Tax Cuts and Jobs Act of 2017

Microchip Technology Increases Quarterly Cash Dividend 33.8% Year-Over-Year to 43.9 Cents Per Share

Retrieved on: 
Thursday, November 2, 2023
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CHANDLER, Ariz., Nov. 02, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 43.9 cents per share.

Key Points: 
  • CHANDLER, Ariz., Nov. 02, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 43.9 cents per share.
  • The dividend is payable on December 6, 2023, to stockholders of record on November 22, 2023.
  • Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 79 times since its inception.
  • “Today, our Board of Directors approved a year-over-year increase in our dividend of 33.8% to 43.9 cents per share, up from our November 2022 dividend of 32.8 cents per share.

IFF Reports Third Quarter 2023 Results

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Monday, November 6, 2023
Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Food, Beverage, Science, Risk, Public expenditure, Health, Comparable, Tax Cuts and Jobs Act of 2017, EPS, COVID-19, European, Sale, Tax, GAAP, Acquisition, Webcast, LIBOR, Investment, Weather, Cosmetic industry, Intellectual property, United, Growth, Transport, London Interbank Bid Rate, Depreciation, Personal care, Climate change, NYSE, EBITDA, Absorption, Creativity, Accident, Pharmaceutical industry, Security (finance), Bookkeeping, Agriculture, Cryptocurrency, Risk management, Bank, Property insurance, Frutarom, IFF

IFF (NYSE: IFF) reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • IFF (NYSE: IFF) reported financial results for the third quarter ended September 30, 2023.
  • "In the third quarter we delivered both sales and profit ahead of our expectations," said IFF CEO Frank Clyburn.
  • A live webcast to discuss the Company’s third quarter 2023 financial results will be held on November 7, 2023, at 9:00 a.m.
  • 2 Comparable results for the third quarter exclude the impact of divestitures and acquisitions.

Dover Reports Third Quarter 2023 Results

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Tuesday, October 24, 2023
Q3, Tax Cuts and Jobs Act of 2017, Sale, EPS, GAAP, Acquisition, Book, Webcast, Tax, Bank, Retail

For the quarter ended September 30, 2023, Dover generated revenue of $2.2 billion, in line with the prior year (-2% organic).

Key Points: 
  • For the quarter ended September 30, 2023, Dover generated revenue of $2.2 billion, in line with the prior year (-2% organic).
  • For the nine months ended September 30, 2023, Dover generated revenue of $6.3 billion, a decrease of 1% (-1% organic).
  • Dover's President and Chief Executive Officer, Richard J. Tobin, said, "The third quarter results were encouraging.
  • Dover will host a webcast and conference call to discuss its third quarter and year-to-date results at 10:00 A.M. Eastern Time (9:00 A.M. Central Time) on Tuesday, October 24, 2023.

MEDIA ALERT: Wolters Kluwer details potential inflation adjusted impact for U.S. taxpayers in 2024

Retrieved on: 
Tuesday, September 26, 2023
Legal, Technology, Finance, Consulting, Banking, Accounting, Professional Services, Software, Data Management, Other Professional Services, Tax, Congress, Ageing, U.S. Department of Labor, Office of Inspector General, IRS, Office of Inspector General, U.S. Department of Health and Human Services, Tax Cuts and Jobs Act of 2017, TAA, Cryptocurrency, Life insurance

An early glimpse of the U.S. income tax picture for 2024, as projected under current tax law, is now available from Wolters Kluwer Tax & Accounting (TAA).

Key Points: 
  • An early glimpse of the U.S. income tax picture for 2024, as projected under current tax law, is now available from Wolters Kluwer Tax & Accounting (TAA).
  • These annual projections are based on the relevant inflation data recently reported by the U.S. Department of Labor.
  • The amount has been adjusted for inflation by Congress and is now projected at $13,610,000 for 2024.
  • As cited earlier, Wolters Kluwer TAA projections for indexed amounts are based on the relevant inflation data released by the U.S. Department of Labor.

Lucasys Announces New Addition to Leadership Team

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Monday, September 25, 2023
University, Senior, Committee on Taxation, Tax Cuts and Jobs Act of 2017, PwC, Tax, Edison Electric Institute, Arthur Andersen, PG, State Bar of Texas, University of Maine School of Law, Inc., Accounting, Management, Science, Tarache lucasi, Tenneco, Caron

ATLANTA, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Lucasys , a leading cloud software and service provider for rate-regulated utilities, announced today the recent addition of industry veteran, Mark T. Caron, to its leadership team.

Key Points: 
  • ATLANTA, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Lucasys , a leading cloud software and service provider for rate-regulated utilities, announced today the recent addition of industry veteran, Mark T. Caron, to its leadership team.
  • His deep knowledge of the issues facing the utility industry will provide technical, relational, and professional support for implementation of Lucasys tax software.
  • “We’re excited about what Mark’s addition to the Lucasys team means for us, and more importantly, for our customers,” said Lucasys Co-Founder and Chief Executive Officer, Vadim Lantukh.
  • Caron expressed his enthusiasm for joining Lucasys, saying, “I am honored to be joining such a dynamic and forward-thinking team, and am excited about the value that Lucasys tax software brings to rate-regulated utilities.

