Ternium S.A. (TX) Analysts See $1.52 EPS as of February, 19 | Sch 40 Steel Pipe

Under the 2007 Note Purchase Agreement and 2011 Note Purchase Agreement, OTP may not permit the ratio of its Consolidated Debt to Total Capitalization to be greater than 0.60 to 1.00 or permit its Interest and Dividend Coverage Ratio to be less than 1.50 to 1.00, in each case as provided in the related borrowing agreement, and OTP may not permit its Priority Debt to exceed 20% of its Total Capitalization, as provided in the related agreement. As of December 31, 2018, OTP’s Interest and Dividend Coverage Ratio and Interest Charges Coverage Ratio, calculated under the requirements of the 2007 Note Purchase Agreement and 2011 Note Purchase Agreement, was 3.28 to 1.00.

14. Income Taxes The total income tax expense differs from the amount computed by applying the federal income tax rate (21% in 2018, and 35% in 2017 and 2016) to net income before total income tax expense for the following reasons: The Company’s deferred tax assets and liabilities were composed of the following on December 31: 113 Table of Contents Federal PTCs are recognized as wind energy is generated based on a per kwh rate prescribed in applicable federal statutes. OTP’s kwh generation from its wind turbines eligible for PTCs decreased 53.0% in 2018 compared with 2017 due to the PTC eligibility period ending for one of OTP’s wind farms. OTP’s kwh generation from its wind turbines eligible for PTCs increased 4.4% in 2017 compared with 2016. North Dakota wind energy credits are based on dollars invested in qualifying facilities and are being recognized on a straight-line basis over 25 years. Schedule of expiration of tax credits and tax net operating losses available as of December 31, 2018: The following table summarizes the activity related to the Company’s unrecognized tax benefits: The balance of unrecognized tax benefits as of December 31, 2018 would reduce the Company’s effective tax rate if recognized. The total amount of unrecognized tax benefits as of December 31, 2018 is not expected to change significantly within the next 12 months. The Company classifies interest and penalties on tax uncertainties as components of the provision for income taxes in the Company’s consolidated statement of income. There was no amount accrued for interest on tax uncertainties as of December 31, 2018. The Company and its subsidiaries file a consolidated U.S. federal income tax return and various state income tax returns. As of December 31, 2018, with limited exceptions, the Company is no longer subject to examinations by taxing authorities for tax years prior to 2015 for federal and North Dakota income taxes and prior to 2014 for Minnesota state income taxes. TCJA In December 2017 the TCJA was enacted. The TCJA includes a number of changes to existing U.S. tax laws that impact the Company, most notably a reduction of the federal corporate income tax rate from 35% to 21% for tax years beginning after December 31, 2017. The Company measures deferred tax assets and liabilities using enacted tax rates that will apply in the years in which the temporary differences are expected to be recovered or paid. Accordingly, the Company’s deferred tax assets and liabilities were remeasured to reflect the reduction in the U.S. corporate income tax rate from 35% to 21% in 2017. The revaluation for OTP required the creation of a regulatory liability and an offsetting reduction in deferred tax liability. This regulatory liability will generally be amortized over the remaining life of the related assets. On a consolidated financial statement basis, the revaluation resulted in a one-time, non-cash, income tax expense of approximately $1.8 million in 2017. The impacts of the TCJA adjustments to deferred taxes and regulatory liabilities are provided in the reconciliation below: 114 Table of Contents The Company recognized the income tax effects of the TCJA in its 2017 consolidated financial statements in accordance with Staff Accounting Bulletin No. 118, which provided SEC staff guidance for the application of ASC Topic 740, Income Taxes, and allowed up to one year to complete the required analyses and accounting for the TCJA. At December 31, 2017 the Company was able to make reasonable estimates of the impact of the TCJA for the reduction in the federal corporate tax rate, changes to bonus depreciation and consequences on the Company’s regulatory liabilities. The accounting for the income tax effects of the enactment of the TCJA was complete as of September 30, 2018. The Company did not make any material adjustments in 2018 to the amounts recorded at December 31, 2017.

OU heads to Tampa for a meeting with USF Sunday at 11 a.m. CT. Live stats will be available for the contest. 

To add even more complexity to what’s already an unusual high-wire act of engineering, Haiqing’s team will build the northern half of the cable-stayed bridge and tower and will be responsible for installing the final deck section to connect its half with the one built by Zhejiang. “It is very unusual [to have two contractors build either half], but we have a monitoring system between the contractors and the design is very precise,” Haiqing says.

Media ContactCompany Name: Shanghai Metal CorporationContact Person: Media RelationsEmail: Send EmailPhone: +86 21-58309368State: ShanghaiCountry: ChinaWebsite: http://www.shanghaimetal.com

On January 29, 2019, the United States received a request for consultations at the World Trade Organization from the European Union challenging the imposition of U.S. antidumping and countervailing duties on Spanish olives. This stems from an investigation where the U.S. Department of Commerce found that olives from Spain were being unfairly dumped in the United States at rates ranging from 16.88 to 25.50 percent. The U.S. Department of Commerce also found that olives from Spain were unfairly subsidized at rates ranging from 7.52 to 27.02 percent.

At December 31, 2018 we had exposure to market risk associated with interest rates because OTP had $9.4 million in short-term debt outstanding subject to variable interest rates indexed to LIBOR plus 1.25% under the OTP Credit Agreement and we had $9.2 million in short-term debt outstanding subject to variable interest rates indexed to LIBOR plus 1.50% under the Otter Tail Corporation Credit Agreement.

The annual dividend that Ternium S.A. pay is $1.1 per share with a dividend yield of 3.72%. Northwest Pipe Company does not pay a dividend.

According to the probable cause statement, Graczyk admitted to police Post-Miranda that he had made the pipe bombs and sent the photo to the family member.

On top of the savings initiatives, the Group started to deploy its new, more competitive manufacturing routes, VSB (Brazil) and Tianda (China), which now represent c.50% of the total rolling capacity, compared to c.30% in 2014, while Europe represents c.25% of total rolling capacity compared to c.45% in 2014. The Group has recorded a continued growth in the utilization of its new routes, which offer a step change in competitiveness on recovering international O&G markets.

BLS for Healthcare Provider Course (HLTH 5300/19S & CRN #70239) will be held Saturday, March 16, from 8 a.m.-2 p.m. in Room 105 of the Arlo Wirth Building on the Norfolk campus.

Vancouver, British Columbia–(Newsfile Corp. – February 11, 2019) – Millennial Lithium Corp. (TSXV: ML) (“Millennial” or the “Company”) is pleased to report encouraging results from an extended pumping test of a second production-scale well at its Pastos Grandes Project in Salta, Argentina. Pumping well PGPW17-04 was installed to complete extended pumping of lithium brine to determine the robustness and chemical variation of the aquifer over 23 days in September, 2018. At a pumping rate of 15 litres/second (L/s), the lithium content remained consistent over the trial period and the drawdown was approximately 57 metres (m), with rapid recovery. Estimated transmissivity was calculated from the drawdown data at 40m2/day. The pumping test was completed under the direction and supervision of Montgomery and Associates.