Navigation Links
Otter Tail Corporation Reports Record Revenues and Net Income From Continuing Operations for 2007; Earnings Per Share of $1.78; Board Approves Dividend Increase
Date:2/5/2008

costs increased $1.8 million despite a 5.3% decrease in kwhs generated mainly as a result of an 86% increase in generation at the electric utility's higher-cost combustion turbine peaking plants. Purchased power costs to serve retail customers increased $16.4 million, reflecting a 22.1% increase in kwhs purchased for system use combined with a 4.9% increase in the cost per kwh purchased, mainly related to power purchased in the fourth quarter of 2007 to replace generation lost during a scheduled major maintenance shutdown of Big Stone Plant. The increase in electric operation and maintenance expenses in 2007 reflects an increase in expenses related to external contract work, higher labor and benefit costs, rate case related expenditures and increased tree-trimming expenses. The electric utility recorded a non-cash charge in other income and deductions of $3.3 million in the fourth quarter of 2006 related to a reduction in capitalized interest allowed in rate base. The resulting increase in other income and deductions in 2007 was partially offset by a $0.8 million decrease in allowance for equity funds used during construction.

Plastics

Plastics segment revenues and net income were $149.0 million and $8.3 million, respectively, in 2007 compared with $163.1 million and $14.3 million in 2006. The decrease in revenue and net income is due to an 18.8% reduction in plastic pipe sales prices partially offset by a 12.5% increase in pounds of plastic pipe sold and a 12.5% decrease in the cost per pound of pipe sold. The decrease in sales prices reflected a softening of the plastic pipe market, which was expected.

Manufacturing

Manufacturing segment revenues and net income were $381.6 million and $15.6 million, respectively, in 2007 compared with $311.8 million and $13.2 million in 2006. DMI Industries, Inc. recorded a $48.0 million increase in revenue and a $1.4 million increase in net income as a result of increased production levels and producti
'/>"/>

SOURCE Otter Tail Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Related medicine news :

