Sentences with phrase «timing of the fiscal year»

Not exact matches

Actual results and the timing of events could differ materially from those anticipated in the forward - looking statements due to these risks and uncertainties as well as other factors, which include, without limitation: the uncertain timing of, and risks relating to, the executive search process; risks related to the potential failure of eptinezumab to demonstrate safety and efficacy in clinical testing; Alder's ability to conduct clinical trials and studies of eptinezumab sufficient to achieve a positive completion; the availability of data at the expected times; the clinical, therapeutic and commercial value of eptinezumab; risks and uncertainties related to regulatory application, review and approval processes and Alder's compliance with applicable legal and regulatory requirements; risks and uncertainties relating to the manufacture of eptinezumab; Alder's ability to obtain and protect intellectual property rights, and operate without infringing on the intellectual property rights of others; the uncertain timing and level of expenses associated with Alder's development and commercialization activities; the sufficiency of Alder's capital and other resources; market competition; changes in economic and business conditions; and other factors discussed under the caption «Risk Factors» in Alder's Annual Report on Form 10 - K for the fiscal year ended December 31, 2017, which was filed with the Securities and Exchange Commission (SEC) on February 26, 2018, and is available on the SEC's website at www.sec.gov.

Eclipsed in the popular imagination by Apple and battered by the earthquake in Japan and floods in Thailand, Sony looks as defeated as ever, predicting another loss for this fiscal year, this time to the tune of US$ 1.2 billion.

The company now expects earnings of $ 11.85 a share to $ 12.35 a share for fiscal year 2017, excluding one - time items tied to its integration of TNT Express.

There were, among others, the debt ceiling standoff - cum - rating downgrade of 2011 and the fiscal cliff scare of late 2012, followed by awfully - timed tax hikes and spending cuts earlier this year.

Actual results, including with respect to our targets and prospects, could differ materially due to a number of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.

The opinion, issued by the U.S. Court of Appeals for the Federal Circuit, strikes down a legislative provision, first enacted in 1986 and renewed numerous times since, which sets a goal that 5 percent of federal defense contracting dollars each fiscal year must be awarded to certain entities, including small disadvantaged companies.

Opening new franchise stores is not a significant part of our near - term store growth strategy, and we therefore expect that revenue derived from our franchise stores will eventually comprise less than 10 % of the net revenue we report in future fiscal years, at which time we will reevaluate our segment reporting disclosures.

This week, the House is voting on a Fiscal Year 2018 budget while at the same time the Senate is debating its own version — and there are a number of stark differences.

The balance sheet is a financial statement that summarizes a company's assets, liabilities, and shareholder's equity at a particular points in time (at the end of a fiscal quarter or year).

As part of the changes to the budgetary process in 1994, four private sector forecasting organizations [2] develop detailed fiscal projections on a National Accounts basis, based on the average of the private sector economic forecasts and the tax and spending policies in place at the time of the last budget for the next five years.

Supplementary Estimates, which incorporate new spending approved during the year, are tabled usually three times during the course of the fiscal year.

Moreover, money for fiscal stimulus may translate into net Treasury issuance this year of US$ 1.3 trillion at a time when the Fed itself is no longer a buyer.

Please join our leading S&P Global Ratings analysts from the U.S. States» Group for a live interactive webcast on Tuesday, May 15 at 2:30 p.m. Eastern Daylight Time, where they will provide their views on the budget process for the U.S. states as they approach the start of the 2019 fiscal year, which for 46 of the states, begins on July 1.

We may take advantage of these provisions until the last day of our fiscal year following the fifth anniversary of the completion of this offering or such earlier time that we are no longer an emerging growth company.

[112] The company began to offer a dividend on January 16, 2003, starting at eight cents per share for the fiscal year followed by a dividend of sixteen cents per share the subsequent year, switching from yearly to quarterly dividends in 2005 with eight cents a share per quarter and a special one - time payout of three dollars per share for the second quarter of the fiscal year.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

The timing of Bernanke's easing raises the stakes for the Fed's four remaining policy meetings this year as investors focus on whether the central bank will provide stimulus for 2013 to help the economy overcome the impact of the fiscal tightening due to take hold in January, said Vincent Reinhart, chief U.S. economist at Morgan Stanley.

Although Kenney warned at the time that the figure at the end of the fiscal year could very well be higher, depending on whether the mission was renewed.

The timing and value of many of these allowances can at times be extremely difficult to predict in advance, resulting in large adjustments after the close of the fiscal year based on assessments undertaken at that time.

After Puerto Rico declared a form of bankruptcy May 3, The New York Times used these words to describe the U.S. territory's fiscal woes: «borrowing to pay operating expenses, year after year»; «unable to provide its citizens effective services»; and «rising pension costs, crumbling infrastructure, departing taxpayers and credit downgrades.»

In the six months ended March 31, 2018, as a result of the U.S. Tax Cuts and Jobs Act, Post recorded a $ 265.3 million one - time income tax net benefit which included (i) a $ 272.4 million benefit related to an estimate of the remeasurement of Post's existing deferred tax assets and liabilities considering both the expected fiscal year 2018 blended U.S. federal income corporate tax rate of approximately 24.5 % and a 21 % rate for subsequent fiscal years and (ii) a $ 7.1 million expense related to an estimate of the transition tax on unrepatriated foreign earnings.

It appears to have a similar P / E to the rest of the group, but it has one - time charges of a large asset write - down in the year ended June 2016, and a fine imposed on it by the Obama - era FTC in the current fiscal year.

