NYSE Taps Thomson Financial Investor Relations to Provide Financial Information to Listed Companies
PR Newswire NEW YORK, Jul 6, 2000 /PRNewswire via COMTEX/ -- The New York Stock Exchange (NYSE) has chosen Thomson Financial Investor Relations (TFIR) to provide share ownership and institutional information to its listed companies through a new, web-based service, NYSE Institutional Insight(SM), it was announced today. Through NYSE Institutional Insight(SM), listed companies can access global shareholding data and institutional profiles, enabling them to better manage the expectations of the global financial community.
"Our goal at the New York Stock Exchange is to develop and provide value-added services for our listed companies. NYSE Institutional Insight(SM) represents a significant addition to our growing portfolio of Internet services," said Catherine R. Kinney, NYSE group executive vice president.
"The NYSE recognizes investor relations officers need the most up-to-date shareholder data and targeting tools if they are to be effective in today's changing and challenging market environment," said TFIR President Howard D. Sherman. "We're honored the NYSE would choose TFIR as its partner in this investor relations endeavor."
NYSE Institutional Insight(SM) will enable NYSE-listed companies to:
-- Learn which institutions own a company's stock and, where applicable, the portfolio manager's name, telephone, fax number and e-mail address
-- Access shareholder information for up to 30 peer companies, the foundation for any successful peer-targeting program
-- Obtain institutional firm profiles detailing investment philosophies from more than 6,000 money management firms around the world. Each profile contains a text description of the institution along with quantitative analysis
The New York Stock Exchange is the world's largest equities market, listing more than 3,000 companies with a total global market capitalization of $16.8 trillion. NYSE-listed companies range from "blue-chip," to many of the world's leading technology companies, to young, high-growth enterprises. Among the advantages the NYSE offers these companies are access to the world's largest pool of capital and outstanding liquidity and transparency; the opportunity to significantly expand and diversify a company's shareholder base; and greater global visibility. The NYSE, a leader in innovative trading capabilities and systems, employs the most advanced communications and computing technologies to deliver fast, efficient, reliable and cost effective trade executions. Further information on the NYSE can be obtained at http://www.nyse.com.
Headquartered on Wall Street in New York City, Thomson Financial Investor Relations (TFIR) is the leading provider of customized solutions and strategic investor relations advisory services to more than 3,500 companies in 45 countries. TFIR delivers a full suite of data, workplace tools and consulting services, including global shareholder IDs and institutional profiles, plus targeting, strategic consulting, cross-border communication, market surveillance and market intelligence services, to companies in all industries. IR Universe, a powerful web-based application, combines the functionality of Anamate, TFIR's proprietary database and contact management system, with First Call, the industry's gold standard for broker research, notes and earnings estimates. In addition to New York, the firm maintains offices in Boston, Chicago, San Francisco, London, Paris, Frankfurt, Amsterdam, Tokyo, Hong Kong, Singapore, Sydney, Mexico City, Buenos Aires and Sao Paolo. TFIR's strategic partners include The Barnes Organization (Toronto), NetCurrents Inc. (California), Nikko IR (Tokyo) and Technicom (Brazil), operating as Thomson Financial Investor Relations Brazil. For more information on TFIR, visit http://www.thomsonir.com.
Thomson Financial is a US$1.44 billion provider of e-information services and integrated work solutions to the worldwide financial community. Through the widest range of products and services in the industry, Thomson Financial helps clients in more than 70 countries make better decisions, be more productive and achieve superior results. Thomson Financial is part of The Thomson Corporation, a leading e-information and solutions business with annual revenues of more than US$5.8 billion. The Corporation's common shares are listed on the Toronto and London stock exchanges. For more information on Thomson Financial, visit http://www.thomsonfinancial.com.
SOURCE The New York Stock Exchange
CONTACT: Raymond Pellecchia, Managing Director of The New York Stock Exchange, 212-656-2001; or Edwin Curtin, Executive Vice President of Thomson Financial Investor Relations, 212-701-1922, for NYSE
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