Investors that buy Ginnie Mae bonds are beginning to find that the favorable capital treatment on the federally backed securities may be fully
offset by the higher prices that they must pay, he told Dow Jones Newswires at an iGlobal Forum conference in New York.
CEO Steve Williams said the loss of production and ongoing effects of deeper discounts paid for western Canadian heavy crude were
offset by higher prices for its offshore production, higher realized profit margins in its refining and marketing arms and lower feedstock costs.
As in previous quarters, higher input costs were the primary drivers of the Q4 decline, though these were partially
offset by higher prices, lower airfreight and product cost reduction initiatives.
Not exact matches
The revenue growth was driven
by favorable
price and
high - teens growth in electronics, which
offset the impact of order choppiness.
But Foote believes Target can help
offset lower
prices on
high - frequency purchases
by boosting
prices on those exclusive designer dresses, on - trend bed sheets and specialty candies that set it apart from market competitors.
U.S. output, supported
by high prices, has hit record levels, partially
offsetting the OPEC - led cuts.
Valeant said the decrease in volume was partially
offset by an increase in average realized
prices, partly due to lower customer subsidies and accommodations and
higher wholesaler selling
prices.
Treasury
prices pare their gains
by the end of Wednesday, pushing yields lower, after rising political tensions lures haven bids but later
offset by signs that inflation is running
higher
Within program expenses, major transfers to persons were up $ 1.1 billion, primarily due to
higher old age security payments, reflecting an increase in the number of recipients and
higher inflation, as benefits are indexed to quarterly changes in the consumer
price index, major transfers to other levels of government were up $ 0.6 billion, reflecting legislative increases; while direct program expenses declined
by $ 0.2 billion, as lower «other transfer» payments more than
offset increases in departmental / agency operating costs.
Adjusted EBITDA growth was driven
by gains from cost savings initiatives and favorable
pricing net of
higher local input costs that were partially
offset by unfavorable volume / mix.
Pricing increased 2.1 percentage points, primarily driven by pricing to offset higher input costs in local currency in Latin A
Pricing increased 2.1 percentage points, primarily driven
by pricing to offset higher input costs in local currency in Latin A
pricing to
offset higher input costs in local currency in Latin America.
Excluding the impact of currency, Adjusted EBITDA increased primarily due to gains from cost savings initiatives (2), lower overhead costs and favorable
pricing, which was partially
offset by higher input costs and lower volume / mix.
Pricing increased 5.7 percentage points, primarily driven
by actions to
offset higher input costs in local currency.
Excluding the impact of currency, Segment Adjusted EBITDA increased 3.6 percentage points, primarily reflecting favorable
pricing and lower overhead costs that were partially
offset by higher input costs in local currency.
Substantially improved Mining underlying EBITDA of EUR 16 million, up EUR 11 million year - on - year, driven
by higher commodity
prices and the successful restart of the Middle Tennessee mines, partially
offset by the EUR 8 million negative EBITDA contribution from the restart of the Myra Falls mine
The importance of this is that the Chinese can relieve some of the food
price pressure
by increasing imports to
offset whatever domestic shortfalls are causing the
higher food costs.
There will be some short - term benefit to U.S. module makers from import duties on solar, but it is not clear that this will
offset lower levels of deployment incurred
by both the
higher price of imported solar and the uncertainty created
by the Section 201 process.
The consumer
price index increased
by 0.4 % in November, as
higher prices for energy were only slightly
offset by lower
prices for groceries and clothing.
Producer
price inflation remains modest with large declines in the
prices of imported items
offsetting the growth of domestic
prices; overall final stage
prices rose
by 0.1 per cent in the December quarter, to be 1.0 per cent
higher over the year (Table 15; Graph 73).
The decline pushed profitability down
by 0.7 percentage points to 35.9 % of sales since Kimberly Clark couldn't use
higher prices to
offset rising commodity costs.
When wage increases are a result of policy instead of market mechanics, revenues and profits can suffer if businesses can not
offset the costs
by charging
higher prices.
Fuel costs had risen 16 per cent in the first half compared with the same period the previous year and plastic costs were up 24 per cent, although this was partly
offset by higher bulk cream
prices.
US food coatings were affected
by high raw material costs, partially
offset by price increases and efficiency gains.
«Retailers could be impacted as producers are under immense pressure to
offset price rises caused
by the weakened value of sterling and
higher import costs, squeezing already tight budgets and resources and potentially cornering them into using cheaper global suppliers that may be more vulnerable to fraud.»
However, Kirin expects Lion's sales to grow 6.1 per cent and earnings to improve
by 3.3 per cent in 2018, with
higher prices and better product mix
offsetting volume pressure from the introduction of container deposit schemes in NSW and Queensland (Queensland has postponed the launch from June to November.)
