He says that while what Strike Debt is doing «runs counter» to the work
of the debt industry, «it's a nice gesture.»
Not exact matches
Although the name has changed, it's still the same
industry once denoted as «leveraged buyouts» — that is, the business
of buying companies with a thin slice
of nonpublic equity and mountains
of debt, in which fund managers grab richly generous (to themselves) fees.
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.
Actual operational and financial results
of SkyWest, SkyWest Airlines and ExpressJet will likely also vary, and may vary materially, from those anticipated, estimated, projected or expected for a number
of other reasons, including, in addition to those identified above: the challenges and costs
of integrating operations and realizing anticipated synergies and other benefits from the acquisition
of ExpressJet; the challenges
of competing successfully in a highly competitive and rapidly changing
industry; developments associated with fluctuations in the economy and the demand for air travel; the financial stability
of SkyWest's major partners and any potential impact
of their financial condition on the operations
of SkyWest, SkyWest Airlines, or ExpressJet; fluctuations in flight schedules, which are determined by the major partners for whom SkyWest's operating airlines conduct flight operations; variations in market and economic conditions; significant aircraft lease and
debt commitments; residual aircraft values and related impairment charges; labor relations and costs; the impact
of global instability; rapidly fluctuating fuel costs, and potential fuel shortages; the impact
of weather - related or other natural disasters on air travel and airline costs; aircraft deliveries; the ability to attract and retain qualified pilots and other unanticipated factors.
Spirit AeroSystems Reports Q1 2018 Financial Results; Announces Acquisition
of Asco
Industries; Plans
Debt Refinancing; Announces $ 725 Million Accelerated Share Repurchase Plan; Increased Dividend by 20 %
An analysis
of a company's
debts, assets, and investments can provide a solid picture
of its credit worthiness, particularly when the data are compared to a composite
of companies
of similar size in similar
industries.
And its current
debt - to - Ebitda ratio
of 2.6, below the
industry average, suggests that it has more flexibility to withstand sustained low prices than many
of its competitors.
• Husky Injection Molding Systems, a Canada - based supplier
of injection molding equipment to the global plastics
industry, is exploring a sale
of the company that could value it at close to $ 4 billion, including
debt, according to Reuters.
President's conversation with Tumblr founder ranges from student loan
debt to the tech
industry's lack
of women.
The pressure to put money into the
industry has created ideal conditions for fundraising, which is why we have such a high amount
of dry powder and that's creating even more intense competition for deals along with continued favorable credit markets which allow for cheap
debt.
Pioneer has also pledged to retain more
of its free cash flow, rather than spending it all and then some on capital expenditures and incurring
debt that could sap future profits, as has been common in the
industry.
Turner: One
of the things that people in the
industry often talk about when it comes to money management is this barbell, where as you said you have low - cost, passive index tracking funds and at the other end you have higher fees, higher active share, things like private
debt which you mentioned, and it's those in the middle that are charging higher fees for something that looks quite a lot like beta that are really going to struggle.
But there is data available in the U.S. — where state and federal regulators have sparred repeatedly with
debt - settlement firms — and none
of it looks good for the
industry.
By the 1980s, most for - profits in the distressed
debt industry had been regulated out
of business.
In any event,
industry watchers worry Cara's
debt will leave its hands tied in the event
of another storm.
As laid out in a history
of the
industry included in the New York City Bar report, all promised to reduce
debts for a fee, and all eventually provoked a regulatory response.
THE Federal Privacy Commissioner has effectively set a new standard for the
debt collection
industry as a result
of a settlement with Alliance Factoring.
For investors bargain hunting in the beleaguered sector,
industry analysts recommend a relatively simple formula: Seek out companies that have low
debt, that are growing their omnichannel presence (the term that is used to describe retailers» ability to serve customers either in - person or online), and that didn't expand too fast during the mall boom
of the 1990s and 2000s.
JERUSALEM, April 9 -
Debt - laden Teva Pharmaceutical
Industries said on Monday it would close an unprofitable plant in the Israeli port city
of Ashdod in March 2019 after failing to find a buyer for the facility.
Private - equity acquisitions
of retailers have become increasingly rare, as the investment firms worry about increasing headwinds facing the
industry and their portfolio companies struggle with the
debt burden left behind from leveraged buyouts.
For years, Rite Aid (RAD) was the sick man
of the retail pharmacy
industry, after a
debt - fueled, pre-financial-crisis expansion left the firm unable to cope with the competitive pressures it faced from online retailers like Amazon.com.
The stable outlook reflects our view that ACT's strong market position in North America and Scandinavia and its continued operating efficiency will insulate it from margin pressure in this highly competitive
industry, contributing incremental earnings and generating strong free cash flow for
debt reduction that should result in leverage declining quickly to about 3x by the end
of 2013.
Adjusted Net Income is defined as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result
of acquisition accounting that may hinder the comparability
of our operating results to our
industry peers, (ii) amortization
of deferred financing costs and
debt issuance discount, a non-cash component
of interest expense, and (gains) losses on early extinguishment
of debt, which are non-cash charges that vary by the timing, terms and size
of debt financing transactions, (iii)(income) loss from equity method investments, net
of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projects.
Raynor and his team also developed a mathematical algorithm that corrected for age
of business, date, amount
of debt, size and
industry, among other variables.
Additionally cosigned by the CEOs
of Micron Technologies (mu), Xerox (xrx), Akamai (akam), and Qualcomm (qcom), the council's report aims to address the United States» growing $ 19 trillion
debt and rusting digital infrastructure by providing recommendations from private
industry to overhaul federal systems.
Net revenues in both equity underwriting and
debt underwriting were significantly lower than the third quarter
of 2010, reflecting a significant decline in
industry - wide activity.
It has one
of the highest
debt piles in the
industry, with net industrial
debt at 8.6 billion euros.
The function
of these giveaways is to shift the fiscal burden off land and minerals, oil and gas, real estate and
debt - leveraged
industry.
CVX's
debt - to - equity ratio is very low at 0.21 and is currently below that
of the
industry average, implying that there has been very successful management
of debt levels.
China Railway Materials, a supplier
of construction materials to the railroad
industry, became one
of the first companies that is directly owned by the central government to run into
debt trouble.
Investment
Industry Regulatory Organization
of Canada (IIROC) IIROC was created in 2008 through the consolidation
of the Investment Dealers Association
of Canada and Market Regulation Services Inc. and is the national self - regulatory organization which oversees all investment dealers and trading activity on
debt and equity marketplaces in Canada.
Will this create even larger problems to come, by making the costs
of living even higher as labor and
industry become even more highly
debt leveraged?
The latest deal comes at a time
of upheaval in the
industry, with rival deepwater rig firm Seadrill (SDRL.OL) undergoing a restructuring
of debt and liabilities amounting to some $ 14 billion, while newcomers such as Borr scoop up cheap assets.
For instance, GDP in China's northeastern province
of Liaoning, which suffers from rust - belt
industries mired in
debt and excess capacity, shrunk 2.5 percent last year.
What will make this recession worse than average is not the fact that a couple
of additional
industries are affected, but that the extreme speculation and excessive
debt of recent years will propagate the effects
of this downturn through the financial system.
Without recognizing the role
of debt and taking into account the magnitude
of negative equity and earnings shortfalls, one can not see that what is preventing American
industry from exporting more is the heavy
debt overhead that diverts income to pay the Finance, Insurance and Real Estate (FIRE) sector.
(Reuters)- Husky Injection Molding Systems Ltd, a Canadian supplier
of injection molding equipment to the global plastics
industry, has hired investment bank Goldman Sachs Group Inc (GS.N) to explore a sale that it hopes could value it at close to $ 4 billion, including
debt, according to people familiar with the matter.
It failed because
of too much
debt and changes in the
industry.
Put differently, the only way to reduce
debt is to allocate the cost to some sector
of the economy, and broadly speaking these sectors are the household sector, the private sector, the state sector, and the various more specialized subsectors within these three — for example households can consist
of rich households versus the rest, the state sector can be divided among the central government and the provincial governments, the private sector can consist
of SMEs, large corporations, labor - intensive
industries, capital - intensive
industries, the export sector, etc..
The ratio business equity to long - term
debt provides a window
of opportunity identifying the cause and effect
of industry finances.
In fact, certain types
of loans will require that a business maintain a balance
of equity and
debt (called «leverage ratio») that is appropriate for the stage
of business and the
industry in which it operates.
The best guide we've found to measure that psychological preference is the uniformity or divergence
of market action across a broad range
of individual stocks,
industries, sectors, and security - types, including
debt securities
of varying creditworthiness.
The most useful measure we've found
of that psychological inclination is the uniformity or divergence
of market internals across a broad range
of individual stocks,
industries, sectors, and security types (including
debt securities
of varying creditworthiness).
If the trade is in balance and America has a huge balance
of payments surplus from all the
debt service that countries owe in dollars — plus a huge remission
of profits by American companies that have bought out foreign
industry — then the dollar's exchange rate would soar.
``... The result
of the junk bond process was to load American
industry down with so much
debt that there's no money to pay pensions...»
So the best evidence
of those speculative inclinations is the uniformity or divergence
of market action across a broad range
of individual stocks,
industries, sectors, and security - types, including
debt securities
of varying creditworthiness.
[303][306] In January 2012, the U.S. Treasury Borrowing Advisory Committee
of the Securities
Industry and Financial Markets Association unanimously recommended that government
debt be allowed to auction even lower, at negative absolute interest rates.
The long - term
debt / equity ratio
of 0.92 is right in line for this
industry.
With a
debt - to - equity ratio under 30 %, Suncor has one
of the best balance sheets in the
industry.
The Case for Banning Payday Lending: Snapshots from Four Key States (June 2013) This report outlines the battles against the payday lending
industry in states with strong usury cap protections, such as New York and North Carolina, and in states like California and Illinois with weaker laws that allow payday lenders to charge triple - digit APR loans that trap people in a cycle
of debt.