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Business Financial Publishing Ranks 185 on Inc. 500 List of Fastest-Growing Private Companies in U.S.
Internet content publisher of investment news, investment research, and stock picks for individual investors also ranks 2 in media industry and 16 in Washington, DC metro region.
Washington, D.C., August 20, 2008 - Business Financial Publishing today announced it ranks 185 on Inc. magazine's just-released annual list of the fastest-growing private companies in the United States. Ian Wyatt, the founder and President of Business Financial Publishing, attributed the company's rapid growth to a talented staff and a client base that consists of some of the biggest names in the investment content and financial services business.
Business Financial Publishing's Inc. 5000 company profile can be found at:
http://www.inc.com/inc5000/2008/company-profile.html?id=200801850
In addition, Inc. magazine also ranked Business Financial Publishing:
- #2 in the Top 50 Inc. 5,000 Companies in the Media Industry
- #16 in the Top 100 Inc. 5,000 Companies in the Washington-Arlington-Alexandria-DC-VA-MD-WV
"Inclusion in the Inc. 500 is an impressive accomplishment that every entrepreneur aspires to achieve," said Wyatt. "For the past three years, this has been a goal for our company. This honor is an achievement that everyone at Business Financial Publishing is proud of."
High quality investment research, investment news, and stock picks are a cornerstone of the success of the company. "Our team of dedicated professionals provides our audience of individual investors with the highest quality research and valuable investing ideas," said Wyatt.
Business Financial Publishing works with email advertisers and lead generation marketers to ensure the success of their online marketing advertising campaigns. Recent advertisers include Agora Financial, Barron's, Financial Times, Fisher Investments, Forbes Magazine, Investors Business Daily, The Motley Fool, InvestorPlace Media, MetaResponse Group, Schaeffer's Investment Research, TheStreet.com, 21st Century Investor, Tycoon Research, Value Line, The Wall Street Journal, and Winning Investments.
Learn more about Business Financial Publishing by visiting the website at: http://www.bfpublishing.com
Business Financial Publishing grew sales an impressive 1,303.7%, from $511,703 in 2005 to $7.2 million in 2007, the years reviewed and measured by Inc. magazine. "This rapid growth was the result of aggressive launches of new products that contributed revenues in the areas of both online advertising and product sales," said Wyatt.
Wyatt founded Business Financial Publishing in the summer of 2001, and began publishing the company's first paid subscription newsletter, the Growth Report, in August of that year. Since 2001, Business Financial Publishing has grown into a diversified publisher of investment news, investment research, and stock picks for individual investors through websites, free e-letters, regular special reports, and paid subscription newsletters and trading services.
Business Financial currently publishes three paid subscription newsletters (Growth Report, Rising Star Stocks, and Top Stock Insights); two weekly email newsletters (Big Idea Investor and Financially Fit); four regular special reports (BrokerAdviser.com, 4xAdviser.com, MutualsAdvisor.com, and NewsletterAdvisors.com); and SmallCapInvestor.com, an investment website with daily analysis of small cap stocks. Business Financial Publishing recently launched TradeMaster Daily Stocks Alerts, a long short service for investors looking for momentum stocks in up markets and down.
"Our second annual Inc. 5000 continues the most ambitious project in business journalism," said Inc. 5000 Project Manager Jim Melloan. "The Inc. 5000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth."
Complete information on this year's Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at http://www.inc.com/inc5000
J.P. Morgan Adds to Derivatives Muscle
March 19, 2008
With J.P. Morgan Chase & Co.'s rescue of Bear Stearns Cos., a behemoth in the complex world of derivatives trading has become even bigger, and the business is now more concentrated.
...
"'Many pathways through this maze of derivatives lead back to J.P. Morgan," said Martin Weiss, president of Weiss Research, an investment-research firm in Jupiter, Fla. "The domino effect of a major firm like Bear defaulting on its derivative transactions may have hurt other counterparties in the marketplace, many of which trade with J.P. Morgan."
Click here to read more ...(subscription required)
February 2008
The latest Nielsen Netratings numbers for February have been released, and Newsmax,
for the second month in a row, is #1 among the nation's leading independent news sites.
Our unique monthly visitors grew from 3.9 million visitors in January to 4.1 million visitors in February.
If Newsmax was ranked among the web sites of the top ten newspapers in the nation, it would rank #6, just behind the Wall Street Journal.
Nielsen Netratings — February 2008
19.10 |
NYTimes.com | |
12.3 |
ABCNEWS Digital Network | |
12.1 |
Google News | |
10.2 |
Fox News Digital Network | |
10.0 |
CBS News Digital | |
4.6 |
NPR | |
4.2 |
New York Post | |
4.1 |
Newsmax.com | |
3.7 |
TheHuffingtonPost.com | |
3.4 |
DrudgeReport.com | |
2.9 |
Salon.com | |
2.9 |
Politico.com | |
2.2 |
Chicago Sun-Times | |
1.7 |
The Washington Times | |
1.3 |
TownHall.com | |
1.2 |
Daily Kos | |
1.2 |
Worldnetdaily.com | |
1.0 |
NationalReview.com | |
1.0 |
HumanEvents.com |
January 2008
Nielsen Netratings recently released their web ratings for last month. Newsmax now leads the pack among independent news web sites, surpassing many well known web sites.
Newsmax is a growing and vital source for Americans seeking the latest news on the 2008 elections.
