In the workplace
an economic return on investment in a number of comprehensive workplace health promotion programmes and stress management projects (largely in the USA) was reported, while group - based exercise and psychosocial interventions are of potential benefit to older people.
But a dramatic downturn in
the economic return on fracking, and bad news in geological reports about the quality and quantity of methane deposits in New York, made banning it an easy if unexpected decision.
But
the economic return on capital is likely to remain at its historical average (4 per cent to 5 per cent a year).
«TCCC would, under rational thinking, require
an economic return on its investment, most likely through economic profits from concentrate sales. . .
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.
A new report from the president's Council of
Economic Advisers quantifies the extent to which some of these opportunity gaps are weighing on our economy — and the economic returns to reduci
Economic Advisers quantifies the extent to which some of these opportunity gaps are weighing
on our economy — and the
economic returns to reduci
economic returns to reducing them.
What that means is that you are in an environment that is going to have further trouble in terms of investment
returns that are in areas that are based
on economic growth and areas that do relatively well like bonds... Broadly speaking, I think that investors should be looking for lower prices
on most risk assets in these developed countries with the exception of Japan.»
In the U.S. presidential race, Hillary Clinton has proposed tax reforms to curb what she calls «quarterly capital,» the focus by public companies and investors
on rapid
returns instead of long - term profitability and
economic growth.
On the one hand,
economic growth has
returned and is set to continue, while the country is due to end its bailout program in August 2018.
Economists expect Japan will
return to a moderate
economic recovery this year
on improved global demand and
on Abe's fiscal and monetary stimulus.
Resentments of America
returned, 50 years after General Eisenhower's (mainly American) armies had liberated western Europe, including most of Germany, 75 years after General Pershing's Expeditionary Forces saved the victory of France and the British Empire
on the Western Front, and as soon as American firmness and
economic and military power had induced the bloodless collapse of the Soviet empire and Union, and of international communism.
The way you can accomplish this is by creating a ranking system based
on three factors —
economic value, riskiness, and personal satisfaction — and then assigning each item
on our list with a score based
on its expected
return to you
on any of combination of those three factors.
Vanguard is telling investors to expect
returns in the «medium term» of 4 percent to 6 percent, the most cautious outlook it has had
on future stock
returns at any time during the post-financial crisis
economic recovery.
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.
President Donald Trump
on Thursday praised his top
economic adviser Gary Cohn, who announced his resignation
on Tuesday, and said he could
return to the White House in the future.
I focused
on the
economic impact of what it would mean to their business and the estimated financial
return they could make from their investment in iExplore.
As for recouping your investment — I am assuming since this is Mark Cubans
Economic Stimulus plan and not Mark Cubans build my portfolio plan — a
return on your investment over three years plus capitalized interest of that equal to that which would be earned in a money market fund should suffice.
The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes),
economic profit, operating income, operating margin, profit margin, gross margins,
return on equity or stockholder equity, total shareholder
return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position,
return on assets or net assets,
return on capital,
return on invested
We expect the tax bill to offer moderate
economic stimulus — various estimates suggest it could add 0.3 to 0.4 points to real GDP growth annually — primarily through increased corporate investment in response to the higher after - tax
return on investment resulting from the lower 21 % corporate tax rate.
Time variation of the stochastic discount tells us to expect low
returns on equity during good
economic times.
Lastly, Bladex's focus
on Latin America augurs well for its long - term prospects, and a likely
return to growth in the near future, especially when paired with an emphasis
on credit quality that should pay off with reduced downside risk and fewer losses, especially during
economic down cycles.
This firm aligns executives» and shareholders» interests by tying compensation to
economic earnings and has increased its
return on invested capital (ROIC) for five straight years.
For example, Alibaba and Tencent — both
on the forefront of the e-commerce wave in China — have risen by 98 % and 111 %, respectively, so far in 2017.2 Companies such as Sina, a global Internet media company, and Baidu, which operates an Internet search engine, have also generated
returns this year that are nearly as strong or stronger than those of Facebook, Amazon, Netflix, or Google.3 As the world's second - largest economy, China is rapidly evolving from its former status as a noteworthy emerging market to an
economic powerhouse
on the rise.
«
On the other hand, using the same essential measures of valuation and market action, but including periods of major
economic dislocation into the dataset, produces average
return / risk inferences that are substantially less favorable.
As shown in our free report
on CL, the company's
return on invested capital (ROIC)(21.2 %) is in the Top Quintile of all the companies we cover and its
economic earnings are growing.
Despite steady
economic growth, the US stock market suffered through five quarters of earnings recession, in which S&P 500 earnings fell year -
on - year due to falling oil prices and a strong US Dollar,
returning to growth in the third quarter of 2016.
The PRC sets ranges for the balanced asset mix and makes tactical adjustments based
on bottom - up forecasted
returns, relative valuations and an assessment of
economic and market data.
In the Australian experience, notwithstanding some significant transitional difficulties, the move away from using direct controls to implement monetary policy to a system based
on market operations ultimately gave the authorities greater scope to manage the economy, and helped pave the way for a
return to
economic stability.
