February 19, 2009
Dow Jones Newswires
Interactive Data 4Q EPS 42c
Interactive Data Corp.'s (IDC) fourth-quarter net income grew 26% on sales gains bolstered by acquisitions, as the company projected strong 2009 growth.
Global spending by the securities industry on data, largely through leasing desktop terminals, is forecast to shrink by about 3% according to a report published this week by data specialist Burton-Taylor International Consulting LLC.
Global spending by the securities industry on
data, largely through leasing desktop terminals,
is forecast to shrink by about 3% according to a
report published this week by data specialist
Thomson Reuters Corp.
which have a large portion of the market share
in the U.S. and Europe, are expected to bear the
brunt of the cuts. But Burton-Taylor said
smaller providers that are less expensive, such
as Interactive Data and
FactSet Research Systems
Inc. (FDS), could benefit
at the expense of their larger rivals.
Interactive Data, a provider of real-time market
data to traders and investors, reported net
income of $40.1 million, or 42 cents a share, up
from $31.8 million, or 33 cents a share, a year
Revenue increased 6.6% to $194.1 million.
Excluding the effects of the stronger dollar and
acquisitions, revenue rose 13% on demand gains.
Revenue for interactive data pricing and
reference data, which provides global security
pricing and evaluations to support financial
institutions, grew 9% amid an acquisition.
ESignal, which provides real-time financial
market data services, posted a 0.1% increase as
higher fees were offset by a decline in the
number of direct subscription terminals.
North American revenue rose 8.2%, primarily due
to growth in the company's pricing and reference
data business. Europe reported a 2% increase
while the Asia-Pacific region jumped 13%.
Looking ahead, the company said progress in 2009
may be offset by currency impacts, but
Interactive data still expects another year of
"solid organic revenue and profit growth."
In December, the company boosted its quarterly
dividend payment 33% at a time when numerous
companies have been cutting dividends to save
Shares were up 5.02% to $23.83 in early trading Thursday. The stock is down 20% the past year, a smaller decline than the market average.
by John Kell and Katherine E. Wegert
Latest Burton-Taylor News
May 23, 2013
Bloomberg's 'Spygate' Marks Murdoch's Latest Salvo
It's been 13 days since The New York Post's
Mark DeCambre broke the news that Bloomberg reporters allegedly used
proprietary information from the company's terminals to write about
investment bankers, including those at Goldman Sachs.
In a media feeding frenzy fueled in part by Schadenfreude, the Post has beat a steady drum. The U.S. tabloid of Rupert Murdoch's sprawling News Corp., the Post can't seem to get enough of a story that places rival Bloomberg uncomfortably in the spotlight. Full Story
This story, as well as all Burton-Taylor news may be accessed through the Press Room link below.
Latest Burton-Taylor Research
April 10, 2013
Public Relations Information & Software Global
Share & Segment Sizing 2013
Burton-Taylor delivers a comprehensive, 88 page analysis of public relations information & software supplier share, demand segmentation, vendor demographics and survey results of key user expectations. The analysis is sufficiently detailed as to allow public relations information & software providers or industry analysts to clearly understand competitive positioning currently, historically, globally, regionally and within individual demand segments and to enable public relations information & software users to make better informed, more confident and more appropriate purchase decisions which could result in greater profitability.
This report, as well as all Burton-Taylor free or for purchase research, may be requested through the All Research link below.