Not exact matches
At the March 20 - 21 meeting, the Federal Open Market Committee voted to raise its benchmark
interest rate by 25 basis points to a range of 1.50 % to 1.75 %,
as had been widely expected.
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.
As with JP Morgan Chase (jpm) on Friday, its revenue rose sharply as it was able to pass on to customers two interest rate increases by the Federal Reserv
As with JP Morgan Chase (jpm) on Friday, its revenue rose sharply
as it was able to pass on to customers two interest rate increases by the Federal Reserv
as it was able to pass on to customers two
interest rate increases
by the Federal Reserve.
As much as Australia might benefit from a cut in official interest rates, it would definitely benefit from encouraging a new industry, such as the nuclear - fuel processing facility being championed by the South Australian government, and supported by Prime Minister Malcolm Turnbul
As much
as Australia might benefit from a cut in official interest rates, it would definitely benefit from encouraging a new industry, such as the nuclear - fuel processing facility being championed by the South Australian government, and supported by Prime Minister Malcolm Turnbul
as Australia might benefit from a cut in official
interest rates, it would definitely benefit from encouraging a new industry, such
as the nuclear - fuel processing facility being championed by the South Australian government, and supported by Prime Minister Malcolm Turnbul
as the nuclear - fuel processing facility being championed
by the South Australian government, and supported
by Prime Minister Malcolm Turnbull.
«
As it should be accompanied
by rising
interest rates, the inflation uncertainty appears limited.
As Poloz indicated in Toronto, if something went terribly wrong tomorrow, he could cut the benchmark interest rate by a full percentage point before trying something else, such as creating money to purchase bond
As Poloz indicated in Toronto, if something went terribly wrong tomorrow, he could cut the benchmark
interest rate by a full percentage point before trying something else, such
as creating money to purchase bond
as creating money to purchase bonds.
To tweak
interest rates, the Fed adjusted the federal funds
rate, also known
as the interbank lending
rate, which is used
by financial institutions to set the prime
rate, or the base
rate upon which other
interest rates are set.
Record - low
interest rates,
as set
by the Fed in recent years, have squeezed bank margins.
Some still advocate sticking to a policy of nudging down
interest rates further, such
as by scrapping a 0.1 percent floor set on money market
rates.
Some in the Canadian banking establishment regarded its generous
interest rates on deposits — they began at 4 %, at least double that offered
by Canada's dominant Big Six banks —
as risible folly.
It achieves that
by raising or lowering its policy
interest rate, which influences other
interest rates such
as what you'll pay on your mortgage or auto loan, and the return you'll get on the balance in your savings account.
But when
rates are already rock - bottom,
as they are in much of the world right now, central banks can still influence
interest rates by manipulating the money supply.
«There is an immediate expectation that
as interest rates go up, investors can find greater return on capital
by investing it in lower - risk portfolios.»
Australian shares were down 0.6 % after the Reserve Bank of Australia's policy board decided to cut its benchmark
interest rate by 25 basis points to an all - time low of 1.50 %,
as expected.
That debate takes place internally at the central bank, where contrasting views are regularly articulated
by members of the Federal Open Market Committee (FOMC)
as our Federal Reserve (Fed) policymakers attempt to steer monetary policy with regard to
interest rates.
The country has been hit particularly hard
by fund outflows
as it's seen
as vulnerable to an expected U.S. Federal Reserve
interest rate increase.
This is particularly significant in the context of the labor market, considering that inflation — and,
by extension, wage inflation — is arguably the most important input for the Federal Reserve
as it decides how quickly to raise
interest rates.
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.
But the economic outlook is clouded
by rising trade tensions,
as well
as late - cycle increases in
interest rates in the United States and the other major economies.
That said, this is No. 10 on our «get» list, because the
interest rate on student debt isn't
as onerous
as personal credit card debt, but we do find it a bit depressing that our list is bookended
by debt!
Stocks fell across the board Wednesday
as the year's final fiscal quarter opened to a market sell - off spurred
by concerns over mounting global crises, including the first domestic case of Ebola,
as well
as the looming possibility of an
interest rate hike.
If you do that, you're in a position of power and can get banks to compete for your business
by reducing application fees, draw fees and unused line fees,
as well
as the
interest rate.
Gundlach has been critical of negative
interest rate policies used
by central banks outside of the US such
as the Bank of Japan and the European Central Bank.
The existential threat facing automakers is compounded
by investor fears that the automakers» recent boom is
as short - lived
as today's low
interest rates and cheap gas prices.
Deutsche Bank economists predict the curve will invert in 2019
as the Fed keeps raising
interest rates by a quarter percentage point every quarter,
as markets expect.
LONDON, Oct 3 - Key Euribor and Libor bank - to - bank
rates hit fresh record lows on Wednesday,
as the huge volume of cash pumped into the banking system
by the European Central Bank and the prospect of further cuts in its
interest rates extended a year - long slide.
