Property values dip in Danvers Oct 29, 2009
The town was adhering to state law that requires a three-year update of all property in town, basing the values on sales in the prior calendar year in this case, 2008. In addition, assessors include information about income and losses for businesses, Locke said. (Danvers Herald, MA)
Swine Flu Etiquette: Should families self quarantine? Oct 29, 2009
New Stepmom I would also look into your companies administration of FMLA. Do they use a rolling calendar or use the calendar year for the administration of FMLA. If they use the calendar year then you could potentially have up to 12 weeks protection for this calendar year and potentially another 12 weeks come Jan 1. (Atlanta Journal-Constitution -- Living)
EMS Levy would maintain UC ambulance service Oct 29, 2009
The figure peaked at 1,117 in 2007, fell to 947 in 2008, and is expected to reach 1,000 this calendar year. The drop of in 2008 was probably due to the poor economy as not as many people were recreating in our district as in previous years, he speculates. (Ellensburg Daily Record, WA)
Littlefield Corporation Announces Record Q3 2009 Revenue Oct 29, 2009
The Company expects the Furtney litigation to conclude this calendar year. The Q3 2008 results included approximately $628,000 of notable items: $476,000 of expense from Texas start-ups and re-openings, $69,000 from legal expense related to South Carolina and Texas and its Furtney litigation, $70,000 of consideration related to acquisitions and $13,000 for non-cash stock-based compensation expense. (Yahoo! Wire -- Entertainment News)
Teck Reports Third Quarter Results for 2009 Oct 29, 2009
Customers in Asia are expected to account for approximately three quarters of our 2009 calendar year sales volume ... We expect our thermal and PCI coal sales to comprise approximately 13% of our total sales volume for the 2009 calendar year and approximately 10% for the 2009 coal year, which is consistent with our expected long-term average thermal and PCI sales mix of 10 ... We expect our average realized selling price for the 2009 calendar year to be in the range of US$155 to US$158 per... (CCNMatthews Press Releases)
Canada Tax Free Savings Account Sav... Oct 29, 2009
Eligible individuals can contribute $5000 for the 2009 calendar year. If one does not contribute the full amount in any year, the leftover amount is carried forward. (Suite101.com)
GulfMark Offshore Reports Operating Results for the Third Quarter of 2009 Oct 28, 2009
(2)Represents full calendar year. Statement of Operations (unaudited) Nine Months Ended ----------------------------------- ------------------------------ September 30, September 30, 2009 2008 -------------- -------------- Revenue $ 304,215 $ 289,857 Direct operating expenses 119,122 104,092 Drydock expense 11,278 9,826 General and administrative expenses 33,661 29,321 Depreciation and amortization expense 39,049 31,726 Gain on sale of assets (5,497) (18,757) Impairment Charge 46,247 --... (Primezone Releases)
Why aren't Canadians taking advantage of tax free savings accounts? Oct 27, 2009
RBC poll finds lack of funds and knowledge listed as key reasons (Canada Newswire)
Wipro Profit Rises 22%, Beating Estimates, on Software Orders; Stock Gains Oct 27, 2009
White House adviser said earlier this month there has been a substantial return to more normal conditions in the U.S., and cited economists estimates that the worlds largest economy returned to growth in the third quarter of the calendar year. Forrester expects a strong recovery in the U.S. information technology market in 2010, with 7. (Bloomberg -- Asia)
Wotif expects lift in first half profit Oct 26, 2009
"At this stage we see no reason why the performance outlined above should not continue throughout the balance of this calendar year," Mr Cooke said. Mr Cooke said changes to the layout and performance of some recently acquired websites such as lastminute. (Sydney Morning Herald -- Business)
Canfor Pulp Income Fund Announces Third Quarter 2009 Results Oct 24, 2009
The Partnership continues to monitor standards development as issued by the International Accounting Standards Board (IASB) and the AcSB, as well as regulatory developments as issued by the Canadian Securities Administrators, which may affect the timing, nature or disclosure of the Partnership's adoption of IFRS. The IASB has issued several exposure drafts for new or amended IFRS, which will likely have mandatory application for the 2011 calendar year. For further details on the key elements of... (CCNMatthews Press Releases)
