Paul DiGiacomo is a senior analyst at Columbia Management Investment Advisers, LLC. Mr. DiGiacomo joined the firm in 2006 and has been a member of the investment community since 2001.
Prior to joining the firm, Mr. DiGiacomo served as an analyst for Putnam Investments. Previously, he worked for Good Humor-Bryers Ice Cream as a manufacturing supervisor and as a captain in the U.S. Army Corps of Engineers.
Mr. DiGiacomo earned a B.S. from Brown University and an M.B.A. from the Tuck School of Business at Dartmouth. He holds the Chartered Financial Analyst designation. In addition, he is a licensed Professional Engineer.
Broad measures of cost inflation (PPI and CPI) growth rates have remained near 2% for the past three years. Sharp increases have occurred in isolated areas like trucking, but the effect is far-reaching. Investors must be on the lookout for accelerating expense growth within a company or industry cost structure, as high inflation can lead
Analysts assimilate data from many sources to evaluate a company’s underlying earnings potential. Over the last 20 years, company managements have adjusted generally accepted accounting principles (GAAP) results to aid analysis. As pro forma earnings proliferate, analysts must carefully evaluate treatment of reported results. As the fourth quarter comes to a close, analysts are adjusting
With the rise of e-commerce, the revenue mix for parcel delivery is shifting from businesses to the consumer. Growth in residential packages helps UPS and FedEx volume but challenges profitability. If Amazon succeeds in disintermediating UPS and FedEx, other large shippers will follow. Recently, Amazon announced that it will partner with the United States Postal
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