Write-downs

RECENT NEWS
Motley Fool  Jul 22  Comment 
More than $2.5 billion in restructuring charges and asset writedowns led Schlumberger to swing into the loss column this past quarter, but management is prepping for a recovery.
New York Times  Jul 16  Comment 
Outside lawyers investigated sexual violence at Baylor University. But a full accounting of the inquiry was never written down — at the university’s request.
Financial Times  Jul 3  Comment 
Writedowns come in the wake of the UK’s vote to leave the EU
The Australian  Jun 22  Comment 
Wesfarmers yesterday flagged a writedown on its Curragh coking coal mine of up to $850 million.
The Australian  Jun 9  Comment 
Amcor’s Venezuelan writedown reflects a country in deep crisis, and local partner embroiled in the political meltdown.
MarketWatch  May 31  Comment 
The Sports Authority's bankruptcy and liquidation will cost retailer Under Armour Inc. at least $23 million in a writedown in the second quarter, Under Armour said late Tuesday. As a result of the writedown as well as loss of further sales to The...
The Australian  May 30  Comment 
Wesfarmers should have added at least another $1bn in writedowns when it cut the value of assets, says a top analyst.
The Australian  May 27  Comment 
Naysayers are in full speed after this week’s writedowns, but the criticism is a touch narrow.
Financial Times  May 25  Comment 
Move is further retreat from ill-fated $7.2bn purchase of unit from Nokia
The Australian  May 24  Comment 
Wesfarmers’ CEO has put a brave face on the $2.3bn writedown on Target and its Curragh coal mining business.




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