Fitch Revises Outlook on State of Washington to Negative; Rates $1.5B GOs 'AA+'

Fitch Revises Outlook on State of Washington to Negative; Rates .5B GOs 'AA+'
After state general fund revenue declines of 9.6% in fiscal 2009 and 4.1% in fiscal 2010, the November 2011 forecast projects revenues up 7.9% in fiscal 2011, reflecting in part tax increases enacted in April 2010, followed by growth of just 0.3% in …
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WMS Reports Diluted EPS of .29 for Fiscal Second Quarter, Inclusive of IDEXX Laboratories' CEO Discusses Q4 2011 Results – Earnings Call Transcript
We expect the tax rate to be between 31.5% and 32% for the full year. Our projected tax rate is approximately 50 to 100 basis points higher mid-2011, primarily due to the fact that we have not incorporated the benefit of the federal R&D tax credit into …
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.02 …
The effective tax rate for the December 2011 quarter was 35% compared to 31% for the December 2010 quarter. The December 2011 quarter reflects the benefit from the US Federal Research & Development Tax Credit which more than offset an increase in the …
Read more on MarketWatch (press release)

Tags: &#39AA&#39, $1.5B, Fitch, negative, Outlook, Rates, Revises, state, Washington

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