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Sydney Morning Herald
Nov 26
Comment
Fisher & Paykel Appliances reported a first half net loss of $NZ82.4 million ($A64.75 million), affected by write downs and weak sales.
MarketWatch
Nov 25
Comment
German banks may have to write off between 50 billion and 75 billion euros ($113 billion) on bad loans, the Deutsche Bundesbank said Wednesday in its financial stability review. German banks have made considerable headway in consolidating their...
Wall Street Journal
Nov 24
Comment
Borders and Barnes & Noble posted downbeat results and expressed fear the weak economy will keep shoppers from stores despite offerings from well-known authors.
Clusterstock
Nov 24
Comment
Asian bank shares led markers lower overnight, on fears that Chinese banks may need to raise capital in order to shore up their balance sheets.
This comes on the heels of sharp words from the Chinese banking regulator towards major Chinese...
naked capitalism
Nov 24
Comment
By Edward Harrison of Credit Writedowns
Two weeks ago as the Financial Reform Bill was wending its way through Congress, Paul Kanjorski emerged as the champion of breaking up too-big-to-fail financial institutions. After seeing trillions of...
The Australian
Nov 20
Comment
PROPERTY developer and house builder AV Jennings has forecast a return to profit in the 2010 financial year after avoiding asset writedowns on development projects.
TheStreet.com
Nov 20
Comment
The homebuilder narrowed its loss in the fourth quarter as it wrote down fewer costs. Closings fell 31% in the quarter.
Wall Street Journal
Nov 18
Comment
Paulson thinks Bank of America could 'almost double' in the next two years, a Bloomberg report says. The stock's jump today is helping the financial sector stay afloat.
Sydney Morning Herald
Nov 18
Comment
AWB, the wheat trader and rural services operator, has confirmed that closing its Brazilian operations and write-downs in the value of its fertiliser business cost it $187.3 million last year.
News.com.au
Nov 17
Comment
AWB has reported a full-year loss as the grains marketing company took write-downs for discontinued businesses and charges for restructuring and legal costs.
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