Archive for the 'News Feeds' Category
Mergent Announces Launch of New Equity Analytics Platform
Intrinsic Research Systems Inc. - The Next Generation in Equity Analytics NEW YORK, Sept. 28NEW YORK, Sept. 28 /PRNewswire/ — Mergent Inc., in partnership with financial industry veterans Jeff McMains, CFA and Chris Rowberry, CFA have formed Intrinsic Research Systems, Inc. to provide next generation equity analytics applications and databases to the institutional investment management community. The Intrinsic Research platform will make its debut at the CFA Institute’s Equity Research and Valuation Conference on December 3, 2009 in New York.(Logo: http://www.newscom.com/cgi-bin/prnh/20050615/CLTU036LOGO ) Intrinsic is a desktop research application that is designed to help investment management professionals improve their equity research, portfolio management, economic analysis, and investment strategy decision-making processes. Buy-side portfolio management and equity analysis workflow requirements are the building blocks for the design of the powerful yet easy-to-use Intrinsic Research platform which includes an add-in for Microsoft Excel®. The platform has been built from the ground up, utilizing the latest smart client technology to enhance the end-user experience and simplify IT deployment.Robust graphical valuation analysis capabilities form the cornerstone of the Intrinsic application suite. Intrinsic’s integrated central database of clean and deep company, industry, sector, economic and quantitative data has been specially constructed to highlight both short-term and long-term valuation and growth trends. In addition to fundamental analytics, Intrinsic offers integrated access to various equity analysis modules for quantitative, economic, and technical analysis as well as screening, scoring and report-writing capabilities.”We are excited to bring to market a dynamic application that covers all aspects of the equity selection process,” says Jeff McMains, CFA. “Our clients will embrace a platform that is continually evolving with new features and data, particularly as compared to many of the technically outdated research systems available today.”Jonathan Worrall, CEO of Intrinsic and Mergent adds, “The combined forces of Intrinsic and Mergent provides a bright new choice for portfolio managers and analysts that demand cutting edge equity analytics and highly detailed data. Together, we leverage over a century of data experience and the expertise to transform that data into precise, actionable information that empowers the buy-side community.”To learn more about Intrinsic Research, visit www.intrinsic-research.com. About Mergent - Founded in 1900 as the original publisher of Moody’s® securities manuals, Mergent operates one of the longest continuously collected databases of: descriptive and fundamental information on domestic and international companies; pricing and terms and conditions data on fixed income and equity securities; and corporate actions data. Mergent delivers this data to its clients via customized data feeds, desktop applications and printed publications. Learn more at www.mergent.com.SOURCE Mergent, Inc.
MGE Energy Increases Dividend for 34th Consecutive Year
August 21, 2009 02:06 PM Eastern Daylight Time 
MGE Energy Increases Dividend for 34th Consecutive Year
Company has paid cash dividends for more than 100 years
“MGE Energy is one of only 58
The company has increased its dividends annually for the past 34 years. MGE Energy is listed as a “Dividend Achiever” by Mergent, Inc., a financial information publisher for more than a century. Just 10% of all dividend-paying companies meet the Mergent test of increasing dividends annually for at least 10 years.
MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 137,000 customers in
IndustryWeek has partnered with Mergent Inc. to create the 2009 IW U.S. 500 ranking of the largest publicly held manufacturing companies in the United States New York City and Charlotte , N.C. U.S.
corporations.
- Manufacturing companies with a majority of their business in a manufacturing industry.
- Companies that generated less than 50% of revenues from manufacturing, but more revenue from manufacturing than the lowest-revenue-producing companies on this year’s list.
- Oil and gas companies that derive at least 50% of their revenues from the refining of oil and gas products.
- Companies that derive at least 50% of their revenues from the manufacture of mined materials.
