SKF reported lower sales and profits for the third quarter of 2009 compared to the previous year, due to the economic downturn reducing demand, but cash flow remained strong. While some divisions like automotive struggled, others like industrial showed signs of stabilizing. SKF continued restructuring efforts and expected a slight sequential improvement in the fourth quarter, but sales would still be significantly lower than the previous year.
Idaho ICMA - Fiscal Health PresentationChris Fabian
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This document provides an overview of achieving fiscal health and wellness through priority based budgeting. It discusses four key approaches to achieving fiscal health: 1) spending within your means by distinguishing ongoing vs one-time revenues and expenditures, 2) establishing and maintaining reserves, 3) understanding variances between budgets and actuals, and 4) being transparent about the true cost of doing business. For each approach, it provides diagnostics to assess an organization and available treatments to improve. The document is intended to help elected officials think strategically about key fiscal questions and make financially sound decisions.
The students created a map on their classroom wall showing the origins of their families, connecting colored strings from grandparents' hometowns in various countries to the students' four hometowns. The map revealed that half of the French students' families came from abroad, from countries like Italy, Germany, and North Africa, showing France has long been an immigrant nation. In contrast, the Polish students' families were all native to Poland, and the same was true for most Norwegian and Southern Italian students, though those countries have recently seen more immigration from Africa. Creating the map helped the students understand how migration has interconnected the peoples and histories of different European countries.
The document contains design drawings and specifications for signage at the Jumeirah Messilah Beach Hotel project in Qatar, including details for wall-mounted and freestanding signs identifying areas of the hotel and providing directions. The drawings provide dimensions, materials, mounting methods, and color specifications for over a dozen different sign types. Notes indicate the designer's intent and responsibilities of the fabricator in developing construction documents and verifying site conditions.
- SupportSoft reported financial results for Q1 2009 with total revenue of $10.5 million, down from $12.8 million in Q4 2008 and $11.6 million in Q1 2008.
- On a GAAP basis, net loss was $7.4 million or $0.16 per share for Q1 2009, compared to a net loss of $6.8 million or $0.15 per share for Q4 2008.
- On a non-GAAP basis, net loss was $5.3 million or $0.11 per share for Q1 2009, compared to a net loss of $3.4 million or $0.07 per share for Q4 2008
The document provides an overview of Sallie Mae's business fundamentals and financial outlook. It discusses that Sallie Mae has:
1) Strong fundamentals in student lending, competitive scale, and assured FFELP profits through 2010.
2) Adequate liquidity to meet debt obligations and unlimited funding for new FFELP loans through 2009/2010.
3) Expanding deposit funding and $20 billion in expected FFELP originations for 2008/2009.
4) Private loan originations increased despite economic challenges, with improving credit quality in recent vintages.