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Tuesday, Jan. 17, 2017
A goodwill impairment?? Huh?Posted Wednesday, April 1, 2009, at 9:21 AM
I am going to show my ignorance here but what the heck is a "goodwill impairment"? The end result does not sound too goodwill to me so.......
Here is an example: "Macy's, Inc. today announced that it has recorded an estimated pre-tax goodwill impairment charge of approximately $5.4 billion ($5.1 billion after tax or $12.07 per diluted share) in 2008."
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Steve Mills and his wife have one daughter. They previously owned two coffee/ice cream shops, currently operate an internet sales company and teach classes, but his primary job involves the paper industry worldwide. Hobbies and interests lie in gardening, photography, recorded music and of course, their pets.
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