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    News and Articles on Pro Forma

    Archives: Pro Forma

    $US4.4b fees for BHP's Rio bid  Oct 7, 2008
    A pro forma income statement indicated Rio would have earned 42 per cent of the combined company's profits in the financial year that ended June 30 - just short of the 44 per cent of the combined company on offer - but the Rio profit figure included extraordinary items such as $US1. 5 billion in after-tax profits from asset sales. (Sydney Morning Herald -- Business)

    * Taiwan supporters laud weapons sale  Oct 5, 2008
    While the House approved a US$700 billion financial bailout on Friday and left town to campaign for re-election, the Senate decided to stay on in so-called pro forma session and hold a lame-duck session beginning on Nov. 17 to clear unfinished business. That would allow the administration to forward additional notifications on items that were absent from its notifications list, if it wishes. (Taipei Times, Taiwan)

    Westaim enters into reorganization agreement valuing Westaim at $0.60 per share  Oct 4, 2008
    The businesses to be acquired had combined revenue of approximately $164 million, pro forma net income of approximately $10 million, pro forma adjusted net income of approximately $21 million and pro forma adjusted EBITDA of approximately $30 million for the year ended December 31, 2007. Following the reorganization and a $15 million private placement of Westaim common shares, the completion of which is a condition of closing the reorganization, Westaim will have pro forma working capital of... (PR Newswire)

    Wells Fargo buys Wachovia for $15.1-billion  Oct 4, 2008
    37-trillion in estimated pro forma assets as of the end of this year. As of June 30, Bank of America Corp. had $2. (Globe and Mail)

    Senate Plans Pro Forma Sessions  Oct 3, 2008
    As the House grapples with its own way of dealing with the economic rescue plan, the Senate on Thursday turned the lights off with the hope of proceeding in pro forma session until after the November elections ... closed down the Senate until Monday afternoon, when the Senate will reconvene for the first of many pro forma sessions ... Levin said the Senate will hold only pro forma sessions unless the House fails to pass the financial bailout plan or amends the legislation, which would bounce it... (Roll Call)

    Reeling from Fannie and Freddie, Gateway to be bought by rival half its size  Sep 25, 2008
    Bundy estimates that Gateway shareholders will have about 39 percent of the pro forma company while contributing between 71 percent and 72 percent of loans, deposits and assets. On Wednesday, Gateway said it still needs to raise some $30 million in capital. (Raleigh Triangle Business Journal, NC)

    Oberthur Technologies H1 2008 Results  Sep 23, 2008
    Together with restart of existing contracts, it should allow the new ID division to post healthy growth in H2 2008 versus H2 2007 (pro forma). Overall the company confirms its strong growth objective for 2008 About Oberthur With sales of EUR733,4M in 2007, Oberthur is one of the world leaders in the field of secure technologies. (PR Newswire)

    Harris Stratex Networks Reports Q4 Fiscal 2008 Financial Results  Sep 19, 2008
    Note G - Income tax benefit (expense) - Adjustment to reflect a pro forma 26 percent tax rate for the fourth quarter of fiscal 2008 and the fourth quarter of fiscal 2007 ... Note K - Income tax benefit (expense) - Adjustment to reflect a pro forma 26 percent tax rate for fiscal 2008, and a pro forma 29 percent tax rate for fiscal 2007 ... Note J - Income tax benefit (expense) - Adjustment to reflect a pro forma 26 percent tax rate for the first quarter of fiscal 2008 and a pro forma 30 percent... (PR Newswire)

    Congress eyes solutions for Wall Street woes  Sep 18, 2008
    Senate majority leader Harry Reid announced on Wednesday that he plans to hold the Senate in pro forma sessions after the November elections, so that oversight committees can continue working on the financial crisis. "Secretary Paulson said this would have to take place in the next administration because there's just so much that has to be determined," he said. (Christian Science Monitor -- USA)

    Pro Forma on Tap; Lame Duck, Too?  Sep 18, 2008
    Pro Forma on Tap; Lame Duck, Too ... Pro Forma on Tap; Lame Duck, Too. (Roll Call)

    Democrats' Drilling Bill Angers Environmental Purists  Sep 18, 2008
    announced yesterday that he will not adjourn the chamber once all legislative action is finished and will keep it open in pro forma sessions. As Democrats have done all year when Congress goes on recess, a senator will appear every third day to open and shut the chamber in a matter of seconds. (Washington Post)

