Seeking Alpha

Walter Energy (WLT) says Q3 earnings will include a goodwill impairment charge of as much as...

Walter Energy (WLT) says Q3 earnings will include a goodwill impairment charge of as much as $1.1B as a result of changes in the global outlook for met coal and recent weakness in worldwide demand. WLT +2.2% premarket.
From other sites
Comments (2)
  • FATUGLY
    , contributor
    Comments (44) | Send Message
     
    Can somebody tell me what an "impairment charge" means..
    26 Oct 2012, 03:44 PM Reply Like
  • lupoab
    , contributor
    Comments (5) | Send Message
     
    look at ""wikinvest for a clear explanation
    26 Oct 2012, 05:24 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs