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.
Today's high valuations in a
time of tepid
economic growth are particularly vexing
for professional investors constrained by certain rules, says James Harper, a portfolio manager
for the Templeton Global Balanced Fund.
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 last
time the U.S. went through a partial government paralysis in 1995 - 1996 —
for roughly three weeks in two separate instances —
economic growth slowed by a quarter of a percentage point during the last three months of 1995.
It's
time for Canada's leaders to think about whether they should be doing a little more of the work of boosting
economic growth themselves.
NEW YORK, Jan 3 (Reuters)- The S&P 500 index rose above 2,700
for the first
time on Wednesday and other major indexes hit record highs as technology stocks climbed amid indications of robust
economic growth in the United States and overseas.
But German deputy foreign minister Michael Link hinted Paris could be fighting a losing battle this
time, saying Berlin would continue to press
for deeper overall cuts as part of a «modern budget» that prioritises
economic growth and competitiveness.
«As a result, the government sector will detract from
economic growth for the first
time since the late 1990s.»
To fully realize the
economic benefits of having more women in the labor force, Japan needs to provide incentives
for women to seek out more full -
time work in high
growth areas, he said.
In addition, government spending on public infrastructure had boosted non-mining business investment and was likely to support
economic growth for some
time.
During a
time of rising income inequality, the American left is increasingly invoking Scandinavian countries as models
for how to maintain the
economic growth that capitalist competition allows, while achieving more security and stability
for the middle and lower classes.
For years, the world has watched as China posted
economic growth rates three
times as fast as the United States, built on the back of government - directed capital investment and massive exports to the wealthy world.
They will do this at a
time when the country and many of these places face very real
economic and social challenges that will not change that much from Amazon's expansion, all on the hope
for growth that is destined to happen somewhere, but probably not there.
Therefore, it's
time for employers to dust off the playbook from the
economic growth years and pay attention to compensation practices that retain talent,» said Rusty Rueff, Glassdoor career and workplace expert.
Despite the fact that
economic growth for this year is now forecast to be substantially lower than that expected at the
time of the April Budget, Mr. Oliver is still confident that the federal government will record a surplus in 2015 - 16.
But a continuation of favorable
economic growth and low default levels — which we expect — and measured Federal Reserve tightening — which we also expect — should support more narrow high - yield bond spreads
for some
time to come.
And in tough
economic times, when companies are desperate to find new areas
for growth, getting everyone together in the same place is seen as one of the best ways to spur innovation.
«What one would expect during a period of
economic growth is that the government would lay the basis
for future prosperity using the financial resources made available to it during good
times,» Ralston said in his Feb. 20 response in the legislature to the budget, according to the day's Hansard.
In China, slowing
economic growth convinced the central bank to take its foot off the monetary brake
for the first
time in three years by increasing the lending capacity of its commercial banks.
But
for most investors, bonds offer a solid bulwark during
times of tentative
economic growth and volatile equity markets.
The
economic picture is strong: We've had 2 back - to - back quarters of around 3 % GDP
growth, and
for the first
time in a long while we're seeing synchronous
growth among developed nations.
«The energy sector posted stronger returns in September due to a rebound in oil prices which helped lift Canadian equities, while the bond market slipped into negative territory after strong Canadian
economic growth led the Bank of Canada to raise interest rates
for the first
time in seven years,» said James Rausch, Head of Client Coverage, Canada, RBC Investor & Treasury Services.
Economic growth is stunted
for years, as homeowners and financial institutions take
time to recover.
Fed officials agreed that the tax cuts and spending bill are likely to boost
economic growth but it «s unusual
for the economy to receive such a big fiscal stimulus at a
time when it «s already operating either at or near its potential.
