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RFMD posted a net income in accordance with generally accepted accounting principles (GAAP) of $14. 6 million for the quarter, compared to a net income of $4. (EETimes)
American Property Group looks to expand Oct 29, 2009
He says experience with accounting principles is a plus, but not required. It s great if you have a financial background, but it s not a deal-breaker, he says. (Charlotte Business Journal, NC)
Mercer International Inc. Reports Improved Pulp Prices Leading to Stronger 2009 Third Quarter Results Oct 29, 2009
Operating EBITDA is not a measure of financial performance under accounting principles generally accepted in the United States, and should not be considered as an alternative to net income (loss) attributable to common shareholders or income (loss) from operations as a measure of performance, nor as an alternative to net cash from operating activities as a measure of liquidity ... Operating EBITDA is not a measure of financial performance under accounting principles generally accepted in the... (Primezone Releases)
PDF Solutions(R) Reports Third Quarter 2009 Results Oct 28, 2009
In addition to providing results that are determined in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), PDF Solutions also provides certain non-GAAP financial measures that exclude the effects of stock-based compensation expense, amortization of acquired technology and intangible assets, restructuring charges, and their related income tax effects, as applicable. PDF Solutions' management believes that the presentation of these measures provides... (Primezone Releases)
Harris Corporation Reports First Quarter Results; Fiscal 2010 Guidance Increased on Strong Orders for Tactical Radios Oct 28, 2009
"We also received orders associated with the MRAP-ATV (mine resistant ambush protected all-terrain vehicle) program and are expecting significant additional orders in the second quarter."We have significantly increased our full-year fiscal 2010 guidance to reflect much higher than expected tactical radio orders from the U.S. Department of Defense and the positive impact on expected revenue and earnings," Lance said.Increased Earnings GuidanceThe company has revised its guidance for non-GAAP... (Yahoo! Wire -- Entertainment News)
Regulators launch probe into Apollo Group Oct 28, 2009
The company said that it will cooperate with the SEC and believes that its revenue recognition policies are appropriate and in accordance with generally accepted accounting principles. Co-Chief Executive Officer Greg Cappelli said the disclosure was included in the firm's 10K annual report, which is approved by its auditor, Deloitte. (AZCentral -- Business)
The Shuman Law Firm Announces the Filing of a Class Action Lawsuit Against Hansen Medical, Inc. Oct 27, 2009
Specifically, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company improperly recognized revenue; (2) as a result, the Company's revenue and financial results were overstated during the Class Period; (3) the Company's financial results were not prepared in accordance with Generally Accepted Accounting Principles; (4) the Company lacked adequate internal and financial controls; and (5), as a result of the above, the... (Primezone Releases)
Nalco Carbon Project Selected for New Department of Energy Advanced Research Funding Oct 27, 2009
Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, ability to execute price increases, business climate, business... (Primezone Releases)
Canfor Pulp Income Fund Announces Third Quarter 2009 Results Oct 24, 2009
The preparation of financial statements in conformity with Canadian generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts recorded in the financial statements ... The preparation of financial statements in conformity with Canadian generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts recorded in the financial statements ... These unaudited interim consolidated... (CCNMatthews Press Releases)
Bridge Bancorp, Inc. Reports Third Quarter 2009 Results Oct 24, 2009
As we approach our 100th anniversary in these uncertain economic times, we remain committed to the sound business principles that have served this Company well: conservative underwriting of loans to local customers and businesses, prudent management of risks, core community based funding and strong financial results delivered to our shareholders," concluded Mr. O'Connor. About Bridge Bancorp, Inc. Bridge Bancorp, Inc. is a bank holding company engaged in commercial banking and financial services... (Primezone Releases)
Broadcom beats Q3 estimates, but sees flat Q4 Oct 24, 2009
Third-quarter net income in accordance with generally accepted accounting principles was $84. 6 million, or 16 cents per share, Broadcom said, up from $13. (EETimes)
Interfor's Results Improve in 3rd Quarter Oct 23, 2009
