New York, January 18, 2005 â Revereâ¢ Data, LLC, a fast-growing provider of integrated research and market data, today announced a new Supplier Risk Report that identifies upcoming earnings announcements from companies with suppliers who depend on them for at least 10% of total revenues.
The Supplier Risk Report, available on Revereâs website is designed to generate ideas for secondary trading and investment opportunities.
"For example, Intel Corp. (INTC) reported its fourth-quarter results on January 11 and also announced plans to increase capital spending by $1.1 billion to $1.5 billion in 2005," explained Brian Hill, Director of Research for Revere. "We identified all suppliers dependent on Intel and zeroed in on companies focused in our Semiconductor Capital Equipment sector. As a group, these companies gained 3.8% on the day after the announcement, outperforming the Revere Semiconductor Capital Equipment index, which was up 3.0% and topping Intelâs own 2.8% gain."
The Supplier Risk Report will be issued weekly during the peak season for quarterly earnings reports. Among the companies highlighted for the week of January 17 are Abbott Laboratories (ABT), AT&T Corp. (T), Ford Motor Company (F), General Motors Corp. (GM), International Business Machines Corp. (IBM), Lucent Technologies Inc. (LU), Motorola, Inc. (MOT), Novartis AG (NVS), Pfizer (PFE), and Seagate Technology (STX).
"This report showcases our unique data and our ability to add value for customers," said Glen Wolyner, Chief Executive Officer of Revere. "Out of the thousands of companies reporting earnings in the weeks ahead, weâll use our Relationships data to pinpoint those with interesting secondary opportunities that most investors would have missed otherwise."
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.