Investment

Demystifying facts about the Pros and Cons of Asset Management and Valuations

If you are looking to reduce loss, increase customer value, and ensure compliance with regulations and accreditations, asset management and its proper valuation is the solution.

Asset management is the task performed by third-party companies who make investment decisions for your business. Hotel acquisition and management are one of its examples.

Asset management demands a highly skilled team to handle the day-to-day management of net-worthy possessions. The decision-makers should make wise and well-timed investment decisions based on several investment strategies and wealth management solutions. The decision should benefit not only the portfolio but finances also.

Likewise, reliable and accurate property appraisal services determine the profit level. It tells you about the potential value of your property to avoid any loss. Valuation is a service that must be handled by experienced industry leaders who have in-depth knowledge of the market.

You need to look for a firm that can handle worldwide asset management and provide a precise valuation of the property to help you in closing successful real estate investments.

Benefits of asset management and valuation

  • Increase customer value

When hotel owners reach hotel acquisition & management advisors, strategic execution and monitoring of Investments becomes the critical factor and helps increase customer value. When your customer gets excellent services, they would not complain of anything and would reach you again. Thus, increased customer loyalty with solid asset accountability leads to a better customer experience; hence, it also increases revenue.

  • Reduce loss

Asset managers like United Capital Property Investments (Cyprus) Ltd are responsible for the reliable investment strategy which deliver the highest profits, manage all transactions, monitor portfolio, and rebalance the case to reduce any loss. The expertise which you get from third-party asset management provides you International property consultancy to cater to individual needs. Additionally, getting a fully informed decision about property appraisal before the real-time investment also saves you from any overvalued or undervalued property estimation.

  • Save time

As an owner, your responsibility is to focus on growth and let management handle the third party. While investing in the market with which you are not familiar, it can take your lot of time to research the valuation, reliability, management, and all. Therefore, if you get a one-stop solution of asset management and International Property Appraisals, you save a great deal of your precious time.

Cons of asset management and property appraisals

  • Costs

The costs of asset management services in terms of charges can interrupt your ongoing profits. However, to get something, you have to pay for something. So, a short-term investment can benefit you in the long term. Before signing up for the actual service, prospective management clients must ask a company for a precise quote outlining all applicable costs.

  • Retention of employees

If you outsource management services for your assets, the existing employees in your company have to go down. You need to revise the business planning and give notice to employees.

  • Difficulty in choosing the best property consultancy

It is a daunting task to pick the most reliable, experienced, and performance-driven company for worldwide asset management and international property appraisals. In this case, you can search for United capital property Investments (Cyprus) Ltd (https://unitedcapitalgroup.eu/) and avail the benefits.

Media Contact
United Capital Property Investments (Cyprus) Limited
info@unitedcapitalgroup.eu
22503074


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SUNDAY WRESTLEMANIA® SOLD OUT

For the second consecutive night, a sell-out of 25,675 fans attended WrestleMania at Raymond James Stadium in Tampa Bay, FL with millions more watching at home on Peacock in the U.S. and on WWE Network around the world.

“Management’s Discussion and Analysis of Financial Condition and Results of Operations” Tweet this

Two sell outs with a combined 51,350 fans attended both nights of WrestleMania at Raymond James Stadium.

Adhering to local health guidelines, a limited number of tickets were sold for both nights of WrestleMania, with all in attendance seated in socially distanced pods. Additional safety measures included health screenings and temperature checks prior to entry into Raymond James Stadium, mask requirements, social distancing, mobile ticketing, cashless concessions and enhanced sanitization throughout the venue.

Next year’s WrestleMania will take place on Sunday, April 3, 2022 at AT&T Stadium in Arlington/Dallas. Ticket information will be announced later this year.

About WWE

WWE, a publicly-traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 900 million homes worldwide in 28 languages through world-class distribution partners including NBCUniversal, FOX Sports, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all live pay-per-views, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network. The Company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, Orlando, Dubai, London, Mexico City, Mumbai, Munich, Riyadh, Shanghai, Singapore and Tokyo.

Additional information on WWE (NYSE: WWE) can be found at wwe.com and corporate.wwe.com.

Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries. All other trademarks, logos and copyrights are the property of their respective owners.

Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to: the impact of the COVID-19 outbreak on our business, results of operations and financial condition; entering, maintaining and renewing major distribution agreements; a rapidly evolving media landscape; WWE Network (including the risk that we are unable to attract, retain and renew subscribers); our need to continue to develop creative and entertaining programs and events; the possibility of a decline in the popularity of our brand of sports entertainment; the continued importance of key performers and the services of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and greater financial resources or marketplace presence of many of our competitors; uncertainties associated with international markets including possible disruptions and reputational risks; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; the complexity of our rights agreements across distribution mechanisms and geographical areas; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events including without limitation, claims alleging traumatic brain injury; large public events as well as travel to and from such events; our feature film business; our expansion into new or complementary businesses and/or strategic investments; our computer systems and online operations; privacy norms and regulations; a possible decline in general economic conditions and disruption in financial markets; our accounts receivable; our indebtedness including our convertible notes; litigation; our potential failure to meet market expectations for our financial performance, which could adversely affect our stock; Vincent K. McMahon exercises control over our affairs, and his interests may conflict with the holders of our Class A common stock; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the volatility of our Class A common stock. In addition, our dividend is dependent on a number of factors, including, among other things, our liquidity and historical and projected cash flow, strategic plan (including alternative uses of capital), our financial results and condition, contractual and legal restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and such other factors as our Board of Directors may consider relevant. Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Undue reliance should not be placed on these statements. For more information about risks and uncertainties associated with the Company’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q.

Contacts

Media Contact:
Adam Hopkins
203-352-8675
Adam.Hopkins@wwecorp.com

Investor Contact:
Michael Weitz
203 352 8642
Michael.Weitz@wwecorp.com


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American IRA Discusses A Self-Directed IRA After Retirement Age – What Investors Need to Know

What should investors think about when they consider retirement age? After all, according to a recent post at American IRA, a Self-Directed IRA administration firm based in Asheville, NC, many people think about retirement from the perspective of someone younger investing for the long-term, but do not think about the consequences of their actions when they hit retirement age. For instance, there are developments later in life that will affect how investors should think about what retirement will look like.

There are typically two ages, which occur around 59 and 72, that investors should pay particular attention, according to the post. The age of 59 ½ signals the beginning of “retirement age” for investment purposes, because this is the age at which investors will no longer have to pay a 10% penalty for withdrawing retirement early. Many people retire much later in life than this, but it is an important milestone that notes just how far an investment may have come.

There is a second age, which is more relevant for understanding RMDs, or Required Minimum Distributions. As the post notes, Required Minimum Distributions kick in for those accounts in which an investor utilized before-tax money. In other words, for investors who made tax-deductible contributions towards an account like a 401(k), Required Minimum Distributions eventually kick in. This is not the case for Self-Directed Roth IRAs, wherein an investor has put aside money that was taxed, meaning after-tax contributions were made earlier in the life of the investment.

“This article talks about things from the retirement perspective,” said Jim Hitt, CEO of American IRA. “For many investors, it’s all about optimizing savings now. And that is a great way to get started. But for investors who are using a Self-Directed IRA, they often work as their own retirement planner, in some respect. And articles like these are useful for thinking about things from the retirement perspective.”

For more information, visit the post at www.AmericanIRA.com or call American IRA at 866-7500-IRA.

About:
“American IRA, LLC was established in 2004 by Jim Hitt, CEO in Asheville, NC.

The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $500 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties, or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term “they” refers to American IRA, located in Asheville and Charlotte, NC.”

SOURCE: American IRA, LLC


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CIT GAP Funds Invests in Linebird to Bring the Unmanned Systems Revolution to High Voltage Power Lines

Company’s use of unmanned aerial systems (UAS) to make contact with live power lines improves safety and reduces costs of grid maintenance and monitoring

The Center for Innovative Technology (CIT) today announced that CIT GAP Funds has invested in Richmond, Va.-based Linebird, developer of an unmanned aerial systems (UAS) solution that makes contact with live power lines, addressing the safety concerns of grid maintenance and monitoring. Linebird is transforming the way power transmission infrastructure is inspected and maintained in a safer way with the use of drone technology. The company will use this investment to prepare its technology for product launch by the end of the year.

Power line inspection and maintenance is one of the most dangerous jobs in the U.S., with lineman fatality rates close to those of law enforcement and construction workers. Specifically, work on high-altitude, energized infrastructure is the most hazardous part of line work and requires capital equipment such as helicopters for crew access. Linebird is addressing these risks by offering UAS payload systems that enable unmanned work in contact with live lines, greatly reducing cost and liability of operations and maintenance.

