Not exact matches
YELLOWKNIFE, Northwest Territories, May 1 (Reuters)- Bank of Canada Governor Stephen Poloz said
on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household
debt, even as he signaled that interest rate hikes will continue, increasing the
cost of that
debt.
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.
YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said
on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household
debt, even as he signaled that interest rate hikes will continue, increasing the
cost of that
debt.
Meanwhile, as the government takes
on more
debt to fund its daily operations, the
cost to service that
debt will take up a larger chunk of government spending as well.
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.
The Canadian Medical Association, argued in its pre-budget submission that the government should maintain access to the small business deduction for physicians, since they enter the workforce later in life and often with significant
debt, and unlike small businesses are unable to pass
on higher
costs to clients.
The
cost of servicing the exploding
debt would exert tremendous pressure
on the government to eliminate investments that could fuel growth.
Mortgages aren't the only
debt Canadians are saddled with, however, and the rates
on credit cards, car loans, and home equity lines of credit could tick up as well, further increasing a household's overall carrying
costs.
With the scandal set to hurt profits and as funding
costs climb, the
debt load will likely increase beyond 5 times Ebitda, Mizuho Securities USA said Thursday in a note to clients, adding its internal credit rating
on BRF is now three steps below investment grade.
Accounting firm EY says
debt levels and an ongoing focus
on costs is placing more pressure mining services companies in Western Australia.
Terri Levine, a business mentoring expert, explains
on QuickBooks, that she advises her «clients to collect all outstanding
debts quickly, decrease prices by 10 to 15 percent, think about refinancing or borrowing money, offer customers discounts for prompt or upfront payments, and reduce
costs by eliminating unnecessary overhead.»
Standard and Poor's estimates the federal government's partial paralysis
cost $ 24 billion, and consultancy IHS Global Insights said
on Wednesday that the spike in short - term interest yields witnessed in the week of Oct. 14 alone will add $ 114 million to the federal
debt.
Applicants are directed to furnish basic information about themselves and their businesses, including personal information (full legal name, street address); basic business information (employer ID number, type of business, number of employees, banking institution used); names and addresses of management personnel; estimated business expenditures and
costs (including details
on the SBA loan request); summary of collateral; summary of previous government financing; and listing of
debts.
If the sum of the expected cash flow (
on a discounted basis) you'd be giving up for an equity investment are greater than the
costs of the
debt, then you are better off getting
debt.
It is this lower
cost of capital that should be factored in when calculating the return from taking
on debt.
The central bank noted in its statement that «financial vulnerabilities in the household sector continue to edge higher,» which is the Governing Council's way of saying that ultra-low borrowing
costs continue to put upward pressure
on asset prices and personal
debt.
The only thing to do, it seemed, was to keep cutting
costs and, hopefully, negotiate easier terms
on all that
debt.
Plenty of ink has been spilled
on the root causes behind this troubling phenomenon, from high student
debt to the rising
costs of healthcare.
The Bank of Canada, for one, has carefully assessed the economic risks of consumer
debt in order to determine how quickly it can raise interest rates without piling
on too many
debt - servicing
costs for over-stretched households.
And massive
debt service
costs could limit the carrier's ability to maintain or raise the dividend
on its stock, which is one of the primary attractions for investors.
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.
Adding Time Warner could
cost $ 85 billion or more, including taking
on the company's
debt.
The deals are ordered by their estimated
cost, as calculated by Dealogic
on the basis of their fully diluted shares and including
debt.
Annualized GAAP interest expense based upon $ 780 million principal outstanding and using the LIBOR based interest rate spread in effect
on April 29, 2016, was $ 44 million and included $ 5 million in
debt issuance
cost.
Auditor general Bonnie Lysyk's report noted that the government now spends more
on debt interest than it does
on post-secondary education, and those interest
costs are growing.
Flaherty supports the proposal, arguing in an April letter to his G20 counterparts that embedded contingent capital would «force the
costs of excessive risk - taking to be removed from taxpayers and placed
on to the right people — shareholders and subordinated
debt holders — thus improving market discipline.»
Ontario has taken an opposing approach: projecting high
debt financing
costs, creating room for the province to under - promise and over-deliver
on deficit reduction.
Based
on the
cost of insuring Venezuelan sovereign
debt, the markets are estimating an 80 percent chance of a default within the next year.
Examples of such projects providing marginal benefits are: improving financial reporting systems through better information technology, minor tweaks to supply chain logistics, cutting back
on marketing or increasing low -
cost advertising (like social media), «rationalization» of head count, holding average wages as low as possible, squeezing suppliers a little bit, not repatriating earnings to stave off taxation, refinancing rather than retiring
debts, and the share buyback that is insensitive to a company's current stock price.
