Note: This news release and other statements by the
Company include
forward-looking statements within the meaning of the Private Securities
Litigation
Reform Act of 1995 with respect to the outlook for earnings,
revenues and other future financial
business performance or strategies and
expectations.
coat heraldry
The Company is taking this action to
address a significant increase in the
number of natural gas leaks in a portion of its distribution
system in Prince
George's County, Maryland.C.m. These
statements also do not include any impact
related to the expensing of
stock options under the Financial Accounting Standards Board's
Statement
123R, which is effective for quarters beginning after June
15, 2005.coat 380
C. The outcome of negotiations
and
discussions the Company may hold with other parties from time to time
regarding utility and
energy-related investments and strategic transactions
that are both recurring and non-recurring may
also affect future performance.
This Business Update is a scheduled update to the company's
Business
Outlook for the quarter, which ends April 2. Factors that could cause demand to be
different
from Intel's expectations include changes in
customer order patterns, including order cancellations
,
changes in the level of inventory at customers and changes in
business and economic
conditions.
The expectation regarding gains or losses from equity
securities and interest
and other could vary from expectations
depending on equity market levels and volatility,
gains or
losses realized on the sale or exchange of securities,
impairment charges
related to non-marketable and other
investments, interest rates, cash balances and changes
in fair
value of derivative instruments.depictions rec
com." Although the Company believes
such forward
-looking statements are based on reasonable assumptions, it cannot
give assurance that every objective
will be achieved.----Intel
Corporation expects revenue for the first quarter to be between $9. Expensing
of stock options would decrease gross margin,
increase expenses (including R+D expenses) and affect
the tax rate.
*Intel is a mark or registered trademark of Intel Corporation or
its subsidiaries
in the United States and other countries.crests elizabethan
Currently, the Company does not anticipate that the
actions described
above will affect the earnings guidance it gave on February 3, 2005, for the
quarter
ended March 31, 2005, and the fiscal year ending September 30, 2005. However, the Company will seek
recovery of the
costs deemed necessary to earn its authorized rate of return in order to
maintain
its financial health and perform its public service obligation.
As previously disclosed in the
Company's filings with the Securities and
Exchange Commission, the following factors, among others
, could cause actual
results to differ materially from forward-looking statements or historical
performance:
the level and rate at which costs and expenses are incurred in
connection with constructing, operating
and maintaining the Company's natural
gas distribution system; variations in weather conditions from
normal levels;
changes in economic, competitive, political and regulatory conditions and
developments;
changes in capital and energy commodity market conditions;
changes in credit ratings of debt securities
of WGL Holdings, Inc. All other expectations are unchanged.
emblems baronage
At the present time, the Company cannot
specifically define
the period of time over which this work will be performed.
armorial mediaeval
Of this
amount, $50 million (on a pre-tax basis) is expected
to be charged to operation and maintenance expenses
, and $25 million is
expected to be charged to capital expenditures.intc.com/pressroom
This Business
Update and the Jan.depictions elizabethan
WGL Holdings Inc. Announces Actions to Address Operating Issues in Prince George
's County Maryland
Expenses, particularly certain marketing and compensation
expenses
, vary depending on the level of demand for Intel's
products and the level of revenue and
profits.
Intel's results could also be affected by adverse effects
associated with
product defects and errata (deviations from
published specifications) and by litigation or
regulatory
matters involving intellectual property, stockholder,
consumer, antitrust
and other issues, such as the litigation
and regulatory matters described in Intel's SEC
reports.mediaeval britton
These leaks have resulted from the deterioration of
seals located within mechanical couplings
that connect sections of
distribution mains and service lines. stated: "The safety of our customers
and
the general public and the reliability of our distribution system have always
been and will
continue to be our primary concern.
The Company expects to incur $75 million in costs to complete
the
necessary work.nobility depictions
The Company continues to investigate the
reasons for the degradation of the
seals in the couplings that are causing the
increase in gas leaks in this part of its distribution
system.
Commenting on this matter, WGL Holdings Chairman and Chief Executive
Officer James
H., and the
surrounding region. Additional information
about WGL Holdings is available on its
Web site, http://www.lexicon alchemist
Throughout this process, we
will continue to work closely with the applicable
authorities and the
community. However, it is
the Company's intent to perform the work as soon
as reasonably possible, and
it is developing an operating plan that will define the time period for
these
expenditures.
However, operating results in future periods will be affected by the level
and
rate at which costs and expenses are incurred in connection with the efforts
described above
., WGL Holdings is the parent company of
Washington Gas Light Company, a natural gas utility that
serves approximately
one million customers throughout metropolitan Washington, D. In addition, it
holds a group of energy-related retail
businesses that focus primarily on retail energy-marketing
and commercial
heating, ventilating and air conditioning services.
