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The loans also give them recurring income to fall back on when market conditions worsen.
In general, investors prefer companies to reward executives for producing recurring income, not one-time gains.
A. We saw the utility industry as very similar to real estate: high capital investment, recurring income, high dividends.
"Post-2012, the company would expect that they have enough recurring income from the hotel and investment leasing portfolio to cover corporate costs and be profitable," he added.
For members with established accounts, FCUs should only need to review a member's account records and proof of recurring income or employment.
So farmers cannot save the seed from one year's crop to plant the next, but must buy new seeds every year, providing seed companies with recurring income.
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Adobe is generating more revenue than the markets expected as it works to grow its company-wide recurring incomes.
All that and the company stressed a "responsible" profit and loss balance while moving from single-sale to recurring incomes.
It also forecast that full-year sales growth would slightly exceed its half-year growth target of 10 percent and recurring operating income would increase slightly faster than revenue.
In January, Enron told investors its "recurring net income," as it calls its pro forma number, would be $1.70 to $1.75 a share this year.
As a result, the automotive division's recurring operating income "should be close to break-even" for 2011, it said, compared with an earlier prediction that the business would post a profit.
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