This is according to an annual survey of residential purchases from international buyers released today by the National Association of Realtors ®, which also revealed that nearly half
of all foreign sales were in three states: Florida, California and Texas.
«It is a serious risk if the situation becomes even more strained, and for those companies with high levels
of foreign sales it could have a significant impact.»
For a while there I was making more off
of my foreign sales than I was off of my U.S. sales.
My initial thought was, meh, because other than the UK, I don't get a lot
of foreign sales.
P.S. I think the ebook may account for the drop
of foreign sales.
Most
of my foreign sales in the English language come from the other platforms — Kobo and iBooks.
It shouldn't be a total surprise that U.S. companies are booking lots
of foreign sales.
What's more, the stronger dollar, which is not totally unconnected to weaker growth overseas, is hurting the profitability
of foreign sales.
They did just that by forging a relationship with Export Development Canada (EDC) that involves financial backing
of foreign sales.
Not exact matches
In hot markets like Toronto, recent studies suggest that more than half
of unit
sales go to investors — both
foreign and domestic.
In January, Saudi regulators changed rules for qualified
foreign institutions to allow them to own up to 49 percent
of listed securities as the kingdom opens up its stock market and plans a 5 percent
sale of $ 2 trillion oil giant Aramco in 2019.
Canada - wide, 67 % said property
sales to
foreign buyers increased in the last year (a number that's largely diminished because
of a decrease in
foreign buying in Calgary).
After receiving a $ 10 - billion bailout from the Dutch government in 2008, ING embarked on a fire
sale of foreign divisions and «noncore» assets that continues today.
New York, in particular, attracts
foreign visitors, and that can be attractive to Under Armour — which still generates a vast majority
of sales in the North American market but wants to do more business abroad.
In late September, Russia's Parliament voted to restrict
foreign ownership
of local media to 20 %, a move that could affect U.S. companies such as Disney, which has a Russian TV channel, and force the
sale of the independent Russian financial paper Vedomosti, which is part owned by News Corp.'s Dow Jones and Pearson.
Bilinkis is a man who takes his responsibility to society seriously, but he admitted to me that when he sold the company, the thought
of hiding the proceeds from the
sale in a
foreign bank account flitted through his mind.
Tiffany & Co.'s Fifth Avenue flagship in Manhattan, not far from Trump Tower, gets 40 %
of its
sales from
foreign shoppers.»
In the meanwhile, myriad high - profile news stories — from Industry Minister Tony Clement overruling the CRTC's ruling that Windmobile violated
foreign ownership guidelines to the government's decision to block the
sale of Potash Corp. to BHP Billiton — made clear why Canada's
foreign investment guidelines must be updated.
Organic
sales represents consolidated net
sales (a GAAP measure), excluding the impact
of foreign currency translation, acquisitions and divestitures completed in the preceding twelve months and other significant items.
First quarter
sales of $ 15.2 billion were up 10 percent over the prior year, including 6 points
of organic
sales growth and 3 points
of foreign exchange.
Canadian chief executives and corporate leaders are concerned about the possible
sale of Potash Corp. to a
foreign buyer, and they want the federal government to take action to stop the
sale.
In a move to reduce the flow
of foreign cash into markets like Toronto and Vancouver, the government said it will tighten a loophole on an exemption that allows homeowners to avoid paying capital gains tax on the
sale of a principal residence.
From the regulatory and insurance framework to the finer points
of American
sales culture, Handa's U.S. expansion gambit turned out to be a
foreign adventure in every way.
Foreign sales of U.S. petroleum grew a whopping 6 % from September, pushing overall exports to $ 192.7 billion, their highest dollar - value ever.
But the introduction
of B.C.'s
Foreign Buyers» Tax, combined with other mortgage and housing market regulations, has prompted
sales to slow.
«We hire local
sales representatives that have an understanding
of the
foreign market and work with local dealers to gain an understanding
of the ideal market channels to use» — Creative At Home, Rod Gray, CEO
Tiffany's comparable store
sales declined 1 percent due to lower spending by
foreign tourists in the Americas, while analysts on average were expecting an increase
of 0.02 percent, according to Thomson Reuters I / B / E / S.
