Six companies could be set for writedowns, the WSJ reckons, as they are carrying more goodwill...

|By:, SA News Editor

Six companies could be set for writedowns, the WSJ reckons, as they are carrying more goodwill than they are worth. Eg, Nasdaq's (NDAQ) market cap is $3.9B but it has goodwill of $5.1B following its 2008 purchase of OMX for $4.4B. The other companies include Frontier Communications (FTR) and Republic Services (RSG).