Two New Xignite Web Services Integrate Earnings, Ratings Information on 5,000+ Stocks into Any Financial Application
SAN MATEO, Calif. June 4, 2007--Xignite, the leading pure-play provider of financial web services for mission-critical corporate applications, today announced a partnership with Zacks Investment Research through which Xignite will redistribute Zacks stock market data as part of two new on-demand financial web service offerings. The partnership will benefit corporate application developers looking to easily integrate and deliver earnings information, sales estimates, analyst recommendations, and hundreds of other research fields to financial user desktops. Xignite has packaged Zacks data on more than 5,200 U.S. and Canadian stocks into two new equity service offerings:
- XigniteEstimates – provides comprehensive data on sales and earnings forecasts, including consensus estimates, revision trends, historical earnings surprises, estimated sales and earnings growth, price-earnings multiples, industry and sector estimates, and more.
- XigniteAnalysts – provides detailed analyst ratings and recommendations such as consensus ratings, revision trends, number of broker ratings, and more.
About ZacksFounded in 1978, Zacks Investment Research has more than 25 years of experience in providing institutional and individual investors with the analytical tools and financial information necessary to the success of their investment process. Zacks created the first earnings estimate revision model and originated the concept of the Earnings Surprise. Today, Zacks’ models process over 25,000 earnings estimate revisions and changes in broker recommendations weekly from over 200 brokerage firms, produced by more than 3,500 analysts. As one of the top market data and proprietary investment model providers, Zacks clients include some of the most widely known institutions in the financial industry. For more information, please visit www.zacks.com. About XigniteXignite (pronounced "x-ignite") is the leading pure-play provider of financial web services for mission-critical corporate applications. As a pioneer in the field, Xignite offers the broadest integrated suite of financial web services available today on an on-demand platform, with more than 35 solutions covering market quotes, news, corporate data, industry information, analytics, tools and more. Xignite powers mission-critical applications for portfolio management, sales management, trading, investor relations, corporate portals, executive dashboards, analytical engines and more. Xignite serves more than 220 clients, including Ameriquest, GE Commercial Finance, Goodyear, ING, McDonald's, Marsh & McLennan, Starbucks, and Wendy's. For more information, please visit www.xignite.com.