Sentences with phrase «fiscal year decline»

State tax collections through the first three quarters of the fiscal year declined $ 1.2 billion, or 2.2 percent, from the same period last year to $ 53.2 billion, according to the December state cash report issued last week by State Comptroller Thomas DiNapoli.

The total number of active cases declined by 1.5 % from 921,328 to 907,206 and the number of active cases with a disposition within the fiscal year declined by 2.8 % from 553,597 to 537.909.

Not exact matches

Chen wants to generate $ 500 - million in revenue from software this fiscal year, a goal that becomes even more crucial when you see how BlackBerry's service revenue is declining.

The company's iPhone, which makes up the biggest chunk of its revenue, saw its first year - over-year revenue decline ever in Apple's last - reported fiscal quarter ended March 26, investors are deeply concerned about the iPad's future, and even Macs saw sales slip last quarter.

Starting this fiscal year [October 1, 2008], we've had a significant, significant decline in lending.

Chief Executive Officer Tim Cook received a 74 percent increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier.

Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.

HP's printer sales declined 14 % year - over-year to $ 4.4 billion in its fiscal third quarter.

Viacom also said that the bonus paid to its CEO Philippe Dauman declined 30 % to $ 14 million in fiscal 2015, while his contractually provided salary of $ 4 million and an annual equity award worth $ 18.9 million were not much changed from the prior year.

Zhou says the company is working on a tax loss harvesting service, which will be a way for users to realize a loss on their (taxable) accounts in order to offset gains in the new fiscal year, but declined to discuss any other paid features in the works or WiseBanyan's financials.

This segment had an operating income of $ 357 million in fiscal 2Q16, an 8 % decline year - over-year.

However, most of this decline occurred not at the end of the year but in the November 2011 Update of the Economic and Fiscal Projections.

Betsy Graseck, a Morgan Stanley analyst, estimates Goldman Sachs will say operating expenses declined 29 percent to $ 4.76 billion — the lowest for the start of a fiscal year in a decade.

Sales in ConAgra's consumer foods unit fell 4.5 percent in the recently completed fiscal year, including a 12 percent decline in the fourth quarter.

Total cost as a percentage of revenue continues to decline, improving to 41 % in the first quarter of fiscal 2018, compared to 49 % in the first quarter last year.

For the current fiscal year, however, Sony predicts a decline in PS4 shipments.

Never before in Canada had a newly elected government inherited a «sustainable» fiscal structure: a structure that had produced 11 years of surpluses and a declining debt burden.

Pace Of Services Growth To Decline Significantly Analysts led by Andy Hargreaves expect App Store growth of 32 percent in fiscal year 2017.

Specifically, this suggests that after several years of fiscal austerity and several decades of declining inflation, these trends are on the cusp of reversing.

The J. M. Smucker Company reported third - quarter fiscal 2018 results, wherein the company crushed its three - quarter long trend of posting year - over-year decline in earnings.

Although the current results are at odds with the expected decline for the year, at least five to six months of financial data are required before one can assess the expected decline for the fiscal year as a whole.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

Cirrus expects full - year fiscal 2019 revenue to decline by around 10 % but anticipates a return to growth in fiscal 2020.

Our fiscal year underperformance relative to the S&P 500 can be explained by weak results in two of our portfolio holdings from late July through late August, when our portfolio underperformed by 4.47 % as both L Brands and NOW, Inc declined materially (discussed in more detail below).

While 11 out of 20 stocks that we owned for the entire period outperformed the S&P 500, significant declines in L Brands -LRB--33 %) and NOW, Inc -LRB--40 %) held back performance during our fiscal year.

The S&P 500 declined 6 % for the quarter and declined 1 % for the fiscal year.

The Oakmark Fund declined 8 % during the past quarter, bringing the decline to 5 % for the fiscal year ended September 30.

Transaction Activity During the quarter, the Fund's equity allocation continued to decline, ending the quarter at 64 %, compared to 65 % last quarter and 73 % at the beginning of the last fiscal year.

The deterioration in conditions over the past year has reflected a combination of circumstances including the decline in intra-regional trade, the substantial fiscal policy tightening implemented during 1997, and the poor condition of the Japanese banking system.

