Posts Tagged ‘According’

Growing Number of People Using Solo 401(k) Plan Loan To Pay Off Credit Card Debt, According To IRA Financial Group Survey
















Self-employed 401(k) Plan $ 50,000 loan feature allowing small business owners to fund their new business without seeking high interest rate loan options


New York, NY (PRWEB) March 24, 2015

IRA Financial Group, the leading provider of self-directed solo 401(k) plans for self-employed and small business owners with no full-time employees, announces the results of its internal survey which showed a large number of people looking to use the solo 401(k) plan loan feature as a means for paying off their credit card debt.

“Due to very high interest rates surrounding most credit card debt and the heavy financial burden it has on the individuals, more people are turning to the solo 401(k) plan loan feature as a way of paying off the credit card debt with a lower interest rate, “ stated Susan Glass, a tax specialist with the IRA Financial Group. “People are so excited when they lean that they can access up to $ 50,000 tax-free and penalty free from their 401(k) plan and use the solo 401(k) plan loan as a way of replace a high interest rate credit card loan with a low interest rate solo 401(k) plan loan, “ stated Ms. Glass. “The best part of the solo 401(k) plan loan is that you can get tax-free and penalty free access to your retirement funds and use them to pay off the credit card debt and at the same time pay your plan back, which in-turn increases the value of the loan, “ stated Ms. Glass.

Internal Revenue Code Section 72(p) allows a Solo 401K Plan participant to take a loan from his or her 401K Plan so as long as it is permitted pursuant to the business’s 401K Plan documents.

A solo 401k loan is permitted at any time using the accumulated balance of the solo 401k as collateral for the loan. A Solo 401(k) participant can borrow up to either $ 50,000 or 50% of their account value – whichever is less. This loan has to be repaid over an amortization schedule of 5 years or less with payment frequency no less than quarterly. The lowest interest rate that can be used is Prime as per the Wall Street Journal, which is currently 3.25%.

With IRA Financial Group’s Solo 401K plan loan feature, a self-employed individual or small business owner with no employees can borrow up to $ 50,000 tax-free and penalty free and use those funds to pay off student loan debt. There are no penalties or taxes due provided loan payments are paid on time. “The Solo 401(k) Plan loan has proved to be an appealing financing option to paying off high interest rate credit card debt and secure cheaper self- financing”, stated Ms. Glass.

IRA Financial Group’s Solo 401k Plan documents will allow a self-employed individual to use a loan from your Solo 401k for any purpose, including paying off debt, such as a mortgage, personal loan, or student debt. “In 2015, we have already helped hundreds of individuals use the Solo 401(k) Plan loan feature as a way to access at least $ 50,000 of retirement funds without tax or penalty to use for any purpose, including for use in paying off personal debt, such as credit card and student loans, “ stated Adam Bergman, a tax partner with the IRA Financial Group.

The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.

IRA Financial Group is the leading provider of Solo 401(k) Plan solutions. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate and private business investments without custodian consent.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.











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More Personal Finance Press Releases

Rise in Supertall Construction Projects Drives Growth in the Global Obstruction Lighting Market, According to New Report by Global Industry Analysts, Inc.














San Jose, California (PRWEB) January 13, 2015

Follow us on LinkedIn -Obstruction lights, also known as aviation lights, are lights that indicate the existence of obstacles in the aircraft flight path. Obstruction lights form an integral part of aviation lighting designed to assist pilots in navigating, especially during nights and bad weather conditions. Growth in the market is expected to remain steady driven by stringent air safety norms, and rise in the construction of tall structures such as skyscrapers, telecom/broadcast towers, and wind turbines, among others. The market also stands to gain from replacement of traditional incandescent fixtures with energy efficient LED obstruction lights.

