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Wiki Wiki Summary
Lluís Companys Lluís Companys i Jover (Catalan pronunciation: [ʎuˈis kumˈpaɲs]; 21 June 1882 – 15 October 1940) was a Spanish politician from Catalonia who served as president of Catalonia from 1934 and during the Spanish Civil War.\nCompanys was a lawyer close to labour movement and one of the most prominent leaders of the Republican Left of Catalonia (ERC) political party, founded in 1931.
Passeig de Lluís Companys, Barcelona Passeig de Lluís Companys (Catalan pronunciation: [pəˈsɛdʒ də ʎuˈis kumˈpaɲs]) is a promenade in the Ciutat Vella and Eixample districts of Barcelona, Catalonia, Spain, and can be seen as an extension of Passeig de Sant Joan. It was named after President Lluís Companys, who was executed in 1940.
Estadi Olímpic Lluís Companys Estadi Olímpic Lluís Companys (Catalan pronunciation: [əsˈtaði uˈlimpiɡ ʎuˈis kumˈpaɲs], formerly known as the Estadi Olímpic de Montjuïc and Estadio de Montjuic) is a stadium in Barcelona, Catalonia, Spain. Originally built in 1927 for the 1929 International Exposition in the city (and Barcelona's bid for the 1936 Summer Olympics, which were awarded to Berlin), it was renovated in 1989 to be the main stadium for the 1992 Summer Olympics and 1992 Summer Paralympics.
Conxita Julià Conxita Julià i Farrés (Catalan pronunciation: [kuɲˈʃitə ʒuliˈa j fəˈres]; 11 June 1920 – 9 January 2019), also known as Conxita de Carrasco, was a Catalan woman noted for her dealings with Lluís Companys, President of Catalonia, in the 1930s, and for her poetry. Julià died in January 2019 at the age of 98.
Not Available Not Available is the second studio album (released as the fourth) by the Residents, recorded in 1974. The album was allegedly meant to only be released once its creators completely forgot about its existence (adhering to their "Theory of Obscurity," in which an artist's purest work is created without an audience) - however, due to ongoing delays in the release of Eskimo, Not Available was released to supply the demand for new Residents material, given their unexpected critical and commercial success following the release of the Duck Stab EP.\n\n\n== History ==\nIt is said that the lyrics and themes of Not Available arose from personal tensions within the group, and that the project began as a private psychodrama before being adapted into a possible operetta.
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Transportation engineering Transportation engineering or transport engineering is the application of technology and scientific principles to the planning, functional design, operation and management of facilities for any mode of transportation in order to provide for the safe, efficient, rapid, comfortable, convenient, economical, and environmentally compatible movement of people and goods transport. \nThe planning aspects of transportation engineering relate to elements of urban planning, and involve technical forecasting decisions and political factors.
Patriot Transportation Patriot Transportation is an American trucking and real estate holding company based in Jacksonville, Florida. Through its affiliates, Patriot specializes in moving freight consisting mainly of petroleum products and other liquids and also dry bulk commodities.
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Risk Factors
INTERNATIONAL PAPER CO /NEW/ ITEM 1A RISK FACTORS In addition to the risks and uncertainties discussed elsewhere in this Annual Report on Form 10-K (particularly in Item 7
Management’s Discussion and Analysis of Financial Condition and Results of Operations), or in the Company’s other filings with the Securities and Exchange Commission, the following are some important factors that could cause the Company’s actual results to differ materially from those projected in any forward-looking statement
RISKS RELATING TO INDUSTRY CONDITIONS Changes in the cost or availability of raw material and energy
We rely heavily on certain raw materials (principally wood fiber, caustic soda and polyethylene) and energy sources (principally natural gas, coal and fuel oil) in our manufacturing process
Our ability to increase earnings has been, and will continue to be, affected by changes in the costs and availability of such raw materials and energy sources
We may not be able to fully offset the effects of higher raw material or energy costs through hedging arrangements, price increases, productivity improvements or cost reduction programs
Changes in transportation costs
Our business depends on the transportation of a large number of products, both domestically and internationally
In the United States, an increase in transportation rates or fuel surcharges and/or a reduction in transport availability in truck and rail could negatively impact our ability to provide products to our customers in a timely manner
While we have benefited from supply chain initiatives that provide adequate transportation availability, there is no assurance that such availability can continue to be effectively managed in the future
We face intense competition, both domestically and internationally, for our products in all of our current operating segments, including the two key platform businesses under our previously announced Transformation Plan, uncoated papers and packaging
Because our outlook depends on a forecast of our share of industry sales, an unexpected reduction in that share due to pricing or product strategies pursued by competitors, unanticipated product or manufacturing difficulty, a failure to price our products competitively, competition from producers of substitute materials or other similar factors could negatively impact our revenues and financial results
