NASHVILLE, Tenn.--BUSINESS WIRE--Dec. 22, 1998--Following two years of quarterly earnings improvements, MagneTek, Inc. (NYSE: MAG) expects to report lower earnings versus the prior year period in its fiscal 1999 second quarter, ending December 31. Earnings could be down 10 to 15 cents from current consensus estimates, but are expected to...
Proposed Adjusted Current Earnings Regulations On May 2, 1990, the Internal Revenue Service issued proposed regulations under section 56 of the Internal Revenue Code concerning the computation of adjusted current earnings for purposes of the alternative minimum tax and proposed amendments to the temporary regulations under section 926 (concerning...
MAUMEE, Ohio--BUSINESS WIRE--Sept. 16, 1998--Aeroquip-Vickers, Inc. (NYSE:ANV) announced today that it expects its third-quarter earnings to be below analysts' current estimates. Current analyst estimates, as reported on First Call, range from $1.00 to $1.11 per share. The company said that although the quarter is not complete,...
General Motors' second quarter earnings will drop sharply because of current strikes by the United Auto Workers, while Chrysler's earnings will double from a strike-weakened year-ago period.
KINGSPORT, Tenn.--BUSINESS WIRE--Sept. 19, 1996--Eastman Chemical Company (NYSE: EMN) announced today that it expects its third quarter 1996 earnings will be below current analysts' estimates.Current estimates by analysts as reported on "First Call" range from $1.38 to $1.63 per share. The company said that while the quarter is not...
AKRON, Ohio--BUSINESS WIRE--March 8, 1999--A. Schulman Inc. (Nasdaq:SHLM) announced today that net income for the fiscal second quarter ended February 28, 1999, will be less than $.33 per share, the current average of estimates by the financial community. Although final results are not yet available, current business conditions for the...
On April 6, the Bureau of Labor Statistics BLS began the release of new monthly measures of hours and earnings for March 2006 to January 2007, based on newly collected data from the Current Employment Statistics CES survey. The measures include national estimates for private, non-farm industries of all-employee average...
RICHMOND, Va.--BUSINESS WIRE--June 17, 1999-- Chesapeake Corporation (NYSE:CSK) announced today that the company does not expect second quarter earnings to meet the current consensus of analysts' estimates. Preliminarily, the company expects its second quarter earnings per share EPS will be approximately 10 percent to 20 percent below the current...
Current regulations for determining earnings per share EPS are derived from the Accounting Principles Board's APB Opinion No. 15, "Earnings per Share" (APB, 1969)[1]. This Opinion, as amended by Statement of Financial Accounting Standards No. 85 "Yield Test for Determining whether a Convertible Security is a Common Stock Equivalent" (FASB,...
In this paper, methods and data have been for use in validating simulated earnings histories. The ability to simulate realistic earnings histories is critical for any dynamic microsimulation model that seeks to analyze the implications of reforms in pension or social security policy. This paper describes earnings history validation data...
Motorola Inc. (NYSE: MOT; Rating: Above average, US$56) has been a long-time favourite of mine because of the way its planning and research spending (now around 8.6% of sales) position it to profit from technology. That's why I was quite happy to stick with it through its 1996/1997 earnings down-turn,...
INDIANAPOLIS--BUSINESS WIRE--April 28, 1995--Indiana Energy Inc., the parent company for Indiana Gas Company Inc. and other subsidiaries, reported a consolidated net income of $22.1 million for the three months ended March 31, 1995, the second quarter of its current fiscal year.This compares to net income of $21.7 for the same...
By John Taylor, Omaha World-Herald, Neb. Knight Ridder/Tribune Business News Mar. 13--ConAgra Foods Inc., saying it expects solid earnings growth in its current fiscal year, issued new projections Thursday of its expected earnings for the rest of the year. ...
CLEARWATER, Fla. -- Technology Research Corporation ("TRC"), (NASDAQ:TRCI), today announced revenues and earnings for its first fiscal quarter ended June 30, 2005. Revenues were $10,576,750, compared to $7,130,944 for the same quarter last year, an increase of 48%. Net income for the current quarter was $292,835, compared to $673,670 for...
We examine whether managers adjust LIFO inventories other current accruals and depreciation consistent with the objective of minimizing taxes debt-related costs costs of foregoing smoothed earnings and adjustment costs. Our findings indicate long-time LIFO users on average manage inventories to smooth earnings and reduce debt costs and manage current accruals...
BESSEMER, Ala.--BUSINESS WIRE--May 24, 1996--Big B, Inc. OTC symbol BIGB announced today that sales and earnings will fall below current market estimates.The company reported that pharmacy margins remained stable during the quarter and overall sales rose 7.0%. The resulting sales, however, were not sufficient to achieve the projected earnings...
Business Editors NEW HAVEN, Conn.--BUSINESS WIRE--March 3, 2003 UIL Holdings Corporation (NYSE: UIL) on Friday, February 28, 2003, filed its Form 10-K, with accompanying certifications, for the year ending December 31, 2002 with the Securities and Exchange Commission. At this time, management also reaffirms the previously issued...
