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U.S. regulators are looking hard at banks' expected future tax benefits and the result for some financial institutions could be more writedowns. Any charges are much more likely to hurt regional and community banks, than the largest U.S. lenders, who...
Tags: tax assets, deferred tax, U.S, San Francisco, Subprime mortgage crisis, Troubled Asset Relief Program, Capital requirement, Bank, Federal Reserve System, Finance, Generally Accepted Accounting Principles, Financial markets, Business Finance
Euronext said Friday its net income plunged 28 percent in the third quarter as it cut prices in a bid to counter falling trading volume. Euronext, the New York headquartered company that runs the New York Stock Exchange as well as bourses in Paris, Amsterdam...
Tags: NYSE Euronext, Citigroup, New York Stock Exchange, deferred tax, Reuters, net income, tax assets, Liffe U.S
a leading U.S. homebuilder, announced today that it has taken a number of steps designed to preserve the long term value to the Company of certain tax assets primarily associated with net operating loss carryforwards ("NOLs") and built in losses under...
Tags: certain tax, operating loss, tax assets
From Staff Reports Floorcovering sales for Calhoun-based Mohawk Industries continue to fall this year as the company has laid off workers, closed plants and increased prices in hopes of counteracting the slowing global economy.
Tags: Mohawk Industries, Cimarex, tax assets