In the age of
uncertainty in which we currently reside, we need reliable services to get us through and this is why we want to talk about the finances of Navy Mutual Aid Association.
Because of
uncertainty in which type of dendrites to specify for the model simulations, we ran two sets of simulations, with high - and low - density dendrites and aggregates.
It is a good zone of
uncertainty in which to find oneself.
There's that moment of
uncertainty in which I hope that whomever gave me the gift followed my wish list suggestions, lest I have to face some horrible game and put on a happy «Wow, thank you!»
The uncertainty in which a man here finds himself is not the consciousness of his utter nothingness before God, but a wavering between fear and hope.
He argued that it would lead to a long period of
uncertainty in which «Europe would be increasingly inward - looking, consumed with divisive debates about its future against the backdrop of an anti-immigration and anti-free trade backlash.»
Not exact matches
«However,
uncertainty,
which has been undermining business confidence and dampening investment
in Canada's major trading partners, remains undiminished.»
Oscar,
which offers health insurance policies that are easier to understand within a user - friendly app - based interface, has raised a reported $ 727 million
in funding since 2013, though the company has failed to generate a profit and faces a murky future thanks to the
uncertainty surrounding Obamacare.
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.
However, there is considerable
uncertainty about the speed with
which this sequence will evolve and how it will be affected by the drop
in oil prices.
Additional information concerning certain risks and
uncertainties that could cause actual results to differ materially from those projected or suggested
in Pareteum's filings with the Securities and Exchange Commission, copies of
which are available from the SEC or may be obtained upon request from Pareteum Corporation.
The larger point, he says, is the extraordinary
uncertainty in the business environment, «especially populism,
which corporations haven't paid attention to.»
These risks and
uncertainties include, among others: the unfavorable outcome of litigation, including so - called «Paragraph IV» litigation and other patent litigation, related to any of our products or products using our proprietary technologies,
which may lead to competition from generic drug manufacturers; data from clinical trials may be interpreted by the FDA
in different ways than we interpret it; the FDA may not agree with our regulatory approval strategies or components of our filings for our products, including our clinical trial designs, conduct and methodologies and, for ALKS 5461, evidence of efficacy and adequacy of bridging to buprenorphine; clinical development activities may not be completed on time or at all; the results of our clinical development activities may not be positive, or predictive of real - world results or of results
in subsequent clinical trials; regulatory submissions may not occur or be submitted
in a timely manner; the company and its licensees may not be able to continue to successfully commercialize their products; there may be a reduction
in payment rate or reimbursement for the company's products or an increase
in the company's financial obligations to governmental payers; the FDA or regulatory authorities outside the U.S. may make adverse decisions regarding the company's products; the company's products may prove difficult to manufacture, be precluded from commercialization by the proprietary rights of third parties, or have unintended side effects, adverse reactions or incidents of misuse; and those risks and
uncertainties described under the heading «Risk Factors»
in the company's most recent Annual Report on Form 10 - K and
in subsequent filings made by the company with the U.S. Securities and Exchange Commission («SEC»),
which are available on the SEC's website at www.sec.gov.
«There was broad agreement among members to convey the Governing Council's concerns about the recent volatility
in the euro exchange rate,
which represented a source of
uncertainty that had to be monitored with respect to its implications for the medium - term outlook for price stability,» the minutes said.
They are subject to future events, risks and
uncertainties - many of
which are beyond the company's control - as well as potentially inaccurate assumptions, that could cause actual results to differ materially from those
in the forward - looking statements.
Comments: «Our cautious stance is predicated upon a belief that a number of macro
uncertainties — the most important of
which stem from long - term U.S. fiscal imbalances — will hamper earnings growth and constrain valuations
in 2013.
«Thus,
in a preliminary analysis, the chief justice... suspended what he saw as an act apparently little reasonable and proportionate,
which,
in addition to generating legal
uncertainty, would leave millions of Brazilians without this communication tool,» a statement from the supreme court read.
Potential risks and
uncertainties include, among others, the possibility that the anticipated synergies of the combined companies may not be achieved after closing, the combined operations may not be successfully integrated
in a timely manner, if at all, general economic conditions
in regions
in which either company does business may deteriorate and / or Oracle or Vocado may be adversely affected by other economic, business, and / or competitive factors.
If American business owners are truly worried about the long - term prospects of the U.S. economy, they should be doing what the Argentines do: looking outside their borders to find markets
in which there is less
uncertainty — or at least different kinds of
uncertainty.
Further, PDC urges you to carefully review and consider the cautionary statements and disclosures, specifically those under the heading «Risk Factors,» made
in its Quarterly Report on Form 10 - Q, its Annual Report on Form 10 - K for the year ended December 31, 2016 (the «2016 Form 10 - K»), filed with the U.S. Securities and Exchange Commission («SEC») on February 28, 2017 and amended on May 1, 2018, and other filings with the SEC for further information on risks and
uncertainties that could affect the Company's business, financial condition, results of operations, and prospects,
which are incorporated by this reference as though fully set forth herein.
Any such statement may be influenced by a variety of factors, many of
which are beyond the control of Oracle or Vocado, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied
in this document due to a number of risks and
uncertainties.
These forward - looking statements are subject to a number of risks and
uncertainties, many of
which are beyond the company's control,
which could cause the company's actual results to differ materially from those indicated
in the company's forward - looking statements.
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.
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.
Such niggling
uncertainties did not deter Dresser Industries Inc.,
which bid on SRC
in late 1982.