Our results may be affected by a change in the Company’s sales mix
Our outlook assumes a certain volume mix of sales as well as a product mix of sales
If actual results vary from this projected volume and product mix of sales, our operations (for example, by way of lack-of-order downtime) and our results could be negatively impacted
Our outlook assumes that we will be successful in implementing previously announced price increases as well as other price increases that we may in the future deem necessary and/or appropriate
Also, delays in acceptance of these price increases would negatively impact our results
Moreover, price discounting, if required to maintain our competitive position, could result in lower than anticipated price realizations
Demand for our products is affected by general economic conditions in North America, Europe, South America and Asia
Changes in industrial non-durable goods production, consumer spending, commercial printing and advertising activity, white-collar employment levels, new home construction and repair and remodeling activity, interest rates and currency exchange rates may adversely affect our businesses and the results of operations
RISKS RELATING TO MARKET AND ECONOMIC FACTORS Changes in credit ratings issued by nationally recognized statistical rating organizations
Maintaining an investment grade credit rating for our long-term debt continues to be an important element in our overall financial strategy
Our debt ratings are, from time to time, reviewed by the rating organizations and remain subject to change
For example, in 2005, Moody’s downgraded our debt from Baa2 to Baa3
Our pension and health care benefits are dependent upon numerous factors resulting from actual plan experience and assumptions of future experience
Pension plan assets are primarily made up of equity and fixed income investments
Fluctuations in actual equity market returns as well as changes in general interest rates may result in increased or decreased pension costs in future periods
Likewise, changes in assumptions regarding current discount rates and expected rates of return on plan assets could also increase or decrease pension costs
Future pension funding requirements, and the timing of funding payments, could be affected by legislation currently being considered in the US Congress
Natural disasters
The occurrence of a natural disaster, such as a hurricane, tropical storm, earthquake, tornado, flooding or other unanticipated problems, could cause operational disruptions which could impair our profitability
Changes in international conditions
Our results could be substantially affected by foreign market risks in the countries in which we have manufacturing facilities or sell our products
Specifically, Brazil, Russia, Poland, China and South Korea, where substantial manufacturing facilities exist, are developing countries subject to economic and political instability
Downturns in economic activity, adverse foreign tax consequences or any change in social, political or labor conditions in any of these countries or regions could negatively affect our financial results
We are impacted by the movement of various currencies relative to the US dollar
From time to time, we may hedge a portion of the risk from our transactions and commitments denominated in non-US dollar currencies when we deem it appropriate to do so
There can, however, be no assurance that we will be able to fully protect ourselves against substantial foreign currency fluctuations
RISKS RELATING TO THE COMPANY’S TRANSFORMATION PLAN Ability to accomplish the Transformation Plan
On July 19, 2005, the Company announced a three-part plan (the “Transformation Plan”) to transform its business portfolio to improve returns, strengthen the balance sheet and return cash to shareholders
The Transformation Plan includes narrowing the Company’s business portfolio to two key global platform businesses: uncoated papers (including the xpedx distribution business) and packaging
Among the uncertainties that exist to completing the Transformation Plan are uncertainties relating to the Company’s ability to divest or spin-off the businesses under evaluation as well as the timing, terms and net proceeds of any such transactions
Impact of the Transformation Plan on the Company’s relationships with its employees
The Company has taken steps to incent and retain employees during the transformation, and has entered into retention agreements with certain key employees who would not remain with the Company if their respective businesses are sold
5 ______________________________________________________________________ [78]Table of Contents Ability to realize anticipated profit improvement from the Transformation Plan
The profitability of the Company’s two platform businesses, uncoated papers and packaging, is subject to variable demand and the Company’s ability to execute internal profit initiatives, including ongoing supply chain and overhead initiatives and volume/mix improvements
There can be no assurance that profit improvements will be achieved
RISKS RELATING TO LEGAL PROCEEDINGS AND COMPLIANCE COSTS Unanticipated expenditures related to the cost of compliance with environmental and other governmental regulations
Our operations are subject to significant regulation by federal, state and local environmental and safety authorities, both domestically and internationally
There can be no assurance that the costs of compliance with existing and new regulations will not require significant capital expenditures, or that existing reserves will be adequate to cover future unanticipated costs
Results of legal proceedings
The costs and other effects of pending litigation against the Company and related insurance recoveries cannot be