RI revenue collections ahead of estimates
Revenue collections are outpacing estimates in Rhode Island so far in the current fiscal year, according to data released this week by fiscal advisers for the House of Representatives. The figures represent a moderately positive sign in an economy battered by the recession and come amid indications that the unemployment rate — among the highest in the nation — is at least temporarily holding steady.
The data show total tax revenues are nearly $18 million ahead of estimates. Sales tax revenue, typically seen as an indicator of economic activity, are $16.3 million above projections. The figure was adjusted for the estimated impact of the federal Cash for Clunkers program.
In November, the advisers lowered their sales tax collection estimates by $64 million based on collection patterns and their projections for the rest of the year. [Read the full article]
A.C. Moore Arts & Crafts, Inc. (NASDAQ: ACMR – News) announced today that it will host a conference call beginning at 8:30 a.m., Eastern Time, on Wednesday, March 17, 2010 to discuss fourth quarter 2009 results. To participate in the conference call, please dial 888-298-3451 and provide the operator with passcode #9278244. If you are unable to access the live call, please dial 888-203-1112 and enter pin #9278244 to access the taped digital replay. The replay will be available at approximately 9:30 a.m. ET on Wednesday, March 17, 2010 and will remain available until Wednesday, March 31, 2010 at 11:59 p.m. ET.
Crane Co. (NYSE: CR – News) announces the following schedule and teleconference information for its first quarter 2010 earnings release: Earnings Release: April 19, 2010 after close of market by public distribution and the Crane Co. website at www.craneco.com. Teleconference: April 20, 2010 at 10:00 AM (Eastern) hosted by Eric C. Fast, President & CEO, Timothy J. MacCarrick, Vice President & CFO, and Richard E. Koch, Director of Investor Relations and Corporate Communications. The web cast will be in a listen-only mode via the Company website www.craneco.com. Web Replay: Will be available on the Company website shortly after completion of the live call.
Crane Co. is a diversified manufacturer of highly engineered industrial products. [Read the full article]
Immersion Corporation (NASDAQ:IMMR – News), the leading developer and licensor of haptic technology, announced today that it will report financial results for the fourth quarter and fiscal year 2009 on Tuesday, March 30, 2010 after the close of market.
The company will host a corresponding conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET.) To participate on the live call, analysts and investors should dial 1-877-941-4776 at least ten minutes prior to the start of the call. A replay of the call will be available until 11:59 p.m. PT on April 6, 2010 by dialing 1-800-406-7325 and entering the passcode 4245581.
A live and archived webcast of the conference call will be available from the “Events & Presentations” page of Immersion’s Investor Relations website at http://ir.immersion.com/events.cfm. [Read the full article]