Sentences with phrase «public revenue by»

He said, «I stand this morning with a very heavy heart to ask my colleagues that I need the nod of the senate to inform the senate about a satanic collabo between the NNPC and NPDC; there is a case of unlawful misappropriation and criminal withholding of public revenue by NNPC and NPDC from 2013 to date to of about $ 4 billion.

Not exact matches

The draft, seen by Bloomberg, was circulated on Friday and outlines how a targeted levy on gross revenues would increase the tax bill digital giants face, as the bloc seeks to raise money from an industry it says provides less than it should to public coffers.
It is the largest public company by revenue in the world.
With Gosselin at the helm, Kruger Tissue went public in 2012 (it has 16.5 % of Kruger Products, with the rest still controlled by the Kruger family's Kruger Inc.), introduced new manufacturing technology at its facilities in Memphis, Tenn., and Crabtree, Que., to improve output of premium product, and drove revenue upward: from $ 923 million in 2012 to $ 1.2 billion in 2016.
Apple (aapl) just announced record earnings for fiscal 2015, posting nearly one - quarter of a trillion dollars in revenue, and it remains the most valuable public company by far.
In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.
Ideally, it will raise revenues to help fund efforts to combat the speculators» ill effects, while also potentially shrinking the public hazards by reducing their prevalence.
According to the GAO report, public companies with $ 75 million or less in market capitalization paid a median of $ 1.14 in audit fees for every $ 100 in revenue under the act, compared to just 13 cents for every $ 100 by companies with over $ 1 billion in market capitalization.
That pursuit of innovation is precisely the kind of behaviour that is a marker for long - term success, as measured by revenue growth, going public or being acquired and rolled up into something larger.
In its first earnings report since going public, fitness center operator Planet Fitness reported second - quarter profit of 13 cents a share, topping estimates by a penny, on $ 79 million in revenue, which beat projections of $ 77 million.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75 years to a new public benefit corporation that could sell bonds secured by future tolls, which it would be allowed to raise by 50 % plus inflation every four years beginning in 2010.
As clearly demonstrated by developments of the last two years, you do not have control over budgetary revenues, cyclically sensitive spending, such as unemployment insurance benefits, and public debt charges.
The improvement in the current fiscal results is entirely due to higher revenues, dampened by somewhat higher expenses, especially public debt charges.
To put this number into context, the total Treasury debt held by the public today is about $ 15 trillion; a $ 5 trillion revenue shortfall would by itself require federal borrowing equal to one - third of the debt currently in the hands of the public.
This change was made in response to new standards for the accounting of government revenues recommended by the Public Sector Accounting Board (PSAB).
Turning illiquid private - company stock into cash by selling shares to the public required engaging a top investment bank, which typically wouldn't take a company public until it had had five profitable quarters of increasing revenue.
The higher - than - expected deficit forecast in 2014 - 15 and lower - than - forecast surpluses thereafter primarily result from lower personal income taxes and EI premium revenues and higher public debt charges, offset somewhat by higher - than - forecast corporate income tax revenues and lower EI benefits.
Although the Department of Finance contents that the deficit impact of this initiative is neutral, both «other revenues» and public debt charges are affected by this initiative.
The deficit improves by $ 0.4 billion in 2011 - 12, increasing slowly to $ 1.2 billion by 2015 - 16, as somewhat higher revenues and lower public debt charges more the offset higher program expenses.
Which public services would be affected by the foregone revenue?
Of the $ 2.9 billion year - over-year improvement, budgetary revenues were up by $ 3.4 billion, public debt charges declined by $ 1.1 billion, while program expenses were up by $ 1.6 billion.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.
The report, released Wednesday by executive compensation and governance research firm Equilar, examines pay of the 100 largest public companies by revenue, and comes in advance of broader CEO pay rankings that typically arrive later in the spring and analyze the companies of the entire Standard & Poor's 500 - stock index.
The Toronto Stock Exchange compared ESOP versus non - ESOP public companies and showed that in ESOP companies: — five - year profit growth was 123 % higher — net profit margins were 95 % higher; — productivity measured by revenue per employee was 24 % higher; — return on average total equity was 92.3 % higher — return on capital was 65.5 % higher.
They seldom delivered on the fiscal responsibility bit or the money in the bank, but they were pretty good at squeezing public services by keeping a lid on revenues other than user fees.
(3) The value of bonds or other public credit may be secured by the anticipated flow of fiscal revenues.
Disclamer: AMZN Amazon.Com Inc revenues rating displayed here are reported based on 10 - Q and 10 - K filings made by public companies with the U.S. Securities and Exchange Commission.
Amazon is the fourth most valuable public company in the world, the largest Internet company by revenue in the world, and the eighth largest employer in the United States.
He can start by explaining to members of Congress why the Fed and Treasury are alter egos and why remittances from or the assets of the Fed are not valid sources of new public revenue.
AWS currently accounts for over 45 percent of the revenue generated by public «Infrastructure - as - a-Service» providers — more than competitors Microsoft, Google and IBM combined.
