Thu, Jun 21, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Estimize announces data licensing agreement with Bloomberg

Thursday, April 18, 2013

Bailey McCann, Opalesque New York: Estimize, the buy side and independent analyst earnings estimates platform, today announced a licensing agreement with Bloomberg to feature Estimize’s earnings data on more than 900 publicly traded stocks via the Bloomberg Professional service’s news and research feeds. Opalesque recently interviewed Estimize CEO, Leigh Drogen about the company which seeks to open up earnings estimates and provide analysis not driven by sell-side incentives.

Estimize claims that its estimates are 67% more accurate than their sell-side cohorts. The company said in a statement today that the agreement with Bloomberg further validates this claim. The accuracy is driven by the diverse range of analysts contributing on Estimize, comprised of hedge fund, institutional buy-side, independent research and individual investors. Drogen, himself, was a former hedge fund quantitative analyst, and wants to improve upon the inherently conflicted estimates produced by the sell-side.

"The Bloomberg community consists of more than 300,000 financial professionals and we’re thrilled to be a part of that community as a data provider. In addition to validating the philosophy behind our process and accuracy of our earnings data, we believe the licensing agreement with Bloomberg will help drive an amazing set of new contributors to our platform, furth......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Paper: The performance of stocks actively pitched by hedge funds[more]

    Using a novel dataset drawn from investment conferences from 2008 to 2013, I show that hedge funds take advantage of the publicity of these conferences to strategically release their book information to drive market demand. Specifically, hedge funds sell pitched stocks after the conferences to ta

  2. North America - US fundraising for special purpose acquisition vehicles hits record this year[more]

    From AFR.com: Special purpose acquisition vehicles (spacs) are hitting the US market at the fastest rate on record, attracting the likes of Goldman Sachs and hedge fund investor Daniel Loeb for the two largest such deals in 2018. Spacs have raised $US4.5bn so far in 2018, the largest amount fo

  3. Investing - Man Group and AQR try to take aim at private equity industry, Hedge funds poised to be winners in AT&T-Time Warner deal[more]

    Man Group and AQR try to take aim at private equity industry From FT.com: The popularity of private equity investments has prompted asset managers such as Man Group and AQR to devise strategies that aim to replicate PE returns but at a much lower cost to investors. Both companies a

  4. News Briefs: David Stemerman's hedge fund holdings shrank before his run for governor, nvestment manager TSW triggers succession plan, Alan Howard joins Peter Thiel investing in Cologne-based fintech startup[more]

    David Stemerman's hedge fund holdings shrank before his run for governor But the U.S. holdings of Stemerman's Greenwich hedge fund, Conatus Capital, shrank from $2.6 billion at the apex to just over $1 billion before he announced his move into politics. (Hartford Courant) Inv

  5. British Empire: Pershing's 23% discount 'unsustainable'[more]

    From Citywire: The wide discount on Pershing Square Holdings (PSH) is 'unsustainable' and puts star hedge fund manager Bill Ackman under pressure, says British Empire (BTEM). Pershing is the third largest holding in the £850 million British Empire trust, managed by Joe Bauernfreund, which sp