The Wharton School's Wharton Research Data Services (WRDS) has entered into a partnership with Zacks Investment Research, Inc.
WRDS is the leading comprehensive, internet-based data research service. It provides instant access to over 200 terabytes of data across Finance, Marketing, and Economic disciplines. It is the gold standard in business intelligence and is a tool used by 30,000 users in 30 countries.
Zacks Investment Research provides a database of warnings, sales estimates, analyst ratings, price targets and recommendations that help the global financial community construct consensus forecasts earning surprises and analyst track records.
The Wharton press release that announced the partnership provided a quote from the Senior Director of WRDS, Robert Zarazowski. "The Zacks database offers academic and empirical business researchers the ability to analyze historic patterns in analyst behavior and see connections between their actions, a company’s performance and the market as a whole. It’s an important addition WRDS’ already extensive data offerings.”
Started in 1993, WRDS' comprehensive internet-based data research service is used by corporate firms, non-profit institutions, government and academic firms. The Wharton School is the business school at the University of Pennsylvania. Zacks Investment Research is based in Chicago, Ill. and has been the leading provider of research, market data, and quantitative models to institutional investment management firms in the US and Canada for over 30 years.
Dan Zwirn attended the Wharton School from 1989-1993 as part of a dual degree from Wharton and the Moore School of Electrical Engineering. He received a B.S. in economics and a B.A.S. in computer science.
Tuesday, January 29, 2013
Wednesday, January 16, 2013
What is TIGER 21?
TIGER 21 (The Investment Group for Enhanced Results in the 21st Century) is a learning network for high net worth investors. The peer-to-peer group of 200 Members collectively manage around $18 billion in investable assets. These Members include CEOs, entrepreneurs, investors and top executives with backgrounds in financial services, real estate, industrial and consumer goods, legal services entertainment and medicine.
Founded in 1999, TIGER 21 has groups across North America in cities such as New York City, Los Angeles, San Francisco, San Diego, Vancouver, Toronto and Montreal. Groups conduct meetings that are confidential and managed by professional facilitators. These meetings provide a forum for relationships between peers who are facing both challenges and opportunities in managing their wealth. With wide-ranging styles and expertise, TIGER 21 says their Members are granted unique insights and value not found elsewhere.
TIGER 21 conducts a presenter program where a speaker from investing, landscape or lifestyle & family speak to the Member Groups. The Groups generally will have one or two speakers a day. Dan Zwirn has previously been a TIGER 21 presenter, lending his investment expertise to the Members.
Some notable headliner presenters have included:
Founded in 1999, TIGER 21 has groups across North America in cities such as New York City, Los Angeles, San Francisco, San Diego, Vancouver, Toronto and Montreal. Groups conduct meetings that are confidential and managed by professional facilitators. These meetings provide a forum for relationships between peers who are facing both challenges and opportunities in managing their wealth. With wide-ranging styles and expertise, TIGER 21 says their Members are granted unique insights and value not found elsewhere.
TIGER 21 conducts a presenter program where a speaker from investing, landscape or lifestyle & family speak to the Member Groups. The Groups generally will have one or two speakers a day. Dan Zwirn has previously been a TIGER 21 presenter, lending his investment expertise to the Members.
Some notable headliner presenters have included:
- Michael Bloomberg: Mayor of New York City and Founder of Bloomberg LP
- Steve Forbes: President and CEO of Forbes
- Newt Gingrich: Former Speaker of the U.S. House of Representatives
- Ted Koppel: Former anchor of Nightline
- Cindy McCain: Chairman of Hensley & Company
- George Mitchell: Former Senator (D-ME), Partner/Chairman of the Global Board of DLA Piper
- Dr. Mehmet C. Oz: The Dr. Oz Show
- T. Boone Pickens: General Partner of BP Capital
- Cal Ripken Jr. Hall of Fame Baseball player, Chairman & Founder, Ripken Baseball, Inc.
- Greta Van Susteren: Journalist and Fox News Correspondent
Wednesday, January 2, 2013
U.S. Averts Fiscal Cliff
Late Tuesday night, the House of Representatives approved a bill that would avert the US from going over the fiscal cliff, thus avoiding automatic tax hikes and spending cuts, which analysts predicted would send the U.S. back into another recession.
After the White House and Senate both approved the bill, it faced its last obstacle in the House of Representatives where it passed in a 257-167 vote. 172 Democrats favored the bill with 16 against, while 85 Republicans voted to pass the bill, with 151 voting against it.
Tax cuts will remain in place for individuals earning less than $400,000 a year and couples earning less than $450,000 a year. It does, however, raise taxes for those making more than those levels respectively. The increase will be from 35% to 39.4%. During his re-election campaign, President Obama had vowed to increase taxes on those making more than $250,000 a year, while Republicans did not want any tax increases. The $400,000 agreement seemingly reflects a compromise by the two sides, which was still heavily opposed by many Republicans, as reflected by the 151 votes casts against the deal by those Republicans in the House. Many of these Republicans cited a lack of spending cuts as a reason for voting against the deal as well.
For wealthy individuals, the deal also raises taxes on capital-gains and dividends (from 15%-20%) and estates (from 35% to 40%).
One aspect of the bill that will affect all Americans is the end to the stimulus rate of the Social Security tax. Americans of all income levels will see that tax increase to 6.2% from 4.2%.
President Obama has said he will sign the bill into law, and world markets reacted positively to the news. Wednesday morning, U.S. stocks jumped quickly after opening.
Despite the resolution, the U.S. faces another "cliff" as the $110 billion in spending cuts just averted, could once again kick in. In two months, the cuts can occur if the U.S. does not increase its borrowing limit.
After the White House and Senate both approved the bill, it faced its last obstacle in the House of Representatives where it passed in a 257-167 vote. 172 Democrats favored the bill with 16 against, while 85 Republicans voted to pass the bill, with 151 voting against it.
Tax cuts will remain in place for individuals earning less than $400,000 a year and couples earning less than $450,000 a year. It does, however, raise taxes for those making more than those levels respectively. The increase will be from 35% to 39.4%. During his re-election campaign, President Obama had vowed to increase taxes on those making more than $250,000 a year, while Republicans did not want any tax increases. The $400,000 agreement seemingly reflects a compromise by the two sides, which was still heavily opposed by many Republicans, as reflected by the 151 votes casts against the deal by those Republicans in the House. Many of these Republicans cited a lack of spending cuts as a reason for voting against the deal as well.
For wealthy individuals, the deal also raises taxes on capital-gains and dividends (from 15%-20%) and estates (from 35% to 40%).
One aspect of the bill that will affect all Americans is the end to the stimulus rate of the Social Security tax. Americans of all income levels will see that tax increase to 6.2% from 4.2%.
President Obama has said he will sign the bill into law, and world markets reacted positively to the news. Wednesday morning, U.S. stocks jumped quickly after opening.
Despite the resolution, the U.S. faces another "cliff" as the $110 billion in spending cuts just averted, could once again kick in. In two months, the cuts can occur if the U.S. does not increase its borrowing limit.
Subscribe to:
Posts (Atom)