OK, this is not my usual earnest, well-reasoned post. Just so you’re forewarned: Here’s a bit of summer fluff. And this may be in bad taste, or even sexist. Sex appeal isn’t an aspect of investor relations I ever considered, well, an aspect of investor relations. I’ve always thought of IR professionals as a cross [...]
Institutional investors are relying a bit more for equity research on mid-sized firms, regional brokers and industry-sector specialists as the bulge-bracket investment banks continue to reel from the effects of the financial crisis, Greenwich Associates reports in its 2010 U.S. Equity Analysts Study. Investor relations people reaching out to analysts might consider the changing sell side [...]
Among old Wall Street sayings, “Sell in May and go away” holds special attraction. A strategy for a worry-free summer, a way to reduce risk amid seasonal doldrums, a vacation from busyness. Ahhhhhh … For investor relations, alas, “go away” doesn’t completely apply. There is, of course, second-quarter reporting. A few meetings. Always the potential [...]
Eric Schmidt, chairman and CEO of Google, tells a good story in the May 2010 issue of Harvard Business Review – taking us behind the curtain of the initial public offering for the cyber-giant that is everywhere in our lives. Investor relations practitioners will enjoy this tale (“How I Did It: Google’s CEO on the Enduring [...]
February 4, 2010 – 8:30 am
Wow! Expectations that U.S. stocks will drop at least 10% has risen to the highest levels since April 1984.
In a recent survey of investment newsletters by Investors Intelligence, Bloomberg reports that:
The following are results from Investors Intelligence’s
analysis of investment newsletters for Jan. 27 through
yesterday. The company determines the proportion of writers who
are bullish and bearish [...]
February 4, 2010 – 6:35 am
I’ve written about previously (here and here) about Bloomberg’s expansion and eventual dominance of financial media from news to data and consumer. The WSJ reports today that indeed, Bloomberg is forecasting a respectable 10% growth rate for 2010 and plans to add an additional 1300 employees.
The revenue gains would come largely from a projected increase [...]
January 19, 2010 – 6:30 am
John Dorfman, investor and Bloomberg columnist, has been following the 4 most popular and hated stocks among Wall Street analysts for the past 11 years.
According to Dorfman’s research:
For 11 of the past 12 years, I have studied the performance of analysts’ four favorite stocks, and the fate of the four they most scorned…Their favorites, on [...]
January 5, 2010 – 8:03 am
2009 was a great year for firesales of independent research firms (Integrity Research)
We have probably witnessed the last glamorous buildings being built for the rest of our lives with the opening of the Burj Khalifa in Dubai (Can Turtles Fly?)
JP Morgan forecasts a 10.5% rebound in US display advertising in 2010 (TechCrunch)
It’s a bull market [...]
December 3, 2009 – 4:13 pm
Equity analysts have been shipping out from sell side firms on Wall Street and establishing their own independent analysis shops – in droves - according to “Research Renegades” in the November 2009 Bloomberg Markets magazine.
The ongoing transformation of the sell side – through the financial crisis, the bear market and assorted tribulations still taking shape in Washington [...]
November 12, 2009 – 2:37 pm
There seems to be an epidemic of insider trading cases these days. First we started with the Galleon indictment alleging that Galleon profited from receipt of material nonpublic information from a variety of sources, including an investor relations …
