Not exact matches
The
end result is likely to be a win - win for businesses and employees: The former will avoid costly penalties while the latter are assured
of receiving the benefits to
which they are entitled.
And although the method was unorthodox (the company used a reverse merger with a defunct mining company called InterMet Resources,
which allowed it to take over its ticker symbol), the
end result is that the company has a market cap
of over $ 100 million.
Further, PDC urges you to carefully review and consider the cautionary statements and disclosures, specifically those under the heading «Risk Factors,» made in its Quarterly Report on Form 10 - Q, its Annual Report on Form 10 - K for the year
ended December 31, 2016 (the «2016 Form 10 - K»), filed with the U.S. Securities and Exchange Commission («SEC») on February 28, 2017 and amended on May 1, 2018, and other filings with the SEC for further information on risks and uncertainties that could affect the Company's business, financial condition,
results of operations, and prospects,
which are incorporated by this reference as though fully set forth herein.
Actual
results and the timing
of events could differ materially from those anticipated in the forward - looking statements due to these risks and uncertainties as well as other factors,
which include, without limitation: the uncertain timing
of, and risks relating to, the executive search process; risks related to the potential failure
of eptinezumab to demonstrate safety and efficacy in clinical testing; Alder's ability to conduct clinical trials and studies
of eptinezumab sufficient to achieve a positive completion; the availability
of data at the expected times; the clinical, therapeutic and commercial value
of eptinezumab; risks and uncertainties related to regulatory application, review and approval processes and Alder's compliance with applicable legal and regulatory requirements; risks and uncertainties relating to the manufacture
of eptinezumab; Alder's ability to obtain and protect intellectual property rights, and operate without infringing on the intellectual property rights
of others; the uncertain timing and level
of expenses associated with Alder's development and commercialization activities; the sufficiency
of Alder's capital and other resources; market competition; changes in economic and business conditions; and other factors discussed under the caption «Risk Factors» in Alder's Annual Report on Form 10 - K for the fiscal year
ended December 31, 2017,
which was filed with the Securities and Exchange Commission (SEC) on February 26, 2018, and is available on the SEC's website at www.sec.gov.
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.
One
of our most popular features,
which allows physicians to customize practice information on their education platforms, was the
result of many conversations with the
end user.
As a
result of their previous relationship — one in
which Cho says he had proved his intellect and work ethic — Open View
ended up contributing to Spredfast's C - round
of financing.
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.
Because these charges relate to assets
which have been retired prior to the
end of their estimated useful lives and severance costs for eliminated positions, Cree does not consider these charges to be reflective
of ongoing operating
results.
The
end result of these experiments is to achieve «ignition»
which means inducing more energy out
of the process than what was put in.
The marketplace,
which currently includes 35 products, is expected to more than double its offerings by the
end of 2018, as a
result of this latest investment.
But one
of the most pernicious things about health - related stress is that it seems to become a self - perpetuating cycle: people who are stressed about their health
end up experiencing worse health as
result,
which then stresses them out more.
The analysis used to calibrate next year's index view involves nine different methods, including a normalized earnings yield gap approach, the P / E Bulls - Eye, currency measures, and consumer confidence,
which supports a 1,900 year -
end result for the S&P 500 - 4 % above the previously released June 2014 expectation
of 1,825.
And now that the time for revisionist history has arrived, and strategists no longer have to serve a political agenda and scare investors and traders into voting with their wallets, the research reports calling for precisely the outcome that we expected are coming in fast and furious, starting with none other than Goldman, whose chief strategist David Kostin issued a note overnight in
which he says that «the equity market response to the election
result will be limited» and adds that «our year -
end 2016 price target for the S&P 500 remains 2100, roughly 2 % below the current level
of 2140.»
The
end result, investors say, is that the national team is unwittingly encouraging short - term trading patterns that amplify the detachment
of stock markets,
which have become less responsive to fundamental drivers such as earnings trends, domestic economic data and shifts in global markets.
