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Article: Expect a surfeit of corporate red ink.
- Article from:
- Australasian Business Intelligence
- Article date:
- July 28, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Michael Smith
Jul 28, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Goldman Sachs JBWere recently listed up to 30 Australian companies it claimed were at risk of booking impairment charges on assets. Those companies included Asciano, which is carrying $A4bn in goodwill and intangibles. Alesco Corporation and Transfield Services announced impairment charges on 28 July 2009. Transfield's writedown is not expected to affect its ...