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March 1, 1987
Ultrasystems Inc. said it expects to post record revenues for its fiscal year ended Jan. 31, but it said profits will slip because of the third quarter write-off of its investment in the Dawn Enterprises ethanol refinery in North Dakota. Phillip J. Stevens, president of the Irvine-based engineering and alternate energy systems company, said he expects revenues to total about $154 million, up about 1% from $152.6 million the previous year. Profits should be "in excess" of $1.
January 11, 1998
Re "Piecemakers Invoke a Higher Power in Fight With City," Dec. 29: Addressing the question, "Is it right to pay taxes" to civil authorities, Jesus answered: "Give to Caesar what is Caesar's," that is, the taxes due him, "and to God what is God's." Now, which do the Piecemakers honor more, God's word--or their $3-million-a-year [revenues]? BONNIE COMPTON HANSON Santa Ana
August 10, 1992
I cannot believe that the city of Thousand Oaks has turned down the shopping and housing project that was proposed on Reino Road and Kimber Drive. They have forgotten that there are a lot of people out of work. They also forgot about the revenues that the city would receive from each retailer, and that's not counting the permit and building fees they would collect. It seems that they are helping the recession, not ending it. JUDY MILIN Newbury Park
March 27, 1986 | GREG LUCAS
Belcor Inc. posted earnings of $72,710 on revenues of $1.1 million for the first quarter of its 1986 fiscal year, contrasted with earnings of $444,846 for the same period last year. But the Irvine oil and gas exploration company, which changed its name from Transierra Exploration Corp. in July, 1985, said only $7,453 of its prior first-quarter profit came from operations. The remaining $437,393 was an extraordinary gain resulting from restructuring the debt of one of the company's subsidiaries.
May 20, 1997
Incomnet Inc. posted a record $1.01-million income in the first quarter, up 140% from $418,000 the year before. Revenues for the Woodland Hills-based company rose to $31.2 million for the quarter that ended March 31, up 29% from $24.4 million a year earlier. On May 13, Incomnet purchased California Interactive Computing Inc., a Valencia-based software company, for $1.8 million.
October 25, 2006
Re "It just doesn't add up," Opinion, Oct. 22 One of Nobel economics laureate Edmund Phelps' major contributions was to determine the proper amount of saving needed to maximize consumption in the future. A similar relationship exists between taxation and tax receipts. What is the tax rate that will maximize future revenues? Jonathan Chait's trivial observation that lowering tax rates today lowers revenues today ignores Phelps' thinking. What should tax rates be to maximize both economic growth and tax revenues over 10 or 20 years?
March 25, 2010 | By Wailin Wong
U.S. mobile phone users are talking, texting and surfing the Web more than ever, according to new data from a wireless industry trade group. CTIA's latest semiannual industry survey by CTIA -- the Wireless Assn. showed that in the last half of 2009, consumers used more than 1.1 trillion minutes, up 38 billion from the same period in 2008. Consumers sent almost 5 billion text messages per day in the last half of 2009. The group did not offer a comparable figure for text messaging from 2008, but it did say that the number of multimedia messages -- those that contain a picture or video -- more than doubled year over year.
August 29, 2012 | By Helene Elliott
Chief executives of the NHL and the NHL Players' Assn. met for about 90 minutes on Wednesday to discuss the league's second labor proposal but were still at odds over the definitions of "hockey-related revenues" and how the NHL would phase in a reduction of players' salaries over the course of its proposed six-year deal. Donald Fehr, executive director of the NHLPA, told reporters in New York that the union would deliver a response on Thursday or Friday after it had crunched numbers to determine how individual teams would be affected by the league's proposed terms.
September 5, 2012 | By Richard Simon
WASHINGTON -- Now that Hurricane Isaac has passed , a political storm is brewing in Congress over a new effort by coastal lawmakers to secure a larger share of federal royalties from energy production off their shores to fund projects such as flood protection. But the idea faces opposition from lawmakers who say it would siphon away money needed to help pay Uncle Sam's bills. Sen. Mary Landrieu (D-La.) stoked the debate by appealing to President Obama during his visit to the storm-battered Gulf Coast earlier this week to support letting states share 37.5% of federal revenues from energy production off their coasts.
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