Write-offs

RECENT NEWS
BBC News  Aug 27  Comment 
The Ukrainian government announces a debt restructuring deal with creditors including a 20% write-off, saving the conflict-hit country from default.
The Economic Times  Aug 26  Comment 
The rally will be short-lived unless it is coupled with large bad debt write-off, wholesale recapitalisation of the financial system.
The Australian  Aug 11  Comment 
Investec Australia has written off goodwill from David Gonski’s Wentworth Associates as part of a broad restructure.
WA Business News  Aug 2  Comment 
Small businesses are using the instant tax write-off to get some new ideas and overdue investments under way.
Forbes  Jul 30  Comment 
Adding to the host of challenges facing BP at the moment, the oil-giant faced a $600 million write-off in Libya this quarter, putting them on the way to a sharp decline in profits for the period.
Yahoo  Jul 28  Comment 
BP Plc reported second-quarter profit that missed analyst estimates after a boom in trading faded and the conflict in Libya forced almost $600 million of writedowns. The net result, which included a previously reported charge for liabilities...
Forbes  Jul 8  Comment 
Analysts often cheer write-offs and lay-offs. But Microsoft's announcements show a lack of strategy and reasons to be concerned.
The Economic Times  Jul 4  Comment 
"Losses have happened due to accelerated provisions and write-offs in the construction and infrastructure space," said Surojit Shome, CEO.




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