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Treasury Wine Estates forecasts impairment on US assets

The Daou brand owner has decided to put in place "more conservative long-term market growth assumptions" due "to further ...
EconoTimes

Treasury Wine Estates Shares Hit 10-Year Low After Announcing Major U.S. Asset Impairment

Australias Treasury Wine Estates (ASX:TWE) saw its shares plunge to their lowest level in a decade after the company revealed ...

Australia's Treasury Wine flags US asset impairment, shares hit decade low

Australia's Treasury Wine Estates said on Monday it expects to recognise a non-cash impairment of its U.S.-based assets, with ...
Nasdaq

Transocean To Incur Impairment Charge Of Up To $645 Mln In Q3 Amid Asset Sale

(RTTNews) - Transocean Ltd. (RIG) announced Tuesday that a subsidiary of the Company entered into agreements with a third party to sell the Development Driller III and associated assets for $195 ...

Treasury Wine Flags $450 Million Writedown of US Assets, Shares Hit Decade Low

RBC Capital Markets analyst Michael Toner said the writedown was consistent with Treasury pulling its earnings guidance for ...
Benzinga.com

South32 Dives On $818M Impairment As Alumina And Nickel Assets Disappoint

South32 shares plummet 12.57% after announcing a $818 impairment on two projects. Environmental conditions and the troubling nickel market lead to significant operational challenges. Ready to turn the ...
Oil

Chevron marks California, certain GoM assets for $4-billion impairment

Chevron Corp. plans to record $3.5-4.0 billion in impairments for fourth-quarter 2023 associated with a portion of its US upstream assets. The Jan. 2 filing to the Securities and Exchange Commission ...
Business Wire

Bakkt Announces Non-Cash Goodwill and Other Intangible Assets Impairment Charge

ALPHARETTA, Ga.--(BUSINESS WIRE)--Bakkt Holdings, Inc. (NYSE: BKKT) (the “Company” or “Bakkt”) announced that it completed its annual impairment testing of goodwill and other intangible assets as ...
Nasdaq

Raily Aesthetic Announces Significant Asset Impairment

Raily Aesthetic Medicine International Holdings Limited (HK:2135) has released an update. Raily Aesthetic Medicine International Holdings Limited has announced a provision for asset impairment ...
Morningstar

Scotiabank Quarterly Earnings Dented by Impairment Loss on Asset Sales

Bank of Nova Scotia earnings in the latest quarter fell sharply as the big Canadian lender booked an impairment hit related to its exit from certain Latin America assets. Scotiabank's net income ...
MarketWatch

Eastman Kodak to take $32M asset impairment charge

SAN FRANCISCO (MarketWatch) -- Eastman Kodak said it will incur a $32 million asset impairment charge as it takes back-up consumer film production manufacturing equipment and related utilities ...
Wall Street Journal

Saint-Gobain Profit Plummets on Asset Impairment

Compagnie de Saint-Gobain SA (SGO.FR) said Thursday that its 2018 net profit more than halved after it booked a large asset impairment, and proposed a slightly higher dividend than the year before.