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Capital Gains Tax

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Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
* Full Year Net Revenues of $32.4 Billion; Income from Continuing Operations of $1.26 per Diluted Share * Fourth Quarter Net Revenues of $5.7 Billion, Including Loss of $1.7 Billion Related to the...
Press Release
Publication: Business Wire | Filed In: Dividends and Company Earnings
Other specific highlights compared with 2011 Third Quarter: * 3.38% net interest margin, up 4 basis points * 14% annualized growth in average core deposits * 2% annualized growth in average total loans,...
Press Release
Full Year Diluted EPS of $12.37 ($11.85 as adjusted) Operating Margin of 36.3% (40.0% as adjusted) for Fourth Quarter 2011 Assets Under Management of $3.513 Trillion at December 31, 2011 NEW YORK --...
Press Release
By Solnik, Claude | Publication: Long Island Business News | Filed In: Community Banks and Banking Institutions & Systems
Two Long Island-based community banks founded about four years ago closed their fiscal year on a high note, reporting profits as well as increases in assets. Empire National Bank and Gold Coast Bank,...
Business Journal
Strong Capital Generation With Tier 1 Common Equity Ratio at 9.86 Percent Global Excess Liquidity Sources Remain Strong at $378 Billion, up $42 Billion in 2011 Investment Bank Maintained No. 2 Global Ranking...
Press Release
Publication: Business Wire | Filed In: Common Stock and Equities
GLENDALE, Calif. -- PS Business Parks, Inc. (NYSE:PSB) announced today the tax treatment of the Company's 2011 dividends. For the tax year ended December 31, 2011, 100.0% of distributions for the common stock...
Press Release
NEW YORK -- ClearBridge Energy MLP Opportunity Fund Inc. (NYSE: EMO) today announced a quarterly distribution of $0.3300 per common share payable in February 2012. The distribution schedule appears below: Month ......
Press Release
Publication: Business Wire | Filed In: Dividends and Company Earnings
ROCKVILLE, Md. -- Washington Real Estate Investment Trust (WRIT) (NYSE:WRE) announced the income tax treatment of its 2011 dividend distributions. This information represents final income allocations. Shareholders are encouraged to consult with their...
Press Release
Publication: Business Wire | Filed In: Mutual Funds and Investment Pools & Funds
LEAWOOD, Kan. -- Tortoise Capital Advisors today announced the tax characterization of 2011 distributions paid to stockholders of: Tortoise Energy Infrastructure Corp. (NYSE: TYG) Tortoise Energy Capital Corp. (NYSE: TYY) Tortoise MLP Fund,...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
- Records Pre-Tax Charge of $61.0 Million ($.17 Per Share) - Full Year Net Income of $603.6 Million, Earnings Per Common Share of $2.47 - Full Year Pre-Tax Charges Total $91.6 Million ($.25...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
Operating-Basis((1)) Earnings Per Share of $3.73 Increased 10% from $3.40 in 2010 BOSTON -- State Street Corporation today announced full-year and fourth-quarter 2011 earnings per common share of $3.79 and $0.76, respectively, compared...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
Fourth Quarter Earnings Per Common Share Were $1.84 NEW YORK -- The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $28.81 billion and net earnings of $4.44 billion for the...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
DAMARISCOTTA, Maine -- The First Bancorp (Nasdaq: FNLC), today announced unaudited results for the year ended December 31, 2011. Net income was $12.4 million, up $248,000 or 2.0% from 2010, and earnings per...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
2011 Loan Originations Up 19 Percent, Operating Expenses Down NEWARK, Del. -- Sallie Mae (NASDAQ: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2011 financial results highlighting increased student loan originations, lower...
Press Release
Publication: Business Wire | Filed In: Dividends and Company Earnings
Declares Quarterly Distribution of $1.16 Per Unit HOUSTON -- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today declared a quarterly cash distribution per common unit of $1.16 ($4.64 annualized) payable on Feb. 14,...
Press Release
Publication: Business Wire | Filed In: Food Industry and Food & Beverage
PARSIPPANY, N.J. -- B&G Foods, Inc. (NYSE: BGS) today explained the tax treatment for dividends paid in 2011 on the Company's common stock. Holders are urged to check their 2011 tax statements received...
Press Release
By Spinola, Steven | Publication: Real Estate Weekly | Filed In: Tax Exemptions and Tax Law
[ILLUSTRATION OMITTED] The Real Estate Board of New York was successful in achieving many of the goals established in its 2011 agenda, in spite of increasing government dysfunction on the federal level and...
Business Journal
Publication: Business Wire | Filed In: Company Profits and Company Earnings
FRANKLIN, Tenn. -- CLARCOR Inc. (NYSE: CLC): Unaudited Fourth Quarter and Full Year 2011 Highlights (Amounts in millions, except per share......
Press Release
NEW YORK -- ClearBridge Energy MLP Fund Inc. (NYSE: CEM) today announced a quarterly distribution of $0.3650 per common share payable in February 2012. The distribution schedule appears below: Month Ex-Date
Press Release
Publication: Business Wire | Filed In: Common Stock and Equities
NEW YORK -- Stone Harbor Emerging Markets Income Fund ("the Fund"), which is traded on the New York Stock Exchange under the symbol "EDF", announced the declaration of monthly distributions of $0.18 per...
Press Release

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Business Glossary

Definitions for: capital gains tax
capital gains tax

tax on profits from the sale of capital assets, Traditionally, the tax law specified a minimum holding period after which a capital gain is taxed at a more favorable rate (recently, a maximum of 15% for individuals) than ordinary income. A long-term capital gain is achieved once an asset such as a stock, bond, or mutual fund is held for more than 12 months. Such long-term gains are taxed at a maximum rate of 15% for taxpayers. Those in the 15% tax bracket pay a 5% tax on long-term capital gains. Assets sold for a profit after having been held for 12 months or less generate short-term capital gains, which are subject to ordinary income tax rates. Assets purchased starting January 1, 2000 and held for more than five years qualify for a maximum capital gains tax rate of 8%.

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