Introducing the “After Hour” Price File
As part of Mergent’s dedication to provide the industry with the highest quality of investment data, we are pleased
to announce the addition of an enhanced service - “After Hour” Price File. This file will supplement Mergent’s
existing data feeds to maintain the quality of your market data before the start of each trading day.
Recent market volatility has resulted in an increasing number of suspicious trade reports in the industry. The “After
Hour” pricing data file prevents erroneous end-of-day price records from corrupting your database and ensures
the quality of your price data for the next trading day.
Key features
• Ideal for customers who have critical equity pricing needs and require the highest level of cleansed data
• Delivered as a supplemental pricing data file to maintain the quality of your price data
• After Hour price file includes corrections to outliers and erroneous End-Of- Day price records for issues listed on
major US exchanges ( NYSE, NASDAQ & AMEX)
• End of day data quality increased to over 99% accuracy, as reported by clients currently receiving the “After
Hour” price data file
File Details
• All price discrepancies between internal Mergent price vendors are flagged and updated
• Erroneous trade reports received from the different exchanges are verified
• Logical price errors and normalization issues are flagged and updated
• All outliers ( greater than 3 standard deviation from mean) are eliminated
• Identifies and flags all missing price records on major US exchanges
File Format
Standard HSD price update file
Mergent, Inc. Announces Launch of New Index Services Unit
For Immediate Release
Mergent, Inc. Announces Launch of New Index Services Unit
Fort Mill, SC, Monday, September 22, 2008-
Mergent, Inc., a leading global financial information provider, today announced the launch of a new investment index services business, Indxis. The new business will incorporate the existing Mergent Index Services unit and the London-based Kinetic Information Systems Services. Indxis offers the full complement of index services, including index creation, licensing, calculation, administration, dissemination and technology services. This unique one-stop shop model —dubbed ‘Index Engineering’ by the Indxis team — allows companies to have one provider who handles all aspects of their index business.
“Indxis is the product of the intense focus and passion of our index team.” says Jonathan Worrall, Mergent CEO. “We have an outstanding team of professionals who not only have the experience and knowledge to grow this business, they’re also passionate about bringing the concept of ‘Index Engineering’ to the market. We are truly excited to make our presence felt in the index market with Indxis.”
Indxis already has a strong client list, including bellwether financial companies such as BlackRock, PowerShares, Vanguard, Standard & Poor’s and FTSE. Indxis-licensed investment products have over $3 billion in assets, and are offered by major financial firms worldwide. Indxis technology is the chosen calculation platform of some of the world’s largest index providers.
More information about Indxis may be obtained at www.indxis.com.
NEW YORK, Sept. 3 /PRNewswire/ — Mergent, Inc., administrator for the HealthShares(TM) Indexes, a series of 20 underlying indexes for the HealthShares(TM) Exchange Traded Funds, today announced the following changes with effect from the opening of trade on Monday September 8, 2008: Nippon Kayaku Co., Ltd (Tokyo SE: 4272) will replace APP Pharmaceuticals (Nasdaq: APPX) in the HealthShares(TM) Cancer Index, Genmab AS (OMX Nordic Exchange Copenhagen: GEN) will replace APP Pharmaceuticals (Nasdaq: APPX) in the HealthShares(TM) Composite Index, Photocure ASA (Oslo, Norway: PHO) will replace APP Pharmaceuticals (Nasdaq: APPX) in the HealthShares(TM) Dermatology and Wound Care Index, Affymetrix Inc. (Nasdaq: AFFX) will replace APP Pharmaceuticals (Nasdaq: APPX) in the HealthShares(TM) Enabling Technologies, Cytos Biotechnology AG (SWX, Switzerland: CYTN) will replace APP Pharmaceuticals (Nasdaq: APPX) in the HealthShares(TM) Infectious Disease Index. APP Pharmaceuticals is being acquired by Fresnius SE (Frankfurt, Germany: FRE) through a cash tender offer.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080204/CLM073LOGO )
Companies included in the HealthShares(TM) Cancer Index are engaged in the research, clinical development and/or commercialization of therapeutic agents for the treatment of a wide variety of cancers.
