According to the update, while bitcoin was uncorrelated to
other asset prices at year - end 2017 during the rally, ever since the bubble has begun to «deflate» in the new year it's more closely correlated with other risk assets such as stocks.
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.
It dragged Telenor ASA (telly), its Norwegian partner in Vimpelcom, through the Russian and Ukrainian courts to force it to accept a strategy that involved buying
other Alfa - controlled
assets at inflated
prices.
The global financial crisis, like the Great Crash of 1929, also reflected widespread regulatory shortcomings and
other weaknesses in a number of countries.1 But it is likely that monetary policy played
at least a contributing role in encouraging the buildup of leverage and
asset prices in a fragile financial system.
«Institutional investors and
other long - term funds have already unloaded Toshiba shares, so currently the stock
price is being driven by short - term investors,» said Takatoshi Itoshima, chief portfolio manager
at Commons
Asset Management.
Shares of mutual funds, on the
other hand, can only be purchased
at the end of the trading day
at their net
asset value
price.
Beyond profiting from a future rise in the gold
price, gold will protect your wealth and purchasing power
at a time most
other assets won't.
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or
at competitive
prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and
other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and
asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible
assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
Since the fundamental value of an
asset in a financial market is an aggregation of the stochastic stream of future dividends, trading
at prices higher than the fundamental value is only profitable when there is a widespread belief that
other traders will continue to buy
at prices even further away from fundamental values.
... Goldman soon carved out a new business with the Libyans, in options — investments that give buyers the right to purchase stocks, currencies or
other assets on a future date
at stipulated
prices.
In particular, the organization raised concerns about leveraged trading of cryptocurrencies, though it acknowledged that the low correlation between cryptocurrencies and
other assets «suggests that the risk of spillovers from idiosyncratic
price moves in crypto
assets to the wider market may be limited
at this point.»
If you are searching for a comprehensive personal insurance policy for your home, car, or
other asset, our team will work closely with you to provide coverage you can trust
at a
price you can afford.
Relative momentum looks
at price strength with respect to
other assets to determine future relative performance.
IF THE COMPANY BELIEVES, IN ITS SOLE DISCRETION, THAT ANY INDIVIDUALS OR ENTITIES OWNING CTK CREATES MATERIAL REGULATORY OR
OTHER LEGAL RISKS OR ADVERSE EFFECTS FOR THE COMPANY AND / OR CTK, THE COMPANY RESERVES THE RIGHT TO: (A) BUY ALL CTK FROM SUCH CTK OWNERS
AT THE THEN - EXISTING MARKET
PRICE AND / OR (B) SELL ALL CRYPTOCURRENCY
ASSETS OF THE COMPANY.
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.
It's fine building the academy (new academies cost money to run and will add to your cost base initially) and
other revenue generating
assets but you're still going to have to sell your product
at a
price that covers your expenses and / or reduce your expenses so that they meet the revenues you can generate.
Based on tax experts feedback, estate tax is not teh only, and seemingly the worst, way of addressing this issue -
other approaches are simply closing the «step - up» loophole by requiring capital tax cost basis be original purchase
price and not «
at inheritance»
price; OR, limiting estate tax to appreciated portion of
assets that haven't been taxed with capital gains taxes by time of death of owner.
Antonacci states that «relative momentum looks
at price strength with respect to
other assets, while absolute momentum looks for an
asset's own positive excess return over a given look back period.»
It always seemed, and still seems, ridiculously simple to say that if one can acquire a diversified group of common stocks
at a
price less than the applicable net current
assets alone — after deducting all prior claims, and counting as zero the fixed and
other assets — the results should be quite satisfactory.
Risks associated with derivatives (including «short» derivatives) include losses caused by unexpected market movements (which are potentially unlimited), imperfect correlation between the
price of the derivative and the
price of the underlying
asset, increased investment exposure (which may be considered leverage), the potential inability to terminate or sell derivatives positions, the potential need to sell securities
at disadvantageous times to meet margin or segregation requirements, the potential inability to recover margin or
other amounts deposited from a counterparty, and the potential failure of the
other party to the instrument to meet its obligations.
The main different between One Touch Binary Options and all
other types is that as soon as the
asset reaches a pre-determined
price then that Binary Option trade is completed, and as such if you think for example that any
asset will reach a certain level then you only have to see that
asset reach that
price at any time during the time period allocated for your trade to be a winning one.
If literally everyone were to sell, there is no market in that stock (or
other asset) anymore until sellers and buyers find a
price they are willing to transact
at.
But we have 20 % of the Value Fund invested in US commercial property trading
at a large discount to
asset value (via ASX listed trusts), are giving serious consideration to QBE Insurance and News Corporation and searching for
others that are not correlated with resource
prices or the domestic economy.
An
asset class is a grouping of similar investments whose
prices tend to move together — in
other words their
price movements are
at least partially correlated.
One side effect of a «close - end» structure is that the LIC share
price can depart from the value of the underlying
assets (usually other equities), so the share price can trade at a premium or discount to its Net Tangible A
assets (usually
other equities), so the share
price can trade
at a premium or discount to its Net Tangible
AssetsAssets.
Some of these corporate
assets are listed
at their market
price, while
others are valued
at their replacement cost.
There is now a general sense of rebellion against security analysts, who during the period prior to April 2000, were putting out strong buy recommendations for dot com common stocks, telecom common stocks, and
other issues of companies whose only apparent real
asset was an ability to sell new issues to the public
at ridiculous
prices.
As such, crises are easy to understand, because people imitate «the success» of
others, not realizing that an
asset bought
at a lower
price might be good, but the same
asset bought
at a higher
price might be bad.
The dissident slate has called for a cash dividend of up to $ 15 per share and demanded the sale of the
other non-cash
assets, estimating they may be worth an additional $ 8 to $ 16 per share, which represents a substantial upside
at FACT's $ 9.13 closing
price yesterday.
A chapter on hedging against inflation focuses on finding stocks with «moats» that can raise
prices as inflation starts to roar, and the final chapter looks
at commodities, gold and
other real
assets.
Relative momentum looks
at price strength with respect to
other assets to determine future relative performance.
For example, Scotia iTrade enables clients with combined
assets of
at least $ 50,000 across all Scotiabank services to qualify for $ 9.99 / trade
pricing and CIBC Investor's Edge has enabled different individuals within the same household to pool
assets or trading activity, however adding different people from (potentially) different addresses to a group in order to form a pool is not something
other brokerages offer.
To see how lifecycle funds are different from each
other in
asset allocations, I took a look
at a total of 27 lifecycle funds from Vanguard, Fidelity, and T. Rowe
Price, with target dates ranging from 2010 to 2050.
The
other problem with investment in commodities is that the
assets do not provide any return until they are sold, hopefully
at a higher
price.
This is always a debate among value investors: Is it better to look for
asset based investments like Graham / Schloss and
other deep value school, or is it better to strive for great businesses
at reasonable
prices that are almost certain to compound intrinsic value over time?
It is not uncommon to see informed investors, such as a company's own officers and directors or
other corporations, accumulate the shares of a company
priced in the stock market
at less than 66 % of net current
asset value.
At least he has the insurance franchise to carry things along, and given the reduction in surplus across the industry from the fall in equitiues and
other risky
assets,
pricing power should begin improving soon.
Simply valuing the management fee stream from these
assets at a 15
price - to - earnings multiple, in line with
other money managers, and placing a lower multiple on its capital - markets unit, yields $ 3.25 or so per share in value, fully taxed.
Fundamental to value investing is the idea that mispriced securities and
other assets which fall within your circle of competence are rarely available to purchase
at a
price which reflects a margin of safety.
In
other words, financial
assets are always
priced correctly, given what is publicly known,
at all times.
On the
other hand, purchasing a PUT option gives the buyer the right to SELL an
asset at their chosen strike
price.
In the irrationality of the moment, investors will sell
other assets at absurdly low
prices to acquire, of all things, cash!»
Under the SEC proposal, an ETF would be defined as a registered open - end management investment company that: • Issues (or redeems) creation units in exchange for the deposit (or delivery) of basket
assets the current value of which is disseminated per share by a national securities exchange
at regular intervals during the trading day; • Identifies itself as an ETF in any sales literature; • Issues shares that are approved for listing and trading on a securities exchange; • Discloses each business day on its publicly available web site the prior business day's net
asset value and closing market
price of the fund's shares, and the premium or discount of the closing market
price against the net
asset value of the fund's shares as a percentage of net
asset value; and • Either is an index fund, or discloses each business day on its publicly available web site the identities and weighting of the component securities and
other assets held by the fund.
No esoteric «human» decision process (no buying of oversized positions compared to
other asset holdings (such as KO in the 90's), no shorting of the dollar (early 2000's), no buying of oil stocks
at a $ 120 oil
price, no backroom «deals» involving bonds and preferreds during times of crisis.
A repo involves an agreement between a seller and a buyer, typically of U.S. government securities but increasingly involving
other types of securities and financial
assets as well, whereby the seller «sells» the securities to the buyer, with a simultaneous agreement to repurchase the securities
at an agreed upon
price at a future point in time.
The potential for immediate cost cuts, ARGO's specialized skill set & experience, and its PE / hedge fund fee structure more than justify a 3.75 % of AUM
price tag — which is
at a significant discount to
other PE / hedge fund
asset managers» current market valuations.
Pursuant to the Plan, the Company is also authorized to dispose of its remaining non-cash
assets, on such terms and
at such
prices as the Company's board of directors, without further shareholder approval, may determine to be in the best interests of the Company and its shareholders, to pay or make reasonable provision to pay all claims against and obligations of the Company, to make such provisions as will be reasonably likely to be sufficient to provide compensation for any claim against the Company which is the subject of a pending action, suit or proceeding to which the Company is a party, to distribute on a pro rata basis to the shareholders of the Company the remaining
assets of the Company, and, subject to statutory limitations, to take all
other actions necessary to wind up and liquidate the Company's business and affairs.
The distribution follows the final settlement of the sale of Aspen's California oil and gas
assets to Venoco, Inc.,
at which the parties made a number of immaterial adjustments to the purchase
price paid
at the June 30, 2009 closing, and made certain
other payments that were not determined until after the closing.
It is quite possible that debt longer than 30 years might
price at a discount to 30 - year debt, if for no
other reason than there is a demand for longer debt as an
asset to fund longer liabilities with seeming certainty.
Larry also advises clients in connection with all aspects of the sale or
other disposition of businesses,
assets and debt, and routinely represents funds and
other entrepreneurs in purchasing distressed debt
at discounted
prices.