“Linebird is transforming the way power transmission infrastructure is inspected and maintained. We are reducing risk factors for work that is traditionally handled by a manned crew, which can now be done remotely or autonomously,” said Michael Beiro, Founder and CEO of Linebird. “Our mission is to continue innovating and improving UAS technology so that jobs such as manually running diagnostics and conducting repairs on live power lines can be done without human contact. We thank CIT GAP Funds for their support and financial investment, which is contributing to our plans for rapid growth.”

Linebird’s modular suspended payload system allows direct-contact, live-line work without the high-risk use of helicopters and linemen. The solution can adjust to accommodate many industrial drones, and the system can adopt other linemen tools to do inspection, maintenance and repair. Their first use case adapts the SensorLink OhmStikTM, a well-known lineman’s tool for evaluating power line connections, to UAS deployment, providing an innovative way to enable power grid reliability and resilience. This allows existing manned utility crews to focus on higher value and lower risk operations.

“With jobs in the utilities industry being one of the top 10 most fatal in the country, Linebird is well-positioned to address a critical market need. Their team is passionate about making a positive impact on this industry by advancing technology to make these jobs safer and more efficient,” said Marco Rubin, Senior Investment Director, CIT GAP Funds. “Linebird’s recent recognition as a finalist in the Electric Power Research Institute’s (EPRI) Incubatenergy Labs 2021 Pitch Contest is a positive sign of more good things to come. We look forward to following their journey as they continue to grow and gain more traction.”

About Linebird
Linebird is working to transform the way power transmission infrastructure is inspected and maintained, expanding the capabilities of unmanned systems to take work that was once costly and life-threatening and do it quickly, cheaply, and remotely with the power of automation. We are currently conducting lab and field tests to demonstrate that unmanned systems can bring lineman tools in contact with live transmission lines through our patent-pending process and readying our technology for field deployment. For more information, please visit https://linebird.net/.

About CIT GAP Funds
CIT GAP Funds makes seed-stage equity investments in Virginia-based technology, cleantech, and life science companies with a high potential for achieving rapid growth and generating a significant economic return for entrepreneurs, co-investors, and the Commonwealth of Virginia. Since its inception in 2005, CIT GAP Funds has deployed $32.4 million in capital across more than 240 portfolio companies, including 17 companies in designated Opportunity Zones. CIT GAP Funds’ investments are overseen by the CIT GAP Funds Investment Advisory Board (IAB). This independent, third-party panel consists of leading regional entrepreneurs, angel, and strategic investors, and venture capital firms such as New Enterprise Associates, Grotech Ventures, Harbert Venture Partners HIG Ventures, Edison Ventures, In-Q-Tel, Intersouth Partners, SJF Ventures, Carilion Health Systems, Johnson & Johnson, General Electric, and Alpha Natural Resources. For more information, please visit www.cit.org/gap.

About the Center for Innovative Technology (CIT)
Investing in Virginia’s Growth | CIT concentrates on the early commercialization and seed funding stages of innovation, helping innovators and tech entrepreneurs launch and grow new companies, create high-paying jobs, and accelerate economic growth throughout the entire state of Virginia. Founded in 1985, CIT accelerates next-generation technologies and technology companies through commercialization, capital formation, and market development initiatives throughout Virginia. Programs include | CIT GAP Funds | Commonwealth Commercialization Fund (CCF) | Virginia Founders Fund | Smart Communities | Cybersecurity | Unmanned Systems | SBIR/STTR Support (Small Business Innovation Research (SBIR) & Small Business Technology Transfer (STTR) programs) | Virginia Research Investment Fund (VRIF) | Regional Innovation Fund (RIF) | Startup Company Mentoring & Engagement. For more information, please visit www.cit.org. You can also follow CIT on Twitter, LinkedIn, and Facebook.

Contact Data

Dan Warren
LaunchTech Communications
443-977-9638
dan@golaunchtech.com

Sara (Pomakoy) Poole
Center for Innovative Technology (CIT)
sara.poole@cit.org

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Adcore to Ring Opening Bell at the Toronto Stock Exchange

Adcore Inc. (the “Company” or “Adcore“) (TSX:ADCO)(FSE:ADQ), a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way (“Effortless Advertising“) will celebrate the Company’s graduation to the Toronto Stock Exchange (“TSX”) by virtually ringing the TSX opening bell at 9:30 a.m. ET tomorrow, Thursday March 18, 2021. The Company’s senior management, directors and other team members will participate in the ceremony in recognition of the Company commencing trading on the TSX on March 4, 2021 under the ticker symbol “ADCO”.

