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.
While many Amazon sellers are upset
over this change — due to the added cost and process of shipping prepaid
return labels — Amazon is certainly
doing this to improve consumers experiences.
«While we believe most of the price damage is
over for this correction, we
do not think we are going to
return to the same level of low volatility of the recent past,» he said.
This Albert Brooks romantic comedy starring Meryl Streep is an entertaining look at the afterlife, which is really a court proceeding where it is decided if you move on or
return back to earth to
do it all
over again.
The payoff: Risk doesn't guarantee higher average
returns, but it makes them more likely
over the life of a long - term investment.
While Amazon's stock has performed well, any individual stock can
over - or under - perform and past
returns do not predict future results.
«When you
do outdoor events,» says Russell, who went to high school across the river on 98th Street and played sports on Governors Island's athletic fields as a kid, «you are expected, both contractually and on a personal level, to
return the park in the same condition, if not better than, it was in when you first took it
over.
When she became pregnant and a midwife instructed her not to lift packages
over 20 pounds, Young asked to
return to UPS to
do either light duty or her regular job as a truck driver, which seldom required her to lift heavy boxes.
«When you look at our track record of what we've
done over the last several years, you've seen that effectively we were
returning to our investors essentially about 100 percent of our free cash flow.
And while NerdWallet emphasizes that past market performance doesn't guarantee you'll earn the average historical
return of 10 % in the future, the value of investing in stocks
over a long period of time is still significant.
Only when they realized that Walmart turned
over its inventory six times a year — therefore creating the selfsame 120 %
returns on capital invested in inventory —
did the skeptics realize how competitive Walmart could be.
These protections sought to ensure that internet service providers treat web content equally and
do not block or prioritize some content
over others in
return for payment.
When I
did my MBA at Rotman in 2000, I sat
over an accounting textbook learning generally accepted accounting principles, closed the book, wrote the exam, and now I can barely file a tax
return.
Because spreading your money across different investments decreases your risk, increases your upside
returns over time and
does not cost you anything.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers
do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty
returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products
over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
However, all investors
do have control
over two huge factors that can put a serious drag on long - term
returns: investment costs and taxes.
You won't get massive
returns, but you'll still
do well; it's up about 10 %
over the last 12 months and 35 % since February 2008.
Over 66 million Americans don't have money saved for retirement, making the idea of selling their home for a quick
return and then renting cheaper properties an enticing solution for retirement.
With tax season finally
over (unless you asked for a tax extension), this is good time to reflect on what you can
do for next year in order to make preparing your
returns a more pleasant experience.
Forking
over a wad of cash to promote the company might seem like the thing to
do, but if your
return on your investment is next to nothing, it could kill your company.
According to Congressional Budget Office estimates, enacting the bill would shrink the federal budget deficit by $ 175 billion by 2020, lift GDP by 5.4 %
over the next 20 years, increase national productivity, balloon the workforce by about 5 % by 2033, raise the
return on capital, and (although the CBO didn't put it this way) create a $ 46 billion windfall for entrepreneurs supplying security operations along the U.S. southern border.
If you
do the calculation that way, DuPont's average
return on its investments during that time is just
over 9 %.
Even if you were to put the broader issues aside, the best way to calculate DuPont's
return over time would not be the way Trian has
done it.
Some businesses and events that had boycotted the state
over H.B. 2 — like the NCAA Men's Basketball Tournament — decided to
return anyway, and North Carolina
does improve to No. 28 from No. 30 last year in Quality of Life.
... We
did provide a 38 % shareholder
return over the last year... Having said that, it is not an economic decision to me.
This is nowhere more evident than in
returns on retirement saving, which are subject to wide ranges of annual variability and cumulative variability
over various time horizons.30 This central aspect of reality
does not come to the fore in deterministic modelling.
I've tracked home prices in areas that I would have considered buying, and the truth is that home values
over the long run
do not
return anywhere near the S&P 500 index.
«I don't know how many things you invest in,» Schultz shot back, «but I would suspect not many things, companies, products, investments have
returned 38 %
over the last 12 months [like we
did]... [this] is not an economic decision to me... we're making this decision [for our people]... to embrace diversity.
