«All of our regional presidents have gone and seen the 365 stores and are kind of electrified by
some of the labor savings and some of the structural changes that we've done there,» David Lannon, executive vice president of operations, told analysts.
The move from scratch to prepared was for the sake
of labor savings, time savings, consistency and cost savings.
«It has the potential
of labor savings and an automatic up - sell to a higher average check,» Cabuco says.
Not exact matches
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.
In an interview about the trade sanctions that President Trump is throwing at China and at Corporate America - whose supply chains go through China in search
of cheap
labor and other cost
savings - Ambassador Cui Tiankai defended the perennial innocence
of China, as is to be expected, and trotted out the standard Chinese fig leafs and state - scripted rhetoric that confirmed in essence that Trump's decision is on the right track.
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.
Their empire started in 1973, when Andrew opened the Panda Inn with $ 60,000
of savings, a small business loan, and free
labor from family members.
The vast majority
of these deals are supported through friends and family, personal
savings, a second mortgage on the house, and / or credit card debt and are generally a
labor of love.
Two Bureau
of Labor Satistics surveys indicate that small companies are failing to provide competitive benefits, particularly in such important financial areas as retirement
savings and medical insurance.
Because
labor accounts for a small portion
of a product's manufacturing costs, the
savings gained from outsourcing to China will drop to single digits for many products.
Indeed, the prices
of money (Fed funds),
savings (inflation term premium), capital (credit spreads),
labor (wages), trade (USD), and insurance (volatility) are all historically low, which is resulting in exceptionally easy financial conditions.
Labor and its
savings have borne the brunt
of the post-2000 market downturn.
A White House official said the document, titled «Draft Conflict
of Interest Rule For Retirement
Savings,» shouldn't be seen as a new turn in the
Labor Department's rulemaking.
Drew Carrington, head
of Institutional Defined Contribution at Franklin Templeton Investments along with Michael Doshier, head
of retirement marketing, examine the status
of The Retirement Enhancement and
Savings Act (RESA) and what it might mean for both plan sponsors and participants, and recap the latest court rulings impacting the Department
of Labor's Fiduciary Rule.
They urge economies to submit to financial austerity by sanctifying debts rather than saving themselves and their
labor force at the expense
of debt and
savings trends.
Offshoring to countries where
labor is inexpensive will invariably result in cost
savings, but the distance and language barriers may affect the quality
of the work product.
The essence
of the global financial bubble is that
savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more
labor.
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.
Chilean stocks rose because
labor's
savings were being channeled into a rather small number
of stocks in the large companies controlled by the oligarchy.
In Germany, ever since the 2003 — 20 05
labor reforms that caused business profits to soar at the expense
of wages, German banks have exported the gap between rising
savings and declining investment — a figure that rose in less than five years to become among the largest ever recorded.
«We have a clear set
of actions underway to improve profitability through a combination
of comp and beverage growth and
savings across (cost
of goods sold), waste and
labor as we move through the back half
of the year,» Chief Financial Officer Scott Maw said in a statement.
Today, he continued, «we've reached a major milestone — the Department
of Labor has finalized crucial protections for middle class Americans» retirement
savings.»
AARP: Benefits, Advocacy and Information on Aging for People Age 50 and Over The Actuarial Foundation: Consumer Financial Education Advantage Publications: Slide Calculator Sample Request Form America Saves Ask CFPB (Consumer Financial Protection Bureau) CareConnectUSA: Financial Assistance Hotlines for Families Consumer Federation
of America: Consumer Information Consumer Financial Protection Bureau: CFPB Bulk Publications FDIC Consumer News U.S. Department
of Labor Health Benefits Education Campaign U.S. Department
of Labor Retirement
Savings Education Campaign - Saving Matters Women's Institute for a Secure Retirement (WISER)
88 because the bill would overturn an important Department
of Labor final rule critical to protecting Americans» hard - earned
savings and preserving their retirement security.»
AARP: Retirement Planning CFA Institute: Retirement Security Choose to Save: Ballpark E$ timate ® Edelman Financial Services LLC: Retirement & Estate Planning Financial Mentor ®: Retirement Calculators How to Save Money for Retirement (retirement
savings guide) IRS: Adding Automatic Enrollment to Section 401 (k) Plans — Sample Amendments IRS: Changes in Your Life May Affect Retirement Planning IRS: Help with Choosing a Retirement Plan NEFE Financial Workshop Kits Retirement Series Preparing for Retirement from DOL Save it Like You Mean It: The (Non-Scary) Guide to Retirement Planning Saving Matters from DOL U.S. Department
of Labor: Taking the Mystery Out
of Retirement Planning WISER: What Women Need to Know About Retirement
Critics
of the
Labor Department's rule have argued that requiring advisors to serve as fiduciaries to the small and midsize plan market will negatively affect access to 401 (k) plans at a time when policymakers at the federal and state level are crafting and passing legislation intended to broaden access to retirement
savings for employees
of small employers.
