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.
The Bank of Canada will likely stand pat during their next key
interest rate decision
on September 9th, so a further
cut would suggest extreme weakness
in the Canadian economy.
The drop
in exports will be a concern, but probably not enough to prompt an
interest -
rate cut ahead of Finance Minister Bill Morneau's first budget
on March 22.
A surprise fall
in retail sales
in November due to a drop
in spending
on discretionary items does not necessarily mean an
interest rate cut in February, economists say.
Zhou responded by
cutting interest rates and easing restrictions
on bank lending, his latest attempt to restore confidence
in the world's second - largest economy.
Then again, China's bank
cut interest rates on Monday
in response to the market drop, so it's a mixed message at best.
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.
In an extraordinary statement, Poloz told a press conference in Ottawa on October 19 that he; Senior Deputy Governor Carolyn Wilkins; and deputy governors Timothy Lane, Lawrence Schembri, Lynn Patterson, and Sylvain Leduc very nearly decided to cut the benchmark interest rate this wee
In an extraordinary statement, Poloz told a press conference
in Ottawa on October 19 that he; Senior Deputy Governor Carolyn Wilkins; and deputy governors Timothy Lane, Lawrence Schembri, Lynn Patterson, and Sylvain Leduc very nearly decided to cut the benchmark interest rate this wee
in Ottawa
on October 19 that he; Senior Deputy Governor Carolyn Wilkins; and deputy governors Timothy Lane, Lawrence Schembri, Lynn Patterson, and Sylvain Leduc very nearly decided to
cut the benchmark
interest rate this week.
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.
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.
The Bank of England
cut interest rates on Thursday for the first time since 2009, revived its bond - buying program and said it would take «whatever action is necessary» to achieve stability
in the wake of Britain's vote to leave the European Union.
(
In fact, Poloz said
on January 18 that an
interest -
rate cut «remains
on the table.»)
But, she added, «our foot remains
on the pedal
in part because we want to make sure the economic expansion remains strong enough to withstand an unexpected shock, given that we don't have much room to
cut interest rates.»
While Carney's move to drastically
cut interest rates in Canada at the beginning of the financial crisis was prophetic, Philip Aldrick of the Telegraph likens the situation to Canada being an innocent bystander to a horrendous car crash with the U.K. economy at the wheel: the enormity and complexity of the economic problems Carney will face are
on a whole different level.
(Much of this impression comes from his very first
interest rate decision as Governor
in March 2008: a surprise
cut of 50 basis points
in the overnight
rate on the basis of the U.S. outlook.)
Quick answer: no, as the European Central Bank, which has an inate fear of inflation, felt compelled
on Thursday by the economic crisis
in Europe to
cut its benchmark
interest rates by 0.25 percentage points, bringing the refinancing
rate to a record low of 0.75 % and the overnight deposit
rate to zero.
This doesn't take into account postsecondary institutions, which have seen long - term building maintenance
cuts, and whose students, paying some of the highest
interest rates on student loans
in the country, saw their grant program replaced with a loan - reduction program nine years ago.
As
interest rates in Europe fell to unfathomably low levels over the last decade, lenders found themselves
in a tough position: Mortgage
interest — and therefore income — fell
in lock step with the Euribor, and yet banks only had so much leeway to
cut interest paid
on deposits, which are their primary source of funding for mortgages.
Just like a thorough vetting of cabinet nominees could have foreseen the scandals that later emerged, a thorough vetting and review process for the monster tax
cut legislation would have cautioned against such radical moves
in the face of massive maturing supply, a trimming Fed, and a debt - strapped consumer that is seeing higher
interest rates on mortgages and credit cards as a result of the spike
in rates.
Depending
on the type of student loan you have and the
interest rate you can qualify for with your refi, you could
cut your
interest rate on your student debt
in half.
On the monetary policy side, the Federal Reserve
cut short - term
interest rates close to zero, communicated that short - term
rates were likely to stay exceptionally low far into the future, and undertook a series of large - scale asset purchases
in order to ease financial conditions further.
Stocks rose sharply
in the United States and Europe
on news the referendum plan had been scrapped, as well as a surprise move by the European Central Bank to
cut interest rates.
Euro zone inflation jumped more than expected
in August, data showed
on Friday, likely reducing chances that the European Central Bank will
cut interest rates next Thursday.
The fundamental problem is that the ECB and the BoJ are trying to implement QE through the normal credit creation channels of the banking system (which aren't working) and relying
on interest rate cuts, instead of creating new money
in the hands of firms and households outside of the banking system by asset purchases directly from these non-bank entities.
Cutting the
interest rate by 10 basis points to 0.05 % and dropping the deposit
rate to minus 0.2 %,
in my view, shows the ECB has done everything it can
on interest rates.
A rise
in interest rates —
in part related to tax
cuts which will stimulate the economy and require the government to issue more debt — caused many investors to revalue their stock holdings (equities are often valued
in part based
on their expected returns versus a risk - free Treasury).
