I submit that over time a firm is
challenged by both growth and technological change.
Not exact matches
M&A activity — as revenue
growth stays
challenged — has been feverish, and the announcement of talks between Pfizer (PFE) and Allergan (AGN) is reminiscent of deals such as AOL / Time Warner in 2000 and RBS / ABN - AMRO in 2007, blockbusters in market leading sectors which were followed
by major market tops.
Parties will need to explain how they will create broad - based economic
growth, given the
challenges brought
by automation, globalization and an aging population.
Comments: «We continue to believe that prospects remain good for economic
growth to reassert itself as
challenges are persistently met
by concerted efforts of country officials and central bankers around the world aided and abetted
by secular trends larger than the cyclical hurdles in the immediate path.
The native Canadian faces a tough business climate as letter volumes continue to decline and her plans to boost revenue through package
growth have been
challenged by Amazon's launch of its own delivery network.
But those landmark reports tended to focus on precise policy
challenges, and Dodge says,
by comparison, Barton's economic
growth mandate is «pretty amorphous stuff.»
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.
Symptomatic of the rapid
growth experienced
by the other BRIC nations (Brazil, Russia, India, China), Castelli sees the country slowly shedding its old ways and embracing reforms, but many
challenges still lie ahead.
The reports looked strong at first, but looking under the hood, Cramer was very concerned
by the weakness he saw: Kimberly - Clark, for one, is facing pricing
challenges, rising commodity costs and a slumping diaper business in what had once been its best
growth market: China.
She maintained that 70 % of infrastructure that will be needed in cities
by 2016 still has not been built, and that without these improvements, cities will face major
challenges in accommodating fast
growth.
«With the energy sector still
challenged by soft global
growth and oversupply, and the upside in housing construction now limited, Canada needs to see a rotation towards non-energy exports.
Suggesting that we can build an endless wall along our borders, and blame our
challenges on immigrants — that doesn't just run counter to our history as the world's melting pot; it contradicts the evidence that our
growth and our innovation and our dynamism has always been spurred
by our ability to attract strivers from every corner of the globe.
«I know that
growth happens
by overcoming
challenges, and I believe I wouldn't have grown into the man I am today without my military training.»
The Congress faces an array of policy choices as it confronts the
challenges posed
by the amount of federal debt held
by the public — which has more than doubled relative to the size of the economy since 2007 — and the prospect of continued
growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass.
Supported
by the London Stock Exchange, Crowe Clark Whitehill, Cantor Fitzgerald and Business
Growth Fund, the theme of the morning seminar was Funding
Growth in
Challenging Times.
The IMF's October, 2012 World Economic Outlook (WEO), «Coping with High Debt and Sluggish
Growth» is a must read for anyone who wants a realistic and independent assessment of global economic prospects, the challenges confronting policymakers, and the risks to global economic growth that are increasing by the
Growth» is a must read for anyone who wants a realistic and independent assessment of global economic prospects, the
challenges confronting policymakers, and the risks to global economic
growth that are increasing by the
growth that are increasing
by the month.
Specifically, it will examine how these firms nationwide performed — especially compared to men - owned small employer firms —
by assessing their performance and key industries, the credit they sought and received, and the financing and
growth challenges that they faced.
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.
As the franchise industry continues to face the
challenges brought on
by the great recession and tight credit markets those franchisors that achieve continued
growth reflect sound franchise systems including these ten franchise opportunities.
«The third quarter macro environment was characterized
by a slowdown in market
growth, continued geopolitical disruptions and foreign exchange
challenges,» CEO David Taylor said in a statement.
Recognized as a «SBA Lender of the Year» in 2015
by the Small Business Administration, BBVA Compass is proud to do our part to help small businesses overcome their current economic
challenges and position themselves for future
growth.
In several of my earlier essays, I have referred to this model of high - savings, investment - driven
growth as the Gerschenkron model because its two main characteristics derive from Alexander Gerschenkron's description of the main
growth challenges faced
by developing countries.
This is the next great
challenge for Beijing, and when the regulators finally do start to repair overextended balance sheet, with a much higher debt - to - GDP ratio than any other country at China's stage of economic development, according to a presentation Monday night
by my very smart former student, Chen Long, I expect annual GDP
growth rates will continue dropping steadily,
by 1 - 2 percentage points a year through the rest of this decade (and there has been increasing talk in the past month or two that GDP
growth rates are already 1 - 2 points below the printed rates).
In fiscal 2012, we generated $ 762 million in cash flow from operations in what was a
challenging economic environment, and we anticipate generating even stronger cash flows from operations in fiscal 2013, driven
by the combination of continuing same - restaurant sales
growth, accelerating new unit
growth and an improvement in our operating margins.
