WHOLE FOODS SEEKING TO WRITE OFF AMERICAN WHOLEHEALTH INVESTMENTS

AUSTIN, Texas -- Whole Foods Markets here last week said it would take substantial charges in its fiscal fourth quarter to write off investments it and a struggling subsidiary company made in American WholeHealth and Real Goods Trading. Whole Foods said its investment in American WholeHealth had become "permanently impaired."ding Sept. 24 were $438 million, compared with $358 million last year. Whole

AUSTIN, Texas -- Whole Foods Markets here last week said it would take substantial charges in its fiscal fourth quarter to write off investments it and a struggling subsidiary company made in American WholeHealth and Real Goods Trading. Whole Foods said its investment in American WholeHealth had become "permanently impaired."

ding Sept. 24 were $438 million, compared with $358 million last year. Whole Foods will announce quarterly earnings Nov. 21.

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