Darden Restaurants Inc. set itself apart in late 2008 by not doing something many of its competitors were forced to do—namely, taking goodwill impairment charges. The casual-dining company, based in ...

Many companies are not making use of an optional, qualitative goodwill impairment test FASB recently introduced to enable less burdensome financial reporting, a new survey report shows. Just 29% of ...

Goodwill impairment testing has been a challenging area for many financial statement preparers since the issuance in 2001 of FASB Accounting Standards Codification (ASC) Subtopic 350-20 (formerly FASB ...

West Fraser Timber has announced that it will record an impairment of its lumber segment goodwill in the fourth quarter of 2025 due to persistently challenging economic conditions. The company is also ...

Last week, the SEC announced settled charges against United Parcel Service Inc. for failing to take an appropriate goodwill impairment charge for a poorly performing business unit, thus materially ...

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty for materially misrepresenting its earnings by improperly ...

Goodwill in business is an intangible asset that's recorded when one company is purchased by another. It's the portion of the purchase price that's higher than the sum of the net fair value of all of ...

Concentrix swung to a loss in its fiscal fourth quarter, hurt by a large impairment charge, despite logging higher revenue. Shares fell 7.6% to $37.40 in premarket trading Tuesday, after the company ...

Detailed price information for Concentrix Corp (CNXC-Q) from The Globe and Mail including charting and trades.