Vaccines and financing: There'smore to it than we might think Oct 15, 2009
Vaccines save the country about $10 billion in direct costs and $43 billion in societal costs annually. And even more important, for each group of children immunized, 14 million cases of vaccine-preventable diseases are prevented, and 33,000 vaccine-preventable disease-related deaths are averted. (NJ.com -- Times)
Myriad Pharmaceuticals Announces the Identification of an IND Candidate for the Treatment of Cancer, Obesity, and Diabetes Oct 14, 2009
Diabetes affects more than 7% of the American population and direct costs to the healthcare system exceed $110 billion annually. The National Cancer Institute reports that obesity leads to one in five cancer deaths in women and one in seven cancer deaths in men. (Primezone Releases)
Deja vu: RBI faces problem of plenty, exit dilemma Oct 6, 2009
Irrespective of the method of sterilisation , the financial cost in terms of national balance sheet is obviously ultimately borne by the government even though direct costs may be borne by separate agencies. Sterilised intervention can exacerbate fiscal pressures, but this needs to be assessed against the benefits of macrofinancial stability. (India Times)
Governments' contingent liabilities: Fiscal iceberg Oct 1, 2009
Apart from their direct costs, loan guarantees have other damaging effects. Michael Pomerleano, an economist who studied their use in the wake of the 1997-98 Asian crisis, says they lessen pressure on banks to dispose of bad assets. (The Economist)
Parents consider paying teachers Sep 30, 2009
Some were concerned that they and not their tax dollars would bear the direct costs of educating their children on teacher furlough days. "What are we going to do?" asked Debbie Schatz, co-president of the 'Aikahi Elementary School PTSA. "Either our schools will be privatized on Fridays or a private entity will end up educating our children on Fridays or we're all going to end up taking our kids to work with us.". (Honolulu Advertiser)
Many Elderly Falls Due to Inner-Ear Imbalance Sep 13, 2009
Direct costs for medical care related to falls exceed $20 billion annually, according to data published by the Centers for Disease Control and Prevention in 2006. "By employing effective interventions, we can appreciably decrease the incidence of fall-related injuries, improve the health and quality of life of older adults, and significantly reduce health-care costs," that study's authors wrote. (Time.com)
Workers abusing the net? Sep 12, 2009
While the use by employees of electronic communications tools for non-business purposes will not necessarily increase direct costs to the company significantly, the hidden and contingent costs to a company are potentially enormous: lost productivity and potential exposure to law suits emanating from third parties as a result of inappropriate use of these tools being the most dominant. To reduce these potential risks and losses, companies must address the issue of how best to control employee use... (iAfrica.com)
Vote set on T link to R.I. airport Sep 10, 2009
Massachusetts will not pay any of the direct costs, but will continue to pay operating expenses on the Providence/Stoughton Line as part of its larger commuter rail system. The two states have operated under a similar deal for the past two decades, since commuter rail service to Providence began. (Boston Globe)
Cost to Plant Corn Next Year $40 Higher Per Acre (18) Sep 8, 2009
Schnitkey says 38 of that increase is associated with direct costs (fertilizer, pesticides, seed, drying, storage and crop insurance) ... Similar to corn, much of the increase in the cost of getting beans in the ground are direct costs projected to rise from 100 an acre (in northern Illinois) to 113 next year ... Of that 13-an-acre hike in direct costs, 10 of it is attributed to rising fertilizer prices. (Agri-View, WI)
Hamilton School Board sets district goals at retreat Sep 3, 2009
There will be no direct costs to this process. This will be an ongoing goal. (Keokuk Daily Gate City, IO)
Bigger bag limits OKd9:29 am | (No comments posted.) Sep 3, 2009
Leif confirmed the Wildlife Division currently receives more than 800,000 from preserve operation permits, fees and licenses, while the divisions direct costs for regulating preserves run about 200,000. There were 226 preserves licensed, and 11,527 hunters bought preserve licenses, in the past year. (Watertown Public Opinion, SD)
Party desires prevail over capitalism Aug 31, 2009
