Cash flow is the life blood of any business, and a core indicator of an enterprise’s financial health and viability. While not a failsafe way to appraise performance, cash flow is as good a barometer as any to quickly judge the financial performance of an entire company, an operating unit,...
U.S. producers will increase their domestic spending from $78 billion in 2007 to $81 billion in 2008 (up 3.5%), according New York-based Lehman Brothers' annual spending survey. Most of the increased spending will target oil, given the continued uncertainty surrounding gas prices. "We believe that spending in the U.S. may...
The current U.S. economic crisis is findingits way into every corner of the U.S. economy including the private jetbusiness. In recent weeks Aviation International News and otheraviation industry publications have reported that at least one private jetcard program has been suffering from serious cash flow problems. It is...
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Nucor Corp. (NYSE: NUE), Nordstrom, Inc. (NYSE: JWN), Ultra Clean Holdings,...
The Consumers' Waterheater Income Fund (the "Fund") (TSX: CWI.UN) announced today a cash distribution of $0.1075 per unit for the month of August 2008. The distribution will be payable on September 30, 2008 to unitholders of record at the close of business on August 29, 2008. About The Consumers' Waterheater...
NEW YORK -- Fitch Ratings has affirmed five classes of notes issued by Hamlet II, Ltd./LLC Hamlet II. The following rating actions are effective immediately: --$137,900,000 class A-1 senior secured floating-rate notes at 'AAA'; --$210,000,000 class A-2a senior secured floating-rate notes at 'AAA'; --$37,100,000...
Chesswood Income Fund (the "Fund") (TSX: CHW.UN), today announced that its Board of Trustees has adopted a new distribution policy effective with the last quarter of 2008. Given the prolonged nature of uncertainty in the U.S. financial services market and the resulting challenge the Fund faces in forecasting future cash...
NORDIC BUSINESS REPORT-20 August 2008-Norwegian oil and gas company DNO International ASA reports Q2 operating profit of NOK125.3mC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian oil and gas company DNO International ASA (OSE: DNO) issued on Wednesday (20 August) its report for the second quarter, posting an operating profit of...
SAN FRANCISCO -- Summary of Operating Results IA Global, Inc. (Amex:IAO) announced the following consolidated results for the three months ended June 30, 2008, as compared to the three months ended June 30, 2007: * Revenues increased 257% to $19,688,708 up from $5,514,790. *...
Brinx Resources (OTCBB: BNXR) (the"Company" or "Brinx") provides this update on operations, production, andoil-field development plans. Field operations have recently commenced in the Belmont Lake Oil Field inMississippi after interruptions due to the unusually severe flooding of theMississippi River from January to July 2008. The Company is pleased toreport that...
Researched by Industrial Info Resources(Sugar Land, Texas) -- Energy Future Holdings EFH (Dallas, Texas),formerly TXU Corporation, posted net income losses of $3.33 billion for thesecond quarter and losses of $4.6 billion for the first six months of 2008.These losses, however, are primarily due to EFH's long-term hedgingstrategies in the natural...
Restaurant Never Gained Traction since Opening MINNEAPOLIS -- Granite City Food & Brewery Ltd. (Nasdaq:GCFB) a Modern American upscale casual restaurant chain today announced the closing of its Rogers, Arkansas location. The company has not previously closed a restaurant. The company expects the closing of the location will...
* Third quarter net revenue up 10%, or $2.7 billion, from a year earlier to $28.0 billion * Third quarter GAAP operating profit up 20% to $2.5 billion; $0.80 earnings per share, up from $0.66 a year earlier * Third quarter non-GAAP operating profit up 20%...
WEST PALM BEACH, Fla. -- ION Media Networks, Inc. (the "Company" or "ION") announced today its financial results for the quarter ended June 30, 2008. ION's broadcast cash flow for the quarter ended June 30, 2008 was $4.1 million compared to $15.4 million in the second quarter of...
Annual Revenue and Gross Margins Increase Annual Cash Flow from Operations of Over $7.5 Million ATLANTA -- Concurrent (Nasdaq: CCUR), a worldwide leader in real-time Linux[R]-based computing technologies, today announced its results for the fourth quarter and fiscal year ended June 30, 2008. Fiscal Year 2008...
MINNEAPOLIS -- Cargill today reported earnings from continuing operations of $744 million in the 2008 fourth quarter ended May 31, up 18 percent from $628 million in the same period a year ago. A $310 million gain on the sale of discontinued operations brought fourth-quarter net earnings to $1.05 billion....
Users always know their financial status - requires just minutes a week to maintain. TROY, Mich., Aug. 19 /PRNewswire/ -- Billhighway.com is delivering to its nonprofit customers something no one else is -- true cash accounting 24-hours a day from anywhere on the planet. Billhighway.com's unique financial...
Silverstone Resources Corp. ("Silverstone") (TSX VENTURE: SST) announces its financial results for the second quarter ending June 30, 2008. For the three months ended June 30, 2008, Silverstone recorded net earnings of US$3.7 million and record operating cash flows of US$3.8 million or US$0.03 per share. Overview and Highlights -...
Fortuna Silver Mines Inc. (TSX VENTURE: FVI)(BVL: FVI) reports it has filed its financial statements for the six months ended June 30, 2008. The financial statements are available on SEDAR and have been posted on the Company's website at www.fortunasilver.com . Second quarter 2008 highlights: - Net income of...
DALLAS -- Bald Eagle Energy Inc. (OTCBB:BEEI) (hereafter "Bald Eagle") is pleased to announce that it has received positive feedback in a new third-party petroleum geologist's report completed on May 12, 2008 by LAPP Resources Inc. Authored by LAPP President, David W. Lappi, the report assessed Bald Eagle's six Alaskan...
Articles 2008-08-18
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