Not exact matches
Against this improving fundamental backdrop, a geopolitically driven
supply disruption will now have a much more outsized influence, and price spikes can no longer be dismissed
as things of the past.
SINGAPORE, April 26 - Oil prices rose on Thursday, lifted by concerns over
supply disruptions in Venezuela and the Middle East
as well
as by strong demand.
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.
That means there's a new higher floor under oil prices
as the peak summer demand season approaches, and it also makes the market vulnerable to a «super spike» if there's any significant
supply disruption.
The company's first - quarter results were hit by higher costs due to
disruptions with its
suppliers even
as it races to meet record demand from top customer Boeing Co..
Wichita, Kansas - based Spirit makes some 70 percent of the structure of the 737, the world's most - sold commercial plane, but has faced
disruptions this year in its own
supply chain
as parts makers scrambled to meet soaring demand.
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.
And
as the Bank of Canada noted in its policy statement, prices are higher in part because of
supply disruptions, including the Alberta oil sands.
SINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over
supply disruptions in Venezuela and the Middle East
as well
as by strong demand.
As many of Apple's products are assembled in China, this move could cause disruptions to the supply chain and could spur other penalties such as boycott
As many of Apple's products are assembled in China, this move could cause
disruptions to the
supply chain and could spur other penalties such
as boycott
as boycotts.
OPEC oil output rose slightly in October, keeping the global market well
supplied,
as additional exports from Iraq, Angola and Libya offset
disruptions in Nigeria and a further decline in Iran to its lowest in two decades, a Reuters survey found on Wednesday.
Add in all the perks of producing at home — such
as eliminating exchange rate uncertainty, lower chances of
supply chain
disruptions, a more plentiful
supply of qualified labour and the synergies that develop when the R&D guys can easily chat with factory floor employees — and the overall costs of building a new factory in the U.S. or China are roughly equal.
Brent, the ocean - going tanker standard, shot up to US$ 116 on fears of
supply disruptions, even
as West Texas Intermediate (WTI), the North American benchmark, had not yet crossed the $ 100 threshold.
«If the geopolitical tension subsides or results in a smaller
supply disruption than currently priced in, we are likely to see a sharp pull - back in investor positioning and an even sharper correction in oil prices than the $ 5 or so that might be warranted even
as macro uncertainties persist,» U.S. bank Citi said in a note to investors.
For example, the expected timing and likelihood of completion of the proposed merger, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed merger that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement, the possibility that Kraft shareholders may not approve the merger agreement, the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to
disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Kraft's common stock, and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Kraft and Heinz to retain customers and retain and hire key personnel and maintain relationships with their
suppliers and customers and on their operating results and businesses generally, problems may arise in successfully integrating the businesses of the companies, which may result in the combined company not operating
as effectively and efficiently
as expected, the combined company may be unable to achieve cost - cutting synergies or it may take longer than expected to achieve those synergies, and other factors.
As a result, political instability, labor strikes, natural disasters or other events resulting in the
disruption of trade or transportation from other countries or the imposition of additional regulations relating to duties upon imports could cause significant delays or interruptions in the
supply of our merchandise or increase our costs, either of which could have an adverse effect on our business.
It should be noted, however, that many market watchers view the
supply disruptions as temporary.
Those price differences have widened in recent months due to
supply disruptions that pushed the price of steelmaking coal up over $ 300 per ton even
as thermal coal prices where Alliance produces have remained around $ 50 per ton.
Akorn was burdened last year by
supply disruptions and competition for a range of products, such
as ephedrine injections for low blood pressure under anesthesia and lidocaine anesthetic ointment.
As investment bank Jefferies explained in a note, «unexpected
disruptions» — including undercapitalization of mines and the risk of labor strikes at Chile's Escondida, the world's largest copper mine — will likely add to
supply constraints.
So this is not the same
as the OPEC shocks of the mid and late 1970s, when large
supply disruptions pushed prices higher and slowed global growth.
The price of domestic crude climbing to a three - year high
as tensions rise in the Middle East, feeding concerns over potential
supply disruptions in the region.
Suppliers and assemblers in China are rushing to churn out
as many new iPhones
as possible ahead of the key holiday season, so any
disruptions would likely be costly.
