BNET Business Dictionary
Business Definition for: Windfall Profit
- a sudden large profit, subject to extra tax
Additional Resources
- SAMSUNG'S JUNIOR LEE GAINS WINDFALL PROFIT FROM SHARE LISTING.
- SEOUL, Aug 23 Asia Pulse - Samsung Group tycoon Lee Kun-hee's only son, Jay-yong, is set to gain a windfall profit as conglomerate flagship Samsung Electronics Co. (KSE:05930) will list an extra 1.2 million shares, according to stock exchange author SEOUL, Aug 23 Asia Pulse...
- Research articles 2004-08-23
- Can a Windfall Profit Tax on Oil Pass The Senate? Don't Bet Against It Says US Politics Today
- WASHINGTON, April 26 /U.S. Newswire/ -- Following is the text of an article by Joe Rothstein, editor of USPoliticstoday.com, titled "Can a Windfall Profit Tax on Oil Pass The Senate? Don't Bet Against It" For permission to reprint this article,WASHINGTON, April 26 /U.S. Newswire/ -- Following is the text...
- Research articles 2006-04-26
- 'Dirty' Profits at Peabody Energy -- Windfall Profit Taxes Coming?
- The Company: Peabody Energy, the world's largest private sector coal company. The Filing: Form 8-K filing with the SEC on July 23, 2008. The Finding: Like most of its coal-mining peers, Peabody benefited from favorable supply and demand fundamentals in the second quarter. Continued higher-than-expected prices,...
- Blog posts 2008-07-31
- Chevron's Tax Rate is 47 Percent -- With No Windfall Tax
- The Company: Chevron Corp., the second-largest U.S. oil company. The Filing:Â FORM 10-Q filed with the SEC on November 6, 2008. The Finding: Chevron earned pre-tax profits of $35.7 billion and paid $16.6 billion in income taxes for the nine-months ended September 30 -- an effective tax...
- Blog posts 2008-11-17
- SENATE DEMOCRATS TO SEEK WINDFALL PROFIT TAX ON OIL FIRMS
- U.S. Senate Democrats last week promised to seek a 50% "windfall" profits tax on "big oil companies" before the upcoming Thanksgiving holiday.U.S. Senate Democrats last week promised to seek a 50% "windfall" profits tax on "big oil companies" before the upcoming Thanksgiving holiday.
- Research articles 2005-11-07
- Energy Roundup: Biofuel Lab Opens, Obama Abandons Windfall Tax, and More
- New biofuel research lab dedicated -- The new Joint Biofuel Energy Institute JBEI in Emeryville, California, has been dedicated. The institute, a joint project of Lawrence Berkley National Laboratory, Sandia National Laboratories, the Universities of California at Berkeley and Davis, the Carnegie Institution for Science and the Lawrence Livermore National...
- Blog posts 2008-12-03
- Lehman Sues Barclays on Windfall Profits
- (Reuters UK) - Lehman Brothers Holdings Inc LEHMQ has filed a lawsuit against Barclays Capital Inc alleging the bank took control of excess assets in collusion with Lehman executives when it bought its U.S. brokerage business a year ago, court documents show.Lehman filed for bankruptcy on September 15, 2008, in...
- News items 2009-11-16
- Lehman Sues Barclays Over Windfall Profits
- (Reuters) - Lehman Brothers Holdings Inc LEHMQ has filed a lawsuit against Barclays Capital Inc alleging the British bank took control of excess assets in collusion with Lehman executives when it bought its U.S. brokerage business a year ago, court documents show.Lehman filed for bankruptcy on September 15, 2008, in...
- News items 2009-11-16
- Why I'm Anti a 'Windfall Profit Tax' on Big Oil
- Dylan Jovine submits: I was going to speak today about our national budget and discuss discretionary versus non-discretionary spending. But I decided to put that article aside for another time and address something recently in the papers again: creating a "Windfall Profits Tax" on Big Oil. This is a tricky...
