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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Sep 03, 1990
Page
12
Computers will increasingly assist the Internal Revenue Service in selecting tax returns for audit. The system uses statistics from prior audits to flag returns with large deductions or high cash income, while agents will still apply noncomputer methods.
Investors favor soap and toothpaste makers as personal care shares like Gillette Neutrogena and Procter Gamble hold high price earnings. Colgate aims for 15 percent earnings growth with modest P E of 13.5, while Alberto Culver A shares trade at 14.3 P E, trading at a discount to B shares.
An article in Town and Country argues real estate is no longer a quick wealth route. Overbuilding, weak demand, and a looming recession depress returns, with 1989 income lagging stocks and inflation eroding fourth quarter gains. Experts advise sticking to basic assets and REITs in apartments, small shopping centers, and healthcare.
The second edition of The Joy of Outlet Shopping is a 1.7 page four color guide listing 250 outlet centers, stores, hours, and phone numbers. It notes the $6 billion outlet business and includes a map of interstate outlets. The $4.95 guide can be ordered by mail. the article cites a portable revolution driven by smaller devices.
AT&T’s new Universal Visa and MasterCard, issued through Universal Bank in Columbus Ga, touted as no annual fee and discounts. The card’s 18.9 percent rate with 25 day grace could spark shifts to balance smaller or new no-fee cards while banks race to add perks.
The article compares compact travel devices from PortaFax PortaFax Corp PortaFax 2001 priced at 1495 Mitsubishi Acc ess10 1200 and Sony Video Walkman GV 200 1200 detailing small sizes and world compatibility. It notes the base unit size and 1000 foot range for cordless calls, plus the appeal of lightweight portable fax and video options for business and pleasure travel.
Investors seek risk-free Treasuries with strong demand while yields on T bills narrow the gap with one month CDs. In March the yield gap was larger than in May and June it nearly closed, signaling potential further falls. বৃদ্ধি industry observers note rising T-bill bids, soaring money market fund Treasury assets, and banks shifting into safer Treasuries to bolster balance sheets.
When kids eye college catalogs or life changes hit, many seek segment oriented advice from financial planners. A College for Financial Planning survey of 2000 planners shows 57 percent of new business comes from problem focused services. Contacts include the National Association of Personal Financial Advisors, the International Association for Financial Planning, and the Institute of Certified Financial Planners.
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