 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).
From 1990 to 2005, he was Director Fiscal Policy Division Department of Finance, responsible for overall preparation of the federal budget; preparation and assessment of medium - and long - term projections of federal revenues and expenses and implications for fiscal policy; analysis of fiscal conditions at both the federal and provincial levels; evaluation of various budget proposals; preparation of monthly Fiscal Monitor; with the Office of the Comptroller General (OCG), assessing and evaluating accounting standards proposed by the Public Sector Accounting Board (PSAB) of the CICA and recommending changes in government accounting policies; with the OCG, responsible for implementation of accrual accounting for the federal budget and the government's financial statements.
The government is pushing the consumption of a specific product which is monopolized by the state and whose only public virtue is that it generates some revenue for state government.
Of the $ 16 billion spent by the public on lotteries, about $ 6 billion was retained by the states as revenue, exceeding the income from state liquor stores and state - run hospitals.
The Postharvest Education Foundation is a nonprofit public benefit corporation, organized and operated to engage in any lawful activity permitted by Section 501 (c) 3 of the Internal Revenue Code of 1986, as amended, and the Oregon Nonprofit Corporation Act.
Unless the FBI eventually expands this to all of college sports, uncovers something major in football, or goes after the NCAA itself, I'd guess football walks away from this minimally scathed in the public's mind, while college hoops is forever tainted by, uh, everything we already knew about revenue college athletics being confirmed.
The Park District would run the facility less like a private club and more like a public facility by generating more of its revenues from daily fees, rather than from high membership rates, Werhane said.
Finally, the report noted that state and local revenue gains from federal tax reform will be further offset by higher costs for state and local borrowing, resulting from tax reform, and greater demand for public services as charitable donations drop and federal budget cuts continue.
DENVER, Nov 5 (Reuters)- Supporters said on Tuesday that a Colorado measure to levy taxes on newly legalized sales of recreational marijuana and earmark the first $ 40 million in revenue for public schools had been approved by voters.
Of course, it is true that population growth of any kind puts pressure on infrastructure, but in reality falling investment in public services represents a political choice by the current Conservative government, which has opted to spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the deficit rather than expanding healthcare and education provision.
Indeed if Parliament should introduce a law which will enhance the collection of revenue by the GRA, we shall be contributing to the public purse not a liability regarding same.
Your editorial also oddly criticized the budget both for continuing state tax cuts for the middle class and for actions to protect public health by raising revenues from large corporations, including from pharmaceutical companies that helped create the opioid crisis.
Public Advocate Letitia James said Tuesday that legalizing recreational marijuana for adults would help achieve critical criminal justice reforms, and the increase in tax revenue could be funneled to education and support programs in communities that have been negatively and disproportionately impacted by its prohibition.
To be fair, the place has grown more metropolitan and now generates at least some revenue from tourism (plundering the public by other means).
80,000 jobs have already gone across the civil and public sector, with tens of thousands more planed by 2011 including, 10,000 in the Ministry of Justice, 12,500 in Her Majesty's Revenue and Customs (HMRC) and 10,000 in the Ministry of Defence (MoD).
MPs are turning public anger about multinational tax - dodging on HM Revenue and Customs (HMRC), by pointing the finger at the taxman's failure to do more against Google's «highly contrived» tax arrangements.
The Public and Commercial Services Union (PCS) reacted angrily to today's announcement by Her Majesty's Revenue and Customs (HMRC) to close 35 offices in Wales, Scotland and the North West of England affecting up to 5,000 staff members.
The Public and Commercial Services Union (PCS) today backed calls by the Public Accounts Committee to safeguard opportunities for the public to have face - to - face contact with Her Majesty's Revenue and Customs (HMRC) when dealing with their tax afPublic and Commercial Services Union (PCS) today backed calls by the Public Accounts Committee to safeguard opportunities for the public to have face - to - face contact with Her Majesty's Revenue and Customs (HMRC) when dealing with their tax afPublic Accounts Committee to safeguard opportunities for the public to have face - to - face contact with Her Majesty's Revenue and Customs (HMRC) when dealing with their tax afpublic to have face - to - face contact with Her Majesty's Revenue and Customs (HMRC) when dealing with their tax affairs.
It is also why developments in the business of digital journalism matters for democracy, especially in countries like the U.S., where private sector media provide by far the largest share of news coverage of public affairs, because of the low levels of funding for public media — as commercial media organizations in many countries continue to lose revenue and lay off reporters because their legacy platforms (like print) grow less popular by the day, the future of the private media sector, an important part of our democratic systems, depends in part on its ability to find new business models and reinvent itself for a new century and new media world, online and elsewhere.
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