PennantPark Investment Corporation Announces Financial Results for Quarter and Year Ended September 30, 2009 Nov 19, 2009
Net Unrealized Appreciation (Depreciation) on Investments, cash equivalents and credit facility. Net change in unrealized appreciation (depreciation) on investments and cash equivalents totaled $32 ... Net change in unrealized depreciation on credit facility totaled $(3. (Primezone Releases)
Firstfolio shares soar on $6b loan-buy talks Nov 19, 2009
" Firstfolio has secured a long term $25 million funding facility to fund its further growth, with Welas Pty Ltd. Mr Forsyth said the company's growth strategy involved establishing exclusive mortgage and financial services arrangements with brands such as AV Jennings. The Xplore acquisition offers exclusive access to the Amway network in Australia. The company has provided 2010 financial year earnings before interest, taxes, depreciation and amortisation guidance in the range of $10 million to... (Sydney Morning Herald -- Business)
China Regulator Blames Bubble on U.S. Nov 19, 2009
The continuous depreciation in the dollar, and the U.S. governments indication that, in order to resume growth and maintain public confidence, it basically wont raise interest rates for the coming 12 to 18 months, has led to massive dollar arbitrage speculation, said Liu, who is chairman of the China Banking Regulatory Commission. Fed Chairman Ben Bernanke has said rates will stay low for an extended period until economic recovery is fully underway. (Newsmax)
Page Inds: Stock trading at an all-time high Nov 19, 2009
Though interest and depreciation costs rose at a CAGR of 54%, the growth in net profit was still a robust 68% during the period. Though the stock is trading at its all-time high, at the current market price its P/E at 22. (India Times)
Imbalances That Strain the Euro Zone Nov 19, 2009
Although the use of a common currency removes the risk of a sudden currency depreciation causing the value of foreign debt to soar, the repayment will still represent a transfer of wealth and income out of the country to investors elsewhere. In the first half of 2009, the imbalances within Europe have begun to decline. (BusinessWeek)
Vivo's Price Target Raised 20% at Santander as It Closes Gap With Rivals Nov 19, 2009
The growth rate estimate for the companys earnings before interest, taxes, depreciation and amortization was increased to 18 percent from 7. 7 percent, it also said. (Bloomberg -- Latin America)
Obama's China Visit Yields Little Progress Nov 18, 2009
China's top banking regulator weighed in on Nov. 15, the day of Obama's arrival in Shanghai, saying that dollar depreciation, plus Washington's unwillingness to raise interest rates, was and property markets and putting economic recovery at risk. The U.S. policy is creating "new, real, and insurmountable risks to the recovery of the global economy, especially emerging-market economies," China Banking Regulatory Commission chairman Liu Mingkang said in Beijing. (BusinessWeek)
Dollar Woes Are Good News for Europe's Markets Nov 18, 2009
In Europe, the dollars depreciation is often presented as a threat ... For Europe and much of the rest of the world, the depreciation of the dollar is an opportunity to strengthen its own economy. (Bloomberg -- Columnists)
China Faces Dangers of Asset Bubbles as Economy Expands, PBOC Adviser Says Nov 18, 2009
Chinas top banking regulator, said the day before that low U.S. interest rates and the dollars depreciation present new, real and insurmountable risks to the recovery of the global economy. . (Bloomberg -- Asia)
The unique reasons why some companies list Nov 18, 2009
Not only did GrameenPhone offer itself to be owned by at least 350,000 Bangladeshis (See previous commentary, The GrameePhone example, StarBiz, Nov 6, 2009), it also made the public offering at a very cheap price of 70 Bangladesh taka a piece, valuing the shares at three times GrameenPhones Ebitda (earnings before interest, tax, depreciation and amortisation). No wonder the shares soared to almost three times its price on its debut on Bangladeshis stock exchange on Monday. (The Star Online, Malaysia -- Business)
The Better Ghana Agenda: So Far, So Better Nov 18, 2009
