It is just that any cash not needed to run the business should not be part of the assessment of how well the company is performing, as it has not yet been invested in
operating assets of the company.
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.
Vodafone, Germany's No. 2 wireless player,
operates across the rest
of the country, meaning there is no overlap in the two
companies» fixed - line
assets, the deal's backers say.
A newly formed
company then acquired all
of OnLive's
assets and will continue to
operate under its name and run its services.
CEOC's creditors have accused the parent
company of looting choice
assets from its
operating unit and leaving it bankrupt.
The acquisition would create a
company with an ownership interest in almost $ 100 billion real estate
assets globally and annual net
operating income
of about $ 5 billion, according to Brookfield Property.
According to the International Business Brokers Association, a
company's value is determined by a compilation
of factors such as sales, earnings, performance, market outlook, personnel, net book value, and the fair market replacement value
of equivalent
operating assets.
But that volatility, as Ghosh likes to note, is the upside
of the integrated nature
of the
company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream
assets — on the midstream side, Husky
operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.
Based in Winston - Salem, N.C., the
company operates 2,139 financial centers in 15 states and Washington, D.C., and offers a full range
of consumer and commercial banking, securities brokerage,
asset management, mortgage and insurance products and services.
The
company's sales were down 39 % year - over-year due in part to shuttered lines and in part to fewer project sales, but despite $ 18 million in restructuring and
asset impairment charges, First Solar still pulled off a positive
operating margin and a net profit
of $ 52 million.
In contrast,
operating leases accounting requires no record
of debt or the value
of the leased
asset on a
company's balance sheet.
The founders
of a startup generally purchase shares at the time
of incorporating the
company at a nominal price per share, such as $ 0.0001 per share, paid in cash, since at that time the
company will have no
operating history, few
assets and thus little value.
At Trillium
Asset Management, Simon Billenness pioneered the use
of shareholder engagement
of companies operating in countries with repressive regimes.
The newly formed
company that acquired Palo Alto - based OnLive's
assets will
operate under OnLive's name, continue to offer its services and
operate its game service and has offered jobs to nearly half
of the
company's former employees.
We make several adjustments to get from reported net
assets to invested capital because
companies can hide
assets and liabilities off
of the balance sheet in the form
of reserves,
operating leases, deferred compensation, and many other techniques.
Since restaurants
operate in an industry where future revenue streams are highly unpredictable, many small business lenders will often look at a
company's
assets and liabilities to gauge the likelihood
of a loan being paid back.
«Brookfield Property Partners is a diversified global real estate
company that owns,
operates and develops one
of the largest portfolios
of office, retail, multifamily, industrial, hospitality, triple net lease and self - storage
assets.»
Important factors that may affect the
Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the
Company's ability to maintain, extend and expand its reputation and brand image; the
Company's ability to differentiate its products from other brands; the consolidation
of retail customers; the
Company's ability to predict, identify and interpret changes in consumer preferences and demand; the
Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible
assets; volatility in commodity, energy and other input costs; changes in the
Company's management team or other key personnel; the
Company's inability to realize the anticipated benefits from the
Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution
of the
Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the
Company; the
Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the
Company operates; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives that the
Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the
Company's inability to protect intellectual property rights; impacts
of natural events in the locations in which the
Company or its customers, suppliers or regulators
operate; the
Company's indebtedness and ability to pay such indebtedness; the
Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
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.
Moreover,
companies increasingly follow the practice
of under - depreciating
assets to pump up their
operating earnings, writing down their
assets instead as «extraordinary losses» which aren't included in that
operating earnings number.
Figure 1 shows our 2012 rankings for the five
companies with the largest
asset write - downs hidden in
operating expenses and the five with the largest write - downs as a percent
of revenues.
Important factors that may affect the
Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to,
operating in a highly competitive industry; changes in the retail landscape or the loss
of key retail customers; the
Company's ability to maintain, extend and expand its reputation and brand image; the impacts
of the
Company's international operations; the
Company's ability to leverage its brand value; the
Company's ability to predict, identify and interpret changes in consumer preferences and demand; the
Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible
assets; volatility in commodity, energy and other input costs; changes in the
Company's management team or other key personnel; the
Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution
of the
Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the
Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we
operate; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; the
Company's ability to protect intellectual property rights; impacts
of natural events in the locations in which we or the
Company's customers, suppliers or regulators
operate; the
Company's indebtedness and ability to pay such indebtedness; the
Company's ownership structure; the impact
of future sales
of its common stock in the public markets; the
Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements
of the
Company's consolidated financial statements; and other factors.