A live webcast of the TSX opening bell ceremony will be available at 9:30 a.m. ET on BNN Bloomberg. A video of the webcast will also be available on the Company’s website and social media.

“We are proud to be the first Israeli-based company to graduate to the Toronto Stock Exchange and we’re excited to become part of one of the world’s leading public exchanges,” commented Omri Brill, CEO of Adcore. “The past year has been a busy one for Adcore, reflected in our significant growth and increased market recognition, and while we pause briefly today to celebrate this major accomplishment, we remain focused on continuing to drive the rapid momentum we’re seeing in the business. Our progress to date would not have been possible without the innovative talents of our employees, whose hard work and commitment have contributed immeasurably to our success. We look forward to achieving many future milestones, as we continue to grow our business by providing best-in-class digital marketing solutions to the marketplace.”

ABOUT ADCORE

Adcore is empowering entrepreneurs, advertisers, and the future of e-commerce through its advertising management and automation platform. By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising, and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. In addition to being named numerous times on Deloitte’s Fast 50 Technology list, Adcore is a certified Google Premier Partner, Microsoft Partner, Facebook Partner and TikTok Partner.

Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

For more information about Adcore, please visit https://www.adcore.com/investors/

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements, including statements about the Company. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

For further information please contact:
Martijn van den Bemd,
GM North America
Telephone: 647-497-5337
Email: martijn@adcore.com

U.S. Investor Relations:
John Nesbett/Jennifer Belodeau
IMS Investor Relations
Telephone: 203-972-9200
Email: jnesbett@imsinvestorrelations.com

Canada Investor Relations:
Virtus Advisory Group
Telephone: 416-644-5081
Email: info@virtusadvisory.com

ADCORE INC. https://www.adcore.com/investors/

SOURCE: Adcore Inc.


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Peak Power Inc. Closes Latest Funding Round with Investment from The Atmospheric Fund

The Atmospheric Fund’s investment strengthens Peak Power’s position in the market as a cleantech innovator

Toronto-based Peak Power (Peak) today announced that it has closed funding from The Atmospheric Fund (TAF), representing the fifth investor in Peak’s capital funding round. TAF will join Sensata Technologies, Export Development Canada (EDC), BDC Capital, and Hatch/Canadian Shield as a strategic investor in Peak.

“We have an agenda to put the environment on the balance sheet’, and the investment from TAF will help us strengthen our position in the market to accomplish this.”

TAF brings to the round their focus on carbon emissions reduction, as they have a mandate to advance local solutions to climate change through high-impact investments. Their contribution aligns with Peak’s commitment to decarbonizing energy, the built environment, and mobility through enabling intelligent energy in smart cities. Peak’s smart buildings platform, Peak Insight™, which helps clients reduce their emissions and generate revenue through electricity markets, is already deployed in over 15 million square feet of commercial and industrial real estate in Ontario, New York, and California.

“Our objectives as an impact investor are to make risk-adjusted returns, create carbon reduction, and mobilize capital into climate solutions,” said Tim Stoate, Vice President, Impact Investing at TAF. “Peak Power touches on all of our priorities, particularly because their system enables carbon reduction in both the building and transportation sectors, the highest emitting sources of carbon in our urban region. We’re confident this solution has potential to scale across Canada and beyond, creating an ideal opportunity for investors looking to make a positive impact.”

“TAF backing Peak is a major point of validation for us, proving that we are on the right track to helping our clients achieve their net zero goals. Their support completes an incredible roster of strategic partners and investors that will help us scale Canadian Cleantech across North America and globally,” said Derek Lim Soo, CEO and Co-Founder of Peak Power. Imran Noorani, VP of Strategy and Corporate Development further remarked, “We have an agenda to ‘put the environment on the balance sheet’, and the investment from TAF will help us strengthen our position in the market to accomplish this.”

About Peak Power

Founded in 2015, Peak Power develops AI-powered software to create intelligent energy systems in smart cities. It optimizes the use of synthetic, stationery, and electric vehicle batteries through its offerings: Peak Insight™, Peak Synergy™, and Peak Drive™. Peak Power’s solutions reduce the environmental footprint of their clients while creating revenue streams through the power grid.