The February 2015 document she references, The Effects
of Conflicted Retirement Advice on Retirement
Savings, was used by the Obama administration to support the Department
of Labor's ongoing rulemaking that would redefine fiduciary under ERISA.
The Department
of Labor is questioning Wells Fargo's practices in recommending retirement
savings vehicles.
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, operating in a highly competitive industry; changes in the retail landscape or the loss
of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts
of the Company's international operations; the Company's ability to leverage its brand value; 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 ability to realize the anticipated benefits from its cost
savings initiatives; changes in relationships with significant customers and suppliers; the execution
of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; 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 United States and in various other nations in which we operate; 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 we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; the Company's ability to protect intellectual property rights; impacts
of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact
of future sales
of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements
of the Company's consolidated financial statements; and other factors.
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 business and operations
of the Company in the expected time frame; 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; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; 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; tax law changes or interpretations; and other factors.
We anticipate lower restaurant
labor expense and restaurant expenses as a percentage
of sales this fiscal year from same - restaurant sales leverage and our transformational cost
savings initiatives.
«What's impossible to sort out is how much
of this is because
of savings from the tax cuts, and how much is because
of pressure they're receiving from employees and
labor groups.»
The researchers did not spell out how
labor cost
savings might translate into potential number
of jobs lost to automation.
By setting up automatic transfers from your checking to your
savings account, you're getting rid
of the mental
labor it takes to actually commit to saving.
He
labors to lay aside means
of security, whether in terms
of working competence or in terms
of cash
savings.
They built a hospital with the
savings and
labors of the Union members.
The reasons include convenience
of use, and the
savings in
labor and time from not having to peel garlic.
According to the company, reports back from these customers that are using the gas stunning method in turkeys have said that significant
labor savings and higher yields as well as better meat quality are some
of the benefits.
Rise Baking also highlights its Fast PanTM Technology, which is a panning system for its frozen cookie dough that provides «up to 70 percent
labor savings for some
of the largest baking operations in the United States,» Ahlgren says.
According to the company, reports back from these customers that are using the gas stunning method in turkeys have said that significant
labor savings and higher yields as well as better meat quality are some
of the benefits.
Company predicts annual water
savings of over 275,000 gallons and $ 260,000 in
labor savings, just by updating their tank cleaning process to include Gamajet rotary impingement devices.
Made
of a special engineered 100 percent paperboard lamination and a combination
of recycled and virgin fibers, THE CUBE ® was the first design to meet the display
labor savings and Environmental, ISTA Testing directives from WAL - MART.
At the same time, the automation features
of the equipment also allow us to enhance productivity through
labor savings.»
Similarly, as has been noted elsewhere, when touting the
savings to be gained by switching from disposable cutlery to metal flatware, the book doesn't ask food service directors to factor in the increased
labor and utility costs
of washing that flatware on a daily basis.
These benefits include but are not limited to the power
of the human touch and presence,
of being surrounded by supportive people
of a family's own choosing, security in birthing in a familiar and comfortable environment
of home, feeling less inhibited in expressing unique responses to
labor (such as making sounds, moving freely, adopting positions
of comfort, being intimate with her partner, nursing a toddler, eating and drinking as needed and desired, expressing or practicing individual cultural, value and faith based rituals that enhance coping)-- all
of which can lead to easier
labors and births, not having to make a decision about when to go to the hospital during
labor (going too early can slow progress and increase use
of the cascade
of risky interventions, while going too late can be intensely uncomfortable or even lead to a risky unplanned birth en route), being able to choose how and when to include children (who are making their own adjustments and are less challenged by a lengthy absence
of their parents and excessive interruptions
of family routines), enabling uninterrupted family boding and breastfeeding, huge cost
savings for insurance companies and those without insurance, and increasing the likelihood
of having a deeply empowering and profoundly positive, life changing pregnancy and birth experience.
Some districts operating under P2 are able to reduce their office
labor due to the reduction in paperwork, and this can spell some real
savings for the department, which can help underwrite the cost
of scratch cooking with higher quality ingredients.
Without the offset
of the 18 percent wage hike included in the deal realized through health care
savings negotiated by the administration with the UFT and Municipal
Labor Council, which represents all city employees, this agreement «could increase future budget gaps to levels that would be more difficult for the city to deal with, especially during another downturn,» Moody's warned.
This raises the likelihood that
savings made possible by the use
of the design - build method will be undermined by the imposition
of PLAs, which favor less efficient union
labor.
Union leader John R. Durso, president
of the Long Island Federation
of Labor, blamed the dearth
of good - paying jobs on the 2007 - 09 recession, which he said wiped out the retirement
savings of older workers, causing them to postpone retirement.
Ultimately, the paper decided to go with Bellone because
of his «real experience negotiating with organized
labor to achieve
savings.»