Sentences with phrase «financial failure of»

Even though many travel insurance policies will cover supplier failure, they do not cover the financial failure of the organization that sells you the insurance.
It's possible the financial failure of Assassin's Creed may have put a damper on Ubisoft's plans to make further movies based on their sizeable roster of games.
Losses incurred due to the financial failure of an airline, hotel, other travel operator, or your travel agent.
SIPC protects investors against losses that stem from the financial failure of a brokerage company.
Investments in bond funds are subject to possible loss due to the financial failure of the underlying securities and their inability to meet their current obligations.
Given the financial failures of French nuclear giant Areva and Japanese - owned and U.S. - based Westinghouse, Korea's withdrawal from nuclear would leave only Russia and China in the global competition for new nuclear construction.
Now, with the financial failures of Areva and Westinghouse, KEPCO is the only Western nuclear firm capable of competing with Rosatom, which is seeking to finance, build, own and operate nuclear plants in foreign nations.
He was recently named to a nationwide debtor blacklist there, had more of his personal assets frozen, and was ordered to return to China by local regulators, all because of the financial failures of his company, LeEco.

Not exact matches

The Manafort / Gates indictment was unsealed Monday morning, and it contains 12 counts: conspiracy against the United States, conspiracy to launder money, unregistered agent of a foreign principal, false and misleading FARA statements, false statements, and seven counts of failure to file reports of foreign bank and financial accounts.
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.
Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) Akorn's failure to comply with FDA data integrity requirements would jeopardize Fresenius» acquisition of Akorn; (ii) the Company lacked effective internal controls over financial reporting; and (iii) as a result of the foregoing, Akorn shares traded at artificially inflated prices during the Class Period, and class members suffered significant losses and damages.
Failure to agree on debt relief to Greece would not only make Greece's return to the markets more abrupt but also compromise the credibility of providing financial assistance to European countries.
«Under - emphasis of these (structural) policies relative to macroeconomic, trade and financial stability policies is a key reason for many governments» failure in recent decades to mobilize a more effective response to widening inequality and stagnating median income as technological change and globalization have gathered force,» the report said.
The bank said the «vast majority» of its clients remained supportive, but the situation still drew comparisons to the 2008 failure of Lehman and the resulting global financial crisis.
The authors also do a fine job unpacking some of the most catastrophic organizational failures of recent times — 9/11, the financial crisis, and the BP oil spill.
Financial advisors call the failure to update beneficiary lists after major life events one of the most common and potentially costly retirement and estate planning errors that savers and investors make.
Failure to agree on debt relief for Greece would not only make Greece's return to the markets more abrupt but could also compromise the credibility of providing financial assistance to European countries.
Now, with the relatively recent string of primary dealer failures (Countrywide, Bear Stearns, Lehman, Merrill, and now MF Global), a rational observer might think the NY Fed had moved to beef up surveillance activities designed to protect the financial system from excessive risk taking at primary dealers.
«It has huge impact on the competence of the financial markets of the states,» said Bredesen of the failure of individual states.
Vlieghe was addressing questions regarding recent comments from the Bank of England's chief economist Andy Haldane likening the failure of economists to predict the 2008 financial crisis to Michael Fish's weather forecast on the eve of the Great Storm of 1987.
The disclosure said that the company may face product liability claims due to «failures of new technologies that we are pioneering, including autopilot in our vehicles,» adding that «product liability claims could harm our business, prospects, operating results and financial condition.»
Chuck Piola — top seller at NCO Financial Systems, a $ 3.9 - million collection agency in Blue Bell, Pa. (see «48 Hours with the King of Cold Calls,» June 1991), drew inspiration from the pages of How I Raised Myself from Failure to Success in Selling.
Yet our failure to live up to our financial resolutions is not simply a matter of surrendering to Dionysian impulses.
«I think the major emotion [I've felt] has been that of failure,» says Robin Hardy, whose company The Moosey Group Inc. taught adults and children financial literacy.
Gates was charged with 24 counts related to tax fraud, bank fraud, bank - fraud conspiracy, and failure to file reports of foreign bank and financial accounts.
Among the allegations were charges of «failure to file reports of foreign bank and financial accounts.»