    Stocks rise on report of govt. aid for AIG  Sep 17, 2008
    The Fed's regularly scheduled meeting, which many economists had expected would be a pro forma occurrence, is now much anticipated, especially after central banks around the world have loosened money supplies this week. The banks are hoping an injection of capital will help soothe markets following the most serious tumult of the 14-month-old credit crisis. (AZCentral -- Business)

    Bank of America Buys Merrill Lynch Creating Unique Financial Services Firm  Sep 15, 2008
    After the acquisition, Bank of America would be the number one underwriter of global high yield debt, the third largest underwriter of global equity and the ninth largest adviser on global mergers and acquisitions based on pro forma first half of 2008 results. Bank of America was advised by J.C. Flowers LC, Fox-Pitt Kelton Cochran Caronia Waller and Bank of America Securities. (PR Newswire)

    Service Bancorp Announces Expected Significant Write-down of Investments in Fannie Mae and Freddie Mac Preferred Stock; Strata Bank Expected to be 'Adequately Capitalized' as of September 30, 2008  Sep 13, 2008
    The following table presents the Bank's capital position relative to its respective regulatory capital requirements at June 30, 2008, on a historical and a pro forma basis, after giving effect to the other-than-temporary impairment of the FNMA and FHLMC preferred stock discussed above in the amount of $6. 5 million, exclusive of any tax benefit related to the impairment. (PR Newswire)

    Lehman, Merrill, WaMu Wall Street Pariahs  Sep 11, 2008
    He noted, "While Lehman has made solid progress in reducing risk exposures, sizable exposures remain and we remain concerned about the pro forma mix of common vs. preferred/hybrid equity.". Whitney also expressed concern with Lehman's remaining exposures, as she said the residential exposure excluding the BlackRock sale was "marked down to levels that imply default and cumulative loss rates well above the fundamental expectations." She lowered her earnings estimates on Lehman. (SmartMoney)

    WHAT LEHMAN SAYS: Read the full press release  Sep 11, 2008
    2 Billion, Pro Forma for Pending UK Mortgage Transaction -- Commercial Real Estate Exposure Reduced by 18% from $39 ... Pro forma for this transaction, the Firm's residential mortgage exposure is expected to be reduced by 47% to $13. (USA Today -- Money)

    More of this story  Sep 11, 2008
    Meanwhile, the council tabled a proposal from Pro Forma Advisors LLC in which the company would do a thorough analysis of the final two proposals for 23,000 plus 2,000 in expenses ... John H. Turner of Pro Forma worked for the company that did the original economic impact statement on the theater and the Carolina Crossroads Music and Entertainment District project, Councilman Jon Baker noted during the meeting and said afterward Turner has all the background. (Roanoke Rapids Daily Herald, NC)

    'Terribly tawdry'  Sep 9, 2008
    I've been watching a lot of political convention coverage recently, and I have heard time after time, at the end of virtually every speech, the pro forma refrain of "God bless you" (the audience) and, "God bless America."It seems bad enough that they don't appear to have any consideration for the Christians in Mexico, Canada, Australia and everywhere else in the world, but what amazing hubris to imagine that their God is hanging around rooting for just those who live within our borders. Is it... (Fresno Bee -- Opinion)

    Virtual Elections Predict Nov. Outcome  Sep 8, 2008
    I was disappointed too that neither candidate mentioned non-believers during the interview (although Obama has in other venues), even in a pro forma expression of inclusiveness. More significantly, until last month when Obama provided answers to 14 important scientific questions posed by a , none of the many candidates who ran for president has responded to repeated invitations to participate. (ABC News)

    Commercial Financing is Available for the Right Buyer and the Right Property  Sep 4, 2008
    In the heyday, when someone could put down 15 to 20 percent on a property, they could provide one month of historicals and a nice pro forma going forward and they be able to secure a nice five year fixed rate loan with three years of interest only. In comparison, today's market dictates that the days of lending on pro forma numbers or on anticipated increases in rents or occupancies are gone ... The reality is that cap rates are applied to today's numbers not to a pro forma number, and that is... (RealtyTimes)

