The sell - off was based on misplaced fears of recession in the US, added to concerns about the continuing slowdown in China and
its impact on commodity markets.
Not exact matches
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.
CNBC's Jackie DeAngelis reports
on commodities and looks ahead to factors that could
impact the
market next week.
The HFRI Macro (Total) Index is managed by trading a broad range of strategies in which the investment process is predicated
on movements in underlying economic variables and the
impact these have
on equity, fixed - income, hard currency, and
commodity markets.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its
market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in
commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital
markets; increased pension, labor and people - related expenses; volatility in the
market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights;
impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments
on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
He has seen the
impact on the stock
market, and he has seen the dramatic swings in certain
commodity prices.
In the emerging economies the slowdown in China, together with
on - going recessions in Brazil and Russia are
impacting commodity markets.
HFRI Macro Index is composed of a broad range of strategies in which the investment process is predicated
on movements in underlying economic variables and the
impact these have
on equity, fixed income, hard currency, and
commodity markets.
What's more, the PMO's own statement then ran through a full litany of all the bad things that lie ahead: decline in global stock
markets, decline in
commodity prices, slowing growth in China and emerging
markets, and potential
impacts on Canada's economy. Instead of boasting about Canada's successes under Conservative leadership, the PMO went to great lengths to show how bad things could get.
Suffice to say we have been preparing for a China meltdown for a long time and have thought long and hard about the
impact of a 20 - year
commodity bear
market on these businesses.
Each of them impressed me as a professional who understood the
markets they were trading in, as well as the
impact of volatility (or the lack of volatility)
on the
commodities or futures contracts they were trading.
We often discuss how the super-cycle
impacts commodities as a family and how super-cycle bear
markets last 20 years
on average.
This reflation trade is having a tremendous
impact on global equity
markets,
commodity prices and, most importantly, currencies.
«Whilst in recent weeks we have seen some recovery in the
market, unfortunately, the overall global dairy
commodity markets remain weaker than last year, which continues to
impact on our returns.
Mr Harysuyker highlighted some of the impressive numbers underscoring the farm sector's current
impact on the national economy including big advances in trade of beef and other
commodities to
markets like China.
Although there is no consensus
on the actual
impact of «speculation»
on prices, the G20 and the European Union have since been trying to stabilise prices by increasing transparency and reducing the financialisation of
commodity markets.
Floored (Unrated) Obsolescence expose» examines automation's
impact on workers at the Chicago Board of Trade as the
commodity market's primary method of operation shifts from frenzied, man - a-mano action in the pits
on the floor of the exchange to impersonal electronic trading
on computers.
Suffice to say we have been preparing for a China meltdown for a long time and have thought long and hard about the
impact of a 20 - year
commodity bear
market on these businesses.
For extra valuable insight
on the
impacts of contango and backwardation, please watch this special interview with Bob Greer, Executive Vice President & Manager of Real Return Products, PIMCO and Boris Shrayer, (former) Managing Director & Global Head of
Commodities Marketing, Morgan Stanley.
Any negative changes in
commodity markets (that may be due to changes in supply and demand for
commodities,
market S - 4 events, regulatory developments or other factors) could have an adverse
impact on those companies.
Platts editors and S&P's chief economist examine China's latest five - year plan and its potential
impact on the economic giant's growth before zooming in
on commodity markets.
The letter emphasizes, «Effective disclosure of the
market risks from climate change would focus
on how low - carbon scenarios would
impact commodity demand and price and include the knock -
on effects of those shifts
on future capital expenditure plans, liquidity and reserves valuations, if any.»
It can also significantly
impact commodity values, again most
impacting emerging
market economies all while investors nervously observe the divergent actions and resulting
impact on capital flows, currencies, asset values and heightened uncertainty and instability.
Moving forward, our land
market will continue to be sensitive to what happens with
commodity and livestock prices and its
impact on farm income.»