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:9/21/2014)... 21, 2014 Hundreds of Risperdal ... in Pennsylvania’s Philadelphia Court of Common Pleas, Bernstein ... proceeding’s next monthly meeting has been scheduled for ... , “Our Firm is representing a number of ... litigation. We are pleased with its continued progress,” ...
(Date:9/21/2014)... 2014 (HealthDay News) -- Young women starting college understand ... foods they should eat. But they aren,t confident they ... to a new study. The study involved ... Illinois,s Peer Education Exercising and Eating Right program. The ... choose to eat if they were very busy with ...
(Date:9/21/2014)... 2014 Discount-Dress.com, a company ... recently announced its decision to implement a new shopping ... for ladies across the world. Furthermore, the company has ... ladies. , The new items come in fashionable ... prices, up to 56 percent off. "We are happy ...
(Date:9/21/2014)... Dallas, TX (PRWEB) September 21, 2014 ... and Chinese Fenofibrate (CAS 49562-28-9) Industry, 2009-2019 ... on Global and Chinese Fenofibrate (CAS 49562-28-9) ... information of Fenofibrate (CAS 49562-28-9) including its ... explores global and China’s top manufacturers of ...
(Date:9/21/2014)... (PRWEB) September 21, 2014 High in ... teams of disabled and able-bodied athletes rafted the Colorado ... a ropes course in pursuit of outdoor adventure. At ... national non-profit World T.E.A.M. Sports, disabilities proved to be ... successfully completed the three stage event. , Each participating ...
Breaking Medicine News(10 mins):Health News:Risperdal Lawsuits Move Forward in Pennsylvania Litigation, As Court Schedules October Meeting, Bernstein Liebhard LLP Reports 2Health News:Risperdal Lawsuits Move Forward in Pennsylvania Litigation, As Court Schedules October Meeting, Bernstein Liebhard LLP Reports 3Health News:Risperdal Lawsuits Move Forward in Pennsylvania Litigation, As Court Schedules October Meeting, Bernstein Liebhard LLP Reports 4Health News: College Women Can Use Food Strategies, Study Finds 2Health News:Discount-Dress.com Implements A New Shopping Cart Software And Provides New Beach Wedding Dresses 2Health News:Fenofibrate Industry Global and Chinese Analysis for 2014-2019 Now Available at LifeScienceIndustryResearch.com 2Health News:Fenofibrate Industry Global and Chinese Analysis for 2014-2019 Now Available at LifeScienceIndustryResearch.com 3Health News:Fenofibrate Industry Global and Chinese Analysis for 2014-2019 Now Available at LifeScienceIndustryResearch.com 4Health News:Disabled Athletes Excel at World T.E.A.M. Sports’ Adventure Team Challenge 2Health News:Disabled Athletes Excel at World T.E.A.M. Sports’ Adventure Team Challenge 3
... LLC has joined the effort to help relieve ... of Cyclone Nargis. Special donation kiosks,have been developed ... the,virtual world of Second Life, with coordination being ... island,( http://slurl.com/secondlife/Simuality/106/83/41 )., In addition, links to ...
... Coalition for Iraq and Afghanistan Veterans Gather in Virginia ... Organizations, CHANTILLY, Va., May 9 As the ... death toll climbs above 4,000 and,casualty numbers approach the ... organizations on the homefront have organized to help,bereaved families ...
... disease-resistant gene wards off fusarium wilt on leaves , , ... to helping tomatoes fight a fungus that causes wilt ... there,s an ongoing battle against the ability of plant ... system, according to background information in the study. One ...
... demands reap mental benefits regardless of age or ... News) -- Having an intellectually demanding job that ... abilities during retirement, regardless of intelligence, education level ... suggests. , "Our society is expected to live ...
... wanted minimally invasive procedure more often, despite drawbacks , , ... be trumping science when it comes to treatments for ... patients are getting a newer, minimally invasive surgery, because ... though there is little data on actual differences in ...