The financial information contained in this MD&A has been prepared in accordance with Canadian generally accepted accounting principles ("GAAP") ... In February 2008, the Canadian Accounting Standards Board confirmed that Canadian generally accepted accounting principles ("Canadian GAAP") will be converged with International Financial Reporting Standards ("IFRS") for fiscal years commencing January 1, 2011 ... These interim consolidated financial statements do not include all disclosures... (CCNMatthews Press Releases)
Bucyrus International, Inc. Announces Summary Financial Results for the Quarter and Nine Months Ended September 30, 2009 Oct 23, 2009
The EBITDA calculation is not an alternative to operating earnings under accounting principles generally accepted in the United States of America ("GAAP") as an indicator of operating performance or of cash flows as a measure of liquidity. Additionally, EBITDA is not intended to be a measure of free cash flow for management's discretionary use, as it does not consider certain cash requirements such as interest payments, tax payments and debt service requirements. (Primezone Releases)
Somerset Hills Bancorp Reports 2009 Third Quarter and Nine-month Earnings; Declares Cash Dividend of $0.05 Per Share Oct 23, 2009
Factors which could have a material adverse effect on the operations of the Company and its subsidiaries include, but are not limited to, changes in interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services... (Primezone Releases)
Eagle Bancorp, Inc. Announces $2.1 Million 3rd Quarter Net Income Available to Common Shareholders and a 20% Decline in Nonperforming Assets in the 3rd Quarter Oct 22, 2009
1 million of nonperforming loans represent impaired loans acquired from Fidelity (58% of nonperforming loans) which in accordance with generally accepted accounting principles, are carried at fair value, without any allowance attributable to pre-acquisition deterioration. Adjusting for these impaired loans carried at fair value, the pro-forma coverage ratio of the allowance to nonperforming loans is 92. (Primezone Releases)
TriQuint misses analyst estimates Oct 22, 2009
Third-quarter net income in accordance with generally accepted accounting principles (GAAP) was $10. 5 million, or 7 cents per share, TriQuint said, up 169 percent compared to the second quarter but down 11 percent compared to the third quarter of 2008. (EETimes)
New German Coalition to Craft Special Debt Fund Outside the Regular Budget Oct 22, 2009
He said the plan violates basic accounting principles and is similar to the off balance sheet vehicles created by banks that contributed to the financial crisis, the Handelsblatt newspaper. The special fund is part of the budget and will be published in a transparent matter and of course it has to be repaid, Seehofer said. (Bloomberg -- Germany)
LodgeNet Reports Results for Third Quarter 2009 Oct 22, 2009
To supplement our consolidated financial statements presented in accordance with accounting principles generally accepted in the United States ("GAAP"), we use adjusted operating cash flow, and free cash flow, which are non-GAAP measures derived from results based on GAAP. The presentation of this additional information is not meant to be considered superior to, in isolation of, or as a substitute for, results prepared in accordance with GAAP. Adjusted operating cash flow is a non-GAAP measure... (Yahoo! Wire -- Entertainment News)
SanDisk beats expectations, profit grows Oct 21, 2009
SanDisk said its third quarter net income in accordance with generally accepted accounting principles was $231 million, or 99 cents per share, up from $53 million, or 23 cents per share, in the second quarter. In the year-ago quarter, SanDisk posted a GAAP net loss of $166 million, or 74 cents per share. (EETimes)
Flushing Financial Corporation Reports 2009 Third Quarter Earnings Increase of 65% to $0.33 Per Diluted Common Share; Core Earnings Increase of 3.7% to $0.28 Per Diluted Common Share Oct 21, 2009 First Cash Reports Record Third Quarter Earnings; EPS Growth of 21% Exceeds Estimates on Strong Revenues, Raising Full Year 2009 Guidance Oct 20, 2009 Northeast Bancorp First Quarter Results Show Increase in Net Earnings Oct 17, 2009 READ: Bank of American's press release Oct 17, 2009 Workstream Inc. Announces First Quarter Fiscal 2010 Results Oct 16, 2009 Glancy Binkow & Goldberg LLP, Representing Shareholders of UCBH Holdings, Inc., Announces There are 27 Days Remaining to Move for Appointment as Lead Plaintiff -- UCBH Oct 15, 2009 Destiny Media Preliminary Results Show Q4 Revenue Growth of Over 75% Over Prior Year and Doubling of Profit Before Taxes From Prior Quarter Oct 14, 2009 New Bloomfield audit reveals no major problems Oct 10, 2009 Amica Mature Lifestyles Announces First Quarter Results for Fiscal 2010 Oct 9, 2009 Firan Technology Group Corporation Announces Financial Results for the Third Quarter 2009 Oct 8, 2009 Premier Exhibitions, Inc. Reports Second Quarter Fiscal 2010 Results Oct 8, 2009 2009 Plaintiffs' Hot List: The Firms to Watch Oct 6, 2009 OceanFirst Financial Corp. and Central Jersey Bancorp Announce Shareholder Approvals of Proposed Strategic Combination Oct 6, 2009 Four-year drama over Calif millionaire's keyed