New York, April 11, 2005 â Revereâ¢ Data, LLC, a fast-growing provider of independent research data and investment analytics, today released the initial Supplier Risk Report for the first quarter of 2005, identifying upcoming earnings announcements from companies with suppliers who depend on them for at least 10% of total revenues.
The Supplier Risk Report is designed to generate ideas for secondary trading and investment opportunities.
"The power of these Reports is that they cover companies of all sizes in all industries," explained Brian Hill, Director of Research for Revere. "For a multi-sector giant like General Electric, for example, we identify 19 dependent suppliers. This is very useful, though not surprising given GEâs size and prominence. But we also flag much less obvious connections, like the fact that micro-cap Winland Electronics derives over 58% of its revenue manufacturing electronic controls for small-cap bedding company Select Comfort."
The Supplier Risk Report will be issued weekly during the peak season for quarterly earnings reports. Among the 15 companies highlighted for the week of April 11 are Abbott Laboratories, Genentech, General Electric, and Sun Microsystems.
"Response to the Supplier Risk Report when we introduced it last quarter was terrific," said Glen Wolyner, Chief Executive Officer of Revere. "Revereâs unique ability to pinpoint interesting opportunities from among the thousands of companies reporting earnings is clearly valuable for investors and traders."
Revereâs exclusive content on company classification and key business relationships is available both in datafeeds and in Revereâs own applications. Revereâs customers include sellside agency and proprietary traders, buyside traders, hedge fund managers, portfolio managers, equity analysts, and other professionals at leading financial institutions, along with competitive intelligence, business development, and strategy specialists at major corporations.