In it's 100 year run Protective stands today as an A rated life insurance company based
on their operating performance, financial flexibility and asset quality.
Insurance companies are rated based
on their operating performance, liquidity and the company's capitalization.
Still, the reclassification of costs for two 787 Dreamliner flight - test airplanes, tough decisions around 747 production (slow sales led to unsold aircraft), and higher costs on developing models weighed
on operating performance.
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.
Based
on our experience, we initially thought this was due to a combination of two factors: a normal, temporary
performance impact when upgrading the
operating system as iPhone installs new software and updates apps, and minor bugs in the initial release which have since been fixed.
In an effort to fix its international
performance, Walmart in January appointed Chief
Operating Officer Judith McKenna to run its international unit and has indicated it will focus
on its core North American markets and growth markets like China and India.
Despite Microsoft's remarkable financial
performance, as Microsoft CEO Ballmer failed to understand and execute
on the five most important technology trends of the 21stcentury: in search - losing to Google; in smartphones - losing to Apple; in mobile
operating systems - losing to Google / Apple; in media - losing to Apple / Netflix; and in the cloud - losing to Amazon.
The bowl
operates similarly to other fantasy football platforms: Users will select a team of nine players — who score points based
on their real - life, in - game
performances — and face off against teams assembled by other contestants across the country.
The location - based services offered in connection with our Mobile App (s) or feature (s) are for individual use only and should not be used or relied
on as an emergency locator system, used while driving or
operating vehicles, or used in connection with any hazardous environments requiring fail - safe
performance, or any other situation in which the failure or inaccuracy of use of the location - based services could lead directly to death, personal injury, or severe physical or property damage.
The company identifies these based
on how management views the company's business; makes financial,
operating and planning decisions; and evaluates the company's ongoing
performance.
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.
FFO as Adjusted: A supplemental non-GAAP measure that the company believes is more reflective of its core
operating performance and provides investors and analysts an additional measure to compare the company's
performance across reporting periods
on a consistent basis by excluding items that we do not believe are indicative of our core
operating performance.
COPENHAGEN, Feb 1 - Danish energy group Orsted beat quarterly
operating profit forecasts
on Thursday thanks to a strong
performance in its offshore wind business and said it planned to expand into onshore wind, solar power and energy storage.
It's
operating from a position of strength and in 2016 saw
operating return
on equity of 13.3 %, consistent with its
performance over the decade despite historically low interest rates.
Microsoft's latest Surface Book became available to pre-order
on Nov. 9, and some reviewers who've already taken it for a test run hail it as a «top - of - the - line powerhouse,» with a 13.5 - inch or 15 - inch display, dual - core and available quad - core processors, exceptional battery life of up to 17 hours, and NVIDIA graphics
performance, all
on the Windows 10 Pro
operating system.
EBITDA is defined as earnings (net income or loss) before interest expense, net, (gain) loss
on early extinguishment of debt, income tax (benefit) expense, and depreciation and amortization and is used by management to measure
operating performance of the business.
We eliminate these acquisition - related expenses from adjusted EBITDA and adjusted net income to provide management and investors a tool for comparing
on a period - to - period basis our
operating performance in the ordinary course of operations.
As it is a non-cash charge, however, and highly dependent
on our share price at the time of equity award grants, we believe that it is useful for investors and analysts to see certain financial measures excluding the impact of these charges in order to obtain a clearer picture of our
operating performance.
The
performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as
Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
Performance - Based Compensation depends shall relate to one or more of the following
Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit,
operating income,
operating margin, profit margin, gross margins, return
on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to
operating cash flow and free cash flow), cash position, return
on assets or net assets, return
on capital, return
on invested
The payout of PSUs is based
on IBM's three - year cumulative
performance against
operating EPS and free cash flow targets.
Bonus amounts under our bonus plan are tied to overall corporate and individual
performance, and the bonus pool for executive officers is based
on our
performance during the fiscal year compared to pre-established target levels for three equally - weighted measures: revenue,
operating cash flow and non-GAAP income from operations.
Under the Bonus Plan, our compensation committee, in its sole discretion, determines the
performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales,
operating cash flow,
operating expenses,
operating income,
operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return
on assets, return
on capital, return
on equity, return
on investment, return
on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.
Barclays is giving advice «
on value - boosting transactions — such as spinoffs, splitoffs and carveouts — to help deter activists,» and working with companies «to pinpoint the factors driving poor
performance, such as the company's balance sheet,
operating performance, or corporate structure.»
But we're able to hold the line
on operating profit in China and with the strong
performance of our brands outside of China, in aggregate, we have line of sight to at least 15 % core
operating profit growth for the full - year.
Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018,
on both a consolidated and segment basis; projected total revenue growth and global medical customer growth, each over year end 2017; projected growth beyond 2018; projected medical care and
operating expense ratios and medical cost trends; our projected consolidated adjusted tax rate; future financial or
operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future growth, business strategy, strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas; financing or capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the proposed merger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or
performance.
