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Archive for September, 2006

I-920 backers: Estate tax unfair to business

by @ Friday, September 22nd, 2006. Filed under Uncategorized
to make ends meet and must pay unemployment and worker compensation taxes - without also paying a tax debt for 15 years. Literature put out by the Yes on I-920 group says estates can be subject to nearly 70 percent taxation, but that includes a federal

COMMENCES BUSINESS

by @ Friday, September 22nd, 2006. Filed under Uncategorized
8 million solid balance sheet with a cash and bullion balance in excess of US$210 million and limited debt as well as market capitalization of US$3 billion. A report from Botswana Stock Exchange has revealed that the new IAMGOLD is uniquely positioned

Feltex tipped for fast sale by receivers

by @ Friday, September 22nd, 2006. Filed under Uncategorized
then unsecured creditors. Only once they were paid could shareholders expect any payout. Feltex's failure reflects its high debt, mainly as a result of buying carpet maker Shaw Industries for $111 million in 2000. Feltex's debt and high interest costs

The rescue that failed

by @ Friday, September 22nd, 2006. Filed under Uncategorized
on a deal and going back on its word to give Feltex till October 20 to refinance its debt. ANZ said yesterday that it had 'no choice but to appoint receivers' and named McGrathNicol & Partners as receivers and managers. The bank said, however, that no

AP: Shuler-Linked Firm Pays Back Taxes

by @ Friday, September 22nd, 2006. Filed under Uncategorized
and penalties for the 2004 and 2005 tax years for the company's 1.84-acre headquarters site in Knoxville. That debt was listed on a roster of delinquent tax payments issued earlier this month by the city. * The city had been owed an additional $8,122.72

Tribune Threatens To Break Up Company

by @ Friday, September 22nd, 2006. Filed under Uncategorized
stock buyback or sale of parts of the company suggests Tribune won't be focusing on reducing its huge debt, which totaled $4.9 billion as of July. Under Chairman and CEO Dennis FitzSimons, the struggling media company is moving quickly beyond the plan it

Senate Finance Committee approves $10.3 million fund transfer to 10 agencies

by @ Friday, September 22nd, 2006. Filed under Uncategorized
Luis Hospital's fund transfer of $909,071 from vacancies to pay a portion of its $5 million outstanding WAPA debt. - Schneider Hospital fund transfer of $1.3 million to pay down part of its $1.5 million WAPA debt, to pay its vendors and to replace its

Canadian Real Estate Investment Trust Acquires an Interest in Boucherville Retail Property

by @ Friday, September 22nd, 2006. Filed under Uncategorized
purchase price of $70.7 million will be satisfied with cash, and the assumption of $35.3 million in existing debt carrying a weighted average interest rate of 6.22% and maturing in December, 2016.The property is comprised of approximately 507,000 square

Mindready Solutions Reports Second Quarter 2006 Results

by @ Friday, September 22nd, 2006. Filed under Uncategorized
Accrued liabilities 2,609 2,385 Income taxes payable 104 - Deferred revenue 965 495 Current portion of obligations, long-term debt and convertible term notes 546 7,271 -------------------------------------------------------------------- 6,602

Vitarich ordered to halt debt payments

by @ Friday, September 22nd, 2006. Filed under Uncategorized
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