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Oil and gas industry struggles expected to drop millions out of Weld County's budget

2015-10-26 09:08:14| Oil & Gas - Topix.net

The oil and gas industry's share of the assessed property value in Weld County has been on the rise for years: Although 2016 budget planners are enjoying the spoils right now, it looks like the drop in oil and gas activity will take $60 million out of the county's budget in 2017, said Finance and Administration Director Don Warden. A third of the county's revenue comes from property tax, which annually charges a percentage of a property's assessed value, a figure assigned by the assessor's office.

Tags: industry expected gas oil

 

Saudi Arabian Stocks Drop on Land Tax Concerns; Israel Climbs

2015-10-26 07:30:25| Biotech - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Saudi Arabian stocks declined to the lowest in two months on investor concern that a proposed land tax may lower profit at banks and real estate companies.

Tags: land tax drop concerns

 
 

Profits at Volvo Rise Despite Drop in Truck Orders

2015-10-24 11:28:41| Appliances - Topix.net

Volvo AB said the krona's decline on currency markets helped boost third-quarter operating profit even as truck orders, a predictor for future sales, dropped 15%. Earnings excluding interest, taxes and costs related to restructuring surged 75% to 5.1 billion kronor , Gothenburg, Sweden-based Volvo said in a statement Oct. 23. Advance sales contracts for trucks declined to 42,648 vehicles, while orders for construction equipment dropped even more, falling 34% to 7,898 units.

Tags: orders drop rise truck

 

Donald Trump to Pro-Trump Super PACs: Drop Dead

2015-10-23 22:10:00| Real Estate - Topix.net

The Trump campaign said they sent letters to the nine known super PACs supporting Trump, stating in part, "We are providing this written notice that your organization is not authorized to use Mr. Trump's name and likeness in connection with its fundraising activities, and we are formally disavowing such activities. Thus, given the invocation of Donald J. Trump in connection with your activities, we ask that you refund all funds received by you in connection with any fundraising undertaken to specifically support and/or done in the name of Donald J. Trump.

Tags: super dead drop donald

 

Mothercare Q2 sales drop "in line with FY expectations"

2015-10-22 15:05:00| Daily apparel & textile news and comment - from just-style.com

Mother, baby and children's goods retailer Mothercare has said trading remains in line with full-year expectations despite posting a 7.1% decline in second-quarter sales. 

Tags: with line sales drop

 

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