Tobacco settlement bonds tracked by the S&P Municipal Bond Tobacco Index are down nearly 9 % year to date as yields have risen by over 255bps
as the credit risk of these long duration bonds is questioned.
Rental prices across the U.S. increased in 2013, even
as the credit risk of residents in those properties improved, according to the latest TransUnion Rental Screening Solutions industry report.
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.
«Given (new CEO Christian Sewing's) background in
credit risk and commercial banking it could be seen
as a signal
of a move from investment banking,» Colin McLean, managing director at SVM Asset Management, told CNBC in an email.
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.
«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number
of friends; the investment was a
credit facility secured by a portfolio
of assets owned by one
of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically
risk - free,
as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one
of the Fake Fund Accounts.
Typically, these businesses describe their loans
as faster and more readily available to customers than bank loans, because they leverage technology to evaluate
risk on a number
of factors,
as opposed to relying solely on
credit scores.
We can all agree that Fannie and Freddie
as business models were seriously flawed — private companies with a public charter, poor incentives for management, excess leverage for their book
of credit risk, and so forth — and they are rightly being effigized for it.
More from Balancing Priorities: What to do with your bond portfolio
as Fed rates rise
Credit scores are set to rise Don't make these money mistakes when you're just starting out «There is no sense in bearing the
risk of an adjustable rate when you can lock in a fixed rate at essentially the same level,» he said.
Clearing houses manage
credit risk, acting
as a middle - man in swaps and derivatives trades to guarantee the contract in the event that one
of the parties involved goes bust.
The fresh numbers come
as an international financial group owned by the world's central banks says Canada's
credit - to - gross - domestic - product and debt - service ratios show early warning signs
of potential
risk to the banking system in the coming years.
Although the retailers have been negotiating with bond holders, who have accepted significant discounts and offered longer terms, the basic financials are enough for Moody's to rate 13.5 percent
of the retailers it follows
as a Ca or Caa
credit risk.
Moody's rates the debt
of 19 retailers, or 13.5 %
of the retailers it covers,
as «speculative,
of poor standing and subject to very high
credit risk» or worse.
You authorize LinkOffers, Inc. to obtain such information solely to confirm your identity and
as long
as you are a member
of this website, provide you with
credit information, a
risk score, educational materials, and recommendations for
credit or other service options.
As a result, it is now clear that the U.S. is in the latter stages of the multi-year credit cycle, a period when rising corporate leverage negatively affects returns to corporate debt as investors demand higher risk premiums to compensate for the greater volatility created by increased leverag
As a result, it is now clear that the U.S. is in the latter stages
of the multi-year
credit cycle, a period when rising corporate leverage negatively affects returns to corporate debt
as investors demand higher risk premiums to compensate for the greater volatility created by increased leverag
as investors demand higher
risk premiums to compensate for the greater volatility created by increased leverage.
While junk bonds may not represent a systemic
risk as credit derivatives did during the financial crisis, they can be one
of the more effective leading economic indicators.
Tier 1 assets are composed
of common stock (and also potentially preferred stock) and retained earnings, expressed
as a percentage
of its total
risk weighted assets (being total assets but weighted by their respective
credit risk).
You're still dealing with all
of the same bond
risks as every other investor when you buy individual bonds — interest rate
risk,
credit risk, inflation
risk, duration
risk, default
risk, etc..
After visiting the capital city
of Bamako last fall
as part
of the IMF's ongoing review
of its
credit program there, Boriana Yontcheva, the leader
of the IMF team, said in a prepared release that «the macroeconomic outlook remains broadly positive, but the economy faces increasing downside
risks going forward, notably due to the volatile security situation.»
Credit spreads will increase for all sorts
of corporates
as the number
of distressed corporates will increase and
risk aversion will be higher.
As a general rule, banks prefer to see borrowers with personal credit scores over 680, they like to see a good number of years in business, and generally don't like to lend to restaurants (they perceive them as higher risk
As a general rule, banks prefer to see borrowers with personal
credit scores over 680, they like to see a good number
of years in business, and generally don't like to lend to restaurants (they perceive them
as higher risk
as higher
risk).
Investors should monitor current events,
as well
as the ratio
of national debt to gross domestic product, Treasury yields,
credit ratings, and the weaknesses
of the dollar for signs that default
risk may be rising.
To be sure, blockchain may enable incumbents such
as JPMorgan Chase, Citigroup, and
Credit Suisse, all
of which are currently investing in the technology, to do more with less, streamline their businesses, and reduce
risk in the process.
Consequently, dispensaries that allow
credit card purchases may have represented themselves
as something else, like a consultant or garden shop, to obtain a bank account, said Mark Oury, general manager
of Guardian Data Systems,
of Vancouver, Washington, a merchant services provider for high -
risk businesses.
As a result, we believe
credit offers less upside than equities on a
risk - adjusted basis if our scenario
of sustained global expansion pans out.
Backers
of the petro could be viewed
as extending a line
of credit to the Venezuelan government, said a spokesperson who went on to state, «The Venezuelan petro currency could therefore expose US persons to legal
risk.»