The direct costs of the fiscal and monetary stimulus on the balance sheets on various tiers of the Chinese Government, and particularly their state-owned banks, will be large but not overwhelming. The indirect costs to President Hu Jintao's long-frustrated program of creating a more socially, environmentally and economically sustainable development path will be much greater. (Sydney Morning Herald -- Business)
Video: RE-LY Trial Met Primary Outcome for Reducing Incidence of Stroke or Systemic Embolism in Non-valvular Atrial Fibrillation Patients Aug 31, 2009
(12) Coyne KS, et al. "Assessing the Direct Costs of Treating Non-valvular Atrial Fibrillation in the United States." Value Health. 2006; 9:348-56. (PR Newswire)
More of this story Aug 29, 2009
The direct costs of malpractices are 3 billion in a 2 trillion system. He said that the insurance market is not a free market or a transparent market. (Bartlesville Examiner-Enterprise, OK)
Town to lower some service fees Aug 27, 2009
The new rates are based on direct costs -- primarily staff salary and benefits ... According to a memo written by Aref Joulani, director of planning and development, fully loaded costs are "on average" 55 percent higher than direct costs. (Daytona Beach News Journal -- Local)
Ponce Inlet officials approve lower service fees Aug 24, 2009
The new rates are based on direct costs, which are primarily made up of staff salary and benefits ... According to a memo written by Aref Joulani, director of the town's planning and development department, fully loaded costs are "on average" 55 percent higher than direct costs. (Daytona Beach News Journal -- Local)
Lessons in Health Care Aug 23, 2009
And so what we've found is that as we've redesigned inpatient care using these tools that I've been describing, that we've seen a 25 percent reduction in the total direct costs -- the total cost of care on inpatient. JENKINS: How does ThedaCare deliver care. (Fox News)
First Uranium reports results for Q1 2010 - Receives approval of "new order" mining rights for its mine waste solutions operation Aug 15, 2009
04) 450% ------------------------------------------------------------------------- Notes: (a) "Cash Costs" are costs directly related to the physical activities of producing gold and include mining, processing and other plant costs; third-party refining and smelting costs; marketing expense, on-site general and administrative costs; royalties; on-mine drilling expenditures that are related to production and other direct costs. Sales of by-product metals are deducted from the above in computing... (PR Newswire)
Vision-Sciences, Inc. Announces $3.3 Million in Revenue for Fiscal Q1 2010 Aug 15, 2009
VISION-SCIENCES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended June 30, ---------------------- 2009 2008* ---------- ---------- Net sales $ 3,318 $ 2,696 Cost of sales 2,530 2,047 ---------- ---------- Gross profit 788 649 Selling, general and administrative expenses 2,482 2,691 Research and development expense 786 1,171 Restructuring charge -- 28 ---------- ---------- Loss from operations (2,480) (3,241) Interest income 50 79 Interest... (Primezone Releases)
TrinityCare Senior Living, Inc. Announces Second Quarter Operating Results Aug 14, 2009
TrinityCare Senior Living, Inc. and Subsidiaries Consolidated Statements of Operations (Unaudited) For the Three For the Six Months Ended Months Ended June 30, June 30, -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- Revenues: Resident revenue 1,557,152 1,385,284 3,081,276 2,654,456 Publication revenue 37,651 43,192 60,528 79,644 ------ ------ ------ ------ Total Revenues $1,594,803 $1,428,476 $3,141,804 $2,734,100 ---------- ---------- ---------- ---------- Direct Costs Direct labor... (PR Newswire)
Trimac Announces Second Quarter Results Aug 13, 2009
2 -------------------------------------------------- -------------------------------------------------- As a percentage of revenue(2) ----------------------- Direct costs 71 ... (2) Direct costs, selling and administrative and depreciation, expressed as a percentage of revenue, were impacted by significant fluctuations in fuel surcharge revenue between the prior and current period and the prior and current year ... This decrease was primarily the result of lower revenue which was mitigated by... (PR Newswire)
GeoEye Reports Record 2009 Second Quarter Results Aug 11, 2009
Selected financial results for the Company are as follows (dollars in thousands, except earnings per share): UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Three Months Ended 6/30/09 6/30/08 Change ------- ------- ------ Revenues $72,701 $34,219 $38,482 Operating expenses: Direct costs of revenue (exclusive of depreciation and amortization) 22,808 17,319 5,489 Depreciation and amortization 15,936 3,196 12,740 Selling, general and administrative 10,098 8,605 1,493 Satellite impairment... (PR Newswire)
