Typically, when analyzing a property, investors assume an exit capitalization rate that is higher than the entry cap rate by 0.5 - 1 percentage points to account
for the uncertainty of future cash flows expected to be received by the property under consideration over the holding period.
This sounds like a prudent practice to account
for the uncertainty of the future state of the market, however, such an assumption may not reflect the true path of cap rates over the investment holding period.
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.
Concerns over
future oil investment come during a time
of uncertainty for the industry.
Such factors include, among others, general business, economic, competitive, political and social
uncertainties; the actual results
of current and
future exploration activities; the actual results
of reclamation activities; conclusions
of economic evaluations; meeting various expected cost estimates; changes in project parameters and / or economic assessments as plans continue to be refined;
future prices
of metals; possible variations
of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; failure
of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks
of the mining industry; political instability; delays in obtaining governmental approvals or financing or in the completion
of development or construction activities, as well as those factors discussed in the section entitled «Risk Factors» in the Company's Annual Information Form
for the year ended December 31, 2017 dated March 15, 2018.
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 development casts fresh
uncertainty on the
future for Suniva, the company that fought
for and won stiff tariffs on solar panel imports from the administration
of President Donald Trump in January, but still has not restarted manufacturing at its U.S. factories.
Still, McDermott warns that there's a lot
of uncertainty in the
future for robo - advisers.
«
For me the biggest challenge is the regulatory
uncertainty in the US and the
future of US - China relations,» said Miranda So, a Hong Kong - based partner at law firm Davis Polk.
These risks and
uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues
for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement
for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount
of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and
future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability
of funding
for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction
of generic versions
of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect
of lowering prices or reducing the number
of insured patients; the possibility
of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels
of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits
of the Sangamo partnership; Gilead's ability to submit new drug applications
for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all,
for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages
of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development
of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate
of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's
future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
These risks and
uncertainties include competition and other economic conditions including fragmentation
of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance on third - party vendors
for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect
of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy
future capital and liquidity requirements; the Company's ability to access the credit and capital markets at the times and in the amounts needed and on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
In light
of the need
for prompt action to avoid continued
uncertainty regarding the
future of the Rule and PTEs, the Department concluded that a 45 - day comment period would provide adequate time
for the public to provide input, generally, and on the threshold questions raised in the Presidential Memorandum.
And now that Obamacare remains the law
of the land under a hostile White House and Congress, insurers may be feeling the pinch
of uncertainty over what the
future holds
for Obamacare's marketplaces.
His justification
for the delay was that
uncertainty on the
future of oil prices made it difficult to plan his budget.
Certain statements in this press release regarding the Company's expected
future shipment volumes, gross margins, and its ability to receive the required government approvals
for the sale
of six solar power projects in California, are forward - looking statements that involve a number
of risks and
uncertainties that could cause actual results to differ materially.
My question
for the FIRE community is how do you plan
for a 40 - 50 year retirement when there is so much
uncertainty around the
future of taxes and safety nets?
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.
Huge requirement
for Capital expenditure and also the
uncertainty associated with the probability & possibility
of finding economically exploitable reserves makes one cautious
of the
future of specific upstream companies.
His excuse was that rapidly falling oil prices were creating an unusual high degree
of uncertainty for budget planning and that he needed more time to assess the
future course
of oil prices and their impact on the economy.
Given the company's relatively strong position now and the
uncertainty of the
future, some Wall Street sources are scratching their heads wondering why the Nordstrom family would even consider cutting a deal that would give a new investor preferred shares, noting that the idea was likely thrown on the table to see what would trigger private equity interest.That has brought some private equity firms back in
for another around
of talks, but one source noted: «Private equity these days don't really want to commit any money to brick - and - mortar.
Analysing what drives the behaviour
of these liquidity providers is a precondition
for understanding how well placed markets are to accommodate potential
future shifts in supply and demand, particularly during times
of elevated market
uncertainty.
Rick Frisbie: I think there are some expectations
of uncertainty out there when you look at implied dollar
futures out around the election, there is some expected volatility, but certainly we have lived in this kind
of «TINA» world («There Is No Alternative») to equities and that has been a big boon
for them.
With the Brexit vote is complete, and the divorce proceedings
of the UK from the European Union is now afoot, with considerable
uncertainty and no real precedent, the
future implications
for UK's property markets are significant.
Most likely, the near
future for a company might not look quite as bright as the recent past or there's a great deal
of uncertainty about the company
for one reason or another.
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.
The
future of work is always changing, creating
uncertainty, but we think the long - term prospects
for jobs, economic growth and the outlook
for future generations are favorable.
The company cautions 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 company's most recent Annual Report on Form 10 - K 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 press release.
Creating
uncertainty in world financial markets, the
future of the European Union, the pace
of globalization, how to strategically plan
for an eventual exit, and how to prepare
for potential risk from this event.