    Triangle Capital Corporation Announces Updated Investor Presentation is Available On Its Corporate Website  Sep 4, 2008
    Included in this presentation is a current business overview, including pro forma cash and debt positions as of September 1, 2008, annualized yield information based on the Company's recently closed investments and potential yield information based on certain assumptions for future investments. Interested investors may view the presentation at. (Primezone Releases)

    2008 1st Half Results  Sep 2, 2008
    7 billion (+52%) GDF SUEZ publishes unaudited pro forma half-year results for the new Group, comprising 2007 data established on a comparable basis ... Calendar November 13, 2008: Publication of 3rd quarter results November 26, 2008: Investor Day - breakdown of GDF SUEZ pro forma accounts by business line - medium-term outlook, synergies, performance plan One of the world's leading energy providers, GDF SUEZ is active across the entire energy value chain, in electricity and natural gas, upstream... (PR Newswire)

    GDF Suez 1H profit surges on back of energy demand  Sep 1, 2008
    01 billion) on a pro forma basis as if the company had been created on Jan. 1. GDF Suez said its first-half performance had been lifted by growing energy sales in Europe and internationally, as well as high market prices for power. (International Herald Tribune)

    Seminars geared for small businesses  Aug 30, 2008
    -Accrual Accounting Methods, Understanding Financial Statements, Balance Sheets, Profit and Loss Statements, Pro Forma Cash Flow Statements. This class is offered Tuesdays from 6 to 8:30 p.m. Sept. 23, 30 and Oct. 7. (East Hartford Gazette, CT)

    PPR Press Release - 2008 Half Year Results  Aug 29, 2008
    Solid growth in recurring operating income: +10% on a pro forma basis and at comparable exchange rates Group recurring operating income amounted to EUR742 million, up 24% compared to the first half of 2007 ... On a pro forma basis (consolidating Puma and United Retail over the first six months of 2007), Group recurring operating income for the first half of 2008 posted growth of 1% and EBITDA rose by 2% at actual exchange rates ... On a pro forma basis and at comparable exchange rates, Group... (PR Newswire)

    Democrats choose Obama, who greets crowd after Biden speech  Aug 28, 2008
    Clinton, who won nearly 18 million votes and but could not overcome Obama's delegate total, had wanted the pro forma roll call as a cathartic moment for her huge bloc of supporters. The compromise, that allowed her to be nominated and the votes to be counted through a partial roll call of states, provided a middle ground and a hope for united Democratic front. (Auburn Citizen, NY)

    Obama makes history as Democratic nominee  Aug 28, 2008
    Clinton, who won nearly 18 million votes in the state primaries but could not overcome Obama's delegate total, had wanted the pro forma roll call as a cathartic moment for her huge bloc of supporters. Tensions between the two camps were aggravated last week by Obama's decision to name Biden instead of Clinton as his vice presidential running mate. (Hindu)

    Taylor Wimpey Reports $2.6 Billion Loss, Says Talks With Lenders Continue  Aug 27, 2008
    89 billion pounds, on a pro forma basis. Taylor Wimpey built 8,494 homes in the first six months of the year, compared with a pro forma figure of 12,228 a year earlier. (Bloomberg -- UK)

    Bill Clinton to test skills with speech for Obama  Aug 27, 2008
    There were fears in the Obama camp, which felt obliged to allow Clinton's pro forma nomination, that the floor demonstration for his vanquished rival could be a blot on the party's hopes of showing a unified front against the Republicans and their resurgent candidate, John McCain. Today in Americas. (International Herald Tribune -- Travel)

    HP closes on $13.9B purchase of EDS  Aug 26, 2008
    -based HP (NYSE: HPQ) said the companies services businesses had pro forma annual revenue of more than $38 billion at the end of fiscal 2007. The combined services business has 210,000 employees operating in more than 80 countries. (Triangle Business Journal)

    Concert review: 3 Doors Down  Aug 26, 2008
    Both roughly work the same territory, but there's something a lot more likeable about Staind - maybe even just a purity of intent that shone through their pro forma songs, from Right Here to Price to Pay. One thing that forever endeared them to me - after too many coliseum shows listening to lead singers treat the audience to their best Paul Stanley/Diamond Dave screech it was great to hear vocalist Aaron Lewis talk in a normal tone of voice. (Edmonton Journal)

