Hope for Home Builders? Sep 18, 2009
7% in August from the previous month on a seasonally adjusted basis. A National Association of Home Builders index released this week said that builder confidence in the sales prospects for new homes though very low is better than it has been since May 2008. (BusinessWeek)
Mortgage Demand Down as Summer Ends Sep 17, 2009
6 percent last week on a seasonally adjusted basis, including an adjustment for the Labor Day holiday. On an unadjusted basis, the index declined 18. (Realtor Magazine Online)
Finisar Posts Sharply Higher Fiscal 1Q Profit Sep 11, 2009
The stock will begin trading on a split adjusted basis Sept. 28. 1. (ABC News -- Wire)
Pernod Ricard net profit up 12.5 percent for year Sep 3, 2009
First half 2009 income statement is presented on an adjusted basis (see page 2 Basis of preparation of financial information). The reconciliation with IFRS income statement is presented in Appendix 5. (Fresno Bee -- Business)
When a reverse mortgage works - it's debatable Sep 1, 2009
This is known as the adjusted basis for tax purposes ... Subtract the adjusted basis from the selling price to determine your gain. (San Francisco Chronicle -- Business)
The Housing Market: Has It Turned the Corner? Aug 27, 2009
In July, for the fourth month in a row, the number of new homes sold, on a seasonally adjusted basis, rose. July's jump, of 9. (Time.com)
Increase in home prices seen Aug 26, 2009
Home prices, on a seasonally adjusted basis, are at levels not seen since early 2003. The monthly index of 20 major cities increased 0. (San Francisco Chronicle -- Business)
Foot Locker, Inc. Reports Second Quarter Results Aug 21, 2009
2 Reconciliation of Net Income from a GAAP-reported basis to a non-GAAP basis (unaudited) (In millions, except per share amounts) Year-To-Date Year-To-Date 2009 2008 ------------ ------------ Net income: GAAP basis $31 $21 Additions, after tax: Impairment charge (1) --- 15 Store closing program costs (2) --- 3 Non-GAAP adjusted basis $31 $39 Net income per share: GAAP basis $0 ... 02 Non-GAAP adjusted basis $0. (PR Newswire)
gategroup Delivers Solid Results for First Half 2009 Aug 13, 2009
" The results came on total revenue of CHF 1,291.8 million for the half year, a 2.0% drop in constant currencies. Excluding a one-time charge of CHF 6.6 million, EBITDA was CHF 96.5 million, a 3.5% decline in constant currencies; EBITDA margin was 7.5%, a 0.1 percentage point decline in constant currencies; and operating profit, excluding one-time charges of CHF 14.4 million, was CHF 49.2 million, a 12.1% decline in constant currencies. On an adjusted basis, cash flow from operating activities... (PR Newswire)
Paragon Shipping Inc. Reports Second Quarter and Six Months Ended June 30, 2009 Results Aug 12, 2009
Commenting on the results, Michael Bodouroglou, Chairman and Chief Executive Officer of Paragon Shipping, stated, "We are pleased to announce another profitable quarter for Paragon with our strongest quarterly operating performance to date. This has been achieved through our significant charter coverage and disciplined approach to cost controls. On an adjusted basis, Paragon's financial performance during the second quarter of 2009 beat our 2008 second quarter results. Our fleet average... (Primezone Releases)
Economy looking up Aug 10, 2009
Domestic visitor arrivals have stabilized in recent months on a seasonally adjusted basis, and O'ahu home and condominium sales are rising, said Paul Brewbaker of TZ Economics. At the same time, the number of jobs being lost in the downturn has been shrinking this year, he said. (Honolulu Advertiser)
Sellers say goodbye to bottom as housing begins rebound Aug 10, 2009
Nationwide, home resales in June are up 9 percent from January, on a seasonally adjusted basis. Sales of new homes have climbed 17 percent during the same period. (Daytona Beach News Journal -- Business)
TechTeam Global Reports Second Quarter 2009 Financial Results Aug 7, 2009
