Write-offs

RECENT NEWS
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.
Forbes  Jul 3  Comment 
BP's historic settlement could saddle American taxpayers with up to a third of the cost via BP tax deductions.
The Economic Times  Jul 3  Comment 
Singapore-based DBS Bank's Indian arm today reported a loss of Rs 275 crore in FY15 as it cleared stress on its books suffered.
Reuters  Jul 2  Comment 
U.S. stocks extended losses on Thursday after the International Monetary Fund warned Greece may need a large debt write-off, and muted U.S. jobs data dampened the economic outlook.
New York Times  Jul 2  Comment 
As a Treasury Department official, Mr. Walker oversaw federal revenue-sharing. As a lobbyist, he helped preserve write-offs for the three-martini lunch.




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