But the tie that bound them was their dependence
on the capital markets for fresh funding.
Not exact matches
With the bull run
on pause, Altaira
Capital Partners» Ralph Acampora consults history
for clues
on the
markets» next move.
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.
After you objectively evaluate your
capital needs, products or services, competition,
marketing plans, and potential to make a profit, you'll have a much better grasp
on your chances
for success.
Height, like other physical attributes, can be a «form of
capital on the spousal
market and then bargained with or compensated
for within relationships.»
For example,
on Wednesday, Joe Schoendorf, partner at venture
capital firm Accel Partners, and Mike Stankey, vice chairman of cloud - based human resources company Workday, will discuss what the plethora of private companies valued at $ 1 billion or more, known as unicorns, are doing to
markets and marketplaces.
Ramona Persaud, manager of Fidelity's Global Equity Income Fund, likes the company's «shrewd» instincts and its knack
for delivering a return
on capital «far superior to the
market,» an average of about 27 % over the past five years.
With a bull run
on pause, Altaira
Capital Partners» Ralph Acampora consults history
for clues
on the
markets» next move.
Shortly after it closed, BMO
Capital Markets mining analyst Edward Sterck told the Northern Miner that choosing mining over retail made sense
for the company, given the number and size of diamond mines expected to come
on stream over the next few years.
DoubleLine
Capital CEO Jeffrey Gundlach speaks to CNBC's Scott Wapner
on the sidelines of the Sohn Conference about his best new investment ideas, his outlook
for markets and the economy, as well as the rising interest rate environment.
But, Jason said,
for the next decade they plan to restrict themselves to just living
on the cash flowing from investments and ignore any
capital or
market increases in the value of properties, pensions, and shares.
Actual results and the timing of events could differ materially from those anticipated in the forward - looking statements due to these risks and uncertainties as well as other factors, which include, without limitation: the uncertain timing of, and risks relating to, the executive search process; risks related to the potential failure of eptinezumab to demonstrate safety and efficacy in clinical testing; Alder's ability to conduct clinical trials and studies of eptinezumab sufficient to achieve a positive completion; the availability of data at the expected times; the clinical, therapeutic and commercial value of eptinezumab; risks and uncertainties related to regulatory application, review and approval processes and Alder's compliance with applicable legal and regulatory requirements; risks and uncertainties relating to the manufacture of eptinezumab; Alder's ability to obtain and protect intellectual property rights, and operate without infringing
on the intellectual property rights of others; the uncertain timing and level of expenses associated with Alder's development and commercialization activities; the sufficiency of Alder's
capital and other resources;
market competition; changes in economic and business conditions; and other factors discussed under the caption «Risk Factors» in Alder's Annual Report
on Form 10 - K
for the fiscal year ended December 31, 2017, which was filed with the Securities and Exchange Commission (SEC)
on February 26, 2018, and is available
on the SEC's website at www.sec.gov.
Brian White at Topeka
Capital Markets said the relatively strong iPhone sales are good news
for Apple Inc., which reports its quarterly results
on Tuesday, along with AT&T.
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.
The NOCs are being approached by lawyers and investment bankers not just from Calgary but from Houston and Melbourne too, seeking patient
capital for long - timeline projects while equity prices
for energy companies have been steadily sinking
on stock
markets despite the high price of oil.
Tom Sepenzis, Northland
Capital Markets managing director, weighs in
on the news that Broadcom is exploring a takeover deal
for Qualcomm.
A daughter to Cuban immigrants, Pestana is involved in various firm initiatives focused
on diversity and is currently the Diversity & Inclusion Champion
for the NY Banking and
Capital Market Group.
Both of those homegrown companies built a formidable strategic advantage by being first in the Latin American
market, says Alan Colmenares, who worked
for Intel's venture
capital arm in Mexico and Brazil and now serves as a facilitator in his native Colombia
for the Founder Institute, an incubator focused
on tech start - ups across the globe.
During a webcast presenting his 2017 outlook, Gundlach, the founder of DoubleLine
Capital, said certain «second - tier» managers were focusing
on 2.6 % as an important level
for the 10 - year Treasury yield — a threshold beyond which the bull
market in bonds would end.
Recommended resources: National Venture
Capital Association
For current
market data
on venture - backed IPOs and M&A transactions.
RBC
Capital Markets trimmed its year - end target
on the S&P 500 to 2,890 from 3,000, as it sees a tougher road
for the
market to post gains.
«If the Fed loses credibility,» the Argonaut
Capital Management president warned in a «Squawk Box» interview, «you'd be in
for a good correction
on the stock
market.
Entrepreneurs need to learn early
on that you can't launch a startup unless you have raised enough
capital for both your product development and your initial sales and
marketing activities.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and
capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of
capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and
market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial
market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report
on Form 10 - K
for the year ended Dec. 31, 2017, and any subsequent quarterly reports
on Form 10 - Q (the «Reports»).
Many blamed the problems
on Nooyi's cuts in advertising and
marketing for sodas and chips, as well as the $ 7.8 billion she spent to buy back Pepsi's bottlers, which reduced the company's return
on invested
capital.
Of the now seven fast - casual chains Renaissance
Capital tracked, only Chipotle has been
on the stock
market for greater than two years.
Though the trend is still at an early stage, it is worth paying attention to
for two reasons: unions may represent a new source of
capital for your company, and unions want to invest in worker - friendly businesses and therefore may one day have the same kind of impact
on private - equity deals that socially responsible investors have already had
on the stock
market.
«We continue to review our
capital program in the context of the current
market and are evaluating reducing our heavy oil drilling program
for the second half of 2018 and substituting a light oil program instead, if it makes sense,» said president Tim McKay
on a call with analysts.