Salesforce Announces Strong Second Quarter Fiscal 2024 Results

Retrieved on: 
Wednesday, August 30, 2023
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Salesforce (NYSE: CRM), the #1 AI CRM, today announced results for its second quarter fiscal 2024 ended July 31, 2023.

Key Points: 
  • Salesforce (NYSE: CRM), the #1 AI CRM, today announced results for its second quarter fiscal 2024 ended July 31, 2023.
  • Salesforce delivered the following results for its fiscal second quarter:
    Revenue: Total second quarter revenue was $8.60 billion, an increase of 11% Y/Y and 11% CC.
  • Cash Flow: Cash generated from operations for the second quarter was $0.81 billion, an increase of 142% Y/Y.
  • Remaining Performance Obligation: Remaining performance obligation ended the second quarter at $46.6 billion, an increase of 12% Y/Y.

AUTODESK, INC. ANNOUNCES FISCAL 2024 SECOND QUARTER RESULTS

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Wednesday, August 23, 2023
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SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the second quarter of fiscal 2024.

Key Points: 
  • The third quarter and full-year fiscal 2024 outlook assume a projected annual effective tax rate of 25 percent and 18 percent for GAAP and non-GAAP results, respectively.
  • Shifts in geographic profitability continue to impact the annual effective tax rate due to significant differences in tax rates in various jurisdictions.
  • Autodesk will host its second quarter conference call today at 5 p.m.
  • Net revenue retention rate is calculated by dividing the current quarter Recurring Revenue related to base customers by the total corresponding quarter Recurring Revenue from one year ago.

ECA Marcellus Trust I Announces There Will Be No Quarterly Distribution

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Monday, August 14, 2023
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Cash held in reserve will be invested as required by the trust agreement.

Key Points: 
  • Cash held in reserve will be invested as required by the trust agreement.
  • The Trust is entitled to receive certain amounts of the proceeds attributable to Greylock’s interest in the sale of production from the properties.
  • The anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from Greylock with respect to the relevant quarterly period.
  • The Trust's annual, quarterly and other filed reports are or will be available over the Internet at the SEC's web site at http://www.sec.gov .

OPPORTUNITY ZONE HOUSING MARKETS REBOUND IN SECOND QUARTER OF 2023 ALONG WITH REST OF NATION

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Thursday, August 17, 2023
Housing, U.S. Department of Defense Strategy for Operating in Cyberspace, Average revenue per user, Tax Cuts and Jobs Act of 2017, Internal Revenue Service, Statistics, Economy, Foreign Investment in Real Property Tax Act, United States Department of the Treasury, Sale, Treasury, Congress, United States Census Bureau, Tax, Growth, Federation, Center for Economic Studies (U.S. Census Bureau), Retail, Video game, Renewable energy, Opportunity zone

IRVINE, Calif., Aug. 17, 2023 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017 (see full methodology below). In this report, ATTOM looked at 3,909 zones around the United States with sufficient data to analyze, meaning they had at least five home sales in the second quarter of 2023.

Key Points: 
  • Values in those areas also dipped from late 2022 into early 2023 before recovering in the second quarter.
  • By two key measures, Opportunity Zone markets even showed signs of rebounding slightly better than other neighborhoods around the country during the second quarter of this year.
  • (Among the 3,909 Opportunity Zones included in the report, 3,248 had enough data to generate usable median-price comparisons from the first quarter of 2023 to the second quarter of 2023; 3,704 had enough data to make comparisons between the second quarter of 2022 and the second quarter of 2023).
  • The Midwest continued in the second quarter of 2023 to have larger portions of the lowest-priced Opportunity Zone tracts.

Microchip Technology Increases Quarterly Cash Dividend 36.2% Year-Over-Year to 41.0 Cents Per Share

Retrieved on: 
Thursday, August 3, 2023
CHIPS, Borrowing base, Uncertainty, Intellectual property, Tax cut, COVID-19, Weakness, Risk, Second Continental Congress, European Chips Act, Microchip Technology, Public expenditure, Congress, Inflation, Flood, Acquisition, Tax Cuts and Jobs Act of 2017, Investment, CHIPS and Science Act, Inflation Reduction Act of 2022, Form 10-K, Holding company, Integrated circuit, Microsemi

CHANDLER, Ariz., Aug. 03, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 41.0 cents per share.

Key Points: 
  • CHANDLER, Ariz., Aug. 03, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 41.0 cents per share.
  • The dividend is payable on September 5, 2023, to stockholders of record on August 22, 2023.
  • Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 78 times since its inception.
  • “Today, our Board of Directors approved a year-over-year increase in our dividend of 36.2% to 41.0 cents per share, up from our August 2022 dividend of 30.1 cents per share.