Stocks are falling
as traders worry about rising
interest rates, and volatility
as measured
by the VIX has jumped to its highest since the market turmoil of August 2015.
LONDON, Oct 3 (Reuters)- Key Euribor and Libor bank - to - bank
rates hit fresh record lows on Wednesday,
as the huge volume of cash pumped into the banking system
by the European Central Bank and the prospect of further cuts in its
interest rates extended a year - long slide.
LONDON, Oct 3 - Key Euribor bank - to - bank lending
rates hit fresh record lows on Wednesday,
as the huge volume of cash pumped into the banking system
by the European Central Bank and the prospect of further cuts in its
interest rates extended a year - long slide.
«If there are any negative effects of low
rates on net
interest income in the future, they should be largely offset
by the positive effects of monetary stimulus on the other main components of profitability, such
as the quality of loans and therefore on loan - loss provisions,» Draghi added.
But if you have a private loan, those loans may be fixed or have a variable
rate tied to the Libor, prime or T - bill
rates — which means that
as the Fed raises
rates, borrowers will likely pay more in
interest, although how much more will vary
by the benchmark.
By late summer 2014, with
interest rates having declined further, it appeared that no further debt relief would have been needed under the November 2012 framework, if the program were to have been implemented
as agreed.
Update: Symphony,
as of Wednesday, is under investigation
by the New York State Department of Financial Services for offering services similar to those that were used in previous schemes involving
interest rate and foreign exchange
interest rate manipulation.
Lost in that noise is a potentially more significant development that surfaced in March: Canada's largest bank has been named
as a defendant
by U.S. mortgage giant Freddie Mac for alleged manipulation of LIBOR, the London Interbank Offered
Rate, an interest rate benchmark off which international banks lend among themsel
Rate, an
interest rate benchmark off which international banks lend among themsel
rate benchmark off which international banks lend among themselves.
«Normally when you get to this part of the cycle, where the disparity in valuations between growth stocks and value stocks is
as wide
as it is today, accompanied
by rising
interesting rates, normally there's a shift where value comes in favor,» he says.
«Normally when you get to this part of the cycle, where the disparity in valuations between growth stocks and value stocks is
as wide
as it is today, accompanied
by rising
interest rates, normally there's a shift where value comes in favor.»
The dollar is seeing some support
as the markets anticipate that the Fed will raise
interest rates by a quarter - point next Wednesday.
Stimulus help is coming
by way of Prime Minister Justin Trudeau's infrastructure program, which some analysts offer
as a reason to avoid an
interest -
rate cut, or at least delay one.
After over a month of volatility, spurred first
by interest rate spikes and later
by the resignation of Trump economic advisor Gary Cohn, the news came
as a much - needed turn for Cramer.
Borrowers should keep in mind that lower
interest rates at the beginning of a loan result in more actual savings than lower
interest rates towards the end of a loan since the principal is lower
as time goes
by (
interest charged is a percentage of the current loan balance).
The rise in U.S.
interest rates has come
as traders increasingly start to price in four Fed
rate hikes in 2018, rather than the three that have been signaled
by the
rate setters.
As widely expected
by the markets, the Fed raised
interest rates by 25 basis points on Wednesday and upgraded its economic outlook, saying that economic activity and jobs gains had been strong in recent months.
For example, the carry trade involving the Japanese yen had reached $ 1 trillion
by 2007,
as it became a favored currency for borrowing thanks to near - zero
interest rates.
Imagine their surprise when investors in a small business I once worked for received the company's internal loan repayment spreadsheet, showing that the business owner was pulling out bucks
by paying his family exorbitant
interest on loans while investor loans were repaid at rock - bottom
rates over
as long a time period
as possible.
By refinancing when you are earning a salary and have a better credit score, you might be able to lower your
interest rates substantially, even
as low
as 3 percent.
Treasuries extended declines from October, pushing 10 - year yields to a five - week high,
as the probability of a Federal Reserve
interest -
rate increase
by year - end hovered near 50 percent.
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.
According to a recent Morgan Stanley Research report, U.S. commercial real - estate pricing in 2017 could drop
by as much
as 10 %, year over year, amid slowing revenue growth, rising
interest rates and tightening lending conditions.
It's possible we could see the
interest rate environment play out
as it has in the past
by rising sharply or staying in a narrow band for some time to come.
Achievement of these goals was considered
by the HRC
as very challenging, even aggressive, given the expected modest economic growth for 2007 for the financial services industry, the impact and duration of the on - going flat / inverted yield curve (meaning short - term
interest rates that are virtually equal to or exceed long - term
interest rates, thus lowering profit margins for financial services companies that borrow cash at short - term
rates and lend at long - term
rates), potentially higher credit losses, fewer available high - quality, high - yielding loans and investment opportunities, and a consumer shift from non-
interest to
interest - bearing deposits.