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network
disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on
suppliers of functional components for its products and risks relating to its
supply chain; BlackBerry's ability to obtain rights to use software or components
supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks
as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
It logged a third week of gains, up by 0.5 %, bolstered by geopolitical tension in the Middle East and concerns about
supply disruptions in key oil - producing nations, such
as Venezuela.
In contrast, export volumes decreased over this period, despite strong global demand,
as capacity and infrastructure constraints and
supply disruptions restricted growth; such
supply - side factors have hampered exports for a number of years, with resource export volumes now lower than during 2000 (see the chapter entitled «Australia's Resource Exports — Recent Trends and Prospects» in this Statement).
In addition, nickel prices have fallen in recent months,
as earlier
disruptions to
supply have been resolved, but remain high
as a result of buoyant demand and low inventories.
* Market expects U.S. to re-impose sanctions against Iran * Plunging Venezuelan output further tightens markets * But soaring U.S. crude production holds back marketBy Henning GloysteinSINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over
supply disruptions in Venezuela and theMiddle East
as well
as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.U.S.
The key economic numbers in the country that have been announced so far this month include the IHS Markit manufacturing PMI, which slipped to 55.9 in September from 56.7 in August,
as growth in new orders and output led to rising commodity prices and
disruptions in
supply chains.
Oil prices fell on Friday
as investors cashed out big weekly profits after a rally driven by
disruptions to crude
supplies and Wall Street's gains from U.S. economic data.
Oil has been supported by the perception among investors that tensions in the Middle East could lead to
supply disruptions, including renewed US sanctions against Iran,
as well
as falling output in crisis - hit Venezuela.
Political strife between Ukraine and Russia means there is a risk of
disruption, or a complete halt, of Russian LPG
supplies as has happened with natural gas in the past, traders say.
Crude futures spiked to more than three - year highs on Thursday
as the possibility of
supply disruptions lifted the market.
In the aftermath,
as many
as a third of US oil refineries, many of which are located in the area around Houston, were estimated to have been impacted by flooding or
supply disruptions.
There is a debate between those who believe that the OIL
supply disruption is inflationary
as energy prices create a rising price environment and those who believe that high energy prices are a tremendous drag on economic growth.
Such an increase in concentration could cause
supply problems for processors, especially
as the region is known for its political problems, which in the past have caused
disruptions.
As pea - protein
suppliers are able to improve the taste of their products, they may also be spurring more
disruption in the industry.
23 May 2016 — Campbell Soup said it was «unsatisfied» with its third quarter results, citing below par US soup sales, «challenges» for its vegetable juice brand, and a
disruption to its carrot
supply,
as undermining its performance.
This may also cause a
disruption in milk
supply as nipple confused babies have trouble expressing milk properly.
«To avoid the kind of long - term economic
disruption we are now facing, Government, engineers and the entire
supply chain need to work together to make the infrastructure
as a whole more resilient — and adapt it to cope with the anticipated increase in flooding
as result of climate change.
Utilities can substantially reduce their
disruption costs,
as well
as social costs, by continuing to
supply at least a small amount of electricity to serve HP demands during outages.
The strategy identified five rare earth metals (dysprosium, neodymium, terbium, europium, and yttrium)
as well
as indium
as «most critical in the short term,»
as measured by their importance to clean - energy technologies and the risk of
supply disruption.
As a result, our economy and national security remain susceptible to
supply disruptions.
In the 2015/16 academic year, schools spent an eye - watering # 821 million with recruitment agencies, hoping to find
supply teachers who would ensure that pupils had
as little
disruption to their learning
as possible.
Inflation picked up earlier in the year, mainly reflecting higher prices for some commodities and imported goods,
as well
as the
supply chain
disruptions.
Inflation has picked up in recent months, mainly reflecting higher prices for some commodities and imported goods,
as well
as the recent
supply chain
disruptions.
Temporary factors, including the damping effect of higher food and energy prices on consumer purchasing power and spending
as well
as supply chain
disruptions associated with the tragic events in Japan, appear to account for only some of the recent weakness in economic activity.
Household spending has been increasing at only a modest pace in recent months despite some recovery in sales of motor vehicles
as supply - chain
disruptions eased.
Disruption in Global oil
supply also influences the interest rates —
as an example.
An IEA collective action would be initiated in response to a significant global oil
supply disruption and would involve IEA Member Countries making additional volumes of crude and / or product available to the global market (either through increasing
supply or reducing demand), with each country's share based on national consumption
as part of the IEA total oil consumption.