Not exact matches
Some equity analysts lowered ratings on Canadian
companies they previously believed might be takeover targets (Talisman Energy,
for example), invoking the logic that the Petronas - Progress blockage would drive
foreign buyers to shop elsewhere.
For more than a quarter century the federal government has approved almost all
foreign takeovers of Canadian
companies.
It's challenging
for any
foreign company to break into the U.S. market — and the U.S. is not a nation of tea drinkers.
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
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
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
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
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
foreign laws, and domestic and
foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other
foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
This has a growing number of technology industry executives spooked, and
for good reason:
Companies including Amazon, Apple and Google rely on
foreign talent, and have spent millions lobbying Congress to raise the H - 1B visa cap.
The H - 1B program, which allows US
companies to bring in
foreign workers in specialized fields like math, science and engineering, has long been a magnet
for controversy.
WICHITA, Kan., May 2, 2018 / PRNewswire / — Spirit AeroSystems Holdings, Inc. (NYSE: SPR) today announced a definitive agreement to acquire S.R.I.F. N.V., the parent
company of Asco Industries, N.V. (Asco),
for $ 650 million in cash, subject to customary closing adjustments, including
foreign currency adjustments.
The Democratic candidate
for president also attacked the
company for last year laying off 250 technology workers after requiring some of them to train their replacements:
foreign employees hired on temporary H - 1B visas
for highly skilled technical workers through an Indian outsourcing firm.
This is both the second
foreign investment and the second space investment
for Boeing HorizonX Ventures, which contributed to the $ 15 million funding round
for Australian satellite
company Myriota last month.
In November, finance minister Bill Morneau announced upcoming changes to the Temporary
Foreign Workers program, which will simplify and speed up the hiring process
for high - growth (mainly tech)
companies recruiting from abroad.
China rebuked several
foreign companies for listing Hong Kong, Macau, Taiwan and Tibet as separate countries
The idea was to highlight six areas of focus to drive growth: making innovation a «core Canadian value,» establishing nationwide scientific excellence, creating world - leading «clusters and partnerships,» growing Canadian
companies, developing a digital - first economy, and making Canada a top location
for foreign investment.
Richard White of WiseTech Global discusses the importance of mergers and acquisitions
for the
company to gain access to
foreign markets.
The Swedish
company said it expected revenue
for the second quarter of between 1.1 billion and 1.3 billion euros, up 10 percent to 29 percent year on year, including
foreign currency fluctuations.
Canada's tech industry is plagued with problems, not the least of which is a tendency
for our startups to sell early or license their technology to
foreign - based, usually American
companies.
«There is not the least reason
for Marriott and the other
foreign companies to list these regions as independent countries on any occasion.
Most recently, Todd served as a managing partner
for two and a half years at a trading and research
company specializing in the
foreign exchange markets.
Certainly, Tillerson has committed billions of Exxon shareholders» money to Russia, and even if he cuts his own financial ties to the
company, it will be hard
for him to pursue any kind of
foreign policy that undoes much of his life's work.
For example, Raof Latiff Abdul, Head of JP Morgan Treasury Services for ASEAN, pointed out in a recent report that foreign companies often «struggle to build their operations in China» (not least because of the need to establish local partnership
For example, Raof Latiff Abdul, Head of JP Morgan Treasury Services
for ASEAN, pointed out in a recent report that foreign companies often «struggle to build their operations in China» (not least because of the need to establish local partnership
for ASEAN, pointed out in a recent report that
foreign companies often «struggle to build their operations in China» (not least because of the need to establish local partnerships).
The financial affairs of numerous previously low - key unlisted or
foreign - owned
companies headquartered in Western Australia have been released by the Australian Taxation Office
for the second year running.
Whether it's the startups themselves, the international and domestic investors, the ecoystem
for foreign and domestic
companies, or the accelerators, it's certain Tel Aviv is emerging as a serious rival to other global tech hubs and is opening its doors to the world.
OTTAWA — Ottawa is considering a further crackdown on its embattled temporary
foreign worker program that could result in higher fees
for companies hoping to hire
foreign help and an elimination of the practice altogether in areas of high unemployment, The Canadian Press has learned.
