Looking at valuations in a broader context, we see them as a reflection of a strong economy, an improving corporate earnings outlook and prospects for pro-business
policy reform from Washington DC.
Not exact matches
But one thing is certain: either Italy gets some form of government and continues credible economic
reforms and fiscal consolidation, or the markets - with active help
from Germany et al. - will force Rome in an IMF - EU - ECB ward where these
policies will be imposed.
The area's third - largest economy had appeared to be emerging
from a long period of stagnation thanks to the European Central Bank's loose monetary
policy, improvements in the balance sheet of its banks and the first fruits of Prime Minister Matteo Renzi's labor market
reform.
The move was viewed as one of the most protectionist actions
from the Trump administration, and it is one of his
policies that has most worried markets, even as stocks have rallied on tax
reform and his other pro-growth
policies.
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.
«The advocacy community has suggested that DEA's statement that they would decide on the Gregoire - Chafee rescheduling petition this summer is a sign that they are moving toward
reforming policy with regard to marijuana,» Hudak told Business Insider, referring to a 2011 petition
from Govs. Lincoln Chafee of Rhode Island and Christine Gregoire of Washington state.
«The failure to deliver tax
reform and the slower relative growth likely keep us on the path of gradual normalization in interest rate
policy,» said the analysts, who see the S&P 500 falling to 2,550
from its Monday close of 2,572.83.
Important factors that could cause our actual results and financial condition to differ materially
from those indicated in the forward - looking statements include, among others, the following: our ability to successfully and profitably market our products and services; the acceptance of our products and services by patients and healthcare providers; our ability to meet demand for our products and services; the willingness of health insurance companies and other payers to cover Cologuard and adequately reimburse us for our performance of the Cologuard test; the amount and nature of competition
from other cancer screening and diagnostic products and services; the effects of the adoption, modification or repeal of any healthcare
reform law, rule, order, interpretation or
policy; the effects of changes in pricing, coverage and reimbursement for our products and services, including without limitation as a result of the Protecting Access to Medicare Act of 2014; recommendations, guidelines and quality metrics issued by various organizations such as the U.S. Preventive Services Task Force, the American Cancer Society, and the National Committee for Quality Assurance regarding cancer screening or our products and services; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, licensing and supplier arrangements; our ability to maintain regulatory approvals and comply with applicable regulations; and the other risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10 - K and our subsequently filed Quarterly Reports on Form 10 - Q.
But the the party also remains divided on some
policy basics and it remains to be seen how deeply Trump's victory will rewire Republican thinking on issues
from immigration
reform to trade.
(In case you missed it, Inc. favors a tax - code overhaul that simplifies life for entrepreneurs;
reform of arbitrary and pointless regulations, with the proviso that not all regulations are; and an immigration
policy that encourages creative, hardworking people
from around the world to come here and stay.)
Policy advisor Andrew Bremberg explained that the order seeks to promote «common - sense
reforms» that «restore American prosperity,» by helping Americans move «
from welfare to work.»
December 2002 (769 kb PDF file): Research summaries on IMF conditionality and country ownership of
reforms and on public
policies and the Millennium Development Goals; country / area study: Hong Kong SAR; summaries of conferences on challenges to central banking
from globalized financial systems and on globalization in historical perspective; agenda of Third Annual IMF Research Conference; summary of September 2002 World Economic Outlook; visiting scholars at the IMF; contents of latest issue of IMF Staff Papers, other IMF research publications.
From supporting projects that I'm passionate about, such as being an advocate for gay rights, to drug
policy reform, to using my voice and that of the Virgin Group to shine a spotlight on issues that I believe are unacceptable, such as poaching and the death penalty.
Investors and securities markets continue to benefit
from common - sense
reforms enacted in the wake of the financial crisis, including
policies that increase transparency regarding the activity of advisers to private funds, enhance systemic stability, minimize conflicts of interests, and hold bad - actors accountable.
On the broader economy, Federated's Macro Economic
Policy Committee recently nudged up its forecast for real 2018 GDP growth a tick to 3.0 %, in part on the anticipated stimulative effects
from tax
reform, including increased business and consumer spending.
The report is 24 pages long, and makes 22 recommendations ranging
from tax to
policy reform.
A proposal
from an individual investor with 60 shares to «
reform executive compensation
policy with social responsibility» garnered less than 7 percent of the vote.
I have used a fall in exports to show how constrained Beijing's
policy choices are, but I could just have easily done the same using as an example any change in the currency regime, the
reform of the hukou system, the de-industrialization of the bankrupt northeast provinces, the development of the OBOR and Silk Road projects, changes in interest rates or minimum reserves, protecting the stock market
from crashing, the provincial bond swaps, changes in the tax regime, improving energy and environmental
policies, and so on.
SAN FRANCISCO — Uber CEO Travis Kalanick temporarily surrendered the reins of his $ 70 billion empire Tuesday, launching a new era for the embattled ride - hailing giant as it vows to
reform everything
from its alcohol and drug
policy to its corporate power structure.
drawing
from experiences
from previous FTAs, Canada can push for more ambitious services access, as well as better provisions on intellectual property and SOEs that complement China's ambitious domestic
policies for greater IPR and SOE
reform.
When Eurozone Finance Ministers met on November 9th in Brussels, they were set to discuss a release of bail - out money in exchange for the latest
reform package
from Athens along with EU fiscal
policy and the banking union.
We continue to favor cyclical sectors, like Consumer Discretionary, Financials, Industrials, and Health Care, as they are likely to benefit the most
from policy reform and an increase in economic growth.
Other key risks this quarter include a referendum on
reforms in Italy and
policy surprises
from central banks.