Of special note is the rapid proliferation of telecommunication infrastructure against a backdrop of expanding mobile subscriber base and deployment of 4G networks. Installation of rooftop cellular towers is therefore increasing as mobile network operators seek to improve connectivity and quality of service. Strong growth in cable TV, satellite TV and DTTV is spurring media investments in broadcast towers, thus creating increased need for obstruction lighting solutions. Wind turbine installations as part of the government focus on sustainable energy are helping expand the need for safety lights. This is largely because wind turbines, which are often installed on hilltops and high-altitude mountainous terrains, present a potential threat to low flying aircraft. Also driving the need for obstruction lighting is the increase in low-flying helicopter operations owing to increased use of helicopters by law enforcement and emergency medical service agencies.

Given the growing emphasis on energy efficiency and cost reduction, manufacturers are focusing on the development of compact, power saving LED lights with superior aerial visibility in all weather conditions. Constantly evolving LED lumen efficiency and chip performance, and rising government incentives for improved energy efficiency standards, are key factors supporting the growth of LED obstruction lighting.

As stated by the new market research report on Obstruction Lighting, the United States represents the single largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 7.8% over the analysis period.

Major players covered in the report include BTI Light Systems A/S, Carmanah Technologies Corporation, Hughey & Phillips LLC, Dialight plc, Orga Aviation BV, Flash Technology, International Tower Lighting LLC, TWR Lighting Inc., and Ceravision Limited among others.

The research report titled “Obstruction Lighting: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, and strategic industry activities of major companies worldwide. The report provides market estimates and projections in US dollars for geographic markets such as the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East/Africa and Latin America.

For more details about this comprehensive market research report, please click here

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

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Globalization & Increasing Interdependence Drive the Language Translation Software & Services Market, According to New Report by Global Industry Analysts, Inc.











San Jose, California (PRWEB) November 10, 2014

Follow us on LinkedIn – Language Translation, a process that involves communicating the meaning of a source text in a specific language, is a fast growing market driven by increasing globalization of business and commerce. Growing need for businesses to communicate with customers, officials, employees, and partners in target markets is resulting in growing use of translation services to overcome language barriers. Development of product distribution channels and the advent of new platforms and media for publishing and communicating information are also contributing towards market growth. Language translation market comprises a wide range of language services that typically include translation, localization, interpretation, and internationalization as well as supporting technologies.

Demand for language translation is witnessing significant growth encouraged by the rising popularity of Internet for accessing and exchanging data. The transformational role played by Internet in the way business is carried out has led to huge demand for online translation services. Increasing proliferation of Internet in non-English speaking regions such as Latin America, Asia, Europe and Africa is a major factor promoting the need for localized websites. Innovative processes, technologies, applications, and usage of sophisticated products are other factors driving growth in the market. The market is witnessing a shift towards machine language translation from manual translation process, driven in part by emergence of SaaS (Software-as-a-Service) delivery model. Computer-based translation tools, also referred to as translation memory systems, are preferred by smaller companies, professional translators and translation agencies. Technology advancements are enabling embedding of translation technology into a wide range of products from complex enterprise systems to sophisticated consumer gadgets. Advances in communication networks and the rising proliferation of smartphones and tablets have led to the introduction of translation apps to provide instant translation of speech and text. Increasing prominence of cloud computing is also resulting in increasing demand for cloud-based translation tools, which are expected to affect demand for conventional translation technology.

As stated by the new market research report on Language Translation Software and Services, the United States represents the largest regional market worldwide. Increasing population diversity and the need for businesses to sharpen their regional appeal while remaining global in characteristics are major factors attributed to the rise of translation services in the country. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 14.9% over the analysis period, supported by rapid mushrooming of foreign owned businesses in the region, lucrative customer base with growing income levels, and existence of several non-English languages in the region.

Key players covered in the report include Babylon Ltd., euroscript International S.A., Google Inc., Global Linguist Solutions LLC, International Business Machines Corporation, LanguageLine Solutions, Lionbridge Technologies Inc., Manpower Group Solutions, Sajan, SDL plc, SYSTRAN S.A., thebigword Group Plc., and Welocalize Inc., among others.

The research report titled “Language Translation Software and Services: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, issues, mergers, acquisitions, and other strategic industry activities of major players worldwide. The report provides market estimates and projections for major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World.

For more details about this comprehensive market research report, please visit –http://www.strategyr.com/Language_Translation_Software_and_Services_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









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Mortgage Insurance is a Way of Providing Less for More According to YourLifeSolution.com











YourLifeSolution.com | 888.374.2764

Chicago, IL (PRWEB) November 02, 2014

YourLifeSolution.com, a service which allows consumers to compare and purchase life insurance electronically, is today alerting consumers of how mortgage insurance generally doesn’t provide as much value as life insurance for the same price.

According to YourLifeSolution.com, mortgage insurance is a form of life insurance in which the death benefit decreases with the remaining balance of a mortgage, but with life insurance, the death benefit is typically arranged to either grow or stay fixed. “Mortgage insurance is great for the bank, great for the insurer, and pretty mediocre for the customer. Overall, it’s much better to just buy traditional life insurance. Yes, it’s entirely likely that you won’t need the entire death benefit in the end, but nevertheless, it’s far more cost effective to just have a fixed death benefit life insurance policy,” said Eric Smith, the founder and independent life insurance agent of YourLifeSolution.com.

YourLifeSolution.com states that not only in their opinion is mortgage life insurance, otherwise known as decreasing term life insurance, an advantageous product, but that they have never placed a single policy that follows this scheme.

YourLifeSolution.com invites all adults to view their own life insurance rates online within the site’s homepage. Consumers can also get information by phone directly from Eric Smith by dialing 888.374.2764.























Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









Global EPS Supply to Exceed 7.97 Million Tonnes in 2016, According to In-demand Report by Merchant Research & Consulting











http://marketpublishers.com/

London, UK (PRWEB) March 04, 2014

During 2010-2012, the global expandable polystyrene (EPS) production witnessed sustained growth, increasing from about 5.83 millon tonnes in 2010 to more than 6.33 million tonnes in 2012. In 2012, Asia ranked number one worldwide in terms of EPS production, with the regional production volume being estimated at over 3.87 million tonnes. In the same year, the combined EPS supply volume of the top five EPS producing countries (China, Germany, South Korea, the USA and Taiwan) stood at almost 4.2 million tonnes. Europe was the leading both EPS exporter and importer in 2012.

The world EPS production will likely follow an upward trend in the years ahead, spurred by the increasing demand for the product from its major end-use sectors, as well as new EPS capacity introductions. In 2016, the global EPS supply is anticipated to exceed 7.97 million tonnes.

Detailed analysis and forecast of world, regional and country EPS markets can be found in the in-demand topical research study “Expandable Polystyrene (EPS): 2014 World Market Outlook and Forecast up to 2018” drawn up by Merchant Research & Consulting and recently published by Market Publishers Ltd. The report provides a deep insight into the present situation and historical background of the EPS market; offers future industry forecasts; grants access to cutting-edge data showing EPS capacities, production, demand trends, exports and imports statistics, and regional price fluctuations.

Report Details:

Title: Expandable Polystyrene (EPS): 2014 World Market Outlook and Forecast up to 2018

Published: January, 2014

Pages: 372

Price: US$ 4,500.00

http://marketpublishers.com/report/industry/chemicals_petrochemicals/expandable_polystyrene_world_market_outlook_n_forecast.html

All-round analysis of the EPS market at global, regional and country scales supplemented with valuable data on the historical and actual industry performance is offered in the topical study. The report grants access to a detailed product profile for EPS encompassing essential details on the product properties and characteristics, major applications, manufacturing processes, etc. The study uncovers important statistics on EPS production/consumption, imports/exports and capacities, reviews the recent changes of the regional EPS prices. It illustrates the competitive scenario of the world and local EPS markets, gives profiles of the leading market participants and also presents details on the main EPS consumers and highlights the current conditions of the feedstock market. Additionally, the EPS market short-term future outlook, and a thorough discussion of the market growth perspectives are provided in the insightful report.