Midland National is accredited by the Better Business Bureau, and has earned an A + (Superior) rating from A.M. Best, a large third - party independent reporting and rating company that rates an insurance company
on the basis of the company's financial strength,
operating performance and ability to meet its ongoing obligations to policyholders.
As explained more fully
on page 59, our
performance goals are in line with our
operating plans, which are established with input and review by the Board.
Our NEOs» annual and long - term incentive pay is based
on operating income, sales, and ROI, which are aligned with our strategy, can be impacted by our executives, and are important indicators of retail
performance.
Performance for class B, C, M, R, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class
Performance for class B, C, M, R, and Y shares prior to their inception is derived from the historical
performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class
performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher
operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based
on the historical
performance of class
performance of class B shares).
Using a proprietary algorithm to calculate shipment arrival times, FourKites enables customers to lower
operating costs, improve
on - time
performance, and strengthen end - customer relationships.
Management uses Adjusted EPS to assess
operating performance on a consistent basis.
If a work stoppage occurs, it could delay the manufacture and sale of our
performance electric vehicles and have a material adverse effect
on our business,
operating results or financial condition.
In the second quarter of fiscal 2017, the company performed an interim impairment assessment
on the intangible assets of the Bolthouse Farms carrot and carrot ingredients reporting unit and the Garden Fresh Gourmet reporting unit as
operating performance was well below expectations and a new leadership team of the Campbell Fresh division initiated a strategic review which led to a revised outlook for future sales, earnings, and cash flow.
The market price of our common stock following this offering will depend
on a number of factors many of which are beyond our control and may not be related to our
operating performance.
The Company believes Adjusted EPS provides important comparability of underlying
operating results, allowing investors and management to assess
operating performance on a consistent basis.
«GM trades at a significant discount to its intrinsic value despite the company's strong
operating performance... By placing what we believe are conservative valuations
on each component, it's easy to get a value that is 27 % to 79 % higher than the current share price.
The Company's chief
operating decision - maker is the chief executive officer who reviews financial information presented
on a consolidated basis, accompanied by disaggregated information about revenue by geographic region for purposes of allocating resources and evaluating financial
performance.
It may not be able to raise capital and because the equity is a relatively small portion of the capitalization, very small movements in the
operating performance of that business can have a damaging impact
on the equity value.»
CWB's core
operating performance for fiscal 2016 was also strong based
on achievement of record total revenues and 8 % growth of pre-tax, pre-provision income to $ 353.8 million.
On the other hand, the company's
operating performance for 2016 isn't likely to get investors terribly excited.
A: Our model evaluates five indicators of shareholder wealth and business
performance: total shareholder return, earnings per share growth, change in
operating cash flow, return
on equity and return
on assets.
Performance for class B, C, M, R, T1, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y and T1 shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class
Performance for class B, C, M, R, T1, and Y shares prior to their inception is derived from the historical
performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y and T1 shares, the higher operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based on the historical performance of class
performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y and T1 shares, the higher
operating expenses for such shares (with the exception of Putnam Tax - Free High Yield Fund and Putnam AMT - Free Municipal Fund, which are based
on the historical
performance of class
performance of class B shares).
The company then uses its deep global
operating experience to improve long - term
performance on behalf of its clients.
This press release contains forward - looking statements that are based
on management's current expectations, assumptions and beliefs about its business, financial
performance,
operating results, the industry in which it
operates and other future events.
Note
on forward - looking statements: This press release contains «forward - looking statements» within the meaning of federal securities laws, including the information concerning possible or assumed future results of operations, business strategies, financing plans, potential growth opportunities, potential
operating performance improvements, benefits resulting from the separation of Marriott International and Marriott Vacations Worldwide, and similar statements concerning anticipated future events and expectations that are not historical facts.
Performance share goals include
operating income, return
on net assets, stock price, and sales.
The expense cap is a voluntary limit
on total fund
operating expenses (exclusive of any acquired fund fees and expenses,
performance fees, extraordinary expenses, taxes, brokerage commissions and interest) that U.S. Global Investors, Inc. can modify or terminate at any time, which may lower a fund's yield or return.
The expense ratio after waivers is a voluntary limit
on total fund
operating expenses (exclusive of any acquired fund fees and expenses,
performance fees, taxes, brokerage commissions and interest) that U.S. Global Investors, Inc. can modify or terminate at any time, which may lower a fund's yield or return.
The stakes are high considering most pastors have to raise their salaries, the money for the
operating budget (building, staff, utilities) plus a stipend for visitors, missions, head office... they also have to report back to their «authority» or board
on growth,
performance, management, etc..
No delay or omission
on the part of either party in requiring
performance by the other party of its obligations will
operate as a waiver of any right.