Sentences with phrase «closing of the financial year»

The vast majority of borrowings are under an evergreen loan facility and as at the close of the financial year were priced at just over 3 per cent, in line with commercially available market rates,» said the company.
Of course, there is a choice to withdraw the entire balance on maturity, that is, after 15 years, from the closing of the financial year in which you opened the account.

Not exact matches

Then again, the financial situation of their business is such that they could benefit from more regular financial review and planning and up - to - date accounting — instead of leaving every invoice, receipt, and ledger to hand off to the tax preparer at the close of the fiscal year.
Dubbed the best business book of the year last year by The Financial Times and McKinsey, this one by a Pulitzer - Prize winning journalist looks at what happened to Janesville, Wisconsin when a General Motors factory that had been operating in the town for 85 years closed.
This financial picture, combined with the labour strife, has forced its share price below 90 cents, down from $ 1.10 in January and a tiny fraction of its value five years ago, when it traded at close to $ 20.
Bloomberg TV Canada is set to launch in the middle of this year, and will have about 35 % of its content produced domestically and broadcast from a new studio in Toronto's financial district, close to Bloomberg Canada's headquarters.
As the year draws to a close, there are no shortage of charities and other philanthropic organizations seeking financial support.
Just last year, the discovery of an enormous Allied bomb in the German financial center, Frankfurt, led to the evacuation of 60,000 people, while Berlin's Tegel airport had to be closed down while police disarmed a nearby Russian - made bomb of similar vintage.
The hearing wrapped up about a half hour ago (you can watch it on C - SPAN), but Senators skeptical of his nomination questioned Gottlieb's close financial ties to the health care and biopharma industries, which have paid him millions in speaking and consulting fees over the years.
TOKYO, April 10 (Reuters)- Mitsubishi UFJ Financial Group (MUFG) plans to book a charge of 50 billion yen ($ 470 million) for the year ended March, as it closes or merges unprofitable domestic branches to cut costs, two people with knowledge of the matter told Reuters.
In the years following the financial crisis, many of those small banks closed or sold to bigger companies.
Economic factors like consumer confidence, financial obligations, and delinquencies are all improving and the consumer may be more insulated than investors think from a back - up in yields, given 75 % of their financial obligations are in the form of a mortgage, close to 90 % of all mortgages are 30 - year fixed, and the average mortgage is termed out at the lowest rate ever... Taking these factors into account, we generally think it pays to remain sanguine.»
Factors that could cause or contribute to actual results differing from our forward - looking statements include risks relating to: failure of DBRS to rate the Notes at the anticipated ratings levels, which is a closing condition, or at all; changes in the financial markets, including changes in credit markets, interest rates, securitization markets generally and our proposed securitization in particular; the willingness of investors to buy the Notes; adverse developments regarding OnDeck, its business or the online or broader marketplace lending industry generally, any of which could impact what credit ratings, if any, are issued with respect to the Notes; the extended settlement cycle for the scheduled closing on April 17, 2018, which may exacerbate the foregoing risks; and other risks, including those described in our Annual Report on Form 10 - K for the year ended December 31, 2017 and in other documents that we file with the Securities and Exchange Commission from time to time which are or will be available on the Commission's website at www.sec.gov.
One of the many surprising aspects of financial market performance over the past year has been the weak performance of the US dollar, which has fallen by close to 10 per cent on a trade weighted basis and by more than 10 per cent against the euro.
While base rates kept at or close to zero for almost seven years and three massive asset - buying programs by the Fed have undoubtedly helped stabilize the US (and world) economy during and after the recession that followed the global financial crisis, the continuation of expansionary monetary policies is now supporting a growing excess of global liquidity that has been distorting the market signals sent by stock and bond prices and thus contributing to the growing volatility seen in recent weeks.
That way, you'll get out of debt years ahead of schedule and be that much closer to financial freedom.
Rep. Jeb Hensarling, R - Texas, chairman of the House Financial Service Committee, wants to change the Senate bill to bring it closer to a more expansive version of the rollback the House passed last year.
For much of my 25 years in financial services, I provided my fellow senior managers with a weekly market forecast, including a weekly prediction of closing Dow Jones Industrial Average prices at the end of the week.
If the 15 - year mortgage puts you uncomfortably close to your maximum — meaning you won't have any room in your budget for emergencies or extras — you could always lock into a 30 - year mortgage while making a commitment to yourself to make payments the size of the 15 - year plan unless there's a financial emergency.