Report Scope:


    Granular product profile of EPS including necessary information on the product (properties, major uses, manufacturing process, etc).
    Significant data on EPS feedstock sector.
    In-depth analysis of the global EPS market with a complete set of the industry historical and current performance estimates.
    Statistics on EPS capacity, supply and demand.
    Holistic view at the foreign trade flows along with the recent regional EPS price changes.
    All-encompassing overviews of the key regional and country EPS markets with valuable information on EPS production, demand, exports, imports and capacities.
    Detailed illustration of the competitive landscape.
    All-round profiles of the major EPS producers and suppliers.
    Discussion of the EPS market perspectives through 2018.

More insightful research reports by the publisher can be found at Merchant Research & Consulting page.













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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









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Demand for Additional Backhaul Capacity Drives the Millimeter Wave Equipment Market, According to New Report by Global Industry Analysts, Inc.











San Jose, CA (PRWEB) July 22, 2013

Follow us on LinkedIn – Millimeter waves (Mm-wave) are a part of the electromagnetic spectrum falling in the frequency range of 30GHz – 300GHz. Initially deployed for defense and research based applications, Mm-wave technology today finds use in a range of applications including automotive radars, airport scanners and surveillance systems, weather forecasting applications, radio broadcasting, cell phone transmissions, and telecommunication links. The main feature of Mm-wave technology is its unique resolution. The short wavelength along with significant bandwidth and transmission features of mm-waves enables use of small-sized antennas which is critical in dense urban deployments. In the coming years, Mm-waves are poised to gain momentum largely due to factors such as technological advancements and the exploding growth in media technology coupled with consumer inclination towards high-bandwidth connectivity.

Mobile backhaul is expected to be the major growth driver for millimeter wave equipment. The market is expected to witness a surge in demand with increase in deployment of high capacity mobile backhaul solutions in metros along with high cell density following the deployment of 4G network. As more consumers shift to smartphones and explore applications such as social networking, mobile enterprise, and entertainment, the need for additional network capacity and speed is on the rise. Also, increasing volumes of high-definition content, VOD and other personalized video services, and growth in data volumes being transmitted through communication networks is pushing demand for greater bandwidth. Conventional networks are being strained to address the growing requirements of network enablers and users. With the mobile industry exploring heterogeneous wireless networks, Millimeter waves, due to high frequency characteristics are evolving as an ideal solution for small cell backhaul problems. The evolution of next generation 4G/LTE networks and the growing need for backhaul solutions that offer lowest TCO to carriers, at the same time high scalability to address the exploding data traffic offers a strong business case for millimeter wave (Mm-wave) equipment.

With X-ray security scanners facing a lot of flak from regulatory authorities raising doubts about the scanners’ performance and effect when exposed to human skin, millimeter wave technology is gaining ground in scanning devices. Further, given its unique benefits, research is underway to deploy millimeter wave technology for non-destructive inspection in addition to food inspection and security measures. Also, Mm-wave radars that find extensive use in automotive safety devices in luxury vehicles are gradually penetrating the middle tier vehicle segment.

As stated by the new market research report on Millimeter Wave Equipment, the United States represents the largest market worldwide. Asia-Pacific represents the fastest growing market with a robust CAGR of 67% over the analysis period. China and India are forecast to fuel demand for rich Internet media services, which require improved back haul transmission links, thereby increasing the requirement of millimeter wave technology.

Key players covered in the report include Aviat Networks, BridgeWave Communications, DragonWave, E-Band Communications, ELVA-1, and Siklu Communication Ltd., among others.

