BTR, Britain's biggest diversified industrial company, said it would make a $190 millionn one-time profit on the sale.
Investors had shied away from VTB because its earnings often seemed to rely on one-time profits, like gains from foreign exchange rate movements or trading windfalls, and not from its core banking business, Mr. Kommers, the banking analyst, said.
As a result, Clean Harbors decided the new rule had almost no impact on its earnings, while it previously said the rule provided a one-time profit of $34.3 million.
When a book is sold to an actual library, the publisher makes a one-time profit.
While its group operating profit fell 17percentt in 2013 to €697 million, the decline was largely because of one-time profit in 2012 linked to asset sales.
Bank of America sold its shares in China Construction Bank to book a big one-time profit, but Ken Lewis heralded the results as "a testament to the value and breadth of the franchise".
G.E.'s results were also helped by a lower tax rate and a $514 million one-time profit from trading its stake in Cablevision for the Bravo cable network.
The airline earned a pretax profit of $145 million $236 millionon), up from $91 millionn a year earlier after excluding a one-time profit of $129 millionn recorded from the sale of a stake in U S Airways Group Inc.
In the sale of a vacation home, for instance, rather than realizing a one-time profit with a large capital-gain tax, the owner could finance the sale himself and thereby spread out the profit over the lifetime of the loan.
The result could be a one-time profit gain for your company plus the benefit of eliminating your unprofitable customers.
"There's no belief that the earnings results are anything other than accounting or one-time profits," Mr. Cass said.
