Thomson Financial, an operating unit of the Thomson Corporation and leading provider of information and technology solutions to the global financial community, and The Wall Street Journal have teamed for the eighth consecutive year for the Best on the Street Analysts Survey published in today’s Journal.
According to the survey, Merrill Lynch & Co. regained the top after falling from the No. 1 spot in the survey last year. The No. 2 position was taken by smaller research group Sidoti & Co., showing that while big Wall Street firms continue to perform well, other research outfits are gaining ground.
The Wall Street Journal Best on the Street Analysts Survey is a unique guide to the best analysts and best research houses. Analysts are ranked based on an objective, quantitative evaluation of their performance, rather than the subjective results of a poll. The annual independent survey ranks equity securities analysts based on a skill of crucial importance to investors: the ability to accurately recommend stocks that will generate positive returns.
The 2007 Best on the Street Analysts Survey was calculated using Thomson ONE’s all-inclusive database of analyst recommendations. The complete 2007 Survey results, including articles about the winning analysts were published in today’s edition of the Journal and on The Wall Street Journal Online at WSJ.com (http://www.wsj.com/).
This year, more than 4,000 analysts from more than 280 firms were considered for the survey. The 223 award winners in 45 industry groups were drawn from among 1,705 analysts who met the survey requirements and qualified to have their research analyzed in detail.
“We are pleased to partner once again with The Wall Street Journal to provide investors with the industry’s most comprehensive independent ranking of the best analysts on the Street,” said Suresh Kavan, president, Corporate Services, Investment Banking, Investment Management, Thomson Financial. “Thomson Financial is committed to providing customers with the knowledge and tools needed to help them improve their performance and enhance their competitive advantage in the marketplace. This survey is a great example of how we leverage our substantial asset base to provide not just proprietary content, but analytic expertise and market insight.”
Thomson Financial delivers a broad portfolio of industry names in content, analytics and transaction services via Thomson ONE, a flexible open application framework configured to the individual needs of analysts, institutional investors or retail wealth managers. Thomson ONE easily integrates with a firm’s preferred infrastructure and across virtually all applications, operating systems and interfaces.
About The Wall Street Journal
The Wall Street Journal, the flagship publication of Dow Jones & Company (NYSE: DJ; http://www.dowjones.com/), is the world’s leading business publication. Founded in 1889, The Wall Street Journal has a print and online circulation of nearly 2.1 million, reaching the nation’s top business and political leaders, as well as investors across the country. Holding 33 Pulitzer Prizes for outstanding journalism, The Wall Street Journal provides readers with trusted information and knowledge to make better decisions. The Wall Street Journal print franchise has more than 600 journalists world-wide, part of the Dow Jones network of nearly 1,800 business and financial news staff. Other publications that are part of The Wall Street Journal franchise, with total circulation of 2.6 million, include The Wall Street Journal Asia, The Wall Street Journal Europe and The Wall Street Journal Online at WSJ.com, the largest paid subscription news site on the Web. In 2007, the Journal was ranked No. 1 in BtoB’s Media Power 50 for the eighth consecutive year.
About Thomson Financial
Thomson Financial, with 2006 revenues of US$2 billion, is a provider of information and technology 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 (http://www.thomson.com/), a global leader in providing essential electronic workflow solutions to business and professional customers. With operational headquarters in Stamford, Conn., Thomson provides value-added information, software tools and applications to professionals in the fields of law, tax, accounting, financial services, scientific research and healthcare.
The Corporation’s common shares are listed on the New York and Toronto stock exchanges (NYSE: TOC; TSX: TOC).
Website: http://www.thomsonfinancial.com/
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