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.
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.
Contract talks between the two sides have dragged
on for nine months, leading to
labor tensions, chronic cargo congestion and shipping delays at ports along the coast that collectively handle nearly half of all U.S. maritime trade and more than 70 percent of imports from Asia.
With ports near gridlock and cargo delays being felt throughout the U.S. commercial supply chain, U.S.
Labor Secretary Tom Perez plans to travel to San Francisco
on Tuesday to help broker an agreement
on a new
contract between dockworkers and the group representing shippers and terminal operators.
When
labor is purchased for each job
on a
contract basis, the full cost is agreed upon in advance, which helps keep your costs fixed.
The United Nations Security Council
on Monday unanimously approved new sanctions against North Korea, the harshest yet — capping North Korea's oil imports, banning textile exports, ending additional overseas
labor contracts.
By 2015, analysts had significantly marked down GDP growth, based
on the fact that the
labor force had
contracted more than they thought back in 2007 and productivity growth was slower.
The paid leave order is the latest move by Mr. Obama to use his power over federal
contracts to institute changes
on a small slice of the
labor market when he can not persuade Congress to enact those measures for the whole country.
Some of the rules that were outlined include requiring such services to share their data with local transport officials, signing up their drivers
on labor contracts, insuring both the cars and the passengers and registering their cars as taxi services.
Non-fuel unit costs are also
on track to decrease in 2018, excluding any potential impact from reaching a new
labor contract with Spirit's pilots.
Businesses that occupy the free - trade zones have no restrictions
on the repatriation of their profits, and they benefit from relaxed
labor laws that allow them to hire workers
on a temporary basis without supplying a year - long
contract.
Producer standards vary based
on whether employees are
contract workers, hired
labor or small - scale producers, but all have rights to democratic, equitable treatment.
Having bargained away their tax base and accepted low wages for their
labor, many communities reap relatively few benefits from the foreign investment, however, and are left with no evident way to repay the loans
contracted on the.
He was previously the Associate Director of the North American Integration and Development Center in the School of Public Affairs at UCLA from 1995 to 2006, where his research focused
on NAFTA,
contract agriculture in Mexico, fair trade coffee in Oaxaca, regional competitiveness of the produce industry, living wages in Los Angeles, and immigration and farm
labor in California.
Village officials said they recently began negotiating new
labor agreements with the Firefighter / Paramedic Association as well as the Metropolitan Alliance of Police and may have to make modifications later this year depending
on contract settlements.
I went to the hospital, was given an IV and was put
on antibiotics (to combat potential infection because my water had broken more than 24 hours before) and pitocin, a drug that makes the uterus
contract and, ideally, prompts
labor.
My mucus came out at 39 +5 weeks and 10 minutes after that my water broke... Off to the hospital... I was induced because I wasnt
contracting or dialating
on my own and 9 hours of
labor later my son was born by Emergency Ceserean....
From the Consortium
on Safe
Labor, which was supported by the Intramural Research Program of the Eunice Kennedy Shriver National Institute of Child Health and Human Development, National Institutes of Health, through
contract number HHSN267200603425C.
Moody's Investors Service weighed in today
on the nine - year
contract deal reached by NYC Mayor Bill de Blasio and the NYC teachers union, the UFT, saying that while the agreement «could eliminate» fiscal uncertainty by paving the way for other outstanding
labor contracts, it also comes at a «large» cost and relies
on assumptions that may or may not come to pass.
But the comptroller also warned that the potential cost of
labor negotiations
on some 150 outstanding municipal
contracts «casts a shadow of uncertainty
on the city's finances.
Brian Sampson, president of the Associated Builders and Contractors, Empire State Chapter, released a statement
on «MTA cost overruns and
labor contracts» that did not mention the actress / activist - turned - Democratic - gubernatorial - candidate by name, but did say that the «facts» of what is happening at the cash - strapped MTA can not be ignored, «regardless of your political stance or background.»
For Tomasi economic liberties appear to include a right to hold productive property; a right to engage in commercial
contracts in one's interest, including a right to sell one's own
labor on one's own terms; a right to make one's own decisions about savings and long - term financial planning; and, in general, a right to benefit from one's own economic activity.
«It's clear that politically connected unions are trying desperately to prevent New Yorkers from even having this conversation — and it's equally clear that these same people are the only ones who benefit from the status quo
on labor contracts at the MTA.
The Appellate Division [has] essentially slammed the courthouse door in the face of a local contractor who challenged the state Department of Transportation
on contract terms that required a project
labor agreement.
Meanwhile, her agency spent $ 341 million from 2014 through 2017
on overtime costs dictated by
labor contracts between the city and the unions.
Further strain is put
on us every year because the state law known as the Triborough Amendment obliges us to keep giving «step» salary increases and other generous benefits even when a
labor contract has expired.
Two
labor unions, 32BJ and SEIU Local 200 United, are poised to launch an
on - line advertising campaign in hopes of pushing a bill through the Legislature that would force public utilities to pay prevailing wages and provide health care benefits to their
contract employees.
A close ally of the
labor - backed Working Families Party, Mr. de Blasio called
on federal government
contracts to «give special consideration» to businesses that recognize the right to unionize, blaming the decline of union power for the rise of income inequality.
During his early days
on the legislature, he chaired a
labor relations negotiation committee that was able to secure a
contract.
A uniform policy
on sexual harassment for all state and local governments, as well as
contract labor and freelancers, but prohibits mandatory arbitration of sexual harassment claims in private businesses.
A first sergeant in the New York State Parks Police and founding president of the Police Benevolent Association of New York State, he said that he would be back in Albany
on Monday, «doing what I do best,
labor relations and
contract negotiations with the governor's office.
But early
on as governor he was at odds with public - sector
labor groups, including public employee unions he battled over
contract renewals as well as a new, less generous pension tier during his first term.
Kent and Garcia have hired veteran
labor negotiator Eddie Kay to help with upcoming talks
on the union's
contract, which runs out April 1.
It is also offering binding arbitration services to communities and their police and firefighter unions to help save money
on labor contracts.
Bill de Blasio and the teachers union struck a deal
on a new
contract, ending a nearly five - year
labor dispute and potentially setting a template for negotiations with the city's other unions.
They have also come to an agreement with Uniform Food and Commercial Workers Local 2013, which represents roughly 900 Freshdirect employees,
on a new
contract, and my office is happy to see such cooperation between
labor and management.
By Matt Pommer Old divisions among Democratic legislators bubbled up during the recent votes
on new
labor contracts for more than 35,000 unionized state workers.
Off - topic questions included the mayor's proposed budget and the potential cost of open
labor contracts, a timeline for settling the open
labor contracts, the Build it Back program, the administration's «comprehensive review» of the city's Sandy recovery efforts, release of Bishop Findlayter's arrest report, the mayor's September promise to visit a carriage horse stable before acting
on his pledge to ban carriage horses and the administration's community development block grant application.
Baumann & Sons cited the loss of transportation
contracts with the Hicksville and Rockville Centre districts for the layoffs, according to a Nov. 18 regulatory notice posted
on the state
Labor Department's website.
At noon, union officials and
labor supporters rally in support of Honeywell Corp. workers who have been locked out due to a
contract dispute and call
on the U.S. Department of Defense to suspend its
contract with the company, Leo O'Brien federal office building, Albany.
CSEA and the authority reached tentative agreement
on a successor
labor contract between the parties in January 2012, three months before the union's Statewide Conference
on Occupational Safety and Health was set to take place in Lake Placid.
While not exactly encouraging, this approach offers at least a glimmer of hope to local officials, who need Cuomo to lead the charge
on statutory changes that would make it easier to restructure costly
labor union
contracts.
Poughkeepsie... Dutchess County Executive Marcus J. Molinaro and CSEA President Liz Piraino announced agreement
on a new
labor contract with the CSEA, Dutchess County Government's largest employee union with over 1450 members, including employees of Dutchess Community College.
Mayor Bill de Blasio released
on Wednesday a preliminary $ 73.7 billion budget proposal that squirrels away billions of dollars that could be used to settle
labor contracts with New York City employees.
That is, he laid a bundle of cash
on the NYPD's principal
labor union, the Patrolmen's Benevolent Association, settling the city's last major outstanding
labor contract.
But
labor contracts for the vast majority of the state's 190,000 employees expire
on March 31, giving Mr. Cuomo an opening to seek changes at a time of public unease toward government workers» benefits.
The Public Employees Federation is floating the idea of some so called tweaks to the tenets of the rejected
labor contract, including, perhaps charging more for health care
on a sliding scale based
on the amount of a worker's pay.
The City University of New York's faculty union promised to hold Governor Andrew Cuomo to a commitment by his budget director
on Thursday that the administration will «address» funding its expired
labor contracts once a deal is reached between the union and the university.
COLONIE — The executive board of the Public Employees Federation gave the green light Thursday for a ratification vote
on their proposed five - year
labor contract.
Public employee unions have a huge amount of sway near the heart of the state's bureaucracy, and in 2014, they worked against the governor who had angered their members with his tough negotiations
on labor contracts and his support for pension and education reforms.