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Article: NASDAQ and Reuters Launch New Venture to Help Companies Obtain Independent Analyst Coverage.
- Article from:
- PR Newswire
- Article date:
- June 7, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Firms Cite Fact that Approximately 35% of U.S. Public Companies Lack Coverage
Media Conference Call Tuesday, June 7 at 10:00 a.m. EDT
NEW YORK, June 7 /PRNewswire-FirstCall/ -- The Nasdaq Stock Market, Inc. ("NASDAQ(R)") and Reuters (LONDON: RTR) , the global information company, today announced the formation of a new company to help public companies obtain independent analyst coverage.
The Independent Research Network (IRN) will aggregate multiple, independent research providers to procure and distribute equity research on behalf of under-covered companies to increase the market's understanding of a company's fundamental prospects. The ...