The company, the world's largest insurer, said for the first time that realized losses on the portfolio "could be material" to quarterly earnings.
Declines in expected future cash flows, reduction in future unit volume growth rates, or an increase in the risk-adjusted discount rate used to estimate the fair value of the Phone Hardware reporting unit may result in a determination that an impairment adjustment is required, resulting in a potentially material charge to earnings.
The company is not disclosing financial terms of the agreement as the acquisition is not material to its first quarter earnings for fiscal year 2011.
The LivingSocial deal, which is expected to close in November 2016, is "not material" to Groupon's earnings, meaning it is small enough that Groupon does not have to disclose the price.
"No material impact to FY15 earnings is expected to arise from the agreement," the statement said.
The bank said: "Despite the likelihood of a relatively poor second quarter (Easter, currency and certain one-off items) we believe that Europe's largest two tour operating companies are on track to deliver material earnings growth this year and further earnings margin improvement next year".
Micron Technology reported weaker than expected second-quarter results Monday with revenues of $1.23 billion, down 10% quarter-over-quarter. Though Microns announcement was disappointing to investors, Bear Stearns is not making any material changes to its earnings estimates and analyst Gurinder Kalra maintains a peer perform rating on Micron.
Ms. Hoxie, a worker in Disney's corporate media relations office who had access to nonpublic draft materials related to quarterly earnings, corresponded via company e-mail with Mr. Sebbag about their scheme, according to the complaint.
It recently began providing detailed breakdowns of its earnings across divisions, from materials to products and distribution, and it provides shareholders with details on how its acquisitions perform over time.
