Navigation Links
Sunrise Reports Preliminary Selected Financial and Operating Data for Fourth-Quarter 2007
Date:3/3/2008

a result of a review of the goodwill

related to the Company's hospice business acquired in 2006, Trinity

Hospice, Inc. ("Trinity"), the Company expects to record a material

impairment loss in 2007 relating to its investment in Trinity. The

amount of the impairment loss has not yet been determined, but is

expected to be material. At December 31, 2007, the goodwill and

intangible assets related to the acquisition of Trinity totaled

approximately $69 million.

-- Senior Living Condominium Developments. As disclosed in the Company's

press release dated November 9, 2007, Sunrise expects to record a loss

of approximately $23 million due to a commitment to fund actual project

costs in excess of budgeted project costs. During 2007, Sunrise expects

to record an additional loss of $7 million due to an increase in the

budgeted project costs. Sunrise plans to seek reimbursement for some

of these overages. However, there can be no assurance that Sunrise will

be reimbursed for any of these overages. As also disclosed in the

Company's press release dated November 9, 2007, the Company expects to

record pre-tax charges totaling approximately $21 million to write off

capitalized development costs for four discontinued condominium

projects.

-- Legal and Accounting Fees Related to Accounting Review, Special

Independent Committee Investigation and Related Matters. During 2006,

the Company incurred approximately $3 million for legal and accounting

fees related to its accounting restatement. During 2007, the Company

incurred legal and accounting fees of approximately $42 million related

to the accounting restatement, the Special Independent Committee

investigation, the SEC investigation and responding to various

shareholder actions.

The anticipa
'/>"/>

SOURCE Sunrise Senior Living, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Related medicine news :