1. Health Department Warns Consumers of Home-Canned Soup Linked to Potter County Restaurant
2. Medco Elects Myrtle Potter, William Roper to Board of Directors
3. HSPH Dean Barry R. Bloom to receive honorary doctorate from Erasmus University Rotterdam
4. Otter Tail Corporation Announces Third Quarter Earnings and Maintains 2007 Earnings Guidance; Board of Directors Declares Dividend
5. STERIS Corporation Promotes Timothy L. Chapman to Group President of Healthcare
6. Volcano Corporation Selects Xactly to Drive Strategic Sales Performance Management
7. CRH Medical Corporation announces substantial increase in patient visits
8. Medical Simulation Corporation and the American Board of Internal Medicine Introduce New Simulation for Physician Assessment and Evaluation
9. Providence Service Corporation to Present at the 2008 UBS Global Healthcare Services Conference on February 11
10. Triple-S Management Corporation to Present at UBS Global Healthcare Conference
11. Mirixa Corporation Announces Leadership Change
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/22/2014)... Recent two-generation approaches to reducing poverty that help ... from researchers, advocates, and foundations. By combining education ... move to jobs that offer a path out ... for children, these programs aim to improve the ... a new report from the National Center for ...
(Date:9/22/2014)... The Workgroup for Electronic ... authority on the use of health IT to ... from its recent industry survey on the use ... electronic transactions adopted under the Health Insurance Portability ... from August 20 to September 5, which included ...
(Date:9/22/2014)... HealthDay Reporter MONDAY, Sept. ... wonders: What can I do to help ensure a healthy ... prescribed may play a role in reducing the risk of ... researchers found that mothers of children with autism were significantly ... pregnancy than those whose children seem to be developing normally. ...
(Date:9/22/2014)... Severe weather can occur with little warning, so it’s ... of National Preparedness Month, Amica Insurance is offering the ... unexpected:, , Build an emergency supply kit. It ... gallon of water per person per day for at least 72 ... includes pets so your family knows what to do and where ...
(Date:9/22/2014)... 22, 2014 The struggles that lie ... (LEP) patients has been well-documented—reportedly, language barriers between doctors ... to the emergency room and an increased likelihood for ... At Sanford Health, the largest medical facility in the ... LEP population necessitated the need for Video Remote ...
Breaking Medicine News(10 mins):Health News:A two-generation lens: Current state policies fail to support families with young children 2Health News:WEDI Announces Survey Results from Unique Health Plan Identifier (HPID) Industry Poll 2Health News:WEDI Announces Survey Results from Unique Health Plan Identifier (HPID) Industry Poll 3Health News:Could Low Iron Intake During Pregnancy Raise Autism Risk? 2Health News:Could Low Iron Intake During Pregnancy Raise Autism Risk? 3Health News:Amica Shares Tips for National Preparedness Month 2Health News:Healthcare Cost Savings Case Study:Stratus Video Interpreting Assists Sanford Health System in Accommodating Increasing LEP Population,Saves a Predicted $100,000 Per Year 2Health News:Healthcare Cost Savings Case Study:Stratus Video Interpreting Assists Sanford Health System in Accommodating Increasing LEP Population,Saves a Predicted $100,000 Per Year 3Health News:Healthcare Cost Savings Case Study:Stratus Video Interpreting Assists Sanford Health System in Accommodating Increasing LEP Population,Saves a Predicted $100,000 Per Year 4
... the computers are sought in order to develop a vaccine ... have the ability to perform difficult task and can work ... good at handling long and complex problems with ease. In ... a cure against bird flu. Mostly computers that can crunches ...
... associated with spinal tumors has been developed by a ... vertebrae is a common feature in 5 to 10 ... ,Wade Wong, D.O.F.A.C.R, UCSD professor of radiology, ... spinal tumors from 28 patients before repairing the spine ...
... although prostate cancer was extremely dangerous, men over 75, ... radical prostatectomy or radiation does help to ... elders is often affected because of resulting urinary incontinence ... M. Hoffman, an associate professor of medicine at the ...
... is believed to play a key role in the development ... that the revelation could be of immensely helpful for the ... an enzyme called telomerase is believed to contribute to the ... tumors. A lack of detailed information regarding its structure had ...
... laureate hopes to manufacture plentiful anti-flu drugs at a cheaper ... work out the method while relaxing at home on a ... and given it to World Health Organization to prevent any ... for the production cycle is a compound extracted from the ...
... officials of the NHS Grampian said that people were offered ... NHS health board said so defending their decision to house ... ,A spokeswoman for NHS Grampian said a doctor always ... for a patient to stay outwith the city's Royal Infirmary. ...
Cached Medicine News:Health News:Novel Technique To Revolutionize Treatment Of Spinal Tumors 2
(Date:9/22/2014)... YORK , Sept. 22, 2014 ... exclusive, global license agreement with Plasma Technologies LLC ... proprietary plasma fractionation process. Concurrently, the Company announced ... to strategically refocus and rebrand the company as ... a national listing for its common shares. ...
(Date:9/22/2014)... , Sept. 22, 2014 Research ... "Global and Chinese Diclofenac Industry Report 2014" report ... Chinese Diclofenac Industry Report 2014 is a professional and ... diclofenac industry with a focus on the Chinese situation. ... the industry including definitions, classifications, applications and industry chain ...
(Date:9/20/2014)... OTTAWA , Sept. 20, 2014 /CNW/ - The issue: ... voluntarily recalling all lots of its Mylan-Nitro Spray 0.4 mg/metered ... is part of the pump component. A ... delivery of nitroglycerin to the patient. This defect may lead ... fact they are unable to access it. Not receiving nitroglycerin ...
Breaking Medicine Technology:Access Pharmaceuticals Announces Exclusive Global Plasma Therapeutics License, New Management And New Corporate Name 2Access Pharmaceuticals Announces Exclusive Global Plasma Therapeutics License, New Management And New Corporate Name 3Access Pharmaceuticals Announces Exclusive Global Plasma Therapeutics License, New Management And New Corporate Name 4Access Pharmaceuticals Announces Exclusive Global Plasma Therapeutics License, New Management And New Corporate Name 5Access Pharmaceuticals Announces Exclusive Global Plasma Therapeutics License, New Management And New Corporate Name 6Global and Chinese Diclofenac Industry Report 2014 2Advisory - Mylan Pharmaceuticals recalling nitroglycerin spray due to defective pump 2
... Consumers who have Medicare can now access updated ... conditions and coverage options, thanks to the re-release ...   http://photos.prnewswire.com/prnh/20100615/NCOALOGO ) (Logo:   http://www.newscom.com/cgi-bin/prnh/20100615/NCOALOGO ... Council on Aging (NCOA), the site offers users ...
... Roche Molecular Diagnostics (SIX: RO, ROG; OTCQX: RHHBY) announced today ... the COBAS® AmpliPrep / COBAS® TaqMan® HBV Test v2.0 for ... a fully automated solution for the quantitative detection of hepatitis ... patients on HBV antiviral therapy.   "This new ...
Cached Medicine Technology:MyMedicareMatters Website Expands Coverage of Critical Medicare Information 2MyMedicareMatters Website Expands Coverage of Critical Medicare Information 3Roche Receives FDA Approval for Second-Generation Hepatitis B Viral Load Test 2Roche Receives FDA Approval for Second-Generation Hepatitis B Viral Load Test 3
... 3000 Plus Sectioning System provides a versatile ... or plant tissues. The 3000 employs ... without freezing or embedding. The creation ... destruction of enzyme activities, and other deleterious ...
... standard with a square vice mounting ... utilized for mounting specimens and placing ... The blocks are annodized black for ... reused. They are shipped three ...
Injector blades come ten to an injector and allow for the easy replacement of Vibratome cutting blades....
... includes everything from the care package ... Spare Fluorescent Bulb, additional Vibratome Feather ... and a Specimen Tray. ... 1/2" speciment mounts, replacement rotating mounts, ...
Medicine Products: