In the last decade, the Bush Administration, seeking a Trojan Horse to privatize Social Security in the United States, applauded Chile's disastrous privatization of pension accounts (turning many over to US financial institutions) even as that nation's voters rejected the Pinochetistas largely out of anger at the vast pension rip - off
by high finance.
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.
According to the Institute of International
Finance (IIF), global debt levels rose
by a further $ 21 trillion last year (US dollars), leaving total outstanding debt at $ US237 trillion, the
highest level on record.
With a new deal
by Canada's
finance ministers to expand the scope of the CPP,
higher earners will pay more to receive more in retirement
High tech manufacturing, healthcare and
finance were also highly ranked
by poll respondents.
After being deflected
by investors during a previous company's fundraise, they realized just how much race still plays a role in America — particularly in matters of
high finance.
«The total volume of small - business
financing increased
by 18 % over the same period last year, and reached the
highest level since Feb. 2008, its latest data show».
Much the year - end maneuvering noted
by the Rockefeller Institute involved the country's millionaires and billionaires rearranging their
finances to maximize the portion of their income that would be taxed in 2012, at lower rates, rather than in 2013, at potentially
higher rates.
Known
by some as the «Silicon Roundabout,» London has been making waves for its tech credentials of late, yet many of London's other industries from
high finance to
high fashion are equally
high flying.
In the past, Chadwick served as the
finance chief at a number of
high profile companies, including Skype leading up to its acquisition
by Microsoft (msft) in 2011, at McAfee leading up to its acquisition
by Intel (intc) that same year, and earlier at Cisco (csco).
Then, there are merchant cash advance providers that continue to capitalize on small businesses
by offering
financing at rates as
high as 60 to 80 percent on an annualized basis.
Conservative
finance critic Pierre Poilievre called the PBO's findings «damaging» for the government, citing the impact of larger deficits,
higher debt payments and a carbon tax that he says will erase at least $ 10 billion per year from the national economy
by 2022.
«Much of the welfare state concept was always an illusion, one
financed by lavish amounts of debt for which present and future taxpayers will pay in the form of
higher taxes and reduced services during their lifetimes,» writes University of Calgary lecturer Mark Milke in a recent article.
«Increased government spending, particularly more infrastructure investment
financed primarily
by higher taxes on the well - to - do, acts as an economic stimulant.»
When Grogan has made shifts, which have usually involved purchasing real estate or bond investments, she has
financed them either through new savings or
by selling stocks that have already yielded
high profits.
Sapin, whose tenure as
finance minister has been hampered
by high unemployment levels and poor economic growth, said that the French economy was now on a «sound footing» for the incoming government.
Although
high finance obviously has been shaped
by the Industrial Revolution's legacy of corporate
finance, institutional investment such as pension fund saving as part of the industrial wage contract, mutual funds, and globalization along «financialized» lines, financial managers have taken over industrial companies to create what Hyman Minsky has called «money manager capitalism.»
The result in the early 1980s when debt - leveraged buyouts really gained momentum was that financial investors were able to obtain twice as
high a return (at a 50 % corporate income tax rate)
by debt
financing as they could get
by equity
financing.
These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs
by failing to reach the tax - free pension funds, sovereign wealth funds and international investors who are the most plausible sources of incremental infrastructure
finance; (iii) not encourage at all the
highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv)
by offering credits at an unprecedented 82 percent rate, invite all kinds of tax shelter abuse.
«The fact the 10 - year is getting a magnetic pull towards 3 percent and going
higher is being driven
by better growth and the
higher inflation that comes with it, and all the debt that's needed to
finance the growth,» he said.
As a company continues to increase its debt over the amount stated
by the optimal capital structure, the cost to
finance the debt becomes
higher as the debt is now riskier to the lender.»
«Several consortiums led
by incumbents with
high market share have emerged to test proof - of - concept Blockchain technologies, particularly in international payments and securities clearing and settlement,» says Morgan Stanley's Global Head of Banks and Diversified
Finance Research Betsy Graseck.
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.
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.
Cutbacks in long - term investment also are the product of corporate raids
financed by high - interest junk bonds.
Until more details are provided
by the Department of
Finance and / or contained in the upcoming Public Accounts, it is difficult to assess what impact the
higher - than - expected deficit outcome for 2011 - 12 will have on the deficit outcome for 2012 - 13 and future years.
However, as these
higher expenses are
financed by employee - employer premium rates, employment insurance premiums are
higher than in the March 2011 Budget, especially in 2015 - 16.
These benefits would (i) largely go to developers and contractors for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs
by failing to reach the tax - free pension funds, sovereign wealth funds and international investors that are the most plausible sources of incremental infrastructure
finance; (iii) not encourage at all the
highest return maintenance projects like fixing potholes that do not yield a pecuniary return for investors; and (iv)
by offering credits at an unprecedented 82 per cent rate, invite all kinds of tax - shelter abuse.
Emerging companies While many
high yield bonds are issued
by former investment grade companies in decline, the
high yield market also provides
financing opportunities for emerging companies seeking working capital for expansion or to fund acquisitions.
The case advances as foreclosures remain near record
highs as a result of the 2008 financial crisis, which was set off
by a collapse in subprime real estate
financing.
It is wishful thinking to imagine that the most extreme economic, debt and investment bubble in history was corrected
by a mild economic downturn, a market decline that leaves stocks at 21 times peak earnings (
higher than at the 1929 and 1987 peaks), and just a few large - scale defaults from a corporate debt position which continues to claim a record share of operating earnings to
finance.
A reduction in income or consumption taxes,
financed by an increase in carbon taxes, would be a clear gain for the
higher income, lower carbon demographic.
In 2015 - 16, they forecast a surplus of $ 7.1 billion, $ 4.5 billion
higher than that forecast
by the Minister of
Finance.
The group incentive nature of employee stock ownership and profit sharing makes this an effective way to create and reinforce a sense of common purpose, and to encourage
higher commitment and productivity.23 It is also the case with ESOPs that the new ownership might not be viewed
by the firm in the same way as other added compensation because the ownership is
financed through loans to buy new capital as company stock, with Federal tax incentives, and the shares are not paid as normal wages and benefits out of company budget reserved for this purpose.
By raising numerous primary rounds of growth
financing and secondary rounds providing for the liquidity of certain stakeholders, the
highest performing technology startups are effectively «going public privately.»
The remainder of the
financing was completed
by high profile angel investors.
«Whereas companies routinely reward their shareholders with
higher dividends, no company in the history of
finance, going back as far as the Medicis, has rewarded its bondholders
by raising the interest rate on a bond.»
For instance, a big special dividend
financed by debt would still leave shareholders with a period of
high leverage and potential earnings volatility before they have as much in their pockets as the buyout price.
* The program: to be
financed through a portion of the royalties earned
by the government from
high gas prices.
Since the historic federal budget of 1991 presented
by then
Finance Minister Dr. Manmohan Singh that launched India on a path of reform and market orientation, Budget Day in India has been
high season for economic policy.
Through frequent marathons and
by being the sole US - focused analyst in Leveraged
Finance at RBC Capital Markets during the peak of the LBO boom, Steven has developed a
high pain tolerance, a pre-requisite for value investing.
According to the Federal Housing
Finance Agency (FHFA), the maximum conforming size for mortgage loans purchased
by Freddie Mac and Fannie will stay at current levels — except for in 39 «
high - cost» counties where they'll increase.
But instead of receiving the
higher rate like with LPMI, the home buyer pays for the buyout in cash, or
by financing it into the loan amount.
Investors are hungry for
high quality, multibillion - dollar debt deals, as shown
by Anheuser - Busch InBev
Finance Inc. of Belgium's success with two corporate bonds totaling more than $ 60 billion in 2016.
Canadians deserve a
finance minister who will challenge economic myths propagated
by financial elites who claim no alternatives exist to their
high - cost lending.
According to the Federal Housing
Finance Agency: «the maximum conforming loan limits for mortgages acquired
by Fannie Mae and Freddie Mac in 2016 will remain at existing levels, except in 39
high - cost counties where they will increase.»
No account taken of the concrete proposals for
financing higher education
by Quà © bec solidaire or the CLASSE, and no questioning of the ideology of «competitiveness.»
The notorious debt - to - income ratio, at a record
high, has been cited time and again
by Finance Minister Flaherty and Carney as a sign consumers have taken on too much debt.
In 2015 - 16, there was an exceptionally large end - of - year accrual adjustment, which the Department of
Finance attributable to aggressive tax planning
by high - income earners in advance of the introduction of a new
high - income tax bracket for taxation year 2016.