The HealthShares(TM) Composite Index consists of the 80 largest companies, by market capitalization, that are engaged in healthcare, life sciences and/or biotechnology that are part of the 16 underlying HealthShares(TM) Indexes, selecting the top 5 companies in market capitalization from each of the Composite Eligible Indexes.
Companies included in the HealthShares(TM) Dermatology and Wound Care Index are engaged in the research, clinical development and/or commercialization of therapeutic agents for the treatment of a wide variety of skin disorders by topical or systemic means.
Companies included in the HealthShares(TM) Enabling Technologies Index provide technology products and/or services that enable and support the discovery, clinical development and manufacturing activities of pharmaceutical and biotechnology companies, including but not limited to genomics, proteomics, and high throughput screening.
Companies included in the HealthShares(TM) Infectious Disease Index are engaged in the research, clinical development and/or commercialization of therapeutic agents for the treatment of a wide variety of infectious diseases related to antibacterial, antifungal and antiviral indications, by means of small molecules, protein therapy and vaccines.
About Mergent
Mergent, Inc. is a leading provider of business and financial data on global publicly listed companies. Based in the U.S., the company maintains a strong global presence, with offices in New York, Charlotte, San Diego, London, Tokyo and Melbourne.
Founded in 1900, Mergent operates the longest continuously collected database of: descriptive and fundamental information on domestic and international companies; pricing and terms and conditions data on fixed income and equity securities; and corporate action data. In addition, Mergent develops and licenses equity and fixed income investment products based on its proprietary investment methodologies. Mergent-licensed products have approximately $3.5 billion in assets under management and are offered by major investment management firms. Mergent’s index calculation platform is the chosen technology for some of the world’s largest index companies. Its index calculation and pricing distribution protocols are used to administer index rules and distribute real-time pricing data.
For more information, please visit www.mergent.com and www.dividendachievers.com .
SOURCE Mergent, Inc.
Thomson Reuters Merge But What About the Asset Sales?
Thomson Reuters finally closed this week under the new symbol TRI. Wall Street was concerned and the stock price showed it. But they’ll be all right, I’m not worried. I am concerned though about the divestitures they were required to make by the SEC. What happened to selling “copies” of the Reuters Estimates and Worldscope databases?
I have been reading everything I can find this morning on the subject and the only mentions I found are from back in February when the agreement was made to sell the assets. Even then I felt that Tom Glocer had pulled off I’ll call it an incredible coup in only having to sell copies of these valuable assets. No customers, maybe a few employees, that’s what I was hearing. If so, he isn’t selling the business just setting up a potential competitor -what a beautiful deal for Glocer and Thomson Reuters.
Too good? Maybe.
Not selling till after the merger - PRICELESS!
Now that the deal is done, if the divestitures have not been made, what is to stop Mr. Glocer from selling to the weakest competitor? If I were him I would give it away free before I let FactSet or S&P have it. But they’re the ones that need it and they’re the ones that could pay real money for it you say? Right. In the mean time I will keep looking for the announcement – maybe I missed it.
- Mergent Global Company Fundamentals Database
- Historical Equity Pricing Database
- Executive Compensation Database
- Global Annual Reports Database
- Corporate Actions Database
- Mergent/Ford Equity Research and Recommendations
- Insider and Institutional Holdings
- Global Industry Reports
- Mergent Fixed Income Database
As has been widely expected, the new Thomson/Reuters will be required to sell off some assets to get apporoval for their merger. The below summary from CNN details the dispostiton of assets, namely Worldscope, Reuters Estimates, Reuters After Market Research and Ecowin. I found the most interesting nugget of the press release to be that Reuters Thomson will sell a “copy of” the four databases not the businesses themselves. How did they get that one approved? This is a story within a story and it is unfolding before us. Let’s see who winds up with these assets - Very much worth watching!