Showing posts with label Where. Show all posts
Showing posts with label Where. Show all posts

Saturday, June 16, 2012

Where Opportunity Is Found - Research & Analysis on Thomson Reuters Corporation (USA) and Iron Mountain Incorporated - msnbc.com

HONG KONG — This morning, www.MarketFoundations.com announced new reports highlighting Thomson Reuters Corporation (USA) (NYSE: TRI) and Iron Mountain Incorporated (NYSE: IRM). Free research downloads are available at www.MarketFoundations.com/index.php?coa=TRI&cob=IRM.

With markets in correction mode, investors are looking to quantify an accurate model, weighing positives and negatives of the months ahead. Upcoming negative pressures include China's slowdown, the European recession, the end of the Fed's Operation Twist stimulus program, continued geopolitical risks, election uncertainty, and potential 2013 budget bombshell of tax hikes and spending cuts. Meanwhile, positive offsets are driven by central banks (particularly China) cutting rather than hiking rates, deceleration in fuel and food prices, increase in consumer sentiment and resulting retail sales, signs of improvement in housing sales and new strength in auto production schedules.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Market Foundations is releasing new coverage on Thomson Reuters Corporation (USA) for its current position within the technology industry. Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world's businesses and professionals. The full research report on Thomson Reuters Corporation (USA) (NYSE: TRI) is available here: www.MarketFoundations.com/index.php?coa=TRI.

Market Foundations has released research on Iron Mountain Incorporated for its changing role within the technology industry. Iron Mountain Incorporated (Iron Mountain) provides information management services. The Company offers records management services, data protection and recovery services and information destruction services. It has a diversified customer base consisting of commercial, legal, banking, healthcare, accounting, insurance, entertainment and Government organizations. The full research report on Iron Mountain Incorporated (NYSE: IRM) is available here: www.MarketFoundations.com/index.php?cob=IRM.

About Market Foundations
By providing members with financial information services, we provide the foundation investors need to build investing intelligence. The difference between consistently making good investments or bad investments is nothing more than the right information at the right time.

© Marketwire 2012


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Sunday, March 11, 2012

Crowds are not always where best opportunities are found - News-Press

A lead-in from the Food Network show ?Chopped? seems appropriate: 308 companies, 744 portfolio managers and analysts, 30 minutes to tell their story.

Some will impress, and some will be chopped from consideration.

Over three days there were 39 half-hour time slots. And, with eight simultaneous presentations, in eight different rooms, it was an experience in death by PowerPoint. Three of us planned a coordinated effort to garner what information we could.

Following are a few random gleanings from the housing sector:

A startling contrast was evident by the presentations of two different but sizeable housing providers. One is a name virtually everyone has heard, with operations in 50 markets (call it company T). Revenues are in the $2 billion ballpark.

Housing ?company T? has lost money in two of the last four quarters, and management openly expressed concern about consumer confidence and an economic relapse. Yet, they claim to have enough land now, and continue to buy more for future use.

In stark contrast is ?company O?. This housing company operates in the U.S., Canada, and Australia. I?d not heard of them before as they are not classified as a housing company. Their specialty is quickly constructed housing in the oil patches worldwide.

The concept is working, as 2012 revenues are projected to exceed $4 billion. They have made at least $2/share in each of the last 8 years. Revenues increased at least 40 percent, and earnings jumped even more in the last four quarters.

As management stated, they follow the drilling rigs. One difficulty they do have is lodging for their construction site workers. Don?t laugh; they use Winnebagos or other motor homes to solve that problem.

One company stuck in the old way of doing business and battling to break even, while another goes where the need exists. Yet, the room was SRO for the ?company T? presentation and about half full for that of ?company O.? Go figure!

At dinner I saw an attractive young female with a Spartan Marching Band sweatshirt. She graduates this term from Michigan State with a degree in music education, and will soon be a high school band director in Wyoming ? it was her best offer. She?s going where the need exists.


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Tuesday, February 14, 2012

Donors Rush Where Angels Feared to Tread - The Irrawaddy News Magazine

The remarkable, surprising and extensive reformist policies of the new Republic of the Union of Myanmar have sparked interest throughout the international community. As one of the world’s last bastions of both relative isolation and new opportunities, Burma has recently become a magnet to which many are drawn.

Governments, international non-profit organizations and businesses are exploring what they might do in a state marred by intense poverty but possessing abundant natural resources. With a literate and diverse population and a myriad of business opportunities, Burma entices with many diverse possibilities for rapid grown and social equity.

Hotels are filling up with tourists who now feel more comfortable going to that once exotic land, and embassies may well expand to handle more foreign assistance. Many more international NGOs will join the 50 or so already there, and those that are well established may increase staff as needs become more visible and access increases.

As sanctions against new investment seem likely to be relaxed, businessmen are seeking opportunities. The Burmese government will also have to gear up to meet its newly articulated social goals. All this has raised real estate prices to levels hitherto unknown. The pattern of outward migration by unemployed Burmese seeking work and education abroad may be reversed—instead, immigration into Burma by foreigners of many persuasions is expected.