The effect of this excess expenditure was the rapid depreciation of the Cedi against the currencies of our major trading partners during the first quarter of 2009 ... The depreciation of the Cedi has been halted ... But by the end of June the depreciation is only 0. (Ghana Web, Ghana)
Bovespa Rises to 17-Month High on Faster Growth Outlook, Mexico Advances Nov 18, 2009
Therell be natural forces towards the depreciation of the currency. . (Bloomberg -- Latin America)
* Fed seeking to ensure strong US dollar Nov 18, 2009
Without stronger language from the central bank, the door may be open to further dollar depreciation, Brusuelas said. On Sunday, Chinas chief banking regulator warned that persistently low US interest rates and a declining dollar were seriously affecting asset prices and threatening the global economic recovery. (Taipei Times, Taiwan -- World)
US inflation tame as industrial output growth slows Nov 18, 2009
These fears have been heightened by the US dollar's 15 per cent depreciation against a basket of currencies since mid-March. Fed Chairman Ben Bernanke said on Monday the central bank was monitoring the US dollar's fall, but that economic slack and tame inflation expectations should keep price rises in check. (Sydney Morning Herald -- Business)
Simon Property Mulls Buying General Growth Mall Assets With Lazard Hiring Nov 18, 2009
Between now and the end of February, Simon has no standing in the bankruptcy court and its only when General Growth gets much farther into the process of refinancing its secured debt and its unsecured debt and its claims on the equity " before Simon might be able to bid, Sullivan said. Logical Buyer Simon Property has been raising money through debt and equity sales and preserving capital by paying 80 percent of its in stock. The mall owner in August sold $500 million of senior... (Bloomberg -- US)
Pacific Sunwear Announces Third Quarter Earnings Results Nov 17, 2009
55) ========== ========== ========== ========== Weighted average shares outstanding: Basic 65,563,721 64,968,707 65,380,726 67,182,918 ========== ========== ========== ========== Diluted 65,563,721 64,968,707 65,380,726 67,182,918 ========== ========== ========== ========== PACIFIC SUNWEAR OF CALIFORNIA, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited, in thousands) Oct. 31, Jan. 31, Nov. 1, 2009 2009 2008 -------- -------- -------- ASSETS Current assets: Cash & cash equivalents $ 15,564 $... (Primezone Releases)
GM posts loss but plans to repay loans early Nov 17, 2009
5 billion before interest, taxes, depreciation, amortization and special items. Henderson announced plans to repay the government's $6. (San Francisco Chronicle -- Business)
Salvaging a difficult 2009 Nov 17, 2009
Companies that could use new equipment can take advantage of a bonus depreciation deduction in the American Recovery and Reinvestment Act. The stimulus package added bonus depreciation, which allows an additional first-year depreciation of 50 percent of purchase cost ... This is an extension of the depreciation bonus created by the 2008 Economic Stimulus Act under President George W. Bush. (Dayton Business Journal, OH)
The Home Depot Announces Third Quarter Results; Updates Fiscal Year 2009 Guidance Nov 17, 2009
ATLANTA, Nov. 17 /CNW/ -- The Home Depot , the world's largest home improvement retailer, today reported third quarter of fiscal 2009 net earnings of $689 million, or $0. We grew market share in the quarter, continued to transform our business and improved customer service. (Canada Newswire)
China MediaExpress Holdings, Inc. Announces 2009 Third Quarter Financial Results Nov 17, 2009
Depreciation of property, plant and equipment. 2,351. (Yahoo! Wire -- Entertainment News)
LBI Media, Inc. Reports Third Quarter 2009 Results Nov 17, 2009
"Results for the Three Months Ended September 30, 2009Net revenues decreased by $3.0 million, or 9.7%, to $27.5 million for the three months ended September 30, 2009, as compared to $30.5 million for the same period in 2008. This change was primarily attributable to decreased total advertising revenue in both our radio and television segments, reflecting the general decline in the advertising industry due to the U.S. recession.Net revenues for our radio segment decreased by $0.7 million, or... (Yahoo! Wire -- Entertainment News)
Singing Machine Announces 2nd Quarter Earnings Release Nov 17, 2009
