NEW YORK (AP)-- The latest on
developments in financial markets (all times local):
4:00 p.m..
Stocks are closing mostly lower following a late slump Wednesday, as Apple jumped but health care and food and drink makers fell.
Analysis podcasts, updated weekly, focusing on possible
developments in the financial markets and economic environment.
It all depends on your particular circumstances, plus factors related to economic conditions and
developments in the financial markets.
«ETFs are clearly an important
development in financial markets, which have brought many well - documented benefits to investors,» researchers Doron Israeli, Charles Lee and Suhas Sridharan wrote in a paper last month.
Chief Strategist at Sparinvest, David Bakkegaard Karsbøl, comments on
the developments in the financial markets with a particular focus on China.
The ability to trade and keep track of
developments in the financial markets while on the move has become a must for today's trader.
Long before the term «FinTech» was coined, we had been working on many of the most prominent and ground - breaking technological
developments in financial markets for many years.
Keeping up to date with
developments in the financial markets and their impact on investors portfolios.
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.
Actual operational and
financial results of SkyWest, SkyWest Airlines and ExpressJet will likely also vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of other reasons, including,
in addition to those identified above: the challenges and costs of integrating operations and realizing anticipated synergies and other benefits from the acquisition of ExpressJet; the challenges of competing successfully
in a highly competitive and rapidly changing industry;
developments associated with fluctuations
in the economy and the demand for air travel; the
financial stability of SkyWest's major partners and any potential impact of their
financial condition on the operations of SkyWest, SkyWest Airlines, or ExpressJet; fluctuations
in flight schedules, which are determined by the major partners for whom SkyWest's operating airlines conduct flight operations; variations
in market and economic conditions; significant aircraft lease and debt commitments; residual aircraft values and related impairment charges; labor relations and costs; the impact of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated factors.
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 this multi-threaded story book, the author traverses the genesis and
development of nearly all of the
financial products we, the American consumers, know of today — credit card, money
market fund, mutual fund, and more.
BI: Which
developments in global
financial markets, if any, would you flag as most concerning for risk appetite?
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital
markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations
in those rates; (5) the timing and
market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10)
financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant
developments that could occur
in the legal and regulatory proceedings described
in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Risks and uncertainties include, among other things, the uncertainties inherent
in research and
development; the uncertainties inherent
in business and
financial planning, including, without limitation, risks related to Pfizer's business and prospects, adverse
developments in Pfizer's
markets, or adverse
developments in the U.S. or global capital
markets, credit
markets or economies generally; and competitive
developments.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018
financial results; Gilead's ability to sustain growth
in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures
in European countries that may increase the amount of discount required on Gilead's products; an increase
in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift
in payer mix to more highly discounted payer segments and geographic regions and decreases
in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations
in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations
in Gilead's earnings;
market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials
in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations
in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates
in the timelines currently anticipated; Gilead's ability to receive regulatory approvals
in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further
development of Gilead's product candidates, including GS - 9620 and Yescarta
in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes
in its stock price, corporate or other
market conditions; fluctuations
in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time
in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
Topics include but are not limited to municipal
financial market developments, the use of quantitative measurement / technical analysis
in the stock
market, the outlook for the U.S. stock
market and the world, the U.S. banking system, and the global economic outlook.
While concerns about
developments in the large economies of Italy and Spain have contributed to the unease
in financial markets, both of these countries are likely to be able to avoid any call on the European Union for
financial assistance.
All three of these reasons — evidence that U.S. monetary policy is currently only moderately accommodative, the fact that U.S.
financial conditions have been influenced by economic and
financial market developments abroad, and risk management considerations — argue, at the moment, for caution
in raising U.S. short - term interest rates.
Developments outside the United States affect our domestic economic outlook through their impact on trade and financial market conditions, and we have to take such developments into consideration in our monetary policy decisi
Developments outside the United States affect our domestic economic outlook through their impact on trade and
financial market conditions, and we have to take such
developments into consideration in our monetary policy decisi
developments into consideration
in our monetary policy decision - making.
If international
developments shift U.S.
financial market conditions — including the dollar — then we need to take this into consideration
in our U.S. monetary policy decisions.
Factors that could cause or contribute to actual results differing from our forward - looking statements include risks relating to: failure of DBRS to rate the Notes at the anticipated ratings levels, which is a closing condition, or at all; changes
in the
financial markets, including changes
in credit
markets, interest rates, securitization
markets generally and our proposed securitization
in particular; the willingness of investors to buy the Notes; adverse
developments regarding OnDeck, its business or the online or broader marketplace lending industry generally, any of which could impact what credit ratings, if any, are issued with respect to the Notes; the extended settlement cycle for the scheduled closing on April 17, 2018, which may exacerbate the foregoing risks; and other risks, including those described
in our Annual Report on Form 10 - K for the year ended December 31, 2017 and
in other documents that we file with the Securities and Exchange Commission from time to time which are or will be available on the Commission's website at www.sec.gov.
