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Tag: writedown
Brown-Forman's Chambord write-down signals tough times ahead for back-bar stalwarts - comment
2020-06-09 19:49:00| Daily beverage news and comment - from just-drinks.com
Yesterday's results from Brown-Forman have made it clear that when it comes to the fallout from the coronavirus, spirits brands will have vastly differing fortunes.
Tags: times
comment
ahead
tough
Ericsson announces SEK 1 bln write-down for 5G inventory in China in Q2
2020-06-08 09:32:00| Telecompaper Headlines
(Telecompaper) Ericsson said it will write down approximately SEK 1 billion worth of pre-commercial product inventory for the Chinese markets in the second quarter. This will be reported under the Networks segment and will affect the gross margin. The vendor still maintains its financial targets for 2020 and 2022.
Tags: in
china
inventory
ericsson
Exxon Mobil Posts Loss, $3 Billion Writedown on Oil Price Plunge
2020-05-01 15:15:28| OGI
Exxon Mobil Corp. on May 1 joined a parade of oil companies posting downbeat results on plunging oil demand and collapsing prices, reporting a $610 million first-quarter loss after a nearly $3 billion inventory writedown.
Shell Expects Up to $800 Million Write-down after Oil Crash
2020-03-31 20:00:00| OGI
Shell said it expects significant uncertainty over oil and gas prices and demand as consumption falls due to COVID-19 lockdowns across the globe.
Tullow To Book $1.5 Billion Writedown On Oil Price Outlook, Reserves
2020-01-15 15:10:30| OGI
The reduction in oil price assumptions brings Tullow more in line with peers expectations, CFO Les Wood said during a conference call.