Write-offs

RECENT NEWS
Forbes  Aug 21  Comment 
Bank of America is Paying $17 Billion Over Bad Mortgages, But Deftly Avoided Tax Deduction Restrictions in Settling. It's Saving At Least $4 Billion in Taxes, Maybe More.
The Hindu Business Line  Aug 20  Comment 
United Breweries Holdings Ltd (UBHL) has posted a higher loss of ₹3,345.51 crore for the fourth quarter of 2013-14 on a standalone basis because of write offs worth ₹2,450.59 crore due from ce...
The Economic Times  Aug 13  Comment 
ONGC posted a 19 per cent jump in first-quarter profit, but missed estimates, hurt by higher exploration related write-offs.
Channel News Asia  Aug 11  Comment 
BreadTalk attributed the dip to the closure of non-performing outlets, which led to an asset write-off amounting to S$2.2 million in the first half of this year.
SeekingAlpha  Jul 31  Comment 
ByMartin Vlcek: A.M Castle & Co. (NYSE:CAS) reported very disappointing Q2 earnings (SEC filing, presentation, conference call). Consolidated net sales were $249.5M for the three months ended June 30, 2014, compared to $273.4M a year ago and...
Wall Street Journal  Jul 30  Comment 
Africa-focused oil explorer Tullow Oil said it swung to a net loss in the first half of the year, largely due to a sharp rise in write-offs of exploration costs.
SeekingAlpha  Jul 25  Comment 
By Suyog Dahal: DreamWorks Animation (NASDAQ:DWA) has struggled recently to match the success it had with franchises like "Shrek". In fact, all major studios have, as "Shrek" is still the highest grossing animated franchise. The search for the...
Forbes  Jul 24  Comment 
Big model launches coming later this year are tamping down profits
Wall Street Journal  Jul 16  Comment 
Northern Trust's second-quarter profit fell 4.8% as severance-related charges and other write-offs offset strong gains in assets under custody and assets under management.




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