The Singing Machine Company, Inc. and Subsidiaries CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) For Three Months Ended For Six Months Ended ----------------------- ------------------------ September September September September 30, 30, 30, 30, 2009 2008 2009 2008 ---------- ----------- ----------- ----------- Net Sales $6,991,372 $12,616,396 $7,805,380 $14,386,742 Cost of Goods Sold 5,607,768 10,595,445 6,707,398 12,163,142 ---------- ----------- ----------- ----------- Gross Profit... (Yahoo! Wire -- Entertainment News)
Bernanke: uncertainty in economic recovery Nov 17, 2009
Bernanke said that the U.S. central bank will pay attention on the depreciation of the U.S. dollar and help ensure the dollar is strong. "We are attentive to the implications of changes in the value of the dollar and will continue to formulate policy to guard against risks to our dual mandate to foster both maximum employment and price stability," said the chairman. (Xinhuanet, China)
The U.S. Federal Reserve Chairman Ben S. Bernanke said Monday that the country's economy will continue its recovery next year, but warning more challenges ahead.• Bernanke: Federal Reserve seeks to ensure strong dollar Nov 17, 2009
New York, Nov. 16 (Xinhua) -- Federal Reserve Chairman Ben Bernanke said on Monday that the U.S. central bank will pay attention on the depreciation of the U.S. dollar and help ensure the dollar is strong. Related. (Xinhuanet, China)
Sunny (Earnings) Forecast Nov 17, 2009
BB&T, which put up the money for the project, maintains ownership because the bank can take a 30 percent federal tax credit and a 35 percent state tax credit on an accelerated depreciation basis. Harkrader s company is paying BB&T a lease fee until the credits run out within five years, at which time Harkrader will buy the plant and realize a 10 percent return. (Triangle Business Journal)
Shell New Zealand Unit Would Fare Better Run Locally, Bidder Infratil Says Nov 17, 2009
Profit before interest, tax, depreciation and changes in financial instruments in the six months ended Sept. 30 rose 2. 1 percent to NZ$207. (Bloomberg -- Australia & New Zealand)
Vivendi's Levy Trumps Telefonica for `Underdog's Revenge' in GVT Takeover Nov 17, 2009
The offer amounts to GVTs estimated earnings before interest, taxes depreciation and amortization this year of about $364 million. At this level, they are probably very close to value dysfunction if they cant justify synergies, said , who manages $1. (Bloomberg -- Latin America)
Brazil's Widening Current Account Gap May End Currency Rally, Malan Says Nov 17, 2009
Therell be natural forces towards the depreciation of the currency ... Malan, who as minister in 1999 ended a currency peg that led to a 60 percent depreciation against the dollar, said the real may weaken in an entirely orderly fashion. (Bloomberg -- Latin America)
Bovespa Advances to Four-Week High on Commodity Rally, Brazil Job Growth Nov 17, 2009
3 times estimated 2010 earnings before interest, taxes, depreciation and amortization, and sell preferred shares of , Brazils largest mobile-phone company. The analysts cited the big discount of Tim shares compared with Vivo, which trades at about 4. (Bloomberg -- Latin America)
GM To Begin Repaying $6.7B in U.S. Loans Nov 17, 2009
I would think a Caddy would have a comparable rate of depreciation, no. by dwilson59 November 16, 2009 3:59 PM EST. (CBS News)
READ: Bernanke's speech Nov 17, 2009
Commodities prices have risen lately, likely reflecting the pickup in global economic activity, especially in resource-intensive emerging market economies, and the recent depreciation of the dollar. On net, notwithstanding significant crosscurrents, inflation seems likely to remain subdued for some time. (USA Today -- Money)
Enterprise Oilfield Group, Inc. Announces Third Quarter Results Nov 17, 2009
(1) EBITDAS = Earnings Before Interest, Taxes, Depreciation, Amortization and Stock Based Compensation. Forward Looking Statements. (CCNMatthews Press Releases)
Open Range Energy Corp. Reports Third Quarter Results, Provides Operational Outlook and Announces First-Half 2010 Guidance Nov 17, 2009
