> Cades Schutte The Cades Schutte Foundation Nonprofit Leadership Award Bay Clinic Inc. Nov 13, 2009
The Bay Clinic s operating budget this year is $11 million, which Strauss said is a break-even budget. It s up from last year s $9. (Pacific Business News, HI)
Green Packet CEO says losses are short term Nov 13, 2009
Puan said he expected Green Packet to return to the black in the second half of next year with PI targeted to break even (in terms of earnings before interests, taxes, depreciation and amortisation) by the first quarter of 2010. On the other pillar of Green Packets business the product and solution business which was currently profitable, Puan said he targeted shipments of customer premises equipment to overseas markets to increase to 1. (The Star Online, Malaysia -- Business)
Doug Parker to feds: Do not harm airline industry Nov 13, 2009
He also said airlines are making progress and noted some analysts are predicting the U.S. airline business could break even or even make a slight profit next year. He also said the industry is not looking for a bailout like the banking or auto industries. (New Mexico Business Weekly, NM)
Africa: Continent in the Global Carbon Trade Nov 13, 2009
"Initially, it will barely break even, so we are looking to the global carbon market and the city council for financial support," said Gubago. Conference delegates hoped the waste-to-electricity projects in South Africa and Botswana will be emulated by other countries on the continent in the near future. (allAfrica.com)
Shopping patterns changing at big centres Nov 13, 2009
Despite Myers float, department stores, which anchor all the centres, only scraped above break-even, with sales of 0. 6 per cent for the third quarter. (Sydney Morning Herald -- Business)
Winner(s) of $96.6M to be revealed Friday the 13th Nov 13, 2009
Economists trimmed the 2010 revenue forecast on Nov. 5 by $235 million, meaning the state must close a budget gap that's about $260 million to break even. There were 12 tickets that matched the first five numbers, but missed the Powerball. (Concord Monitor)
Democrats will soak the young Nov 12, 2009
The community rating means young New Yorkers get no price break even though they tend to be healthier and consume less medical care. The average price increase nationwide from community rating probably wouldnt be as stark as the difference between California and New York, but it would be significant. (Atlanta Journal-Constitution -- Opinion)
UEFA picks experts to monitor top clubs' finances Nov 12, 2009
Platini believes high spending on player transfers and salaries can't be sustained, and wants clubs to break even on football-related business by 2012. He has claimed support from billionaire owners Roman Abramovich from Chelsea and Italian Prime Minister Silvio Berlusconi of AC Milan. (SportsIllustrated.CNN -- Soccer)
SGS International posts 3Q profit Nov 12, 2009
8 million from break-even a year ago. The company said it benefited in the current year from retiring debt and controlling costs. (Louisville Business First, KY)
Trainer's heart and pockets not in game Nov 11, 2009
To break even, I need 25 horses in work all the time and over the last few weeks, I've had about 17 and that equates to an operating loss of about $6000 a week. That's blowing away a lot of money. (Sydney Morning Herald -- Sport)
RBNZ's Bollard Says High New Zealand Dollar May Harm Current Account Gap Nov 11, 2009
the nations largest campervan operator, said this week tourism spending remains weak and it expects to break even or post a loss in the six months ending Dec. 31. The recovery curve for tourism is still uncertain, Chairman told shareholders in Auckland yesterday. (Bloomberg -- Australia & New Zealand)
Hog farmers fall on hard times as economy, flu myth take toll Nov 11, 2009
Hog farmers need about 50 cents a pound to break even. Finally, last April, the H1N1 virus was first detected in people in the USA. It was called swine flu because it has genes from flu viruses that are typically found in pigs in Europe and Asia, says the. (USA Today -- Money)
* Government takes charge at THSRC Nov 11, 2009
In response to shareholders questions, Ou said the company needed more than 140,000 passengers per day to break even, from its current average of 87,000 passengers per day. He also addressed recent concerns about the companys highly paid foreign executives, some of whom he said have submitted their resignations in the wake of criticism over their high salaries. (Taipei Times, Taiwan -- World)
