Delphi Reports Strong Third Quarter Financial and Operating Results Nov 5, 2009
Certain accounting policies require management to make decisions with respect to the formulation of estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses ... The Company has developed a high level changeover plan to assess in detail all aspects of the changeover to IFRS, including appropriate changes to accounting policies and financial disclosures, effects on information systems and processes, changes to internal controls over financial... (CCNMatthews Press Releases)
Fairborne Energy Ltd. Announces 2009 Third Quarter Financial and Operating Results Nov 4, 2009
CHANGE IN ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS ... Analysis of differences between IFRS and Fairborne's current accounting policies continues, and the impact of various alternatives is being assessed ... The interim consolidated financial statements have been prepared following the same accounting policies and methods of computation as the consolidated financial statements for the year ended December 31, 2008. (CCNMatthews Press Releases)
Community Capital Corporation Announces Completion of Offering and Results of Operations for Third Quarter Oct 31, 2009
" Community Capital Corporation is the parent company of CapitalBank, which operates 18 community oriented branches throughout upstate South Carolina and offers a full array of banking services, including a diverse wealth management group. Additional information on CapitalBank's locations and the products and services offered are available at . Cautionary Note Regarding Forward-Looking Statements Some of our statements contained in this news release are "forward-looking statements" within the... (Primezone Releases)
IGM Financial Inc. Reports Third Quarter Earnings Oct 30, 2009
These factors include, but are not limited to: the impact or unanticipated impact of general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, management of market liquidity and funding risks, changes in accounting policies and methods used to report financial condition (including uncertainties associated with critical accounting assumptions and estimates), the effect of applying future accounting... (CCNMatthews Press Releases)
Norbord Reports Third Quarter 2009 Results Oct 30, 2009
In particular, the Company's significant accounting policies and practices were presented in Note 1 to the annual consolidated financial statements, and have been consistently applied in the preparation of these interim financial statements, except as described within Note 2 below ... Note 2 - Changes in Accounting Policies --------------------------------------- Property, Plant and Equipment In accordance with CICA Handbook Section 3061, Property, Plant and Equipment, depreciation methods... (Canada Newswire)
First Busey Announces Third Quarter 2009 Loss, Goodwill Impairment, Pre-Provision Profit and Dividend Payment Oct 28, 2009
These factors include, among others, the following: (i) the strength of the local and national economy; (ii) the economic impact of any future terrorist threats or attacks; (iii) changes in state and federal laws, regulations and governmental policies concerning the Company's general business; (iv) changes in interest rates and prepayment rates of the Company's assets; (v) increased competition in the financial services sector and the inability to attract new customers; (vi) changes in... (Primezone Releases)
Enterprise Financial Reports Third Quarter 2009 Results Oct 24, 2009
Factors that could cause or contribute to such differences include, but are not limited to, burdens imposed by federal and state regulations of banks, credit risk, exposure to local and national economic conditions, risks associated with rapid increase or decrease in prevailing interest rates, effects of mergers and acquisitions, effects of critical accounting policies and judgments, legal and regulatory developments and competition from banks and other financial institutions, as well as other... (Primezone Releases)
Canfor Pulp Income Fund Announces Third Quarter 2009 Results Oct 24, 2009
Various accounting policy choices have been identified to date and are being considered by the steering committee of the Partnership ... The Partnership is currently in the analysis and accounting policy design phase and is assessing the impact of these policies on its consolidated financial statements, information systems, processes and controls ... Various accounting policy choices have been identified to date and are being considered by the steering committee. (CCNMatthews Press Releases)
Challenges in implementing new financial reporting standards Oct 23, 2009
Meanwhile, an entity is only permitted to change its accounting policies for insurance contracts if the changes improve either the relevance or the reliability of its financial statements ... The first principle states that the insurer is required to disclose its accounting policies for insurance contracts, the key amounts of the recognised assets, liabilities, income and expenses arising from insurance contracts. (The Star Online, Malaysia -- Business)
Interfor's Results Improve in 3rd Quarter Oct 23, 2009
