Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens
Thyssenkrupp has written down the value of its steel division by another 1 billion euros ($1.06 billion), blaming the ...
Thyssenkrupp Takes $1 Billion Impairment on Steel Unit as Outlook Worsens
ESSEN, Germany (Reuters) -Thyssenkrupp took a fresh 1 billion euro ($1.06 billion) impairment on its struggling steel ...
Thyssenkrupp takes $1 bln impairment on steel unit
STORY: Thyssenkrupp took a fresh $1 billion impairment on its struggling steel division.The firm blamed the sector's ...
Germany's struggling Thyssenkrupp books $1 billion impairment charge as steel demand weakens
Thyssenkrupp said its net loss of 1.5 billion euros in the fiscal year ending Sept. 30 — after deducting minority interest — ...
Thyssenkrupp's steel division sees valuation slump as outlook remains gloomy
The unit has suffered from rocky economic conditions, fierce competition from Asian manufacturers, and a pressure to ...
Daily Sabah14h
Thyssenkrupp records $1B impairment on steel unit amid challenges
German industrial major Thyssenkrupp took a fresh 1-billion-euro ($1.06-billion) impairment on its struggling steel division, ...
Crisis-hit Thyssenkrupp Books Another Hefty Annual Loss
German industrial giant Thyssenkrupp reported Tuesday a massive annual loss for the second year running, as it battles ...
Business Times9h
Thyssenkrupp takes US$1 billion hit on steel unit as outlook darkens
Thyssenkrupp has written down the value of its steel division by another US$1.06 billion, blaming the sector’s worsening ...
Germany's Thyssenkrupp pops 8% after narrowing net loss and booking $1 billion impairment charge
Germany's Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as ...
Thyssenkrupp sees return to profit after quarterly net loss cut in half from year ago
Thyssenkrupp (TYEKF) (TKAMY) shares surge 12% as company expects to swing to profit, cut losses, and improve EBIT in current ...
Thyssenkrupp in €1bn writedown of steel business as demand slumps
The upheaval at Thyssenkrupp, which has since appointed new steel leadership, has unsettled German authorities. Berlin and local authorities have together pledged €2bn to support the company’s ...