Sentences with phrase «substantial cash position»

«This transaction allows us to fully repay our outstanding debt, significantly lower our pension liabilities and have a substantial cash position following the close of the transaction,» Tronc CEO Justin Dearborn said in a news release.

After a post-ASH meltdown of epic proportions, SPK - 8011 and other pipeline programs appear to be written off (perhaps prematurely), the market is in «show me» mode regarding the LUXTURNA launch, and it has a substantial cash position following the ex-US deal (plus priority voucher to monetize).

This financing provides an immediate cash injection on terms favorable to BlackBerry, enhancing our substantial cash position.

«This financing provides an immediate cash injection on terms favorable to BlackBerry, enhancing our substantial cash position,» board chair Barbara Stymiest said.

Not exact matches

The online travel giant continues to generate substantial free cash flow as it grows at an impressive rate, and we love its net cash position, inclusive of long - term investments.

Leverage in the futures trading markets is denoted by the substantial position that can be initiated in an underlying commodity while putting up a relatively small amount of cash margin.

They end up with 20 - 30 positions, some in short - term bonds and some in secured floating - rate loans (for example, a floating rate loan at LIBOR + 2.8 % to a distressed borrower secured by the borrower's substantial inventory of airplane spare parts), plus some cash.

Indeed, I have been convinced for many years now that Japan will be unable to solve the problem of bad loans held by banks unless a substantial portion of these loans are converted to ownership, and the banks are given opportunities for cash bailouts by sales of these ownership positions to a market.

But if you're a (slightly nervous) shipping bull, Ardmore may still prove attractive — its product & chemical tanker fleet offers more conservative exposure, it's cash flow positive, and it's currently in a net cash position (albeit with a substantial 2014/15 order book & a credit facility to be confirmed).

Many homeowners who strategically defaulted had solid professional positions and income, good credit and substantial cash reserves.

We initiated the position because MATH is a net cash stock with two substantial stockholders lobbying management to liquidate.

First and foremost, companies with dividend paying ability are those with strong financial positions, i.e., cash on the asset side and enjoying substantial «surplus - surplus» (a relative absence of liabilities) on the obligation side.

In the event of a determination adverse to VaxGen, we may incur substantial monetary liability that could have a material adverse effect on the Company's financial position, results of operations or cash flows.

With its stock at a substantial discount to its net cash position, its cash - burning product development activities at an end and a proposal to identify and complete an alternate strategic transaction or liquidate, VXGN is a good prospect.

We started following VXGN (see our post archive here) because it was trading at a substantial discount to its net cash position, had ended its cash - burning product development activities and is «seeking to maximize the value of its remaining assets through a strategic transaction or series of strategic transactions.»

One concern is lawsuit by the landlord against the company, but that company states that it does not believe the lawsuit will have a material adverse effect on its financial position.With its stock at a substantial discount to its net cash position, its cash - burning product development activities at an end and a proposal to identify and complete an alternate strategic transaction or liquidate, we think VXGN is a good prospect, and we're going to maintain our position.

He further concluded that, as completion of the sale agreements approached in April 2005, and the directors came to appreciate that the club would have insufficient funds from the completion monies with which to make a substantial additional payment to E, all that had been agreed between them was the principle that he should receive a substantial payment as soon as the club was in a position to make it, out of monies flowing to the club from the claimant companies in connection with the project, but that no specific amount had been agreed, nor any requests made to the claimants that they should bear the burden, either in terms of cash flow or expense sharing.

Credit bureau information can certainly provide substantial benefit when considering positions that require an applicant to maintain a responsible credit rating for your firm or even for those in cash handling positions.