Sentences with phrase «closing their operations by»

This was soon followed up by another Bitcoin exchange ViaBTC who have confirmed that they too will be closing their operations by this month end.

Not exact matches

The incident — in which Turkey said a Russian warplane violated Turkish airspace for roughly 17 seconds — comes four days after Turkey accused Russia of bombing villages in northern Syria inhabited by Syrian Turkmen and called for an immediate end to Russia's military operation close to the border.
The indictment alleges that the operation was funded to the tune of $ 1.25 million a month by companies controlled by a Russian businessman close to the Kremlin.
A closer look at Market Basket's operations under Arthur T. Demoulas suggests that its industry - beating 7.2 percent operating margins in 2012, cited by the Boston Business Journal, derive from six secrets: long - term employee relationships, low overhead, bulk purchasing, low prices, no debt and treating employees and customers like family.
Months of deliberations behind closed doors at Shell headquarters in The Hague, Netherlands, had led the top brass at the world's largest non-state-owned oil company by sales to conclude that the energy industry was changing fundamentally — in a way that could turn the profitable oil - sands operation into a liability.
In doing so, Maple Leaf will cut a net 1,550 jobs, or roughly 12 % of its meat - division workforce, as the company closes several factories from B.C. to New Brunswick and consolidate operations into a new $ 395 - million flagship facility in Hamilton, set to start churning out sliced meats and wieners by 2014.
The company also confirmed it is consolidating its business by closing their Los Angeles and London stores and operations — instead moving all operations to Brooklyn.
Potential risks and uncertainties include, among others, the possibility that the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated in a timely manner, if at all, general economic conditions in regions in which either company does business may deteriorate and / or Oracle or Vocado may be adversely affected by other economic, business, and / or competitive factors.
And their skepticism may have been increased by the recent news that The Huffington Post — which says it gets more than 200 million unique visitors a month and produces close to 2,000 articles every day — is reportedly only breaking even on its editorial operations.
General Motors (gm) has cut more than 4,000 U.S. jobs since November, and moved to conserve capital by shedding its European operations and closing unprofitable operations in Asia.
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.
«There may be a bit of value that could be unlocked under that scenario, but the time to close the deal and the disruption associated with it detracts from long - term value - creation driven by improving existing operations,» Rubel said.
An analysis of Building 8's recent hires and job listings by Business Insider, as well as conversations with people close to the company, shows an ambitious effort to create and sell millions of consumer hardware units, from a supply chain outpost in Hong Kong to a planned retail push and customer call center operation.
According to sources cited by Reuters, refinery Citgo Petroleum is closing its doors in Corpus Christi, while another refinery in the area, Flint Hills, has also been winding down operations, according to local news outlet KrisTV.com
By opening up shop in Amazon's Dublin region, Atlassian can offer European customers faster performance because there is less delay or latency involved IT operations when data centers are closer to the customer.
A recent study showed that 71 percent of small businesses close their doors by their tenth year in operation.
A company's brand and goodwill can be ruined overnight by a security breach, and prompt regulators to take a closer look at a company's operations.
«At the same time as we have created our digital business, we have also already effectively exited certain traditional operations, closing 13 manufacturing plants and 130 processing labs, and reducing our workforce by 47,000 since 2003.
In addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisions.
In 2014, last mile delivery startup Chhotu.in, which was backed by Paytm's Vijay Shekhar Sharma, closed operations.
These funds include flood relief operations in Quebec, Manitoba and Saskatchewan as well as close to 3,000 responses to provide relief to families affected by house fires and pre-emptive evacuations.
The deal — which will cover operations in Russia, Kazakhstan, Azerbaijan, Armenia, Belarus and Georgia — is expected to close in Q4 of this year and has already been approved by the boards of both companies.
Workers leave Oscar Mayer's headquarters and plant last week after hearing that parent company Kraft Heinz will close Madison operations by early 2017.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
Workers leave Oscar Mayer's headquarters and plant at the shift change Wednesday after hearing that parent company Kraft Heinz will close Madison operations by early 2017.
The only tactic not employed — at least to some extent — by a majority of the CEOs surveyed is «relocating operations close to talent pools».
In what is believed to be the first such action by any American city, it has announced that it is closed to new mining operations for at least 18 months.
«Unfortunately we are in need to close our operations indefinitely due to the unjust persecution to exchange houses in Venezuela by the National Government.»
