Dow Jones Newswires Announces Agreement to Supply News to New GovPX Service; Dow Jones Newswires Will Provide Custom News Package for AgencyPX.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 6, 2000 Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July announced today an agreement with GovPX, Inc., to provide selected news to AgencyPX, a new financial information product. AgencyPX, produced in conjunction with Garban-Intercapital, will offer pricing data and news for the U.S. government agency market and will be available over the Internet via www.govpx.com. Dow Jones Newswires will provide a selection of news and information tailored to the AgencyPX target audience of U.S. agency market professionals on the buy-side and sell-side. The news, from Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Newswires' Capital Markets Report, will cover the following areas: U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. prices and commentary, U.S. agency news and commentary, the Federal Reserve and U.S. 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. and calendars. "Our agreement with GovPX reaffirms our commitment to providing important financial news tailored to the needs of traders and investors in specific markets," said Paul Ingrassia Paul Ingrassia is president of Dow Jones Newswires, a unit of Dow Jones & Company. Ingrassia was awarded the 1993 Pulitzer Prize for Beat Reporting along with Joseph B. , President, Dow Jones Newswires. "Stories and features from Dow Jones Newswires will offer AgencyPX users the most timely and complete U.S. Treasury and agency information that's available." "News and information from Dow Jones Newswires is a great supplement to our site," said Lawrence Leuzzi, Chairman and Chief Executive of GovPX. "AgencyPX was created to respond to the growing, worldwide interest in the fixed income securities of leading U.S. government agencies and our subscribers will certainly benefit from the in-depth information and breaking news Dow Jones Newswires will provide to us." AgencyPX will provide information on all the major aspects of U.S. agency markets. The news from Dow Jones Newswires will appear on a special page. The AgencyPX service will also provide agency benchmarks from Federal National Mortgage Association, Federal Home Loan Mortgage Company and other agencies, a spread matrix, today's and the previous day's new issues, and the day's called issues and redemptions. About Dow Jones Dow Jones Newswires provides real-time news for financial professionals across five asset classes: equities, fixed-income, foreign exchange, commodities and energy. The division also offers news for financial firms' Web sites. In addition to Dow Jones Newswires, Dow Jones & Company (NYSE NYSE See: New York Stock Exchange :DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's and SmartMoney magazines and other periodicals, Dow Jones Indexes, and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Excite@Home of Work.com, and with NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. of the CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S. About GovPX GovPX Inc. was founded in 1990 by all the primary dealers and three inter-dealer brokers serving the U.S. Treasury market. GovPX provides 24-hour, worldwide distribution of treasury information as transacted by the primary dealers through the inter-dealer brokers for all U.S. Treasury Securities U.S. Treasury securities Interest-bearing obligations if the U.S. government issued by the U.S. Department of the Treasury as a means of borrowing money to meet government expenditures not covered by tax revenues. , Repurchase Agreements and Swaps. The GovPX network disseminates real-time data in fixed format pages or by digital information feed. The digital format supports proprietary analytics and user-customized screens. With more than 50,000 global users, GovPX has a worldwide distribution network that includes Bloomberg, Reuters, Bridge, Bridge Telerate, Moneyline, CGQ CGQ Corporate Governance Quotient , Fidelity and more. Learn more about GovPX through our website - www.govpx.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion