New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 10, 2012
16:05 EDTDMDolan Co. sees Q3 non-cash, pre-tax charge of $165M
This restructuring of the NDeX Florida operations is considered a triggering event under GAAP and the company has been required to assess whether the goodwill of its NDeX reporting unit has been impaired. Given the current depressed operating results of the mortgage default processing industry, the company has determined that certain of the finite-lived intangible assets of NDeX as well as the goodwill have been impaired. Accordingly, the company plans to record a non-cash, pre-tax charge for impairment of these assets of up to $165M in the third quarter. The company noted that its third quarter revenue and Adjusted EBITDA results from continuing operations, excluding non-recurring, non-cash charges, are expected to be modestly above the current analysts' estimates for the third quarter. Results were mostly affected by strength in the company's e-discovery business.
News For DM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 23, 2015
15:45 EDTDMDominion Midstream declares first distribution of 13.89c per unit
The board of Dominion Midstream Partners has declared a Q4 cash distribution of 13.89c per unit. This is Dominion Midstream's first declared distribution, prorated for the partial quarter following the closing of the partnership's initial public offering on October 20, 2014. It corresponds to the minimum quarterly distribution of 17.5c per unit, or 70c per unit annually. Distributions are payable on February 13 to unit holders of record at the close of business February 3.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use