Williams: Big free agents unlikely Nov 10, 2009
" This philosophy espoused by Williams in regard to Matsui should pretty much be applied to any and all big-ticket free agents where the White Sox are concerned. At least that image was depicted by Williams during his 45-minute chat on the state of the White Sox and Major League Baseball's general economic climate. During a Friday conference call, Williams mentioned how the White Sox would spend whatever they had to break even, but there wasn't much there to spend. That idea was driven home... (MLB.com -- Chi White Sox White Sox)
1/28/09 - Pablo's great adventure: Pro tennis player from Marin seeks fame, fortune, funding By Jim Welte, Marin Independent Journal Nov 10, 2009
Although the tourneys have prize money, it's rarely enough to allow a player to break even on expenses. Even the most successful young player needs steady and hefty financial backing to keep traveling to the next tournament for weeks on end as they gain lessons learned and hopefully momentum. (Usfdons.com)
Symphony is back in black Nov 9, 2009
San Antonio Symphony management has projected that the organization will break even in fiscal year 2009-2010. But the symphony s projected gross revenues are expected to be closer to $5. (San Antonio Business Journal, TX)
Indie Film Shakeout: There Will Be Blood Nov 8, 2009
Lower sale prices aren't just a bummer for indie filmmakers; the prices also undercut the economics of American filmmaking, denying investors the sale price needed to just break even. Hope says that some sales do happen for less money, but they are not true business deals. (Time.com)
Tips for Accessing Credit Shared (2) Nov 8, 2009
Understand what the information is telling you, and know your cost of production and break-even level, he said, noting break-even is usually within a range rather than an absolute price. Producers simply must know when to pull the plug in terms of a commodity price at which they can make money and what they can really afford to pay for inputs. (Agri-View, WI)
House passes sweeping health bill Nov 8, 2009
This Congress is so reckless, it s like watching a drunk, broke gambler trying to double down to break even, said Representative Devin Nunes, Republican of California, complaining about the cost of the bill. With Democrats bickering over abortion, immigration, and other issues that threatened the fragile coalition for the measure, Pelosi spent days trying to cobble together the minimum 218 votes she needed from her 258-member caucus to pass it. (Boston Globe)
Money Matters: Recovery Nov 8, 2009
It was a little better than a break-even year. This year, Jespersen is looking just to break even. (Klamath Falls Herald & News, OR)
Social Security: Take less now or more later? Nov 8, 2009
One helpful exercise is to estimate the age in which you would break even. At some point down the road, you would be better off having delayed retirement so you could receive those larger benefits. (AZCentral -- News)
Distributors may step in for IPL theatre rights Nov 7, 2009
One does not plan to expect a full house from day one and if this happens it will only help the prospective rights holder to break-even from the first year. But the IPL is a sporting event which will definitely help the rights holder to break even faster than it happens in similar businesses, he said. (India Times)
On Broadway, 'Spider-Man's' greatest enemy is the budget Nov 7, 2009
Those expenses mean "Spider-Man" would have to sell out every show for as many as four years (a feat only a handful of Broadway shows ever manage) simply to break even, according to several people familiar with the production and its finances. The show has its devoted believers, led by Chicago lawyer David Garfinkle, who has been involved in the project from the start. (FOX59, IN)
America's carmakers: Rinsed and raring to go Nov 7, 2009
Since emerging from bankruptcy GM and Chrysler have reduced the level of annual sales at which they can break even from more than 16m to 10m. Assuming that neither loses much more market share, both should start making an operating profit next year. (The Economist)
Peak oil? Don't worry -- Obama's on the job Nov 6, 2009
