LONDON ― British oil giant Shell said on Friday that it plans writedowns of up to $2 billion for its second quarter due to a shelved biofuels project in the Netherlands. "Post-tax impairments of ...
Bart Narter, senior vice president of banking at the analyst and consulting group Celent says Wells stands out from the herd in terms of risk management and timely, strong-fisted writedowns.
Impala Platinum Holdings Ltd. posted a fiscal-year loss after a slump in metal prices prompted the South African miner to write down the value of its assets. The Johannesburg-based company known ...