Asset information by operating segment is not reported to or received by the chief operating decision maker, and therefore, the Company has not disclosed asset information for each of the operating segm
Asset information by
operating segment is not reported to or received by the chief
operating decision maker, and therefore, the
Company has not disclosed
asset information for each of the operating segm
asset information for each
of the
operating segments.
Important factors that may affect the
Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the
Company's ability to maintain, extend and expand its reputation and brand image; the
Company's ability to differentiate its products from other brands; the consolidation
of retail customers; the
Company's ability to predict, identify and interpret changes in consumer preferences and demand; the
Company's ability to drive revenue growth in its key product categories, increase its market share or add products; an impairment
of the carrying value
of goodwill or other indefinite - lived intangible
assets; volatility in commodity, energy and other input costs; changes in the
Company's management team or other key personnel; the
Company's inability to realize the anticipated benefits from the
Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution
of the
Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations
of the
Company in the expected time frame; the
Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the
Company operates; the volatility
of capital markets; increased pension, labor and people - related expenses; volatility in the market value
of all or a portion
of the derivatives that the
Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation
of data or breaches
of security; the
Company's inability to protect intellectual property rights; impacts
of natural events in the locations in which the
Company or its customers, suppliers or regulators
operate; the
Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.
Back in Novembr 2016 the trading brand,
operated by Rodeler Ltd, became one
of the first major brokers in the industry to use its own proprietary software and broadly widen the
assets offered by the
company.
The
company has also included this information because changes in
operating assets and liabilities relate to the timing
of cash receipts and disbursements which the
company may not control and may not relate to the period in which the
operating activities occurred.
A lot
of it may also be that people are still treating this as a highly indebted, risky, poorly
operated, and marginally profitable
company that it is without looking deeper at the
assets that it will still hold after receiving the $ 1.7 billion from Itochu, and how new Dole will now be a much healthier and less risky
company
The real estate segment invests in real estate equity for the acquisition and recapitalization
of real estate
assets, portfolios, platforms and
operating companies, and real estate debt, including first mortgage and mezzanine loans, preferred equity and commercial mortgage backed securities.»
IPSX, the International Property Securities Exchange, will
operate the first dedicated exchange globally to provide a public stock market solely for the admission and trading
of shares in
companies owning and managing individual commercial property
assets.
The
company completed the sale
of partially developed land, an
operating golf course and related
assets in Kauai, Hawaii and the sale
of partially developed land, an
operating golf course, spa and clubhouse and related facilities, in Abaco, Bahamas for aggregate gross cash proceeds
of $ 50 million.
Adjusted for the fine and the
asset write down, the
company earned $ 176 million in
operating income in the TTM period, as compared to the unadjusted figure
of $ 74 million.
On January 17, 2012, Judge Carol E. Jackson
of the U.S. District Court, Eastern District
of Missouri granted the SEC's request for emergency injunctive relief (including an
asset freeze and appointment
of a receiver) against Burton Douglas Morriss as well as several investment management
companies and private equity funds
operated by Morriss in response to the SEC's complaint alleging that Morriss misappropriated more than $ 9 million in investor
assets from 2005 through 2011.
The
company operates several online trading sites that allow customers to buy or sell binary options and profit from «predicting» whether the price
of a certain
asset will be be higher or lower within a specific amount
of time (for example 60 seconds).
3rd November 2017 - Cboe Global Markets acquires
assets of Silexx Financial Systems, a US
company that develops and
operates a multi-asset order and execution management system for institutional customers
Examples
of these risks, uncertainties and other factors include, but are not limited to the impact
of: adverse general economic and related factors, such as fluctuating or increasing levels
of unemployment, underemployment and the volatility
of fuel prices, declines in the securities and real estate markets, and perceptions
of these conditions that decrease the level
of disposable income
of consumers or consumer confidence; adverse events impacting the security
of travel, such as terrorist acts, armed conflict and threats thereof, acts
of piracy, and other international events; the risks and increased costs associated with
operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread
of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise
operating costs; any impairment
of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount
of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in
operating our business; the significant portion
of our
assets pledged as collateral under our existing debt agreements and the ability
of our creditors to accelerate the repayment
of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss
of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price
of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times
of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability
of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we
operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the
Company with the Securities and Exchange Commission.