Accounting Policy Changes ... Future Accounting Policy Changes ... While the effects of IFRS have not yet been fully determined, the Company has identified a number of key areas which are likely to be impacted by changes in accounting policy, including: property, plant, and equipment; logging roads and bridges; impairment of assets; provisions, including reforestation liabilities and asset retirement obligations; and employee future benefits. (CCNMatthews Press Releases)
READ: Wells Fargo's press release Oct 22, 2009
Several factors could cause actual results to differ materially from expectations including: current and future economic and market conditions, including the effects of further declines in housing prices and high unemployment rates; our capital requirements and our ability to generate capital internally or raise capital on favorable terms; the terms of capital investments or other financial assistance provided by the U.S. government; legislative proposals to allow mortgage cram-downs in... (USA Today -- Money)
Fascinating look at board workings Oct 9, 2009
IMF claims that Oz's accounting policy in 2007 required borrowings be classified as as current liabilities unless there was an ''unconditional right'' to defer settlement for at least 12 months. It is the broader context that will interest boards, however. (Sydney Morning Herald -- Business)
Franklin Electric Schedules Its Third Quarter 2009 Earnings Release and Conference Call Oct 8, 2009
Any forward-looking statements contained herein, including those relating to market conditions or the Company's financial results, expense reductions, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company's business and industry, weather conditions, new housing starts, market demand, competitive factors,... (Primezone Releases)
Gerdau Ameristeel Reports Early Adoption of International Financial Reporting Standards for the Year Commencing January 1, 2009 Sep 23, 2009
The Company has substantially completed the process to transition from US GAAP to IFRS. The Company's comprehensive IFRS conversion plan (the "Plan") addresses changes in accounting policies, restatement of comparative periods, internal controls and any required changes to business processes ... - Assessment: To establish project governance, develop a detailed project plan and timeline and identify key areas that will be impacted by the transition to IFRS. - Conversion: To identify specific... (PR Newswire)
SABMiller suffers Rs 65-crore loss Sep 21, 2009
A SABMiller India spokesperson attributed the losses to a one-time impact of Rs 34 crore caused by a change in container accounting policy coupled with a 182% rise in interest costs on increase in borrowings and interest rates as well as cost pressures due to surging commodity prices and glass bottles. Even as increased depreciation charged to the Pccount of a newly-commissioned brewery in Haryana last fiscal impacted the company, state regulations, which restricted it from meeting inflated... (India Times)
Integra Bank Corporation Announces Suspension of Dividend Sep 19, 2009
Factors that might cause such a difference include, but are not limited to: (1) the effects of the current recession in the markets in which we primarily do business; (2) changes in the interest rate environment that reduce our net interest margin; (3) unanticipated additional loan charge-offs and loan loss provisions; (4) our ability to maintain required capital levels and adequate sources of funding and liquidity; (5) additional declines in value of our investment securities portfolio,... (Primezone Releases)
First Financial Bank, N.A. Acquires the Banking Operations of Irwin Union Bank and Trust Company and Irwin Union Bank, F.S.B. Sep 19, 2009
Factors that could cause actual results to differ from those discussed in the forward-looking statements include, but are not limited to, management's ability to effectively execute its business plan; the risk that the strength of the United States economy in general and the strength of the local economies in which First Financial conducts operations continue to deteriorate, resulting in, among other things, a deterioration in credit quality or a reduced demand for credit, including the... (PR Newswire)
Sasol Limited Financial Results for the Year Ended 30 June 2009 Sep 14, 2009
Basis of preparation and accounting policies ... The accounting policies applied in the presentation of the preliminary summarised consolidated financial results are consistent with those applied for the year ended 30 June 2008, except as follows. (PR Newswire)
Harry Winston Diamond Corporation Announces Second Quarter Fiscal 2010 Results Sep 11, 2009
Certain policies are more significant than others and are, therefore, considered critical accounting policies. Accounting policies are considered critical if they rely on a substantial amount of judgment (use of estimates) in their application or if they result from a choice between accounting alternatives and that choice has a material impact on the Company's reported results or financial position ... There have been no changes to the Company's critical accounting policies or estimates from... (PR Newswire)
Five People Who Stayed Clean in Banking's Bilge Sep 10, 2009
former vice president of accounting policy, AIG Financial Products ... According to his letter, St. Denis told the divisions general counsel he could not accept the risk to AIG and myself of being isolated from corporate accounting policy personnel. (Bloomberg -- Columnists)