ACC Accounting & Auditing, AFR Africa, AGE Economics of Ageing, AGR Agricultural Economics, ARA Arab World, BAN Banking, BEC Business Economics, CBA Central Banking, CBE Cognitive & Behavioural Economics, CDM Collective Decision - Making, CFN Corporate Finance, CIS Confederation of Independent States, CMP Computational Economics, CNA China, COM Industrial Competition, CSE Economics of Strategic Management, CTA Contract Theory & Applications, CUL Cultural Economics, CWA Central & Western Asia, DCM Discrete Choice Models, DEM Demographic Economics, DEV Development, DGE Dynamic General Equilibrium, ECM Econometrics, EDU Education, EEC European Economics, EFF Efficiency & Productivity, ENE Energy Economics, ENT Entrepreneurship, ENV Environmental Economics, ETS Econometric
Time Series, EUR Microeconomics European Issues, EVO Evolutionary Economics, EXP Experimental Economics, FDG Financial Development &
Growth, FIN Finance, FMK Financial Markets,
FOR Forecasting, GEO
Economic Geography, GRO
Economic Growth, GTH Game Theory, HAP Economics of Happiness, HEA Health Economics, HIS Business,
Economic & Financial History, HME Heterodox Microeconomics, HPE History & Philosophy of Economics, HRM Human Capital & Human Resource Management, IAS Insurance Economics, ICT Information & Communication Technologies, IFN International Finance, IND Industrial Organization, INO Innovation, INT International Trade, IPR Intellectual Property Rights, IUE Informal & Underground Economics, KNM Knowledge Management & Knowledge Economy, LAB Labour Economics, LAM Central & South America, LAW Law & Economics, LMA Labor Markets - Supply, Demand & Wages, LTV Unemployment, Inequality & Poverty, MAC Macroeconomics, MFD Microfinance, MIC Microeconomics, MIG Economics of Human Migration, MKT Marketing, MON Monetary Economics, MST Market Microstructure, NET Network Economics, NEU Neuroeconomics, OPM Open Macroeconomics, ORE Operations Research, PBE Public Economics, PKE Post Keynesian Economics, POL Positive Political Economics, PPM Project, Program & Portfolio Management, PUB Public Finance, REG Regulation, RES Resource Economics, RMG Risk Management, SBM Small Business Management, SEA South East Asia, SOC Social Norms & Social Capital, SOG Sociology of Economics, SPO Sports & Economics, TID Technology & Industrial Dynamics, TRA Transition Economics, TRE Transport Economics, TUR Tourism Economics, UPT Utility Models & Prospect Theory, URE Urban & Real Estate Economics.
ACC Accounting & Auditing, AFR Africa, AGE Economics of Ageing, AGR Agricultural Economics, ARA Arab World, BAN Banking, BEC Business Economics, CBA Central Banking, CBE Cognitive & Behavioural Economics, CDM Collective Decision - Making, CFN Corporate Finance, CIS Confederation of Independent States, CMP Computational Economics, CNA China, COM Industrial Competition, CSE Economics of Strategic Management, CTA Contract Theory & Applications, CUL Cultural Economics, CWA Central & Western Asia, DCM Discrete Choice Models, DEM Demographic Economics, DEV Development, DGE Dynamic General Equilibrium, ECM Econometrics, EDU Education, EEC European Economics, EFF Efficiency & Productivity, ENE Energy Economics, ENT Entrepreneurship, ENV Environmental Economics, ETS Econometric
Time Series, EUR Microeconomic European Issues, EVO Evolutionary Economics, EXP Experimental Economics, FDG Financial Development &
Growth, FIN Finance, FMK Financial Markets,
FOR Forecasting, GEO
Economic Geography, GRO
Economic Growth, GTH Game Theory, HAP Economics of Happiness, HEA Health Economics, HIS Business,
Economic & Financial History, HME Heterodox Microeconomics, HPE History & Philosophy of Economics, HRM Human Capital & Human Resource Management, IAS Insurance Economics, ICT Information & Communication Technologies, IFN International Finance, IND Industrial Organization, INO Innovation, INT International Trade, IPR Intellectual Property Rights, IUE Informal & Underground Economics, KNM Knowledge Management & Knowledge Economy, LAB Labour Economics, LAM Central & South America, LAW Law & Economics, LMA Labor Markets - Supply, Demand & Wages, LTV Unemployment, Inequality & Poverty, MAC Macroeconomics, MFD Microfinance, MIC Microeconomics, MIG Economics of Human Migration, MKT Marketing, MON Monetary Economics, MST Market Microstructure, NET Network Economics, NEU Neuroeconomics, OPM Open Macroeconomics, PBE Public Economics, PKE Post Keynesian Economics, POL Positive Political Economics, PPM Project, Program & Portfolio Management, PUB Public Finance, REG Regulation, RES Resource Economics, RMG Risk Management, SBM Small Business Management, SEA South East Asia, SOC Social Norms & Social Capital, SOG Sociology of Economics, SPO Sports & Economics, TID Technology & Industrial Dynamics, TRA Transition Economics, TRE Transport Economics, TUR Tourism Economics, UPT Utility Models & Prospect Theory, URE Urban & Real Estate Economics.
I think we have all waited with baited breath
for a long
time to see the resiliency of the emerging market economies — as Michael discussed — and it's been heartening to see that play out through real
economic growth.
But De Gregorio acknowledges the challenge they present going forward and fears that, particularly at a
time when
growth in the region is slowing and external circumstances are changing, a flair
for populism and the power of vested interests might undermine the process of continued
economic reforms needed to foster, among other things, shared prosperity and social inclusion.
The latest moves coincide with signs that China's annual
economic growth may dip below 7 % in the third quarter
for the first
time since the global financial crisis, marking a slowdown in one of the world's main engines of
economic expansion in recent years.