4%, on an adjusted basis, in the second quarter 2009 versus prior year. Reports 50% debt reduction in first half of 2009; Company near zero net debt. (PR Newswire)
Mini Pullback for Dow; Nasdaq Sinks Aug 7, 2009
Existing users please login. Remember me on this computer. (Fox News)
CBS Corporation Reports Second Quarter 2009 Results Aug 7, 2009
On an adjusted basis, excluding these two items, net earnings for the second quarter of 2009 were $57 ... On an adjusted basis, net earnings for the first half of 2009 were $20 ... On an adjusted basis, excluding the impact of this reduction of deferred tax assets and divestitures, the second quarter effective income tax rate was 42. (Yahoo! Wire -- Entertainment News)
Archer Daniels Midland Aug 5, 2009
The world s largest grain processor said income fell to $64 million, or 21 cents per share on an adjusted basis, from $372 million, or 58 cents, a year ago. Rival Bunge Ltd. s profit fell 58 percent on lower demand for oilseeds. (Boston Globe)
Sanofi reports profits rise, seeks big cost cuts Aug 4, 2009
06 billion euros but on an adjusted basis, excluding the effect of exceptional items, earnings rose by 29 ... Citing this "good performance," Sanofi said it was increasing its earnings growth forecast on an unadjusted basis to 10 percent for 2009 from its previous estimate of around seven percent. (Yahoo News -- Pharmaceutical Industry News)
Hartford Financial Posts 2Q Loss Jul 30, 2009
On an adjusted basis, core earnings came in at $622 million, or $1. 90 per share, down 11 percent from $696 million, or $2. (ABC News -- Wire)
Visa Quarterly Earnings Beat Estimates as Costs Fall Jul 30, 2009
On an adjusted basis, reflecting a normalized tax rate, restructuring and purchase amortizations, quarterly net income rose to $744 million, or 98 cents per diluted class A share. Excluding the impact from the sale of the company's stake in VisaNet do Brasil, adjusted quarterly net income was $507 million, or 67 cents per share. (ABC News -- Wire)
Bankoh profits drop 36% in 2nd quarter Jul 29, 2009
The company reported earnings that were 5 cents a share higher on an adjusted basis than had been expected by Wall Street. Shares of the company's stock jumped 8. (Honolulu Advertiser)
Stocks End Mixed; Microsoft Plunges Jul 25, 2009
On an adjusted basis, Schlumberger beat the 63 cents expected by analysts, but fell short on the revenue side. Amazon. (Fox News)
Mortgage Applications Rise Slightly Jul 23, 2009
4 the previous week on a seasonally adjusted basis. On an unadjusted basis, the index increased 2. (Realtor Magazine Online)
Car sales accelerate, adding to retail optimism Jul 21, 2009
In June, 80,330 vehicles were sold on a seasonally adjusted basis, up from 76,028 in May. This is the second straight month motor vehicles have registered a sharp rise, boding well for domestic consumption in the second quarter. (Sydney Morning Herald -- Business)
HAWAII MAY LOSE SOME STATE JOBS Jul 20, 2009
"Jobs lost In the mid-1990s during the previous major slowdown for Hawai'i's economy, public-sector employment fell by about 2,000 jobs before recovering by decade's end, according to data provided by the University of Hawai'i Economic Research Organization. Those public-sector reductions came about two years after overall statewide employment peaked.There are signs that state public-sector employment already is falling. From January through May, the number of state public-sector jobs fell by... (Honolulu Advertiser)
READ THE RELEASE: Bank of America pays $713M to U.S. Jul 18, 2009
" "Most importantly, we continue to serve our customers and clients around the world every day, helping them with their accounts, meeting their financial needs and adding new business," Lewis added. Second Quarter 2009 Business Highlights -- Bank of America increased its Tier 1 common capital by nearly $40 billion through multiple actions during the quarter that included issuing shares of common stock, exchanging certain non-government preferred stock for common stock, and asset sales. -- Bank... (USA Today -- Money)
Ag Briefs (85) Jul 11, 2009
