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On March 31, 2016 OTP filed its annual update to the ECR rider requesting a reduction in the rate from 9.193% to 7.904% of base rates, or a revenue requirement reduction from $12.2 million to $10.4 million, effective July 1, 2016. The rate reduction request was primarily due to the Company’s 2015 bonus depreciation election for income taxes, which reduces revenue requirements. The filing was approved on June 22, 2016.
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“The company’s split-frame machines also offer optional spring-loaded tool slides, which track pipe OD to deliver a uniform prep and land, which is a big advantage when cutting—a pipe under compression has less chance of grabbing a blade,” Rohrbacher said.
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Ternium S.A. (NYSE:TX) and Ossen Innovation Co. Ltd. (NASDAQ:OSN), are influenced by contrast since they are both players in the Steel & Iron. These factors are particularly influence the institutional ownership, analyst recommendations, profitability, risk, dividends, earnings and valuation of the two firms.
A $12.7 million decrease in income tax expense in 2018 is mainly due to the decrease in the United States federal corporate income tax rate from 35% in 2017 to 21% in 2018 under the 2017 Tax Cuts and Jobs Act (TCJA).
A 2.39 beta means Companhia Siderurgica Nacional’s volatility is 139.00% more than Standard and Poor’s 500’s volatility. Competitively, Ternium S.A. is 20.00% less volatile than Standard and Poor’s 500, because of the 0.8 beta.
According to the probable cause statement from Graczyk’s arrest, the family member told police Graczyk had recently been contacting him and other family members non-stop to ask for money to “buy guns and to get a job.”
Big Calif.-Ore. dam removals, which triggered the Jan. 25 federal ruling on state clean-water okays, are proceeding to contract.
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