car Oct 4, 2009 Sara Lee Receives Binding Offer of EUR1.275 Billion From Unilever for its Global Body Care Business Sep 25, 2009 Kendall Law Group Announces Shareholder Investigation Into CBS Corporation Sep 25, 2009 Comtech Telecommunications Corp. Announces Results for Fiscal 2009 Fourth Quarter and Full Year Sep 24, 2009 Triangle Capital Corporation Declares Cash Dividend of $0.41 Per Share Sep 24, 2009 Pinnacle Gas Resources, Inc. Receives Notification From NASDAQ Sep 22, 2009 Shareholder Class Action Filed Against Immersion Corporation by the Law Firm of Barroway Topaz Kessler Meltzer & Check, LLP Sep 19, 2009 Point.360 Announces Fourth Quarter and Fiscal 2009 Results Sep 19, 2009 Pet DRx Receives Notification From NASDAQ Regarding Non-Compliance With NASDAQ's Minimum Bid Requirement Sep 19, 2009 Bell Microproducts Announces Financial Results for the First and Second Quarters of 2009 and Files All Past Due SEC Reports Sep 16, 2009 Glancy Binkow & Goldberg LLP, Representing Shareholders of Huron Consulting Group, Inc., Announces There are 20 Days Remaining to Move for Appointment as Lead Plaintiff -- HURN Sep 16, 2009 CounterPath Reports First Quarter Fiscal 2010 Financial Results Sep 15, 2009 Majesco Entertainment Company Reports Third Quarter 2009 Financial Results Sep 15, 2009 Masco Corporation Announces Webcast of Presentations at Upcoming Investor Meeting Sep 12, 2009 Anchor BanCorp Wisconsin Inc. to Adjust First Quarter Results Based On Increased Loan Charge-Offs Sep 12, 2009 Bancolombia S.A. Announces Unconsolidated Results for the Month of August 2009 Sep 12, 2009 Has your opinion changed during the past few months about the health care debate? Sep 11, 2009 Harry Winston Diamond Corporation Announces Second Quarter Fiscal 2010 Results Sep 11, 2009 International Datacasting Corporation Announces Fiscal 2010 Second Quarter Results Sep 11, 2009 Budget: no surprises in 2010 Sep 10, 2009 Monsanto Shares 2010 Guidance, Outlook For Roundup(R) Sep 10, 2009 DNP Select Income Fund Inc. Section 19(a) Notice Sep 9, 2009 Political intrusion: Accountants greatest challenge - Director Sep 8, 2009 AU Optronics Corp. Reports August 2009 Consolidated Revenue Sep 8, 2009 New leaders dig ev3 out of the whole Sep 7, 2009 Ernst & Young quits as Corus auditor Sep 5, 2009 First Industrial Realty Trust Declares Preferred Stock Dividends Sep 4, 2009 Shareholder Class Action Filed Against Huron Consulting Group, Inc. by the Law Firm of Barroway Topaz Kessler Meltzer & Check, LLP Sep 4, 2009 Adept Technology Reports Fourth Quarter and Fiscal Year 2009 Results Sep 3, 2009 Take-Two Interactive Software, Inc. Reports Third Quarter Fiscal 2009 Financial Results Sep 2, 2009 Magma posts loss, amends tender offer Sep 1, 2009 Enseco Energy Services Corp. Announces Results for the Three Months Ended June 30, 2009 Sep 1, 2009 Delphi Announces Closing of Wapiti/Gold Creek Acquisition and Mailing of Takeover Bid Circular for Fairmount Energy Inc. Sep 1, 2009 Barroway Topaz Kessler Meltzer & Check, LLP Reminds All Tronox, Inc. Investors of September 8, 2009 Lead Plaintiff Deadline Sep 1, 2009 17,500 Canadians Cant Be Wrong Aug 29, 2009 Lukoil Q2 Net Profit Slides 44% on Lower Prices Aug 29, 2009 Perkins & Marie Callender's Inc. Reports Results for the Quarter Ended July 12, 2009 Aug 28, 2009 OMT Reports Results for Three Months Ended June 30, 2009 Aug 28, 2009 Magma Reports Revenue of $28.8 Million for First Quarter Aug 28, 2009 Buongiorno Group Results for H1 2009 Aug 28, 2009 TiVo Reports Results for the Second Quarter Fiscal Year 2010 Ended July 31, 2009 Aug 27, 2009 Painted Pony Announces June 30, 2009 Financial Results and Operational Update Aug 27, 2009 China Sky One Medical, Inc. Responds to Concerns Regarding Filed Financial Reports Aug 27, 2009 Nortek Reports 2nd-Quarter Results Aug 25, 2009 Accounting Implications of the Supreme Court Ruling in the Matter of the Merger of DBS Satellite Services Ltd. ("yes") Aug 24, 2009 IBERIABANK Announces Market Expansion Aug 22, 2009 The Hartcourt Companies, Inc. Agrees to Enter into Reverse Takeover with Sino- Canada Investment Group Inc. Aug 21, 2009 Nalco Mobotec Named Emissions Control Technology Company of the Year Aug 21, 2009 Mayflower Bancorp, Inc. Reports First Quarter Earnings and Payment of Dividend Aug 21, 2009 Microsemi Announces Settlement of DOJ Suit Aug 21, 2009 Arcan Resources Ltd. Announces Second Quarter 2009 and Updates Drilling Results Aug 20, 2009 Analyst sees upside for chip makers in HP results Aug 20, 2009
For a reconciliation of core earnings and core earnings per common share to accounting principles generally accepted in the United States ("GAAP") net income and GAAP earnings per common share, please refer to the tables in the section titled Reconciliation of GAAP and Core Earnings. Earnings Summary - Three Months Ended September 30, 2009. (Primezone Releases)
READ: The company's press release Oct 20, 2009
NON-GAAP FINANCIAL INFORMATION Gannett Co., Inc. and Subsidiaries Unaudited, in thousands of dollars (except per share amounts) In addition to the results reported in accordance with accounting principles generally accepted in the United States ("GAAP") included in this press release, the company has provided information regarding operating income, non-operating expense, income before taxes, net income, and diluted earnings per share ("EPS") excluding certain special items ... NON-GAAP FINANCIAL... (USA Today -- Money)
" Forward-Looking Information This release may contain forward-looking statements about the business, financial condition and prospects of the Company. Forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, can be identified by the use of forward-looking terminology such as "believes," "projects," "expects," "may," "estimates," "should," "plans," "targets," "intends," "could," or "anticipates," or the negative thereof, or other variations... (Primezone Releases)
"market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-14400", "open" : "", "close" : "", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000". Search for share prices. (Primezone Releases)
" Third-Quarter 2009 Business Highlights -- Average retail deposits in the quarter increased $93.0 billion, or 16 percent, from a year earlier, including the net impact of $72.1 billion in balances from Merrill Lynch and Countrywide. Excluding Countrywide and Merrill Lynch, retail deposits grew $20.9 billion, or 4 percent, from the year-ago quarter. -- Global Wealth and Investment Management was ranked No. 1 among U.S. wealth managers with more than 25 percent of the nation's top 100 financial... (USA Today -- Money)
Net loss for the period in accordance with accounting principles generally accepted in the United States, or GAAP, was $(359,882) compared to $(2,051,582) during the same period last year. Loss per common share for the quarter was. (Primezone Releases)
The Complaint charges the Company and certain of its current and former executive officers with violations of the Securities Exchange Act of 1934, among other things, and further alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) loan terms were inappropriately modified, including the extension of terms, the lowering of interest rates, and the improper use of interest reserve accounts to delay negative consequences; (2)... (Primezone Releases)
Factors that might cause or contribute to such differences include, but are not limited to: adverse changes in general economic or political conditions in any of the major countries in which Destiny does business, delays in development of Destiny's new products or major new versions of existing products, introduction of new products and business models by existing and new competitors, failure to successfully manage transitions to new business models and markets, failure to anticipate and develop... (Yahoo! Wire -- Entertainment News)
Like most small cities, the high personnel turnover of the New Bloomfield staff accounts for most of the misunderstandings in accounting principles, he said. The city's governmental funds section reported a total balance of 87,597 at the end of 2008. (Fulton Sun, MO)
EBITDA is not intended to represent cash flow from operations as defined by Canadian generally accepted accounting principles, and EBITDA should not be considered as an alternative to net earnings, cash flow from operations or any other measure of performance prescribed by Canadian generally accepted accounting principles. EBITDA of Amica Mature Lifestyles Inc. may also not be comparable to EBITDA used by other companies, which may be calculated differently. (CCNMatthews Press Releases)
04) (1) Operating Earnings (Loss) is not a measure recognized under Canadian generally accepted accounting principles ("GAAP"). Management believes that this measure is important to many of the Company's shareholders, creditors and other stakeholders. (CCNMatthews Press Releases)
This press release contains certain financial measures that are not prepared in accordance with GAAP (generally accepted accounting principles in the U.S.). Such financial measures are referred to herein as "non-GAAP" and are presented in this press release in accordance with Regulation G as promulgated by the Securities and Exchange Commission. (Primezone Releases)
"It was possible to look at a highly incriminating report and not know you had gold in your hand without some pretty sophisticated knowledge of accounting principles and practices," Friedman said. Less money but plenty of principle was at stake in litigation undertaken on behalf of an aging cadre of Mexican "braceros," laborers recruited to work in U.S. fields, beginning during World War II. Their employers withheld part of their wages, ostensibly to save it on the workers' behalf, but... (Law.com)
Factors which could have a material adverse effect on the operations of each Company and their subsidiaries include, but are not limited to, changes in interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows, competition,... (Primezone Releases)