1. Sunrise Announces Release Date for Fourth-Quarter Preliminary Selected Financial and Operating Data
2. Sunrise to Unveil New Residence for Seniors at Clayton on the Park
3. Eclipsys Announces Strong Market Momentum for Sunrise Pharmacy
4. Eclipsys Sunrise Radiology Helps Trinitas Hospital Achieve Financial Outcome Improvements
5. Sunrise Senior Living Opens First Custom-Built Community for Early, Mid and Late Stage Alzheimers Care Programs
6. Sunrise Reports Preliminary Selected Financial and Operating Data for Third-Quarter 2007
7. Eclipsys Sunrise Acute Care Receives CCHIT Certification
8. Sunrise Settles Litigation Regarding Its 2007 Annual Meeting
9. SingHealth Selects Eclipsys Solutions to Help Improve Clinical Outcomes, First Sunrise Clinical Manager Client Outside of North America
10. Sunrise Provides Status Report on Special Independent Committee Investigation; Provides Updates on Managements Internal Control Review Efforts and on Legal Proceedings
11. The Quigley Corporation Reports Fourth Quarter & 2007 Annual Results; Increases Investment to $6.5 million in Pharmaceutical R&D in 2007
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/13/2014)... BC (PRWEB) July 13, 2014 Victorian ... excitement by promoting the rental of bikes for its ... historic downtown Victorian Hotel to tour the area using ... plus tax. Bicycle enthusiasts love to call Vancouver home, ... options for cycle travel and picturesque journeys through the ...
(Date:7/13/2014)... July 13, 2014 Fuel additives are ... gasoline, diesel, jet fuel, kerosene, and so on, in ... responsible for reducing the corrosion effects caused by fuels ... added to any fuel, provide economies of scale in ... escalate the overall cost of the fuel products. , ...
(Date:7/13/2014)... The Pearland, Texas location of The Little Gym, a ... to 12 years of age that offers everything from gymnastics, ... Summer Camps, is now under new ownership. , Kevin Berry ... spending over six years at The Little Gym of Bellaire ... Berry has over ten years of experience working with children, ...
(Date:7/13/2014)... July 13, 2014 Recently, MyDressCity.com, one ... women’s special occasion outfits, has released its new range ... the new products are available at discounted prices. Worldwide ... 2014. , In the company’s online shop, there ... of them are made with great materials. MyDressCity.com’s hot ...
(Date:7/13/2014)... Seattle, WA (PRWEB) July 13, 2014 According ... Vkool.com, this is a step by step guide on what ... impairment easily and quickly. Vkool writes in its review ... what foods to eat to revitalize their kidney health. Vkool ... book can help people reverse their damaged kidney functions naturally. ...
Breaking Medicine News(10 mins):Health News:Victorian Hotel Creates Excitement by Adding "Cycle the City" Bike Rentals for Its Vancouver Hotel Rooms 2Health News:North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017 - New Report by MicroMarket Monitor 2Health News:North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017 - New Report by MicroMarket Monitor 3Health News:North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017 - New Report by MicroMarket Monitor 4Health News:The Little Gym of Pearland, TX Now Under New Ownership and Management 2Health News:Cheap Elegant Quinceanera Dresses Unveiled by MyDressCity.com 2Health News:Kidney Disease Solution Book Review Exposes Duncan Capicchiano's Newly Updated Kidney Disease Treatment Plan – Vkool.com 2Health News:Kidney Disease Solution Book Review Exposes Duncan Capicchiano's Newly Updated Kidney Disease Treatment Plan – Vkool.com 3
... HealthDay Reporter , MONDAY, Oct. 11 (HealthDay News) -- ... study involving human embryonic stem cells has been injected ... The patient, being cared for at the Shepherd Center ... injury. The center specializes in treating these types of ...
... outreach program staffed by current and former sex workers ... drug treatment among women in street-based sex work, according ... Excellence in HIV/AIDS (BC-CfE) and the University of British ... peer-reviewed medical journal Drug and Alcohol Dependence, ...
... cancer can lead some people to wonder if their risk ... than 85,000 postmenopausal women observed that regular physical activity, maintaining ... risk for women with, and without a family history of ... published online Oct. 12, 2010, by the journal Breast ...
... cancer who experience pain or depression also have a ... mouth and nausea, according to a report in the ... , one of the JAMA/Archives journals. Having many ... patients in primary care settings and those with chronic ...
... by the body becomes less effective in reducing blood ... risk of stroke in individuals without diabetes, according to ... of Neurology , one of the JAMA/Archives journals. ... sedentary lifestyle and obesity, according to background information in ...
... (AMD)including an intravitreous (into the eye) injection of a ... for use against the eye diseasedo not appear to ... or death when compared with existing therapies, according to ... of Ophthalmology , one of the JAMA/Archives journals. ...
Cached Medicine News:Health News:First Patient Treated in U.S.-Approved Embryonic Stem Cell Trial 2Health News:First Patient Treated in U.S.-Approved Embryonic Stem Cell Trial 3Health News:Peer-based outreach services for sex workers assist entry into detox and drug treatment 2Health News:Peer-based outreach services for sex workers assist entry into detox and drug treatment 3Health News:Breast-healthy lifestyle worthwhile, URMC study confirms 2Health News:Physical symptoms common, disabling among patients with cancer and pain or depression 2Health News:Insulin resistance may be associated with stroke risk 2Health News:Insulin resistance may be associated with stroke risk 3Health News:Certain new therapies for age-related eye disease do not appear to increase heart risks 2
(Date:7/10/2014)... 10, 2014  RESMED INC. (NYSE: RMD ) ... fiscal year ended June 30, 2014 results on Thursday, July ... A press release with ResMed,s results will be issued after ... a webcast to discuss operating results and future outlook. ... p.m. US Pacific Time and the live webcast of the ...
(Date:7/10/2014)... , July 10, 2014  Decision Resources ... surveyed infectious disease (ID) specialists are willing to ... Orbactiv (oritavancin) for use as OPAT, approximately two-thirds ... these agents to their hospital inpatients. However, our ... OPAT patients are initiated on OPAT following hospital ...
(Date:1/15/2014)... -- ChinaMarketResearchReports.com adds "China Orthopedic Instrument Industry Report, 2013-2015" ... (Photo: http://photos.prnewswire.com/prnh/20140115/MN46792 ) Benefiting from aging ... China,s orthopedic instrument industry has seen rapid ... from 3.28 billion yuan in 2006 to 9.85 billion ...
Breaking Medicine Technology:ResMed To Announce Fourth Quarter And Fiscal Year-End 2014 Results 2Long-Acting Antibiotics Offering Once-Weekly Dosing Will See Favorable Uptake and Use as Outpatient Parenteral Antimicrobial Therapy (OPAT) 2Long-Acting Antibiotics Offering Once-Weekly Dosing Will See Favorable Uptake and Use as Outpatient Parenteral Antimicrobial Therapy (OPAT) 3Orthopedic Instrument Industry in China Markets Forecast to 2015 2Orthopedic Instrument Industry in China Markets Forecast to 2015 3
... DecisionView Inc., a leading provider of software ... sciences companies, today announced the release of StudyOptimizer ... solution for patient enrollment planning, tracking and forecasting. ... site performance and cost projections, StudyOptimizer 4.3 significantly ...
... Mich., July 19, 2011 Terumo Heart, Inc., a ... a patient implanted with the DuraHeart™ Left Ventricular Assist ... the mechanical circulatory support device.  Helga Gieseke, living in ... German Heart Institute Berlin) and is now one of ...
Cached Medicine Technology:DecisionView StudyOptimizer 4.3™ Enhances Market-Leading Enrollment Optimization Solution With Greater Visibility Into Site Performance and Cost Forecasting 2DecisionView StudyOptimizer 4.3™ Enhances Market-Leading Enrollment Optimization Solution With Greater Visibility Into Site Performance and Cost Forecasting 3German Patient Surpasses 5 Years of Support on DuraHeart™ Left Ventricular Assist Device 2German Patient Surpasses 5 Years of Support on DuraHeart™ Left Ventricular Assist Device 3
The Tag-It™ Cystic Fibrosis ASR reagents can be used by high complexity CLIA approved laboratories for detection of up to 70 mutations and 6 variants (polymorphisms) in the cystic fibrosis tran...
Paraffin Block Storage System...
The Modular Storage Drawers provide permanent storage and identification of up to 165 embedding rings or 250 cassettes per drawer....
Improving on the technology that the world has come to expect from the original SHUR/Mark® Cassette and Slide Labelers, SHUR/Mark® PLUS offers many added enhancements....
Medicine Products: