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The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.\nDisney was originally founded on October 16, 1923, by brothers Walt and Roy O. Disney as the Disney Brothers Cartoon Studio; it also operated under the names the Walt Disney Studio and Walt Disney Productions before changing its name to the Walt Disney Company in 1986.
Darussalam Publishers Darussalam International Publishing & Distribution (also known as Dar-us-Salam in U.S) is a Saudi-based multilingual international publishing house operates in 35 countries. It's the second-largest publisher of translations of the Islamic scripture (Qur'ān) in the world after King Fahd Complex.
Short (finance) In finance, being short in an asset means investing in such a way that the investor will profit if the value of the asset falls. This is the opposite of a more conventional "long" position, where the investor will profit if the value of the asset rises.
Sequence In mathematics, a sequence is an enumerated collection of objects in which repetitions are allowed and order matters. Like a set, it contains members (also called elements, or terms).
RFA Reliant Three ships of the Royal Fleet Auxiliary have borne the name RFA Reliant:\n\nRFA Reliant (1933) was a stores carrier, formerly the civilian London Importer. She was acquired in 1933 and sold in 1948.
Macroeconomics Macroeconomics (from the Greek prefix makro- meaning "large" + economics) is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. \nFor example, using interest rates, taxes, and government spending to regulate an economy’s growth and stability.
Glossary of economics This glossary of economics is a list of definitions of terms and concepts used in economics, its sub-disciplines, and related fields.\n\n\n== 0–9 ==\n401a Retirement Plan\n\n401k Retirement Plan\nA type of retirement plan which is sponsored by an employer and in which the employer may match a portion of the employee's contributions.
East India Company The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southeast Asia), and later with East Asia.
Matrix completion Matrix completion is the task of filling in the missing entries of a partially observed matrix. A wide range of datasets are naturally organized in matrix form.
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Life Unexpected Life Unexpected is an American teen drama television series that aired for two seasons from January 18, 2010 to January 18, 2011. It was produced by Best Day Ever Productions and Mojo Films in association with CBS Productions and Warner Bros.
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Risk Factors
PALL CORP ITEM 1A RISK FACTORS The risk factors described below are not inclusive of all risk factors but highlight those that the Company believes are the most significant and that could impact its performance and financial results
These risk factors should be considered together with all other information presented in this Form 10-K report
Changes in product mix and product pricing may affect the Company’s operating results particularly as the systems business expands in which significantly longer sales cycles are experienced with less predictable revenue and no certainty of future revenue streams from related consumable product offerings and services
The Company’s TFM strategy is partially reliant on sales of integrated systems
As systems are generally sold at lower gross margins than many other products, gross margins could decline if systems sales continue to grow as a percentage of total sales and the anticipated future revenue streams from related consumable product offerings and services are not realized
Increases in costs of manufacturing and operating costs may affect operating results
The Company’s costs are subject to fluctuations particularly due to changes in commodity prices, raw materials, energy and related utilities and cost of labor
The achievement of the Company’s financial objectives is reliant on its ability to manage these fluctuations through cost savings actions and efficiency initiatives
The Company may not be able to achieve the savings anticipated from its cost reduction and margin improvement initiatives including the timing of completion of its facilities rationalization initiative
In fiscal year 2006, the Company began an extensive program to restructure manufacturing operations, including the closing of up to 12 facilities around the globe
One of the purposes of this initiative is to reduce manufacturing costs and improve gross margins
Unexpected delays or other factors in the facilities rationalization initiative and other cost reduction initiatives could impact the Company’s ability to realize the anticipated savings and the planned impact to improve or maintain gross margins
Fluctuations in foreign currency exchange rates and interest rates may affect operating results
In fiscal year 2006, the Company derived 66prca of sales from outside the United States
Sales outside the United States are typically made in the local currencies of those countries
As a result, fluctuations in currency exchange rates may affect operating results
Giving effect to interest rate swaps, the Company’s debt portfolio was approximately 55prca variable rate at July 31, 2006
Fluctuations in interest rates may affect operating results
The Company may not be able to obtain regulatory approval or market acceptance of new technologies
Part of the Company’s planned growth is dependent on new products and technologies
Some of those new products may require regulatory approval
Growth from those new technologies may not be realized if regulatory approval is not granted or customer demand for those products or technologies does not materialize
6 ______________________________________________________________________ [71]Back to Contents Changes in demand for the Company’s products and business relationships with key customers and suppliers including delays or cancellations in shipments may affect operating results
To achieve its objectives, the Company must develop and sell products that are subject to the demands of customers
This is dependent on many factors including, but not limited to, managing and maintaining relationships with key customers, responding to the rapid pace of technological change and obsolescence, which may require increased investment by or greater pressure to commercialize developments rapidly or at prices that may not fully recover the associated investment, and the effect on demand resulting from customers’ research, development and capital expenditure plans
The manufacturing of the Company’s products is dependent on an adequate supply of raw materials
The Company’s ability to maintain an adequate supply of raw materials could be impacted by the availability and price of those raw materials and maintaining relationships with key suppliers
The Company may not successfully enforce patents and protect proprietary products and manufacturing techniques
Some of the Company’s products, as well as some competitor’s products, are based on patented technology and other intellectual property rights
Some of these patented technologies and intellectual property require substantial resources to develop
Operating results may be affected by the Company’s ability to defend its intellectual property against unauthorized use by others as well as third-party challenges to its intellectual property
The Company may not be able to successfully complete or integrate acquisitions
In so far as acquisition opportunities are identified, there is no assurance of the Company’s ability to complete any such transactions and successfully integrate the acquired business as planned
The Company is subject to domestic and international competition in all of its global markets
The Company is subject to competition in all of the global markets in which it operates
The Company’s achievement of its objectives is reliant on its ability to successfully respond to many competitive factors including, but not limited to, pricing, technological innovations, product quality, customer service, manufacturing capabilities and hiring and retention of qualified personnel
The Company may be impacted by global and regional economic conditions and legislative, regulatory and political developments
The Company conducts operations around the globe
The Company expects to continue to derive a substantial portion of sales and earnings from outside the United States
Sales and earnings could be impacted by the Company’s ability to manage the risks and uncertainties associated with the application of local legal requirements or the enforceability of laws and contractual obligations, trade protection measures, changes in tax laws, regional political instability, war, terrorist activities, severe or prolonged adverse weather conditions and natural disasters as well as health epidemics or pandemics