As argued in an earlier piece (Deficit Outcome for 2010 - 11 will be $ 7 billion lower than forecast in October 2010 Update — December 2010: www.3dpolicy.ca), we expect that the deficit in 2010 - 11 will be at least $ 7 billion lower than forecast in the October 2010 Update, based on the financial
results to the
end of October 2010 and an analysis
of the impact
of one - time accrual liabilities
which inflated the 2009 - 10 deficit outcome.
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.
The
end result would be a trade war in
which everybody loses — and ultimately, it could mean the
end of North America's economic integration.
But you may have encountered a problem where it wasn't always easy to meet the minimum deposits required to invest in some
of the funds you want,
which means that the
end result was oftentimes that you'd have a portion
of your money sitting in a money market fund instead
of your desired ETF.
In addition, the year - to - date
results do not reflect the regular
end -
of - year adjustments,
which include final tax accrual adjustments as well as estimates
of the cost
of liabilities incurred during the fiscal year but for
which no payment has yet been made.
As for the second failure,
which was directly related in
result of the first failure, I could not invest $ 3000 more by the
end of the year in 3 new stocks.
The accrual adjustments to date, especially for personal and corporate income tax revenues, are understated,
which will
result in significant downward adjustments over the balance
of the year, especially in the
end -
of - year accounting period.
The accrual adjustments to date for personal and corporate income tax revenues, could be understated,
which will
result in significant downward adjustments over the balance
of the year, especially in the
end -
of - year accounting period.
We caution you that these statements are not guarantees
of future performance and are subject to numerous risks and uncertainties, including volatility in the economy and the credit markets, supply and demand changes for vacation ownership and residential products, competitive conditions; the availability
of capital to finance growth, and other matters referred to under the heading «Risk Factors» contained in our Annual Report on 10 - K for the year
ended December 30, 2011 filed with the U.S. Securities and Exchange Commission (the «SEC») and in subsequent SEC filings, any
of which could cause actual
results to differ materially from those expressed in or implied in this presentation.
Other accrual liabilities,
which could
result in large adjustments at year
end, although the Department
of Finance noted that part
of the increase in direct program expenses to date was attributable to «an increase in the accrual cost
of employee and veteran future benefits».
Whatever strategy is used to understand employee silence, the
end result should be a culture
which encourages the free flow
of information and feedback
resulting in higher employee engagement and organizational effectiveness.
They plan to complete 20 to 25 remodels in the first quarter after
which we will read the
results, and assuming that same - restaurant guest count growth target
of 3 % to 4 % is achieved then we'll begin an aggressive rollout in the second half
of fiscal 2013 with plans to complete this system by the
end of fiscal 2015.
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.
As I stated at the time, the intense debate leading up to the official unveiling
of the plan gave the perception
of an
end -
result, but the FCC's plan is merely a set
of proposals and guidelines that basically frame the real debate —
which is just beginning.
2018.02.23 Royal Bank
of Canada reports first quarter 2018
results Royal Bank
of Canada (RY on TSX and NYSE) today reported net income
of $ 3,012 million for the first quarter
ended January 31, 2018,
which includes the impact
of the U.S. Tax Reform (1)
of $ 178 million, or $ 0.12 per share, primarily related to the write - down
of net deferred tax assets.
Which means the net
result of his $ 5,500 Roth conversion will be $ 147
of after - tax funds that are converted, $ 5,353
of the conversion will be taxable, and he will
end out with a $ 5,500 Roth IRA and $ 200,000
of pre-tax IRAs that still have $ 5,353
of associated after - tax contributions (the remaining portion
of the $ 5,500 non-deductible contributions that were not converted).
However, after that fast start, things settled back, so that as we
ended the first half
of the trading day, the Dow's gain,
which reflected ongoing optimism on the earnings front (as Corporate America continues to release
results for the third quarter) and evolving hopes that whatever the dysfunction now in Washington, a meaningful tax reform package will get passed.