    O'Gara files for $173 million IPO  Aug 26, 2008
    7 million through the first half of this year, according to pro forma financial figures included in the filing. That s a big improvement on O Gara s stand-alone results. (Cincinnati Business Courier, OH)

    Aon to Acquire Benfield Group Limited  Aug 22, 2008
    On a pro forma basis, Aon Benfield Re will serve the majority of insurance and reinsurance carriers globally. Aon expects the new and expanded client relationships afforded by the combination to support continued growth; -- Cost savings and operational efficiencies. (PR Newswire)

    Cracks appearing in U.S. commercial real estate market  Aug 22, 2008
    But that report noted that there are other commercial properties that received similar optimistic underwriting, known as a pro forma loan. 1. (International Herald Tribune)

    3 Stocks to Watch: LEH, JDSU, AUY  Aug 22, 2008
    "With our analysis pointing to continued volatility in JDSU's communication [telecom and mobile] business, as well as modest growth in advanced optical technologies we are trimming our FY09 and FY10 revenue estimates and our pro forma EPS estimates," he wrote. Analyst Paul Bonenfant at Morgan Keegan wrote that it may be tough for JDS to boost its margins, but considering the sales pressure the company's under, it's handling tough times fairly well. (SmartMoney)

    KH council sets 3-mill TRIM rate  Aug 22, 2008
    The pro forma rate assessment does not represent the final taxation rate for the 2009 tax year. Mayor Mary Lou Hildreth was adamant that the public should understand that the council was not raising the city's tax rate. (Bradford County Telegraph, FL)

    bwin Interactive Entertainment AG Results for the First Half 2008  Aug 21, 2008
    H1 2008 (pro Forma Consolidated) Record Gross Gaming Revenues: up 25. 6% to EUR 207. (PR Newswire)

    CEVA Group Plc Reports Solid Progress  Aug 21, 2008
    Following the acquisition of EGL in August 2007, the new combined company had pro forma sales of EUR 6. 3 billion. (PR Newswire)

    Obama TV ad to highlight McCain's link to Ralph Reed  Aug 21, 2008
    Reed previously told the AJC that he merely sent out an e-mail with pro forma language used by anyone asking others to support Senator McCain. Reed told The Hill, a Washington newspaper that covers Congress, that Jamie Reynolds, McCain s Georgia finance chairman, asked him to send the e-mail. (Atlanta Journal-Constitution -- World)

    Ericsson agrees to join ST's mobile chip venture  Aug 21, 2008
    With pro forma 2007 sales of about $3. 6 billion, the fabless joint venture could be a formidable challenger to old bulls such as Infineon, Qualcomm or Texas Instruments. (EETimes)

    FairPoint shows gains, eyes New England conversion  Aug 20, 2008
    In the same period last year, the combined FairPoint and Verizon businesses pro forma earnings were $4 million, or 5 cents per diluted share ... 7 million from pro forma sales of $368. (Charlotte Business Journal, NC)

    Mesa Air Group Reports Third Quarter 2008 Revenues and Earnings  Aug 19, 2008
    Pro forma net loss for the quarter was $2 ... Pro forma net adjustments on an after tax basis were the following: a $4 ... Pro Forma losses included: $1. (PR Newswire)

    Bruins, Soderberg agent not on same page  Aug 19, 2008
    According to Chiarelli, he went so far as to explain to Soderberg that the Bruins would formally suspend him, a pro forma move enabling them to toll Soderberg's contract ahead one more year. By suspending him for the final year on his contract, Soderberg would be obligated to play for the Bruins in 2009-10 should he choose to play in North America. (Boston Globe -- Sports)

    Dems: McCain should cancel Reed fund-raiser  Aug 16, 2008
    I merely sent out an email with pro forma language used by anyone asking others to support Senator McCain. The personal attacks by the Obama campaign are absurd. (Atlanta Journal-Constitution)

    > Related: SunTrust sells Coke shares, Q2 earnings fall  Aug 16, 2008
    97 percent on a pro forma basis, the earnings release stated. Wells said the bank's capital base has "improved substantially because of the Coca-Cola stock transactions.". (Atlanta Business Chronicle, GA)

