Press Release Summary:
Offering financial market intelligence, CompustatÂ® includes industry-specific data sets, which enable analysts to quantify information and analyze statistics in order to assess health and profitability of company, as well as identify trends specific to that industry. With fundamental and market data on 89,000 global securities, Compustat provides vital company, index, and industry information that supports financial models and proprietary company and industry analysis.
Original Press Release:
Standard & Poor's Compustat® Increases Industry-Specific Data Sets Available in Databases
Compustat provides data sets unique to a particular industry making it easier for analysts to compare data based on key industry indicators
NEW YORK, March 3 /-- Standard & Poor's Compustat(R), the leading provider in financial market intelligence, now offers 11 industry-specific data sets within its North America database offering, including data specific to the high-demand industries Gaming, Lodging, and Semiconductor Equipment. Industry-specific data provides key data points that enable analysts to quantify information and analyze statistics in order to assess the health and profitability of a company, as well as identify trends specific to that industry.
Compustat's deep-level industry-related data enables analysts to bridge the gap between company and industry because he/she can look at the company data relative to the industry. Compustat has researched each industry to determine those items that are widely meaningful within each industry. Many items found are beyond the balance sheet, cash flow statement and P/E ratio. Compustat's financial analysts collect the data from the financial statement notes and exhibits, and then standardize the data. This makes it not only relevant to the industry, but also makes it immediately comparable to other companies and industries.
According to Mitch Abeyta, managing director for Standard & Poor's Compustat, "Institutional investors are searching for new ways to beat their benchmarks. Compustat gives them advanced analysis capabilities across an industry by providing data pertaining to the unique dynamics affecting that industry. By collecting hard-to-find data and standardizing it, analysts have additional tools to streamline their evaluation of new investment opportunities."
Compustat is committed to providing tools with advanced analysis capabilities and to providing the resources that clients need to maximize their usage of Compustat products. These tools include white papers and training courses, which present why the data items are important to their industry, their significance to investors and how the data might be used for better modeling or screening of companies. For more information about Compustat's industry-specific data, please visit www.compustatresources.com or call 800.357.0769.
About Compustat Data
Standard & Poor's Compustat(R) data is used by institutional money managers and analysts around the world. With fundamental and market data on 89,000 global securities, Compustat provides vital company, index and industry information that supports financial models and proprietary company and industry analysis.
About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With approximately 10,000 employees, including wholly owned affiliates, located in 23 countries and markets, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com/.
CONTACT: Monique Helfer, Public Relations, Standard & Poor's Compustat,
Web Site: http://www.standardandpoors.com/