Those figures suggest a break-even point of at least $60 dollars a barrel, and possibly more. A giant find it may be, but cheap oil, it ain't. (Salon)
School districts still await stimulus funds Nov 6, 2009
They took (money) away from other funds, so it s a break even. Smith was told the stimulus funds could be used for building improvements such as the district s plan to build some accessibility ramps and fix some doors to make them more accessible to students with disabilities. (Mattoon Journal-Gazette, IL)
Kan. Group Cuts Revenue Forecast $235M Nov 6, 2009
That means Democratic Gov. Mark Parkinson and legislators will have to trim as much as $460 million from the budget approved earlier this year to break even. The Kansas Constitution prohibits the state from ending a fiscal year in debt. (ABC News -- Wire)
Former JHSMH employee claims wrongful termination Nov 6, 2009
Preliminary year-end results showed a break-even from operations and a net non-operating and total net loss of nearly $80. 6 million for the year, the suit said. (Louisville Business First, KY)
Fiat model figures in Chryslers comeback plan Nov 5, 2009
He also expects Chrysler to break even in 2010 and report an operating profit of $5 billion in 2014. Chrysler's had $5. (MSNBC -- Business)
Life foray may send banks running for cover Nov 5, 2009
Life companies were supposed to break even in 7-8 years. But most companies are likely to take minimum 10-11 years. (India Times)
Toyota reports surprise profit, outlook bumpy Nov 5, 2009
But with sales in the key U.S. market still far below their peak, Toyota is aiming to boost manufacturing efficiencies to be able to break even using just 70 percent of its parent-only output capacity. Analysts expect capacity utilization to improve as Toyota exits a 400,000 units-a-year factory in California that it had held jointly with GM.. (Yahoo News -- Press Releases)
Home loan rate hike inevitable Nov 5, 2009
4%, it effectively takes banks at least two to three years to break even. The BLR now stands at 5. (The Star Online, Malaysia -- Business)
City hands over '10 athlete's village to Olympics Nov 5, 2009
"I would be surprised if we're anything beyond a break-even," Vancouver mayor Gregor Robertson said. Of the 1,100 units available, 737 will be available as condos, with the remaining used as affordable housing and rental properties. (SportsIllustrated.CNN -- More)
A Bold Plan for Chrysler Nov 5, 2009
who is also the CEO of Chrysler's controlling shareholder Fiat Group (), projected that will break even in 2010 and will make $5 billion in operating profit in 2012. He expects Chrysler to more than double its sales, from 1. (BusinessWeek)
Viacom: 'Beatles' sales strong, but 'Rock Band' growth is slow Nov 5, 2009
The media giant's chief financial officer, Tom Dooley, says Rock Band could break even or generate a small profit in the fourth quarter, depending on "how many units we sell in the holiday season.". The Beatles: Rock Band sold 595,000 copies across three platforms in its September debut, from the NPD Group. (USA Today -- Tech)
New Chrysler Lays Out Five-Year Plan Nov 5, 2009
He also expects Chrysler to break even in 2010 and report an operating profit of $5 billion in 2014. A federal report earlier this week said that Chrysler and General Motors Co. are unlikely to pay back their loans in full. (Fox News)
Mortgage rates start to climb Nov 4, 2009
With the price war for mortgage products, it was taking the banks at least three years to break even. Thats why they have the five-year lock-in period in order to reap some profit, she said. (The Star Online, Malaysia -- Business)
OUR VIEW: Rosebud Theatre patrons deserve better treatment Nov 4, 2009
The Question wrote on Nov 3, 2009 8:03 PM:" It's a real shame the theater is closing but I don't see that management and investors should be punished and ridiculed further by the newspaper or commenters here.---No, what's a real shame is that they are cheating their patrons out of season ticket prices. The people who opened the theater should have known it takes YEARS of financial losses to get a chancy, expensive proposition like a theater to break even. Couple that foolishness with their... (Mattoon Journal-Gazette, IL)
Hutchinson Tech rallies after 4Q results Nov 4, 2009
