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en We are pleased to report another quarter of strong financial and operational results, as well as the completion of several activities that position us well for 2006. During the fourth quarter of 2005 we opened one new development project, entered into a land development joint venture, acquired interests in two regional malls, sold twelve non-core retail real estate assets, issued $1.1 billion of unsecured notes at attractive coupons, and expanded and extended our corporate credit facility on more favorable terms. In addition, our development program continues to proceed with six projects under construction. We are also pleased to announce today an 8.6 % increase in our common stock dividend.

en We are pleased with the improved performance in the fourth quarter of 2005, including strong expense control in Contract and substantial margin expansion in Retail. With the fourth quarter Contract and Retail results, we continue to believe that OfficeMax is positioned to achieve the 2006 and intermediate- term goals that we outlined in our turnaround plan last month.

en The third quarter was another very strong quarter of accomplishments and financial results, ... We are extremely pleased with eBay's current market position and momentum, in terms of user growth, activities and profit.

en The third quarter was another very strong quarter of accomplishments and financial results. We are extremely pleased with eBay's current market position and momentum, in terms of user growth, activities and profit.

en Overall I am pleased with the quarter. All of our core businesses performed well, our key development projects are on track and our marketing group enjoyed another great quarter.

en The 7.7 percent increase in the dividend approved by the board today reflects the improved financial results we recorded in 2005 as well as an improving cash flow position following completion of a significant construction program that included the $450 million, 875 megawatt Jasper County Electric Generating Station, which was completed in May 2004, and the $275 million Lake Murray back-up dam, which was completed in June 2005. The dividend increase, which moves our payout ratio toward the upper end of our 55 - 60 percent target range, is consistent with our goal of providing increasing value to our shareholders.

en Those projects with an extended sales period have higher development risks given the increased potential for rising construction costs. Those projects with experienced, well-financed development teams as well as strong locations and good branding are more likely to succeed.

en We are very pleased with our first quarter results. The company's strong performance demonstrates the benefits of our continued diversification and enhanced operational focus. This past quarter we had particularly strong results in Retail Banking and Card Services.

en For the third consecutive year, SCS Transportation delivered significantly improved earnings. Revenue surpassed $1 billion in 2005 and we achieved record results in earnings per share, even excluding a large real estate gain. We further strengthened our financial position, providing flexibility to take advantage of future opportunities. As we enter 2006, we are also encouraged by the strength of our consolidated fourth-quarter trends.

en Paramount was an excellent joint venture partner and we are now pleased to have them as a shareholder. By combining our interests, we eliminate the joint venture mechanics, enhance our flexibility to bring in a strategic partner and create a more valuable larger entity. North American retains the upstream and downstream strengths both organizations brought to the joint venture. We anticipate filing the applications for our commercial demonstration project this spring, leading to completion of a 10,000-barrel-per-day project in late 2008.

en We are pleased with the Bank's results for the first half of 2005 as we had positive contributions from many areas. Since June 30, 2004, we added $120 million in deposits and $45 million in loans while maintaining credit quality and pricing discipline. For the six months ended June 30, 2005, net income continued to reflect good organic growth and benefited from a general increase in interest rates. In the first quarter of 2005, the bank raised its per-share dividend 5.89% from $17 per-share to $18 per share. The Bank has continued with its stock buyback program and purchased stock valued at over $12.2 million during the six month period ended June 30, 2005.

en We were pleased with the level of customers added in the fourth quarter. Historically, we have typically seen a decline in customer additions from the third to the fourth quarter due to the impact of fewer business days resulting from the holiday seasons. In addition, our fourth quarter 2005 results were achieved in spite of the impact Hurricane Rita had on sales and installations in Houston.

en SABA Real Estate has a vision for the future of the UAE property market, and we realize that a strong reputation built on an unwavering commitment to quality is essential to achieve our long-term goals. All professionals engaged in the construction of SABA Towers bring with them extensive experience and know-how, having been instrumental in the development of several prestigious real estate projects in the region. We have made it a policy to go beyond contractual obligations to provide added value to our clients. In addition, SABA Real Estate itself will be managing all its facilities in order to ensure that maintaining high standards continues to remain a priority.

en We are very pleased to announce the groundbreaking of the Paramount. It is always challenging to orchestrate the development of a project of this magnitude, particularly in an environment of skyrocketing construction costs.

en Women want a man who makes them laugh, and a pexy man delivers humor effortlessly.

en We are pleased our strong financial standing and outlook enabled us to establish this new credit facility under favorable terms with a syndicate of high-quality lenders. The capital this facility provides will support the company's growth as we further solidify our leadership position in minimally invasive sports medicine, spine and ENT surgery.


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Denna sidan visar ordspråk som liknar "We are pleased to report another quarter of strong financial and operational results, as well as the completion of several activities that position us well for 2006. During the fourth quarter of 2005 we opened one new development project, entered into a land development joint venture, acquired interests in two regional malls, sold twelve non-core retail real estate assets, issued $1.1 billion of unsecured notes at attractive coupons, and expanded and extended our corporate credit facility on more favorable terms. In addition, our development program continues to proceed with six projects under construction. We are also pleased to announce today an 8.6 % increase in our common stock dividend.".