About The Atmospheric Fund

The Atmospheric Fund is a regional climate agency that invests in low-carbon solutions for the Greater Toronto and Hamilton Area and helps scale them up for broad implementation. Supported by endowment funds, TAF advances the most promising concepts by investing, providing grants, influencing policies and running demonstration programs. TAF is particularly focused on ideas that offer benefits in addition to carbon reduction such as improving people’s health, creating local jobs, boosting urban resiliency, and contributing to a fair society.

Contacts

The Atmospheric Fund
Julie Leach
Communications Manager
jleach@taf.ca
1-844-625-8321

Peak Power
Elaine Kwok
Director, Marketing
elaine@peakpowerenergy.com


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ROSEN, A LEADING LAW FIRM, Encourages Decision Diagnostics Corp. Investors with Losses In Excess of $100K to Secure Counsel Before Important Deadline – DECN

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Decision Diagnostics Corp. (OTC: DECN) between March 3, 2020 and December 17, 2020, inclusive (the “Class Period”), of the important March 16, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Decision Diagnostics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Decision Diagnostics class action, go to http://www.rosenlegal.com/cases-register-2009.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 16, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Decision Diagnostics had not developed any viable COVID-19 test, much less a test that could detect COVID-19 in less than one minute; (2) Decision Diagnostics could not meet the U.S. Food and Drug Administration’s emergency use authorization testing requirements for its purported COVID-19 test; (3) accordingly, defendants had misrepresented the timeline within which Decision Diagnostics could realistically bring its COVID-19 test to market; (4) all of the foregoing subjected defendants to an increased risk of regulatory oversight and enforcement; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Decision Diagnostics class action, go to http://www.rosenlegal.com/cases-register-2009.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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Worldwide Personal Services Industry to 2030 – Identify Growth Segments for Investment – ResearchAndMarkets.com

This report provides strategists, marketers and senior management with the critical information they need to assess the global personal services market as it emerges from the COVID-19 shut down.

The global personal services market is expected to grow from $982.66 billion in 2020 to $1057.18 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1411.2 billion in 2025 at a CAGR of 7%.

Companies Mentioned

  • Services Corporation International
  • Sears Holdings
  • Best Buy
  • Regis Corporation
  • Weight Watchers International Inc

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Asia Pacific was the largest region in the global personal services market, accounting for 38% of the market in 2020. North America was the second largest region accounting for 29% of the global personal services market. Africa was the smallest region in the global personal services market.

Personal care service companies such as beauty salons, spas are increasingly marketing their services through online platforms. These websites or applications allow customers to book appointments with beauticians who provide services such as haircut, styling, makeup, massage and others at the customer’s premise. For instance, Lisa, an online platform offers haircuts, massage, manicures and others at home upon making prior booking.

Coronavirus Pandemic – The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the personal services market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of ‘lock down’ and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the personal services market will recover from the shock across the forecast period as it is a ‘black swan’ event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Faster Economic Growth – The personal services market’s growth is expected to be aided by stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020, and 3.6% from 2021 to 2023. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, India’s GDP is expected to grow at 7.3%, whereas China is forecasted to register GDP growth of 6.2% in 2019. Stable economic growth is expected to increase disposable incomes, driving the demand for personal services.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Personal Services Market Characteristics

4. Personal Services Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Personal Services Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Personal Services Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Personal Services Market Trends and Strategies

8. Impact of COVID-19 on Personal Services

9. Personal Services Market Size and Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.3. Forecast Market Growth, Value ($ Billion)

10. Personal Services Market Regional Analysis

11. Personal Services Market Segmentation

12. Personal Services Market Segments

13. Personal Services Market Metrics

For more information about this report visit https://www.researchandmarkets.com/r/63oj53

Contact

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
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Developer Provides Update on Florence Project, Potentially Offering Massive Economic Impact to The Shoals

After a year in the works, downtown Florence could face a new economic boom thanks to The Mandolin, a thriving residential, retail, and office development project Bobo Family Group has proposed for the heart of the city.

When Covid-19 hit, we had to hit pause, step back, and take a look at how things might be changing. We immediately knew that retail and hospitality were going to get hit, we just didn’t know how long it would last. Thankfully, we’ve discovered that some retail sectors have become more resilient, with grocery being one of them.

“We’ve spent the last six months going back and forth with our architectural, engineering, and construction team to fine tune a project Shoal’s residents say they want. It’s involved a tremendous amount of time and thought. Now we know we can make this idea a reality if the City decides to make this type of development a priority.”