In 1947 he founded the
company that became the Olayan Group, which gained a reputation as a favored «local partner» — a requirement at the time
for all
foreign companies.
The employees were in Spain as part of a program called GHouse, in which the
company rents an apartment in a
foreign city and sends groups of six staffers there
for two - week spells to come up with innovative ideas.
Treasury's Office of
Foreign Assets Control added six individuals and 10
companies and other entities to its sanctions list, saying they have helped people previously penalized
for North Korea's weapons development, facilitated North Korea's energy sector and enabled entities to bypass sanctions to get access to the U.S. and international financial system.
Government officials also floated the possibility of significantly higher fees
for companies seeking temporary
foreign workers.
BC's provincial government has made a concerted effort to make it easy
for U.S. tech
companies to open offices in Canada, providing financial incentives and working with the federal government to expedite visas
for skilled
foreign workers.
«U.S.
companies could claim
foreign tax credits against their U.S. tax bill
for any tax - related payments to European Union member states.»
The Trump administration has also taken steps to make it harder
for American
companies to hire skilled
foreign workers through the H - 1B visa program.
Witness the new rules
for takeovers by «state - owned enterprises» —
companies owned by a
foreign government — recently unveiled in the budget omnibus bill.
In June the Canadian government implemented a package of immigration reforms, known as the Global Skills Strategy, aimed at fast - tracking visas
for skilled
foreign workers — some can get processed in as little as two weeks — and providing a concierge service that will walk
companies through the process of opening an office on Canadian soil.
For more than two decades, both have permitted
foreign companies to establish a separate air carrier within their borders.
The legislation is stricter and offers far less clarity than expected: it expands the definition of state - owned enterprises (SOEs) to include any
company that is «influenced, directly or indirectly» by a
foreign power or,
for that matter, any person under government direction.
The dollar weakened by 8.5 percent in 2017, creating a tailwind
for the technology sector and certain multinational
companies that should benefit from lower tax rates on the repatriation of
foreign profits.
Apple chose Jersey, which has a zero percent corporate tax rate
for foreign companies.
After ending her journey toward the
Foreign Service, Bev went to work as an account executive
for the Chesapeake & Potomac Telephone
Company (which later became part of AT&T).
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.
The Competition Policy Review Panel last week delivered its long - awaited report on Canada's
foreign investment practices, recommending changes to the country's ownership rules and stressing the need
for Canadian
companies to be more competitive abroad.
Beyond the performance of the assets in Temasek's portfolio, the market will likely be watching
for the
company's outlook after Singapore's GIC, which manages the city - state's
foreign reserves, issued a cautious outlook on Monday.
In a vote today, the U.S. Senate passed a historic immigration reform bill whose provisions include a visa
for foreign - born startup founders and an increase in the number of visas available to highly skilled workers employed by technology
companies.
With so many U.S. corporations racing to the bottom — moving manufacturing to
foreign countries
for cheap labor and no environmental responsibility, taking advantage of the H1 - B Visa program to bring cheap workers in, lowering benefits and eliminating pension plans — it's refreshing to learn that some
companies are taking the exact opposite approach.
China,
for example, still imposes many restrictions on
foreign capital, and its currency regime restricts
companies from trading in the yuan.
Earlier this month, it was revealed the number of applications
for H - 1B visas — a similar, coveted program
for companies to onboard specialized
foreign labor — declined
for the second year in a row, as the administration moves to streamline the program.
If not
for foreign exchange fluctuations, revenue would have risen narrowly, the
company said.
FWD.us also fired back against proposals to limit programs like the H - 1B visa that allows U.S.
companies to employ
foreign workers, calling any plan to «radically restrict pathways»
for skilled immigrants to come to the U.S. «just wrong.»
Mosaic, which has a market cap of $ 38 billion, could now be up
for a takeover by a
foreign agribusiness
company.
The law makes it cheaper
for multinational
companies to repatriate
foreign cash, and they could use that money to fund deals.
«We will, as always, provide an open, transparent and good environment
for foreign companies in China,» she said.
The
company is asking the
Foreign - Trade Zones Board
for permission to do so.
They were then sued
for trademark infringement by a
foreign company who had no product, no customers and no employees in the US.