    Yuhe International Inc. Reports Strong Second Quarter 2008 Results  Aug 15, 2008
    For comparison purposes, the Company has provided a pro forma consolidated statement of operations for Weifang and Taihong both for the six months ended June 30, 2008 and 2007 as well as the three months ended June 30, 2007. These pro forma results are presented (in Tables 4 and 5 below) and discussed because the Company considers them useful for investors as more indicative of the underlying performance of the business as currently constituted for the periods presented ... 2% compared to pro... (PR Newswire)

    LifeCare Holdings, Inc. Announces Second Quarter Results  Aug 15, 2008
    In the event a financial covenant is not met, our senior secured credit facility provides for certain limited cure rights which provide us the ability to issue permitted cure securities in exchange for cash or otherwise receive cash that would be contributed to our capital in an amount that is necessary to satisfy the financial covenant required on a pro forma basis. The cure right amount, if exercised, continues to be considered a component of consolidated EBITDA, as defined in the senior... (PR Newswire)

    Storm Exploration Inc. Is Pleased to Announce Its Financial and Operating Results for the Three and Six Months Ended June 30, 2008  Aug 15, 2008
    Pro forma average production for the quarter would have approximated 7,200 Boe per day, absent the McMahon plant turnaround, representing growth of 26% over the prior year and 11% over the first quarter of 2008. The Company expects that the McMahon plant will be subject to a similar turnaround in 2010. (CCNMatthews Press Releases)

    CVR Energy Reports Profitable Second Quarter as Nitrogen Fertilizer Business Balances Refining Results  Aug 14, 2008
    16 per pro forma, fully diluted share, on net sales of $843 million, and a loss for the first half in 2007 of $54 ... 63 per pro forma, fully diluted share, on net sales of $1,234 million ... 62 Weighted average share Basic 86,141,291 86,141,291 Diluted 86,158,791 86,158,791 Pro forma Information Net income (loss) per share: Basic $1. (PR Newswire)

    TUI Travel Nine-Month Loss Widens on Costs to Lease Aircraft, Merge Units  Aug 14, 2008
    The figures were provided on a so-called pro forma basis as though the company had existed in its current form a year ago. TUI AG, the German company that owns 51 percent of TUI Travel, reported a second-quarter loss of 55. (Bloomberg -- UK)

    Thomson Reuters: As Good as Reese's?  Aug 14, 2008
    As a recently merged entity, Thomson Reuters (TR) leans heavily upon "pro forma" accounting of its results, and will probably continue to do so throughout at least the first year of its existence. Regardless, in analyzing the results (today and in the future), I'm going to stick as much as possible to the GAAP numbers. (MSNBC -- Business)

    Obama Needs Reagan Democrats for the Win  Aug 14, 2008
    Thus their speeches in Denver, while having some pro forma praise for Obama and condemnations of Mccain, will really be the Clintons first campaign speeches of the 2012 presidential campaign. And the media will love this discord. (Newsmax)

    China Information Security Technology, Inc. Announces Record Second Quarter 2008 Results  Aug 13, 2008
    "Each successive win increases our brand recognition, competitive advantages and opportunities for follow-on orders. We believe that we are uniquely positioned for sustained future growth." Fiscal Year 2008 Guidance The Company is maintaining its 2008 financial guidance for pro forma revenues of $85 million, and pro forma net income of $27 million, which excludes any non-cash charges as a result of employee stock option grants in 2007 and 2008, and amortization of intangible assets associated... (PR Newswire)

    Thomson Reuters Revenue Growth Slows  Aug 13, 2008
    Thomson Reuters said on Tuesday second-quarter pro forma revenue rose 11 percent from a year earlier to $3 ... The pro forma results assume Thomson and Reuters had been operating as one company in the second quarter of last year. (ABC News -- Wire)

    Thomson Reuters Profit Declines 54% on Merger Costs; Sales Miss Estimates  Aug 13, 2008
    Assuming the companies had been combined a year earlier, pro forma sales climbed 11 percent to $3 ... Pro forma revenue in the unit rose 12 percent to $2 ... Thomson Reuters forecast sales growth, excluding currency swings, of as much as 8 percent this year and a pro forma operating profit margin of 19 percent to 21 percent. (Bloomberg -- Canada)