... From Bush Administration,s $770 Million Cut to,Medicare-Financed Nursing Home ... the,American Health Care Association (AHCA) and Alliance for Quality ... release and comment on a,new study from The Lewin ... from the Bush Administration,s recently-announced cut of,$770 million to ...
Cached Medicine News:Health News:Leading Veterans Service Organizations Meet Near Washington May 13-15, 2008 2Health News:Leading Veterans Service Organizations Meet Near Washington May 13-15, 2008 3Health News:Leading Veterans Service Organizations Meet Near Washington May 13-15, 2008 4Health News:Demanding Jobs May Pay Cognitive Dividends in Retirement 2Health News:Newer Prostate Cancer Treatment Similar to Traditional Surgery 2Health News:Newer Prostate Cancer Treatment Similar to Traditional Surgery 3
(Date:9/19/2014)... 2014 /PRNewswire-iReach/ -- Market Research Report on ... is a professional and in-depth market survey ... The report firstly reviews the basic information ... and manufacturing technology. The report then explores ... Hydrochloride listing their product specification, capacity, Production ...
(Date:9/19/2014)... 2014 Kiromic, LLC, a Lubbock ... Hance , the former chancellor of Texas Tech University, to ... in July 2014, after raising $1.2 billion for the university. ... Hance , the most successful chancellor in the history of ... as an investor, but also as our new vice chairman ...
(Date:9/19/2014)... -- 4WEB Medical announces the formal launch of the ... on the market today at this weekend,s American ... Chicago .  The Osteotomy Truss System is a ... 74 size options included in one versatile set. Previously ... to 18 implant sizes, which limited a surgeon,s ability ...
Breaking Medicine Technology:Oxybutynin Hydrochloride Industry 2014-2019 Chinese Forecasts & Analysis 2Oxybutynin Hydrochloride Industry 2014-2019 Chinese Forecasts & Analysis 3Oxybutynin Hydrochloride Industry 2014-2019 Chinese Forecasts & Analysis 4Oxybutynin Hydrochloride Industry 2014-2019 Chinese Forecasts & Analysis 5Former Texas Tech Chancellor Named New Vice Chairman of the Board of Kiromic, LLC 24WEB Medical Unveils 3D-Printed Osteotomy Truss System 2
... PITTSBURGH , July 14 Mylan Inc. ... Pharma Holdings Limited, a privately held, global injectable pharmaceutical company ... provide Mylan not only an immediate entry into the North ... opportunities. This transaction is expected to be accretive to Mylan,s ...
... DEERFIELD, Ill. , July 14 ... Metabolic Drugs Advisory Committee and the Drug Safety and ... focused on reviewing the cardiovascular (CV) safety of rosiglitazone, ... two day discussion, Takeda Pharmaceuticals North America, Inc. ("Takeda") ...
Cached Medicine Technology:Mylan to Acquire Bioniche Pharma Global Injectable Pharmaceuticals Business 2Mylan to Acquire Bioniche Pharma Global Injectable Pharmaceuticals Business 3Mylan to Acquire Bioniche Pharma Global Injectable Pharmaceuticals Business 4Mylan to Acquire Bioniche Pharma Global Injectable Pharmaceuticals Business 5Takeda Responds to FDA Advisory Committee Recommendation 2Takeda Responds to FDA Advisory Committee Recommendation 3Takeda Responds to FDA Advisory Committee Recommendation 4Takeda Responds to FDA Advisory Committee Recommendation 5
... The Advanced® 3250 Single-Sample ... method for an accurate determination ... sample identification, broad measurement range ... the Advanced 3250 provides precise ...
... RELI™ SSO typing technique utilises a generic ... the specific target region of an HLA ... the resulting amplicon to an array of ... nylon membrane. The immobilisation of these probes ...
... From the clinical laboratory to ... osmometers set the standard for accuracy ... 3 combines this proven technology with ... features to create an osmometer that's ...
... Jaundice Meter® from Drger Medical is an ... you in management of neonatal jaundice. The ... bilirubin levels reported in mol/L or mg/dL. ... and laboratory measurements this information can assist ...
Medicine Products: