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- White River Capital, Inc. Announces Estimated Net Operating Earnings of $1.3 Million to $1.5 Million for the Third Quarter of 2008; Takes Action Regarding Goodwill Value
- INDIANAPOLIS -- White River Capital, Inc. (AMEX: RVR) ("White River") today announced estimated net operating earnings for the third quarter of 2008 of between $1.3 million and $1.5 million, or $0.33 and $0.38 per diluted common share. Net operating earnings do not include a pre-tax, non-cash write-off of $34.5 million...
- Research articles 2008-10-21
- HSBC profits rise despite $3.2 bln write-off
- LONDON AFP — Global bank HSBC said Monday that first-quarter profits climbed, despite writing off an additional 3.2 billion dollars (2.07 billion euros) from its exposure to the US subprime housing market slump. "HSBC has made a strong start to the year despite the turbulence in global financial markets....
- Research articles 2008-05-12
- Bennett Environmental Inc. ("BEI") Reports Fourth Quarter and 2007 Year End Results
- Bennett Environmental Inc. (TSX: BEV) (the "Company" or "BEI") today announced its financial results for the year ended December 31, 2007 and the results for the fourth quarter 2007. In commenting on the results for 2007, Christopher Wallace, Chairman of the Company indicated that "While we as shareholders and...
- Research articles 2008-04-14
- RBS continues to perform.
- TIP UPDATE: The worst is over in terms of write-downs, leaving the shares absurdly cheap. John Adams As expected, Royal Bank of Scotland's RBS profits were hit by GBP2.14bn of treasury related write-offs, including GBP978m from newly acquired ABN Amro, which was higher...
- Research articles 2008-02-28
- FTSE weaker.
- Shares drift lower on fresh banking worries. Jonas Crosland Leading shares have drifted lower this morning in very quiet trading. Volume is about half the daily average at GBP681m as a result of many operators taking time off for school half-term. By lunchtime, ...
- Research articles 2008-02-11
- NRA praises bipartisan $150b stimulus legislation
- WASHINGTON -- Foodservice industry advocates are praising the $150 billion economic stimulus bill agreed upon by President Bush and House of Representatives leaders late last month, saying it could help the industry's top and bottom lines. Under the agreement, individual taxpayers would receive up to $600 in rebates, working...
- Research articles 2008-02-04
- Don't write off the Williams sisters, warns Venus
- MELBOURNE AFP — Venus Williams vowed Wednesday that she and sister Serena would bounce back, warning it would be a mistake to think their era is over after a disappointing Australian Open. The American six-time Grand Slam champion was sent crashing out of the tournament in the quarter-finals by...
- Research articles 2008-01-22
- Credit Suisse banking group faces further write-offs: report
- ZURICH AFP — Credit Suisse faces a fresh assets write-off of 2.5 billion Swiss francs (1.5 billion euros, 2.3 billion dollars) from the US sub-prime crisis, Sonntag newspaper reported Sunday. The second largest Swiss bank behind UBS has so far limited its assets write-down to 2.2 billion Swiss francs,...
- Research articles 2008-01-06
- Commentary: Financial planner: Check IRS rules on charitable
- While giving charitable donations gives big-hearted donors the warm fuzzies, it's also important to have a solid understanding of the IRS rules on donation documentation. Because while donating to a charity is a generous thing to do, if you don't understand the rules, you'll pay the price in taxes due...
- Research articles 2007-12-18
- World stocks slide as US rate cut hopes fade
- NEW YORK AFP — World stock markets were roiled Monday by worries that resurgent US inflation would reduce the chances for another Federal Reserve interest rate cut to shield the economy from a credit crunch. Wall Street shares fell sharply in the wake of a sea of red on...
- Research articles 2007-12-17
- Citigroup may have to writeoff 15 bln dlrs: report
- NEW YORK AFP — US banking titan Citigroup may have to write off 15 billion dollars in soured investments including mortgage losses in coming months, a report by Goldman Sachs predicted Monday. Citigroup, America's second-largest bank by market worth, is already reeling from its exposure to the US housing...
- Research articles 2007-11-19
- Bear Stearns slashes subprime exposure, to write off 1.2 bln dlrs
- NEW YORK AFP — Bear Stearns said Wednesday it had slashed its exposure to the US subprime credit crisis and would write off some 1.2 billion dollars in the fourth quarter in mortgage-related investments. The Wall Street investment bank said its exposure to collateralized debt obligations -- complex vehicles...
- Research articles 2007-11-14
- Don't write off McClaren, Venables tells FA
- LONDON AFP — England number two Terry Venables on Saturday urged the Football Association FA not to be too quick to write off manager Steve McClaren. McClaren has been under fire after England's 2-1 defeat to Russia in Moscow on Wednesday leaves them in danger of missing out on...
- Research articles 2007-10-20
- Ramirez returns to roots
- CLEVELAND -- Manny Ramirez yelled across the Boston Red Sox clubhouse before the American League Championship Series started and asked reserve infielder Royce Clayton for his Social Security number. Clayton remembers looking at him as if he were crazy. "My Social Security number?" Clayton said in...
- Research articles 2007-10-15
- Don't miss these business deductions
- Check out each of these practice expense categories for increased write-offs.Sorting through that pile of checks you wrote last year to keep your practice going takes effort, but your reward will be extra tax savings. Here's a rundown of good places to hunt for deductible expenses you might otherwise overlook,...
- Research articles 2007-03-02
- Chinese FM in Benin on seven–stop Africa tour
- COTONOU AFP — China's foreign minister signed a string of accords in Benin, officials said, as part of a whistle-stop tour of seven African nations as Beijing bolsters economic ties on the continent. Li Zhaoxing agreed to write off debt, to grant a new 30 million yuan (2.9 million euro,...
- Research articles 2007-01-01
- Kuwait parliament rejects loan write–off
- KUWAIT CITY AFP — Parliament has overwhelingly rejected draft legislation calling on the state to write off billions of dollars in personal loans taken out by Kuwaiti nationals. Thirty-nine MPs, including 15 cabinet ministers, voted against the bill, 20 voted in favour while four others abstained Tuesday. The government estimated...
- Research articles 2006-12-19
- Bad debts cost WA $20m in 2 years.
- Byline: Keryn McKinnon Nov 16, 2006 (The West Australian - ABIX via COMTEX) -- Tax debts of more than $A20m were written off by the Western Australian WA Government in 2004-05 and 2005-06. The amount was $A8.1m in 2004-05, rising to $A12.2m in...
- Research articles 2006-11-16
- Upcoming filing season to be fraught with problems.(FILING SEASON)
- The upcoming filing season is going to be fraught with problems. Congress is to blame. Before adjourning for the Nov. 7 elections, lawmakers failed to extend several tax write-offs that expired after 2005, including those for sales taxes, college tuition and teachers' supplies....
- Research articles 2006-11-17
- Ferguson refuses to write off Liverpool
- MANCHESTER, England AFP — Manchester United manager Alex Ferguson insists Liverpool can still win the Premiership even though their deadly rivals are 11 points adrift of the top of the table. Ferguson is adamant that Liverpool cannot be written off as title challengers despite a costly 2-0 defeat against leaders...
- Research articles 2006-10-22
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