While investors have griped about Google's unconventional actions in the past, such as its refusal to provide earnings forecasts, its appreciating stock price had muted most of the discord. But with shares well off highs, some analysts say Wall Street may be less willing to give Google a pass this time.
appreciate (INCREASE) Show phonetics
to increase in value:
The value of our house has appreciated by 50% in the last two years.
Our house has appreciated (in value) by 50% in the last two years.
NOTE: The opposite is depreciate.
appreciation Show phonetics
There has been little appreciation (= increase) in the value of property recently.
depreciate Show phonetics
verb [I or T]
to (cause something to) lose value, especially over time:
Our car depreciated (by) £1500 in the first year we owned it.
Since they set up a builder's yard next door, our house has depreciated in value.
Compare appreciate (INCREASE).
depreciation Show phonetics
when something loses value
1. Set down in writing, record, as in Please write down your new address and phone number. [Late 1500s]
2. Reduce in rank, value, or price, as in They've written down their assets. [Late 1800s]
3. Write in a simple or condescending style, as in These science texts are written down for high-school students. [Second half of 1800s]
- A lowering in price or value: depreciation, devaluation, markdown, reduction. Seeincrease/decrease, money.
n. - 資產帳面價值的減低
write down 分かりやすく書く; 書き留める; （紙上で）…ときめつける ((as)); （資産などの）帳簿価格を切下げる.
Merrill Lynch early Wednesday said it took $7.9 billion in write-downs at its fixed-income unit during the third quarter, significantly more than the $5 billion worth it had already announced.
Many of the markdowns were across complex debt instruments called collateralized debt obligations, whose value has fallen in recent months as credit markets have been hit by a collapse in the subprime mortgage market. Merrill's enormous write-down contributed to a net loss from continuing operations of $2.3 billion in the quarter ended Sept. 28, the firm said.
Coming so soon after the company's $5 billion charge, the additional write-down may raise more questions about the leadership of E. Stanley O'Neal, Merrill's chief executive, and the ability of his top executives to assess the firm's risk exposure.
In July, after the firm reported second-quarter earnings, Mr. O'Neal sent a memo to employees reassuring them that the bank's risk management was strong. "We get paid to manage risk and operate in markets during ups and downs," the memo said. "This time is no different."
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Correction: Tuesday's DealBook e-mail included a reference to an article that incorrectly reported that Carlyle Group had formed a $1 billion fund with Apollo Management, the private equity firm. Carlyle has formed a $1 billion joint venture with Apollo Group, the education company, to invest in the international education services sector. A link to the press release is below.
Go to Press Release from Apollo Group»