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Home > Company Index > Media > Internet & Online Content Providers > NewsEdge Corporation

NewsEdge Corporation
Nasdaq: NEWZ
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 NEWS FROM THE WIRES
CBOE stats - U.S. equity options daily data
Aug 09 2001 06:26 AM PDT

Thomson income up on higher sales, acquisitions
Aug 09 2001 06:19 AM PDT

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Aug 09 2001 06:19 AM PDT

U.S. tech stocks seen lower on chipmaker downgrade
Aug 07 2001 06:18 AM PDT

Thomson to buy NewsEdge in $43 million deal
Aug 07 2001 06:16 AM PDT

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 NEWS FROM THE STANDARD
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 PROFILE
NewsEdge has been shuffling digital information through cyberspace practically since the dawn of cyber-time. The company (founded as Desktop Data in 1988) supplies news feeds from some 2,000 sources to more than 1,400 customers (including Hoover's) for use on intranets, extranets, and corporate Web sites. Its feeds are categorized and edited by its NewsEdge Refinery, a combination of automated systems and human editorial staffers. NewsEdge also syndicates its publishing tools and services to third-party Web publishers such as PRIMEDIA. Director Basil Regan owns about 31% of the company; founder, former chairman, and CEO Donald McLagan has a nearly 14% stake.

 COMPETITION
COMTEX News Network, Inc. (CMTX)
ScreamingMedia Inc. (SCRM)
The Thomson Corporation (TOC)

 DEALS
Deal: NewsEdge To License its Technology and Content To Business.com
Date Announced: 01.29.01
Value of transaction (US $Mil): 0
Description: Syndicated content service to provide indexing technology and content to business information resource portal.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 70.90
1-Yr. Sales Growth: (4.4)%
Employees: 309
Revenue per employee: $229,449.84

 KEY PEOPLE
• Clifford M. Pollan
    CEO
• Ronald Benanto
    CFO

 CONTACT INFO
80 Blanchard Rd.
Burlington, MA 01803
US
Phone: 781-229-3000
Fax: 781-229-3030
Online: Web Site

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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