Comptroller Tom DiNapoli says East Hampton town officials ignored basic accounting principles, spending more money than they had in the bank. The town issued $10 million in bonds to close a 2007-08 deficit, and $5 million more for additional shortfalls. (Fresno Bee -- State)
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)
The complaint also alleges that the Company's financial statements were not prepared in accordance with Generally Accepted Accounting Principles and were therefore materially false and misleading and that their balance sheet was not pristine. Their cash flow from operations was declining at a significant rate giving no reasonable basis for their positive statements. (Primezone Releases)
0% convertible senior notes are no longer outstanding, pursuant to our adoption, on August 1, 2009, of FSP Accounting Principles Board 14-1, "Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement)," we are required to adjust and retroactively present certain historical consolidated financial data and certain consolidated financial statements for fiscal 2005 through fiscal 2009. This historical information will be retroactively... (Primezone Releases)
When the Company declares and pays dividends, it determines the allocation of the distribution between current income, accumulated income and return of capital on the basis of accounting principles generally accepted in the United States ("GAAP"). At each year end, the Company is required for tax purposes to determine the dividend allocation based on tax accounting principles ... Due to differences between GAAP and tax accounting principles, the portion of each dividend distribution that is... (Primezone Releases)
Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following, general economic or industry conditions, nationally and/or in the areas in which we conduct our business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our... (PR Newswire)
More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that Immersion's revenue recognition procedures with respect to its Medical line of business were not in accordance with Generally Accepted Accounting Principles ("GAAP"); (2) that Immersion's reported revenue and earnings were overstated because of the Company's accounting irregularities; (3)... (PR Newswire)
"Results for the twelve months ended June 30, 2008 reflect the sum of the periods July 1-August 13, 2007 and August 14, 2007 (the date of the spin-off) to June 30, 2008. Results for the period July 1-August 13, 2007 have been carved out of Old Point.360 for comparative purposes.RevenuesRevenue for the quarter ended June 30, 2009 totaled $11.0 million compared to $11.4 million in the same quarter last year. Revenues for the twelve months ended June 30, 2009 were $45.6 million, up 1% from last... (Yahoo! Wire -- Entertainment News)
These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, the ability of the Company to successfully acquire, integrate and operate veterinary hospitals and clinics, requirements or changes affecting the businesses in which the Company is engaged, veterinary services trends, including factors affecting supply and demand, dependence on acquisitions for growth, labor and personnel relations, changing... (Primezone Releases)
In addition to the Company's condensed consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP, the Company is providing in this release supplemental non-GAAP net income (loss) and non-GAAP net income (loss) per share as compared to the corresponding financial measures prepared in accordance with GAAP.. The presentation of supplemental non-GAAP financial information, which is not prepared under any... (Primezone Releases)
The Complaint charges Huron and certain of its former executive officers with violations of the Securities Exchange Act of 1934, among other things, and further alleges that throughout the Class Period defendants failed to disclose material adverse information concerning Huron's business, operations and prospects, including that: (1) shareholders of four businesses that Huron acquired between 2005-2007 redistributed portions of their acquisition-related payments among themselves and to certain... (Primezone Releases)
Financial Results (All amounts in U.S. dollars and in accordance with accounting principles generally accepted in the United States ("GAAP") unless otherwise specified. Consolidated financial results include the financial results of NewHeights Software Corporation from August 2, 2007 and the financial results for FirstHand Technologies Inc. and BridgePort Networks, Inc., from February 1, 2008). (PR Newswire)
"Financial Highlights-- Third quarter 2009 net revenues for the U.S. were $15.3 million, an increase of $2.1 million or 15.9 percent compared to the same quarter last year. Third quarter 2009 international sales were $1.9 million, an increase of $0.6 million or 51.1 percent compared to the same period of 2008.-- For the nine months year-to-date, net revenues for the U.S. were $67.3 million, an increase of $24.3 million or 56.5 percent compared to the same period last year. International sales... (Yahoo! Wire -- Entertainment News)
