Write-downs

RECENT NEWS
Financial Times  Oct 19  Comment 
Landesbanken concerned over writedowns of lenders’ portfolios of shipping assets
The Australian  Oct 9  Comment 
NAB chief Andrew Thorburn has bitten the bullet and will raise $800m in equity after clearing the deck with $1.3 billion of writedowns and impairments.
The Economist  Oct 7  Comment 
THE International Monetary Fund has just released the full update to its fall World Economic Outlook, which includes its latest forecast for global growth. The picture is not pretty: Back in January the IMF thought the world might manage...
Financial Times  Sep 29  Comment 
Writedowns associated with Texas project nearly wipe out year’s earnings
guardian.co.uk  Sep 29  Comment 
KPMG instructed to investigate after internal reviews at troubled construction firm unearth extra losses and write-downs Shares in Balfour Beatty plunged by 15% as the infrastructure group issued its fifth profit warning in less than two years...
Yahoo  Sep 26  Comment 
District Judge Charles Breyer asked whether HP officials, including Chief Executive Meg Whitman, were getting too broad of a pass from potential shareholder claims related to their leadership. HP announced a $8.8 billion writedown in November...
Wall Street Journal  Sep 26  Comment 
Finish Line said its fiscal second-quarter profit ticked down 1.3% as higher costs, expenses and write-downs cut into higher sales.




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