DEPLETION, DEPRECIATION AND ACCRETION Three months Three months Nine months Nine months ended ended ended ended September 30, September 30, September 30, September 30, 2009 2008 2009 2008 ---------------------------------------------------------------------------- Depletion and depreciation $ 5,259,188 $ 4,609,373 $ 15,513,429 $ 13,712,692 Accretion 42,957 36,191 127,535 117,525 ---------------------------------------------------------------------------- Total $ 5,302,145 $ 4,645,564 $... (CCNMatthews Press Releases)
Crowflight Announces Third Quarter 2009 Financial Results Nov 17, 2009
09 --------------------------------------------------------------------------- Nickel revenue 2,007,450 2,231,683 --------------------------------------------------------------------------- --------------------------------------------------------------------------- Pricing adjustments(3) - 52,810 --------------------------------------------------------------------------- Total metal revenue 2,007,450 2,284,493 --------------------------------------------------------------------------- Cost of... (CCNMatthews Press Releases)
Bucking Horse Energy Inc. Announces Third Quarter Financial Results Nov 17, 2009
- Earnings before interest, taxes, depreciation and amortization were $1,478,403 ... Earnings before interest, taxes, depreciation and amortization ("EBITDA") (1) for the quarter ended September 30, 2009 decreased to $1,478,403 compared to $10,520,857 for the period ended August 31, 2008 ... Direct operating expenses for the nine-month period ended September 30, 2009 were $9,900,240 ($5,072,206 in non-cash depreciation and depletion costs, $804,843 in State taxes, $9,886 in Canadian production... (CCNMatthews Press Releases)
Sierra Minerals Earns US$30,751 in Q3 2009 Nov 17, 2009
(a) $ 753 $ 592 $ 658 $ 618 --------------------------------------------------------------------- Metal sales $ 5,377,213 $4,838,653 $14,593,194 $ 2,964,474 --------------------------------------------------------------------- Cost of sales (b) $ 4,249,076 $3,428,775 $10,347,819 $ 9,616,766 --------------------------------------------------------------------- Accretion, depreciation, depletion and amortization $ 321,692 $ 169,674 $ 872,499 $ 595,850... (Primezone Releases)
Verisk Analytics, Inc. Reports Third-Quarter 2009 Financial Results Nov 17, 2009
Table 5 Three Months Ended Nine Months Ended September 30, September 30, -------------------------------------- 2009 2008 2009 2008 -------------------------------------- (In thousands) Net income $ 42,205 $ 40,840 $133,059 $121,789 Depreciation and amortization of fixed and intangible assets 17,633 16,095 53,520 47,456 Investment income and realized (gains)/losses on securities, net (53) (2) 220 (319) Interest expense 9,449 8,393 26,126 22,566 Provision for income taxes 33,194 28,493 100,444... (Primezone Releases)
Lucas Energy Reports Second Fiscal Quarter 2009-2010 Results, Turns EBITDA Positive Nov 17, 2009
In evaluating our business, we consider earnings before interest, taxes, depreciation, depletion, amortization, unrealized gains and loss on investments, stock-based compensation expense and accretion of abandonment liability ("Adjusted EBITDA") as a key indicator of financial operating performance and as a measure of the ability to generate cash for operational activities and future capital expenditures ... Reconciliation of Adjusted EBITDA --------------------------------- Three Three Months... (Primezone Releases)
OPTI Canada Announces Proposed Financing Plan and Production Update Nov 16, 2009
CALGARY, Nov. 16 /CNW/ - OPTI Canada Inc ('OPTI' or 'the Company') announced today that it intends to offer by way of private placement US$425 million of First Lien Senior Secured Notes ('Notes') (Canada Newswire)
Rising gold price/weakening Re to aid the return of GTFs Nov 16, 2009
However, a subsequent correction of 4% in the international prices of gold towards $1026 was not reflected in domestic prices due to a 2% depreciation in the Indian rupee. Domestic spot prices in Mumbai remained in the range of Rs 15,930-15 ,910 per 10 gm during the period. (India Times)
Bubble trouble looms Nov 16, 2009
Low rates and the dollar's depreciation present ``new, real and insurmountable risks to the recovery of the global economy,'' Liu Mingkang, China's top banking regulator, said yesterday ... The continuous depreciation in the dollar, and the US government's indication that, in order to resume growth and maintain public confidence, it basically won't raise interest rates for the coming 12 to 18 months, has led to massive dollar arbitrage speculation,'' Liu, chairman of the China Banking Regulatory... (Sydney Morning Herald -- Business)