Hutchinson Technology officials say those actions paid off, allowing it to operate at close to break-even as fourth-quarter sales, at $103. 2 million, were less than the $164. (Twin Cities Business Journal, MN)
Ford surprises with net of nearly $1b Nov 3, 2009
Its profit forecast for 2011 was a step above previous guidance of break-even or better for the year. Excluding one-time items, Ford earned 26 cents per share, blowing away analysts expectations of a loss of 12 cents. (Boston Globe)
Business Connection: Managing by numbers Nov 3, 2009
In this toolkit, you will find a collection of resources to help you understand the components of financial statements, calculate your break-even point and make decisions on analyzed financial data. Each toolkit has three components. (Ontario Argus Observer, OR)
Ford Posts Surprise Profit Nov 3, 2009
DETROIT (Reuters) - Ford Motor Co posted a $1 billion quarterly profit on Monday, defying Wall Street forecasts of a loss, as it cut costs and gained market share, leading it to raise its 2011 outlook to "solidly profitable" from break-even. Ford's shares surged 8 percent as the surprising profit and increased outlook overshadowed news that the United Auto Workers union rejected a tentative cost-cutting deal with the automaker that would have brought its labor costs in line with U.S. rivals. (ABC News -- Wire)
Pellet Stoves Nov 3, 2009
But even still, it'll take years to break even. "No matter what you normally heat with a pellet stove could take years to pay for itself, even after the tax credits, when you factor in purchase and installation costs," says Bob Markovich. (W-USA News, DC)
Ford Posts $1 Billion Profit Nov 3, 2009
Previously the automaker said it would be break-even or better. Shares of Ford, the only Detroit automaker to dodge government aid and bankruptcy protection, rose 50 cents, or 7. (CBS News)
Lower Your Taxes: 10 Moves to Make Now Nov 3, 2009
Schlesinger says paying points can make sense if you plan to keep the house at least beyond the break-even point - what you get by dividing the cost of the point by the monthly payment savings for paying it. If one point equals $1,000 and reduces your payment by $15, the breakeven point is just over 66 months ($1,000 divided by 15). (CBS News)
GAO: Taxpayers Won't Recoup $80B Car Loans Nov 3, 2009
The concluded that General Motors Co. and Chrysler Group LLC likely won't be valuable enough for the Treasury Department to break even on its investment in the two auto companies that went though bankruptcy earlier this year. The GAO also revealed that the Obama administration is closely scrutinizing the finances of GM and Chrysler and has set some requirements on production even though it has said it will maintain a hands-off approach on the automakers' daily operations. (CBS News)
Subang city airport hopes passenger traffic will rise Nov 3, 2009
It will break even and even make profit at some point in its journey as we will continue to focus on the turboprop and corporate aviation business, Ravindran said. It was earlier reported that Subang SkyPark expects to generate a revenue of between RM6mil and RM7mil in the first 12 operating months. (The Star Online, Malaysia -- Business)
Ford posts surprise earnings, sees solid profit rise Nov 3, 2009
He said the current positive results have allowed Ford to change its guidance for the full year 2011 from being "break even or better" to "solidly profitable" on a pre-tax basis. But he cautioned that it was too soon to predict how the automaker would fare next year due to uncertainties about the strength of the economic recovery. (Yahoo! Asia News)
St. Joe Co. weathers recession by thinking big Nov 3, 2009
Under an agreement between the company and the airline, St. Joe will cover fuel costs if Southwest fails to break even on ticket purchases during the first three years. The company and the airport will pay up to $14 million the first year and $12 million the second year. (The Augusta Chronicle)
Maine health insurance legal battle Nov 1, 2009
5 percent request "excessive, inadequate and unfairly discriminating." She said her decision was based on the current economic downturn combined with Anthem's overall strong financial health and profitability in the state as reason why it could absorb the "break even" 10. 9 level. (Seacoast New Hampshire)
Weyerhaeuser breaks even in 3Q on timberland sale Nov 1, 2009
