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TeliaSonera swings to Q4 loss on Uzbekistan, Denmark writedowns

2016-01-29 01:00:00| Total Telecom industry news

Swedish telco grows full-year revenue, EBITDA; forecasts 2016 capital spending of up to SEK15 billion.

Tags: loss denmark uzbekistan swings

 

$6.5 Billion in Energy Writedowns and We're Just Getting Started

2015-10-23 23:19:56| Energy - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The oil and gas industry's earnings season is barely underway, and already there's been $6.5 billion in writedowns.

Tags: just started getting energy

 
 

Ascena weighed down by writedowns in Q4

2015-09-17 03:53:25| Apparel - Topix.net

Justice continues to be a drain for the Ascena Retail Group, but in the fourth quarter Lane Bryant also proved to be a burden, as the company reported a drop in same-store sales. The operator of Justice, as well as stores under the Lane Bryant, Cacique, Maurices, Dressbarn, and Catherines brands, said combined same-store sales declined 2% during its fourth quarter of fiscal 2015 ended July 25. David Jaffe, president and CEO of Ascena Retail Group Inc., said: "Results for the quarter were challenged by two large, non-operating expense hits related to a goodwill and trade name impairment at Lane Bryant and litigation activity at Justice.

Tags: in weighed q4 writedowns

 

Write-Downs Abound for Oil Producers

2015-09-14 13:39:30| Oil & Gas - Topix.net

U.S. oil-and-gas producers have written down the value of their drilling fields by more in 2015 than any full year in history, as the rout in commodity prices makes properties across the country not worth drilling. A group of 66 oil and gas producers have taken impairment charges totaling $59.8 billion through June, according to a tally by energy consultancy IHS Herold.

Tags: oil producers abound writedowns

 

Write-Downs Abound for Oil Producers

2015-09-14 12:12:17| Energy - Topix.net

U.S. oil-and-gas producers have written down the value of their drilling fields by more in 2015 than any full year in history, as the rout in commodity prices makes properties across the country not worth drilling. A group of 66 oil and gas producers have taken impairment charges totaling $59.8 billion through June, according to a tally by energy consultancy IHS Herold.

Tags: oil producers abound writedowns

 

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