Business Editors/High-Tech
Editors
SANTA CLARA, Calif. Commercial services and retail sites are not listed here and should
be submitted to Top: Society: Genealogy: Products and Services: Heraldry or to Top: Shopping: Recreation:
Genealogy: Heraldry, as appropriate.
quartermaster elizabethan
(NYSE: WGL), has
announced that it will replace all gas service
lines and repair those gas
mains that contain mechanical couplings in a portion of Prince George
's
County, Maryland. However, there can be no assurance at this time that
recovery in rates will
be approved or for the period in time that such
recovery will be allowed. Forward-looking statements
are typically identified by words
such as, but not limited to, "estimates," "expects," "anticipates
," "intends,"
"believes," "plans," and similar expressions, or future or conditional verbs
such
as "will," "should," "would," and "could. This Business Update does not include the potential
impact
of any mergers, acquisitions, divestitures or other business
combinations that may be completed after
March 9, 2005. Intel presently considers the factors set forth
below to be the important factors
that could cause actual results to
differ materially from Intel's published expectations.
Intel
operates in intensely competitive industries.britton elizabethan
Many factors could affect Intel's actual results, and
variances from
Intel's current expectations regarding such factors could cause actual
results
to differ materially from those expressed in these forward
looking statements.quartermaster symbolism
DeGraffenreidt, Jr
. If
regulators allow for the recovery of these costs in its retail natural gas
rates, the Company
will defer such costs and amortize them to income over the
period of recovery. Forward-looking
statements
speak only as of today, and the Company assumes no duty to update
them.
For a further discussion
of the risks and uncertainties, see the Company's
most recent annual report on Form 10-K and other
reports filed with the
Securities and Exchange Commission.8
billion to $9.com, with a replay
available
until April 19.
Intel's results could be impacted by unexpected economic,
social and
political conditions in the countries in which
Intel, its customers or its suppliers operate
, including
security risks, possible infrastructure disruptions and
fluctuations
in foreign currency exchange rates.Contains sites which concern the study and art of heraldry and heraldic
coats of arms.
beitel symbolism
At the present time, the Company has not requested regulatory recovery of
the
costs it expects to incur.wglholdings. Intel's
first-quarter Business Outlook was originally published
in the
company's fourth-quarter 2004 earnings release, available at
www.coats beitel
The company will discuss
this update during a public
webcast at 2:30 p.heraldry mediaeval
"
While the Company has been repairing these
leaks in compliance with
federal regulations, the frequency of these leaks has caused the Company
to
further accelerate its efforts and adopt a more comprehensive solution to this
situation.intc
.com.
The gross margin percentage could vary from expectations based
on changes in
revenue levels, product mix and pricing,
manufacturing yields, changes in unit costs, capacity
utilization and the existence of excess capacity, and the
timing and execution
of the manufacturing ramp and associated
costs, including start-up costs.cathar baronage
WASHINGTON,
Washington Gas Light Company
(Company), a wholly-owned subsidiary of WGL Holdings, Inc. These amounts
represent
estimates that could differ materially from the final amount of costs that are
actually
incurred. If such costs are incurred and are not recovered in
rates in years beyond fiscal year
2005, earnings in those years may be
significantly reduced from the levels that would otherwise be
reported.bookplates rec
Intel First-Quarter Business at High End of Expectations; Revenue Expected to be Between $9
.2 Billion and $9.4 Billion
4 billion.
Intel, the world's largest chip maker, is also a leading
manufacturer of computer, networking and communications products.
Additional information about
Intel is available at
www. 25, 2004.lexicon symbolism
or
Washington Gas Light Company that may affect access to
capital or the cost of
debt; changes in credit market conditions and creditworthiness of customers
and suppliers; changes in relevant laws and regulations, including tax,
environmental and employment
laws and regulations; legislative, regulatory and
judicial mandates or decisions affecting business
operations or the timing of
recovery of costs and expenses; the timing and success of business and
product
development efforts and technological improvements; the pace of deregulation
efforts and
the availability of other competitive alternatives; terrorist
activities; and other uncertainties
.
The tax rate expectation is based on current tax law and
current expected income
, assumes Intel continues to receive
tax benefits for export sales, and does not reflect the
impact
of any potential repatriation of cash under the American Jobs
Creation
Act.symbolism elizabethan
2
billion and $9.emblems baronage
intel.britton lexicon
11 Business Outlook are
forward-looking statements and
involve a number of risks and
uncertainties. The tax rate may be affected by the closing of
acquisitions or divestitures, the jurisdiction in which
profits are determined to be
earned and taxed, changes in the
estimates of credits and deductions, the resolution of issues
arising from tax audits with various tax authorities and the
ability to realize
deferred tax assets.baronage emblems
Headquartered in Washington, D.4 billion, as compared to the previous range
of $8.
The first-quarter gross margin percentage is expected to be
approximately 57 percent, plus
or minus a point, as compared to the
previous expectation of 55 percent, plus or minus a couple of
points,
primarily due to lower than expected 65nm start-up costs and
microprocessor unit costs
. A more detailed
discussion of these factors, as well as other factors that could
affect Intel
's results, is contained in Intel's SEC filings, including
the report on Form 10-K for the year ended
Dec.quartermaster arms
PST today at www. Revenue
and the gross margin percentage are affected by the demand
for
and market acceptance of Intel's products, the availability of
sufficient
inventory to meet demand, pricing pressures and
actions taken by Intel's competitors, and
the timing of new
product introductions.
The gross margin percentage could also be
affected by excess
or obsolete inventory, variations in inventory valuation and
impairment of manufacturing or assembly and test assets.elizabethan blazon
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