Just
as changes in the rate of air temperature change over multi several year periods could be due to internal variability, even cessations (* which over a ten year plus period we haven't even seen) or drops in them (which we haven't seen) it's not likely.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build
rates of certain aircraft; 6) the effect on aircraft demand and build
rates of
changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any
changes therein, including fluctuations
in foreign currency exchange
rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount
rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of
changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and
changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such
changes; 21) any reduction
in our credit
ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest
rates increase substantially; 27) the effectiveness of any interest
rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse
changes to business relationships and other business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange
rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
In one, scholars were asked to read and
rate research papers; unbeknown to them, the names had been
changed to
change the gender of the authors, and the scholars
rated the papers «written» by men
as better than the ones that appeared to be authored by women.
As for «peak earnings,» Michael Wilson, chief U.S. equity strategist and CIO of Morgan Stanley Wealth Management, said
in a note to clients on Sunday that» [W] e think the market is digesting the fact that the tax cut last year has created a lower quality increase
in US earnings growth that almost guarantees a peak
rate of
change by 3Q.»
Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current and future exploration activities; the actual results of reclamation activities; conclusions of economic evaluations; meeting various expected cost estimates;
changes in project parameters and / or economic assessments
as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery
rates; the risk that actual costs may exceed estimated costs; failure of plant, equipment or processes to operate
as anticipated; accidents, labour disputes and other risks of the mining industry; political instability; delays
in obtaining governmental approvals or financing or
in the completion of development or construction activities,
as well
as those factors discussed
in the section entitled «Risk Factors»
in the Company's Annual Information Form for the year ended December 31, 2017 dated March 15, 2018.
Among those that Moody's
rates, there were nine defaults
in the first quarter, an «all - time high,»
as Moody's put it, «reflecting the fallout of
changing consumer behavior and advancing e-commerce for traditional brick - and - mortar retail.»
«When you
change your trading relationship and population movements with the world, it has to
change everything from the cost and supply of labour, the cost of good (exchange
rate), the availability of market access (
in and out), government finances (fiscal policy) or
as we know very well monetary policy.
«
In some of our markets the reality is that we haven't been
changing at the same
rate as customers» eating - out expectations — or more specifically, their expectations of us at McDonald's,» he said on the call.
The 30 - day Fed Fund futures can be used
as a guide to predict when the Fed might increase interest
rates since the prices are an expression of trader's views on the likelihood of
changes in U.S. monetary policy.
Lesetja Kganyago of the South African Reserve Bank says the country's sovereign
rating and monetary indicators such
as the rand have all benefited from the
change in political leadership.
The FCC had issued a report
in January saying AT&T's and Verizon's practices, known
as «zero
rating,» were likely anti-consumer, but that did not require them to
change what they were doing.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins operate
in the U.S. and globally and any
changes therein, including financial market conditions, fluctuations
in commodity prices, interest
rates and foreign currency exchange
rates, levels of end market demand
in construction and
in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges
in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including
in connection with the proposed acquisition of Rockwell; (7) delays and disruption
in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational
changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of
changes in political conditions
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate, including the effect of
changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange
rates in the near term and beyond; (16) the effect of
changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to
as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation of their businesses while the merger agreement is
in effect; (21) risks relating to the value of the United Technologies» shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Cash: Cash
rates started out 2011 at intergenerational lows, and there were no
changes in administered
rates, such
as the target overnight bank
rate, to give them any kind of a boost, so they remained low throughout.
CHANGE AT THE FED: Investors have generally expected a smooth transition from Janet Yellen to Jerome Powell
as Fed chair, with little difference
in approach to
rate policy.
The New York Times spoke to a number of experts on the topic, who cited social
changes — such
as higher divorce
rates — and the economic downturn
as possible reasons for the increase
in suicide
rates overall.
As such,
changes in fair value are recognized
in income, including fluctuations due to the exchange
rate between the New Taiwan Dollar and the United States Dollar.
The group that oversees video - game
ratings in North America just announced a huge
change that impacts all games, and the future of the industry
as a whole.