The Dow touched a new 4 year intraday high and the financial news media celebrated the moment with banner headlines: In spite of the fact that not one market index anywhere in the world even came close to confirming the new Dow -LSB-...]
this tells me that the financial prudence we have extolled as prudent for the clubs future and for the adherence to FFP is really a smoke and mirrors situation we need a striker (opinions differ to which one) we need cover for Le Coq (again opinions differ) and maybe we need one other in another area of the pitch, but if we don't get them we wont be better than we were this year and we wont move closer to the real glory.
In a few years i think we'll be a very different club and much closer to competing with the likes of RM / BARCA & BAYERN not only in financial terms but our players are maturing year by year.
She was never close to the main political reporters (as I was for seven years in the 1980s as political editor of the Financial Times).
Perhaps having ruined their reputation with international creditors 7 years prior and running an economy where mortgages are virtually non-existent (home buyers show up at closing with thousands of US 100 dollar bills) made it very difficult to have a financial crisis based on personal and governmental over-leveraging.
The Edna St. Vincent Millay Society, which operates the author's upstate retreat, Steepletop, in Austerlitz, is in financial crisis and might be forced to close the property at the end of the year.
The mid year financial report released by Cuomo's budget office says options to close the gap include more cuts to state agencies, delaying payments to local governments and schools, suspension of some construction projects, and even borrowing money short term to pay for operating expenses.
* The relevant language reads as follows: Quarterly, throughout the fiscal year, the governor shall submit to the comptroller, the chairs of the senate finance and the assembly ways and means committees, within thirty days of the close of the quarter to which it shall pertain, a report which summarizes the actual experience to date and projections for the remaining quarters of the current fiscal year and for each of the next two fiscal years of receipts, disbursements, tax refunds, and repayments of advances presented in forms suitable for comparison with the financial plan submitted pursuant to subdivisions one, four, and five, of section twenty - two of this article and revised in accordance with the provisions of subdivision three of this section.
The Conservative - controlled north London council has committed to spending # 1.5 m this financial year on a much - hyped reform programme to help close a yawning budget gap, but it is on course to recoup just # 1.4 m in savings in the year.The programme is budgeted to deliver savings of # 13m a year by 2014, about a third of the total cuts planned by the council.
Near the close of the meeting, some trade unions and Labour's left suggested the reforms could be ditched in five years» time if it emerged that the plans to recruit union political levypayers as affiliated supporters were not working or were putting the party in financial jeopardy.
As the New York Times noted earlier this week, Silver seems to have begun practicing law outside of the firm in recent years, according to a close reading of his financial disclosure forms.
Cuomo, who has proposed closing the so - called LLC loophole, took in more than $ 500,000 from LLCs over the first six months of the year, according to his campaign's financial statement.
«What happens [with a fixed target] is you get close to the end of the financial year and lots of money gets doled out by the overseas aid department because they have to reach the target.»
The Catholic Diocese of Syracuse has closed its retirement home for priests after 59 years, citing financial concerns.
Quarterly, throughout the fiscal year, the governor shall submit to the comptroller, the chairs of the senate finance and the assembly ways and means committees, within thirty days of the close of the quarter to which it shall pertain, a report which summarizes the actual experience to date and projections for the remaining quarters of the current fiscal year and for each of the next two fiscal years of receipts, disbursements, tax refunds, and repayments of advances presented in forms suitable for comparison with the financial plan submitted pursuant to subdivisions one, four, and five, of section twenty - two of this article and revised in accordance with the provisions of subdivision three of this section.
Mr. Ravitch's financial plan would impose tough accounting standards on state budgets, allow the state to issue $ 2 billion a year in bonds to help close budget gaps, and give the governor the power to make unilateral cuts when spending and revenues fall out of whack.
Two sources close to the Kennedy family — both well - known individuals — told The Post that Cuomo, 58, and Kennedy, 56, have been involved in at - times - bitter, lawyer - assisted go - rounds over «substantial amounts» of child support payments for the past 2 1/2 years, and reached an agreement on some of the financial obligations only two weeks ago.
Financial challenges have been at the forefront of lawmakers» work this session as the state faced a mounting budget deficit that's now projected to be close to $ 1 billion for the next fiscal year that begins on July 1.
The sooner the city begins the process of implementing actions to close the budget gaps during the financial plan period, the smaller the gaps will be in fiscal years 2019 through 2021.