For example, the government changed its
foreign ownership rules last year, and ensured that spectrum is set aside for another major player by denying the
sale of smaller player Mobilicity's spectrum to incumbent TELUS earlier this month.
«The
sale of some state - owned enterprises should help lower Vietnam's rising national debt [and] also attract significant
foreign direct investment,» Chetan Sehgal, director
of global emerging markets and small cap strategies at Templeton Emerging Markets Group, said in an email.
The beloved Danish toy manufacturer reported an 18 percent increase in its first - half global
sales growth - excluding the impact
of foreign exchange; even Lego feels forex swings - and a net profit
of 3,553 million Danish krone ($ 535.58 million), a near - 31 percent year - on - year increase.
Lattice Semiconductor Corp. said in a filing Friday it will seek Trump's approval for its proposed $ 1.3 billion
sale to Canyon Bridge Capital Partners, gambling that the former real estate dealmaker will approve the tie - up against the advice
of the Committee on
Foreign Investment in the United States (CFIUS), which scrutinizes foreign deals for national security co
Foreign Investment in the United States (CFIUS), which scrutinizes
foreign deals for national security co
foreign deals for national security concerns.
Organic local - currency
sales increased 6.9 percent,
foreign currency translation increased
sales by 4.9 percent, and acquisitions, net
of divestitures, increased
sales by 3.2 percent.
However, our
foreign - affiliate
sales (
sales by Canadian company subsidiaries in emerging markets) has grown even faster, at a rate
of 13 %.
System - wide
sales growth and comparable
sales are measured on a constant currency basis, which means that results exclude the effect
of foreign currency translation and are calculated by translating prior year results at current year monthly average exchange rates.
Market leaders such as LeTV have to suspend the
sale of their set - top boxes and their
foreign - content programming immediately.
Online searches don't always translate into
sales,
of course, and some in the real estate are skeptical
foreign buyers will turn up in a big way.
Foreign - affiliate
sales don't directly reflect South - South trade, But it's a strong indicator
of how much Canada has invested in emerging markets and the potential for it to be leveraged in trade among these fast - expanding economies.
«This rate reduction will immediately reduce the cost
of new business for our international partners,» said Hooper, whose agency facilitates all
foreign military
sales.
Last year, economists at the central bank published a working paper that sought to understand the overall weakness
of Canadian exports by investigating the
foreign sales of dozens
of industrial subgroups.
BERLIN, April 25 (Reuters)- The U.S. government will reduce its administrative surcharge on
foreign arms
sales to 3.2 percent from 3.5 percent from June as part
of a broader bid to make U.S. weapons more competitive internationally, a top U.S. official told Reuters on Wednesday.
Daffey joined Goldman Sachs back in 1994, making partner in 2002, and has previously headed global equities
sales and head
of fixed income and
foreign exchange
sales for Europe, the Middle East, and Africa.
This means that a Canadian company with a subsidiary in Bermuda, for example, can bring back
foreign profit tax - free in the form
of a dividend — provided the subsidiary is carrying out active business, such as
sales or manufacturing, and is not merely a P.O. box.
Traditionally,
foreign brands find distributors in Canada to handle their
sales here, but many distributors are loaded up with hundreds
of different brands.
The number
of sales involving a
foreign entity has steadily declined since the province introduced its tax last April.
Commentary: «Revenues were up 8.3 % for the third quarter versus the prior - year period, due primarily to higher commodity prices impacting the Company's supply chain revenues, higher same store
sales in both domestic and international stores, store count growth in international markets and the positive impact
of changes in
foreign currency exchange rates.»
On its domestic
sales, Apple would be able to choose the duty rate during customs entry procedures that applies to finished server assembly cabinets (duty - free) for the
foreign - status materials / components noted below and in the existing scope
of authority.
We know that
sales by Canadian - owned
foreign affiliates now exceed total exports from Canada, approaching 30 per cent
of GDP.
Firms anticipate somewhat faster export growth, in light
of improving indicators
of future
sales from
foreign customers.
Housing demand is also being supplemented by bankruptcy survivors who waited out their 7 year exile joining first time buyer millennials, babyboomers, immigrants,
foreign investors (Canadian and Chinese), and even gen Xers, all
of whom are looking for houses for
sale.
In the United States,
foreign affiliates are even more important, with
sales equalling more than 40 per cent
of GDP.