PAREXEL International Reports Fourth Quarter and Fiscal Year 2009 Results Aug 11, 2009
In the course of finalizing financial results for the fiscal year, the Company determined that revenue and direct costs for ClinPhone IVR contracts should have been recognized ratably over the estimated "hosting" period of each study once an application went live ... PAREXEL International Corporation Consolidated Condensed Statement of Income (In thousands, except per share data) Unaudited Three Months Ended ------------------------------------------------------- June 30, 2009 June 30, 2008... (PR Newswire)
Marlin Business Services Corp. Reports Second Quarter 2009 Results Aug 7, 2009
88% 90+ Day Delinquencies (Non-earning total finance receivables) $4,704 $5,370 $6,380 $8,263 $7,650 Balance Sheet: Assets Investment in Leases and Loans $719,924 $693,767 $664,902 $619,129 $554,712 Initial Direct Costs and Fees 22,991 21,282 19,490 17,114 14,348 Reserve for Credit Losses (12,873) (14,339) (15,283) (15,309) (13,978) Net Investment in Leases and Loans $730,042 $700,710 $669,109 $620,934 $555,082 Cash and Cash Equivalents 44,981 25,367 40,270 50,466 53,529 Restricted Cash 65,136... (Primezone Releases)
Small Business Strategies Aug 7, 2009
Draw up a sales document, indicate what you're providing and what direct costs they'll pay (if any), and then specify that you are "waiving" your fee. Use this experience as practice to learn how to deal with paying clients. (USA Today -- Money)
Marine Pest Species Costing Billions In Damage To Fisheries, Coastal Communities And Infrastructure Are Spreading Aug 7, 2009
According to Silent Invasion, not treating ballast waters imposes marine pest associated direct costs equivalent to about 70 US cents per tonne of untreated water or US 7 billion per year for the ten billion tonnes of water transported globally each year. A wide roll-out of water treatment methods facilitated by the entry into force of the Convention could lower costs to only 4 US cents per tonne of treated water - less than 6% of the annual costs of not addressing the issue of the damaging... (Science Daily)
Stream Global Services Announces June 30, 2009 Second Quarter Results Aug 5, 2009
STREAM GLOBAL SERVICES, INC. PRO FORMA COMBINED CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (unaudited) (in thousands) Three Months Ended Six Months Ended June 30, June 30, ------------------ ---------------- 2009 2008 2009 2008 ---- ---- ---- ---- (Non-GAAP Pro forma) Revenue $125,670 $128,714 $261,284 $269,086 Direct costs of revenue 73,346 83,270 150,777 174,404 ------ ------ ------- ------- Gross profit 52,324 45,444 110,507 94,682 ------ ------ ------- ------ Gross profit as a... (PR Newswire)
Aecon Reports Second Quarter Results Aug 5, 2009
Gross margin (representing revenues less direct costs and expenses) increased from $51 ... Consolidated Statements of Income for the three months ended June 30, 2009 and 2008 (in thousands of dollars, except share and per share amounts) (unaudited) 2009 2008 ------------------------ Revenues $ 613,237 $ 437,651 Direct costs and expenses (549,816) (385,913) ------------------------ 63,421 51,738 ------------------------ Marketing, general and administrative expenses (31,846) (20,294) Foreign... (CCNMatthews Press Releases)
Outdoor Channel Holdings Reports Second Quarter 2009 Results Aug 5, 2009
OUTDOOR CHANNEL HOLDINGS, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Operations (unaudited, in thousands, except per share data) Three Months Ended Six Months Ended June 30, June 30, -------- -------- 2009 2008 2009 2008 ---- ---- ---- ---- Revenues: Advertising $7,105 $8,491 $14,899 $16,122 Subscriber fees 5,338 4,556 10,001 8,605 Production services 6,770 - 11,289 - ----- - ------ - Total revenues 19,213 13,047 36,189 24,727 ------ ------ ------ ------ Cost of services:... (Yahoo! Wire -- Entertainment News)
Phoenix Reports Financial and Operational Results for the Three-Month & Six-Month Periods Ended June 30, 2009 Aug 5, 2009
Direct costs are comprised of field and shop expenses and include current period research and development ("R&D") expenditures ... In addition, due to the nature of the industry, the Fund's drilling equipment is frequently re-conditioned to an "as new" state with the associated costs expensed and included in the Fund's direct costs ... Consolidated Balance Sheets (unaudited) 30-Jun-09 31-Dec-08 ----------------------------------------------------------------------------... (CCNMatthews Press Releases)