«Our success is primarily dependent on audience acceptance of our films, which is extremely difficult to predict and, therefore, inherently risky... Our business is currently substantially dependent upon the success of a limited number of film releases each year and the unexpected delay or commercial failure of any one of them could have a material adverse effect on our financial results and cash flows.»
The producer of hockey comedy Goon says piracy doomed the film to financial failure.
The U.S. Federal Reserve unveiled a final rule on Wednesday designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market.
And since a few financial institutions played multiple roles in the market, some of the banks that were paid to back ABCP now stand to actually make money from its failure.
The rule is designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market.
Once you've put such a plan in place, ideally by the time you're in your forties, «the plan should be able to survive everything except major changes in your life, such as the death of a close family member or failure of part of your business,» says Dick Cummins, director of personal financial services in Coopers & Lybrand's New York City office.
A few years ago U.S. investor and highly - regarded author Barry Ritholtz summarized the multitude of instances where McKinsey strategists were embroiled in financial messes around the globe — the firm was once described as «the company that built Enron» and its advice has been connected to numerous corporate failures.
Tarullo has said he favors the sliding scale version of the surcharge that would rise according to the «expected impact» of a bank's failure on the financial system.
In a speech last week, Fed Governor Daniel Tarullo said additional capital requirements are needed to prevent systemwide financial instability that could be caused by the failure of one of the world's biggest or most interconnected banks.
Failure to successfully market our products and brand in new and existing markets could harm our business, results of operations and financial condition.
At the same time, a series of corporate scandals; failures in the financial, housing, and insurance sectors; and taxpayer bailouts of mismanaged businesses have fostered consumer distrust and skepticism of marketers» messages.
The housing bubble in the United States, which triggered the financial crisis in 2008, had highlighted the danger of using the financial system to make up for the failures in social policies.
In this workshop - style session, we'll learn from past failures and discover what visionary technologists in various fields (from cyber security to data analytics, insurance to financial services) can do to work together and find a solution to one of the most pressing issues of our time.
The Lehman failure was significant because it was the first time in the crisis that losses were incurred by creditors of a major financial institution.
A CFPB spokesperson said in an email to Vox that the bureau is authorized to take «supervisory and enforcement action against certain institutions engaged in unfair, deceptive, or abusive acts or practices, or that otherwise violate federal consumer financial laws,» including the failure of institutions to engage in «reasonable data security practices» in connection with consumer report information.
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.
Failure to achieve this single KPI means the company is unable to increase oil and gas production year after year, reflecting negatively in the financial performance of the company's profit & loss statement.
Under the 2010 Dodd - Frank Act, which toughened financial regulations in an effort to avoid a repeat of the 2008 crisis, the oversight panel had the power to designate non-bank institutions such as AIG as systemically important financial institutions, meaning that their failure could pose a risk to the entire financial system.
Dodd - Frank created a new group of regulators, the Financial Stability Oversight Council, tasked with overseeing all finance firms — not just banks — whose failure could provoke a financiaFinancial Stability Oversight Council, tasked with overseeing all finance firms — not just banks — whose failure could provoke a financialfinancial crisis.
He pointed out that the failure of two or three such institutions would put us in «Lehman Brothers territory,» referring to the investment bank that filed for bankruptcy in September 2008, precipitating the financial crisis.
This is a result of the economic crisis and the associated market failures of the incumbent financial services industry, which provides financing to small - and medium - sized enterprises (SMEs).»
The logic behind this position is that the government, through its implicit support of certain financial institutions, has actually encouraged those institutions to grow to the point where their failure could endanger the entire economy.
A failure for DB, with its massive, multi-trillion dollars worth of derivatives exposure, would virtually guarantee a financial crisis and global recession.
Micah Hauptman, financial services counsel with the Consumer Federation of America, agreed that failure of the override was inevitable.
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