Besides the differences in valuation over time, mobile and manufactured homes also have different
levels of risk from site - built homes.
In emails and phone interviews over the past week, several of researchers said the diagram was omitted in favor of written descriptions of
levels of risk from increments of warming.
That would absolutely prevent
your level of risk from deviating from your targets.
Not exact matches
Lenders may accept an unusual
level of risk because
of the social good resulting
from the use
of the loan.
Pretty much
from his first statements as governor in 2013 — that's about $ 100,000 ago in real estate appreciation terms — through to last week when the bank released its latest financial system review, Poloz has walked a tightrope between admitting that elevated house prices and debt
levels pose a
risk to the economy, and assuring Canadians that the likelihood
of a crash is actually pretty low.
Yum Brands felt the full effect
of those
risks in December, when Chinese food safety agencies launched a probe
of the company's supply chain after excess
levels of antibiotics were found in chicken
from two suppliers.
Actual results and the timing
of events could differ materially
from those anticipated in the forward - looking statements due to these
risks and uncertainties as well as other factors, which include, without limitation: the uncertain timing
of, and
risks relating to, the executive search process;
risks related to the potential failure
of eptinezumab to demonstrate safety and efficacy in clinical testing; Alder's ability to conduct clinical trials and studies
of eptinezumab sufficient to achieve a positive completion; the availability
of data at the expected times; the clinical, therapeutic and commercial value
of eptinezumab;
risks and uncertainties related to regulatory application, review and approval processes and Alder's compliance with applicable legal and regulatory requirements;
risks and uncertainties relating to the manufacture
of eptinezumab; Alder's ability to obtain and protect intellectual property rights, and operate without infringing on the intellectual property rights
of others; the uncertain timing and
level of expenses associated with Alder's development and commercialization activities; the sufficiency
of Alder's capital and other resources; market competition; changes in economic and business conditions; and other factors discussed under the caption «
Risk Factors» in Alder's Annual Report on Form 10 - K for the fiscal year ended December 31, 2017, which was filed with the Securities and Exchange Commission (SEC) on February 26, 2018, and is available on the SEC's website at www.sec.gov.
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.
In short, anything that smells
of risk of any sort is being shunned, with much
of the only support coming
from traders desperately trying to keep prices away
from levels where big options positions will be triggered.
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the
risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the
risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand
from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the
risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the
risk that we may experience production difficulties that preclude us
from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the
risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the
risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the
risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix;
risks associated with the ramp - up
of production
of our new products, and our entry into new business channels different
from those in which we have historically operated; the
risk that customers do not maintain their favorable perception
of our brand and products, resulting in lower demand for our products; the
risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments;
risks resulting
from the concentration
of our business among few customers, including the
risk that customers may reduce or cancel orders or fail to honor purchase commitments; the
risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits
of the transaction; the
risk that retail customers may alter promotional pricing, increase promotion
of a competitor's products over our products or reduce their inventory
levels, all
of which could negatively affect product demand; the
risk that our investments may experience periods
of significant stock price volatility causing us to recognize fair value losses on our investment; the
risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the
risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired;
risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development, such as our pipeline
of Wolfspeed products, improved LED chips, LED components, and LED lighting products
risks related to our multi-year warranty periods for LED lighting products;
risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential lack
of customer acceptance for our products;
risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
Even national brands face a daunting challenge: last year, just 20 %
of High Liner's wild - caught seafood came
from certified fisheries — a
level that exposes the company to considerable commercial
risk.
More
from Balancing Priorities: What to do with your bond portfolio as Fed rates rise Credit scores are set to rise Don't make these money mistakes when you're just starting out «There is no sense in bearing the
risk of an adjustable rate when you can lock in a fixed rate at essentially the same
level,» he said.
Speculation on further easing has been growing since Draghi's last press conference in October, when he expressed concern about fresh
risks to the economy
from the slowdown in China and other emerging markets, and about the stubborn refusal
of inflation to come back to its targeted
level of just under 2 %.
Possible reasons for the increased lending activity include lower
levels of regulation at smaller banks than at their larger counterparts, recent movement
of lending staffers
from large banks to small banks and an increased willingness
of smaller banks to take on credit and interest
risk, the report says.
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).
A separate experiment involving the willingness to sign up for a flu clinic found that people with lower
levels of emotional intelligence can also block unrelated emotions
from influencing their decisions about
risk, simply by making them aware that their anxiety was not related to the decisions at hand.
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.
The Financial System Review (FSR) concludes that the overall
level of risk to Canada's financial system is largely unchanged
from six months ago.
«The Company's employment practices liability insurance retention has grown to $ 1 million
from $ 350,000, causing an unacceptable
level of risk for the Company, and the premiums for this insurance are well outside
of industry standards,» the letter said.
The vast number
of start - ups receiving capital today
from inexperienced investors combined with excessive
levels of funding at over-optimized valuations sets the stage for significant investor disappointment which puts us all at
risk.
In short, because they pool longevity
risk, can offer a well - diversified portfolio with longer - term investments, and are professionally managed, public pension funds deliver the same
level of benefits as DC plans at only 46 percent
of the cost.15 Any funds invested with the state pension fund would be kept in a separate investment pool
from public sector funds.
Factors that could cause or contribute to actual results differing
from our forward - looking statements include
risks relating to: failure
of DBRS to rate the Notes at the anticipated ratings
levels, which is a closing condition, or at all; changes in the financial markets, including changes in credit markets, interest rates, securitization markets generally and our proposed securitization in particular; the willingness
of investors to buy the Notes; adverse developments regarding OnDeck, its business or the online or broader marketplace lending industry generally, any
of which could impact what credit ratings, if any, are issued with respect to the Notes; the extended settlement cycle for the scheduled closing on April 17, 2018, which may exacerbate the foregoing
risks; and other
risks, including those described in our Annual Report on Form 10 - K for the year ended December 31, 2017 and in other documents that we file with the Securities and Exchange Commission
from time to time which are or will be available on the Commission's website at www.sec.gov.
This implies that
risks are not too big or overarching (like resource scarcity, rising
levels of atmospheric CO2, or global warming) but are more focused e.g. extreme weather, increased greenhouse gas emissions
from agriculture or
from energy use, or a lack
of fresh water.
Investors can choose
from four
risk levels, each with its own targeted
level of income yield.
Today, chambers
of commerce
from the Lower Mainland and Fraser Valley released a new research study which concludes that $ 50 billion in economic development along the Lower Fraser River is at
risk unless all
levels of government act now to address the serious issues facing the river.
Risks associated with the Consumer Discretionary sector include, among others, apparel price deflation due to low - cost entries, high inventory
levels and pressure
from e-commerce players; reduction in traditional advertising dollars; increasing household debt
levels that could limit consumer appetite for discretionary purchases; declining consumer acceptance
of new product introductions; and geopolitical uncertainty that could impact consumer sentiment.
Factors that could cause actual results to differ include general business and economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory
levels of such products in the supply chain; changes in demand
from significant customers; changes in demand
from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization;
level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval process; delays in utility - scale project construction; delays in the completion
of project sales; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other
risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
Factors that could cause actual results to differ include general business and economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory
levels of such products in the supply chain; changes in demand
from significant customers; changes in demand
from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization;
level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval process; delays in utility - scale project construction; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other
risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 20, 2016.
Such
risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact
of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits
of such transactions, including with respect to the Merger; the substantial
level of government regulation over our business and the potential effects
of new laws or regulations or changes in existing laws or regulations; the outcome
of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security
of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts
of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits
of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration
of the businesses
of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion
of management's attention
from ongoing business operations and opportunities during the pendency
of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability
of financing, including relating to the proposed Merger; effects on the businesses as a result
of uncertainty surrounding the proposed Merger; as well as more specific
risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.express-scripts.com.
Factors that could cause actual results to differ include general business and economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory
levels of such products in the supply chain; changes in demand
from significant customers; changes in demand
from major markets such as Japan, the U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization;
level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval process; delays in utility - scale project construction; cancelation
of utility - scale feed - in - tariff contracts in Japan; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other
risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
As mentioned above, you will select
from an array
of investment choices with varying
levels of risk, and with many
of these, it is possible (albeit unlikely) that you may lose money over time.
Though down
from $ 333 million in 2014 and $ 510 million in 2013, this
level of buyback offers a nice yield (5 %) to further cushion downside
risk.
As sea
levels rise and disaster
risks to coastal communities grow, some planners are broaching the idea
of a «strategic retreat»
from areas that face persistent floods and fires.
Based on these and other serious
risks to the economic benefits
of the Fraser River, every chamber
of commerce in the Lower Mainland —
from the mouth
of the river around Richmond, to the entrance to the Fraser canyon at Hope, are calling on senior
levels of government to act now to commit funding to head off potential disaster.
With our clients demanding increasing
levels of transparency
from their hedge fund managers, this acquisition helped us develop a broad platform and set the standard for analyzing and reporting hedge fund
risk.
The chart structure is terrible as the
risk / reward is not your favor to enter a trade in either direction so be patient & wait for that gap to be filled as a possible retest
of the 100
level could be in the cards as I think the downside is limited
from these depressed
levels.
Although the majority
of credit insurers and policyholders agree that the
level of insurance coverage currently purchased is adequate, policyholders tend to exclude certain
risks from their credit insurance purchasing.
From the perspective
of someone interested in making investments with 20 + year holding periods in mind, you need to be careful
of owning banks because
of the debt to equity
levels involved in the investment, you need to be wary
of technology companies because they must constantly be innovating to remain profitable and relevant (unlike, say, Hershey, which could stick with its business model
of selling chocolate bars for the next century), and retail stocks which are always subject to the
risk of a new low - cost carrier arriving on the block.
Anyone versed in the industry will be able to tell that increased litigation threats arising
from portfolio company bankruptcies, dissatisfied investors, regulatory investigations and employment practices suits are now forming new
levels of risk for venture Capitalists and venture capital firms, as well as the personal assets
of their managers and employees.
Investment in these companies is speculative, volatile, and features a high
level of risk,» Israel Securities Authority (ISA) chairperson Anat Guetta said two weeks ago in announcing the ISA's decision to bar such companies
from inclusion in Tel Aviv Stock Exchange indices.
I say that because I get a lot
of emails
from traders telling me they can't get a proper 1:2 or more
risk reward ratio because there are too many support or resistance
levels in the way.
The Board's assessment
of this information at its May meeting was that inflation remained likely to increase gradually
from its current
level of around 2 1/2 per cent, but that upside
risks to this forecast had receded, partly as a result
of the March tightening.
When asked where they believe the biggest
risks for insider trading lie, 44 %
of respondents said that they believe it is firms with an attitude
of being untouchable among the top
level of management, compared to 24 %
of people who felt this way in January 2016; 35 % think the biggest
risk is rogue employees, down
from 59 %
of respondents; and 21 % think it is the ease
of circumventing company monitoring through work around technologies, such as gaming stations and disposable mobile phones, up
from 17 % in 2016.
Although in the land
of technology, competition adapts quickly and a few years
from now can be viewed as the distant future, we think the iPhone - maker represents a compelling
risk - reward opportunity at current
levels based on our analysis.
Looking back through history, whenever value stocks have gotten this cheap, subsequent long - term returns have generally been strong.3
From current depressed valuation
levels, value stocks have in the past, on average, doubled over the next five years.4 Not that we necessarily expect returns
of this magnitude this time around, but based on the data and our six decades
of experience investing through various market cycles, we believe the current
risk / reward proposition is heavily skewed in favor
of long - term value investors.
Investors need to keep these familiar
risks in mind, Galligan says, but they also shouldn't lose sight
of how «the tech landscape is far different
from the last time the Nasdaq was at these
levels.»
One
of the noted benefits
of this account is that an investor can choose the
level of risk he / she wants to trade on
from the four
levels available.
These low -
level trades allow a member to get a general idea
of the trading system, and they can benefit
from low -
risk businesses while getting a chance to practice their trade skills.
At current
levels of rates and
risk premiums, a mere 1 % increase in the discount rate (
from 4.7 % to 5.7 %) would shave nearly 4 P / E points off the stock market's fair value on a trailing earnings basis.
And in exploring the wide implications
of it all, he noted «the
risk of an alliance between democracy and ethical relativism, which would remove any sure moral reference point
from political and social life, and on a deeper
level make the acknowledgement
of truth impossible» (VS 101) and warned us, as he had done in an earlier encyclical, that «As history demonstrates, a democracy without values easily turns into open or thinly disguised totalitarianism».