Another provision targeting cellulosic ethanol plants would expand the special depreciation allowance for certain facilities by giving developers an additional first-year depreciation deduction equal to 50 percent of the adjusted basis for the qualified property. For additional information on these and other provisions of the bill (H.R. 6408), go to. (Agri-View, WI)
Now Hiring: Contract Workers? Jul 1, 2009
The number of U.S. temporary help services workers dropped by 90,000 in November (on a seasonally adjusted basis) and fell by more than 70,000 every month until March, when the reductions suddenly began to slow, according to the Bureau of Labor Statistics. In April, 55,000 temp workers were cut. (BusinessWeek)
Buy-and-hold stock strategy can be big loser in bear market Jun 29, 2009
81 euros, down from nearly 90 euros on an adjusted basis in 2000, Capital IQ says. MacGarrigle still hasn't sold the stock, but rather just looks at it languishing on his brokerage statement waiting to take the tax loss. (USA Today -- Money)
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Thailand Jun 5, 2009
Exports fell by about 18 percent in Q4 on a quarter-on-quarter seasonally adjusted basis. Manufacturing output contracted by 11 percent, thus bringing the level of manufacturing output to its lowest level since late 2005. (IMF News)
TD Bank Financial Group Reports Second Quarter 2009 Results May 28, 2009
6% ------------------------------------------------------------------------- ------------------------------------------------------------------------- FINANCIAL RESULTS OVERVIEW Performance Summary An overview of the Bank's performance on an adjusted basis for the second quarter of 2009 against the financial shareholder indicators included in the 2008 Annual Report is outlined below ... As such, the provision for income taxes is stated on a reported and an adjusted basis. (Canada Newswire)
* World Business Quick Take May 27, 2009
On a seasonally adjusted basis, GDP last month declined 0. 4 percent from March, milder compared with the 0. (Taipei Times, Taiwan -- Business)
Campbell's sales fall, adjusted profit up May 23, 2009
On an adjusted basis, factoring in the sale of the Godiva brand, net income was $171 milion, or 48 cents, versus $165 million, or 43 cents, a year earlier ... 09 per share on an adjusted basis. (Philadelphia Business Journal, PA)
The Home Depot Announces First Quarter Results May 19, 2009
On an adjusted basis, the Company reported first quarter of fiscal 2009 net earnings of $587 million, or $0. 35 per diluted share, compared to adjusted net earnings of $697 million, or $0. (Canada Newswire)
Canada Stocks Gain as Lower Borrowing Costs Lift Bank Shares, Gildan Soars May 15, 2009
Sales rose 11 percent from the previous month on a seasonally adjusted basis to 34,838 units, according to the Canadian Real Estate Association. Royal Bank rose 2. (Bloomberg -- Canada)
Mortgage Volume Down 8.6% Last Week May 15, 2009
6 on a seasonally adjusted basis from 979 ... On an unadjusted basis, the index decreased 8. (Realtor Magazine Online)
Cyalume Technologies Holdings Announces Results for the First Quarter of 2009 May 14, 2009
Results of Operations -- Adjusted Basis. Adjusted net income is an alternative view of performance used by management and we believe that investors' understanding of our performance is enhanced by disclosing this information. (Primezone Releases)
BT Cuts Dividend, to Slash 15,000 Jobs May 14, 2009
Profit before tax on an adjusted basis was down 40 percent and on a reported basis showed a 1. 28 billion pound loss. (ABC News -- Wire)
Current-Account Surplus Narrows 48.8% as Recession Dries Up Export Demand May 13, 2009
On a seasonally adjusted basis, the current-account surplus widened 31. 7 percent from February, todays report showed. (Bloomberg -- Japan)
Marlin Business Services Corp. Reports First Quarter 2009 Results May 8, 2009