(ii) Any accrued but unpaid Annual Bonus earned with respect to any fiscal year ending on or preceding the Termination Date («Earned Bonus»); plus for the fiscal year in which the Termination Date occurs, a pro rata Annual Bonus based on actual performance for the entire performance period and calculated and paid at the end of the performance period, at the same time as continuing executives are paid their bonuses (but no later than March 15 of the year following the year with respect to which the bonus is calculated)(«Pro-Rata Bonus»);

However, the updated fiscal projections include a Contingency Reserve of $ 6 billion per year, six times the amount set aside in the April 2015 Budget for 2016 - 17 and 2917 - 18.

 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).

Moreover, U.S. growth tailwinds in coming quarters are powerful, as a result of massive deficit - financed fiscal stimulus now flowing into a closed output gap for the first time in near 50 years.

NHLC set an all - time sales record in Fiscal Year 2016, generating $ 678.4 million in gross sales, an increase of $ 36.3 million — or 5.65 % — over the previous fiscalFiscal Year 2016, generating $ 678.4 million in gross sales, an increase of $ 36.3 million — or 5.65 % — over the previous fiscal yYear 2016, generating $ 678.4 million in gross sales, an increase of $ 36.3 million — or 5.65 % — over the previous fiscalfiscal yearyear.

It gives clubs leeway to record transfers agreed to around this time on either set of books, i.e. the fiscal year that is about to end or the fiscal year that is about to begin.

NOTICE IS HEREBY GIVEN THAT THE Board of Commissioners of the Oak Brook Park District, DuPage and Cook Counties, Illinois, will conduct a public hearing regarding the proposed budget and appropriations ordinance for the fiscal year commencing May 1, 2018 and ending April 30, 2019, at the Oak Brook Park District, Family Recreation Center, 1450 Forest Gate Road, Oak Brook, Illinois, Monday, April 16, 2018, at 6:30 PM, during the Regular Meeting of the Board of Commissioners, at which time the proposed Budget and Appropriation Ordinance will be adopted.

(Reuters)- New York's mayor and city council came to a handshake agreement late Thursday night for an on - time and balanced budget, of $ 75 billion, for the next fiscal year.

Shockingly, the UK political establishment looks poised to loosen further what already looks like a very lax fiscal regime, at a time not only of straitened public finances and austerity (and a high burden of personal taxation), but also of extraordinarily high petroleum prices (2011 was the first year in history when the international price of crude averaged over 100 dollars per barrel, 2012 was the second, 2013 the third, and 2014 looks dead set to be the fourth).

If, in a few years» time, the SNP is legislating for a citizens» basic income and has embarked upon a thorough reworking of the fiscal status quo then it would have a good claim to be «radical» and «bold», but hinting at such widespread reform is rather different from actually implementing it.

The new fiscal year began today for the State of New York, and for the first time under Governor Andrew Cuomo's leadership, the state budget will be late.

Of course, a five year Parliament provides more time for this cunning fiscal plan to mature and yield electorally encouraging results.

Frank Mauro, executive director emeritus of the Fiscal Policy Institute and a onetime secretary of the Assembly Ways and Means Committee, argued against Proposal One, writing at the time that it would have made the state budget process «even more of a mess than it has been in many recent years.»

The short legislative session in election years is ostensibly about making budget adjustments, but lawmakers find plenty of time to debate many other issues — some that have a fiscal impact and others that don't.

As I understand it, this process can only be used a certain number of times within a single fiscal year.

«But «some progress» two - and - a half months into the fiscal year at a time of crisis is totally unacceptable.

A new appropriation for the new fiscal year must be passed in order for continued spending to occur, or passage of a special appropriations bill known as a continuing resolution, which generally permits continued spending for a short period of time — usually at prior year levels.

In the end, Gov. Andrew Cuomo declared the budget on time, based on the passage of major appropriations bills that keep state government funded into the new fiscal year.

The $ 142 billion budget, due to be approved by Monday in time for the start of the new fiscal year, would have to have bills printed by today in order for them to pas the required three - day «aging» process.

It's a misnomer, of sorts, to suggest the budget is early or on time if it passes on or before March 31, the final day of the state's fiscal year.

Experts on state policy and fiscal issues analyze the recently passed budget, compare it to past years, and discuss the future of on - time state budgets.

Typically, the city aims to repave 1,000 miles each year — but it has fallen short of that goal 11 times since fiscal year 2000.

In the past, the city has aimed to resurface 1,000 miles citywide annually, falling short of that goal 11 times since fiscal year 2000.

Pushing back the cadet graduation until July would allow the Bloomberg administration to make the hirings after the beginning of the new fiscal year, the Times reported.

From there, the council and the mayor's office will head into budget negotiations to reach a handshake deal in time to vote the budget through prior to the July 1 start of the next fiscal year.

The report shows the district experienced significant fiscal stress in 2013 - 14, but not for the last academic year in large part because of the timing of steps taken to finance the settlement of real estate tax assessment claims.

If at any time during the fiscal year it appears, from cash flow projections or other generally accepted accounting principles, that the revenues available, as projected through the end of the fiscal year, will be insufficient to meet either (a) the amounts appropriated, or (b) expenses anticipated to be incurred through the end of the fiscal year, such that the cumulative effect thereof is a projected year - end deficit in excess of fifty percent of the County's undesignated, unreserved fund balance as of the end of the immediately preceding fiscal year, the County Executive or the Comptroller shall submit a report to the Legislature setting forth the estimated amount of the deficit with appropriate details and explanations.

The New York legislature completed an almost on time budget, around 3 AM on the first day of the state's fiscal year.