CHICAGO, March 22, 2011 /PRNewswire/ -- Zacks Investment Research, Inc. announces a partnership with NASDAQ OMX to supply consensus data for earnings estimates, sales estimates, analyst ratings, and target prices, and earnings dates for display on NASDAQ.com. Zacks consensus data will power the Analyst Research section of the stock quote pages in NASDAQ.com, which helps individual investors analyze Wall Street's ratings and predictions for future performance of individual stocks traded on US exchanges.
"We are excited to be recognized by a major securities exchange as a valuable data partner in order to help NASDAQ OMX fulfill its mission to drive capital formation, transform business and fuel economic growth." According to Bryant Sheehy, Director of Business Development for Content and Data at Zacks Investment Research, Inc.
Zacks Investment Research provides institutional and individual investors with the analytical tools and financial information necessary to the success of their investment process. Founded in 1978, Zacks' early contribution to investment analysis was the discovery that earnings per share estimate revisions are the most powerful force affecting stock prices. This discovery is built into the Zacks Rank proprietary methodology for predicting stock price performance. The Zacks Rank has produced average annual returns in excess of 28% since 1988. Today Zacks produces data feeds for estimates, ratings, earnings report data, fundamental data, and institutional holdings for US and Canadian traded equities, as well as investment research reports and research software tools for investors.
ABOUT NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).
SOURCE Zacks Investment Research, Inc.