- External links 2008-08-06
- Curb Predatory Oil Profits with Windfall Profit Tax, AntitrustEnforcement Urge Weiner & Pulitzer in Detroit Free Press OPED
- WASHINGTON, Feb. 8 /U.S. Newswire/ -- Two solutions to oil price surges crushing consumers and the economy would curb predatory oil profits: an oil windfall profits tax and enforcement of the Antitrust Act, said Robert Weiner, the former spokesman for the U.S. House Government Operations Committee under Chairman John Conyers...
- Research articles 2006-02-08
- Commerzbank first-quarter earnings boosted by windfall gains
- FRANKFURT AFP — Commerzbank, Germany's third-biggest bank, said that bottom-line earnings surged more than 60 percent in the first three months of the current year as a result of income from divestments. Commerzbank said in a statement it booked net profit of 395 million euros (506 million dollars) in...
- Research articles 2005-05-03
- Oly: Beijing foresees big windfall from 2008 Games
- AAP Sports News Australia 12-26-2005 Oly: Beijing foresees big windfall from 2008 Games BEIJING, Dec 26 Reuters - Beijing's Olympic marketing campaign is going so well that the 2008 Games could generate millions of dollars in profits, state media reported...
- Research articles 2005-12-26
- Sector Cash Taxes Paid
- Hickey and Walters Bespoke submit: A big focus in the election now is Obama's call for a windfall profits tax on oil companies. With that in mind, we wanted to see how much taxes various sectors were already paying the government. Below we highlight a table of the...
- External links 2008-08-06
- Can cable profit from tower shortage? (cable television broadcasting industry)(Industry Overview)
- The cable industry may be looking at an unanticipated windfall when it comes to partnering with or avoiding the effects of competition from wireless service providers of every description, from personal-communications services operators to TV broadca The cable industry may be looking at an unanticipated windfall...
- Research articles 1997-10-20
- E.ON more than doubles net profit in third quarter
- DUESSELDORF, Germany AFP — E.ON, the leading German power supplier, said that net profit more than doubled in the third quarter, largely as a result of windfall gains from the sale of the group's real estate arm Viterra and of the unit Ruhrgas Industries. E.ON said in a statement...
- Research articles 2005-11-10
- AstraZeneca Sees Swine Flu Windfall
- LONDON (Reuters UK) - AstraZeneca AZN increased its 2009 earnings forecast for the second quarter in a row on Thursday, helped by windfall sales of its swine flu vaccine and continued strong demand for cholesterol drug Crestor.The Anglo-Swedish drugmaker was already doing well this year, reflecting the resilience of the...
- News items 2009-10-29
- FTCR: Exxon Cruises to New Mega-Profit Record on Backs of Motorists; Much of $10.4 Billion Windfall Comes From Profiteering at Pump
- SANTA MONICA, Calif., July 27 /U.S. Newswire/ -- ExxonMobil, the world's largest oil company, Thursday posted its largest second- quarter profit ever, $10.4 billion, up 35 percent from last year and 86 percent from the $5.6 billion second quarter of 2004,SANTA MONICA, Calif., July 27 /U.S. Newswire/ -- ExxonMobil, the...
- Research articles 2006-07-27
- Non-profit lottery pledge `is about to be ditched'
- THE GOVERNMENT faces a revolt amid claims that it has ditched a manifesto commitment to award the lottery to a non-profit operator. As the National Lottery Commission officially invited bids for the contract from 2001, The Independent has learned that a profit-making company such as Camelot could...
- Research articles 1999-12-01
- Tax Subsidy Adds $9 Million Windfall to Google Founders; Reduces Funds for Next Generation of Entrepreneurs
- BOSTON, Aug. 19 /U.S. Newswire/ -- While Google's IPO makes its founders instant billionaires on paper, Responsible Wealth today announced that federal tax subsidies contributed more than $9 million to their immediate $73 million profit. BOSTON, Aug. 19 /U.S. Newswire/ -- While Google's IPO makes its founders instant billionaires on...
- Research articles 2004-08-19
- Henkel triples net profit in 2004
- DUESSELDORF, Germany AFP — Henkel, the German maker of Persil washing powder, says windfall gains from divestments helped boost bottom-line earnings last year, but the detergents and consumer chemicals group was also able to lift underlying earnings. Henkel said it booked net profit of 1.736 billion euros (2.2 billion...
- Research articles 2005-02-03
