What we found on the web about Writedowns
Gary Crittenden - Wikipedia, the free encyclopedia
At a November analysts' call, he was asked if he would confirm the truth that the writedowns were finally over. He said he could give no such assurances.
Marcel Ospel - Wikipedia, the free encyclopedia
After the company reported 19 billion U.S. dollar write-downs, Mr. Ospel was forced to withdraw his candidacy for re-election to the Board at the Annual General Meeting on 23 April ...
Banks, Brokers May Face Billions More in Writedowns - Financials * US ...
Goldman Sachs said it expects additional writedowns of about $1 billion to $12 billion each for several major US brokers in the first quarter, with Citigroup estimated to record ...
Credit Crisis Timeline - Credit Writedowns
There have been tremendous economic dislocations during the present banking crisis. Initially written off as a sub-prime crisis, leading policy makers said
Write Downs?
Yikes, the article on the front page of the WSJ today hints at the pending write downs of debt that may be coming for banks. The Home Depot Supply story is quite alarming as we see ...
Write down
Many companies during the subprime mortgage crisis had a combination of both write-offs and write-downs. The term write-off (or write-down) describes a reduction in recognized value
Writedowns | Consumer Mortgage Reports
All the latest mortgage news, videos, information, where to get your mortgage, when to get a mortgage, where to find your best interest rates, articles and editorials.
Financial Statements - Credit Writedowns
ShareThe positive earnings announcement by Wells Fargo on Wednesday was marred by a sell recommendation from Dick Bove and a lot of chatter about credit writedowns and mortgage ...
Citi's write-downs: What did it know, and when did it know? - Nov. 11 ...
Facts coming out in the media, including those in the Fortune article, "Robert Rubin on the job he never wanted," make it clear that Citigroup delayed for more than a week - from ...
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These recent articles mention Writedowns
US bracing for commercial property writedowns
Australian Broadcasting Corp.
TONY EASTLEY: Despite continuing signs of a sluggish recovery in the United States, there are growing concerns that a plunge in commercial property will be the next economic shock. There's now open talk of a commercial property bloodbath in...
Analyst Mayo Stands Firm On Citigroup Writedown Prediction
CNN Money
Mayo's insistence that write-downs are expected puts him at odds with Citigroup , and with other analysts who think the bank has enough room to maneuver around problematic writedowns. The items in question, known as deferred tax assets, can...
Maersk hits out at container line rescues
Financial Times
Post-tax profits for the segment fell 77.3 per cent to $258m for the first nine months, on revenue up 1.2 per cent to $4.03bn, partially because of $296m writedowns in the value of tankers. The oil and gas division continued to be the group...
Porsche in slow lane with €4bn loss
Times Online
However, Porsche was marred by writedowns on options as Volkswagen shares rose as high as €1,000 in October 2008. Porsche amassed more than €10 billion in net debt just as credit markets froze. It was forced to turn to VW for a loan, openin...
Glance-Europe Factors-Shares seen mixed; earnings in focus
CNBC
For details, see: Q-CELLS Q-Cells posted its third consecutive quarterly net loss on writedowns and restructuring costs, but said cost cuts would start having a positive impact on earnings from early 2010. For details, see: BRITISH AIRWAYS ...
Natixis returns to profit after series of losses
The Guardian
... parent bank BPCE to provide a safety net for 35 billion euros of Natixis's toxic assets has also helped stabilise the financial position of the company, which booked large writedowns during the global financial crisis. A Reuters poll of...
WRAPUP 2-German solars see cost cuts, demand brightening 2010
Reuters UK
DE ), among the world's largest solar cell makers, posted a third-quarter net loss of almost a quarter of a billion euros, hurt by writedowns and restructuring costs. But it said it expects a savings programme -- under which it is cutting 5...
KBC outperforms in Q3 on merchant banking
The Guardian
Losses on bad debts have soared for banks around the world this year as unemployment rises and economies slow, replacing writedowns on toxic assets as the main worry. KBC Chief Executive Jan Vanhevel said in a statement that volume trends r...
Barclays Share Issue Faces Analyst Scrutiny
BusinessWeek
Their conclusion –- further possible writedowns and attempts to raise its Tier-one capital ratio in line with other European banks could mean Barclays having to raise $17.9 billion in extra capital. That's not good news for the likes of Qat...
Porsche reveals huge losses
The Business Insider
Porsche on Thursday revealed a €4.4bn ($6.6bn) pre-tax loss in its past fiscal year, compared with €8.6bn in pretax profit a year earlier. The German sportscar maker had to swallow large writedowns on Volkswagen shares and options after ...
Porsche: pretax loss euro4.4 bn in past fiscal year
BusinessWeek
The pretax loss of euro4.4 billion ($6.6 billion) loss for the year that ended July 31 compared with a pretax profit the previous year of euro8.6 billion and was driven by writedowns for the value of options on Volkswagen shares, the compan...