Gold's rally have some targeting $US1300 Nov 16, 2009
China's banking regulation head also warned that the ''continuous depreciation'' of the US currency had ''seriously affected global asset prices. Shares in gold producers climbed. (Sydney Morning Herald -- Business)
Perfect World Announces Third Quarter 2009 Unaudited Financial Results Nov 16, 2009
81 Shares used in calculating basic net earnings per share 281,733,114 251,956,208 247,418,982 247,418,982 Shares used in calculating diluted net earnings per share 297,574,386 265,820,234 262,334,324 262,334,324 Total share-based compensation cost included in: Cost of revenues (854,899) (1,342,444) (1,412,278) (206,891) Research and development expenses (5,885,419) (9,548,455) (8,841,744) (1,295,266) Sales and marketing expenses (1,315,404) (2,007,253) (2,085,910) (305,574) General and... (Yahoo! Wire -- Entertainment News)
China's Liu Says U.S. Interest Rates, Dollar Decline Causing Speculation Nov 15, 2009
The continuous depreciation in the dollar, and the U.S. governments indication, that in order to resume growth and maintain public confidence, it basically wont raise interest rates for the coming 12 to 18 months, has led to massive dollar arbitrage speculation, he told reporters in Beijing today at the International Finance Forum ... The dollars depreciation has also caused excessive liquidity in the global market. (Bloomberg -- Asia)
Aqua Hotels acquires Maile Sky Court Nov 15, 2009
However, Castle reported an improvement in its earnings before interest, taxes, depreciation and amortization a measure of operating profit known as EBITDA. On that basis, Castle reported a profit of $98,295 in the third quarter compared to an EBITDA loss of $91,051 in the third quarter of 2008. Maui firm told to stop taking deposits. (Honolulu Advertiser)
Uncertain cap rates disruptive Nov 15, 2009
For example, a property worth $1 million that produces $100,000 in income (before tax and not including depreciation) would have a 10 percent cap rate, (100,000/1,000,000. 10). (Anchorage Daily News)
American International Industries, Inc. Reports Significant Improvement in Operating Results for the Nine Months Ended September 30, 2009 Nov 15, 2009
HOUSTON and KEMAH, Texas, Nov. 13, 2009 (GLOBE NEWSWIRE) -- American International Industries, Inc. (Nasdaq: - ) reported that its loss from continuing operations before interest, taxes, depreciation and amortization (EBITDA) significantly improved by $2,673,490 to $284,524, or $0 ... Our loss from continuing operations for the nine months ended September 30, 2009 included interest expense, taxes, and depreciation and amortization of $705,264, $38,613, and $885,942, respectively ... Our loss... (Primezone Releases)
Liberty Global Will Buy German Cable Company Unitymedia for $2.98 Billion Nov 14, 2009
4 times its estimate of Unitymedias 2010 adjusted earnings before interest, taxes, depreciation and amortization. The transaction, which will add to earnings, is expected to be completed in the first half of 2010, subject to regulatory approval, it said in the statement. (Bloomberg -- Germany)
Ascent Media Corporation Announces Financial Results for Quarter Ended September 30, 2009 Nov 14, 2009
This measure of performance excludes depreciation and amortization, stock-based and long-term incentive compensation, accretion expense on asset retirement obligations, restructuring and impairment charges, gains/losses on the sale of operating assets and other income and expenses that are included in the measurement of earnings (loss) from continuing operations before income taxes pursuant to GAAP. Accordingly, segment adjusted OIBDA should be considered in addition to, but not as a substitute... (Yahoo! Wire -- Entertainment News)
Mexico Peso Rises, Caps Best Weekly Gain Among Major Currencies on Economy Nov 14, 2009
The impact of the depreciation that took place last year and beginning of the year has been I would say absorbed, so I would say we are not uncomfortable, he said in an interview at Yale University in New Haven, Connecticut today. Mexican lawmakers are discussing the spending side of the 2010 budget, with a decision scheduled to be approved on Nov. 15 by both houses of Congress. (Bloomberg -- Latin America)