Although increased
market volatility might make traders more dependent
on Bloomberg's services in the short term, any contraction in global trade and
capital markets would inevitably lower demand
for the company's services over time.
«The
capital markets had changed in general, but they had definitely changed
for the
on - demand or flexible economy,» he says.
«The broad expectation
for the FOMC meeting is that they won't make a move
on rates, but may move to a bit more hawkish with the language in its statement,» said Kevin Giddis, head of fixed income
capital markets at Raymond James, in a note.
One reason
for looking at junk bonds is that the firms that issue junk bonds are closer
on the risk continuum to a large mass of firms that are too small and too weak to issue bonds at all, and that rely
on banks or the informal
capital market for funds.
Last I checked Fidelity showed 2.75 %
for a 2 - year brokered CD from Morgan Stanley, and as you helpfully clarified when I posted about that, while these (as opposed to conventional CDs) are useful in that one can sell them
on the open
market before they mature, in the midst of a rising - rate environment this will likely incur a
capital loss.
These risks and uncertainties include competition and other economic conditions including fragmentation of the media landscape and competition from other media alternatives; changes in advertising demand, circulation levels and audience shares; the Company's ability to develop and grow its online businesses; the Company's reliance
on revenue from printing and distributing third - party publications; changes in newsprint prices; macroeconomic trends and conditions; the Company's ability to adapt to technological changes; the Company's ability to realize benefits or synergies from acquisitions or divestitures or to operate its businesses effectively following acquisitions or divestitures; the Company's success in implementing expense mitigation efforts; the Company's reliance
on third - party vendors
for various services; adverse results from litigation, governmental investigations or tax - related proceedings or audits; the Company's ability to attract and retain employees; the Company's ability to satisfy pension and other postretirement employee benefit obligations; changes in accounting standards; the effect of labor strikes, lockouts and labor negotiations; regulatory and judicial rulings; the Company's indebtedness and ability to comply with debt covenants applicable to its debt facilities; the Company's ability to satisfy future
capital and liquidity requirements; the Company's ability to access the credit and
capital markets at the times and in the amounts needed and
on acceptable terms; and other events beyond the Company's control that may result in unexpected adverse operating results.
«If we cut off our access to
capital markets for our energy sector, it will have a very significant impact
on prosperity in this province.»
Small businessmen and private individuals, who never understood that the Chrysler bail - out would squeeze $ 1.2 billion out of the credit
market, making it difficult and more costly
for them to raise business
capital or finance a mortgage
on a new house, all of which would have created new jobs
Only with bonds it's even harder to create a diversified portfolio using individual bonds
on your own unless you (a) have a large amount of
capital (typically bonds are sold in lots of $ 10,000 or $ 100,000) and (b) know how to trade bonds
on the open
market (transaction costs can be larger
for bonds than stocks because of the spreads and lack of liquidity).
In an effort to promote a more open economy and accelerate reforms, China established pilot Free Trade Zones (FTZs) that provide lower thresholds
for setting up new companies, have fewer restrictions
on capital flows, and offer more
market access to foreign investors.
On March 29, 2018, the United Kingdom's financial
markets regulator, the Financial Conduct Authority (FCA), issued a warning about Olsson
Capital, an unlicensed foreign exchange and broker of cryptocurrency contracts
for differences (CFDs) based in Sofia, Bulgaria.
FBR
Capital Markets analyst Daniel Ives said he believed Steinhafel, who will stay
on in an advisory role
for a while, is the first CEO to be removed following a major data breach.
The Whitney called
on the Higher Education and Not -
for - Profit Financing Group, a boutique arm of Morgan Stanley's institutional Fixed - Income Division that specializes in helping cultural institutions tap
capital markets.
Our funds may be affected by reduced opportunities to exit and realize value from their investments, by lower than expected returns
on investments made prior to the deterioration of the credit
markets and by the fact that we may not be able to find suitable investments
for the funds to effectively deploy
capital, all of which could adversely affect the timing of new funds and our ability to raise new
We work to gain a clear understanding of our clients» investment strategies, goals, and objectives, which allows us to conduct a consultative approach to
capital development, including providing assistance in assessing our clients»
marketing materials, critiquing their investment presentations, preparing them
for investor meetings, and opining
on their overall
marketing strategy.
Listed
on Crowdcube as a «first» combined debt and equity
capital raise, BrewDog and Equity
for Punks
marketed the offer as the «World's Biggest [funding] Round.
«It is almost impossible to estimate a value
for such an extraordinary stone given that a valuation is highly dependent
on the color, clarity and cutting and polishing characteristics,» Edward Sterck, a London - based analyst at BMO
Capital Markets, wrote in a note Thursday.
The rig - mining
market can grow to about $ 1.3 billion, and with GPUs making up approximately 2/3 of coin mining costs, the demand
for GPUs can increase to $ 875 million, according to a RBC
Capital Markets report
on June 6.
Read our white papers
on the venture
capital secondary
market and the opportunity
for smaller venture
capital funds.
Taken together, the track record of the firm's investment team includes 11 IPOs, 29 successful acquisitions, multiple billions in public
market cap, and over 500 rounds in follow -
on capital raised
for portfolio companies.
Sina Weibo, Twitter - like service under Chinese online media company Sina (NASDAQ: SINA), got listed
on Nasdaq
Capital Market on April 17 under the ticker symbol of «WB» after it filed
for the long - rumored IPO in mid-March.
Yee joined the firm in 2016 and previously was an Analyst at Moelis & Company, where he worked
on several M&A transactions and
capital market engagements
for technology companies.