If the importation of New Mexican varieties were banned, New Mexican growers would be helped
by getting
higher prices, but this would be more than
offset by the financial harm done to the Mexican growers and New Mexican processors.
While some oral GSH is not absorbed particularly well, the
price difference between better absorbing GSH supplements is generally more than
offset by their
higher cost.
This upside here though is lower fuel consumption, just as the
higher purchase
prices should be somewhat
offset by higher resale values for a model that's traditionally strong in that regard.
The
high price of buying this car is
offset by the low depreciation.value.
But those
high building costs tend to be
offset by low land
prices.
If you don't have insurance, the costs are absorbed
by the hospital (i.e. passed on to other patients in the form of
higher prices to
offset this expense).
If the new bonds are bought at a discount and held to maturity, or are sold at a
price higher than their cost, a taxable gain will often result, unless also
offset by losses.
However, the bank's statement
offset the positives
by pointing to potential threats: weakening oil
prices that drive down inflation and the significant risks of
high household debt accumulated during years of low borrowing rates.
So any money a fund would have lost on falling bond
prices would have been more than
offset by high interest rates.
But now, with a new baby to care for, time is more of a precious commodity and I the
higher price I pay for this Wysong brand is
offset by the convenience.
The
higher price tag that comes with these products can be somewhat
offset by the superior odor - control many of them offer, resulting in less frequent cage changes.
Higher prices are
offset by discount vouchers.
Revenue increased due to
higher PS4 software sales, including digital ones, added to contribution from PlayStation VR (which had sold 1 million units
by the beginning of June), partly
offset by the semi-recent
price cut for the console.
While market size grew 9 %, the global average
price for forestry
offsets was $ 7.8 / tonne — down from $ 9.2 / tonne in 2011, but still
higher than
prices paid
by voluntary buyers for other
offset types ($ 5.9 / tonne).
Proponents of both methods say the economic hardship created
by higher energy
prices could be
offset by rebates to taxpayers.
The call, made in a submission to Chief Scientist Alan Finkel's review of future security of the NEM, came with the revelation that BHP's power bill at the Olympic Dam copper and uranium mine in South Australia is expected to rise
by $ US30m ($ 39m) this year because of
higher gas
prices and the cost of contracts that
offset the risks of power
price spikes.
While market size grew 9 % in 2012, the global average
price for forestry
offsets was $ 7.8 / tonne — down from $ 9.2 / tonne in 2011, but still
higher than
prices paid
by voluntary buyers across all
offset project types (average $ 5.9 / tonne).
The idea that
higher fuel
prices will be
offset mostly
by lower consumption is optimistic.
Illinois Basin coal
prices declined just 5 %, partially
offset by a 9 % increase in production because of robust demand for the low - cost,
high - sulfur coal from the region.
The report also takes care to
offset certain cost elements that have inappropriately been internalized into the existing
price of coal, such as the
high social burden of coal enterprises to provide a broad array of social benefits for its employees (which is not in itself a bad thing, but is done in a very wasteful manner), and what the researchers consider to be excessive mandatory contributions
by coal enterprises to the Railway Construction Fund (RMB 22 billion in 2006 alone, amounting to 33 % of total profits for the coal industry).
«Last week at Cancún, in an attempt to influence richer countries to agree to give # 20bn immediately to poorer ones to
offset the results of warming, the US - based International Food Policy Research Institute warned that global temperatures would be 6.5 C
higher by 2100, leading to rocketing food
prices and a decline in production.»
Obviously, under the Commission's guidelines you can't
offset a
higher price paid for the product
by Dutch consumers due to a lessening of competition against a benefit enjoyed
by Germans.
The
higher fee that the taker pays is usually
offset by the better
prices this tighter spread provides.
May I suggest that: a) «the MLS game» (list low, hold offers 5 - 15 days & scramble to get your own offer in the meantime); b) the prevalence of simultaneous presentation of 5 - 50 competing bids (full info on all bids only known
by Seller Agent); c) the new - prominence of Teams / mega-Teams / office - within - an - office sub-Brokerages; d) the often «coached - from - afar» suggestions about how Registrants can maximize GCI, minimize expenses and
offset competition - induced, listing - fee discounts; e) Average
Prices resulting in everyday Co-op Brokerage fees of $ 15K, 20K and more and f) the
high percentage of Registrants who have not experienced any market conditions other than «
Prices perpetually Up, Seller always Wins, Buyer puts - up or Shuts - up»; g) Electronic signification — you can no longer look in the whites of your competitor's eyes, because half of them aren't even physically present.
The increase in revenue compared to 2013 was mainly the result of
higher single family lot revenue, as a result of a 31 % increase in average selling
prices, partially
offset by 271 fewer lot closings.