oz Minerals declined on Monday as the company announced an impairment charge of between A$200-million and A$240-million for is Prominent Hill asset. The miner told shareholders that the anticipated asset impairment...
The Globe and Mail  Jul 27  Comment 
The charge was tied to two of Newmont’s Australian mines
The Hindu Business Line  May 24  Comment 
The Tata Steel Group has said that it took an impairment charge of Rs 8,356 crore in Q4 FY’13. “A significant portion of this impairment charge relates partly to the goodwill created on t...




RELATED WIKI ARTICLES

Related Articles

 

An Impairment Charge is incurred when the fair value of a company's goodwill is less than the recorded value. If the fair value of goodwill is less than the recorded value, a company's goodwill is said to be "impaired" and the difference (between the fair value and recorded value) must be charged off as an expense.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki