Sentences with phrase «negative impact of currency»

The funds seek to hedge against the negative impact of currency risk by taking short positions in currency forward contracts.

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.

This is below our long - term goal of mid-teens EPS growth as a result of the significant negative impact of weaker international currencies on both gross margin and translated foreign earnings, as well as a higher effective tax rate.

Rest of World net sales were $ 798 million, down 15.6 percent versus pro forma net sales for the year - ago period, due to a negative 26.0 percentage point impact from currency, including a negative 17.0 percentage point impact from the devaluation of the Venezuelan bolivar in June 2015.

Adjusted EBITDA increased 21.3 percent versus the year - ago period to $ 2.0 billion, despite a negative 6.0 percentage point impact from currency, primarily due to gains from cost savings initiatives (4) and favorable pricing net of commodity costs.

Negative currency impacts of $ 9.5 million in Corporate and $ 0.2 million in International were partially offset by positive currency impacts of $ 0.5 million in Canada and $ 1.9 million in Europe.

Gross margin for the Coach brand is projected to be in the area of 70 % on a constant currency basis with negative foreign currency effects expected to impact gross margin by 80 basis points to 100 basis points.

Rest of World net sales were $ 843 million, a 5.2 percent increase versus the year - ago period, despite a negative 1.8 percentage point impact from currency.

These risks and uncertainties include: fluctuations in U.S. and international economies and currencies, our ability to preserve, grow and leverage our brands, potential negative effects of material breaches of our information technology systems if any were to occur, costs associated with, and the successful execution of, the company's initiatives and plans, the acceptance of the company's products by our customers, the impact of competition, coffee, dairy and other raw material prices and availability, the effect of legal proceedings, and other risks detailed in the company filings with the Securities and Exchange Commission, including the «Risk Factors» section of Starbucks Annual Report on Form 10 - K for the fiscal year ended September 28, 2014.

Capital Markets Foreign Exchange The surging dollar, falling euro and plunging emerging - markets currencies had a record $ 32 billion negative impact on the earnings of companies in North America and Europe in the first quarter, according to Scottsdale, Arizona based FiREapps, which helps corporations measure and manage foreign exchange exposure.

Meanwhile in the 4th quarter for the period ending June 2017 revenues declined $ 26 million, or 6 %, compared to the prior year, driven by $ 19 million from the absence of the additional week in the prior year, the negative impact from foreign currency fluctuations and lower sales at the Children's division, which had bigger title releases in the prior year.

Fiscal 2017 full year revenues declined $ 10 million, or 1 %, compared to the prior year, as strong sales of both frontlist and backlist titles, such as Hillbilly Elegy by J.D. Vance, The Magnolia Story by Chip and Joanna Gaines and Jesus Calling and Jesus Always by Sarah Young, as well as the continued expansion of HarperCollins» global footprint, were offset by the absence of sales of Harper Lee's Go Set a Watchman, the negative impact from foreign currency fluctuations and the $ 19 million impact from the absence of the additional week in the prior year.

In many cases, it appears that possible negative impacts of climate change pose risks of higher total monetary damages in industrialised areas (i.e., currency valuations of property damages) but higher total human damages in less - developed areas (i.e., losses of life and dislocations of population)-- although such events as Hurricane Katrina show that there are exceptions (Section 7.4.2.5) for developed countries, and monetary damages in developing countries may represent a larger share of their GDP.

The announcement received a fierce reaction from the Bitcoin community as the news had a negative impact on thousands of merchants accepting the pioneer digital currency.

The growth of virtual currency schemes such as Bitcoin and Second Life's Linden Dollars, could have a negative reputational impact on central banks due to their inherent instability, warns the European Central Bank.