The degree
of uncertainty that exists in the economics
of business is having a transformative impact on how businesses today foresee and plan
for the
future.
There have been long queues outside exchange offices
for weeks in Iran, as
uncertainty over the
future of the P5 +1 nuclear deal looms.
In an era where US president Donald Trump has called getting out
of the Trans - Pacific Partnership «a great thing
for American workers,» and where Brexit has created
uncertainty as to what multilateral trade will look like in the
future, the CETA deal stands as an example
of how others are negotiating trade.
Examples
of these risks,
uncertainties and other factors include, but are not limited to the impact
of: adverse general economic and related factors, such as fluctuating or increasing levels
of unemployment, underemployment and the volatility
of fuel prices, declines in the securities and real estate markets, and perceptions
of these conditions that decrease the level
of disposable income
of consumers or consumer confidence; adverse events impacting the security
of travel, such as terrorist acts, armed conflict and threats thereof, acts
of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread
of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment
of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount
of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion
of our assets pledged as collateral under our existing debt agreements and the ability
of our creditors to accelerate the repayment
of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss
of key personnel;
future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments;
future increases in the price
of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times
of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements
for crew members and other employee relation issues; the continued availability
of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Not only that, it throws in an
UNCERTAINTY factor
for all buyers
of Vancouver property from now until the
future.
As Christians wrestle with what they should expect and where they should set their priorities
for the
future, the
uncertainty of the times surely makes both perspectives important, in order to keep hope alive but expectations realistic.
She has lived in a perpetual state
of uncertainty about what
future she has in the UK ever since the Home Office rejected her application
for asylum.
Yet this, I suspect, is the best possible condition
for Christians to undergo at this juncture in time;
for out
of just this open and honest
uncertainty, this chaos
of spirit, thought is borne, and nothing is more needful
for the Christian
future than that the community
of Christ's discipleship, which has thriven heretofore on power and convention, should now become a community
of original — and therefore critical and troubling — thought.
«
For suppliers of United Dairy Power, it will provide an assured future and premium for their milk, which we believe will be welcomed after a sustained period of uncertainty,» Burra chief executive Grant Crothers sa
For suppliers
of United Dairy Power, it will provide an assured
future and premium
for their milk, which we believe will be welcomed after a sustained period of uncertainty,» Burra chief executive Grant Crothers sa
for their milk, which we believe will be welcomed after a sustained period
of uncertainty,» Burra chief executive Grant Crothers said.
These factors include, but are not limited to: general economic and business conditions; our business strategy
for expanding our presence in our industry; anticipated trends in our financial condition and results
of operation; the impact
of competition and technology change; existing and
future regulations affecting our business; and other risks and
uncertainties discussed in the reports Celsius Holdings has filed previously with the Securities and Exchange Commission.
The three other games all saw us keep a clean sheet but they were against EPL strugglers Hull City at home and the two non-league sides Sutton and Lincoln in the FA cup, so when giving an interview to Sky Sports this week you can sort
of understand why our manager blamed this aspect
of Arsenal's game
for our problems, when asked whether the
uncertainty over his
future could be affecting his players.
The
uncertainty surrounding the
future of England forward Raheem Sterling is already problematic
for last season's Premier League runners - up, and the prospect
of losing rejuvenated midfield - man Henderson is another issue
for boss Brendan Rodgers and the hierarchy to mull over.
Wenger is blaming the
uncertainty of key players
futures for dampening his transfer activities??
Am obsessed with the thought
of wenger leaving arsenal
for good, his poor management that is what is causing all these
uncertainty of our key players
future cuz he is not ambitious, he is satisfied with finishing 4th and giving the incompetent board money
It's not necessarily bad news
for the team but there is a touch
of uncertainty about its
future, which isn't exactly great.
I know many
of you are hoping that he does finish his spell at the end
of his current contract, but I'm not ready
for the
uncertainty that it will leave our club in
for the
future.
Conte may well be playing some mind games ahead
of the clash, by talking about his admiration
for Alexis Sanchez, who has already been struggling to find his best form amidst hue
uncertainty regarding his
future.
Spurs have admired Hernandez
for a while now and could take advantage
of the
uncertainty that is currently surrounding the Mexican's
future with the Red Devils.
Depay's arrival is the first in what should be a busy summer
for United with
uncertainty surrounding
futures of stars such as David De Gea, Radamel Falcao and Robin van Persie.
«Just wish he would go now so that everyone knows the score and we can build
for the
future and get rid
of all the
uncertainty surrounding the Club.
Where others» form may be perfectly timed, increased
uncertainty over his performances and
future could come at the worst
of times
for Martial.
Manchester United are widely reported to be lining up a swoop
for the French international striker, because
of the ongoing
uncertainty about Wayne Rooney's
future, but also because
of the lack
of goals — the latter
of which has been a major concern as
of late.