Ten taken seriously Oct 23, 2009
Credit Suisse analyst Rohan Gallagher thinks there is ''no financial imperative'' to raise equity given that no material re-financing is required until the 2011 calendar year at the earliest, with the bulk of debt refinancing slated for 2012 and beyond ... Meanwhile, Gallagher thinks that conglomerate CSR should defer the planned de-merger of its sugar business until the second quarter of the 2010 calendar year amid an improving outlook for the 2011 financial year. (Sydney Morning Herald -- Business)
READ: Morgan Stanley's press release Oct 22, 2009
As a result of this change, the Company previously recast all quarters of 2008 on a calendar year basis. (5) Includes preferred dividends and related adjustments, which reduced earnings per diluted common share. (USA Today -- Money)
City short $2.7 million Oct 22, 2009
Council members noted that the last quarter of the calendar year is traditionally a soft one in terms of revenue collections, and that this one will be compounded by the decline in collections and the decrease in departmental billings and sales and gaming taxes revenues. The city collected 15. (Greenville Delta Democrat Times, MS)
Seniors offered chance to work off part of property tax bill Oct 21, 2009
An applicant must be domiciled in Swampscott as of July 1 preceding the beginning of the following calendar year. (July 1, 2009). (Swampscott Reporter, MA)
Assessor pact on agenda Oct 20, 2009
The abatement will be terminated at the end of the calendar year in which the application was submitted or when the property becomes inhabited or tenantable, whichever comes first. Any owner or occupant who claims the premises remains untenantable and not subject to the solid waste collection charge must submit a written application to the street department on an annual basis. (Watertown Daily Times, WI)
Use TIF money wisely or don't spend it at all Oct 18, 2009
The bigger "surprise" is that the council must "obligate" the money by the end of this calendar year - when the TIF district ends. The city had thought they would have about a year to make that decision. (The Pantagraph newspaper)
Show business is booming Oct 17, 2009
39 million so far this calendar year compared with the same time last year. Most of this is due to twice the number of people the NGV expected paying to see its John Brack retrospective, while a staggering 332,000 [or about a tenth of Melbourne's population] paid to attend its Salvador Dali blockbuster. (Sydney Morning Herald -- Entertainment)
School leaders pitch reform ideas Oct 17, 2009
Southwest Mississippi members of the Mississippi Association of School Superintendents met with a handful of regional legislators Thursday morning at Rusty's to discuss a legislative agenda that, if approved, would see the end of high-stakes testing, a shortened school calendar year and a shift in education emphasis that would allow students multiple graduation options - or exit points - more in the spirit of a community college. Brookhaven's Dr. Sam Bounds, executive director of MASS, said the... (Brookhaven Daily Leader, MS)
County gets big check from state, remainder uncertain Oct 16, 2009
The good news is Somerset County will see 1. 4 million in state funds come through the door this week, said county fiscal analyst Randy Welker. (Somerset Daily American, PA)
Plan to close libraries spurs audit thoughts Oct 16, 2009
The Carnegie Library of Pittsburgh this calendar year is receiving RAD's single largest grant, $17. 6 million. (Pittsburgh Post-Gazette, PA)
NAMES IN THE NEWS Oct 15, 2009
OC Phi Theta Kappa increased its membership by 27 percent by enrolling 154 new members during this calendar year. Phi Theta Kappa, the international honor society for two-year colleges, operates on four hallmarks: service, scholarship, leadership and fellowship. (Odessa American, TX)
No way around law to tap TSP fund Oct 13, 2009
A: An individual can give up to $13,000 per calendar year, and all such gifts are excluded from gift taxes ... To the extent that either of you gives any grandchild (or child) more than $13,000 in any calendar year, the excess amount will be subtracted from each person's $1 million lifetime gift tax exemption. (Fresno Bee -- Business)
Uncle Sam Demands More Than Valentine From Farmers (2) Oct 11, 2009
Contributions are treated as made in the calendar year if made by April 14 of the following year. Qualified expenses include: Tuition, fees, academic tutoring, books, supplies, room and board and computers and other equipment necessary in conjunction with enrollment or attendance in a public, private or religious school. (Agri-View, WI)