08 per diluted share and net loss on an adjusted basis of $88,000 or $0 ... Excluding this charge, net loss for the first quarter ended March 31, 2009 is $579,000 and net income on an adjusted basis is $212,000 ... 11 Weighted average shares used in computing basic earnings (loss) per share 11,677,264 12,191,991 Weighted average shares used in computing diluted earnings (loss) per share 11,677,264 12,267,071 MARLIN BUSINESS SERVICES CORP. AND SUBSIDIARIES Net Income on an Adjusted Basis... (Primezone Releases)
Air Canada reports 2009 first quarter results May 8, 2009
00 on an unadjusted basis. On an adjusted basis, the airline reported a loss per share (basic and diluted) of $2. (Canada Newswire)
Las Vegas Sands Posts Unexpected Profit on Macau Visitors, Reduced Costs May 6, 2009
On an adjusted basis, year-ago profit was $23. 6 million, or 7 cents a share. (Bloomberg -- US)
Hill-Rom Reports Second Quarter Financial Results May 5, 2009
3 million, bringing the total reduction in operating expenses on an as adjusted basis to 14 ... On an as adjusted basis, the effective tax rate was 35 ... Hill-Rom Holdings, Inc. provides earnings per share guidance on an adjusted basis from continuing operations because the company's management believes that the presentation provides useful information to investors. (PR Newswire)
Thunderbird Resorts Reports 2008 Fourth-Quarter, Full Year Results May 1, 2009
6 percent from 2007 fourth quarter on adjusted basis ... 8 percent from 2007 full year on adjusted basis ... The fourth quarter 2008 results for the Group's Panama operations were up over the same period in the previous year on an adjusted basis as operating costs were managed closely in light of increased competition. (CCNMatthews Press Releases)
Earnings at Visa beat forecasts May 1, 2009
On an adjusted basis, reflecting a normalised tax rate, restructuring and purchase amortisations, quarterly net income rose 38% to US$553mil. What caught my attention most was the expense control they had. (The Star Online, Malaysia -- Business)
Visa Second Quarter Earnings Beat Estimates Apr 30, 2009
On an adjusted basis, reflecting a normalized tax rate, restructuring and purchase amortizations, quarterly net income rose 38 percent to $553 million, or 73 cents per diluted class A common share. On that basis, analysts expected earnings of 64 cents per share, according to Reuters Estimates. (ABC News -- Wire)
Universal American Corp. Reports First Quarter 2009 Results, Reaffirms 2009 EPS Guidance and Announces Closing of Its Life & Annuity Reinsurance Transaction Apr 30, 2009
Our Part D business also performed well in the first quarter on a seasonally adjusted basis, validating that we have put the issues of 2008 behind us. We showed notable improvements in all relevant financial metrics, giving us confidence in our forecast for 2009 and a sound basis for our 2010 bids. (Primezone Releases)
NU Reports First Quarter Results Apr 30, 2009
0 percent lower on a weather adjusted basis. However, residential sales, which accounted for nearly 50 percent of total retail sales, increased in the first quarter of 2009 by 4. (PR Newswire)
FPL Groups Q1 earnings up 18.4% Apr 29, 2009
The Juno-Beach based energy company (NYSE: FPL) said first quarter net income on an adjusted basis was $364 million, or 90 cents a share, up from $305 million, or 76 cents a share, in the first quarter of 2008. FPL Group s utility subsidiary, , reported net income of $127 million, or 31 cents a share, up 14. (South Florida Business Journal, FL)
Celestica profit falls in first quarter Apr 28, 2009
Celestica said it earned 13 cents per share on an adjusted basis, beating the Thomson Reuters analyst consensus expectation of nine cents per share. Revenue was in line with analyst projections, while gross margin improved to 7. (Globe and Mail -- Business)
Mortgage rates are low, but most won't qualify Apr 6, 2009
The most recent composite index, which measures mortgage loan application volume, was up 69 percent from a year earlier and 4 percent higher compared to early January on a seasonally adjusted basis. Interest rates on 30-year-fixed loans are now about a half percentage point lower than in January, and borrowers are responding. (Cincinnati Business Courier, OH)