Non-GAAP performance measures and ratios should be viewed in addition to, and not as an alternative for, the Company's reported results under accounting principles generally accepted in the United States. Additional information about the Company is contained in the Company's filings with the SEC and is available on Masco's Web site. (PR Newswire)
These factors include changes in general economic conditions, deposit flows, loan demand, asset quality, competition, legislation or regulation and accounting principles, policies or guidelines affecting reports filed with the Securities and Exchange Commission for financial and business information regarding Anchor BanCorp, including information which could affect Anchor BanCorp's forward-looking statements. Outcomes related to such statements are subject to numerous risk factors and... (Primezone Releases)
This information has been prepared in accordance with generally accepted accounting principles in Colombia and is stated in nominal terms. SOURCE Bancolombia S.A.. (PR Newswire)
Jon wrote on Sep 10, 2009 5:01 AM:" Mr. Obama has spoken...to congress...and us. During this speech he warns us about misrepresenting the "plan". Still not a lot of details about the "plan". I wonder what the real reasons are for Mr. Obama to provide health care to any illegal alien that can manage to gain access to our country?The administrations and GAO cost estimates for the "plan" are billions of dollars different. This doesn't surprise me at all because of the administrations past spending... (Klamath Falls Herald & News, OR)
This MD A is based on the Company's consolidated financial statements prepared in accordance with generally accepted accounting principles in Canada ("Canadian GAAP") and should be read in conjunction with the unaudited consolidated financial statements and notes thereto for the three and six months ended July 31, 2009 and the audited consolidated financial statements of the Company and notes thereto for the year ended January 31, 2009 ... Management is often required to make judgments,... (PR Newswire)
The presentation of this additional information should not be considered in isolation or as a substitute for results prepared in accordance with generally accepted accounting principles. EBITDA (earnings before interest, taxes, depreciation and amortization) is not a recognized measure under Canadian generally accepted accounting principles (GAAP), does not have standardized meaning, and is unlikely to be comparable to similar measures used by other companies. (CCNMatthews Press Releases)
For the sixth-straight year, the county earned the highest designation of "unqualified" audit opinion for complying with accepted accounting principles. Other than a significant increase in the highway department's sand and salt inventory (from $702,396 in 2007 to $1. (Chetek Alert, WI)
Ongoing EPS: The presentation of ongoing EPS is not intended to replace net income (loss), cash flows, financial position or comprehensive income (loss), and it is not a measure of financial performance as determined in accordance with generally accepted accounting principles (GAAP) in the United States. The following table reconciles ongoing EPS to the respective most directly comparable financial measure calculated in accordance with GAAP. Reconciliation of EPS to Ongoing EPS: Ongoing EPS is... (PR Newswire)
All amounts are expressed per share of common stock based on U.S. generally accepted accounting principles, which may differ from federal income tax regulations. Total % Breakdown of Cumulative the Total Distributions Cumulative Current % Breakdown for the Distributions Distribution of the Current Fiscal Year for the Fiscal ($) Distribution to Date ($) Year to Date -------------- -------------- -------------- -------------- Net Investment Income 0. (PR Newswire)
He explained that the accounts submitted must be prepared in accordance with generally accepted accounting principles and in accordance with any instructions issued by the Controller and Accountant-General in consultation with the Auditor-General. He said MDAs and other public institutions were mandated to keep an assets' register, which should provide comprehensive information about the status of government assets to demonstrate government's commitment to transparency and accountability for use... (Ghana Web, Ghana)
8%) (1) All figures are prepared in accordance with generally accepted accounting principles in Taiwan. (2) Monthly figures are unaudited, prepared by AU Optronics Corp. (3) Consolidated numbers include AU Optronics Corp., AU Optronics (L) Corporation, AU Optronics (Suzhou) Corporation, AU Optronics (Shanghai) Corporation, Tech - Well (Shanghai) Display Co., AU Optronics (Xiamen) Corp., Darwin Precisions (L) Corp., Toppan CFI (Taiwan) Co, Ltd., AU Optronics (Czech) s.r.o., Lextar Electronics... (PR Newswire)
In July, the Plymouth-based medical-device maker reported its first-ever quarterly profit 5 cents per share, excluding a tax benefit under generally accepted accounting principles (GAAP). The firm has wrapped up efforts to integrate , which it bought in late 2007. (Twin Cities Business Journal, MN)
