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SoftBank says will not consolidate Sprint's $2 billion impairment charge

2015-02-05 19:56:19| Telecom - Topix.net

Japan's SoftBank Corp said on Thursday it would not recognise in its consolidated financial statements the $2.1 billion impairment charge made by its majority-owned U.S. telecoms network operator Sprint Corp , because of differing accounting standards. Earlier Sprint said the charge included a $1.9 billion reduction associated with the Sprint trade name and about $200 million reduction in the carrying value of its wireline network assets.

Tags: charge billion impairment consolidate

 

Sprint Takes $1.9 Billion Charge To Write Down Brand Name

2015-02-05 15:10:22| IT Services - Topix.net

Sprint Corp. wrote down the value of its brand name by $1.9 billion in its December quarter, helping drag the wireless carrier to a wider loss than a year ago. Still, Sprint lost fewer of the industry's most lucrative subscribers in the period.

Tags: name write brand charge

 
 

Sanofi profit soars on lower Lemtrada charge

2015-02-05 09:10:43| Biotech - Topix.net

Sanofi SA says its net profit soared 26.3 percent in the fourth quarter thanks to lower charges against Lemtrada, its multiple sclerosis treatment. The world's third-largest drugmaker by sales reported net profit of 1.34 billion in the period.

Tags: lower charge profit sanofi

 

Fitbit Charge HR

2015-02-04 23:02:48| PC Magazine: New Product Reviews

Reasonably priced for an all-day activity tracker with a continuous heart rate monitor, the Fitbit Charge HR looks sleek on the wrist. A slim profile make it truly wearable for people of all sizes. While it's not ideal for serious runners or exercise enthusiasts, it's a great fitness monitor powered by the ever-excellent Fitbit website and apps, which remain the best you'll find.

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Kraftwerk fuel cell will let you charge your phone with gas

2015-02-02 23:01:21| Extremetech

The Kraftwerk is a miniature fuel cell that runs on regular lighter gas and could keep your phone charged forever without relying on the electrical grid.

Tags: with phone charge cell

 

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