Fixed income investments entail interest rate
risk (
as interest rates rise bond prices usually fall), the
risk of issuer default, issuer
credit risk and inflation
risk.
if required or permitted by law, including
as necessary to comply with the law, to protect the rights or safety
of our website, other users, or third parties (e.g., for fraud protection and
credit risk reduction purposes; for protecting and defending the rights or property
of Vision Critical, its customers, other users, or members
of the public), or
Mr. Toscano's primary responsibilities are the valuations
of Cerberus» mortgage - backed securities and structured
credit product
as well
as managing Cerberus» daily liquidity
risk.
If you want to test my theory, have your spouse, or parent add you
as an A.U. on a couple
of their cards without even giving you the physical card (to avoid
risk if they worry about abuse) watch your scores go through the statosphere if the balances are low because it increases your presumed available amount
of credit and expands your ratio
of credit vs balances
As a result, many
of the institutions and instruments have been able to employ higher market,
credit and liquidity
risks, and do not have capital requirements commensurate with those
risks.
We still see a role for
credit in bond portfolios but, overall, prefer to take economic
risk in equities,
as reflected in our recent downgrade
of U.S.
credit.
In a bit
of a surprise, he said he is not
as yet convinced the recent cooling in housing activity in Canada, and slowdown in
credit accumulation, represents a fundamental shift, indicating he remains concerned about the downside
risk of keeping rates low for a very long time.
Its Wholesale Banking segment offers commercial loans and lines
of credit, letters
of credit, asset - based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed - income sales, commodity and equity
risk management, corporate trust fiduciary and agency, and investment banking services,
as well
as online / electronic products.
While I continue to believe that the dollar faces substantial
risk of further erosion in its exchange value,
as well
as a near doubling
of the CPI over the coming decade or so (both reflecting the massive increase in U.S. government liabilities in recent years), those prospects are not likely to emerge until
risk - aversion about
credit default materially abates.
As a result, you run the
risk of destroying your
credit if you can't make payment.
Foreign investments are subject to greater investment
risk such
as political, economic,
credit and information
risks as well
as risk of currency fluctuations.
Though the Near - Term Tax Free Fund seeks minimal fluctuations in share price, it is subject to the
risk that the
credit quality
of a portfolio holding could decline,
as well
as risk related to changes in the economic conditions
of a state, region or issuer.
Cryptocurrency trading is safe, with no
risk of identity theft
as with
credit card use.
China's bank loans
as a share
of funding in the economy may have fallen to a record low, highlighting the growth
of alternative financing channels that have prompted warnings
of rising
credit risks.
Further mortgage writedowns, defaults and increased
credit difficulties remain a concern,
as does commodity price weakness (not necessarily immediate, but soon enough) and the prospect
of earnings
risk and layoffs driven by cost reductions.
As our business expands, we may offer credit to our partners to stay competitive, and as a result we may be exposed to credit risk of some of our partners, which may seriously harm our busines
As our business expands, we may offer
credit to our partners to stay competitive, and
as a result we may be exposed to credit risk of some of our partners, which may seriously harm our busines
as a result we may be exposed to
credit risk of some
of our partners, which may seriously harm our business.
Valuations are the primary driver
of long - term returns, and the
risk - preferences
of investors —
as conveyed by the uniformity or divergence
of market action across a broad range
of individual stocks, industries, sectors and security types (including
credit)-- drive returns over shorter portions
of the market cycle.
Furthermore, the
risk profile
of cryptocurrency consumers
as a whole might also give pause to major
credit card companies.
That's because many
of the benefits
of bond ladders — such
as an income plan and managing interest rate and
credit risk — are based on the idea that you keep your bonds in your portfolio until they mature.
Credit risk High yield bonds are subject to credit risk, which increases as the creditworthiness of the issuer
Credit risk High yield bonds are subject to
credit risk, which increases as the creditworthiness of the issuer
credit risk, which increases
as the creditworthiness
of the issuer falls.
Worst
of all, many lenders will use a small business owner's personal
credit risk as a symbol
of the business's
risk.
The firm singled out
credit as the largest
risk, although it said there are some signs
of encouragement recently.
YOU SHALL NOT USE THE SERVICES
AS A FACTOR IN (1) ESTABLISHING AN INDIVIDUAL»S ELIGIBILITY FOR PERSONAL
CREDIT OR INSURANCE OR ASSESSING
RISKS ASSOCIATED WITH EXISTING CONSUMER
CREDIT OBLIGATIONS, (2) EVALUATING AN INDIVIDUAL FOR EMPLOYMENT, PROMOTION, REASSIGNMENT OR RETENTION (INCLUDING BUT NOT LIMITED TO EMPLOYMENT
OF HOUSEHOLD WORKERS SUCH
AS BABYSITTERS, CLEANING PERSONNEL, NANNIES, CONTRACTORS, AND OTHER INDIVIDUALS), OR (3) ANY OTHER PERSONAL BUSINESS TRANSACTION WITH ANOTHER INDIVIDUAL (INCLUDING, BUT NOT LIMITED TO, LEASING AN APARTMENT).
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited
credit histories with high - interest rate debt that they could not repay; (ii) many
of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood
of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number
of its non-performing loans in the Registration Statement and Prospectus; (vi) because
of the Company's improper lending, underwriting and collection practices it was subject to a heightened
risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed
risks of penalties and financial and reputational harm; and (x)
as a result
of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.