Non-GAAP metrics help tell the story of a company’s performance. But is their increasing prevalence rendering the official earnings numbers less relevant?
Green Giant Not So Jolly for General Mills
$260 million asset impairment charge from produce business contributes to a 53% drop in fourth-quarter earnings.
RBS to Take $6B Goodwill Hit
Royal Bank of Scotland writes down the value of Citizens Financial in an admission it overpaid for the U.S. bank and subsequent bolt-on deals.