We expect lower
rates too, with the Bank of England set to
cut interest rates soon, U.S.
rates on hold and potential for further quantitative easing
in the United Kingdom, eurozone and Japan.
Natalia Orlova, head economist at Alfa Bank, said the central bank might now take more time over
interest rate cuts that could boost growth: «Based
on economic logic... it seems to me that it is dangerous to hurry with a
rate cut in such uncertain conditions.»
Competition spread more openly to the market for existing borrowers
in mid 1996 when banks
cut the
interest rate on standard variable -
rate loans independently of any effect
on funding costs from a change
in monetary policy.
«Yes I agree with all that, and we welcomed the change
in fiscal policy because it meant we could keep forecast inflation
on target without having to
cut interest rates, which we would otherwise have done.
Cuts in official
interest rates in the second half of 1996 have been reinforced by a compression of intermediaries»
interest margins
on home mortgages, the result of intensified competitive pressures
in this area of lending.
The different governments lead by Mrs. Thatcher restrain the emission of the monetary mass, raise the
rate of
interest, reduce
in a drastic way the taxes
on the highest incomes, abolish the control of the financial flows, strongly raise the
rate of unemployment, provoke strikes, put
in place an anti-unions legislation and
cut the social expenses.
«Let loose
in government
on their own they would wreck the recovery — costing jobs, driving up
interest rates and undermining the growth needed to
cut tax bills and fund public services,» he will say.
That means focusing
on the lower - hanging fruit
in terms of
cutting costs - such as
cutting interest rates, which are currently up to 6.1 %, and have been attacked as bafflingly high by a long line of former Conservative and Labour education ministers.
Buyers
interested in cut -
rate financing can forgo the rebate and opt for 0 percent
interest for up to 60 months
on the same Liberty models.
Furthermore the sole reduction of the number of outstanding loans
cuts hundreds of dollars
on administrative fees that are usually charged separately (though sometimes included
in the
interest rate).
With such a wide range of
interest rates — and the thousands of dollars that will have to be repaid
in interest over the length of the course plus the standard 15 - year loan term — it makes sense to find ways to
cut costs
on your loan.
The Bank of Canada
cut its key
interest rate twice last year
in an effort to cushion the impact of falling oil prices
on the economy.
Still, the slowing construction sector and the tempered expectation for price appreciations
in the housing resale market are taking a toll
on investor outlook — and this is prompting leading economists to suggest an
interest rate cut by the Bank of Canada at tomorrow's monetary policy announcement.
So when the Fed is ready to blow it all out into the economy, and presuming the economy is healthy enough to start taking it (more
on this below), first they
cut the IOER
rate to 0 % (I would advocate charging banks money, but maybe you do it
in steps), second they start raising short term
interest rates (creates demand) and then once the economy is powering forward
on private credit creation like normal then the deficit will start closing naturally as the economy grows and tax revenues increase and unemployment will come down (GDP gap closes).
Did you know that just by calling your creditors and requesting to be
on their «hardship» program that you can
cut your
interest rates, sometimes even qualifying for zero
interest charges or a reduction
in the size of your required monthly payment?
But the recent rise
in mortgage defaults and the tightening of credit have raised expectations
on Wall Street that the central bank had to
cut interest rates to help protect the economy and to keep financial markets stable.
Interest rate hikes can be like stepping on the brakes while interest rate cuts can be like hitting the accelerator but bear in mind that consumers and business react a little more slowly to these
Interest rate hikes can be like stepping
on the brakes while
interest rate cuts can be like hitting the accelerator but bear in mind that consumers and business react a little more slowly to these
interest rate cuts can be like hitting the accelerator but bear
in mind that consumers and business react a little more slowly to these changes.
A lower
interest rate means that instead of paying $ 0.30
on every dollar you spend, you can
cut that
in half.
In addition to the weather, the Canadian bond market has seen its share of
interest, as
on Jan. 21, 2015, the Bank of Canada (BOC)
cut rates by 25 bps to an overnight lending level of 0.75 %.
An increase
in interest rates, for example, will make some new issue bonds more valuable, while causing some company stocks to decrease
in price as investors perceive executive teams to be
cutting back
on spending.
If I were Lila, Iâ $ ™ d move everything into a money market account for a while and sit
on it for at least three weeks, then wait until I started feeling confident about the stock market again — or at least until I felt it was close to the bottom, which I donâ $ ™ t think weâ $ ™ ll see for another year unless there are tremendous
cuts in interest rates (this last bit is solely my opinion from having watched the stupidity of the housing market over the last few years).
She leveraged that asset to roll over a hefty chunk of her debt into a home equity line of credit, which
cut the
interest rate on the sum
in half.
On days the market has declined the expectations for a
cut in interest rates have increased, and vice versa.