Right now, there is a sliver of hope
in the form of a bill, proposed by Rep. Jared Polis (D - CO) and Rep. David Schweikert (R - AZ),
which would clear up some of the tax
uncertainty.
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 size and volatility
in this (is similar to) small cap issues,
which speaks to
uncertainty,» said Howard Silverblatt of S&P Dow Jones Indices.
Exports and business investment
in Canada have been held back by competitiveness challenges and trade - policy
uncertainties,
which include escalating geopolitical conflicts that risk damaging global expansion, the bank said.
That kind of massive legislative backtracking,
which has been largely absent
in the filibuster age, could create massive
uncertainty for entire industries and create the kind of nonproductive regulatory compliance work that stifles faster growth.
Because forward - looking statements relate to the future, they are subject to inherent
uncertainties, risks and changes
in circumstances that are difficult to predict and many of
which are outside of our control.
The key
uncertainty is how much the data has been distorted by the fall of China's annual Lunar New Year holidays,
which were
in February this year and
in January
in 2012 and
which typically see factories shut up shop for two weeks.
«There are a number of material
uncertainties arising from the Scottish referendum vote
which could have a bearing on the bank's credit ratings and the fiscal, monetary, legal and regulatory landscape to
which it is subject,» RBS said
in a statement.
[T] he dramatic increase
in leveraged bond positions by both US hedge funds and mundane money managers set
in motion self - reinforcing liquidations once
uncertainty over emerging markets including Turkey, Venezuela, Mexico, and Malaysia - all of
which experienced sharp capital flow volatility - put pressure on speculative positions.
When I ask him why he left angel investing (
which he was doing after selling Red Swoosh) to run Uber, his rambling, five - minute answer includes two hyperbolic claims, a mixed metaphor («It's so complex all you can do is swim
in uncertainty»), childish whimsy («that is my happy place»), and, believe it or not, an unironic Braveheart reference.
These risks and
uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth
in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures
in European countries that may increase the amount of discount required on Gilead's products; an increase
in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift
in payer mix to more highly discounted payer segments and geographic regions and decreases
in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations
in ADAP purchases driven by federal and state grant cycles
which may not mirror patient demand and may cause fluctuations
in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials
in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers
which may cause fluctuations
in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates
in the timelines currently anticipated; Gilead's ability to receive regulatory approvals
in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta
in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes
in its stock price, corporate or other market conditions; fluctuations
in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time
in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
Forward - looking statements are based on current expectations and assumptions,
which are subject to risks and
uncertainties that may cause actual results to differ materially from those expressed
in or implied by such forward - looking statements.
Given these positive surprises, and because monetary policy must be forward - looking to achieve our inflation target, Governing Council's discussions focused on three main issues: first, the extent to
which recent strength is signalling stronger economic momentum
in Canada and globally; second, how heightened levels of
uncertainty, particularly about US tax and trade policies, should be incorporated
in our outlook; and third, how much excess capacity the economy currently has, and the growth rate of potential output going forward.
Uncertainty can have significant effects on trust,
which is key to public participation
in markets.
However, as seen
in Chart 10, there is some evidence of lower heterogeneity among forecasters
in the Blue Chip survey compared with the Survey of Professional Forecasters, especially
in recent periods,
which,
in retrospect, were periods of high fundamental
uncertainty in the economy.
LONG - TERM OUTLOOK: «High levels of policy
uncertainty and regional divergences will cause higher dispersion across and within asset classes,
in our opinion,
which increases the attractiveness of active management
in both asset allocation and at the security - selection level.»
High levels of policy
uncertainty and regional divergences will cause higher dispersion across and within asset classes,
in our opinion,
which increases the attractiveness of active management
in both asset allocation and at the security - selection level.
Adding even more
uncertainty, Valeant also revealed that it faces a risk of default if it is unable to file its 10 - K with the SEC by April 29,
which would break its reporting covenant
in its bond indentures.
Whichever way you swing, it's becoming more compelling to have some of your portfolio
in tax - free municipal bonds,
which in the past have provided a certain level of stability
in times of
uncertainty.
Rising income and rising
uncertainty both suggest that we should expect higher, not lower, household savings rates,
which in turn imply that household income must grow faster, not slower, than household consumption.
Given recent economic developments (
which suggest there will be no surplus this year) and global
uncertainties, together with a commitment by all three major political parties to balanced budgets and no tax increases (other than the NDP), it would be fiscally imprudent for any political party to make new major election «promises»
in the coming months without indicating how they would be financed.
President Xi's view that China should put its power into practice and take an active role
in regional and global affairs,
which was solidified at the 19th Party Congress with his consolidation of power, creates greater
uncertainty in Russia about China's long - term ambitions.
«The U.S. decision prolongs market
uncertainty,
which is already affecting business decisions,» the European Commission, the European Union's executive arm, said
in a statement on Tuesday.
Hanging over everything has been the
uncertainty about the company's plan to spin off its $ 26 billion stake
in Alibaba,
which was announced a year ago but was abandoned last month by the company's board of directors because of tax concerns.
We caution you that these statements are not guarantees of future performance and are subject to numerous risks and
uncertainties, including volatility
in the economy and the credit markets, supply and demand changes for vacation ownership and residential products, competitive conditions; the availability of capital to finance growth, and other matters referred to under the heading «Risk Factors» contained
in our Annual Report on 10 - K for the year ended December 30, 2011 filed with the U.S. Securities and Exchange Commission (the «SEC») and
in subsequent SEC filings, any of
which could cause actual results to differ materially from those expressed
in or implied
in this presentation.