Research and Markets: This Essential Report on Broadcasting in the Philippines is Now Available Nov 14, 2009
The expenses related to programming of content had also been increasing, particularly as a consequence of the depreciation of the peso. The economic interest of Home Cable Inc, controlled by MediaQuest and PLDT, and shares of Central CATV Inc and Pilipino Cable Corporation (Sky Cable), controlled by the Benpres Group, were to be consolidated into a new holding company, to be initially owned equally by Home and Sky. (Yahoo! Wire -- Entertainment News)
The Orchard Reports Revenue Increase of 4% in Third Quarter 2009 as Compared to Third Quarter 2008 Nov 14, 2009
EBITDA consists of net income excluding the impact of the following: interest income, net; income taxes; depreciation; and amortization ... Depreciation and amortization. (Yahoo! Wire -- Entertainment News)
XS Cargo Income Fund Reports 2009 Third Quarter Results Nov 14, 2009
References to "EBITDA" are to earnings before interest, income taxes, depreciation and amortization and references to "distributable cash" are to cash available for distribution to Unitholders in accordance with the distribution policies of the Fund. EBITDA is calculated as Net Earnings (loss) plus non-controlling interest, plus future income tax expense, plus impairment of goodwill, plus impairment of intangible assets, plus interest on term, subordinated and operating loans, plus amortization... (CCNMatthews Press Releases)
Rainmaker Reports Results for the Three and Nine Months Ended September 30, 2009 Nov 14, 2009
All amounts are in 000's of dollars, except per share / unit figures Three months ended Nine months ended September 30, September 30, 2009 2008 2009 2008 ------ ------ ------ ------ Note 1 Note 1 Revenue Rainmaker Entertainment - Animation 3,070 7,036 10,580 23,016 EP Canada - Payroll processing (Note 1) - 2,535 - 5,535 Canada Film Capital - Tax credit services (Note 1) - 415 - 1,318 --------------------------------------------------------------------------- 3,070 9,986 10,580 29,869... (CCNMatthews Press Releases)
Comtex Reports First Quarter Fiscal 2010 Earnings Nov 14, 2009
Shares, Basic 15,794 15,294 Diluted 15,828 15,562 Reconciliation to EBITDA: Net Income $166 $25 Depreciation and Amortization 34 29 Interest/Other (Income) Expense (29) (5) Income Taxes 1 12 -- -- EBITDA $172 $61. Please Note: EBITDA consists of earnings before stock-based compensation, interest expense, interest and other income, unrealized and realized gains (losses) in marketable securities, income taxes, and depreciation and amortization. (Yahoo! Wire -- Entertainment News)
Globe Specialty Metals Announces First Quarter Fiscal 2010 Results Nov 13, 2009
20 EBITDA: Net income attributable to Globe Specialty Metals, Inc. $ 8,442 1,638 16,965 Provision for income taxes 5,383 4,319 8,702 Net interest expense 1,182 1,252 1,648 Depreciation and amortization 4,912 5,067 4,943 --------- --------- --------- EBITDA $ 19,919 12,276 32,258 ========= ========= ========= GLOBE SPECIALTY METALS, INC. AND SUBSIDIARY COMPANIES Condensed Consolidated Statements of Cash Flows (In thousands) (Unaudited) Three Months Ended ------------------------------- Sept. 30,... (Primezone Releases)
Vision-Sciences, Inc. Announces $6.2 Million in Revenue for the First Half of Fiscal 2010 Nov 13, 2009
VISION-SCIENCES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except per share data) Sept. 30, March 31, ------------------ 2009 2009 -------- -------- ASSETS (unaudited) Current assets: Cash and cash equivalents $ 661 $ 1,975 Short-term investments 4,431 7,948 Accounts receivable, net of allowance for doubtful accounts of $310 and $283, respectively 1,851 1,818 Inventories, net 5,349 5,486 Prepaid expenses and other current assets 404 397 Current assets of... (Primezone Releases)
Myriad Pharmaceuticals Reports First Quarter FY' 2010 Financial Results Nov 13, 2009
