#Take the writedown update

This process is referred to as a credit card. The bondholders of Phones 4U Ltd., the BC Partners-backed retailer that went into administration this week, say they intend to take a 'significant write-down' in an effort to make the business viable. In a news release Monday, Eldorado estimated 2015 gold production at 723,532 ounces, more than expected, at an average cash cost of $841 per ounce. If you fail to make payments on your credit card, the credit card company may declare your debt uncollectable. Its Hellas Gold unit is fighting in court to get the go-ahead on projects.Ĭonstruction and development activities at the Skouries Project which includes a processing plant have been suspended and the company says it will suspend its Olympias mining project unless it receives approvals by March.

'Looking at Eldorado's long-term plan, the company remains committed to its portfolio of Greek assets and the realizable benefits to all of the stakeholders involved,' he said in a statement. Greek government halts production at Canadian-owned gold mineĮldorado Gold CEO Paul Wright said the company would like to continue development on the site.

Eldorado Gold suspends all mining work in northern Greece.

Q3 revenue of $1.74B increased 164% Y/Y, missing the average analyst estimate of $2.02B.Eldorado Gold is taking a writedown of $1.2 to $1.6 billion in 2015 on its Greek assets, after being forced to slow production and development at mines in that country.Ī government decision revoked a mining permit on environmental concerns prompting a political standoff between local miners who want to work and environmentalists who are concerned about the project.

Total adjusted EBITDA loss of $168.7M compares with positive adjusted EBITDA of $152.2M a year ago.

#Take the writedown update

Update at 4:23 PM ET: The company's Q3 net loss of $328M compares with net income of $39.6M in the year-ago quarter.said Monday that it evaluated the useful lives of certain of its aircraft fleet types in anticipation of. SEB to take 5.9 bln SEK writedown in Q1 By Reuters Staff 1 Min Read STOCKHOLM, March 29 (Reuters) - Swedish banking group SEB will take a 5.9 billion Swedish crown (715 million) writedown in the. Taking good notes in class is an important part of academic success in. AMR To Take 713M Charge To Write Down Some Aircraft. telephone for business use would lower the taxable income to 49,900. Earlier, Pretium Partners piles into home-flipping finance as Zillow hits pause on flipping. Do you sometimes struggle to determine what to write down during lectures. A write-off is a reduction of the recognized value of something.Taxpayers can also use write-offs to reduce their personal taxable. 'We've determined the unpredictability in forecasting home prices far exceeds what we anticipated and continuing to scale Zillow Offers would result in too much earnings and balance-sheet volatility,' said Zillow Group ( ZG) co-founder and CEO Rich Barton. A write-down is performed in accounting to reduce the value of an asset to offset a. In order to obtain the seminvari ants we would write down the (w 0, n) terms each associated with a literal coefficient if we now operate with 52 we obtain a linear function of (w - I 8, n) products, for the vanishing of which the literal coefficients must satisfy (w-I 0, n) linear equations hence (w 8, n)-(w-I 0, n) of these coefficients may be assumed arbitrarily, and the number of linearly independent solutions of 52o, of the given degree and weight, is precisely (w 8, n) - (w.Rival Opendoor Technologies (NASDAQ: OPEN) gains 4.7% in after-hours trading, after declining 15% during the regular hours session.Every time you make an entry in the inventory write-off expense account. Zillow's ( ZG) stock falls 3.8% in after-hours trading. Inventory write-off refers to the accounting process of reducing the value of. The wind-down is expected to take several quarters and will include a reduction of Zillow's workforce by ~25%.And it expects to take an additional $240M-$265M of losses in Q4. in Quebec until prices improve and take a C630 million (410 million) fourth-quarter charge. The company's Q3 results include a $304M writedown of inventory as a result of purchasing homes in Q3 at higher prices than its current estimates of future selling prices. UPDATE 3-Noranda closes magnesium plant, takes writedown.Zillow (NASDAQ: Z) (NASDAQ: ZG) plans to wind down its Zillow Offers iBuying Service after the real-estate fintech decided forecasting home prices is too unpredictable.