Dr. Jeff Hersh: How malpractice figures into health care debate Aug 4, 2009
The direct costs of malpractice insurance are only about 2 percent of the nation's health-care spending; it is the hidden costs that are of major concern. Defensive medicine is when a physician orders tests, admits patients or prescribes treatments to "defend" against being sued. (Belmont Citizen Herald, MA)
Court orders shorter sentence for Nacchio Aug 1, 2009
Nacchio was ordered to forfeit $52 million, but the court said that amount should be adjusted to reflect brokerage, commission fees and and other direct costs of trading. The appellate court ruled that the lower court misapplied the law in order Nacchio to forfeit the gross proceeds of the trades. (MSNBC -- Business)
Muscle Density Linked to Disability Aug 1, 2009
In 2000, the direct costs of treating the condition were more than $18. 5 billion, according to background information in the news release. (MEDLINEplus)
They're Coming For Your Tonsils Jul 31, 2009
Roughly 2% is caused by direct costs of the lawsuits; an additional 5% to 9% is due to expenses run up by defensive medicine. Page. (Investors Business Daily)
Parkland Reports Second Quarter Financial Results Jul 31, 2009
Our operating and direct costs were $24 ... 4 17% Gross margin 13% 9% Operating and direct costs 24. (Canada Newswire)
Pro-trade or bust for the U.S. Jul 27, 2009
4 billion in direct costs, plus higher transportation costs on the entire North American supply chain for the benefit of the Teamsters, is a bad idea. Meanwhile, despite claims that the administration would work with Congress to pass long-pending trade agreements with Panama, Colombia and South Korea, those deals remain hostage to cynical politics. (Brainerd Daily Dispatch)
Palm Coast works changes into new contract Jul 25, 2009
Fees from the last six months averaged $28,000, not including litigation and direct costs, Landon said. Approved at second reading economic development incentive regulations for the area around the Flagler County Airport to encourage growth. (Daytona Beach News Journal -- Local)
TigerTel Communications Inc. Announces Amended Earnings Results for the Quarter and Year Ended April 30, 2009 Jul 25, 2009
TigerTel reported revenue of $6,103,053, direct costs of $2,839,126 and a gross profit of $3,263,927 ... For the corresponding period last year the Company reported revenue of $5,742,901, direct costs of $3,072,775 and a gross profit of $2,670,126 ... For the year-ended April 30, 2009, TigerTel reported revenue of $22,575,468, direct costs of $11,453,606 and a gross profit of $11,121,862. (CCNMatthews Press Releases)
Northwest Biotherapeutics Announces Plans to De-list From AIM and Consolidate its Stock Market Listing in U.S. Jul 24, 2009
The high direct costs of maintaining the Company's AIM listing. The operational and legal difficulties of being subject to two different regulatory regimes in two different countries, under which the Company has faced conflicting requirements on an ongoing basis. (PR Newswire)
Guaranteed Maximum Price lower, county valuation higher Jul 22, 2009
The $26,481,623 cost includes the project hard costs (which is construction); soft costs (architect/engineering fees, CAG, testing and fees); owner direct costs (equipment, furnishings, debt service reserve, etc. . (Alva Review Courier, OK)
MediciNova to Evaluate MN-221 for the Treatment of Chronic Obstructive Pulmonary Disease Exacerbations Jul 21, 2009
The same report also indicated that the direct costs of health care services and indirect costs through loss of productivity related to COPD amounted to approximately $26 billion in 1998. About MN-221. (Primezone Releases)
How to Read Financial Statements fo... Jul 18, 2009
They can represent direct costs of producing and selling products or services, as well as general operating costs, reserves set aside, interest paid and accrued taxes. Income Statement Tracks Visible and Invisible Costs. (Suite101.com)
RETRANSMISSION: Brompton and Bloom Seek Citadel Unitholder Support for Proposal to Replace Crown Hill and Merge Citadel Funds Jul 17, 2009
Unitholders who support Brompton and Bloom in requisitioning these meetings will have the option of either remaining Unitholders in the merged continuing fund or redeeming their units, as soon as practicable after the meetings, at 100% of their net asset value less the direct costs associated with the redemption ... - the continuing fund will have an ongoing annual redemption feature at 100% of net asset value less direct costs. (CCNMatthews Press Releases)
