CHICAGO The price for shares of Morton’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 company’s reduction in market capitalization, it reviewed its carrying value for goodwill and other intangible assets, which typically refer to a company’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.

Why Register?

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?


Already registered? here.