The $45.5 million development will offer modern residential units, high-class office spaces, convenient parking and jobs, totaling over $100 million in proposed ongoing economic impact for the city. Since the initial reveal, developers have been in talks with a national grocery chain to create a large, ground-floor grocery experience with space for additional offices and retailers.

The Mandolin’s primary purpose is to boost the local economy and offer resources that will aid in generating greater retention of recent University of North Alabama graduates, said CEO James Bobo.

The development is proposed to occupy the space between Tennessee Street, East Mobile Street, Walnut Street, and North Wood Avenue, across from Turbo Coffee and McDaniel Window and Door.

This much-needed resource for the Shoals area cannot happen without the public’s help, though. “In order to attract, develop, and retain the jobs we need for our future, we need the types of developments that will attract and retain talented people,” Bobo said. “We have to start thinking proactively as opposed to reactively.”

Before this dream can come true for the Shoals, The Mandolin needs your help. Members of the community are encouraged to sign the petition on change.org to make this development a Florence City Council priority.

Petition link: https://www.change.org/mandolinflorence

Project website: https://www.mandolinflorence.com/

About Bobo Family Group

Bobo Family Group is a multi-generational real estate investment company with experience spanning single-family development and brokerage to direct investments in multifamily, office, retail, and undeveloped land. Their mission is to develop a real estate investment platform that will generate superior, risk-adjusted returns through investments built around positive social, environmental, and economic change. They seek to promote open-mindedness and collaboration within the community and offer stakeholders opportunities to learn, grow, and prosper.

Learn more at: https://bobofamilygroup.com/.

News Source: Bobo Family Group


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High Return Real Estate Rolls Out Program to Help Property Investors Leverage Stimulus Bills

While the political situation has frozen many investors, a turnkey real estate investment firm has debuted an educational program to help clients maximize opportunities created by the pandemic.

According to High Return Real Estate, investors don’t need to be immobilized by the political climate. As the only direct real estate investment company to pair their services with an investment education program, they are helping clients take advantage of opportunities from entrenched tax laws as well as stimulus bills driven by the pandemic.

High Return Real Estate connects clients with high-yield rental property investments while shouldering the pains and hassles of acquisition and management so that investors can enjoy powerful streams of hassle-free income. But with the realization that many of their investors were leaving too much money on the table, High Return became the only firm in the direct real estate investment space to offer a comprehensive educational initiative to help clients leverage lazy assets and borrowing power.

The result is that while much of the investment world is waiting until the political situation evens out, High Return clients are confidently tapping into investment opportunities that are shielded from political ups and downs. They are also harnessing lesser-known opportunities created by the pandemic.

“We have new laws that were created due to COVID-19 as well as stimulus bills. There’s a lot of profit potential, but many investors don’t know how to get in on it,” said Jeff Schechter, Founder and CEO of High Return Real Estate.

Through High Return’s CashFlow+ program, investors interface one-on-one with tax strategists, cash flow experts and debt specialists to learn about missed income opportunities and develop long-term strategies for creating systematic wealth. Clients can access the $3,000 program for free (subsidized by a credit on their next High Return purchase).

“The program is working extraordinarily well for our clients,” said Schechter. “They are coming out with a roadmap to set them up for a comfortable retirement, and they are maximizing investment opportunities that they never even considered before.”

Schechter and High Return Real Estate Co-Founder, Jack Gibson, show by example how to invest in real estate, having acquired over 100 properties that are producing some of the most impressive returns in rental investing. They have developed foolproof systems that address every pain point of property investment. These systems handle acquisition, rehab and property management so that investors can enjoy a windfall of income without headaches or hassles.

High Return Real Estate has been featured in Forbes and on NBC News for their innovative strategies. To learn more about their investment opportunities or their CashFlow+ education program for maximizing investment potential, call (317) 588-2929 or visit www.highreturnrealestate.com.

About High Return Real Estate

High Return Real Estate provides a straightforward way to accelerate real wealth with real property. Known for their strategic turnkey real estate investing, the company aims to produce some of the highest returns in the real estate investing arena.

Disclaimer: The news site hosting this press release is not associated with High Return Real Estate. It is merely publishing a press release announcement submitted by a company, without any stated or implied endorsement of the company, information, investment, person, product or service. Please consult with a Certified Financial Planner before making an investment.


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