Sentences with phrase «year capital plan which»

Governor Andrew Cuomo, who effectively controls the M.T.A., has yet to decide whether to fully fund its $ 32 billion, five - year capital plan which pays for things like new subway cars and maintaining the system in a state of moderately good repair.

Not exact matches

But she also stresses creating the environment for long - term economic growth, which is why a significant increase to the capital - gains tax for investments less than six years in duration is at the center of her plan.
The planned capital investments follow backlogs that choked UPS» network during last year's holiday shopping surge, which led to shipping delays and forced UPS to spend $ 125 million on leasing additional planes and trucks, cutting into the company's Q4 profits.
Tony Sage's Cape Lambert Resources has announced plans to undertake its first capital raising since its initial offer, which was completed when the company listed on the ASX 16 years ago.
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.
Oaktree Capital Management, a Los Angeles - based investment firm that owns 14.8 percent of Tribune Publishing, sent a letter to the board Wednesday expressing a lack of confidence in Chairman Michael Ferro's digital transformation plans for the company, which has faced years of revenue declines in its legacy print business.
«A few years ago, the five - year capital plan allocated an enormous amount of money, probably not enough, and that money needs to be spent appropriately and in a very timely fashion, and that doesn't always happen,» said Assemblyman Jeffrey Dinowitz, who chairs the Committee on Corporations, Authorities and Commissions, which has some oversight over the MTA.
Johnson cited a statement in NYRA's response to the audit that says: «NYRA will work with the (NYRA) board and Franchise Oversight Board to develop a new five - year capital plan, which is statutorily required by Oct. 28, 2016.»
(The authority a $ 14 billion funding gap in its five - year capital plan, which Albany did not address before the session ended).
This year's state budget included $ 150 million for the initial phases of planning, designing and securing a site for the new facility, which would also consolidate five separate labs located throughout the Capital Region into one campus.
Last month, Cuomo launched a $ 20 billion, five - year plan to combat homelessness and advance the construction of affordable housing in New York State — supported by the release of $ 2.5 billion in capital funding delivered in the fiscal year 2018 budget, which he said will establish and preserve more than 110,000 units of affordable and 6,000 units of supportive housing over the next five years.
Robach also referred to projects that were already approved by the state Legislature but must continue to be monitored, such as reconstruction of the Rochester 390/490 interchange, which was included as part of the five - year Department of Transportation capital plan approved in 2016.
Fuleihan said the plan would necessitate $ 300 million in new capital spending over the next five years, which will be included in the mayor's executive budget.
The announcement came in the form of a series of changes Fariña proposed to the Department of Education's 2015 - 2019 Capital Plan, which also includes adding 7,000 seats to the city's schools to make room for Mayor Bill de Blasio's proposed universal pre-K program and to help reduce class size, which rose consistently during the last six years of the Bloomberg administration.
The current five - year transit system capital plan, which covers upkeep for the subways, the Long Island Rail Road and Metro - North, plus other pieces of the transit system, is about $ 29 billion.
The Metropolitan Transportation Authority's next five - year capital plan is approved for $ 29 billion, $ 8.3 billion of which would be paid by the state under an October proposal from the governor.
Later, in May 2015, when de Blasio released his first 10 - year capital budget (which comes out every two years), he added $ 44.4 million for repair work at shelters for singles and $ 26.1 million for family shelters, a 58 percent increase compared with Bloomberg's final 10 - year plan, released in May 2013.
«These are valuable projects, and they are largely in the MTA's capital plan, which is already a year delayed,» said John Raskin, executive director of the Riders Alliance.
Cuomo and Tom Prendergast, the man he appointed to run the Metropolitan Transportation Authority, proceeded to outline a number of initiatives they said would improve New York's mass transit system, many of which are already contained in the authority's now four - year, $ 26 billion capital plan, the one that the state is more than a year late in approving.
In response, Cuomo's office began insisting it was the mayor's responsibility to fund the MTA's capital planwhich for years has primarily been funded by state and federal money, plus a heaping amount of debt.
The Peck Slip expansion is part of the Department of Education's latest update to its five - year capital plan, which covers major investments, including maintaining and building new schools.
The capital budget serves as a guiding blueprint for major infrastructure and planning projects to be undertaken in the following five years and is in tandem with the operating budget, which will be unveiled by County Executive Rob Astorino, a Republican, in November, and serves as the county's overall budget.
According to the DOE's five - year capital plan, funding has been secured for 1,090 seats in District 13, which includes Downtown Brooklyn, but the location of all those seats was not immediately clear.
The congestion pricing framework outlines a three - year phase - in that would provide revenue of $ 1 billion to $ 1.5 billion a year starting in 2020, most of which would be intended for the MTA Capital Plan.
The group plans to send them to Gov. Andrew Cuomo and the state lawmakers, urging them to fund the MTA's proposed $ 32 - billion capital plan, which would pay for repairs and improvement projects for the next five years.
