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Wave of Australian LNG write-downs looms amid oil slump

2015-02-04 15:17:43| Energy - Topix.net

The seven-month oil rout threatens to erode the returns of local LNG producers, whose contracts with Asian buyers are linked to crude. Photo: Michele Mossop BG Group's move to write down the value of its Australian assets after the slide in oil prices may kick off a wave of impairments in the country's natural gas export industry.

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Wave of Australian LNG write-downs looms amid oil slump

2015-02-04 07:39:12| Oil & Gas - Topix.net

The seven-month oil rout threatens to erode the returns of local LNG producers, whose contracts with Asian buyers are linked to crude. Photo: Michele Mossop BG Group's move to write down the value of its Australian assets after the slide in oil prices may kick off a wave of impairments in the country's natural gas export industry.

Tags: oil wave australian lng

 
 

Write-downs push J Crew to Q3 loss

2014-12-05 13:01:00| Daily apparel & textile news and comment - from just-style.com

US fashion retailer J Crew Group has moved to a net loss in third-quarter thanks to write-downs on the value of its retail store operations and non-cash impairment charges.

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J. Crew Swings to Loss on Write-Downs

2014-12-05 10:15:32| Apparel - Topix.net

J. Crew Group Inc. swung to a loss in the third quarter as the privately held retailer wrote down the value of its retail-store operations and posted other related charges. J. Crew, which started in 1983 when it mailed its first catalog, is trying to broaden its customer base by launching a new company, J. Crew Mercantile, that would price clothing and other merchandise higher than the retailer's outlet stores but lower than its full-line stores, The Wall Street Journal has reported, citing people familiar with the operations.

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Merck expects no writedowns for Zetia, Vytorin cholesterol drugs

2014-11-11 04:01:13| Biotech - Topix.net

Merck & Co on Monday said long-awaited data from an 18,000-patient trial suggest the company will not have to write down the value of its blockbuster Zetia and Vytorin cholesterol drugs. "The company has determined that the Zetia and Vytorin intangible assets are not impaired," the No.

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