That lets operators experiment with different flow rates and carbon-dioxide concentrations, which can be tweaked to be anything from 3.5% to 14% (roughly equivalent to those from a coal-fired power station).
Every public statement, every fact on flow rates and every new attempt to stem the oil bleed into the Gulf of Mexico could be seen as validation for whatever storyline one wished to believe.
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Reduced flow rates on China's greatest rivers have made hydro plants reduce badly needed power output: many smelters, paper mills and petrochemical plants are no longer sure of getting the huge amounts of water they require.
Free cash flow growth rates combined with shareholder yield measures will dominate equity returns going forward.
No corporation in the world books this big a pool of profits, but the market wisely focuses on growth rates and incremental cash flow momentum.
If it were true that lenders will always go with the flow, then artificially low interest rates should stimulate borrowing, increase credit and facilitate economic growth.
He notes that the company trades at about a 40% premium on cash flow metrics to peers, despite similar growth rates.
While Korean insurers have a steady cash flow, slower economic growth and low interest rates pose threats, analysts said, because insurers need to pay the relatively high interest rates pledged to existing policy holders.
Factors that bode well for the economy today include lower gasoline prices, low interest rates and ongoing improvements in the flow of credit, as well as signs of encouragement in the domestic housing sector.
Moreover, the further into the future the cash flow, the more its perceived value is affected by falling rates.
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The popular idea that a company is no more than the net present value of its future cash flow depends on guessing first what that cash flow is going to be, and then what future interest rates are going to be.
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The best mortgage rates have been obtained on excellent properties: good cash flow and good tenants.
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Low interest rates reduce the discount rate on corporate earnings and cash flow, raising their present value.
Money was allowed to flow freely across borders and, in an era of floating exchange rates, the constraints on credit growth were much reduced.
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The topic, of course, was monetary policy and whether or not the country was going to raise interest rates further or continue act on measures to cut the flow of credit, or a mix of both.
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Banks would have a greater incentive with higher rates and gain some comfort in lending more which would stimulate the flow of liquidity sitting as excess capital in banks today.
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But public TV rates for commercials are too low, judging by the continuous cash-flow problems that we hear about in pledge drives.
And as interest rates stay down, the best and safest corporate use of free cash flow is to shrink the overall amount of shares, rather then making anything resembling a risky investment.
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By now we know the story: The Fed is keeping rates down, and income oriented investors are hurting from a scarcity of cash flow instruments.
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Accounting ignores these critical details while finance incorporates them by using cash flow metrics rather than earnings metrics and a cost of capital measure that reflects current interest rates plus a component for a company's overall riskiness.
Even though the royalty rates are set to rise each year, Sirius XM will continue to grow its cash flow on the back of its robust subscription based business model.
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But monetary policy can still stimulate the economy, as lower rates boost banks' profitability, bring down firms' borrowing costs and improve indebted consumers' cash flow (see article).
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