As a participant, the policy holder in a mutual life insurance company receives «dividends»
on the cash value which is not income but rather a return of premiums.
As a participant, the policy holder in a mutual company receives «dividends»
on the cash value which is not income but rather a return of premiums.
Not exact matches
It's expected to be a noisy quarter for bank earnings in general, thanks in part to the tax law,
which has caused many banks to book losses
on repatriated
cash and deferred tax assets that declined in
value.
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.
In a note, analyst Michael Senno wrote that «as an owner of sports cable networks and teams, we believe that MSG is well positioned to capitalize
on the increasing
value of premium sports content,
which should result in AOCF and free
cash flow growth above its peers and, combined with incremental leverage, lead to solid shareholder returns.»
«For the remainder of 2014 we will focus
on our multi-layered growth strategy,
which incorporates same - store sales growth, leverage from higher sales, deployment of free
cash flow, increasing royalty revenues and new drive - in development to build shareholder
value,» Sonic CEO Cliff Hudson said in a statement.
On April 25th, 2018, Globalstar announced that it has signed a merger agreement with Thermo Acquisitions, Inc., pursuant to
which the following assets will be combined with the former: metro fiber provider FiberLight, LLC; 15.5 million shares of common stock of CenturyLink, Inc.; $ 100 million of
cash and minority investments in complementary businesses and assets of $ 25 million in exchange for Globalstar's common stock
valued at approximately $ 1.65 billion, subject to adjustments.
«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to -
value, reducing the risk to [the bank], and then passing
on some benefits [to the borrower] in the form of lower interest rates,
which help
cash - flow issues.»
It was suddenly trading below the
value of its
cash and inventory, it had hardly any liabilities and, despite that one revision (
which the company blamed
on poor weather conditions), it was still making money.
The potential
cash - and - stock deal,
which values Andeavor at about $ 150 per share, is expected to be announced
on Monday, the WSJ reported, citing sources.
Echelon is now focusing its growth
on «smart» commercial & municipal LED lighting (although its fab-less chip business has apparently now stabilized after a long decline), and if the lighting business accelerates (and it could, due to recent sales force hires and new products), I think there's a chance it can hit a break - even annualized revenue run - rate of $ 40 million by Q4 - 2019 (pushed back from my earlier hoped - for timeline) at
which point — assuming $ 14 million of remaining net
cash (vs. an estimated $ 18 million at the end of Q2 2018) and 4.7 million shares outstanding (vs 4.52 million today), an enterprise
value of 1x revenue
on this 53 % gross margin company would put the stock in the mid - $ 11s per share.
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
on invested
A stock appreciation right entitles a participant to receive a payment, in
cash, common stock, or a combination of both, in an amount equal to the difference between the fair market
value of the stock at the time of exercise and the exercise price of the award,
which may not be lower than the fair market
value of the Company's common stock
on the day of grant.
Berkshire and 3G will invest $ 10 billion in the deal,
which values Kraft at about $ 46 billion, before net debt, based
on its stock price Tuesday and the
cash payment investors will receive.
What worries me more about Arcelor is the fact that, while its stock looks cheap when
valued on GAAP earnings, S&P Global Market Intelligence figures show that only about 20 % of the company's net income is backed up by real free
cash flow,
which amounted to only $ 661 million over the past 12 months.
I'm not sure whether RE will work with their business model for, but it can certainly be a
value - added service
on advising
on the market,
cash flow, and taxation
which they do.
Ultimate Rewards (earned from the Sapphire Reserve / Preferred) can be used at a fixed -
value when booking through UltimateRewards.com but can also be worth more when transferring to travel partners like Hyatt or United where you pay a fixed number of points in those programs
which are not dependent
on the
cash cost of that room / flight otherwise.
Aetna shareholders will receive $ 145 in
cash and 0.8378 of a CVS Health share for each Aetna share,
which was
valued at $ 207.94
on Dec. 1, the Friday before the deal was announced.
This is utterly different from true discounting -
which does not rely
on multiples, but instead carefully traces out the likely path of future revenues, profit margins,
cash flows and earnings over time, and explicitly discounts expected payouts and probable terminal
values back at an appropriate rate of return.
Tim Hortons shareholders must vote
on whether to approve the
cash - and - share offer,
which values Tim Hortons at $ 94 a share, up from $ 68 last Friday.
Valuation — with regards to valuation of the company at $ 240 per share, this includes
valuing the business at $ 216 per share (at 18x our FY 2016 earnings estimate of $ 12 per share) plus net
cash per share of $ 24 ($ 150 billion of net
cash less the tax effect
on international
cash for repatriation,
which we estimate to ultimately be 6 %, and for simplicity purposes, apply to all
cash on balance sheet rather than just the international
cash).