For example, after the
market turbulence at the start of the year, we kept monetary policy on hold at the March FOMC meeting and explicitly referenced «readings on
financial and international
developments»
in the FOMC statement.
Together, those
developments underscore that even as Europe's debt turmoil enters its third year, no clear solutions are yet
in sight — despite recent signs that a new lending program by the European Central Bank might be easing
financial market pressures.
Thus, when I reiterate that U.S. monetary policy is data dependent, that includes not just the information gleaned from important economic releases such as payroll employment and retail sales, but also how
financial market conditions react to economic and
financial market developments in the global economy.
With the
development of blockchain technology and digital asset
market, Crebit will inevitably replace traditional mobile payment products such as Paypal, Alipay, and WeChat
in the future and will no longer be restricted by geographical areas, enabling global involvement
in the digital asset
financial field.
A jury of high - profile Canadian business leaders selects 10 finalists and one winning company based on the following criteria: innovation,
market development, people and culture, strategic leadership, and improvements
in financial measures.
This
development is yet another attempt by the burgeoning startup to establish itself as a significant player
in the
financial market.
More generally,
development of the corporate bond
market is simply a reflection of the ongoing process of
financial innovation and
development, following, with a lag, trends that have been evident
in the US for some time.
Melamed, one of the central players
in the creation and
development of the
financial futures
markets, was CME chairman from 1968 until 1976 and held various leadership positions at CME for more than three decades.
The fact that Australia has well - developed
markets in a wide range of products suggests well - balanced
development of the Australian
financial system.
«Many participants reported that their contacts had taken the previous month's turbulence
in stride, although a few participants suggested that
financial developments over the intermeeting period highlighted some downside risks associated with still - high valuations for equities or from
market volatility more generally,» the minutes said.
It seems, on the basis of information available at present, that
developments in the Chinese property
markets and the broader
financial sector are likely to be more important for the outlook.
Many of our competitors have significantly greater
financial, technical and human resources than we have and superior expertise
in research and
development and
marketing approved services and thus may be better equipped than us to develop and commercialize services.
Because there is no public
market for our common stock, our board of directors determined the common stock fair value at the stock option grant date by considering several objective and subjective factors, including the price paid by investors for our preferred stock, our actual and forecasted operating and
financial performance,
market conditions and performance of comparable publicly traded companies,
developments and milestones
in our company, the rights and preferences of our common and preferred stock, the likelihood of achieving a liquidity event, and transactions involving our preferred stock.
While the acceleration of Asian
financial market development has implications across equity and debt
markets, some
financial services companies are
in a good position to benefit.
NEW YORK (AP)-- The latest on
developments in global
financial markets (all times local): 4:00 p.m. Technology and consumer stocks pulled the broader
market slightly lower, even as energy stocks rallied along with the price of oil.
Given these and other
developments, the Bank is now confident that Canadian
financial markets could also function
in a negative interest rate environment.
NEW YORK (AP)-- The latest on
developments in global
financial markets (all times local): 4:00 p.m. Stocks are closing out their first losing month since February as a quiet summer continues on Wall Street.
Given the absence of a public trading
market of our common stock, and
in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors
in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results,
financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of
development and material risks related to our business; the fact that the option grants involve illiquid securities
in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing
market conditions and the nature and history of our business; industry trends and competitive environment; trends
in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.
«If this gap closed, all else being equal, it would represent the equivalent of $ 19 trillion
in additional
financial market development in today's dollars,» says Garner.
There has been considerable attention paid to recent
developments in China, and this has added to volatility
in global
financial and commodity
markets.
These
developments, or the perception that any of them could occur, have had and may continue to have a significant adverse effect on global economic conditions and the stability of global
financial markets, and could significantly reduce global
market liquidity and restrict the ability of key
market participants to operate
in certain
financial markets.
In the wake of the recent global
financial crisis, several
developments suggest that
market - makers are changing their business models.
These abrupt
market movements were even more pronounced than similar
developments in August, when a sudden correction
in global
financial markets was quickly succeeded by renewed buoyant
market conditions.
The CGFS is a BIS - based committee of senior central bank officials that monitors
developments in global
financial markets for central bank Governors (see www.bis.org/about/factcgfs.htm).
The
developments maybe prominence the continued drive to settle sidestep supports and other
financial entities amidst a duration of heightened activity
in cryptocurrency
markets and growth around the tech more broadly.
For each meeting, the Bank's staff prepare a detailed account of
developments in the Australian and international economies, and
in domestic and international
financial markets.
is a business
development company operating
in several investment and
financial markets in Canada.
In international financial markets the main development recently has been the continued decline in the US dolla
In international
financial markets the main
development recently has been the continued decline
in the US dolla
in the US dollar.