The research report titled “Millimeter Wave Equipment: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, company profiles, mergers, acquisitions and other strategic industry activity. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific, and Rest of World.

For more details about this comprehensive market research report, please visit –

http://www.strategyr.com/Millimeter_Wave_Equipment_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









More Small Business Press Releases

Growing Popularity of Soundbars & Wireless Speakers Drive the Global Loudspeakers Market, According to New Report by Global Industry Analysts, Inc.











San Jose, California (PRWEB) June 13, 2013

Follow us on LinkedIn – As a component of music systems, loudspeakers assume significant importance as the quality of the sound reproduced depends on the technological sophistication of the speaker system. Demand for loudspeakers primarily depends on consumer spending on audio entertainment devices. Penetration levels of audio equipment such as DVD/CD Players, Blu-Ray Devices, MP3 players, Home Theater Systems, PCs, LCDs, LEDs, and other multimedia devices therefore dictate market prospects for speakers.

The market is poised to benefit from the growing consumer preference for in-home entertainment systems. Indicating change in consumer lifestyle and choice of entertainment, the trend towards At-Home Entertainment is fast gaining strength. Against the backdrop of volatile economic conditions, watching movies, listening to favorite music, or playing games at home is proving to be an economical option in comparison to expensive leisure pursuits such as vacations, dining out or watching movie screenings. The trend directly boosts demand for sophisticated loudspeakers that can enhance audio from TV shows, digital movies or games. Also encouraging growth in the market is the rising adoption of high-end home theater systems, which creates significant opportunities for satellite/subwoofer systems, in-wall speakers and soundbars. Huge demand for home automation solutions among luxury homeowners also creates demand for strategically placed outdoor speakers.

The market also stands to benefit from the robust pace of technology developments. Loudspeakers, over the years, have undergone immense transformation to incorporate the latest technologies and innovations. Among the various developments is the wireless technology that is gaining widespread adoption the world over. Changing consumer preferences, lifestyles, and media consumption habits are driving the acceptance of a range of new, innovative and non-traditional solutions for media playback. Growing demand for mobility, increasing proliferation of connected devices and rising penetration of Wi-Fi networks is making wireless connectivity a standard feature in urban households. While ‘audio quality’ has long been the only product feature influencing consumer purchase decisions, the future will witness the speakers’ ability to wirelessly connect with mobile devices as a key deciding factor. Wi-Fi and Bluetooth enabled speakers are therefore growing in popularity and are boosting market prospects for the overall market. Growing preference for wireless connectivity can be put to perspective by the fact that almost all speaker categories, including soundbars, mobile docking speakers, and even in-wall units are now being re-designed to incorporate wireless connectivity.

As stated by the new market research report on Loudspeakers, Europe represents the largest market worldwide both in terms of volume and dollar sales. The United States represents the fastest growing market with volume sales in the country projected to grow at a CAGR of 9.5% over the analysis period. Given their cost of ownership, satellite/subwoofer speakers continue to remain the largest speaker category in terms of dollar sales, while soundbars represent the fastest growing market with dollar sales waxing at a CAGR of 21% over the analysis period.

Key players covered in the report include Altec Lansing LLC, Amaoto Industrial Co., Ltd., B&W Group Ltd., Bose Corporation, Boston Acoustics Inc., Cerwin-Vega!, Creative Technology Ltd., Cambridge SoundWorks, DEI Holdings Inc., First Audio Manufacturing (H.K.) Ltd., Focal JM-Lab, Focus Audio Inc., German Physiks, Harbeth Audio Ltd., Harman International Industries Inc., Jean-Marie Reynaud, Mårten, Maxxsonics USA Inc., Nortek Inc., Niles Audio Corporation, SpeakerCraft Inc., Opera Loudspeakers, Pioneer Corporation, QLN AB, Quadral GmbH & Co. KG, Sammi Sound Tech Co Ltd., Scandyna A/S, Sonance, Inc., Velodyne Acoustics Inc., VOXX International Corporation, Klipsch Group Inc., and Yamaha Corporation, among others.