Clinical pathways improve patient care Jul 2, 2009
The impact of clinical pathways was evaluated assessing the major outcomes of in-hospital hip and knee joint replacement processes: postoperative complications, number of patients discharged at home, length of in-hospital stay and direct costs. Methods. (BioMed Central)
Navy carriers '1bn over budget' Jun 30, 2009
The memo was written for the chief executives of the companies participating in the project and attributed the cost increase to "a combination of direct costs, inflation and accounting adjustments". "The MOD [Ministry of Defence] will publish its annual report and accounts in July; these will show 1bn of QE Class cost growth and the project will come under severe pressure through the opposition and the media," the memo said. (BBC News -- UK)
Throw the Bums Out Jun 28, 2009
Contrary to the flawed analyses being advanced by the bill's proponents, Heritage estimates that the direct costs would be an average of $829 per year for a household of four, totaling $20,000 between 2012 and 2035. But when considering the total cost as reflected in the cost of allocations and offsets, the average cost to that family unit would be $2,979 annually from 2012 to 2035. (Human Events Online)
Waxman's Economy Killer Jun 25, 2009
Those are just the direct costs imposed by the bill s cap-and-trade regime. These costs will ripple throughout the American economy -- everyone uses energy -- making all goods and services more expensive. (Human Events Online)
How to Cure Health Care (2001), Milton Friedman, Hoover Digest Jun 23, 2009
We are headed toward completely socialized medicine and are already halfway there, if, in addition to direct costs, we include indirect tax subsidies. Expressed as a fraction of national income, spending on medical care went from 3 percent of the national income in 1919 to 4. (Harper's Magazine)
Why He Was Booed Jun 19, 2009
eIBD Investor's Business Daily Digital Edition. Access recent eIBD issues easily. (Investors Business Daily)
How much are electric utilities spending to save a kilowatt-hour through energy-efficiency programs? Jun 17, 2009
In our calculations, we allocated indirect costs to either energy efficiency or load management in proportion to the direct costs of those two program types ... We then divided the cost of each utility's energy-efficiency program in a given year (adjusted for indirect costs) by the claimed incremental savings in annual kWh. (Energy Pulse, CO)
Drug Testing in the Australian Work... Jun 6, 2009
Direct costs include lost productivity and indirect costs include increased employee turnover. As a result of the potential for increased and the legal requirement to provide a safe workplace, some Australian employers are turning to employee drug testing programs to reduce their risks. (Suite101.com)
St. Louis Character: Dobbs Bradford of Jazz St. Louis May 31, 2009
We re already to the point where most of the concerts cover their direct costs. But we don t get any of the food and beverage revenue. (St. Louis Business Journal, MO)
UAW agrees to cost-savings plan to help GM May 22, 2009
Although GM does not incur direct costs from the dealers, the sales outlets must be able to invest in the brand to keep GM viable, according to GM executives, who acknowledged the possibility of legal challenges to the dealer plan. In late March, President Barack Obama gave GM another 60 days to come up with a "more aggressive" cost-cutting plan to keep government funding and avert bankruptcy. (Yahoo! Asia News)
Economic burden of asthma: a systematic review May 20, 2009
Asthma is associated with enormous healthcare expenditures that include both direct and indirect costs ... Hospitalization and medications were found to be the most important cost driver of direct costs ... Work and school loss accounted for the greatest percentage of indirect costs. (BioMed Central)
Sensus Announces Fiscal Fourth Quarter 2009 Financial Results and Earnings Call May 17, 2009
Due to the significant advanced technology and software and the absence of stand-alone customer support sales prices, customer billings and incremental direct costs related to these contracts are required to be deferred in accordance with U.S. GAAP for income statement recognition purposes and amortized ratably over the life of the contracts ... Adjusted EBITDA is defined as earnings before interest expense, depreciation and amortization, minority interest and income taxes plus (a) customer... (PR Newswire)