The Reserve Bank uses its domestic market operations (sometimes called «open market operations») to keep the cash rate as close as possible to the target set by the Board, by managing the supply of funds available to banks in the money market.
New Dole looks to be massively undervalued, will still hold very good high value assets, especially saleable land, has some future potential catalysts that could help unlock value, it should be able to compete better with Fresh Del Monte and Chiquita, and new Dole will now be freed up to make acquisitions and improvements to its business and operations after the transaction with Itochu closes as it will not be burdened by the massive amount of debt that it has carried for years.
The company got there by closing older, less efficient operations and focusing on improving efficiency.
Major exchange pulls out of Japan One of the longest operating cryptocurrency exchanges, Kraken, which usually is ranked as the 10th - 13th largest exchange by volume, announced that it will be closing down its Japan operations.
Christian culture pervades many aspects of Chick - fil - A's operations, from its corporate purpose — which includes «to glorify God by being a faithful steward of all that is entrusted to us» — to its policy of closing restaurants on Sundays to praying at restaurant openings.
By keeping a close eye on operations and labor costs, Mazarakis says Seasons Pizza is able to offer the same $ 10 pizza deals and daily specials without skimping on quality ingredients.
The sale process is being conducted by Ernst & Young through Don Manifold and has come close to being finalised with an agreement in April this year that would have seen Chinese - based Dakang Australia Holdings, backed by Shanghai Pengxin, buy the cattle station operation that spans from the Kimberley in Western Australia to Queensland's Channel country.
The company said that it expected to complete a deal to buy all of Midlands Co-operative Society's (MCS) dairy operations by the close of the month - although it declined to give any indication of the cost implications.
The new organic milk spray drying plant will be built at North Geelong in Victoria on land adjacent to an existing processing operation built in 2016 by the Organic Dairy Farmers of Australia, which operates at a site close to the former Ford engine plant.
Measuring only 3.8 by 2m, it offers the type of low - maintenance high efficiency that is so important where industrial and municipal operations don't have the resources to place engineering staff on close standby.
The closest the Wainstein report got to providing America with the ammo it needed to keep UNC in the national spotlight of infamy was an email sent by a member of the North Carolina academic support staff to a director of football operations.
Mass Audubon continues to close in on its goal of raising $ 3.6 million by June 30 to secure land for a new wildlife sanctuary at Tidmarsh Farms, a former 600 - acre cranberry operation in Plymouth.
Until the close of 30 September 2010, the new Electoral Commission may perform only those functions that are necessary or desirable to bring, or in connection with bringing, the principal Act as amended by this Act into operation.
One veteran Tory explained the thinking behind «Operation Save Dave» which is being run by his closest lieutenant George Osborne:
BY PAUL SCHINDLER Citing its success in winning new state regulations protecting transgender New Yorkers from discrimination, the Empire State Pride Agenda has announced it will close down major operations in early 2016.
By keeping state operations spending growth at 2 percent, the budget hole is closer to $ 1.8 billion.As expected, the governor tucked into the budget non-monetary initiatives, such as new sexual harassment policies, the codification of abortion rights in state law and methods for New York to participate in «early voting,» all of which he touted in his Jan. 3 State of the State address.
In 1964, for example, the Senate GOP's fundraising operations were pretty much dependent upon how much money the state party funded by Gov. Nelson Rockefeller decided to chip in; since then, the centralized Senate Republican Campaign Committee, a network of independent expenditure committees, and scores of single - member Albany fundraisers each year guarantee that no incumbent in a close race will lack for funds.
During a closed - door gathering of major donors in Southern California on Monday, the political operation spearheaded by the Koch brothers unveiled a significant new weapon in its rapidly expanding arsenal — a super PAC called Freedom Partners Action Fund.
«Once Mr Wallis» name did become associated with Operation Weeting, I did not want to compromise the prime minister in any way by revealing or discussing a potential suspect who clearly had a close relationship with Mr Coulson,» Sir Paul said as he stepped down.
As part of its agreement to close its plant in Westchester County by 2021, Entergy announced it would relocate its primary emergency operations center from Buchanan to Fishkill.
There were immediate accusations that many of the severe cost - saving exercises undertaken by the NHS last year - such as closing wards, delaying operations and cutting staff - were unnecessary.
A police and the military joint task force under Operation Vanguard was deployed to three regions considered the most affected by the illegal mining, and close to 400 arrests have been made.
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