The filing stated there were no disagreements between the auditor and Corus on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that would have caused Ernst to note them in its reports. No accountant is set to succeed Ernst at this time, the filing said. (Crain's Chicago Business)
Factors which could have a materially adverse affect on our operations and future prospects include, but are not limited to, changes in: national, international (including trade volume growth), regional and local economic conditions generally and real estate markets specifically, legislation/regulation (including changes to laws governing the taxation of real estate investment trusts), our ability to qualify and maintain our status as a real estate investment trust, availability and... (PR Newswire)
More specifically, the Complaint alleges that the Company failed to disclose and misrepresented the following material adverse facts which were known to defendants or recklessly disregarded by them: (1) that since 2006, the Company had improperly accounted for earn-out payments made in connection with four acquisitions; (2) that as a result, the Company had overstated its net income and earnings per share for the affected periods, and had understated its non-cash compensation expenses; (3) that... (PR Newswire)
Adjusted EBITDA should be considered in addition to, but not as a substitute for, other measures of financial performance reported in accordance with accounting principles generally accepted in the United States. For more information on our adjusted EBITDA, please see the table captioned "Reconciliation of GAAP Net Income (Loss) to Adjusted EBITDA (Loss)" included below. (Primezone Releases)
In addition to reporting financial results in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses non-GAAP measures of financial performance that exclude certain non-recurring or non-cash items. Non-GAAP gross profit, income (loss) from operations, net income (loss) and earnings (loss) per share are measures that exclude certain non-recurring or non-cash items and should be considered in addition to results prepared in accordance with GAAP. They are not... (Yahoo! Wire -- Entertainment News)
SAN FRANCISCO Magma Design Automation Inc. posted a loss in accordance with generally accepted accounting principles (GAAP) of $4. 3 million on revenue of $28. (EETimes)
Operating loss, EBITDA and cashflow are not recognized measures under Canadian generally accepted accounting principles ("GAAP"). Management believes that in addition to net earnings, operating loss, EBITDA and cashflow are useful supplemental measures as they provide an indication of the results generated by Enseco's primary business activities prior to consideration of how those activities are financed, amortized or how the results are taxed in various jurisdictions as well as the cash... (CCNMatthews Press Releases)
The release contains the terms "funds from operations", "funds from operations per share", "net debt", "cash operating costs" and "netbacks" which are not recognized measures under Canadian generally accepted accounting principles. The Company uses these measures to help evaluate its performance. (CCNMatthews Press Releases)
Barroway Topaz Kessler Meltzer , LLP Reminds All Tronox, Inc. Investors of September 8, 2009 Lead Plaintiff Deadline. Text hiding to spacing. (PR Newswire)
In the second place, the Enron fraud was based largely on its use of mark-to-market accounting principles, which were specifically approved by the government regulators at the Securities and Exchange Commission. So far from preventing the Enron fraud, the government regulators gave it the go ahead. (Atlanta Journal-Constitution -- Opinion)
Lukoil, 20% owned by ConocoPhillips (COP), said net profit from April to June under U.S. Generally Accepted Accounting Principles fell to $2. 32 billion from a net profit of $4. (SmartMoney)
Adjusted EBITDA is not a presentation made in accordance with U.S. generally accepted accounting principles and accordingly should not be considered as an alternative to, or more meaningful than, earnings from operations, cash flows from operations or other traditional indications of a company's operating performance or liquidity. The following table provides a reconciliation of net loss to adjusted EBITDA. (PR Newswire)
This review contains Management's discussion of the Company's operational results and financial condition, and should be read in conjunction with the consolidated financial statements for the six months ended June 30, 2009 and the associated notes, which were prepared in accordance with Canadian generally accepted accounting principles (GAAP) ... Since the long-term loans of $3,000,000 are held by principal shareholders, under Generally Accepted Accounting Principles (GAAP) the further extension... (CCNMatthews Press Releases)
In accordance with generally accepted accounting principles (GAAP), Magma reported a net loss of $(4. 3) million, or $(0. (Primezone Releases)