Tax rebates decline for cities, county Oct 11, 2009
So far this calendar year, local sales tax allocations are down 3. 7 percent compared to the same period in 2008. (Brenham Banner, TX)
When politicians talk economics, they think votes Oct 10, 2009
Stevens said most of the planned fiscal stimulus had been spent already, and much of the rest would be spent before the end of this calendar year. And don't forget the two assumptions built into the Opposition's argument-of-convenience: that the lower interest rates are, the better (what do you think causes asset-price bubbles. (Sydney Morning Herald -- Business)
New Bloomfield audit reveals no major problems Oct 10, 2009
NEW BLOOMFIELD -- An audit covering the 2008 calendar year for the City of New Bloomfield revealed no major fiscal or management problems, the city's board of aldermen learned Thursday night. The aldermen approved unanimously the audit submitted to them by Dale Siebeneck, CPA, a managing partner of Evers ny, CPA's L.L.C., the firm performing the annual audit. (Fulton Sun, MO)
Towns must alter budget calendars now Oct 9, 2009
It should be noted that communities that shifted their traditional calendar year budgeting to mirror the state's budget year which goes from July 1 to June 30 were in much better shape ... Right now, communities that budget on a calendar year basis are actually spending in accordance with a plan that hasn't been approved by voters for the first three months of the year. (Seacoast New Hampshire)
Town awaiting approval for liquor license Oct 9, 2009
We are hopeful that we ll have Legislative approval by the end of the calendar year, Higgins said. Once the petition is approved by the Legislature, oversight will return to the town, first in the form of a ballot measure in the March town election. (Lincoln Journal, MA)
Frontier narrows passenger decline Oct 9, 2009
For the calendar year through September, Frontier said it carried 7. 32 million passengers, down 10. (Denver Business Journal, CO)
Sexy siren makes an offer hard to refuse Oct 9, 2009
1 million last financial year, a lot more than what Albanese is expected to receive this calendar year. RABBIT TO RESCUE. (Sydney Morning Herald -- Business)
New players ante up despite drop in state gambling revenue Oct 7, 2009
That s only approximate, he cautioned, because tribes report for their fiscal years, which don t always match the calendar year. Nationally, 2008 revenue rose 2. (Sacramento Business Journal, CA)
Honda's India, Thai Sales to Beat Forecast as Economies Recover, Ike Says Oct 7, 2009
Sales in Thailand this calendar year may reach last years level, compared with a forecast for a 20 percent decline, while sales in India will fare better than the estimated 20 percent to 30 percent drop, , president of Asian Honda Motor Co., said in an interview in Tokyo yesterday. Compared with Europe and the U.S., recovery of these Asian economies has been slightly faster, Ike said. (Bloomberg -- Japan)
Colorado insurance regulators fine United Healthcare $457,000 Oct 6, 2009
The market conduct examinations, which covered calendar year 2007, found violations on a number of issues for both companies, officials said. These included: providing incomplete information in certificates of creditable coverage, failing to pay claims timely and accurately, and failing to comply with the requirement for physician review in some cases involving utilization review. (Denver Business Journal, CO)
Georgetown senior notes Oct 6, 2009
The program currently permits elders to reduce their property taxes by $500 per calendar year in exchange for 66 hours of volunteer service to the town. Application forms and guidelines are available in December at the Council on Aging office at Town Hall. (Georgetown Record, MA)
Small-car Europe exports hit roadblock Oct 6, 2009
We are covered for the calendar year as we get advance export orders. The export orders have lowered and we will start seeing the impact, Mr Saxena said. (India Times)
GSK slips but aims to be taller poppy Oct 5, 2009
AUSTRALIA'S biggest pharmaceutical business, GlaxoSmithKline, has suffered a near 50 per cent drop in profit for the 2008 calendar year but says it is on track to improve its result this year, thanks to royalty income from its influenza drug Relenza and the popularity of brands such as Panadol, Nicabate and Macleans toothpaste. The global pharmaceutical giant is also pushing ahead with poppy trials in Victoria as it seeks to broaden its growing base beyond Tasmania, where the $100-million-a-year... (Sydney Morning Herald -- Business)
