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US: J Crew moves to Q1 loss and warns on possible write-down

2014-06-05 11:39:55| Daily apparel & textile news and comment - from just-style.com

Fashion retailer J Crew Group has moved to a net loss in its first-quarter and revealed it may record a non-cash impairment charge if operating results continue to decline.

Tags: possible loss crew moves

 

Write-down of two-thirds US shale oil explodes fracking myth

2014-05-22 13:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Next month, the US Energy Information Administration (EIA) will publish a new estimate of US shale deposits set to deal a death-blow to industry hype about a new golden era of US energy independence by fracking unconventional oil and gas. EIA officials told the Los Angeles Times that previous estimates of recoverable oil in the Monterey shale reserves in California of about 15.4 billion barrels were vastly overstated. The revised estimate, they said, will slash this amount by 96% to a puny 600...

Tags: oil myth explodes shale

 
 

AUS: Coca-Cola Amatil posts profits plunge after AUD404m write-down

2014-02-18 12:41:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Amatil has reported a sharp drop in full-year profits because of a major write-down in its canned fruit and vegetable business, but weakness in Australia also meant a disappointing 2013 for beverages.

Tags: aus posts profits plunge

 

AUS/US: Treasury Wine Estates 'write-down' lawsuit goes live

2013-11-07 17:55:00| Daily beverage news and comment - from just-drinks.com

Treasury Wine Estates (TWE) has confirmed that legal proceedings have begun against the company over allegations involving its business practices in the US.

Tags: live wine treasury estates

 

US/CANADA: Molson Coors Q3 profits stung by write-down

2013-11-06 15:46:00| Daily beverage news and comment - from just-drinks.com

Molson Coors has seen a levelling of profits growth in its year-to-date after Q3 earnings were held back by a write-down in value of two European brands and weak consumer demand.

Tags: profits stung coors molson

 

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