The founder of Vanguard Group thinks a conservative portfolio of bonds will only
return about 3 percent a year
over the next decade, and stocks won't
do much better.
If you've ever had occasion to look into the academic research comparing different types of
returns from stocks that have different characteristics, as a class, dividend stocks tend to
do better than the average stock
over long periods of time.
What we have really seen
over the past several years, in terms of the appreciation of markets and the decline of interest rates based on what the Fed has been
doing, is a result which has eliminated the possibility of investors in bonds and stocks to earn an adequate
return relative to their expected liabilities.
Standard deviation
does not indicate how an investment actually performed, but it
does indicate the volatility of its
returns over time.
And if we've learned anything
over the last few years, it's that expected
returns do not equal realized
returns, and expensive markets don't have to crash in order to reach some sort of equilibrium.
The reality is that one doesn't need interest rates reasonably estimate 10 - year prospective market
returns, just as one doesn't need interest rates to calculate that a $ 100 expected payment in 10 years, at a current price of $ 65, will result in an expected total
return of 4.4 %
over the coming decade.
Though we don't use the Coppock indicator in its popular form, the 29 signals in this measure since 1900 have been associated, on average, with market
returns of 19.6 %
over the following year, and only 3 yearly losses among those signals (one because of the entry into World War II, and the others because the signals were driven by the reversal of a very weakly negative reading, as was the case for the latest signal).
Another pattern: while stocks have certainly beaten inflation
over the long run, they've
done poorly within the high - inflation periods themselves: try the inflation - adjusted
returns for 1916 - 1918, 1946 - 1947, and 1973 - 1981.
These investors may have to accept lower long - term
returns, as many bonds — especially high - quality issues — generally don't offer
returns as high as stocks
over the long term.
Tadas
over at Abnormal
Returns did a nice job summarizing some of the current thinking from many different sources on the 60/40 portfolio.
If you
return your signed proxy card or vote by proxy
over the Internet but
do not mark the boxes showing how you wish to vote, your shares will be voted FOR the election of the director nominees named in this proxy statement, FOR the ratification of the appointment of our independent registered public accounting firm, FOR the amendment of the 2004 Plan, and in the discretion of the proxy holders for any other matter that may properly come before the Annual Meeting.
Over the long term the nominal
return on a duration - managed bond portfolio (or bond index — the duration on those doesn't change very much) converges on the starting yield.
This is utterly different from true discounting - which
does not rely on multiples, but instead carefully traces out the likely path of future revenues, profit margins, cash flows and earnings
over time, and explicitly discounts expected payouts and probable terminal values back at an appropriate rate of
return.
If current levels were to turn out, in hindsight, to be the final lows of this decline, I suspect that the overall
return over the next cycle (by the time we
do observe a full 20 % loss) will be as tame as we've seen since the bull market started in 2003.
The Vanguard Group has
done numerous studies on the impact of fees on
returns, and found that compounded
over time, they are quite substantial.
But while online marketplaces will guarantee you a lot of visibility, there's a lot you have to give up in
return: marketplaces often take a significant cut of your sales, you're not in control of the look and branding of the site and sometimes you don't even have control
over the pricing of your products.
So far, the S&P TSX is among the worst performing markets in the world this year;
over a longer horizon, it doesn't get much better, with Canadian equities having delivered a paltry 4 per cent annualized
return over the past decade.»
The REIT
DOES charge performance fees once the performance crosses
over the
return threshold.
Some investors are particularly sensitive to market conditions; for example, some investors
do not buy certain types of securities because the
returns have been too low for their taste
over the past several years.
The flow of cheap money didn't stop in the U.S. Financial experts say it ended up chasing higher
returns all
over the world, especially in emerging markets, where investors supplied the capital for projects in places such as China and Brazil and contributed to the excesses in property markets including London; Sydney, Australia; and Vancouver, Canada.
For instance, higher volatility
does not always coincide with lower
returns or losses
over any given year.
Likewise, investors might have believed that the extraordinarily elevated market valuations of 1929 and 2000 were «justified» by the recent economic prosperity, but that
did nothing to prevent the market collapses that completed those cycles, with
over a decade of negative total
returns for the S&P 500 in both cases.