[BOX 3: Grants and Contracts] Financial Statements, 1957 - 1959 Financial Reports, 1957 - 1959 Financial Statements, 1958 Financial Reports 1960-1961 1962 1963 1964-1965 1966-1967 Report on Review of Source Data Preparation for Accounting Purposes, Oct. 1961 AAAS Budgets, 1968 - 1969 Financial Reports, 1968 - 1969 Financial Statements and Accountant's Opinion, 1969 Financial Statements and Accountant's Opinion, 1970 Financial Reports, 1970 - 1971 Financial Reports, 1972 Financial Reports from Operations, 1979 Budget Proposal for Fiscal Year 1974 and Projections to 1963 Report for Examination of Financial Statements and Additional Information, 1983 - 1984 Closed out Funds and Stocks AAAS Grants Committee, 1955 AID Audit - Mexico City, 1974 Asia Foundation, 1955 - 1975 Boston Concerts Carnegie Corp. - Grant to AAAS for Science Teaching Improvement Program Graham Chedd - Contract [3 folders], 1973 - 1977 DOS - AID Irene Tinker, 1973 - 1977 RISM Research for the Study of Man, 1973 - 1977 Smithsonian, 1971 - 1977 Audit, 1973 - 1977 Close Out, 1976 - 1978 GE Grant - Regional Consultants on Science Teaching, 1956 Gordon Marshall, Exhibits Contract, 1952 National Endowment of the Arts, 1973 NSF Grant - Soviet Science, 1952 Training Talented Students, 1955 Travelling High School Library, 1956 Gordon Conference on Teacher Education, 1956 Junior Academies Workshop, 1957 Proposal to NSF for Development of Science Teaching Materials for Elementary and Junior High Schools, 1961 Progress Report to the NSF on the Holiday Science Lecture Program, 1963 Proposal to the NSF for 1964 Visiting Foreign Staff Project, 1963 NSF - US - Japan Comparative Science Program, 1963 NSF - US - Japan Cooperative Science Program, 1964 WGBH, 1972 Willis Shapley, Contract Agreement, Oct. 1978 DHEW - Barrier Free Meetings, Oct. 1977 CBS News - Conquest Program Series, 1959 MISCO Contract - original, 1972 Basic Books Publishing - New Roads to Yesterday, 1963 - 1966
Indeed, Anderson's first year in Newark was marked by serious change — she closed six schools, reorganized her central administration team, cut 120 jobs — and marked the beginning of a deep systemic overhaul, financial and pedagogical.
Last week, the Archdiocese of Chicago announced its plan to close another five schools at the end of this year, citing declining enrollment and financial challenges.
«Without the state help we've had to date, we'd either be-or we'd be that close to being - a distressed school district [and under state control],» says Paul Roedel, a retired steel company CEO who is chairing the Empowerment Team, which has the task of formulating a five - year financial plan for the district.
Last week, the Catholic Diocese of Memphis, Tennessee, faced with continued financial struggles and the failure of the most recent state voucher bill, announced a plan to close all ten of its «Jubilee Schools» at the end of next year.
In terms of patterns of procurement, non ‑ academy schools continue to close their financial year in March and therefore tend to restrict purchasing from March, while for academies, July is the most likely time for restricting purchasing.
The New York legislature completed deliberations on a budget last week only one day into the state's new financial yearclose enough for lawmakers to claim an on - time finish and ample enough to earn cheers from education advocates pleased with the prospect of a year without state - aid cuts.
Within the fine print of StarShine's alleged waste of taxpayer dollars is the fact that the charter board tried to close the school in 2012 for academic and financial problems but changed course when it was threatened with legal action by the charter holder and instead renewed its charter for 20 years.
Consequently, the ASBCS needs to be empowered to take on a stronger oversight role when charters such as Discovery Creemos Academy show signs of significant financial difficulty instead of having no power to close a school for financial reasons and ending up renewing its charter authorization for 20 years a mere seven months before it collapsed.
If one assumes that charter schools get their fair share of Title II funds as per the underlying ESSA statue, 39 with 5 percent of the nation's students, 40 they stand to lose $ 115 million per year under the Trump - Devos budget41 — close to one - third of the amount the federal government invested in the Charter Schools Grants program in FY 2017.42 Education Week reports that Eagle Academy Public Charter School in Washington, D.C., for example, receives roughly $ 82,000 in Title II funding annually.43 Joe Smith, the school's chief financial officer, states, «If this was taken away from us, that would hurt.
LaRoy brings close to 20 years of experience in financial management to Brooke.
[10] Three Charlotte - area schools also abruptly closed in the last year because of financial woes and poor governance.: http://www.charlotteobserver.com/news/local/education/article9260444.html#.VL6zAyvF9A0
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