Impairment charge

RECENT NEWS  Aug 4  Comment 
WASHINGTON (dpa-AFX) - Newfield Exploration Co (NFX) on Tuesday reported second-quarter net loss of $992 million or $6.09 per share compared with a loss of $22 million or $0.16 per share last year. Results for the quarter included impairment...  Jul 20  Comment 
SGL CARBON SE: Agreement on the sale of the aerostructures business of HITCO leads to an impairment charge in H1/2015 SGL CARBON SE / Key word(s): Disposal/Preliminary Results 20.07.2015 08:00 Dissemination of an Ad hoc announcement according...
MarketWatch  Jul 17  Comment 
Xerox Corp. says it will book a $145 million software impairment charge as it refocuses its government healthcare business.
Yahoo  Jul 1  Comment 
An assessment of its Green Giant brand showed the business's market value was now lower than its carrying value, the company said in a statement on Wednesday. General Mills has put up Green Giant for sale, people familiar with the matter told...
Reuters  Jun 11  Comment 
Rio Tinto Ltd said it was assessing an about $300 million non-cash impairment charge related to its shareholding in Energy Resources of Australia Ltd .
Wall Street Journal  Feb 26  Comment 
Transocean swung to a loss as it logged a $992 million charge in the fourth quarter to correct the value of its contract drilling business.
Reuters  Feb 20  Comment 
Centerra Gold Inc reported a loss for the fourth quarter as the miner produced and sold fewer ounces of gold and took a goodwill impairment charge due to a fall in reserves and...


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