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Of course, but not by exposing this company to extraordinary losses.
Last year's second quarter included extraordinary losses of $10 million, or 5 cents a share, for the same purpose.
The reasoning is that companies facing extraordinary losses should be able to apply them over a sufficiently long period.
"They've just booked the biggest extraordinary losses in Japan, so they are using that as a signal" to improve profitability.
Worldwide, the rise in severe wind and flood-related events has caused extraordinary losses for property insurers.
Analysts said, however, that Isetan could cover extraordinary losses by selling marketable securities and valuable properties.
In light of the destruction of the towers, and the extraordinary losses suffered by the Fire Department that day, has a new design been considered?
Though investors may think they care only about losses, he said, funds with out-of-the-ordinary gains are most likely to suffer extraordinary losses.
Merchant mariners are held in high esteem as a result of their extraordinary losses in times of war.
Wall Street analysts had expected the company to post a small profit for the last quarter of the year, excluding the effects of any extraordinary losses.
The company said that the second quarter this year included extraordinary losses of $4 million, or 2 cents a share, from the early extinguishment of debt.
To maintain these levels after Oct. 19's extraordinary losses, First Options required an hefty infusion of capital from its parent company.
The extraordinary losses result primarily from a $20 million charge to cover all costs and liabilities related to certain PVC-backed carpeting.
The association said yesterday that it now estimates a net loss of about $200 million, excluding the extraordinary losses for damage and the costs of relocating.
Consequently, investors suffered "extraordinary losses," Mr. Blumenthal said.
What is called gross profit comprehends frequently, not only this surplus, but what is retained for compensating such extraordinary losses.
The losses were made of extraordinary losses because of reevaluation of real estate and securities of the company among others).
The airline's losses, including extraordinary losses for settlements paid to those pared, surged to more than $920 million in the fiscal year ended in March 1982.
It has been a struggle for some, but most big companies are coming up with enough cash to keep their pension funds legally sound, after three years of extraordinary losses.
The company said the latest quarter's extraordinary charge mainly due to extraordinary losses and unusual charges from the rationalization and restructuring of Provigo Inc.
Notwithstanding some extraordinary losses, occasioned partly by the malice of the Dutch East India Company, and partly by other accidents, they carried on for many years a successful trade.
As Steve Waldman put it, "We take the bank into public ownership because taxpayers who have been conscripted to accept extraordinary losses are entitled to whatever gains follow the reorganization they finance."
Lloyd's demonstrated that yesterday when it disclosed that it was forcing into arbitration six big insurers that have refused to pay claims related to the organization's central fund, its reserve against extraordinary losses.
The company said its 1989 earnings results included a net extraordinary gain of $29 million from the federal income tax benefit realized from the application of a capital loss carryforward to offset capital gains, partially offset by extraordinary losses resulting from the early extinguishment of debt.