Sapiens Announces Settlement Agreement Signed With Chief Scientist Sep 9, 2009
Except for historical information contained herein, the matters set forth in this release are forward-looking statements that are dependent on certain risks and uncertainties, including such factors, among others, as market acceptance, market demand, pricing, changing regulatory environment, changing economic conditions, risks in new product and service development, the effect of the Company's accounting policies, specific system configurations and software needs of individual customers and... (PR Newswire)
Rosen Law Firm Announces Class Action Lawsuit Against Immersion Corporation -- IMMR Sep 5, 2009
In particular, the complaint asserts that defendants failed to disclose that Immersion's revenue recognition policies in its Medical line of business were improper and violated GAAP and the Company's own internal accounting policies. When the truth about Immersion's alleged improper accounting practices began to enter the market, the price of the Immersion's stock drastically fell. (Primezone Releases)
Gendis Inc. Announces Second Quarter Results Sep 5, 2009
Significant Accounting Policies and Basis of Presentation ... These interim financial statements follow the same accounting policies and methods of application as the audited annual consolidated financial statements at January 31, 2009. (CCNMatthews Press Releases)
Ridley Inc. Reports Financial Results for Fiscal 2009 Fourth Quarter Sep 3, 2009
Other changes in accounting policies noted in Ridley's interim financial statements had no material effect on its financial condition ... Significant accounting policies and basis of presentation ... These interim unaudited consolidated financial statements are based on accounting principles and practices consistent with those used in preparation of the annual audited financial statements, with the exception of the changes in accounting policies as outlined in Note 2. (CCNMatthews Press Releases)
Your 10 questions Aug 29, 2009
Many economists are of the opinion that the current economic crisis is mainly due to the Mark-to-Market accounting policies. What is your view on this. (The Star Online, Malaysia -- Business)
Minera IRL Limited: Interim Results for the Six Month Period Ended 30 June 2009 Aug 28, 2009
The consolidated financial information contained in this Interim Report has been presented and prepared in a form consistent with the annual accounts and in accordance with accounting policies and standards applicable to those annual accounts. This Interim Report has been approved for issue by the Board of Directors on 27 August 2009. (CCNMatthews Press Releases)
OMT Reports Results for Three Months Ended June 30, 2009 Aug 28, 2009
Changes in Accounting Policies ... Significant accounting policies ... The Company's accounting policies are in accordance with accounting principles generally accepted in Canada and are consistent with those outlined in the annual audited financial statements except where stated below. (CCNMatthews Press Releases)
Accor: 2009 First-Half Results Aug 27, 2009
4pts - (1) As a result of applying IFRIC 13 from January 1, 2009, the Group reviewed its accounting policy for recognizing award credits under customer loyalty programs. The new accounting method has been applied on a retrospective basis, with pro forma data provided for the six months ended June 30, 2008. (PR Newswire)
Metanor-To File Restatement of Financials Aug 26, 2009
The Company intends to change certain of its accounting policies in order to comply with Canadian Institute of Chartered Accountants' Accounting Guideline 11 (AcG-11"), "Enterprises in the Development Stage" and to respect the dispositions mentioned in the National Instrument 43-101 relating to the mining projects information ("NI 43-101"). These modifications reflect in particular, the opinion that as long as the Company did not proven mineral reserves and reach the criteria allowing her to be... (CCNMatthews Press Releases)
TTI Telecom to Report Second Quarter 2009 Financial Results On August 25, 2009 Aug 24, 2009
Forward looking statements in this release involve a number of risks and uncertainties including, but not limited to, product demand, pricing, market acceptance, changing economic conditions, risks in product and technology development, the effect of the Company's accounting policies as well as certain other risk factors which are detailed in the Company's SEC filings. Contact. (Primezone Releases)
In realty, financial disclosure's a tall order Aug 22, 2009
This is important when there is an emphasis on having accounting policies that are consistent. Mumbai-based Ackruti City, for instance, changed the threshold limit for revenue recognition. (India Times)
China Finance Online Reports Unaudited Second Quarter 2009 Results Aug 21, 2009
Potential risks and uncertainties include, but not limited to, our historical and possible future losses, limited operating history, uncertain regulatory landscape in the People's Republic of China, fluctuations in quarterly operating results, our ability to successfully compete against new and existing competitors, our reliance on relationships with Chinese stock exchanges and raw data providers, changes in accounting policies, our ability to successful acquire and integrate businesses and the... (PR Newswire)