Moving money abroad Oct 4, 2009
Residents (natural persons) who are over the age of 18 years may be permitted to avail of a single allowance within an overall limit of R500000 per individual per calendar year. This may be apportioned as follows. (iAfrica.com)
Elephant v Dragon Oct 4, 2009
2% this calendar year. "When China and India are excluded, GDP (gross domestic product) in the remaining developing countries is expected to fall by 1.6%, causing continued job losses and throwing more people into poverty," the World Bank report stated. (BBC News -- South Asia)
Cook Estate breaks ground Oct 3, 2009
Jim McAuliffe, one of the principals at Abbott Development, said the construction loan was the first loan to be given to a residential, for- sale new construction development in the state this calendar year. The reason, he said, was the community and growing buyer interest in the project. (Cohasset Mariner, MA)
Jon HeymanTHE DAILY SCOOP Oct 3, 2009
But as it turned out this year, the very same GMs -- the Yankees' Brian Cashman, Rockies' Dan O'Dowd and Mariners' Jack Zduriencik -- seemed to hit time and again with their deals and moves over the course of the last calendar year. The same GMs made so many of the best moves that only 10 teams account for 28 of 30 entries on my list of the 30 Best Moves of the Year. (SportsIllustrated.CNN -- MLB)
Two schools under scrutiny for financing private school Oct 2, 2009
Schools under scrutiny for financing private school with taxpayer dollars. Schools under scrutiny for financing private school with taxpayer dollars. (AZCentral)
Cisco to buy Tandberg for $3B Oct 2, 2009
Cisco said it expects the deal to close in the first half of calendar year 2010. Most Read Stories. (San Jose Business Journal, CA)
From the desk of Santa Acosta Oct 2, 2009
The tax statutes make no provision for proration; therefore, a change of ownership during the year would have no effect on the tax liability established on January 1 of the calendar year. If you owned the property described on the tax statement on January 1, then you are responsible for the taxes. (Fort Stockton Pioneer, TX)
How to Save for College Oct 2, 2009
New Flexibility in 2009: 529 plan account owners will be able to make two investment change requests per 529 account during calendar year 2009. Current rules contain a once-per-calendar year investment change restriction ... According to the IRS, the increased flexibility is being granted "in response to concerns that have been caused by the recent condition of the financial markets." The change is applicable to calendar year 2009 only. (CBS News -- Early Show)
County approves wave of contracts Oct 1, 2009
- advertise to accept bids for road materials and hauling for calendar year 2010. - approve the County contract with the BVCOG concerning the County Indigent Health Care program for fiscal year 2009-10. (Madisonville Meteor, TX)
LIBRARY BOARD APPROVES PLACEMENT OF LAWSUIT FUNDS IN CD Oct 1, 2009
I estimate that by the end of the calendar year the briefs will all be filed, said Thomas Brown, the library s attorney. So you re looking at 6-9 months from now for a decision, he said. (Pine Bluff Commercial, AR)
CREG report holds bad news for state Oct 1, 2009
84 per thousand cubic feet for the calendar year through August while last years price averaged $7. 97 per mcf over the same number of months. (Green River Star, WY -- Local)
224 S. Wipf: 1925-2009 Sep 30, 2009
Eighty-four years and 7 months after Freeman students first reported to what was then their new school, the building on Wipf Street that has served students every calendar year since 1925 came crashing down. The demolition of the familiar brick structure that has been known as, simply, Freeman Elementary for the past 35 years, took place Saturday, Sept. 26 and drew dozens of onlookers like those above. (Freeman Courier, SD)
Festival season numbers hold cues for investors Sep 30, 2009
The last quarter of the calendar year is a festival season here as many major festivals come in this quarter. The Navaratri and Dasara celebrations are on and this will soon be followed by Dhanteras and the Diwali festival. (India Times)
Moog completes U.K. purchase Sep 30, 2009
Wolverhampton sales for the calendar year 2008 were about $100 million, Moog said. Moog also said it plans a public offering of 2. (Buffalo Business First, NY)
Rich Senator, Poor Senator Sep 30, 2009
