Ford Motor Company has sold a majority of its Rivian shares, according to regulatory filings. Ford’s stake in the electric vehicle maker, which has been dropping steadily since May 2022, is now ...
Tag: WriteDown
AMC Networks Takes Massive Programming Write-Down As Streaming Doesn’t Grow Fast Enough
TPhotographer: Andrew Harrer/Bloomberg © 2018 Bloomberg Finance LP Following the news on September 29 that the CEO & COO of AMC Networks Christina Spade would step down after just three months on ...
Cboe reports $460 million write-down on ErisX acquisition
During its second-quarter earnings call on Friday, exchange operator Cboe reported a $460 million write-down on its recent purchase of ErisX, a crypto asset exchange acquired by the firm in May to hel...
Tesla Expected to Report $440 Million Writedown on Its Bitcoin Holdings
Alex Dovbnya Tesla reported that it held roughly $2 billion worth of Bitcoin back in November E-car maker Tesla is likely to report an impairment loss of roughly $440 million in its upcoming quarterly...