As someone who teaches and advises
in the field and has an obligation to keep current with emerging developments, given the significant
rate of
change in the last ten years, I could not imagine how a director of a company could remain current without ongoing requirements rather than passing familiarity or osmosis (I am speaking here of directors who have chosen not to upgrade their education).
In Belgium, for instance, homeowners can get an «accordion» adjustable -
rate mortgage:
as the interest
rate changes, monthly payments remain fixed but the length of the mortgage
changes.
This data shouldn't
change the Fed's interest -
rate strategy,
as a rising labor force participation
rate will put a lid on inflation regardless of how it's done, but it should lower our confidence that the Fed can solve the problem of a bifurcated workforce,
in which a large chunk of workers are getting left behind, simply through interest
rate policy.
The overall youth unemployment
rate was 12 per cent, little
changed from previous jobs reports,
as more young people participated
in the labour market.
Chinese dairy production and consumption has soared
in the past three decades, averaging a 12.8 % annual growth
rate since 2000
as a result of
changing diet trends that are shifting more toward Western foods, according to a report by the Institute of Agriculture and Trade Policy.
Back then the annual
change in the Consumer Price Index soared above 10 % —
as did mortgage
rates.
Yandex's Russian operating subsidiaries» functional currency is the Russian ruble, and therefore
changes due to exchange
rate fluctuations
in the ruble value of these subsidiaries» monetary assets and liabilities that are denominated
in other currencies are recognized
as foreign exchange gains or losses within the Other loss, net line
in the condensed consolidated statements of income.
Moody's credit
rating agency
changed Ontario's debt
rating in July to negative from stable, citing concerns about the province's ability to eliminate the deficit
as scheduled.
Part V,
as amended, requires that prior to an extension of credit, the plan must receive from the fiduciary written disclosure of (i) the
rate of interest (or other fees) that will apply and (ii) the method of determining the balance upon which interest will be charged
in the event that the fiduciary extends credit to avoid a failed purchase or sale of securities,
as well
as prior written disclosure of any
changes to these terms.
Changes in the target for the overnight
rate influence other interest
rates, such
as those for consumer loans and mortgages.
A variable APR usually
changes with the prime
rate,
as published
in the Wall Street Journal.
The reason fairness would require that this ratio be equal to one is that,
as argued by the Italian economist Luigi Pasinetti
in his 1981 book, Structural
Change and Economic Growth: A Theoretical Essay on the Dynamics of the Wealth of Nations, a fair interest
rate is such that the purchasing power of one hour of labour stays constant through time even when its monetary equivalent is lent or borrowed.
As a result, there can be no assurance that a significant
change in market interest
rates will not have a material adverse effect on our net investment income.
In other words,
as the lenders cost of funds
changes, so does the interest
rate you pay — going either up or down.
In addition to long - duration Treasuries, these classic «safe havens» include high - yielding defensive equities like utilities, as well as precious metals, both of which are sensitive to changes in real interest rate
In addition to long - duration Treasuries, these classic «safe havens» include high - yielding defensive equities like utilities,
as well
as precious metals, both of which are sensitive to
changes in real interest rate
in real interest
rates.
A number of operational features were required to implement such an overnight reverse repo, or ON RRP, facility: It would need same - day settlement; 16 the operation would need to be run predictably, every day, and
as late
in the day
as possible, to give lenders time to bargain with other counterparties using the outside option of investing with the Federal Reserve; 17 an appropriate spread below IOR would be required to ensure that the facility neither induced large
changes in the structure of money markets nor lost the ability to support interest
rate control; 18 and the operations would need enough unused capacity that lenders could credibly propose to leave borrowers that did not offer an adequate interest
rate.19
The NAV (net asset value) of a bond fund will move up or down based on a number of factors such
as changes in interest
rates, credit quality, and currency values (for international bonds) for the different bond holdings
in the fund.
The Federal Reserve has lowered short - term interest
rates by 100 basis points
in a month — an action they describe
as a «rapid and forceful response» of monetary policy both to the
changing circumstances and the
changing behaviour of the US economy.
