Bear Stearns Introduces BearXplorer(TM), Tools to Manage Risk and Optimize Portfolio Performance.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. today introduced BearXplorer[TM], four sophisticated, securities-based portfolio tools. BearXplorer[TM] is designed to help chief investment officers, portfolio managers, risk managers, traders and others manage risk and optimize stock portfolios. BearXplorer[TM] covers over 14,000 securities in 23 countries. The tools screen portfolios for exposure to over 60 stock market drivers, such as commodity prices, interest rates, exchange rates and economic indicators Economic indicators The key statistics of the economy that reveal the direction the economy is heading in; for example, the unemployment rate and the inflation rate. . "BearXplorer[TM] gives portfolio managers an instant snapshot of how their investments stack up against the latest market-moving news, like an unexpected drop in jobless claims Initial Jobless Claims is a report issued by the U.S. Department of Labor on a weekly basis. This report tracks how many people have filed for unemployment benefits in the previous week. It is a good gauge of the U.S. job market. or a sudden run-up in gold," said Kay Booth, president of BearXplorer[TM]. "BearXplorer[TM] is easy to use and can help investors adjust their portfolios ahead of big market events or as trends develop." The BearXplorer[TM] customizable tools include AlphaXplorer[TM], BetaXplorer[TM], DeltaXplorer[TM] and TrendsXplorer[TM]. AlphaXplorer[TM] uses a patented modeling engine to determine how a stock is likely to perform over the course of a year. Through use of a heat map, BetaXplorer[TM] offers a unique, one page view of a portfolio's exposure to a variety of macroeconomic mac·ro·ec·o·nom·ics n. (used with a sing. verb) The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. inputs. DeltaXplorer[TM] further compares a portfolio to custom-made benchmarks or those of major market indices. Finally, TrendsXplorer[TM] helps investors look for stocks based on their relationship to economic events, commodity prices, exchange rates or interest rate changes. The analysis spans trading history from five to 20 years. When falling crude prices made recent headlines, BearXplorer[TM] helped investors position their portfolios in the rapidly changing market environment. "Our technology gave users a quick view of just how much of their portfolio was exposed to this commodity," said John Williamson, general manager of BearXplorer[TM]. "With BearXplorer[TM], investors knew exactly which stocks had the strongest and weakest relationships to falling oil prices." BearXplorer[TM] uses models which were developed with the help of Bear Stearns chief investment strategist, FranE*ois Trahan. Mr. Trahan has been Institutional Investor's top-ranked strategist for two consecutive years. About BearXplorer BearXplorer, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of The Bear Stearns Companies Inc. (NYSE NYSE See: New York Stock Exchange : BSC (Binary Synchronous Communications) See bisync. ), delivers a patented suite of tools designed to help institutional investors analyze portfolios by market or time frame across 14,000 securities, 23 countries, and over 60 macroeconomic factors. BearXplorer's powerful and proprietary database provides instant snapshots on how macroeconomic drivers, such as interest rates, commodity prices or currency fluctuations, could impact portfolios or individual securities. For additional information about BearXplorer, please visit the firm's website at www.BearXplorer.com About Bear Stearns Founded in 1923, Bear, Stearns & Co. Inc. is a leading investment banking and securities trading and brokerage firm, and the major subsidiary of The Bear Stearns Companies Inc. (NYSE:BSC). With approximately $61.9 billion in total capital, Bear Stearns serves governments, corporations, institutions and individuals worldwide. The company's business includes corporate finance and mergers and acquisitions, institutional equities and fixed income sales and trading, securities research, private client services, derivatives, foreign exchange and metals, and futures sales and trading, asset management and custody services. Through Bear, Stearns Securities Corp., it offers financing, securities lending Securities Lending When a brokerage lends securities owned by its clients to short sellers. Notes: This allows brokers to create additional revenue (commissions) on the short sale transaction. , clearing and technology solutions to hedge funds, broker-dealers and investment advisors. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the company has approximately 13,000 employees worldwide. For additional information about Bear Stearns, please visit the firm's website at www.bearstearns.com. |
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