Hawaii joblessness at 30-year high: 6.5% Mar 29, 2009
Except for Lana'i, unemployment more than doubled on each island on a nonseasonally adjusted basis from a year before. Hawai'i and Kaua'i counties had the worst unemployment of the state's major islands at 9. (Honolulu Advertiser)
Spectre of deflation fades with bump in prices Mar 20, 2009
On a seasonally adjusted basis, inflation picked up in every category of goods and services except health and personal care. Rising prices for food and shelter drove up the inflation rate for the year as a whole, Statscan said. (Globe and Mail -- Business)
SINA Looks Over the Edge Mar 18, 2009
Earnings, on an adjusted basis, spiked 44% to $0. 49 a share. (MSNBC -- Business)
JSE ends flat Mar 17, 2009
Last Updated: 05:54pm 16 Mar 2009. 11 24 SPONSORED LINKS. (iAfrica.com)
Marlin Business Services Corp. Reports Fourth Quarter and Fiscal Year 2008 Results Mar 10, 2009
62 per diluted share and net income on an adjusted basis of $371,000, or $0 ... 44 per diluted share and net income on an adjusted basis was $4 ... Net Income on an Adjusted Basis is defined as net income excluding the loss on derivatives and hedging activities net of tax. (Primezone Releases)
Tight belts in America squeeze Asia Mar 4, 2009
Singapore's highly trade-dependent economy shrank by more than 16 percent in the fourth quarter on an annualized, seasonally adjusted basis. Prime Minister Lee Hsien Loong said last week that another 8 percent might disappear this year. (International Herald Tribune -- Business)
Integra LifeSciences Reports 2008 Financial Results Mar 2, 2009
40 on an adjusted basis. We expect revenues in the first quarter of 2009 to be 3-5% lower than the fourth quarter of 2008, and earnings to be disproportionately lower, and that the fourth quarter of 2009 will be the strongest quarter of the year. (Primezone Releases)
Earnings roundup Feb 27, 2009
On an adjusted basis, the loss came to $113. 6 million, or 42 cents per share. (Boston Globe)
News Analysis: Obama's budget aims at recovery, reduced deficit Feb 27, 2009
Under Medicare Advantage, private insurers provide government-approved health insurance coverage and are reimbursed for costs on an annually adjusted basis. Obama's budget also includes hundreds of billions of dollars in revenues starting in 2012 and spread out over many years from a greenhouse gas emissions trading system. (Xinhuanet, China)
Goodrich Petroleum Announces Year End and Fourth Quarter Financial Results and Operational Update Feb 26, 2009
54 per MMbtu on a NYMEX adjusted basis, and the collars have floors averaging $8. 75 per MMbtu, we calculate a weighted average minimum hedge price of $8. (PR Newswire)
U.S. mass layoffs claim higher toll Feb 26, 2009
The Bureau of Labor Statistics calculates mass layoff data on a seasonally adjusted basis. The manufacturing sector accounted for 38 percent of all mass layoff events and 44 percent of affected workers in January. (Wichita Business Journal, KS)
Hong Kong economy to shrink up to 3 pct in 2009 Feb 25, 2009
On a seasonally adjusted basis, GDP fell by 2 percent in the October-December quarter from previous period marking the third straight quarter of decline. To cope with the slowdown, Tsang announced temporary cuts on salary taxes and waivers on property fees as part of a budget estimated at more than 300 billion Hong Kong dollars ($38. (International Herald Tribune -- Sports)
HealthSouth Reports Results for Fourth Quarter Ended December 31, 2008 Feb 24, 2009
On an adjusted basis, income (loss) from continuing operations was $0. 24 per diluted share and ($0. (PR Newswire)
Lafarge to sell shares, assets to reduce debt Feb 20, 2009
Earnings per share on an adjusted basis (excluding one-off gains on asset sales) fell 8 percent to 8. 87 from 11. (International Herald Tribune -- Sports)
Platinum boosts JSE Feb 20, 2009
Last Updated: 06:37pm 19 Feb 2009. 17 28 SPONSORED LINKS. (iAfrica.com)
