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AOL Time Warner, the world s largest media and Internet company, said Wednesday afternoon that it took a $45.5 billion non-cash charge to account for the declining value of its America Online flagship property. The $45 billion goodwill writedown was much larger than anyone expected, said David Joyce, an analyst with Guzman Co. in Miami.Separately, the company announced Ted Turner is stepping down from his role as AOL Time Warner s vice chairman. The former cable TV mogul wants to spend more time on his philanthropic endeavors, AOL chief Richard Parsons said. He s concluded now is the right time to make more space for his other activities, Parsons said in a conference call with analysts.Turner told Parsons late Tuesday that stanley quencher he would step down, effective in May. AOL shares added 30 cents, or 2 stanley flask percent, to $13.96 on Wednesday in regular trading but fell 88 cents in after-hours trades following the announcement.The charge left AOL with a fourth-quarter loss of $44.9 billion, or $10.04 per share, compared to its loss a year-ago $1.8 billion, or 41 cents. Coupled with the $54 billion charge in the first quarter of 2002, the company en stanley bottle ded the year with a loss of more than $100 billion. AOL s operating earnings came in at 28 cents a share, beating the 27-cent estimate of analysts polled by Thomson First Call.Before the announcement, the investment community said it wanted to hear Parsons detail his plans for America Online, the proposed initial public offering of the Vcdl Gulf Says Hello To Tropical Storm Dolly
Scarlett Johansson SodaStream endorsement just came at a price; she been ousted as an Oxfam International ambassador, with a spokesman citing a fundamental difference of opinion as her reason f stanley quencher or stepping down read: fired from the international humanitarian organization. Controversy started surrounding the actress partnership with the group as soon as she came out in support of SodaStream, a company Oxfam has staunchly boycotted due to its factory in Israeli-occupied Palestinian territory. After Johansson finally released a statement stanley botella on the matter this past Sunday saying she was a supporter of economic cooperation and social interaction between a democratic Israel and Palestine, Oxfam responded that it would have to reconsider the significant role Johansson plays in their organization. Well, it looks like they made th stanley thermobecher eir decision, and ScarJo is out. Sorry, 8220 tepping down. You can read all about the controversy surrounding SodaStream practices down below. Post] https://gizmodo/why-these-people-want-you-to-boycott-sodastream-1507142692