In addition, the main thrust of the report's criticism, that the state's ESSA plan is not sufficiently similar to what it would have been had No Child Left Behind remained in effect, assumes the test - based accountability strategy that these reviewers have made their careers pursuing had been effective, which it has not; and therefore, when coupled with the false claim that California has high - quality academic standards and assessments, which it doesn't (California's standards being based on the Common Core, which leaves American students 2 - 3 years behind their peers in East Asia and northern Europe), California's families remain well advised to opt out of state schooling wherever and whenever possible, until the overreach from both the federal and state capitals is brought to an end and local schools that want to pursue genuinely world - class excellence can thrive.
In my small unique book «The small stock trader» I also had more detailed overview of tens of stock trading mistakes (http://thesmallstocktrader.wordpress.com/2012/06/25/stock-day-trading-mistakessinceserrors-that-cause-90-of-stock-traders-lose-money/): • EGO (thinking you are a walking think tank, not accepting and learning from you mistakes, etc.) • Lack of passion and entering into stock trading with unrealistic expectations about the learning time and performance, without realizing that it often takes 4 - 5 years to learn how it works and that even +50 % annual performance in the long run is very good • Poor self - esteem / self - knowledge • Lack of focus • Not working ward enough and treating your stock trading as a hobby instead of a small business • Lack of knowledge and experience • Trying to imitate others instead of developing your unique stock trading philosophy that suits best to your personality • Listening to others instead of doing your own research • Lack of recordkeeping • Overanalyzing and overcomplicating things (Zen - like simplicity is the key) • Lack of flexibility to adapt to the always / quick - changing stock market • Lack of patience to learn stock trading properly, wait to enter into the positions and let the winners run (inpatience results in overtrading, which in turn results in high transaction costs) • Lack of stock trading plan that defines your goals, entry / exit points, etc. • Lack of risk management rules on stop losses, position sizing, leverage, diversification, etc. • Lack of discipline to stick to your stock trading plan and risk management rules • Getting emotional (fear, greed, hope, revenge, regret, bragging, getting overconfident after big wins, sheep - like crowd - following behavior, etc.) • Not knowing and understanding the competition • Not knowing the catalysts that trigger stock price changes • Averaging down (adding to losers instead of adding to winners) • Putting your stock trading capital in 1 - 2 or more than 6 - 7 stocks instead of diversifying into about 5 stocks • Bottom / top fishing • Not understanding the specifics of short selling • Missing this market / industry / stock connection, the big picture, and only focusing on the specific stocks • Trying to predict the market / economy instead of just listening to it and going against the trend instead of following it
The RSC plan, which will be unveiled at noon, calls for a two - year suspension of the capital gains tax.
I'm planning on leveraging Loyal3 to the tune of $ 7 - 9,000 of new capital this year, which will allow this account to really accelerate.
«A key factor in the decision that we and CPPIB made to invest in Petco last year was its strong bench of leadership talent to drive future growth,» said Cameron Breitner, a partner at CVC Capital Partners (CVC), which — along with the Canadian Pension Plan Investment Board — acquired Petco in $ 4.6 billion deal last year.
During her ten - year tenure with the AAM, she has secured a budget surplus every year — reinvesting instead of drawing from the endowment; fostered a 270 + % increase in operational budget ($ 1.9 M to $ 7M); and overseen the successful strategic planning and capital and endowment fundraising of over $ 75M for the construction of the AAM's Shigeru Ban — designed facility, which opened to the public in 2014.
My plan for next year is to hold a series of workshops for journalists in various Indian state capitals which are in the Himalayas.
Earlier this month, IRDA came out with an exposure draft for non-life insurance companies planning to come out with initial public offering (IPO) in which it had mandated insurers to have a 10 year track record for hitting the capital market.
More recently, Pfizer has declared that within three years of closing the Hospira deal it plans to find $ 800m of cost savings which undoubtedly will impact human capital.
If the home is being acquired by one spouse who plans to live there for several years and is not ever likely to incur a capital gains tax upon a future sale, he / she takes all the equity in the home tax - free, both present and future - acquired, while the other spouse takes a retirement asset which he / she will have to eventually pay taxes on.
«The traditional business model that existed for years really doesn't work anymore,» says Marty Collins president of Gatehouse Capital Corp., which plans a Starwood W for its Victory development in downtown Dallas.
On the other side of the coin, the report, which is based on the latest annual investor survey by Institutional Real Estate Inc. and Kingsley Associates, indicates that U.S. players do plan to commit $ 62 billion of new capital to CRE this year.
While the REIT industry, which fueled transactional business and new development over the past few years, has waned due to high interest rates impeding the ability of REITs to capitalize, other financial sources such as pension plans and traditional sources of capital like insurance companies and banks have come back to the market.
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