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David Trainer
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Free Upgrades for Members
We're giving free upgrades to Gold, Platinum & Pro Members to the next level of membership through April 30.
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Prepared & Here To Help – When It Matters Most
We have not experienced any disruptions thus far and do not anticipate any operational issues in the future.
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Here for You – When It Matters Most
Despite all the disruptions, New Constructs is fully operational and here for you when you (and your portfolios) need us most.
David Trainer
New Evidence on the Superiority of Our Earnings Data
An updated edition of "Core Earnings: New Data & Evidence" shows our data is more accurate, more predictive of future earnings, and more predictive of future stock prices.
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WisdomTree Now Licensing Our Core Earnings Data for Its Earnings-Focused Funds
Market-leading ETF manager WisdomTree is now using our proprietary core earnings data to rebalance and weight constituents in WisdomTree’s Domestic Core Indexes.
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Updated HBS & MIT Sloan Paper: Corporate Managers Manipulate Earnings
The recently updated edition of the paper empirically proves that corporate managers bury gains & losses in the footnotes to help them meet or beat quarterly earnings goals.
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HBS & MIT Sloan Paper: Our “Novel Database” Corrects Market Inefficiencies and Generates Alpha
“The implications of these findings are potentially far-reaching for investors and for researchers.”
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A New Paradigm for Fundamental Data & Research
Learn why we developed the unrivaled subject matter expertise needed to bring you the best in fundamental research.
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Improvements to Our Models & Data Offerings
We are excited to announce enhancements to our quarterly and Trailing Twelve Month (TTM) models as well as our Average Invested Capital calculation.
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Leveling the Playing Field for Investors: Interactive Brokers Integrates New Constructs Research
As of December 6th, clients of Interactive Broker have access to New Constructs reports and ratings on over 10,000 stocks, mutual funds, and exchange-traded funds (ETFs) directly from their IBKR accounts.
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Leveling the Playing Field for Investors: TD Ameritrade Integrates New Constructs Research
New Constructs provides TD Ameritrade clients with the sophisticated fundamental research that Wall Street insiders use to understand the true profits and valuation of companies and stocks.
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Getting ROIC Right
Hardcopy available here.
Improving your ROIC creates value
Savvy investors, boards of directors and C-suite executives of large, sophisticated companies have long recognized that the creation of value is highly correlated with
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Pension Cost Accounting Rule Change
The Financial Accounting Standards Board (FASB) introduced a new accounting standard that requires companies to present service cost as the only operating component of periodic pension costs on the income statement.
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Changing the Names, But Not the Meaning, of Ratings
In response to feedback, we are making two changes to the names of our ratings. These changes in language have no impact on our underlying stock or ETF & mutual fund rating methodologies.
David Trainer
Why Robo-Analysts, Not Robo-Advisors, Will Transform Investing
Robo-advisors and Robo-Analysts are both important to enabling wealth management firms to cut costs without sacrificing quality of advice, but the importance of a Robo-Analyst to enhance the quality of investment advice shouldn’t be underestimated.
David Trainer
10,000 Scottrade Users Sign-Up In Just 6 Months
Over 10,000 Scottrade clients have signed up for New Constructs and are enjoying the benefits of our robo-analyst technology.
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The $7.0 Trillion+ Opportunity In the Russell 3000
We conducted an analysis, as of November 30, 2016, of companies included in the S&P 500 and the Russell 3000 to reverse engineer the components that make up each company’s total enterprise value.
David Trainer
The $1 Trillion+ Opportunity in Working Capital Optimization in the Russell 3000
Based on our analysis, we estimate that Russell 3000 companies can free up between $600 billion to $1 trillion by focusing on working capital optimization initiatives.
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The $700 Billion+ Opportunity In the Technology Sector
We conducted an analysis, as of November 30, 2016, of companies included in the Russell 3000 Information Technology Sector to reverse engineer the market’s expectations for cash flows as reflected in each company’s total enterprise value.
David Trainer