Despite an increase in both price and unit deliveries, this Company's operating income declined year over year for its fiscal year.

The Asian crisis that sent the Emerging Countries into a tailspin and collapsing stock markets over the 1997 - 99 period may have been due to a liquidity shortage as the US deficit pushed towards closer balance starting in 1993 and reaching an apex in 1996 with world output (excluding US) for three years between 1994 and 1997 was 3 %, but as the US fiscal stimulus from our trade deficits declined over those years, and without alternatives to replace the extra liquidity, raw material prices growth collapsed and world output slowed dramatically from 3 % to 1 %, and 2 % in the following year.

Treasury Australia and New Zealand general manager Angus McPherson said Treasury's sales this fiscal year were «on budget» but declined to provide specific details.

«The Comptroller's report is certainly correct that the state's fiscal position is much improved, but it ignores key facts — most notably that state debt has declined for four consecutive years for the first time in more than 50 years and our debt affordability ratio is at its lowest level since the 1960s,» said DOB spokesman Morris Peters.

DiNapoli reports that the decline in Wall Street profitability predicted by the state government is more pessimistic than what his office is forecasting, which could translate to revenues slight higher than anticipated in the final quarter of the fiscal year.

Our prime focus is to ensure that the fiscal deficit, which remains our principal fiscal anchor, is programed to decline to 4.5 percent of GDP from the projected 2017 end - year estimate of 6.3 percent.

With New York's economic condition an election - year issue, Cuomo claims the state reversed its decline in the last four years through tough choices and fiscal discipline.

«There's been a steady decline in personal income tax receipts relative to what was projected at the start of the fiscal year,» said Empire Center President E.J. McMahon.

The available room in the state's debt limit is expected to decline from $ 3.3 billion in current fiscal year to $ 421 million in the 2017 - 18 fiscal year, the report found.

The baseline tax cap for municipalities with a Jan. 1 fiscal year in New York State has declined since it was imposed in 2012:

The Division of Budget estimates future surplus to range from $ 533 million in the next fiscal year, then declined to $ 114 million and finally increasing to $ 949 million in the 2019 - 20 fiscal year.

First, the Division of the Budget's (DOB's) authorization to craft a plan if federal Medicaid funding or all other federal aid declines by at least $ 850 million is extended for two more fiscal years.

The coming 2012 - 13 fiscal year deficit could take a bigger hit due to declining revenues and the rough economic terrain here in the U.S. and across the globe, Comptroller Tom DiNapoli warned in a report issued today.

[citation needed] This change in local politics was preceded by a fiscal crisis in 2003 when years of economic decline, a diminishing tax - base and civic mismanagement left the city deep in debt and on the edge of bankruptcy.

Employer contribution rates for the New York State and Local Retirement System will decline slightly in Fiscal Year 2014 - 15, New York State Comptroller Thomas P. DiNapoli announced this week.

Increase had been anticipated Employer contribution rates for the New York State and Local Retirement System will decline slightly in Fiscal Year 2014 - 15, New York State Comptroller Thomas P. DiNapoli announced this week.

Testimony includes: recommendations for the 2014 - 2015 state fiscal year; review of actual and proposed reductions in human services spending; use of federal Temporary Assistance for Needy Families (TANF) funding in the 2014 - 2015 Executive Budget; and, the impact of decline in the purchasing power of the monthly cash assistance grant.

That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.

He would not speculate on whether or not the increase in the number of panhandlers on city streets is in any way related to a significant decline in the number of summonses issued for quality of life infractions from fiscal year 2013, just before the beginning of the de Blasio administration, to the close of fiscal year 2015, which ended on June 30 this year.

Lawmakers and Gov. Dannel P. Malloy are close to a deal to take $ 350 million out of the state's $ 20 billion spending plan for this fiscal year, a package that will include general cuts in the bureaucracy, maybe a few budget tricks and declining state employee rolls.

The State of Public University Funding 6 February 2004 Fiscal year 2004 saw total state higher education funding fall by 2.1 percent, the first overall decline in more than a decade.