2 million) due to a change in the accounting principles of an Australian contract and the rationalization of the product portfolio ... 4%) due to the new terms of renewal of a relevant contract in Australia for online sales of phone air time, for which new accounting principles are net commissions only (and no longer the gross amount), and to the rationalization of the product portfolio, with the termination of those with negative or poor contributions, in particular those related to the... (Yahoo! Wire -- Entertainment News)
EBITDA and Adjusted EBITDA are not measures of financial performance under generally accepted accounting principles, which we refer to as GAAP. We have presented EBITDA and Adjusted EBITDA solely as supplemental disclosure because we believe they allow for a more complete analysis of our results of operations and we believe that EBITDA and Adjusted EBITDA are useful to investors because EBITDA and Adjusted EBITDA are commonly used to analyze companies on the basis of operating performance. In... (PR Newswire)
3 Net success rate 100% 90% 100% 95% ---------------------------------------------------------------------------- (1) This table contains the term "funds flow from operations", which should not be considered an alternative to, or more meaningful than "cash flow from operating activities" as determined in accordance with Canadian generally accepted accounting principles ("GAAP") as an indicator of the Company's performance. Funds flow from operations and funds flow from operations per share... (CCNMatthews Press Releases)
Stanley Hao, Chief Financial Officer of the Company, noted that "our financial statements, as filed with the SEC, on Form 10-K and 10-Q, are accurate and in compliance with generally accepted accounting principles.". About China Sky One Medical, Inc.. (PR Newswire)
EBITDA is not a measure of operating performance under U.S. generally accepted accounting principles ("GAAP") and should not be considered as an alternative or substitute for GAAP profitability measures such as operating earnings (loss) from continuing operations, discontinued operations, extraordinary items and net earnings (loss) ... EBITDA is not a measure of cash flow under U.S. generally accepted accounting principles ("GAAP") and should not be considered as an alternative or substitute for... (PR Newswire)
In accordance with generally accepted accounting principles, and in light of the ruling, the Company will cease to consolidate yes in its financial statements. As a result, the Company will record its investment in yes according to the equity method, based on the fair value of this investment on the date of cessation of consolidation. (PR Newswire)
The Company anticipates recording a significant one-time gain under FAS 141R in accordance with generally accepted accounting principles, the amount of which will be disclosed at a later date upon completion of additional review. -- Regulatory Capital Strength. (PR Newswire)
Important factors that could cause actual results or events to differ materially from the forward-looking statements, include among others: the number and percentage of Hartcourt stockholders voting for the transaction and the reincorporation; the preparation of Sino- Canada's historical financial statements required to be included in the Hartcourt proxy statement; the ability of the parties to satisfy the conditions to closing of the proposed transaction; changing principles of generally... (PR Newswire)
Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, ability to execute price increases, business climate, business... (Primezone Releases)
Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the Company's operations, pricing, products and services. Mayflower... (PR Newswire)
The potential risks and uncertainties include, but are not limited to, such factors as continued negative or worsening worldwide economic conditions or market instability, downturns in the highly cyclical semiconductor industry, intense competition in the semiconductor industry and resultant downward price pressure, inability to develop new technologies and products to satisfy changes in customer demand or the development by the company's competitors of products that decrease the demand for... (Primezone Releases)
Special Note Regarding Non-GAAP Measures - This press release contains financial terms that are not considered measures under Canadian generally accepted accounting principles ("GAAP"), such as "funds from (used in) operations". This measures is commonly utilized in the oil and gas industry and is considered informative for management and shareholders. (CCNMatthews Press Releases)
6 billion, or 67 cents per share, in accordance with generally accepted accounting principles (GAAP), down from $2 billion, or 80 cents per share, in the year-ago quarter, the company said. Non-GAAP operating profit was $3 billion, or 91 cents per share, up from 86 cents per share in the prior-year period, HP said. (EETimes)
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