However, by owning
a foreign asset the company opens itself up to greater exchange rate risk, he writes.
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
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.
In the absence of any official statement, pundits contemplated a range of theories on the Potash rejection — that Ottawa regarded potash (a crucial fertilizer ingredient) as a strategic
asset, that it had adopted a sudden aversion to
foreign intrusion on major natural resource
companies, or perhaps simply that Harper's Tories sought to improve their chances in the then - upcoming federal election.
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.
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.
Canada's seventh - largest — and largest
foreign - owned — bank, with more than $ 90 billion in
assets and $ 2 billion in annual revenue, the
company under her watch has become an exemplar of gender diversity, with equal numbers of men and women on the board and in senior management.
That's because none of the three
companies are currently based in the U.S. Mylan quietly inverted to the Netherlands in February after buying some of Abbott Laboratories» (ABT)
foreign assets (as a result, it will no longer be eligible for the Fortune 500, on which it ranked No. 377 in 2014).
The
Company incurred
foreign exchange gains on hedges purchased for the RF Power business
asset purchase.
Although it's not illegal to have an offshore holding
company or
assets that are held in
foreign accounts, most countries require politicians and other public figures to declare their holdings.
Another provision that he singled out allows
foreign megabanks, such as Deutsche Bank and HSBC, to put their American
assets into a separate holding
company to avoid US regulatory scrutiny.
Washington has also deepened its scrutiny of Chinese investment in the U.S., with the Committee on
Foreign Investment in the United States (CFIUS), blocking many proposed acquisitions of U.S.
assets by Chinese
companies.
This net position in turn consisted of
foreign currency
asset holdings equivalent to about 20 per cent of GDP, with more than three - quarters of this in the form of equity investment (including direct investment by multinational
companies in their offshore operations).
In December 2014, the
Company entered into
foreign exchange contracts to hedge monetary
assets and liabilities that are denominated in currencies other than the functional currency of its subsidiaries.
BlackBerry's ability to manage inventory and
asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible
assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions;
foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry, and the
company's previously disclosed review of strategic alternatives.
2014.11.05 RBC Global
Asset Management Inc. announces new offering of Passive
Foreign Investment
Company Reporting Statements for U.S. taxpayers RBC Global
Asset Management Inc. (RBC GAM Inc.) today announced that Passive
Foreign Investment
Company (PFIC) Annual Information Statements will be made available to U.S. taxpayer clients...
RBC Global
Asset Management Inc. (RBC GAM Inc.) today announced that Passive
Foreign Investment
Company (PFIC) Annual Information Statements will be made available to U.S. taxpayer clients...
In his letter, Dimon pointed to a recent study from EY that found that if there were a 20 % corporate tax rate between 2004 and 2016, U.S.
companies would have acquired $ 1.2 trillion in cross-border
assets instead selling $ 510 billion in such
assets to
foreign companies.
However, Lake took pains to remind analysts that the operative word when it came to the «deemed repatriation of
foreign earnings» - a measure in the reforms that sees liquid
assets held overseas by US
companies subject to a one - off charge of 15.5 % - was «deemed».
Not a single Chinese
company was listed on the world's top 100 non-financial TNCs ranked by
foreign assets.
Assets likely to be held by private investors include: cash in bank deposits, securities (such as shares issued by private
companies, and government or corporate bonds), property, insurance policies,
foreign currencies, cars, art and antiques.
Myth: The agreement includes a «Trojan horse» loophole that would allow Chinese
companies already in Canada to buy any
asset they wish without
foreign investment review.
The
company has thrived against
foreign competitors by developing its local
assets, notably an extensive distribution network.
Qualcomm's blocked acquisition by Singapore - headquartered Broadcom, due to national interests, also shows the value of the
company's
assets and patent portfolio, as the concern was that its
assets would fall into
foreign hands.
Further, please note that under the
Foreign Exchange Transaction Regulations (the «FETR»), certain institutional investors including banks, securities companies, insurance companies and asset - management companies are permitted to invest in foreign securities di
Foreign Exchange Transaction Regulations (the «FETR»), certain institutional investors including banks, securities
companies, insurance
companies and
asset - management
companies are permitted to invest in
foreign securities di
foreign securities directly.
The difference, however, is that while
foreign companies mostly sold oil
assets, they mainly purchased natural gas
assets as an adjustment strategy to cope with the anticipated decline in oil prices and even the global oil industry.
Legislators from both US political parties introduced a bill in the Senate in November that would reform the CFIUS review process for
foreign acquisitions of American
companies and
assets.
China's oil industry began a new era of growth as early as 2008, and from 2009 to 2013 Chinese oil
companies were particularly keen on investing in
foreign oil
assets.