Pacific Energy Resources Ltd. Announces First Quarter 2009 Financial and Operating Results May 16, 2009
(3) Production expenses include lease operating expenses, direct costs and inventory change. (4) Reference "GAAP Reconciliation" above - reconciliation of net income from continuing operations to Adjusted EBITDA. DEFINITIONS bbls/d barrels per day boe barrels of oil equivalent with natural gas converted at 6:1 boe/d barrels of oil equivalent per day with natural gas converted at 6:1 mcf/d thousand cubic feet per day NYMEX New York Mercantile Exchange N/A Not applicable N/M Not meaningful. (CCNMatthews Press Releases)
Akela Pharma reports results for the first quarter of fiscal 2009 May 15, 2009
AKELA PHARMA INC. Consolidated Balance Sheets (Unaudited) March 31, 2009 and December 31, 2008 (in thousands of US dollars) ------------------------------------------------------------------------- ------------------------------------------------------------------------- March 31, December 31, 2009 2008 ------------------------------------------------------------------------- Assets Current assets: Cash $ 3,089 $ 2,345 Restricted cash 600 600 Accounts receivable 2,811 6,070 Prepaid expenses and... (Canada Newswire)
Storm Exploration Inc. Is Pleased to Announce Its Financial and Operating Results for the Three Months Ended March 31, 2009 May 14, 2009
Direct costs, plus price-sensitive royalties, fell by 32% year-over-year, but the decline was insufficient to offset the revenue erosion. Cost management will continue to be a priority in coming months and Storm will shut in additional production if individual wells are not providing a high enough economic return, which may result in lower production levels in future quarters. (CCNMatthews Press Releases)
LAB Research announces its 2009 first quarter financial results May 14, 2009
QUICK SEARCH BY ORGANIZATION. FREE SUBSCRIPTION SERVICES. (Canada Newswire)
ARC Energy Trust announces first quarter 2009 results May 7, 2009
MANAGEMENT'S DISCUSSION AND ANALYSIS ------------------------------------ This management's discussion and analysis ("MD the Trust management's analysis of its financial performance and significant trends or external factors that may affect future performance. It is dated May 5, 2009 and should be read in conjunction with the unaudited Consolidated Financial Statements for the period ended March 31, 2009 and the audited Consolidated Financial Statements and MDt and for the year ended December... (Canada Newswire)
The Churchill Corporation Reports First Quarter Financials May 7, 2009
As such, this cash is restricted to the payment of direct costs related to specific construction projects ... Contract income is calculated by deducting all associated direct and indirect costs from contract revenue in the period. (Canada Newswire)
An R&D machine in need of direction May 2, 2009
Some research dollars go directly to researchers predominantly through granting councils such as the Canadian Institutes of Health Research, the Natural Sciences and Engineering Research Council of Canada and the Social Sciences and Humanities Research Council to support the direct costs of their investigations, such as buying equipment or hiring research assistants ... These are the indirect costs of research and are borne by the institutions, such as universities, where these investigators... (Globe and Mail)
First Industrial Realty Trust Reports First Quarter 2009 Results May 1, 2009
FAS 141R states direct costs of a business combination, such as transaction fees, due diligence costs and consulting fees no longer qualify to be capitalized as part of the business combination. Instead, these direct costs need to recognized as expense in the period in which they are incurred. (PR Newswire)
Can Congress Make Health-Care Reform Pay for Itself? May 1, 2009
And most of the savings will accrue not to the Federal Government whose direct costs for health care are felt largely through the Medicare and Medicaid programs but to the economy writ large, where health care now accounts for about 17% of all spending, more than double its percentage in 1970. "Ironically, the things that may wind up being the most important are the things that we will get little or no credit for" under the budget rules, says White House Office of Management and Budget Director... (Time.com)
Macro Enterprises Inc. Announces 2008 Fourth Quarter and Year End Results May 1, 2009
- Direct costs as a percentage of revenue decreased from the third quarter due to improved project execution and proportionately more cost plus contracts ... Direct costs were 78. (CCNMatthews Press Releases)
