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The write-downs, or non-cash charges, were required by new accounting rules on goodwill assets.In a separate announcement, Vice Chairman Ted Turner announced he will resign in May.During a conference call Wednesday, AOL Time Warner officials surprised shareholders by announcing a larger-than-expected fourth quarter loss of $45.5 billion, primarily due to stanley cup a $35 billion write-down of its AOL division and another $10 billion charge for its cable division. The write-downs, or non-cash charges, were required by new accounting rules on goodwill assets.AOL Time Warner Chief Executive Richard Parsons said during the call that the mark-down would not affect the company ongoing operations.The loss comes on the heels of a $54 billion charge taken in the first quarter, bringing stanley cup to total an annual loss of $98.7 billion, the largest ever recorded by a U.S. company.Parsons attributed the disappointing financial results to the new accounting rules, the overall weakness of the advertising industry, and the depreciating value of America Online and its Internet and cable businesses. Parsons underscored the impressive stanley cup performance of AOL Time Warner traditional and entertainment businesses, specifically referring to the Turner cable networks and its movie division, New Line Cinemas.While Parsons conceded that AOL scored poor financial marks, he optimistically reminded shareholders that America Online subscriber pool increased this year to 26 million, three ti Rusq Iran plans to execute man convicted of spying for CIA
脵艩脴搂 脴卢脵鈥γ樎樎姑樎?脴搂脵鈥灻樎欌犆櫯犆樎?脵鈥犆樎裁欌灻樎?脴陋脵鈥灻欌灻欌灻欌灻欌灻欌灻欌灻欌灻欌灻樎?脵藛脴搂脵鈥灻樎欌犆櫯犆樎?脵鈥灻櫵喢欌犆欌∶樎?脴搂脴篓脵艩脴露!!!! pic.twitter/c516QItkClmdash; Maha Salem @MihooSalem December 13, 2013A winter storm moving through the Middle East since Wednesday has shut down in Jerusalem, blanketed Egypt suburbs and ports with rare snow and brought freezing temperatures and heavy rain to camps housing more than two million refugees in Syria. The Los Angeles Times reports that nearly three feet of snow closed down roads in Jerusalem on Friday and left thousands without power. Israeli soldiers have rescued hundreds snowed in their cars. Palestinian children play in the snow in front of the Dome of the Rock at the Al-Sqsa mosque in Jerusalem, by jordan @AFP pic.twitter/OKy0L8QtQlmdash; Yahoo News @YahooNews December 13, 2013The storm, called Alexa, has compounded the hardship for millions of Syrians who had fled the civil war in their homeland. Reuters reports that aid agencies are working to evacuate refugees from flooded camps in Lebanon and Jordan and distribute food and shelter, but are falling short of the demand. The BBC also reports that the bad weather has prevented the UN from airlifting supplies to areas inside Syria. A storm like this creates immense additional hardship stanley cup suffering the snow sets in for Syria 39;ns in Bekaa Valley pic.twitter/NZn2 yeezy BgquGCmdash; UN Refugee Agency @Refugees December 13, 2013Local Eqyptian reports said Cairo hasn ;t seen snow in |
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