Roll Call s analysis of Senators wealth is based solely on the information lawmakers must provide in their annual 2009 financial disclosure reports, which cover calendar year 2008. Roll Call determines each lawmaker s minimum net worth by adding the lowest number in the range reported for each asset for example, a $1 million to $5 million asset would be evaluated at $1 million and subtracting the lowest total liabilities. (Roll Call)
Recession, technology divides ad agencies into haves, have-nots Sep 26, 2009
The 2009 list gives a snapshot of the industry based on data for calendar year 2008. And in the grand scheme of things, 2008 wasn t a terrible year for the majority of Louisville s advertising firms. (Louisville Business First, KY)
PINE BLUFF SCHOOL BOARD GIVES NOD TO $41 MILLION BUDGET Sep 25, 2009
The local tax revenue is really the item that we won t know until the end of the calendar year, he said. That tax makes up about 50 percent of the operating revenue, he added. (Pine Bluff Commercial, AR)
Jet shareholders approve $400 mn fund-raising plan Sep 25, 2009
The domestic aviation industry has been badly hit by surging crude oil prices last calendar year, which touched a high of $147 per barrel in September last year. With economic slowdown making people go for cheaper options, full-service airlines have been forced to keep their fares very low to check travellers from moving to low-cost carriers. (India Times)
Sara Lee Receives Binding Offer of EUR1.275 Billion From Unilever for its Global Body Care Business Sep 25, 2009
275 Billion From Unilever for its Global Body Care Business. Company Plans to Use Proceeds to Invest in Core Businesses and Repurchase Stock; Board Authorizes a $1. (Canada Newswire)
HalcyGen set for healthcare major league Sep 25, 2009
2 million for calendar year 2009 and an EBITDA of $31. 2 million for this same period. (Sydney Morning Herald -- Business)
Bond yields lower ahead of buyback Sep 24, 2009
6 billion) in 2009/10, and heavy supplies have pushed up the 10-year bond yield higher by 183 basis points so far this calendar year. India's annual inflation rate may have risen to 0. (India Times)
Grand jury complaint alleges ‘culture of corruption’ Sep 22, 2009
Lynch, who announced his retirement in June 2008 and retired at the end of the calendar year, said he submitted a variety of different plans to the board. Eventually, Lynch said, the board acted on one of his recommendations for 2008-2009 to eliminate the director of curriculum and project support services job and to have Bass and Opfermann share those duties. (Lompoc Record, CA)
Washington Report: Tax Credit Changes Sep 21, 2009
The credit for these individuals would be extended to November 30, 2010 from November 30, 2009, provided the served outside the U.S. for at least 90 days during calendar year 2009. The bill, which has bipartisan support, could be sent to the Senate for action as early as next week, Congressional sources told Realty Times. (RealtyTimes)
India's central bank faces tricky balancing act Sep 21, 2009
Goldman Sachs economist Tushar Poddar said he expects "a 300-basis-point tightening in policy rates in the calendar year 2010" but most analysts do not see an actual interest rate rise until April. Thanks to its still mainly domestically focused economy, India has weathered the global downturn better than many of its Asian peers that fell into recession. (Sydney Morning Herald -- Business)
Schooling tax-credit scrutiny often lags Sep 21, 2009
The groups usually collect most donations near the end of the calendar year and spend them the following year ... "What I've said informally to these groups is it should be spent by the next calendar year," McNulty said, adding, "I think we would take a dim view of (hoarding).". (AZCentral -- News)
Good credit and solid documentation equal a solid mortgage Sep 20, 2009
Borrowers must review their credit report for errors (the three main credit reporting agencies provide one free report per calendar year). The agencies - Equifax, Experian, and TransUnion - must investigate a disputed item within 30 days of receiving a written request. (Boston Globe)
Medical groups say new BCBS rates to force cuts Sep 19, 2009
6 million in calendar year 2008, $71. 6 million in 2007 and $114 million in 2006. (Birmingham Business Journal, AL)
SP Setia beats sales target Sep 19, 2009
An analyst with OSK Investment Research also has a sell call on SP Setia as the stock was trading at a significant premium even to calendar year 2010 fair value ... 10, based on calendar year 2010 valuations. (The Star Online, Malaysia -- Business)