The amount of
debt that is projected under the extended baseline would reduce national saving and income in the long term; increase the government's interest
costs, putting more pressure
on the rest of the budget; limit lawmakers» ability to respond to unforeseen events; and increase the likelihood of a fiscal crisis, an occurrence in which investors become unwilling to finance a government's borrowing unless they are compensated with very high interest rates.
When it comes to credit card
debt, some people think it's the result of overspending, while others blame it
on the rising
cost of living for necessities.
Some examples: in the presence of full expensing, a corporate rate reduction has no effect
on the
cost of capital for equity - financed investments and raises the
cost of capital for
debt - financed investments.
With
debt financing, the fixed repayment schedule and the high
cost of loan repayment can make it difficult for a business to expand while with equity financing, money is invested in the business in exchange for equity - there is no fixed repayment schedule and investors generally have a long term goal of return
on investment.
More than half of Country Garden's $ 12.8 billion in
debt is denominated in American or Hong Kong dollars, though the company said
on Wednesday that its overall
cost of borrowing had declined.
He was also forced to clean up other messes, including bad bets
on U.S. subprime mortgages and structured
debt that
cost the bank more than $ 10.7 billion in writedowns from 2007 to 2009, the most of any Canadian lender during the financial crisis.
Kelter estimates if the company took
on C$ 1 billion of
debt and increased its leverage to three times EBITDA including restructuring or rent
costs, it could fund a C$ 6.50 special dividend or buy back up to 12 percent of shares.
However, it's a low -
cost way to increase your life insurance coverage if you're a young parent or have significant
debt that would be passed
on to others, such as small business loans.
So the short answer to the question: Yes, imposing new
costs —
debt service, dividend payments, or lease
costs —
on these spinoffs will make life harder.
On average, Millennials under 25 spend 4.2 % more of their income on education than their parents did.3 Higher costs have meant more student debt which has put a damper on spendin
On average, Millennials under 25 spend 4.2 % more of their income
on education than their parents did.3 Higher costs have meant more student debt which has put a damper on spendin
on education than their parents did.3 Higher
costs have meant more student
debt which has put a damper
on spendin
on spending.
Peltz also proposed cutting other «excess»
costs, adding
debt, adopting a more shareholder - friendly policy for distributing cash from CyclicalCo / CashCo, prioritizing high returns
on invested capital for initiatives at GrowthCo, and introducing more shareholder - friendly governance, including tighter alignment between executive compensation and returns to shareholders.
The latter re-incorporated themselves as «banks» to get Federal Reserve handouts and access to the Fed's $ 2 trillion in «cash for trash» swaps crediting Wall Street with Fed deposits for otherwise «illiquid» loans and securities (the euphemism for toxic, fraudulent or otherwise insolvent and unmarketable
debt instruments)-- at «
cost» based
on full mark - to - model fictitious valuations.
There are many other ways of allocating a significant portion of the
debt - servicing
cost to unwilling agents in the economic equivalent of
debt forgiveness: to creditors when
debt is repudiated, to workers when wages are suppressed in order to increase net revenues for
debt servicing, to small business owners when assets are expropriated to pay down
debt, and so
on.
In short, the
debt taken
on by the new company will loom over every operating decision Tim's makes, thrusting the coffee chain into uncharted territory where it must answer to a cutthroat private investment firm in faraway Brazil that never saw a
cost it couldn't synergize.
This means that over time, your credit card
debts could
cost you a lot of money in interest unless you clear your balance
on time every month.
This increase will be driven by increasing
costs for Social Security, health care, and interest
on the
debt combined with insufficient revenue.
The vast majority of spending growth over the next decade is the result of rising
costs for health care, Social Security, and interest
on the
debt.
What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion
on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by
debt leveraging at less than 1 % interest
cost?
-- Goethe What is to stop U.S. banks and their customers from creating $ 1 trillion, $ 10 trillion or even $ 50 trillion
on their computer keyboards to buy up all the bonds and stocks in the world, along with all the land and other assets for sale, in the hope of making capital gains and pocketing the arbitrage spreads by
debt leveraging at less than 1 % interest
cost?
For example, people with lower incomes are likely to be sensitive to interest rate changes because of the potential effects
on their employment income and their
debt - service
costs.
3 It may seem willfully perverse to most analysts to suggest that a
debt - equity swap does not reduce
debt, but that is because most analysts do not think systemically and fail to consider the overall impact of these transactions
on debt - servicing
costs and
on contingent liabilities of the government.