Nielsen Netratings — January 2008
20.5 |
NYTimes.com | |
13.1 |
ABC News | |
12.3 |
USAToday.com | |
10.8 |
Fox News | |
9.9 |
WashingtonPost.com | |
5.7 |
BBC News | |
4.2 |
NPR | |
4.2 |
Oprah | |
4.0 |
New York Post | |
3.9 |
Newsmax.com | |
3.2 |
DrudgeReport.com | |
2.9 |
TheHuffingtonPost.com | |
2.7 |
Chicago Sun-Times | |
2.4 |
Politico.com | |
2.0 |
Salon.com | |
2.0 |
Townhall.com | |
1.5 |
The Washington Times | |
1.1 |
Rushlimbaugh.com | |
1.1 |
USNews.com | |
1.1 |
DailyKos | |
1.0 |
NationalReview.com | |
0.9 |
WorldNetDaily.com | |
0.7 |
OpinionJournal.com |
Senate Turns Back Attempt To Loosen Sarbanes-Oxley Act
(April 25, 2007)
by Bill Swindell, Congress Daily
The Senate beat back Tuesday an attempt to weaken the 2002 Sarbanes-Oxley corporate governance law, signaling congressional support is still strong for the landmark measure despite criticism from some in the business community.
The chamber voted, 62-35, to table an amendment by Sen. Jim DeMint, R-S.C., that would have exempted companies with market capitalization of less than $700 million, revenue of less than $125 million, or with fewer than 1,500 shareholders, from a key provision of the law that was passed in the aftermath of the Enron Corp. and World Com Inc. scandals.
The "no" votes were all Republicans with the exception of Sen. Mary Landrieu, D-La. And 14 Republicans voted against DeMint.
The DeMint measure would have exempted those firms from Section 404 of the law, which requires public companies to establish and maintain internal controls and financial reporting procedures, which also must be certified by an outside accounting firm.
Business lobbyists have complained that Section 404 is too burdensome for smaller companies to comply with and contains language too vague for the SEC to implement. The DeMint amendment mirrors language in a bill by Reps. Tom Feeney, R-Fla., and Gregory Meeks, D-N.Y.
"Let's not continue to allow investment capital to continue to be shipped out of this country," DeMint said.
But Senate Banking Chairman Dodd and ranking member Richard Shelby, R-Ala., both rose to oppose the DeMint amendment, saying that the SEC and the Public Company Accounting Oversight Board intend to release new rules regarding Section 404 implementation within the next three weeks and that Congress should not interfere with the process.
"It would be inappropriate ... for us to jump in here to draw a conclusion on what the SEC ought to be doing. [SEC Chairman] Chris Cox is doing a very, very good job at the SEC. The staff and the other commissioners are doing the job we asked them to do," Dodd said. "Allow them to complete their work."
Instead, the two offered a non-binding resolution expressing the sense of the Senate that the SEC and PCAOB continue to finalize their rulemaking on Section 404. Dodd said the agencies were going through 200 comments on the matter to finalize their rule. The Dodd amendment was adopted by a 97-0 vote.
Cox has argued that Congress should not try to pass further legislation because the two agencies are capable of making the tweaks to provide relief for firms while also maintaining the law's integrity. During a hearing with Cox on the issue last week, Small Business Chairman Kerry said the cost of compliance for small firms is disproportionately higher than for big corporations.
DeMint also argued that the 2002 law could have an unintended effect of forcing companies to foreign exchanges when they opt to go public to avoid adhering to Section 404 conditions. He said a recent study commissioned by Sen. Charles Schumer, D-N.Y., found that in the first 10 months of 2006, U.S. exchanges attracted barely one-third of the share of initial public offerings than they captured in 2001.
He said the study found the trend was "due to non-U.S. issuers' concerns about compliance with Sarbanes-Oxley Section 404 and operating in what they see as a complex and unpredictable legal and regulatory environment." The U.S. Chamber of Commerce has raised similar concerns.
A group of consumer advocates, including Consumer Federation of America, U.S. Public Interest Research Group and Consumers Union, opposed the DeMint amendment, noting that since Sarbanes-Oxley's passage, the number of and value of U.S. initial public offerings has actually increased.
House passes executive comp bill
(April 20, 2007)
Legislation giving shareholders of public companies an advisory vote on executive compensation plans was approved by the House of Representatives today by a vote of 269-134.
he legislation, introduced by House Financial Services Committee Chairman Barney Frank (D-Mass.), also would give shareholders an advisory vote if a company gives executives new “golden parachute” benefits during negotiations to buy or sell a company.
Click here to read more ...
A Contrarian View: Save Less and Still Retire With Enough
(January 27, 2007)
Could it be possible that you are saving too much for your retirement?
Such an idea would fly in the face of almost every exhortation to a nation of spendthrifts that saving more is an imperative. After all, even as people are living longer, corporate pension plans and Social Security can no longer be relied on to ease most Americans through their retirement years. Fidelity, the nation's largest provider of workplace retirement savings plans, says the average 401(k) account balance is only $62,000.
Click here to read more ...
O.K., Financial Planners, Grab a Calculator and Let’s Get Started
(January 27, 2007)
The only way to know whether you have saved enough for retirement is, when you suck in your last breath, for someone to show you your bank statement.
And you smile.
Until then, you'll have to depend on financial planners and software.
Click here to read more ...
Congress's Last Acts Include Tax Breaks
(December 10, 2006)
Postal, Trade Bills Wrap Up Session
The rancorous 109th Congress adjourned yesterday morning with final passage of measures to expand civilian nuclear trade with India, establish permanent trade relations with Vietnam and extend a bevy of expiring business tax breaks.
Legislation that would overhaul the U.S. Postal Service for the first time since 1970 and could hold down the cost of mailing letters also cleared the Congress and was sent to the president. A presidential commission and the Government Accountability Office had called for changes in how the Postal Service operates as Americans increasingly communicate and do business through e-mail and the Internet.
Click here to read more ...
