Mar 04, 2009. /Lesprom Network/. Smurfit-Stone Container Corp., the Chicago packaging maker which sought Chapter 11 bankruptcy protection in January, said that its 4Q results will include a $2.76 billion accounting charge to write off goodwill and other intangible assets, as Chicago Tribune informed Lesprom Network. Smurfit-Stone said the $10.73-a-share writedown of the carrying value of those assets was necessitated by the "significant decline in value of its equity securities and debt instruments," as well as profit pressures caused by the U.S. economy's troubles. The goodwill comprises in large part the intangible valuations recorded on the company's books in connection with the 1998 combination of Smurfit and the former Stone Container Corp. Smurfit-Stone said that, including the big goodwill impairment charge as well as a $40 million restructuring charge and other onetime items, the company expects to report a net loss for the December 31 quarter of $2.84 billion, or $11.04 a share, on sales that are down 17% at $1.53 billion.