The speech starts
by setting out three key themes of the Bank's recent communication about Australia's transition from the resources sector boom to more normal economic conditions: that the sheer scale of the boom means that this transition is
challenging, and that the broader global environment compounds the
challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances of success would be boosted
by a lift in productivity
growth and an increase in the expected risk - adjusted rate of return on investment.
The heavy pressures of a being boom - town have created many unique
growth and social
challenges in this northern Alberta community that could easily become an issue in a locally - focused
by - election.
A slowdown in China's economic
growth and,
by extension, much tamer global commodity demand, presents Canada with both a
challenge and an opportunity.
«We are all
challenged by the spread compression, and you need loan
growth in order to grow your earnings,» says Bobrow.
This assessment might be
challenged by recent data as the unemployment rate kept on falling but wage
growth has stabilised at best, if not slightly decelerated.
By continuing to invest their lives in the stream of things, they stay in touch with the world of
growth and
challenge.
The success of Pentecostal evangelistic efforts and the resultant astonishing
growth of Pentecostal churches all over Latin America has deeply
challenged the cultural and ideological hegemony (real and supposed) exercised
by the Catholic Church.
For MacIntyre, the practices necessary for training in practical reason through which we acquire the ability to act intelligibly requires the systematic
growth of human potential
by acquired excellence that can not help but
challenge the character of modern moral practice and theory.
Church
growth has strong adherents, both within and without church bureaucracies — adherents who are just beginning to be
challenged by serious theological voices.
Here, as in the typical suburb, one is surrounded
by likeness to the extent that
challenge is unlikely and
growth impossible.
A variety of movements arose to meet the
challenges of the social changes brought
by the
growth of cities and the Industrial Revolution.
Even those who
challenge these numbers agree that
by any measure Pentecostal Christianity has experienced dramatic
growth.
«The foundation is dedicated to enhancing the lives of deserving youth
by actively supporting educational and athletic programs that guide minority kids through the
challenges of achieving successful personal and professional
growth,» Amigos Foods says.
In recognition of the urgent
challenges posed
by climate change and population
growth, the two organizations are now planning a merger that will enable us to scale up critical sustainability interventions in the global agricultural supply chain.
Healdsburg Vintner Truett - Hurst Sales Surge 19 % for Fiscal Year: Healdsburg - based wine company Truett - Hurst Inc. capped its fiscal year with 19.1 percent
growth in net sales, better margins and net loss turned down to a trickle, helped partly
by cutting two
challenging brands...
No matter how the company faces the «rich
challenges» created
by its
growth, Maze says Campofrio Food Group America will continue to meet them through its dedication to traditional European cured meats and
by having the best people in the industry.
«Our diverse portfolio of businesses and strong balance sheet enabled us to deliver EPS
growth for our shareholders, notwithstanding the
challenges experienced
by Australian beverages at the start of the year,» Watkins said.
«We understand the opportunities and
challenges faced
by the industry and we are perfectly placed to help businesses in the food and drink sector to realise their
growth ambitions.»
Vigorous vine
growth challenges Santa Cruz grape growers Timely rains right before budbreak followed
by a quick warm - up of temperatures have pushed the Santa Cruz Mountains appellation wine grape crop off to a fast and promising start...
While supermarket margins have fallen
by almost half, Woolworths has posted five consecutive quarters of comparable - store sales
growth and analysts are expecting further strong
growth in the December quarter before Woolworths starts cycling more
challenging comps in the June - half.
While many users of palm oil in the consuming countries are committed to CSPO, its greater
growth especially SG grades has been somewhat held back due to the premium; an issue further confounded
by CSPO supply chain
challenges.
«These are impressive results, particularly in light of the
challenges posed
by global mega trends impacting our industry, from macroeconomic and political volatility, the continued rebalancing of the economic world, to shifting consumer preferences and increasing demand for healthier products, to the disruption of retail caused
by the rapid
growth of e-commerce and the blurring of channel lines,» Ms. Nooyi said.
It's a place where economic
growth, presently led
by China, the communist nation that rapidly embraced capitalism when it suited it, is likely to be
challenged in the not - distant future
by India's economic expansion.
* Guide our players \» personal
growth by teaching life lessons and overcoming their
challenges through the aspects of baseball *
By contrast, when students adopt the «
growth mindset» message that intellectual struggle expands one's intellectual ability, they seek out bigger
challenges and more advanced work.
Through the
challenging times, the magical moments and the many phases of change, I am thankful for the
growth, a new day and the gift of being surrounded
by the greatest loves of my life.