Policies that spur more efficient corporate restructuring can revive productivity growth by targeting three inter-related sources of labour productivity weakness: the survival of «zombie» firms (low productivity firms that would typically exit in a competitive market), capital misallocation and stalling technological diffusion... As the zombie firm problem may partly stem
from bank forbearance, complementary
reforms to insolvency regimes are essential to ensure that a more aggressive
policy to resolve non-performing loans is effective.
Business and consumer surveys broadly continued to suggest the post-election bounce in sentiment was intact, despite signs some
policy initiatives
from the Trump administration — including key tax and health care
reforms — might take longer to implement, and in some cases be less radical, than earlier indications.
To keep his presidency relevant — and possibly help the future Democratic nominee in 2016 — Obama likely intends to work on a mixture of executive orders and compromise legislation on topics ranging
from immigration to tax
reform, as well as score some foreign
policy triumphs.
Fiscal stimulus and structural
reforms need to take over
from monetary
policy to foster growth, we believe.
Before joining DFAIT, he worked at the Department of Finance, including
from 1983 - 1990 with the Financial Sector
Policy Branch where he served as Project Director, Financial Institutions
Reform Project, and chaired the Inter-Departmental Legislative Review Committee, which guided the development of the 1992
reforms that overhauled the federal financial institutions statutes (the Bank Act, the Insurance Companies Act, the Trust and Loan Companies Act and the Cooperative Credit Associations Act).
«We're working on a tax
reform bill that will reduce our trade deficits, increase American exports and will generate revenue
from Mexico that will pay for the wall if we decide to go that route,» Trump announced at a GOP
policy retreat in Philadelphia.
I had to watch Prime Minister Trudeau's epic electoral
reform meltdown
from a distance over the past couple of weeks given my attendance at an international meeting of progressive
policy leaders in South Africa.
How the Mexican American ambivalence is resolved will have a strong bearing in the years ahead on questions ranging
from immigration
policy to welfare
reform and realignments in the culture wars.
They called for churches and concerned Christians to lead the charge in
reforming the drug
policy and to look for new solutions to help those suffering
from addiction.
In The War for Muslim Minds, Gilles Kepel, a French Arabist and scholar of Islam, shows little patience for neoconservative U.S. foreign
policy, but most of the book is taken up with criticism of the chief enemy of Muslim
reform in Europe: jihadist ideology imported
from Saudi Arabian Wahhabism, the Muslim Brotherhood, the Qutb brothers (Sayyid and Muhammad) and like - minded sources.
With regard to war, two factors prevented international conflict
from being specifically dealt with in the New Testament as a pressing problem: the apocalyptic expectation of the world's immediate end, so that the gradual
reform of social institutions was not in the picture, and the further fact that the first Christians had no responsibility for governmental
policies or influence in determining them.
CNN: Faith leaders sound off on role of church in public education Dozens of faith leaders
from across the country recently gathered to attend The Stand Up Education
Policy Summit in Atlanta, Georgia, to talk education
reform.
As
reforms to the EU Common Agricultural
policy (CAP) continue, processors have been faced with discontent
from milk suppliers and, in case of cooperatives, their own members, over protecting profit and milk supply.
A new
policy paper
from LARAC, released today (11 April), calls on the government to introduce direct charging for household waste collections and PRN
reform to increase recycling and tackle the funding crisis crippling UK local authorities.
Developing Food Recovery Best Practices for States and Cities As FLPC has become a leader in the laws and
policies surrounding food waste, it has received multiple requests
from state - level advocates working to
reform their laws to reduce the amount of food that goes to waste.
This one - day seminar will examine the implications and opportunities arising
from the
policy ambitions for community empowerment and resilience at a time of public service
reform (PSR).
The
reforms were implicitly viewed solely as an aspect of executive
policy - making and, therefore, in consequential terms as no more or no less independent
from government control than any other aspect of
policy.
Depending on who you ask, the legislative session was a productive six months in which a range of
policy measures
from an increase to the state's minimum wage, paid family leave to new ethics
reform and anti-heroin addiction legislation was accomplished.
«Despite this, John Faso has worked against gun
reform from the start, opposing even basic
policies like background checks, and voting against the New York SAFE Act.
He veered away
from that topic and returned to the issue of the push to
reform the financial industry, saying: «You've got to be sympathetic with some of the legislators,» pointing out that elected officials have to navigate a complex minefield of regulations and politics when trying to craft
policy.
Liberal
policy for the last eight years has been on the ascendancy — gaining successes on issues ranging
from climate change to health care
reforms.
The Assembly, Senate and Gov. Andrew Cuomo have proposed
reforms to how the state handles sexual harassment cases, which include measures ranging
from bans on confidential settlements as well as money for the Joint Commission on Public Ethics to review allegations and a goal of creating a uniform
policy for handling cases.
The seemingly endless series of reports
from parliamentary committees and expert organisations calling for
reform of Britain's drug
policy continued today, after a cross-party group of peers called for a change in the law.
Asked about the difference in
policy, Mark - Viverito said she hoped Hochul would reflect her new statewide standing, and pointed to the example of Sen. Kirsten Gillibrand, who quickly evolved
from prior positions as a gun rights supporter skeptical of immigration
reform, after she was appointed to the U.S. Senate.
In a move described by Cameron himself as «absolutely extraordinary», Tony Blair gave away a large portion of the UK's rebate
from the EU in 2005 in return for an EU promise to
reform the Common Agricultural
Policy.
Prior to this act, drugs
policy in the UK was relatively liberal but was
reformed under pressure
from the US, who pushed for the global criminalisation of drugs.
During the battle for healthcare
reform, for instance, reformers were able to pass legislation only with a relatively high degree of cooperation
from powerful vested interests, and the
reform itself amounted to a reorganization of existing submerged
policies rather than their elimination.