-- > The value of investing
in relationships for the long - haul — > Investing
in your health and longevity
as a way to increase your lifetime earnings — > Why longer life expectancies should
change the way you think about investing — > The shockingly low
rate of personal savings and investment
in the US — > My favorite part of the interview: whether we can reasonably expect the US markets to keep going up at their long - term average 7 % per year after inflation, or whether that was a unique period of US expansion which won't be repeated again.
Several factors may cause this, such
as variances between processor programs and
changes in tax
rates.
Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high - purity silicon; demand for end - use products by consumers and inventory levels of such products
in the supply chain;
changes in demand from significant customers;
changes in demand from major markets such
as Japan, the U.S., India and China;
changes in customer order patterns;
changes in product mix; capacity utilization; level of competition; pricing pressure and declines
in average selling prices; delays
in new product introduction; delays
in utility - scale project approval process; delays
in utility - scale project construction; delays
in the completion of project sales; continued success
in technological innovations and delivery of products with the features customers demand; shortage
in supply of materials or capacity requirements; availability of financing; exchange
rate fluctuations; litigation and other risks
as described
in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high - purity silicon; demand for end - use products by consumers and inventory levels of such products
in the supply chain;
changes in demand from significant customers;
changes in demand from major markets such
as Japan, the U.S., India and China;
changes in customer order patterns;
changes in product mix; capacity utilization; level of competition; pricing pressure and declines
in average selling prices; delays
in new product introduction; delays
in utility - scale project approval process; delays
in utility - scale project construction; continued success
in technological innovations and delivery of products with the features customers demand; shortage
in supply of materials or capacity requirements; availability of financing; exchange
rate fluctuations; litigation and other risks
as described
in the Company's SEC filings, including its annual report on Form 20 - F filed on April 20, 2016.
Under the new methodology, market makers who submit contributing prices for the reference
rate have to consider the previous day's close, foreign - exchange demand and supply,
as well
as changes in major currency
rates.
We believe a step - up
in risk aversion has led to a structural rise
in precautionary savings, further dragging down bond yields across the curve — a trend that won't quickly
change,
as we write
in our Global macro outlook The safety premium driving low
rates.
Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high - purity silicon; demand for end - use products by consumers and inventory levels of such products
in the supply chain;
changes in demand from significant customers;
changes in demand from major markets such
as Japan, the U.S., India and China;
changes in customer order patterns;
changes in product mix; capacity utilization; level of competition; pricing pressure and declines
in average selling prices; delays
in new product introduction; delays
in utility - scale project approval process; delays
in utility - scale project construction; cancelation of utility - scale feed -
in - tariff contracts
in Japan; continued success
in technological innovations and delivery of products with the features customers demand; shortage
in supply of materials or capacity requirements; availability of financing; exchange
rate fluctuations; litigation and other risks
as described
in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
A bond fund with a longer average maturity will see its net asset value (NAV) react more dramatically to
changes in interest
rates as the prices of the underlying bonds
in the portfolio increase or decline.
IMF estimates of annual growth
rate of world real GDP (
in red, right scale) and year - over-year percent
change in commodity prices
as measured by the quarterly average CRB / BLS raw industrials price index (
in green, left scale).
Past achievements include building the case for deficit reduction
in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans
in the late 1990s, a series of shadow federal budgets and fiscal accountability reports
in that began
in the 2000s, and work on marginal effective tax
rates on personal incomes and business investment, which has laid the foundation for such key
changes as sales tax reform, elimination of capital taxes, and corporate income tax
rate reductions.
We are seeking to require prior consent and approval of any
changes made to the LIBOR or reference benchmark
rate in the final credit agreement
as a condition of investing.
Although these studies were done
in the early 1990s, they appear applicable today
as there has been little
change to the EI
rate - setting process since then.
The corridor shifts
in line with
changes in the cash
rate target,
as do the incentives for trading within that range.
As described
in our public filings,
changes in our ROI often are attributed to foreign currency exchange
rate fluctuations and continued
The relatively fixed exchange
rate remained a weak point
in the monetary control process,
as attempts by the Reserve Bank to
change monetary conditions were significantly offset by private capital flows.