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Latest Generally Accepted Accounting Principles Stories

2014-10-30 08:26:07

CANONSBURG, Pa., Oct. 30, 2014 /PRNewswire/ -- CONE Midstream Partners LP (NYSE: CNNX) ("CONE Midstream" or "the Partnership") today reported financial and operational results for the three months ending September 30, 2014. Because the closing of the initial public offering of CNNX occurred on September 30, the net financial and operating results attributable to CONE Midstream during third quarter 2014 are for a one day period. Since reporting measures for a single day results are...

2014-10-30 08:25:57

COLUMBUS, Ohio, Oct. 30, 2014 /PRNewswire/ -- Oxford Resource Partners, LP (NYSE: OXF) (the "Partnership" or "Oxford") today announced third quarter 2014 financial results. Third Quarter 2014 Results Adjusted EBITDA(1) was $26.9 million for the third quarter of 2014 compared to $11.0 million for the third quarter of 2013. The increase was driven by $19.5 million of legal settlement proceeds received in the third quarter of 2014, compensating the Partnership for lost profits on coal...

2014-10-30 08:25:45

PLYMOUTH, Minn., Oct. 30, 2014 /PRNewswire/ -- The Mosaic Company (NYSE: MOS) today reported third quarter 2014 net earnings of $202 million, up from $124 million a year ago. Earnings per diluted share were $0.54 in the quarter compared to $0.29 last year. Notable items negatively impacted third quarter 2014 net earnings by $11 million, or $0.02 per share. Third quarter 2013 notable items negatively impacted prior year net earnings by $95 million, or $0.22 per share. Mosaic's net sales in...

2014-10-30 08:25:27

- Net operating earnings on plan for quarter and expected at the upper half of 2014 guidance range MERRILLVILLE, Ind., Oct. 30, 2014 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced net operating earnings from continuing operations (non-GAAP) of $45.5 million, or $0.14 per share, for the three months ended September 30, 2014, compared with $57.1 million, or $0.18 per share, for the same period in 2013. Operating earnings for the third quarter (non-GAAP) were $180.3 million compared to...

2014-10-30 08:25:09

LEHIGH VALLEY, Pa., Oct. 30, 2014 /PRNewswire/ -- -- Quarterly non-GAAP earnings per share (EPS) of $1.66* up 13* percent versus prior year -- Quarterly adjusted EBITDA up 10* percent versus prior year -- Announced major company restructuring in September 2014 -- Fiscal 2014 non-GAAP EPS of $5.78* up five* percent versus prior year -- Quarterly GAAP EPS of $0.47 versus prior year of $0.70 and fiscal 2014 GAAP EPS of $4.59 versus prior year of $4.73...

2014-10-30 08:24:48

THE HAGUE, The Netherlands, October 30, 2014 /PRNewswire/ -- - Royal Dutch Shell's (NYSE:RDS.A) (NYSE:RDS.B) third quarter 2014 earnings, on a current cost of supplies (CCS) basis (see Note [2]), were $5.3 billion compared with $4.2 billion for the same quarter a year ago. - Third quarter 2014 CCS earnings excluding identified items were $5.8 billion compared with $4.5 billion for the third quarter 2013, an increase of 31%....

2014-10-30 08:23:28

BASILDON, United Kingdom, Oct. 30, 2014 /PRNewswire/ -- FINANCIAL RESULTS UNDER U.S. GAAP((*) (**)) -- Third quarter revenues totaled $7.7 billion ($8.2 billion in Q3 2013). Net sales of Industrial Activities were $7.4 billion in Q3 2014 ($7.9 billion in Q3 2013). -- Operating profit of Industrial Activities for the quarter was $522 million, down 12.9% compared to Q3 2013, with operating margin at 7.1% (down 0.5 p.p.). -- Net income was $162...

2014-10-30 08:22:44

NEW YORK, Oct. 30, 2014 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), an automotive replacement parts manufacturer and distributor, reported today its consolidated financial results for the three months and nine months ended September 30, 2014. Consolidated net sales for the third quarter of 2014 were $257 million, compared to consolidated net sales of $264.2 million during the comparable quarter in 2013. Earnings from continuing operations for the third quarter of 2014...

2014-10-30 08:22:24

ADJUSTS FULL YEAR NET SALES AND NET EARNINGS GUIDANCE FOR WEAKENING FOREIGN CURRENCIES AUBURN HILLS, Mich., Oct. 30, 2014 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported third quarter 2014 U.S. GAAP net earnings of $0.73 per diluted share. Excluding non-comparable items, net earnings were $0.79 per diluted share. Net sales were $2,032 million in the quarter. Third Quarter Highlights: -- Net sales of $2,032 million, up 13% compared with third quarter 2013. --...

2014-10-30 08:22:11

LIVONIA, Mich., Oct. 30, 2014 /PRNewswire/ -- Tower International, Inc. [NYSE: TOWR], a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced third quarter 2014 results and updated its outlook for the full year. -- Revenue for the third quarter was $523 million, up 6 percent from $495 million in the third quarter 2013. -- Adjusted EBITDA for the quarter was $50.4 million, compared with $48.4 million a...


Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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