However, if the ordinary shares or ADSs are treated as traded
on an «established securities market» and you are either a
cash basis taxpayer or an accrual basis taxpayer that has made a special election (
which must be applied consistently from year to year and can not be changed without the consent of the IRS), you will determine the U.S. dollar
value of the amount realized in a non U.S. dollar currency by translating the amount received at the spot rate of exchange
on the settlement date of the sale.
I know Steve (and possibly most investors talk of keeping
cash on hand for a «potential drop in the mkt and getting great
value buys» sort of thing),
which I agree makes a lot of sense.
Since corporations have to deliver
cash flows both to stock holders and bondholders, the combined financial claims
on a company are often measured using «enterprise
value,»
which includes the
value of both.
Recall that the core of our investment philosophy is the notion that
value is a function of the present
value of all
cash flow streams, not news headlines,
which often have little or no impact
on the long - term viability of
cash flow streams.
Unlike most of our typical investment reports
which focus
on free
cash flow utilization, net asset
value investing, mean reversion of margins or special situations, this report will look at the investment merits of a company that generates little free
cash flow at the moment and is somewhat of a growth investment if company management is successful in achieving its objectives.
The potential tax benefits from investing in MLPs depend
on their being treated as partnerships for federal income tax purposes and, if the MLP is deemed to be a corporation, then its income would be subject to federal taxation at the entity level, reducing the amount of
cash available for distribution to the fund
which could result in a reduction of the fund's
value.
In short, the strategy I'm talking about involves selling a
cash - secured put or a covered call
on a high - quality dividend growth stock when it's trading at a reasonable price (
which is typically at or below fair
value).
Always understand how it is
valued,
which is ususally based
on existing or future
cash flows.
However, you take
on the risks inherent in investing (meaning you might lose the
cash value) and don't have the full range of investment options
which would be offered through a brokerage account or retirement account.
We not only want to reveal to investors
which firms are undervalued (both
on a discounted
cash flow and relative
value basis), in our view, but we also want to provide investors with the information needed to anticipate entry and exit points.
The presentation made clear the risks,
which hinged
on the nations not defaulting or the bonds losing so much
value they caused a
cash squeeze.
Late
on Friday night Saputo revealed it was lifting its $ 8
cash per share bid to $ 9 per share, matching Murray Goulburn's offer but putting it slightly below Bega Cheese's
cash and scrip bid,
which valued WCB shares at $ 9.13
on Friday.
The 29 - year - old is also nearing the stage where he may not hold much in the way of
value in the transfer market for much longer,
which could persuade Arsenal to
cash in
on him while they can.
The only way I can see change is if Kroenke decides to
cash in
on his shares,
which are rising in
value daily, with the club now being
valued at # 2 billion.
Leicester's hand may finally be forced by the fact that Mahrez will have two years left
on his contract, the point at
which many clubs choose to
cash in before the
value of their prized assets start to depreciate.
I also love owning bags
which have a decent resale
value; because you never know when you might need to turn your collection into
cash; especially when you spend a couple thousand dollars, or more,
on a bag!
Warner Brothers,
which is marketing the film as a conventional thriller, recently overruled the producers» desire to show it in European festivals so that the studio could open it wide (in many theaters at once) and
cash in as quickly as possible
on the name
value of its cast before word - of - mouth about its depressing subject matter could kill it.
Much like Monopoly, you use your starting wealth of
cash to purchase unoccupied property you land
on,
which you can expand the
value of by investing in (you can do this when you land
on one of your own lots or
on the bank square).
Insurance typically pays the vehicle's actual
cash value rather than the amount remaining
on your loan or lease,
which could leave a financial «gap» of thousands of dollars.
Perhaps the best - known «price - neutral» strategy is fundamental weighting,
which is based
on a company's dividends, free
cash flow, total sales and book
value.
While there are two different rates for
cash advances or balance transfers, one rate is chosen based
on which generates a greater
value.
On one end of the spectrum is the fixed index annuity
which offers a conservative contractual rate of return applied to the account or
cash value growth.
In the world of annuities, there are a few different types of contracts
which vary based upon how the
cash value is accumulated
on a tax deferred basi...
On the opposite end are variable annuities
which carry more risk of investment loss AND also may offer the opportunity for higher returns and
cash value growth.
Universal life policies typically offer a guaranteed rate
on cash value,
which may vary, depending
on the policy provisions.
This card offers rewards
on your purchases,
which are tracked as points that you can redeem for instant savings at the Amazon.com checkout for eligible purchases or for gift cards,
cash back and travel
on Chase.com (redemption
value may vary based
on how you choose to redeem your points).
Companies are generally
valued on a complex combination of current assets and likely future
cash flows, the latter of
which is exceptionally hard to calculate accurately.
Replacement cost is a part of the standard Avalon Fort Greene renters insurance, so if the worst happens you'll only worry about
which options to choose for your replacement property, not whether you can afford to replace something based
on the actual
cash value.
Balance transfer and
cash advance transactions warrant a fee of either $ 10 or 3 % depending
on which value is greater.