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Hefty write-downs are another common result.
When it would trigger hefty write-downs of peculiar but critical assets, as is the case at some of America's largest banks.
Excluding hefty write-downs related to 14 store closings and gains on Sears Canada hedges, Sears posted a loss of 90 cents a share in the latest period.
If the words are followed by action, Mediobanca will unlock 2 billion euros of capital (after some hefty write-downs, naturally) that it can invest in its own business.
The programme could also flop; lenders must agree to hefty write-downs in order to take advantage of the deal, and it is unclear how many will agree to that.
PITTSBURGH, Aug. 22 (AP) — Toll Brothers, the nation's largest builder of luxury homes, said Wednesday that its third-quarter profit plunged 84.8percentt as the housing downturn and credit worries resulted in cancellations and hefty write-downs.
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Aside from "John Carter," there was"Mars Needs Moms,"an expensive holdover from Mr. Cook's leadership that fizzled at the box office and prompted its own hefty write-down.
UK shares would have performed even better if not for a near 2.5% fall by Vodafone after a disappointing update, including a hefty write-down of European assets.
9 59 p.m. | Updated LOS ANGELES — Charges totaling $165 million, including a hefty write-down related to the underperforming movie "Rise of the Guardians," prompted DreamWorks Animation to report an $82.7 million loss in the fourth quarter.
The world's third-biggest supermarket retailer, which is being squeezed by discount rivals such as Aldi, booked several charges and took a hefty write-down in the value of its stores.
Given deal-a-day Dennis's record of overpaying for acquisitions, which results in ballooning good will, and given that profit margins in all four of the company's businesses have dropped the last four quarters, a hefty write-down is a distinct possibility.
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