The
company took a charge of $ 873 million, or $ 0.82 per share, stemming from the provisions of the new tax laws, which included deemed repatriation tax on
foreign earnings and revaluation of deferred tax
assets and liabilities.
In addition, the fund may invest up to 40 % of its net
assets in stocks of
foreign companies, which involve special risks, including currency fluctuations and economic as well as political uncertainty.
ARKW is an actively managed ETF that seeks long - term growth of capital by investing under normal circumstances primarily (at least 80 % of its
assets) in domestic and U.S. exchange traded
foreign equity securities of
companies that are relevant to the Fund's investment theme of Web x. 0.
A
foreign stock fund will typically invest 80 % to 100 % of its
assets in stocks of
companies outside the United States, whereas an international stock fund might have 50 % or less of its holdings in
foreign stocks and the remainder in US stocks.
Assets are invested in any eligible U.S. dollar - denominated money market instruments as defined by applicable U.S. Securities and Exchange Commission regulations (Rule 2a - 7 of the Investment
Company Act of 1940), including all types listed above as well as commercial paper, certificates of deposit, corporate notes, and other private instruments from domestic and
foreign issuers, as well as repurchase and potentially reverse repurchase agreements.
Taylor founded FX Concepts, a New York — based investment - management
company for
foreign exchange
assets, including currency overlays, in 1981.
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.
Domestic wine
companies continue to be interested in North Coast brands and
assets, but more
foreign buyers are emerging, he said.
Again, these are items that change the «income» of the
company without affecting the
company's cash position — changing the value of a capital
asset or of a
foreign exchange position doesn't change the real cash you have in the bank and doesn't require any flow of cash in or out of the
company.
Officers or partners of
foreign companies that have no presence or
assets in Singapore will be served notice in person when they enter the country if they are accused under the law.
Seeks capital appreciation by focusing on undervalued mid-and large - cap
companies, with a significant portion of
assets in
foreign securities and, to a lesser extent, distressed securities and merger arbitrage.
PRPFX invests 20 % of its
assets in Gold, 5 % of its
assets in Silver, 10 % of its
assets in Swiss franc
assets, 15 % of its
assets in Stocks of U.S. and
foreign real estate and natural resource
companies, 15 % of its
assets in Aggressive growth stocks, and 35 % of its
assets in Dollar
assets.
In addition to investing in
foreign and emerging markets,
asset allocation funds may be invested in: (1) exchange - traded funds; (2) futures, options and other derivatives; (3) non-investment grade securities; (4) precious metals and minerals
companies; (5) real estate investment trusts; and (6) money market instruments.
Templeton
Foreign Smaller
Companies Fund (FINEX), Templeton Global Balanced Fund (TAGBX) and Templeton Global Opportunities Trust (TEGOX) have each added the ability to «sell (write) exchange traded and over-the-counter equity put and call options on individual securities held in its portfolio in an amount up to 10 % of its net
assets to generate additional income for the Fund.»
Of course, this bias is not always rational; most
asset managers strongly recommend that investors keep a portion of their holdings in
foreign companies in order to provide additional diversification and reduce their overall risk.
The fund may invest in securities issued by domestic or
foreign companies; in fixed - income securities that are investment grade and below investment grade, but limits its investments in below - investment - grade securities to no more than 10 % of its net
assets; may include real estate investment trusts, investments that provide exposure to commodities (such as ETFs or natural resources
companies), and derivatives, including futures and options.
Normally at least 80 % of the fund's
assets will be invested in equity securities of domestic and
foreign companies (including those located in emerging markets) principally engaged in the exploration, mining, or processing of gold and other precious metals and minerals, such as platinum, silver, and diamonds.
AWSHX may also feature exposure to non-U.S.
companies, though the fund is capped at 10 % of its
assets for any
foreign exposure.
CIBC
Asset Management offers investors who file U.S. tax returns, Passive
Foreign Investment
Company (PFIC) Annual Information Statements (AIS).
Under normal circumstances, the fund invests at least 80 % of its net
assets in equity securities, including common stocks, American Depositary Receipts and Global Depositary Receipts, of
foreign companies.
The fund invests at least 80 % of
assets in equity securities issued by U.S. and
foreign companies with business operations in the utilities sector.
Large bond investors not restricted by the FPR like insurance
companies have «
asset swapped» into
foreign issuers by purchasing their bonds directly and using currency and interest rate swaps to convert the cash flows to Canadian dollar.
I won't say you need to weight your portfolio on the global economy, with nearly 80 % in stocks of
foreign companies, but you should have at least 30 % of your portfolio in
foreign assets.