Bassett Reports SEC Accounting Review Close to Completion Aug 21, 2009
The Company worked very closely with its external auditors and with the Staff of the SEC in the reevaluation of the accounting policies and processes related to the questions raised by the SEC in its comment letters ... The increased net loss is primarily due to increased reserves and valuation adjustments related to long-term notes receivable as a result of the Company's reevaluation of its accounting policies and processes surrounding its licensee notes receivable. (Primezone Releases)
Jannock Properties Limited Reports June 30, 2009 Results Aug 19, 2009
Summary of significant accounting policies ... They have been prepared using the same accounting policies as set out in Note 2 to the financial statements for the year ended December 31, 2008 and should be read in conjunction with those financial statements. (CCNMatthews Press Releases)
Cellcom Israel Announces Second Quarter 2009 Results and Strengthens its Position as the Market Leader Aug 17, 2009
Following the Company's earnings release for the first quarter of 2009, dated May 26, 2009, relating to the accounting treatment for subscriber acquisition and retention costs, management has decided to change its accounting policy to recognize certain subsidies provided to handsets which are sold with a service agreement containing guaranteed minimum future revenue, as additional costs that are eligible for capitalization. Under the Company's previous accounting policy, capitalized customer... (PR Newswire)
Community Capital Corporation Announces $20 Million Rights Offering Aug 15, 2009
These forward-looking statements involve risks and uncertainties and may not be realized due to a variety of factors, including, but not limited to, the following: our ability to raise capital pursuant to the rights offering; our ability to negotiate and enter into standby purchase agreements with potential standby purchasers; the challenges, costs and complications associated with the continued development of our branches; the potential that loan charge-offs may exceed the allowance for loan... (Primezone Releases)
NuVista Energy Ltd.: Second Quarter Interim Report Aug 14, 2009
Certain accounting policies are critical to understanding the financial condition and results of operations of NuVista ... Update on accounting policies and financial reporting matters ... The unaudited consolidated financial statements of NuVista Energy Ltd. ("Nuvista" or "the Company") have been prepared by management in accordance with Canadian Generally Accepted Accounting Principles ("GAAP"), using the same accounting policies as those set out in note 1 to the consolidated financial... (CCNMatthews Press Releases)
Bankers Petroleum announces second quarter financial and operational results Aug 14, 2009
The preparation of interim financial statements is based on accounting principles and practices consistent with those used in the preparation of annual financial statements, except for the following changes in accounting policies: Goodwill (Section 3064) - This section applies to goodwill subsequent to initial recognition and establishes standards for the recognition, measurement, presentation and disclosure of goodwill and intangible assets. This new standard does not have an impact on Bankers'... (PR Newswire)
Advantage Announces 2nd Quarter Results 2009 Aug 14, 2009
Quick Search by Organization. FREE SUBSCRIPTION SERVICES. (Canada Newswire)
Clairvest Reports Fiscal 2010 First Quarter Results Aug 14, 2009
ADOPTION OF NEW ACCOUNTING POLICIES. Effective fiscal 2010, the Company adopted the Emerging Issues Committee Abstract 173 ("EIC-173"), "Credit Risk and the Fair Value of Financial Assets and Financial Liabilities". (CCNMatthews Press Releases)
Storm Exploration Inc. Is Pleased to Announce Its Financial and Operating Results for the Three and Six Months Ended June 30, 2009 Aug 14, 2009
Accounting policies adopted by the Company are set out in footnote 2 to the unaudited consolidated financial statements for the three and six months ended June 30, 2009 and in footnote 2 to the Company's audited consolidated financial statements for the year ended December 31, 2008 ... Financial amounts included in the Company's management's discussion and analysis and in the unaudited consolidated financial statements for the three and six months ended June 30, 2009 are based on accounting... (CCNMatthews Press Releases)
Amsterdam Molecular Therapeutics Reports Half Year Results 2009 Aug 13, 2009
The accounting policies are consistent with those of the annual financial statements for the year ended December 31, 2008, as described in the annual financial statements for the year ended December 31, 2008. Please refer to our website for the condensed interim financial report June 30, 2009. (PR Newswire)
TriMas to Move Stock Listing to the NASDAQ Global Market(R) Aug 13, 2009
Any "forward-looking" statements contained herein, including those relating to market conditions or the Company's financial condition and results, expense reductions, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including, but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company's business and industry, the Company's substantial leverage, liabilities imposed by the... (PR Newswire)
Pure Energy Services Ltd. Announces Results for the Second Quarter Ended June 30, 2009 Aug 13, 2009
