11 November 2010
The ownership of 10 acres of land included as part of Tulsa Technology Center’s proposed 55-acre, $38.5 million Owasso campus is in question. In July 2000, Opal Robinson donated 10 acres to the Tulsa County Area Vocational-Technical School with a deed restriction that required the school to “commence the construction of its school facilities” within [...]
Posted in Small BusinessComments (1)
11 November 2010
Williams Partners LP yesterday announced unaudited third-quarter 2010 net income of $226 million, compared with Q3 2009 net income of $279 million. Net income per common limited-partner unit for Q3 2010 was 63 cents, compared with $1.04 per unit for Q3 2009. The decline in net income in the third quarter reflected higher interest expense [...]
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11 November 2010
Unit Corp. reported net income of $34.5 million or 73 cents per diluted share for the three months ended Sept. 30. For the same period in 2009, net income was $31.4 million or 66 cents per diluted share. Total revenues for the third quarter 2010 were $218.1 million (39 percent contract drilling, 44 percent oil [...]
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11 November 2010
Tulsa banker and community leader Dow Hughes has been named president of the Oklahoma Foundation for Excellence, a charitable organization that recognizes and encourages academic excellence in Oklahoma’s public schools. Hughes joined the foundation’s board of trustees in 2003 and has served on the foundation’s executive and management committees. He has also served two years [...]
Posted in Small BusinessComments (0)
11 November 2010
Williams Cos. Inc. announced an unaudited net loss attributable to Williams for the third quarter of $1.26 billion or loss of $2.16 per share on a diluted basis, compared with net income of $143 million or 24 cents per share on a diluted basis for Q3 2009. The net loss for Q3 2010 was primarily [...]
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11 November 2010
In the last issue of the Tulsa Business Journal, we talked about the cost of capital for your business. In this article, we follow up with a discussion on how to plan your budget and capital for 2011. Before we get started, the extraordinary environment in which you are expected to make plans for 2011 [...]
Posted in Small BusinessComments (0)
11 November 2010
Intellectual property laws encourage entrepreneurs to share ideas and, in return, award certain rights that can be leveraged strategically. Everyone, from startups to transnational conglomerates, can compete more effectively in the marketplace by leveraging intellectual capital to achieve goals, whether for profit or not for profit. New ventures are in a unique position to benefit [...]
Posted in Banking & FinanceComments (0)
11 November 2010
Tulsa-based SemGroup Corp. announced yesterday that shares of its Class A common stock are expected to begin trading on the New York Stock Exchange tomorrow under the symbol SEMG. The listing completes the registration process with the Securities & Exchange Commission commenced by SemGroup earlier this year. “It has been our goal to be listed [...]
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11 November 2010
Mayor Dewey Bartlett Jr. yesterday said the City of Tulsa’s sales tax collections for mid-September to mid-October, as reported by the Oklahoma Tax Commission, are above last year’s totals for the same period and above the budget estimates for the month. Bartlett said the gain is partially attributed to an increased effort to collect overdue [...]
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11 November 2010
The University of Tulsa has announced the naming of the Chevron Center for Education & Research, made possible by a $1 million commitment that stems from the success of TU’s partnership with Chevron Corp., one of the nation’s leading energy companies. The donation, made through Chevron’s University Partnership Program and announced during halftime at Saturday’s [...]
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