The research report titled “Loudspeakers: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in value (US$ ) as well as in volume (Units) for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East and Latin America (Brazil and Rest of Latin America). Product markets analyzed include Pair Speakers, Satellite/Subwoofer Speakers, Subwoofer Speakers, Soundbars, In-Wall Speakers, and Outdoor Speakers, among others.

For more details about this comprehensive market research report, please visit –

http://www.strategyr.com/Loudspeakers_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

Follow us on LinkedIn

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









Related International Business Press Releases

Cost Cuts and Declining Revenues Signal Lack of Future Economic Growth, According to Investment Contrarians Expert











Cost Cuts and Declining Revenues Signal Lack of Future Economic Growth, According to Investment Contrarians Expert


New York, NY (PRWEB) October 10, 2012

In a recent Investment Contrarians article, financial expert George Leong notes that revenues going forward, especially organic growth rates, will be extremely important for a healthy economy. Leong states that revenues need to grow to drive earnings; but businesses are cutting costs to drive earnings instead, signaling a lack of economic growth for the near future.

“Based on the current estimates, earnings for the S&P 500 are estimated to fall 2.6% in the third quarter, which would end the 11 straight months of earnings growth,” states Leong, citing FactSet (http://www.FactSet.com). “So far for the third quarter, 82 S&P 500 companies have issued negative earnings-per-share (EPS) guidance versus only 21 companies reporting positive guidance.”

According to Leong, Alcoa, one of the world’s top aluminum makers, is a good indicator for the global economy, as the metal is used in many industrial applications.

“In the second-quarter earnings season, Alcoa beat slightly on earnings, but revenues are an issue, as will likely be the situation for many U.S. companies,” reports Leong. He also notes that the company’s revenues are estimated to fall 12.7% in the third-quarter earnings season, followed by a 5.0% decline in the fourth-quarter earnings season.

“This is not what you would expect if the economy was healthy,” says Leong, noting that while there is some hope and optimism for the third-quarter earnings season, he expects disappointment across the board.

As in the past quarters, the key question, in Leong’s view, is whether companies are growing their revenues to drive earnings, or is earnings growth being generated by cost cuts. This is critical, and could give a good indication of how well corporate America is actually doing.

“The reality is that many companies cut costs during hard times, and they should be in a better condition now. If the economy was truly healthy, [the market] would see earnings growth driven by revenues,” Leong concludes.

To see the full article and to get a real contrarian perspective on investing and the economy, visit Investment Contrarians at http://www.investmentcontrarians.com.

Investment Contrarians is a daily financial e-letter dedicated to helping investors make money by going against the “herd mentality.”

The editors of Investment Contrarians believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing and an unprecedented expansion of our money supply. The “official” unemployment numbers do not reflect people who have given up looking for work and are thus skewed. They believe the “official” inflation numbers are also not reflective of today’s reality of rising prices.

After a 25- to 30-year down cycle in interest rates, the Investment Contrarians editors expect rapid inflation caused by huge government debt and money printing will eventually start us on a new cycle of rising interest rates.

Investment Contrarians provides unbiased research. They are independent analysts who love to research and comment on the economy and investing. The e-newsletter’s parent company, Lombardi Publishing Corporation, has been in business since 1986. Combined, their economists and analysts have over 100 years of investment experience.

Find out where Investment Contrarians editors see the risks and opportunities for investors in 2012 at http://www.investmentcontrarians.com.

George Leong, B. Comm., one of the lead editorial contributors at Investment Contrarians, has just released, “A Problem 23 Times Bigger Than Greece,” a breakthrough video where George details the risk of an economy set to implode that is 23 times bigger than Greece’s economy! To see the video, visit http://www.investmentcontrarians.com/press.
























Vocus©Copyright 1997-

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









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