As a
result, the overall percentage
of companies issuing negative EPS guidance to date for the current fiscal year stands at 65 % (164 out
of 252),
which is below the percentage recorded at the
end of March (69 %).
The initial January 2009 Budget fiscal forecast for 2009 - 10 was based on preliminary fiscal
results for 2008 - 09 (the base year),
which included data available only to the
end of November 2008.
The president has until the
end of the week to either release the memo or object to its public release (
which would
result in a full House vote on making the memo public).
At the
end of the process, the
result is usually the same as though we were being ruled by decree from the Prime Minister's Office —
which, in effect, we are.
For the January 2009 Budget, nominal GDP
results would have been available only for the first nine months
of 2008,
which were released by Statistics Canada at the
end of November 2008.
We caution you that these statements are not guarantees
of future performance and are subject to numerous risks and uncertainties, including volatility in the economy and the credit markets, supply and demand changes for vacation ownership and residential products, competitive conditions; the availability
of capital to finance growth, and other matters referred to under the heading «Risk Factors» contained in the Information Statement filed as an exhibit to our Annual Report on Form 10 - K for the year
ended December 30, 2011 filed with the U.S. Securities and Exchange Commission (the «SEC») and in subsequent SEC filings, any
of which could cause actual
results to differ materially from those expressed in or implied in this presentation.
My average gross savings rate exceeded 50 % for 9 years and the
end result is: — 61 %
of my wealth has come from saving; and — 39 % from investment return on a balanced low expense low tax portfolio
of assets
which has achieved a CAGR
of 6.9 % over that period.
One often cited reason for the stock market rally at the
end of the year is window dressing by investment funds — i.e., investment funds support prices at year -
end in order to prettify their
results —
which has the purely coincidental side - effect
of boosting bonus payments,
which are often calculated at the turn
of the year.
An
end of QE would likely
result in higher long - term interest rates,
which have been pushed to historic lows on account
of the Fed's massive bond - buying program.
As a
result, the overall percentage
of companies issuing negative EPS guidance to date for the current fiscal year stands at 56 % (149 out
of 265),
which is below the percentage recorded at the
end of September (61 %).
If there is not full support for the hard fork from bitcoin holders, the
end result could be a split
of Bitcoin into two separate cryptocurrency networks,
which could cause extreme brand confusion among the general public (depending on the severity
of the split).
In other words, you'd
end up with 150 % more money as a
result of a 0 % turnover portfolio than you would be investing in the 100 % turnover portfolio,
which lowered the compound annual growth rate (CAGR) to 14.6 %.
In the six months
ended March 31, 2018, as a
result of the U.S. Tax Cuts and Jobs Act, Post recorded a $ 265.3 million one - time income tax net benefit
which included (i) a $ 272.4 million benefit related to an estimate
of the remeasurement
of Post's existing deferred tax assets and liabilities considering both the expected fiscal year 2018 blended U.S. federal income corporate tax rate
of approximately 24.5 % and a 21 % rate for subsequent fiscal years and (ii) a $ 7.1 million expense related to an estimate
of the transition tax on unrepatriated foreign earnings.
While his bootstrapping approach created huge risks, the
end result of not raising much equity was that he did not take a lot
of dilution,
which made him extraordinary wealthy as the business grew.
As you can, 3
of the last 5 «sell» signals
ended in whipsaws
which resulted in buying back in 6 %, 9 % and 8 % higher, respectively.
KATHMANDU, Nepal — Fuel - starved Nepal has signed an agreement with China to import gasoline, diesel and cooking gas, effectively
ending a monopoly on supply from India,
which has restricted fuel convoys as a
result of political protests in the Himalayan nation.
The
end result was a collection
of capital assets
which are unlikely to ever produce a decent return on the original investment.
The inevitable
result of financial innovation gone awry,
which it ALWAYS does, is that it ALWAYS
ends up empowering the State.