Not surprisingly, relocation tax rules are quite complex and require many payroll-servicing companies to outsource the job of tracking and accounting for relocation related expenses. Without carefully managing relocation expenses, companies often incur unnecessary payroll and tax burdens, or worse yet, may not be in compliance with IRS rules and...
PARSIPPANY, N.J. -- Realogy Corporation, a global provider of real estate and relocation services, today reported results for the third quarter of 2008. Specifically, the Company had third quarter 2008 net revenue of $1.3 billion, earnings before interest, income taxes, depreciation and amortization EBITDA of $129 million, and a net...
Expects $500,000 in Annual Savings: Will delist from Nasdaq on 10/2/2008. SYOSSET, N.Y. -- Synergy Brands, Inc. (NASDAQ:SYBR): Synergy Brands today announced that the Board has approved a relocation from Nasdaq to the OTCQX tier market and the deregistration of Synergy Brands. The Company...
Sales increase 17% to $25.1 million for the full year 2008 Company completes relocation of corporate headquarters and recognizes one-time, move-related expenses IRVINE, Calif., Sept. 18 /PRNewswire-FirstCall/ -- PRO-DEX, INC. today announced financial results for the full-year and fourth quarter ending June 30, 2008. ...
Level Global has leased the 27th floor of 888 Seventh Avenue. The financial firm, which will relocate from Lever House on Park Avenue, agreed to take the roughly 20,000 s/f space for rents around $130 psf. The deal came about as another tenant sought to shrink its presence...
MINISTERS were warned by their own advisers that a plan to trap and move sparrowhawks to stop them killing racing pigeons would be expensive, ineffective and illegal, the Sunday Herald can reveal. The birds of prey have a strong homing instinct, so would probably find their way...
BEIJING -- Only a couple weeks removed from toiling this summer for the Salt Lake Bees, Matt Brown went from minor-league baseball player to U.S. Olympian, getting relocated from the shadows of the Wasatch Front to the shadows of the Great Wall. Brown is staying in touch...
Byline: Stories by Irwin Speizer Corporations are adjusting to the weak U.S. real estate market without significantly scaling back on domestic relocations. Meanwhile, international moves are booming, with many employees at global companies bypassing stateside assignments. At Tenet Healthcare, housing assistance was typically among the last...
PASADENA, Calif. -- Unaudited consolidated net income of Wesco Financial Corporation (AMEX:WSC) and its subsidiaries for the second quarter of 2008 amounted to $21,573,000 compared with $27,761,000 for the second quarter of 2007. Unaudited consolidated net income for the first six months of 2008 was $42,290,000 compared with $50,344,000 for...
Cal Community Portfolio Grows 26 Percent: Not much of a credit crunch at Escondido-based California Community Bank, which said total loans increased $26.6 million, or 26 percent over the year ended June 30. Total assets at the four-office bank grew to $148.3 million, up 15 percent, while deposits...
NEW HAVEN, Conn. -- Proliance International, Inc. (AMEX:PLI) has reached a definitive agreement with its insurance company settling all damage claims resulting from tornadoes on February 5, 2008 that destroyed Proliance's leased distribution facility in Southaven, MS and required relocation to a new facility. The insurer agreed to...
GVA Williams New Jersey has released its second quarter 2008 market report, which provides an extensive analysis of conditions in the New Jersey office real estate market. According to GVA Williams New Jersey's research, compiled by Matt Dolly, director of research and marketing, New Jersey's office market is still performing...
Small and mid-sized tenants and the city of Newark are pockets of strength in an otherwise flat office market in New Jersey, according to Parsippany-based CVA Williams New Jersey's second-quarter 2008 market report, released last week. Small companies are fueling much of the demand in the state's office market....
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD NATS, a UK-based air traffic service provider, has issued its financial results for the year ended 31 March 2008. NATS Holdings Limited and its subsidiaries announced a turnover for the period of GBP742.5m, as compared to GBP701.2m in 2006/7, and...
The state Department of Corrections is hunting for a new home for its Colorado Springs-based central office -- and it wants its host to grease the move. The prison system's office houses 240 employees from its administrative and support services in a 65,000-square-foot building in southeast...
Law Enforcement Associates Corporation LEA(AMEX: AID), the largest U.S. developer and manufacturer of undercoversurveillance equipment, today reported financial results for its firstquarter ended March 31, 2008. Revenue increased 12% to $2.0 million from $1.8 million in the firstquarter last year. First quarter gross margin was 41% versus 44% in...
First Quarter 2008 Net Revenue of $1.05 Billion First Quarter 2008 EBITDA of $4 Million and Net Loss of $132 Million Senior Secured Leverage Ratio of 4.2x, Well Within 5.6x Allowable Ratio PARSIPPANY, N.J. -- Realogy Corporation, a global provider of real estate and...
Given the rapidly rising price of gasoline, not to mention the often mind-numbing commutes on Southern California freeways, interest in Wescom Credit Union’s vanpool program for its employees should be in the fast lane, right?“Not necessarily,” said Joe Schaeffer, the credit union’s senior vice president-planning and development. He said ridership...
Byline: Jessica Zigmond Any way you look at it, St. Joseph's Community Health Services in Hillsboro, Wis., is cornered. The hospital, located roughly 50 miles northwest of Madison, is bounded by state Highway 80 at the front and a lake...
PASADENA, Calif. -- Unaudited consolidated net income of Wesco Financial Corporation (AMEX:WSC) and its subsidiaries for the first quarter of 2008 amounted to $20,717,000 compared with $22,583,000 for the first quarter of 2007. The decrease in consolidated earnings resulted mainly from (1) an increase in operating expenses incurred...
Articles 2008-05-02
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