Gillette earnings
This article was originally published in The Rose Sheet
Executive Summary
Consumer products firm will record charge of approximately $170 mil. pre-tax and $130 mil. after-tax in the fourth quarter for "impaired assets" relating to company's batteries business, Gillette says Dec. 13. Charge will cover write-down of goodwill, intangibles and related "long-lived" assets of battery brands in international markets," firm adds...
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