    JBT Corporation Announces Second Quarter 2008 Results  Aug 12, 2008
    0 million - Pro Forma Diluted Earnings per share from continuing operations of $0 ... Pro forma diluted earnings per share from continuing operations were $0 ... Pro forma diluted earnings per share from continuing operations were $0. (PR Newswire)

    JDA Software on positive watch - S&P  Aug 12, 2008
    Sd that the pro forma revenues will grow to about $635 million, with recurring annual service and subscription fees comprising about $300 million of that amount. To finance the transaction, JDA received commitments for up to $450 million of debt financing, including term loans and revolving credit facility, which will be used to replace the company's existing debt, the rating agency noted. (Forbes)

    Thomson Reuters rev growth slows, affirms outlook  Aug 12, 2008
    The news and information company said pro forma revenue rose 11 per cent in the second quarter from a year earlier to $3 ... The pro forma results assume Thomson and Reuters had been operating as one company in the second quarter of last year. (Globe and Mail -- Business)

    Cumulus Reports Second Quarter 2008 Results  Aug 12, 2008
    On a pro forma basis, which excludes the results of the Companys Caribbean stations (sold in November 2007), for the period April 1, 2007 through June 30, 2007, net revenues for the three months ended June 30, 2008 decreased $3 ... Pro forma cash revenues for the second quarter decreased from $82 ... Pro forma station operating income decreased $2. (Yahoo! Wire -- Entertainment News)

    The Orchard Reports Revenue Increase of 111% in Second Quarter 2008 as Compared to Second Quarter 2007  Aug 12, 2008
    On a pro forma combined basis, had DMGI and The Orchard been combined as of January 1, 2007, revenue increased 41 ... On a pro forma combined basis, gross profit margin was 29 ... On a pro forma combined basis, operating expenses increased 6. (Yahoo! Wire -- Entertainment News)

    VCG Holding Corp. Announces 2008 Second-Quarter Financial Results  Aug 11, 2008
    10 for 2008 second quarter versus a fully taxed pro forma for 2007 second quarter of $0. 07 this is a 43% increase. (Primezone Releases)

    FairPoint earns $23M in 2Q  Aug 10, 2008
    FairPoint Communications Inc. reports a second-quarter gain of $23 million, or 26 cents per diluted share, for its newly merged operations with Verizon Communications Inc. In the same period last year, the combined FairPoint and Verizon businesses' pro forma earnings were $4 million, or 5 cents per diluted share ... 7 million from pro forma sales of $368. (Business Journal of the Greater Triad Area)

    Non-senator wields fast gavel in 30-second session  Aug 9, 2008
    Friday's Senate meeting was one of a spate of pro forma sessions designed to block President Bush from making so-called recess appointments of administration officials without requiring Senate confirmation. It was the first time in more than 60 years that someone other than a senator had to fill in. (AZCentral -- News)

    Harrah's Entertainment Reports 2008 Second-Quarter Global Results  Aug 9, 2008
    1)% (1) Does not include the pro forma effect of yet-to-be realized cost savings ... 5)% (1) Does not include the pro forma effect of yet-to-be realized cost savings ... 9)% (1)Does not include the pro forma effect of yet-to-be realized cost savings. (Yahoo! Wire -- Entertainment News)

    Penn West announces its results for the second quarter ended June 30, 2008  Aug 8, 2008
    90 per unit-basic) with forecasted pro forma production unchanged at between 195,000 and 205,000 barrels of oil equivalent (boe) per day ... Penn West remains on target to achieve our full-year average pro forma production target of between 195,000 and 205,000 boe per day ... Including the Canetic, Vault and Endev acquisitions, Penn West continues to forecast pro forma production between 195,000 boe per day and 205,000 boe per day for 2008. (PR Newswire)

    ANADIGICS Lowers Third Quarter 2008 Financial Guidance  Aug 8, 2008
    Pro forma per share results, excluding non-cash stock compensation expense, are expected in the range of income of $0 ... " The statements regarding outlook are forward looking and actual results may differ materially. Please see safe harbor statement at the end of the press release. This press release includes financial measures that are not in accordance with GAAP, consisting of non-GAAP, or pro forma, net income or loss and non-GAAP, or pro forma, income or loss per share. Management uses... (PR Newswire)

