Invesco reports fourth-quarter loss on impairment charge, lower fees
(Reuters) – Asset manager Invesco on Tuesday, reported a loss in the fourth quarter compared to a profit last year, hurt by lower fees and a non-cash asset impairment charge of $1.2…
Australia’s Downer EDI sees $253 million annual loss on impairment charge, shares slip
By Navya Mittal (Reuters) – Australian contractor Downer EDI said on Thursday it expected to record a statutory net loss after tax of about A$386 million ($252.52 million) for fiscal 2023 on…
Star Entertainment shares extend fall on impairment charge warning
By Savyata Mishra (Reuters) – Shares of Star Entertainment Group fell to a record on Tuesday, extending losses after the Australian firm warned of an up to A$1.6 billion ($1.11 billion) hit…
Lessor SMBC takes $1.6 billion impairment on aircraft in Russia
DUBLIN – Aircraft lessor SMBC Aviation Capital on Friday recorded an impairment of $1.6 billion to cover the full financial impact of having 34 jets stuck in Russia after European Union sanctions…
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