BulldogResearch.com Announces Partnership with Primark's I/B/E/S; Revolutionary Financial Research Tool Enlists I/B/E/S as its Premier Data Provider.Business Editors NEW YORK--(BUSINESS WIRE)--May 18, 2000 I/B/E/S Invests in BulldogResearch.com Creating the industry standard for evaluating Wall Street analyst performance, BulldogResearch.com (http://www.bulldogresearch.com), has formed a partnership with I/B/E/S, an international leader in providing quality institutional analyst estimate data. I/B/E/S is a subsidiary of Primark Corporation (NYSE/PCX:PMK PMK Pairwise Master Key (wireless protocol security mechanism) PMK Pattali Makkal Katchi (political party in India) PMK Postmark PMK Popular Mechanics for Kids PMK Person Most Knowledgeable ). BulldogResearch.com is the first-ever investment tool that evaluates top Wall Street analysts on a stock-by-stock and industry-by-industry basis by comparing their daily forecasts with actual stock and company performance. The site is the ultimate research tool, enabling investors to quickly identify the top stock pickers and the most accurate earnings estimators. Forming a multi-tiered relationship, I/B/E/S has made a strategic investment in BulldogResearch.com and has named them as their premier partner for evaluating the performance of research analysts. In addition, I/B/E/S plans to bundle an institutional version of the BulldogResearch.com product into its own flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Active Express. Joseph V. Riccobono, president of the Primark Financial Analytics Division, is a member of the BulldogResearch.com board of directors. "Our relationship goes beyond the provision of data and strategic investment," said Suresh Kavan, president of I/B/E/S. "We have spent the last year working very closely with BulldogResearch.com setting up processes to ensure data integrity and accuracy of awards." "We are excited to be an investor in BulldogResearch.com. This relationship is indicative of Primark's new direction and is an excellent fit into our overall Internet strategy," said Joseph E. Kasputys, Primark's Chairman and chief executive officer. Under the partnership, I/B/E/S will be BulldogResearch.com's premier data provider, feeding daily updated forecasts directly into the financial research Web site's database. BulldogResearch.com's proprietary software and algorithms, developed under the guidance of a team of leading academics, processes the I/B/E/S data, comparing forecasts with actual results to enumerate To count or list one by one. For example, an enumerated data type defines a list of all possible values for a variable, and no other value can then be placed into it. See device enumeration and ENUM. the top award-winning analysts on every stock, in every industry, every day. "I/B/E/S has been recognized throughout the industry as an international leader in research analyst estimate data," said BulldogResearch.com co-president Brent Johnstone. "We plan to leverage the worldwide reach of I/B/E/S to accelerate the growth of BulldogResearch.com into overseas markets," added BulldogResearch.com co-president Michael Thompson Michael Thompson may refer to:
About Primark Primark Corporation (www.primark.com), headquartered in Waltham, Mass., is a $500 million global information services See Information Systems. company that collects, integrates and delivers financial, economic and market research information. Through its premier brands such as I/B/E/S, A-T A-T Ataxia Telangiectasia (form of muscular weakness) Financial Information, Baseline, Disclosure, Datastream, Global Access, GlobalTOPIC, MarketEye, WEFA WEFA Wharton Econometric Forecasting Associates WEFA Weir Farm National Historic Site (US National Park Service) WEFA Water Earth Fire Air WEFA Women Economic Empowerment Association , Worldscope and Vestek, Primark is at the forefront of the international investment information business. Primark serves financial, corporate and government decision-makers in 61 countries through 86 offices in 24 countries. Over 1,000 of Primark's 3,000 employees are engaged in the collection of financial and economic data. About I/B/E/S International, Inc. I/B/E/S International, Inc. is a global financial information services and technology company, best known as the quality source of analysts' estimates and research for institutional investors. The I/B/E/S earnings databases cover 18,000 companies in 60 countries, with forecasts from 850 firms around the globe. On the research side, I/B/E/S currently has 1.3 million research reports from over 375 firms. About BulldogResearch.com BulldogResearch.com provides the first-ever investment tool that awards top Wall Street analysts on a stock-by-stock basis by comparing their daily forecasts with actual stock and company performance. This unique tool connects investors of all experience levels to high quality research while filtering through the overwhelming amount of research available on and offline. BulldogResearch.com tracks the performance of more than 3000 research analysts from over 350 research firms and awards them based on stock picking ability and earnings estimate accuracy. A team of leading academics in the field of earnings estimates accuracy has helped create the proprietary algorithms that power the site. The BulldogResearch.com Board of Directors includes: Don Phillips, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Morningstar; Joe Riccobono, CEO, Primark Financial Analytics Division; Andre Perold, Finance Chair, Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. ; and Robert Roeper, Managing Partner, Venture Investment Management Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (VIMAC VIMAC Venture Investment Management Company LLC (Boston, MA) VIMAC Visually Impaired Media Access Consultants ). A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. founded in February 1999, BulldogResearch.com operates independently of any and all research houses. Investors include VIMAC, Bain Capital Bain Capital LLC is a Boston, Massachusetts-based private equity firm founded in 1984 by Mitt Romney, the former Governor of Massachusetts, and two other partners from the consulting firm Bain & Company: T. Coleman Andrews III and Eric Kriss. Partners, and I/B/E/S International (a subsidiary of Primark: NYSE/PCX:PMK). For more information on BulldogResearch.com, please call John Roderick, Rosen Interactive, 212/255-8455, john@rosengrouppr.com; or for more information about I/B/E/S, please call Janice Addams, 212/437-8335, jaddams@ibes.com. |
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