Business Wire Announces New Circuit for Investment Opinion News.NEW YORK--(BUSINESS WIRE)--Oct. 21, 1998--Business Wire has created the Investment Opinion Circuit to provide a clearly defined forum for stock-related opinion pieces, buy-sell recommendations, research reports and related news, it was announced Wednesday by Cathy Baron Tamraz, executive vice president of the company. All investment opinion news releases will be transmitted at 5 a.m. Eastern each business day. The intent is to clearly differentiate these news releases from Business Wire's daily file of corporate news announcements. The new circuit is in response to the recent proliferation proliferation /pro·lif·er·a·tion/ (pro-lif?er-a´shun) the reproduction or multiplication of similar forms, especially of cells.prolif´erativeprolif´erous pro·lif·er·a·tion n. of stock recommendations from a wide range of sources. All copy will be identified as investment opinion and will be subject to Business Wire's usual editorial standards. As with all Business Wire copy, the company reserves the right to refuse copy deemed inappropriate. "By creating a separate file for market commentary items, our goal is to make it abundantly clear to editors and others that these are not news releases from corporations, but, rather, opinion pieces written about these companies," said Tamraz. "In addition to disseminating information to the media and investment community, the Internet has made our wire more accessible to individual investors. As such, we saw a need to differentiate these opinion pieces from the news announcements that are issued directly by a company's authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: representatives." The Investment Opinion Circuit will reach more than 300,000 terminals in the worldwide investment community, the disclosure media, and more than 400 online services and databases. Cost is $350/400 words; $90 each additional 100 words. Founded in 1961 by its president, Lorry I. Lokey, veteran journalist and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most executive, Business Wire is a leading source of news on major U.S. corporations, including Fortune 1000 and NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on companies. The company electronically disseminates full-text news releases for public and investor relations Investor relations The process by which the corporation communicates with its investors. professionals simultaneously to the news media, the Internet, on-line services and databases, and the investment community worldwide. Business Wire is on the cutting edge of communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry and businesswire.com, recognized as the premier newswire Internet site, is a pioneer in shaping the future of the interactive use of the Internet. The company has 24 offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and reciprocal offices in London, Paris, Tokyo, Canada and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . |
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