CHICAGO The price for shares of Mortonâ€™s Restaurant Group Inc. fell to an annual low Thursday after the steakhouse company reported that slowed sales and a large impairment charge against corporate assets had led to a deeper net loss for the third quarter. Because of current market conditions and the companyâ€™s reduction in market capitalization, it reviewed its carrying value for goodwill and other intangible assets, which typically refer to a companyâ€™s brand, intellectual property ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com