Changes in Accounting Policies ... There are a number of differences between IFRS and Canadian generally accepted accounting principles ("GAAP") which may result in a number of changes to the Corporation's accounting policies and disclosures as a result of the transition to IFRS. ... The Corporation has established an IFRS conversion steering committee which will be reviewing the Corporation's existing accounting policies and disclosures during 2009 and assessing the impact to these policies and... (CCNMatthews Press Releases)
BELLUS Health reports results for first half of fiscal 2009 Aug 12, 2009
For discussion regarding related-party transactions, contractual obligations, disclosure controls and procedures, internal control over financial reporting, critical accounting policies and estimates, recent accounting pronouncements, and risks and uncertainties, refer to the Annual Report and the Annual Information Form for the year ended December 31, 2008, as well as registration statements and other public filings, which are available on SEDAR at. This document contains forward-looking... (PR Newswire)
Vista Gold Corp. Announces Second Quarter Financial Results and Conference Call With Management Aug 8, 2009
We capitalized the remaining 57% as additions to mineral properties in accordance with SFAS No. 34 and our accounting policy. Other income and expense. (PR Newswire)
Reading International Announces Record 2nd Quarter 2009 Results Aug 8, 2009
Changes in applicable accounting policies and practices. The above list is not necessarily exhaustive, as business is by definition unpredictable and risky, and subject to influence by numerous factors outside of our control such as changes in government regulation or policy, competition, interest rates, supply, technological innovation, changes in consumer taste and fancy, weather, and the extent to which consumers in our markets have the economic wherewithal to spend money on beyond-the-home... (Yahoo! Wire -- Entertainment News)
Freddie Mac Releases Second Quarter 2009 Financial Results Aug 8, 2009
For a discussion of risks and uncertainties that could adversely affect the company's business, financial condition, results of operations, capital position, cash flows, strategies and/or prospects, see "NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES" in the company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2009, "RISK FACTORS" and "NOTE 1: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES" in the company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2009 and... (PR Newswire)
A CIMB transformed Aug 8, 2009
It will result in greater regulation, a change in minimum capital requirements, accounting policies, etc. Over time, the market will liberalise to a greater extent and we have to compete. (The Star Online, Malaysia -- Business)
Fairborne Energy Ltd. Announces 2009 Second Quarter Financial and Operating Results Aug 7, 2009
CHANGE IN ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS ... Analysis of differences between IFRS and Fairborne's current accounting policies continues, and the impact of various alternatives is being assessed ... The interim consolidated financial statements have been prepared following the same accounting policies and methods of computation as the consolidated financial statements for the year ended December 31, 2008. (CCNMatthews Press Releases)
PRT Announces Results for Second Quarter of 2009 Aug 7, 2009
Significant accounting policies ... The interim financial statements follow the same accounting policies and method of application as the most recent annual consolidated financial statements, except as described in note 2. (CCNMatthews Press Releases)
Bonavista Energy Trust Announces Second Quarter Results Aug 7, 2009
Changes in accounting policies. a) Goodwill. (CCNMatthews Press Releases)
Calfrac Announces Second Quarter Results and Expansion Program Aug 7, 2009
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) The interim financial statements follow the same accounting policies and methods of application as the most recent annual financial statements, except for the adoption of the Canadian Institute of Chartered Accountants (CICA) Handbook Section 3064 Goodwill and Intangible Assets ... As the Company will be required to report its results in accordance with IFRS starting in 2011, the Company has developed its project plan which includes the following... (Canada Newswire)
Paramount Energy Trust Releases Second Quarter 2009 Financial and Operating Results and Confirms August Distribution Aug 7, 2009
25 per GJ. (2) These are non-GAAP measures; see "Significant accounting policies and non-GAAP measures" in management's discussion and analysis ... Readers are referred to advisories and further discussion on non-GAAP measures contained in the "Significant Accounting Policies and non-GAAP Measures" section of management's discussion and analysis ... Please refer to "Significant Accounting Policies and Non-GAAP Measures" included in management's discussion and analysis. (PR Newswire)
Firm Capital Mortgage Investment Trust Announces Strong Second Quarter Results Aug 7, 2009