Figure 1 shows that the difference between
return on invested capital (ROIC) and weighted average cost of capital (WACC), also known as the
economic earnings margin, explains 67 % of the changes in valuations between stocks in the S&P 500 [1].
China's
economic growth rate might slow a little, but this is simply the consequence of China's having gotten much closer to the capital frontier, in which case a lower
return on investment should be accepted.
The tax collector (a euphemism for taxpayers) suffers as investors across the
economic spectrum borrow funds so as to leverage a higher
return on equity.
The
economic gains and market
returns that emerged during the Reagan Administration began from a starting point of 10.8 % unemployment, a current account surplus, and market valuations that -
on the most historically reliable measures - were less than one - quarter of present levels.
With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total
returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads
on low - grade debt blowing out to multi-year highs; and with leading
economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile
return / risk profile we identify — a classification that has been observed in only about 9 % of history.
Obama cited statistics released the same day in the White House's new report from his Council of
Economic Advisers which show that conflicts likely lead,
on average, to 1 percentage point lower annual
returns on retirement savings as well as $ 17 billion of losses every year for working and middle - class families.
In order to find value, it's time to get back to the basics of reading footnotes and focusing
on economic earnings and
return on invested capital (ROIC), the true drivers of valuation.
The common political conversation about our shared
economic future focuses
on achieving an escape velocity where the post-war growth boom can
return as usual.
Tobias Carlisle of Eyquem Investment Management LLC has run the blog since December of 2008 during the global
economic crisis, with a focus
on research - based strategies that have generated long - term, market - beating
returns for investors.
Estimates of prospective long - term
returns for the S&P 500 reflect our standard valuation methodology, focusing on the relationship between current market prices and earnings, dividends and other fundamentals, adjusted for variability over the economic cycle (see for example Investment, Speculation, Valuation, and Tinker Bell, The Likely Range of Market Returns in the Coming Decade and Valuing the S&P 500 Using Forward Operating Ear
returns for the S&P 500 reflect our standard valuation methodology, focusing
on the relationship between current market prices and earnings, dividends and other fundamentals, adjusted for variability over the
economic cycle (see for example Investment, Speculation, Valuation, and Tinker Bell, The Likely Range of Market
Returns in the Coming Decade and Valuing the S&P 500 Using Forward Operating Ear
Returns in the Coming Decade and Valuing the S&P 500 Using Forward Operating Earnings).
Of the other MINTs: Indonesia is in a stable recovery, but the importance of commodities like coal and palm oil means it will not
return to previous growth levels soon; Nigeria's economy remains overdependent
on oil, though Phylaktis sees its «fast - growing population and labor force feeding faster
economic growth over the medium term»; and while «Turkey has a lot of potential,» Lau says, «its political and
economic management is questionable and casts a shadow over the economy.»
It is based
on the belief that, if you can give up some emotional
return, you can double your real
economic return.
Because of a consistent focus
on our clients» needs and orienting our businesses to meet their ongoing objectives, we believe we have provided solid
returns in a challenging period, while seeking to protect our ability to provide significant upside to our shareholders as the
economic cycle turns.
Actual results may vary materially from those expressed or implied by forward - looking statements based
on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations
on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have
on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect
on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have
on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places
on BWW's ability to operate its business,
return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other
economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report
on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
... I am bullish because of (1) the high volume of cash
on the sidelines now
returning to the stock market, spurred by (2) easy year - over-year comparisons for
economic news, and (3) a dramatically improving earnings environment due to easier year - over-year earnings comparisons.
The average
return on invested capital (ROIC) of 20 % for the S&P 500 (SPY) and the increasing
economic earnings of S&P 500 companies supports this thesis.
Great dollar rally of 2014 as Fukuyama's History
returns in tooth and claw China and Japan are
on a quasi-war footing, one misjudgement away from a chain of events that would shatter all
economic assumptions (By Ambrose Evans - Pritchard Tks Fred!)
The Bank of Canada (BoC) opted to leave interest rates unchanged during the first quarter, and we think it is likely to remain
on hold unless
economic weakness and an energy price swoon
return.
Couple that set of optics with early
returns on economic policy and Wall Street likes what it sees from Powell.
OTTAWA — A five - year $ 50 - billion public infrastructure spending initiative would generate a
return on investment to Canadians over the long term as high as $ 3.83 per dollar spent, trigger significant private sector investment and stimulate wage increases, according to a new study by an independent
economic modelling firm.
Conflicts of interest likely lead,
on average, to 1 percentage point lower annual
returns on the retirement savings of middle - class families, according to a recent report by the White House Council of
Economic Advisers (CEA).
The GIC, a group of seasoned investment professionals who meet regularly to review the
economic and political environment and asset allocation models for Morgan Stanley Wealth Management clients, expects the economy — as measured by gross domestic product, or GDP — to grow, but at below the rate to which we have become accustomed, based
on prior second - stage recoveries; stock and bond
returns will likely follow suit.