Your English writing platform
Discover LudwigExact(2)
LaBranche said yesterday that it would post a second-quarter loss because of a substantial write-down of its specialist business.
The IMF has repeatedly said it will not sign up to the programme unless the crisis-plagued country is given more generous debt relief in the form of a substantial write-down.
Similar(58)
John M. Devine, the chief financial officer, said G.M. would take a substantial write-down of the value of that stake in the third quarter.
Those must include a substantial write-down of Greece's existing debt and new fiscal strategies for Greece and other weakened economies emphasizing growth.
"At this level, we would expect a substantial write-down on the film," Doug Creutz, an analyst at Cowen and Company, wrote in a research note on Thursday.
But Disney may have to swallow a substantial write-down to get a deal with the banks that reduces Euro Disney debt to a manageable level.
But the plan was silent about permanent debt write-downs and the extent of longer-term debt service, leaving uncertainty over the island's future obligations — even though any realistic forecast of Puerto Rico's output implied that the island would need a substantial debt write-down.
Still, investors took heart from some comments about the outlook in China and a suggestion that there would be no further substantial write-downs.
Wallace notes that some businesses have done substantial write downs in the wake of the bill, which Liasson counters by pointing out that there's a larger share of the business community that could be rallied to support the bill.
Of course that raises the likelihood that Citi will have further substantial write-downs in the quarters ahead.
The Unisys Corporation, the computer company formed by the merger of the Burroughs and Sperry Corporations, said yesterday that it would take a write-down of between $250 million and $275 million, causing a "substantial" fourth-quarter loss.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com