South32 shares plummet 12.57% after announcing a $818 impairment on two projects. Environmental conditions and the troubling nickel market lead to significant operational challenges. Ready to turn the ...

When a company purchases another, it often pays more than the net fair value of the target's assets and liabilities. This excess is recorded as goodwill, an intangible asset reflecting brand strength, ...

Bioceres Crop Solutions Corp. (NASDAQ:BIOX) reported a $179 million impairment charge after its Pro Farm assets were ...

Chevron flagged on Tuesday that it would take an up to $4 billion impairment in the fourth-quarter results, due to impairments to U.S. upstream assets in California and the Gulf of Mexico. The ...

Ingevity Corporation reported past fourth-quarter 2025 sales of US$255.1 million, a net loss of US$84.6 million driven by a US$109.3 million long‑lived asset impairment, and full‑year 2025 sales of ...

Shares close at 2 month-low Expects total impairment charge of $1.5 bln in FY23 Flags impairment charge for both Shenzi and Wheatstone projects Feb 15 (Reuters) - Woodside Energy (WDS.AX), opens new ...

SAO PAULO/RIO DE JANEIRO, Feb 12 (Reuters) - Brazilian miner Vale on Thursday reported that its fourth-quarter net loss widened versus the same period of 2024, citing an impairment of nickel assets in ...

(RTTNews) - Transocean Ltd. (RIG) announced Tuesday that a subsidiary of the Company entered into agreements with a third party to sell the Development Driller III and associated assets for $195 ...

KYOTO, Japan--(BUSINESS WIRE)-- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) announces the Company recorded provisions for loss on contract and impairment losses on non-financial ...

Asset management is an integral part of accounting basics that deals with the monitoring and maintenance of valuable items owned by an individual or an entity. Assets contribute significantly to the ...