For a
time we started to look at numbers like electric - power production and freight traffic to get a line on actual
economic growth because no one believed the gross - domestic - product figures.
Indeed, as expectations
for economic growth have been scaled back somewhat in both regions over the past three months, markets have pushed back their expectation of the
timing of the first tightening by both central banks.
If the government wants to foster sustained long - term
economic growth, it's
time to put away the Closed
for Business sign and start sending positive signals to investors and entrepreneurs.
So next
time a tractor - trailer passes by, or you're at the local grocery store as a truck docks in the delivery bay, you're not just looking at an impressive 18 - wheeler traveling the road with your holiday meal that will stock the shelves, or toys
for the children in your family, you're looking at a vital machine
for New Hampshire's
economic growth, prosperity and future.
Global
economic growth is more robust than it has been
for a long
time.
You just will see more
economic growth in funds that have been active
for a longer length of
time.
Steady
economic growth translated into dividends compounded over
time can result in huge gains
for patient stock market investors.
In a policy statement last month, Fed officials said they expect inflation «will remain subdued» and that the Fed «sees some risk that inflation could persist
for a
time below rates that best foster
economic growth and price stability in the longer term.»
Credit provides the potential
for both diversification and incremental returns: While rate - driven government bonds have been rewarded during flight to quality periods, credit has been rewarded in
times of strong
economic growth.
India just cut its interest rates
for the first
time in three years, as it used this same monetary policy (lowering interest rates) to counteract slowing
economic growth.
Last week, China cut interest rates
for the first
time in three years, as
economic growth in that country has fallen to the point where talks of a hard landing are gaining momentum.
Sponsored by: Center
for Value Investing and Investor Academy Location: Guiollettstraße 14, 60325 Frankfurt am Main 08:00 a.m. - 08:30 a.m. Registration and Welcome Tea 08:30 a.m. - 09:30 a.m. Robert Miles, Author & Conference Organizer & Host [USA] Topic: «The Warren Buffett Manager: Making Investments In The Right Partner» 09:30 a.m. - 10:30 a.m. Hendrik Leber, Managing Director, Acatis [EUROPE] Topic: «How to Value a Business» 10:30 a.m. - 10:45 a.m. Mid Morning Tea 10:45 a.m. - 11:45 p.m. Patrick Dorsey, Author & Director of Equity Research, Morningstar [USA] Topic: «Using
Economic Moats to Improve Investment Returns» 11:45 p.m. - 12:45 p.m. Alexis Eisenhofer, Founder and Director, ATACAMA Capital [EUROPE] Topic: «Criteria
for Selecting Stocks With Substance: Consider the Value Premium and Value
Timing» 12:45 p.m. - 13:45 p.m. Conference Lunch 13:45 p.m. - 14:45 p.m. Prof. Max Otte, Author, Professor and Lecturer [EUROPE] Topic: «The Fallacy of
Growth and How to Test
for Franchises» 14:45 p.m. - 15:45 p.m. David Pastel, Founder & CIO, Pastel & Associés [EUR] Topic: «Margins of Safety: The Concept with a Thousand Faces.
At the same
time, we urge you to address an equally important challenge in Budget 2018: the need
for a comprehensive strategy to promote
economic growth, encourage private investment and strengthen competitiveness.
With US
economic growth increasing and the S&P 500 at an all -
time high what's in store
for investors in 2018?
The second problem is that in order to get some of its debt absolved, Puerto Rico agreed to impose the harsh austerity measures — reducing education and health spending,
for instance — that hurt
growth at the same
time that thousands are fleeing to the mainland in search of
economic opportunity.
I see good arguments
for continued easy money and
economic growth to push multiples to all -
time highs, and
economic strength and tax cuts to push earnings higher.
It is certainly true that
economic growth and job creation have been sluggish
for some
time, largely due to slow global
economic growth and continued restraint by all levels of government.
This may not be a major concern in today's booming B.C. economy (the budget update increased the GDP
growth forecast from three per cent to 3.6 per cent
for 2017/18), but could be problematic down the road in leaner
economic times.
William Dudley, President and CEO (Panelist) Date: Wednesday, October 18, 2017
Time: 8:00 AM EDT Subject: Dallas and New York as Centers of
Growth Event: From the Lone Star to the Empire State: A Discussion of Regional
Economic Trends in Texas and New York Organizers: Partnership
for New York City, the Federal Reserve Bank of Dallas, and the Federal Reserve Bank of New York Location: Hearst Headquarters 300 W. 57th Street, 44th Floor New York, NY 10019
If it turned out that in the twenty years after 1965 continuing
growth of GNP had not been accompanied by improved
economic welfare, then surely it was
time for a national discussion of how welfare could be improved.
For the first
time I saw the interconnection between the
growth of population, dominant
economic practices, the exhaustion of resources, and pollution.