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Financial Performance
Exxon Posts $680M Loss as Oil Slump Continues
The company disclosed that further capital spending cuts and possible writedowns of assets are ahead as it battles the pandemic-induced oil bust.
By
Matthew Heller
| October 30, 2020
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writedowns
Financial Performance
Exxon Posts $680M Loss as Oil Slump Continues
The company disclosed that further capital spending cuts and possible writedowns of assets are ahead as it battles the pandemic-induced oil bust.
By
Matthew Heller
| October 30, 2020
Read More
Working Capital
FASB Eyes Big Changes in Inventory Disclosure
Companies would have to disclose the makeup of their inventory and the reasons for unusual changes in it.
By
David Katz
| February 15, 2017
Read More
Turnarounds
Credit Suisse to Slash 2,000 Jobs in Trading Unit
The layoffs are part of a major strategic revamp of the bank aimed at reducing its dependence on investment banking.
By
Matthew Heller
| March 23, 2016
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