Though rumors
of a sale began circulating in February, the 100 - year - old, family - owned jerky
company announced yesterday that it's selling all
of the
assets and
operating divisions to Premium Brands Holdings.
«Maria's skills and leadership will be a major
asset to Keurig as we
operate as a public
company upon the close
of our merger with Dr Pepper Snapple Group,» said Mr. Dokmecioglu.
He is also Chairman
of the Lexington Realty Trust, a real estate investment trust (REIT), and acts as Managing Director
of The LCP Group, L.P., a private real estate advisory firm which is a partner and investor in Crescent Hotels & Resorts
operating company and
assets.
There is no question in the mind
of the writer that the two
companies operated in a tight partnership, with joint ownership and management
of assets.
Disincorporation Relief allows a
company to transfer certain types
of assets (
company assets such as land and buildings, goodwill and other intangible
assets) to its shareholders (who continue to
operate the business in an unincorporated form) without the
company incurring a corporation tax charge on the disposal
of the
assets.
«Scott Brickner, finance and
asset manager vice president, said in addition to bond financing, the airport could invite airlines to finance all or part
of the expansion or enter into a public - private partnership with a
company that would build, maintain and
operate the terminal.»
With approximately $ 149.9 billion in
assets as
of June 30, 2014, Ally
operates as a financial holding
company.
However, an aspect
of leveraged loans that was not developed in this article is that the loans are secured by the
assets of the
operating company and the terms are usually superior to those
of high - yield bonds, which are generally unsecured.
Chapman's oeuvre is «
asset - rich
companies with battered stock prices» (WSJ.com subscription required) and he often
operates in the universe
of stocks trading below liquidation value.
We've written previously about Chapman's fondness for «
asset - rich
companies with battered stock prices,» which sees him frequently
operating in the universe
of stocks trading below liquidation value.
Due to the nature
of its industry, Talisman
operates with a low profit margin (worryingly under 2 % in 2012), but the
company does have a solid amount
of tangible
assets.
CI Financial (TSX: CIX) is an independent Canadian
company offering global
asset management and wealth management advisory services, with approximately $ 181 billion in assets as of October 31, 2017, its primary operating businesses are investment managers CI Investments Inc. and Sentry Investments Inc., advisory businesses Assante Wealth Management and Stonegate Private Counsel, Grant Samuel Funds Management of Australia, and First Asset Investment Management, a leader in providing actively managed exchange - traded funds to the Canadian marketp
asset management and wealth management advisory services, with approximately $ 181 billion in
assets as
of October 31, 2017, its primary
operating businesses are investment managers CI Investments Inc. and Sentry Investments Inc., advisory businesses Assante Wealth Management and Stonegate Private Counsel, Grant Samuel Funds Management
of Australia, and First
Asset Investment Management, a leader in providing actively managed exchange - traded funds to the Canadian marketp
Asset Investment Management, a leader in providing actively managed exchange - traded funds to the Canadian marketplace.
The trading brand
operated by Rodeler Ltd has become the first major brokerage in the industry to use its own proprietary solution and broadly expand the
asset offering
of the
company.
The most inefficient tax way to create wealth is to have reportable
operating earnings, a Going Concern emphasis; while the most efficient tax way to create wealth is to have unrealized (and, therefore mostly unreported) appreciation
of asset values, a Resource Conversion emphasis.There is a high level
of comfort for a buy - and - hold OPMI investor such as Third Avenue, when investing in the equities
of companies which enjoy strong financial positions.
The after reimbursement expense ratio (which includes AFFE, if any) represents total annual
operating expenses, before reductions
of any expenses paid indirectly and any dividend expenses on short sales, after reimbursement from USAA
Asset Management
Company (AMCO).