Weyerhaeuser's break-even results in the third quarter, which were also helped by a $74 million federal tax credit, compared with net income of $280 million, or $1. 33 per share, in the third quarter of 2008. (Yahoo News -- Press Releases)
Weyerhaeuser loses $56M in Q3 Nov 1, 2009
With those gains and charges, the company reported a break-even third quarter. This recession continues to affect our financial performance, said Dan Fulton, president and CEO, in a statement. (The Business Journal of Portland, OR)
Know your financial forms Nov 1, 2009
Get information on education programs that could help you increase your earning power. Search hundreds of franchises and business opportunities to find the one that is right for you. (The Clarion-Ledger)
World's Largest Cruise Ship Sets Sail Oct 31, 2009
How many voyages must it take to just break even on the cost ... How many voyages must it take to just break even on the cost ... the number of voyages to break even is likely less than a smaller ship. (CBS News)
Bernie Marcus, Dan Cathy back launch of new Malizia Clinic Oct 31, 2009
The clinic will initially provide 5 percent charity care, though that percentage will bump up to at least 7 percent as the center nears break-even in the next few years. The Malizia Clinic is about developing a new way of taking care of patients, said Marcus, co-founder of and benefactor of the. (Atlanta Business Chronicle, GA)
Pirates to swap Class A teams with Reds Oct 30, 2009
The FSL is not known as a profitable league, playing a 140-game schedule in Florida spots without as many summertime tourists or residents, but Coonelly said, "If you break even, you will be doing better than a majority of the Florida State League teams.". Lights added to historic McKechnie Field two years ago allow for a swap that the Pirates couldn't bring to fruition in 2008, when they signed another two-year affiliation deal with Lynchburg, their high Class A partner for 15 years. (Pittsburgh Post-Gazette, PA -- Sports)
Moto's phone business finding its legs Oct 30, 2009
After slashing expenses, including nearly 10,000 jobs in the past year, Schaumburg-based Motorola on Thursday said it eked out a 1-cent profit in the third quarter, slightly ahead of the break-even performance Wall Street analysts had forecast. It expects to earn 7 cents to 9 cents per share in the fourth quarter. (Crain's Chicago Business)
Fort Myers-based NeoGenomics expands staff Oct 30, 2009
The company expects to break even or post a modest loss in the fourth quarter before posting a profit in the first quarter of 2010, chief financial officer Steve Jones said. General and administrative expenses increased $626,000 or 34 percent, primarily due to an increase in management personnel. (The News-Press -- Business)
Katzenberg: A Front-Row Seat at the Movies Oct 30, 2009
There are reports that it will not break even. More important. (BusinessWeek)
Kennametal posts 1Q loss of $9.8 million Oct 30, 2009
For its second quarter of fiscal 2010, Kennametal expects sales to be 20 to 25 percent lower than the previous year, and earnings-per-share to be break even, according to the earnings release. Most Read Stories. (Pittsburgh Business Times, PA)
Ford May Narrow Loss as Mulally Seeks to Keep U.S. Market-Share Momentum Oct 30, 2009
He projects reaching break-even or an operating profit by 2011. Next year is all about delivering the goods, said , president of McGinn Investment Management of Alexandria, Virginia, which owns about 320,000. (Bloomberg -- US)
Flight Centre first-quarter results beat expectations Oct 29, 2009
"The business is budgeted to break-even over the full year, but of course, this will depend on market conditions.". AAP. (Sydney Morning Herald -- Business)
Green China: The price of cleanliness Oct 29, 2009
Even with this, he says, the plant will at best break even. A CDM project report estimates that it costs 50% more to generate electricity at a plant like Taiyanggong than it does at an equivalent coal-fired facility. (The Economist)
Jet Airways flies into red zone Oct 28, 2009
This has pushed the break-even seat factor to 104% from 77 ... 66 this quarter and break-even seat load factor increased 800 basis points to 44. (India Times)
Economist: Local unemployment to start falling dramatically in second quarter of 2010 Oct 28, 2009
And no one starts a business to just break even. Noah. (Atlanta Journal-Constitution -- Business)
