Data Broadcasting Changes Fiscal Year and Corporate Headquarters.Business Editors BEDFORD, Mass.--(BUSINESS WIRE)--March 14, 2000 Data Broadcasting Corp. (Nasdaq:DBCC DBCC Daytona Beach Community College (Florida) DBCC District Business Conduct Committee (NASD) DBCC Desert Breeze Community Church (Glendale, AZ, USA) ) today filed notification with the Securities and Exchange Commission of a change in its fiscal year-end Fiscal Year-End The completion of a one-year, or 12-month, accounting period. Notes: The reason that a company's fiscal year often differs from the calendar year and does not close on Dec 31, is due to the nature of company's needs. to Dec. 31 from June 30. The company also announced the relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. of its corporate headquarters to Bedford from Jackson Jackson. 1 City (1990 pop. 37,446), seat of Jackson co., S Mich., on the Grand River; inc. 1857. It is an industrial and commercial center in a farm region. , Wyo. "These measures derive from our just-completed merger between Financial Times Asset Management/Interactive Data and Data Broadcasting," said Stuart Clark Stuart Rupert Clark (born 28 September 1975, Sutherland, New South Wales) is an Australian Test cricketer who plays for the New South Wales Blues and Hampshire. He bowls right-arm fast medium deliveries. , president and chief executive officer. "The change in the fiscal year will facilitate combining our financial reporting systems, while the move of the corporate headquarters is consistent with the geographic concentration of our executive leadership team." Financial Times Asset Management/Interactive Data, which had been a unit of the Financial Times Group of Pearson plc, the international media company, is a leading source of comprehensive disclosure data, factor information and independent valuations for a comprehensive range of U.S. securities and offers full descriptive information on more than 1 million U.S. municipal bonds. It also collects and distributes corporate action information on equities and bonds from all over the world, specializing in "hard-to- get" information from emerging markets. Data Broadcasting is the leading provider of real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. market data to the individual trader and investor. The company delivers real-time stock quotes, financial information and news to the PCs, laptops and handheld devices of millions of users via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , dedicated lines, wireless FM, cable and satellite. With the BondEdge service from its Capital Management Sciences division, Data Broadcasting also is the leading provider of fixed- income portfolio analytics used for valuation and risk-management purposes. Data Broadcasting's Internet presence includes http://www.dbc.com, http://esignal.com, http://cbs.marketwatch.com, http://insite.dbc.com, http://bondedge.com, http://sports.dbc.com and http://www.dbceuro.com. |
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