    EMCORE Corporation Announces Preliminary Unaudited Results for its Third Quarter Ended June 30, 2008  Aug 8, 2008
    5 million - Fiber Optics segment business achieved positive earnings net of non-recurring acquisition-related expenses - 3rd quarter pro forma EPS, net of non-recurring charges and stock-based compensation expense, was ($0 ... On a pro forma basis, net of non-recurring Intel transition service agreement (TSA) charges, Fiber Optics was net income positive. (PR Newswire)

    Employers Holdings, Inc. Reports Second Quarter Earnings  Aug 8, 2008
    11 per pro forma share for the six months ended June 30, 2007 ... 94 per pro forma share for the same period in 2007 ... Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and are often identified by words such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "target," "project," "intend," "believe," "estimate," "predict," "potential," "pro forma," "seek," "likely," or "continue," or other... (PR Newswire)

    US and Thailand:A conflicted alliance  Aug 8, 2008
    The diplomatic snafus come against perceptions among certain Thaksin supporters that Bush's emissaries in Thailand, despite pro forma US public statements condemning the temporary suspension of democracy, too swiftly and too warmly embraced the military coup-makers, many of whom are known to have close ties to top US officials. While the US suspended a small amount of military aid to Thailand, it followed through on its annual Cobra Gold joint military exercises, the region's largest, while the... (Asia Times Online)

    Crombie REIT announces second quarter 2008 results and commitments to refinance $100 million of bridge loan  Aug 8, 2008
    35% rate used to model the pro forma accretion of the portfolio Acquisition, subject to final rate lock. Commenting on the year-to-date results, J. Stuart Blair, President and Chief Executive Officer stated: "Overall, Crombie has had an extremely busy and productive 2008 thus far. I am extremely pleased that we completed the acquisition of the portfolio from Empire during the second quarter. I also continue to be satisfied to see continuing growth of NOI in our same-asset properties. As well, we... (Canada Newswire)

    Arsenal Energy Inc. and GEOCAN Energy Inc. Announce Execution of Arrangement Agreement  Aug 8, 2008
    Pro Forma Estimated Production at Closing (Boe/d) 2,830 Pro Forma Diluted Shares Outstanding (millions) 106. 9 Pro Forma Run Rate Cash Flow (millions) $ 48 Pro Forma Run Rate Cash Flow per Diluted Share $ 0 ... 45 Pro Forma Net Debt to Run Rate Cash Flow 1. (CCNMatthews Press Releases)

    Book review: 'Descent Into Chaos,' by Ahmed Rashid  Aug 8, 2008
    The United States did in fact make a request for his extradition, but it was largely pro forma, I was told later by a senior American official who had been involved in the negotiations. The Bush administration wanted Sheikh tried in Pakistan, the official said, so that he would not have the legal rights he would enjoy in the United States, and so that he could more easily be sentenced to death if convicted. (International Herald Tribune)

    Macrovision Solutions Corporation Reports Second Quarter Financial Performance  Aug 8, 2008
    As management believes that the inclusion of Gemstars operating results only in the periods since its acquisition diminish the comparative value of results from the prior year, management believes it is useful to measure the results on an Adjusted Pro Forma combined company basis, assuming the Gemstar acquisition was consummated January 1, 2007. The Adjusted Pro Forma combined company results also exclude Macrovisions recently sold Software and Games businesses, discontinued Hawkeye... (Yahoo! Wire -- Entertainment News)

    /C O R R E C T I O N -- Reading International, Inc./  Aug 8, 2008
    Additionally, certain of the presentations included in this press release may contain "pro forma" information or "non-US GAAP financial measures." In such case, a reconciliation of this information to our US GAAP financial statements will be made available in connection with such statements ... Additionally, certain of the presentations included in this press release may contain "pro forma" information or "non-US GAAP financial measures." In such case, a reconciliation of this information to our... (Yahoo! Wire -- Entertainment News)

    Wonder Auto Technology Reports Record Quarterly Sales and Net Income  Aug 7, 2008
    As part of the Plan, the compensation committee of the Board granted stock options to approximately 65 Wonder Auto managers to be vested upon the achievement of pro forma net income results, approximating 40% annual growth, over the next three years. Such plan was approved by shareholders at Wonder Auto's 2008 annual meeting of stockholders. (PR Newswire)