The unaudited interim period financial statements were prepared in accordance with Canadian generally accepted accounting principles ("GAAP") and follow the same accounting policies and methods of application with those used in the preparation of the audited financial statements for the year ended December 31, 2008 ... Summary of significant accounting policies ... The Trust's accounting policies and its standards of financial disclosure are in accordance with Canadian generally accepted... (CCNMatthews Press Releases)
Argosy Energy Inc. Announces 2009 Second Quarter Results Aug 7, 2009
Statements relating to "reserves" or "resources' are deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described can be profitably produced in the future.Investors should not place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. These forward-looking statements are made as of the date... (CCNMatthews Press Releases)
Trican-2009 Second Quarter Results Aug 6, 2009
- Drafted a set of full IFRS financial statements, including draft IFRS accounting policies applicable to Trican ... During the implementation phase, we will execute the required changes to business processes, financial systems, accounting policies, and internal controls over financial reporting ... The Company's interim financial statements follow the same accounting policies and methods of their application as of the most recent annual financial statements, except where any change has been... (CCNMatthews Press Releases)
Daylight Resources Trust Reports Second Quarter 2009 Financial and Operating Results- RECORD PRODUCTION DRIVES INCREASED FUNDS FROM OPERATIONS Aug 6, 2009
This MD&A also compares the results of the six months ended June 30, 2009 ("YTD 2009") to the six months ended June 30, 2008 ("YTD 2008). All references are to Canadian dollars unless otherwise indicated.NON-GAAP MEASURESDaylight Resources Trust ("Daylight" or the "Trust") utilizes the following terms for measurement within the MD&A that do not have standardized prescribed meaning under GAAP and these measurements may not be comparable with the calculation of similar measurements of other... (CCNMatthews Press Releases)
Aeroquest International Limited (TSX:AQL) Announces Financial Results for the Three and Nine Months Ended June 30, 2009 Aug 6, 2009
30, 08 Assets (Unaudited) (Audited) Current Cash and cash equivalents $ 8,001,020 $ 15,373,132 Accounts receivable 2,435,513 8,640,293 Income taxes recoverable 1,917,565 - Unbilled contracts in progress 672,849 2,169,861 Inventory 157,028 132,853 Prepaid expenses and deposits 1,391,393 640,875 ---------------------------- Total current assets 14,575,368 26,957,014 Long term Long term investments 99,138 30,501 Capital assets 13,070,653 10,890,000 Intangible assets 19,192,397 19,847,842 Goodwill... (CCNMatthews Press Releases)
S&P cuts Tata rating over JLR worries Aug 5, 2009
S&P cuts Tata rating over Jaguar Land Rover worries- Stocks in News-Stocks-Markets-The Economic Times. S&P cuts Tata rating over Jaguar Land Rover worries4 Aug 2009, 1850 hrs IST, AGENCIES. (India Times)
Bancolombia Announces Consolidated Financial Results for the Quarter Ended June 30, 2009 Aug 4, 2009
There have been no changes to the Bank's principal accounting policies in the quarter ended June 30, 2009. The statements of income for the quarter ended June 30, 2009 are not necessarily indicative of the results for any other future interim period. (PR Newswire)
FDIC Reminder on Second-Lien Woes Aug 4, 2009
But , the vice president for lending and accounting policy at the Independent Community Bankers of America, said bankers should definitely expect more scrutiny on the issue from examiners. "It appears that, clearly, the banking regulators see that some banks aren't looking at these closely enough that they felt the need to remind the banks of this guidance," she said. (American Banker)
Idaho Power Files General Rate Increase Request in Oregon Aug 1, 2009
Factors that could cause actual results to differ materially from the forward-looking statements include: The effect of regulatory decisions by the Idaho Public Utilities Commission, the Oregon Public Utility Commission and the Federal Energy Regulatory Commission affecting our ability to recover costs and/or earn a reasonable rate of return including, but not limited to, the disallowance of costs that have been deferred; changes in and compliance with state and federal laws, policies and... (PR Newswire)
Global Recession Continues to Weigh Heavily on Canfor's Operating Results in Second Quarter Jul 31, 2009
CHANGES IN ACCOUNTING POLICIES ... Significant Accounting Policies and Changes in Accounting Policies ... These interim financial statements follow the same accounting policies and methods of computation as used in the 2008 consolidated financial statements, except as noted below. (CCNMatthews Press Releases)
Cascade Bancorp (Oregon) Announces Filing of Form 10-Q Quarterly Report and Financial Results for the Second Quarter of 2009 Jul 31, 2009
Such risks and uncertainties may include but are not necessarily limited to general and local economic conditions, including the residential and commercial real estate markets; changes in interest rates, including timing or relative degree of change; inflation; credit quality and concentrations; our ability to raise additional capital to address the risk of exacerbated or protracted economic declines; competition within the business areas in which Cascade is conducting its operations; changes in... (PR Newswire)
