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THOMSON PULSE

THOMSON PULSE

  HEALTHCARE * FINANCE * SCIENCE * LAW * TAX

  July '07
   
  A Monthly Resource from The Thomson Corporation  
Media Contacts
For more information, or to arrange an interview:

Fred Hawrysh  John Roderick
203.539.8314   631.656.9736

HEALTHCARE

   
Lifestyle and Obesity: Why We Aren’t What We Say We Eat

Despite the cold facts — 66.3 percent of American adults are overweight or obese — a new survey from Thomson Healthcare found that 82 percent of Americans characterized their eating habits as either “very healthy” or “somewhat healthy.”

To make sense of this disparity between the perception of good health and the reality of our expanding waistlines, Thomson Healthcare examined survey responses on the topics of lifestyle and eating habits. The analysis found the following:
  • 73.2 percent of obese survey respondents characterized their eating habits as “very healthy” or “somewhat healthy;” they were joined by 85.7 percent of overweight survey respondents and 61.6 percent of morbidly obese survey respondents.
  • Just 4.2 percent of all Americans and 13.5 percent of morbidly obese Americans characterized their eating habits as “not at all healthy."
 
Expert Available
David Schutt, M.D., associate medical director, Thomson Healthcare, is available to discuss the study’s findings.
 
Attribution:
Thomson Healthcare

FINANCIAL

   
Capital Spending Dips; Breaks 9 Quarter Double-Digit Growth Streak

Capital spending, the money corporations pay to upgrade their physical assets, such as buildings and machinery, has been on a double-digit growth streak across the S&P 500 for the last 9 consecutive quarters. Until now. Official with the first quarter of 2007, the double-digit growth has come to an end, growing at a rate of 7.3% year-over-year.

First Quarter 2007 % Change
Consumer Discretionary -18.2%
Consumer Staples 8.8%
Energy 1.3%
Financials 14.8%
Healthcare 10.6%
Industrials 31.7%
Information Technology 14.9%
Materials 2.0%
Telecommunications Services 18.5%
Utilities 23.2%
Total S&P 500 7.3%

 
Expert Available
Thomson Financial’s managing director of global research, Mike Thompson, is available to discuss the findings in greater detail.
 
Attribution:
Thomson Financial

SCIENCE

   
U.S. and China Gain on Japan in Global Innovation Metrics

“Innovate or die” has become a mantra for business leaders who know that today’s iPhone is destined to become tomorrow’s DynaTAC. But how much of the innovation talk is lip service, and how much is grounded in real patent activity and technological innovation?

In a series of two analytic research reports, Thomson Scientific has tracked global patent output and technology innovations from the G8 countries (Canada, France, Germany, Italy, Japan, Russia, the United Kingdom and the United States) plus China and South Korea between 1997 and 2006. According to the data, innovation has been much more than a buzz word in recent years, particularly in the U.S. and China, where patent activity has spiked dramatically. Following are some of the report’s key findings:
  • Global patent activity has grown by 72% over the past decade with a 34% increase in “unique inventions” or brand new inventions.
  • Since 1997, the U.S. and China have shown the most impressive growth with 145% and 470% increases respectively, encroaching on Japan’s still-leading position.
  • Inventions relating to semiconductors, telecommunications and computing experienced huge growth rates of 75%, 86% and 172% respectively since 1997.

 
Expert Available
Stephen Trotter, senior patent analyst for Thomson Scientific, is available to discuss these trends.
 
Attribution:
Thomson Scientific

TAX & ACCOUNTING

   
Staying One Step Ahead of the Tax Man… In this Life and Beyond

Thanks to some shrewd political wordsmithing, just about everyone in the country has heard of the “death tax,” which holds that the property of a deceased person can be taxed upon its transfer to beneficiaries. What many of us do not know is that there are a host of other estate-related taxes that can be avoided with some smart planning during life.

Thomson Tax & Accounting has dissected the tax code, pulling out some of the most important, yet little-known steps individuals can take to minimize the tax hit to their estates:

  • Income that was due to a person but wasn’t paid before his or her death will be taxed to the estate, but it is possible to eliminate the income tax bite by making a charitable donation in the deceased person’s name.
  • Health savings accounts, Archer medical savings accounts or Medicare advantage medical savings accounts are taxed unless a spouse is named as the beneficiary.
  • Deductions for unused net operating losses and capital losses expire if not used on the individual’s final tax return – they cannot be used on the estate’s income tax return.
 
 
Expert Available
Thomson Tax & Accounting senior tax analyst William Massey is available to discuss these findings, as well as respond to requests for research examining other aspects of the tax code.
 
Attribution:
Thomson Tax & Accounting
   

 

 
 

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