    Rodobens Announces Second Quarter Results  Aug 7, 2008
    (2) Pro forma figures, adjusted according to new mandatory practices applicable to current year 2008, as per CVM Instruction #469 as of 05/02/08 and IBRACON's Technical Notice #5 as of 07/04/08. Further explanation can be found in the full earnings release and in Explanatory Note 2. (PR Newswire)

    Susser Holdings Reports Strong Second Quarter Financial Results  Aug 7, 2008
    4% pro forma - Merchandise margin improves to 34 ... 5% pro forma CORPUS CHRISTI, Texas, Aug. 6 /PRNewswire-FirstCall/ -- Susser Holdings Corporation (Nasdaq: ) today reported that total second quarter 2008 merchandise sales -- including sales from both its Stripes stores and the Town ry stores acquired in November 2007 -- increased 77 ... " New Convenience Store/Wholesale Dealer Site Update During the second quarter of 2008, the Company opened three new large retail units, one each in South,... (PR Newswire)

    Cisco Parties Like It's 1999  Aug 7, 2008
    Cisco Systems (Nasdaq: CSCO) gave us a blast from its past Tuesday, reverting to its old Bubble-icious habit of "beating by a penny" on its fiscal 2008 earnings report, and reporting in pro forma-ese for good measure. Sales in the final quarter of Cisco's fiscal year were up 10% year over year, and the firm earned $0. (MSNBC -- Business)

    Ventas Reports 20 Percent Increase in Second Quarter Normalized FFO to $98.7 Million  Aug 6, 2008
    63 Net Debt to Pro Forma EBITDA The following pro forma information considers the effect on net income, interest and depreciation of the Company's investments and other capital transactions that were completed during the trailing twelve months ended June 30, 2008, as if the transactions had been consummated as of the beginning of the period. The following table illustrates net debt to pro forma earnings before interest, taxes, depreciation and amortization ("EBITDA") (dollars in thousands): Pro... (PR Newswire)

    WHX Corporation Reports Financial Results for Second Quarter 2008  Aug 6, 2008
    Bairnco Segments: The table below reflects the Bairnco segments' net sales and operating income on a pro forma basis for the second quarter ended June 30, 2007, including the period prior to April 13, 2007 when the Company acquired Bairnco Corporation. Pro forma adjustments have been made to the historical results of the Bairnco segments to reflect amortization of intangible assets and depreciation of property, plant and equipment using the fair values that were assigned to such assets upon the... (PR Newswire)

    Double Eagle Petroleum Reports Record Second Quarter Results  Aug 6, 2008
    Richard Dole, Chairman of the Board of Double Eagle, commented, "In the second quarter of 2008, we realized record production, revenue and earnings results, which evidences the successful execution of our development plan. We continue to see excellent organic growth in our Catalina Unit from our newly drilled wells." The Company's gross operating margin, excluding depreciation, depletion and amortization ("DDncreased to 68.7% and 68.2% for the three and six months ended June 30, 2008,... (PR Newswire)

    Paid sick-leave proponents deliver signatures  Aug 6, 2008
    The coalition tried once to move the measure through the , but the measure died after receiving one pro forma committee hearing. Our legislators didn t do it, coalition spokesman Brian Dunn said. (Columbus Business First, OH)

    Saying goodbye is hard for lawmakers  Aug 6, 2008
    Senate Democrats, repeating a tactic they have used all year, staged a lightning-fast pro forma session Tuesday, a procedure that keeps the Senate from officially adjourning and stops President Bush from making "recess appointments" without Senate confirmation ... Often it's senators from nearby Virginia or Maryland asked to do pro forma duty ... That's when Democrats started blocking them with pro forma sessions. (Yahoo News -- Politics)

    Outside-the-box thinking keeps Pinnacle's food brands fresh  Aug 6, 2008
    (On a pro forma basis, adjusting for its acquisition of the Armour brand, sales were up 3. But rising prices for commodities such as corn, wheat and edible oil have swelled its costs this year, while price-sensitive food shoppers have become very picky about what they put in their carts. (USA Today -- Money)

    Leap's subscriber base grows, net loss rises  Aug 6, 2008
    Sales on a pro forma basis were $75 million, down from $87 million a year ago. The maker of Viper car alarms, Polk audio speakers and Sirius satellite radio receivers is continuing to restructure to cut costs. (San Diego Union-Tribune -- Business)

    Archives: Pro Forma

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