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 ...

In its fiscal third quarter ended January 31, 2026, AeroVironment reported US$408.05 million in revenue but a US$156.55 million net loss, driven largely by a US$151.31 million goodwill impairment, and ...

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 ...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Array Technologies (NasdaqGM:ARRY) recorded a significant goodwill impairment ...

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 ...

When a company purchases another, it often pays more than the net fair value of the target's assets and liabilities. This excess is recorded as goodwill, an intangible asset reflecting brand strength, ...

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 ...

VANCOUVER, BC, Jan. 8, 2026 /CNW/ - West Fraser Timber Co. Ltd. (WFG) announced today that it will record an impairment of its Lumber segment goodwill in the fourth quarter of 2025 due to persistently ...

(RTTNews) - Kion Group AG (KGX.DE), a German maker of materials handling equipment, announced on Wednesday that it expects goodwill impairment of around 22 million euros for the KION ITS Americas ...