48) Weighted-average shares used to compute net loss per basic and diluted share 24,076 23,974 MYRIAD PHARMACEUTICALS, INC. Balance Sheets (Unaudited) (In thousands, except per share amounts) Sept. 30, June 30, 2009 2009 -------- -------- Assets Current assets: Cash and cash equivalents $ 69,432 $128,372 Marketable investment securities 89,571 40,728 Trade accounts receivable 51 -- Prepaid expenses 461 240 Other current assets 597 -- -------- -------- Total current assets 160,112 169,340... (Primezone Releases)
IIJ Announces First Six Months Financial Results for the Fiscal Year Ending March 31, 2010 Nov 13, 2009
Adjusted EBITDA --------------------------------------------------------------------- 1H08 1H09 --------------------------------------------------------------------- JPY millions JPY millions Adjusted EBITDA 3,604 3,810 --------------------------------------------------------------------- Depreciation and Amortization 2,599 2,644 --------------------------------------------------------------------- Operating Income 1,005 1,166 ---------------------------------------------------------------------... (Primezone Releases)
Storm Exploration Inc. Is Pleased to Announce Its Financial and Operating Results for the Three and Nine Months Ended September 30, 2009 Nov 13, 2009
Charges for depletion, depreciation and accretion at $14 ... Depletion, Depreciation and Accretion ---------------------------------------------------------------------------- Three Three Nine Nine Months Months Months Months to to to to Sept. 30, Sept. 30, Sept. 30, Sept. 30, 2009 2008 2009 2008 ---------------------------------------------------------------------------- Depreciation and depletion charge for period $ 10,578 $ 10,603 $ 32,334 $ 30,129... (CCNMatthews Press Releases)
Savanna Energy Releases Q3 2009 Results Nov 13, 2009
5% 96% Depreciation and amortization(2) $ 8,118 $ 12,481 (35%) $ 23,600 $ 30,924 (24%) ... Effective January 1, 2009, depreciation of well servicing rigs was changed to reflect an estimated useful life of 24,000 operating hours and a 20% salvage value ... The change, while not material, has been accounted for on a retrospective basis and more closely aligns the depreciation policies with those of the Company's drilling rigs which are depreciated based on operating days. (CCNMatthews Press Releases)
Xtreme Coil Achieves Record Third Quarter EBITDA and Operating Days and Provides Update Nov 13, 2009
1 Completed rigs, end of quarter 15 12 11 11 ---------------------------------------------------------------------------- (1) EBITDA is defined as earnings before interest, taxes, depreciation and amortization, stock-based compensation, foreign exchange gains or losses and gains or losses on sale of equipment ... Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA")(1) Three months ended Nine months ended 2009 2008 2009 2008 Sep 30 Sep 30 % Change Sep 30 Sep 30 % Change... (CCNMatthews Press Releases)
Avenir Diversified Income Trust Announces Third Quarter 2009 Results Nov 13, 2009
CONSOLIDATED BALANCE SHEETS As at September 30, December 31, 2009 2008 (in thousands of dollars) $ $ ---------------------------------------------------------------------------- ASSETS Current Cash - 21,956 Marketable securities - 20 Accounts receivable and prepaid expenses 61,949 88,737 Inventory 12,494 127,883 Note receivable 25,000 25,000 Risk management assets 9,283 14,522 ---------------------------------------------------------------------------- 108,726 278,118... (CCNMatthews Press Releases)
Turbo Power Systems Inc. (TPS) Announces Results for the Third Quarter and Nine Months Ended 30 September 2009 Nov 13, 2009
EBITDA is calculated as the net loss for the period less financial interest income and charges, taxation, foreign exchange gains and losses, depreciation, amortisation, and stock compensation charges ... The Company has generated a profit before interest, tax, depreciation, amortisation and stock compensation (EBITDA) for the quarter of Pounds Sterling 0. (CCNMatthews Press Releases)
NuVista Energy Ltd.: Third Quarter Interim Report Nov 13, 2009
Depreciation, depletion and accretion - Depreciation, depletion and accretion expenses were $43 ... Depreciation, depletion and accretion expenses for the nine months ended September 30, 2009 were $128 ... (b) Depreciation, depletion and accretion expense - NuVista uses the full cost method of accounting for exploration and development activities whereby all costs associated with these activities are capitalized, whether successful or not. (CCNMatthews Press Releases)