How will all these new actors operate and flourish in an environment where it is the rare foreigner who has ever studied Burmese—a language with no useful cognates in the international arena—and where the competence in English, remarkably high two generations ago, has shrunk so drastically?

They will draw upon the talents of those relatively sparse well-educated, multi-lingual Burmese in the country. An educational system that has been underfunded, tightly controlled, poorly administered and whose standards were once, in the early post-colonial period, the highest in the region, has sunk to the lowest ebb. The President of Burma has recognized the need for educational reforms.

The result of this influx is predictable, for it has been a pattern in other countries in foreign aid situations around the world for two generations. The prospect for positive change has been an elixir invigorating older programs and establishing new ones.

When foreign assistance, public or private, pours into a country, and the government establishes new programs that are important, visible, and where opportunities for advancement are evident, the best and brightest among the local population gravitate for employment to those indigenous and foreign groups.

International public and private organizations usually offer higher salaries than local groups (and sometimes in foreign currency). Even state organizations may offer better pay as an incentive to those who enroll in the new, prestigious and visible governmental departments, some of which are even encouraged or mandated by foreign aid institutions. Even if the pay is less than foreign groups might offer, the prospects for career advancement are better than in the traditional line ministries.

So, for a decade or more before educational institutions can catch up with the new demands for modernized skills, the attractions of the new opportunities may drain traditional ministries and government departments. Even the staff of local non-governmental organizations may seek other work.

In a real sense, as foreign assistance and businesses come in and operate, local governmental departments, organizations and businesses may be diminished. Traditional ministries may lose whatever vigor they might once have had as good staff seek opportunities elsewhere. The unsustainable equilibrium between the attractions of foreign organizations and the nationalistic and material benefits of working in indigenous settings sometimes take a considerable period to balance.

So as a result, progress on some areas may lead to atrophy in others. Intensive and broad in-country and external training is necessary to enable Burma to acquire the modern skills that are essential for the developmental path to which the government is committed.

International bilateral, NGOs and multilateral donors all should carefully calculate both the potential positive, and the risk of unintended negative, impacts of the early period of the openings. Foreign angels are needed, and may be going where before they indeed feared to tread, but they should be careful of where and how they step.


David I. Steinberg is Distinguished Professor of Asian Studies, School of Foreign Service, Georgetown University. His latest volume (with Fan Hongwei) is Modern China-Myanmar Relations: Dilemmas of Mutual Dependence (Nordic Institute of Asian Studies, March 2012).


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Monday, January 9, 2012

Where in the world should your business sell? - CNN Money

emerging markets

Namdaemun market in Seoul, South Korea. Small exporters can find unexpected opportunity in South Korea, Malaysia and Ghana.

(MONEY Magazine) -- With the pro basketball season finally starting, I find myself repeating the scalper's refrain, "Who's buying? Who's selling?" But I'm not thinking about tickets; I'm thinking about business, and small business in particular.

The world economy is expected to grow by 4% in 2012. The U.S. and the eurozone will expand at less than half that rate. So, like the scalper, if you've got something to sell, you've got to stand on the corners where the buyers are. If you own a small business, or are in a position of influence in one, that means looking to export to, or expand into, emerging markets.

"The consumers are overseas; people need to wake up," says Sandra Westlund-Deenihan, president and design engineer at Quality Float Works.

Employing 27, her Schaumburg, Ill., firm makes and distributes metal float balls used to level liquids in industrial settings. The company has had contracts with energy and utility companies in more than a dozen countries over the past decade, and Westlund-Deenihan says the weak dollar makes this a good time to be venturing abroad.

But where do you go, exactly? Ernst & Young recently looked at 25 fast-growing markets that offer great opportunities.

The usual suspects are there -- Brazil, Russia, India, China, and South Africa -- but their size is an impediment to the little guy: That IBM (IBM, Fortune 500) and McDonald's (MCD, Fortune 500) can set up big operations isn't particularly relevant to an entrepreneur.

So I looked at variables that matter to a small exporter, including openness to trade and enforceability of contracts. Then I turned to a World Bank report that ranks countries by how easy it is to start and operate a firm, which gives you some insight into the bureaucratic hoops you'll face.

Cross-referencing the two lists, South Korea comes out on top. Westlund-Deenihan recently met with prospects there, as she hopes to take advantage of the new U.S.-Korea free-trade agreement. "I could not believe how expensive everything is," she says. "We look very attractive to them."

Second in my algorithm is Malaysia. While income per capita of $7,900 seems low to Americans, it's in the "upper middle" quartile globally.

A third country that caught my eye is Ghana. Per capita income is low, but selling to the "aspirational poor" can work for you and them. Ghana's forecasted economic growth rate of 7.3% is close to China's projected 9%.

If you want to head overseas, contact your state trade office and the International Trade Administration to see what they know about your product and the markets you're interested in.

Various levels of government offer low-cost research help and even discounted trade trips. "If a small company like us can do this, no one has an excuse," says Westlund-Deenihan. "There's plenty of work out there."  To top of page


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