Category Archives: Business Information

Wikinvest

Founded by Michael Sha and Parker Conrad, Wikinvest covers US stocks with a market capitalization of at least USD 100 million. And, yes, it is a wiki where anyone can edit and comment so bear that in mind when using this site. Having issued the health warning, I must add that I have not yet found any vandalism or spamming on the main pages although there have been the expected crop of idiots in the discussion areas. That could be down to the vigilant monitoring by the serious contributors, or that the site is not yet well known, or both. It is not comprehensive in coverage. At the time of writing this, there were 349 companies on Wikinvest and not all had articles associated with them, but the number is increasing and they do all have stock charts. On the Companies page you can browse by industry sector or search by company name. As you type in the name a drop down list appears with the all the options. Once you have found your company, you should see four tabs: Neutral, Bulls, Bears and WikiChart.

Wikinvest Company Information

wikinvest.gif

‘Neutral’ is where you will find the main article about the company, which covers topics such as history, products, market trends, competition. The main ‘contributors’ to the article are listed and you can click on individuals for their profiles, although not all have provided detailed information about themselves. I was initially confused by the uniformity and limited number of job titles but then realised that these are assigned by Wikinvest depending on the number of contributions you have made to the articles. The bottom rung is Analyst and the top is Senior Director. I am still a mere analyst as I have yet to make any edits or comments! This page also includes a thumbnail of the WikiChart for the company and the top three Bulls and Bears. As with most wikis, you can view the History of the page and see who has edited what and when.

The WikiCharts use quotes provided by Thomson Financial and are delayed at least 15 minutes for NASDAQ, and 20 minutes for NYSE and AMEX. They go back to 1981 and you can use the slider on the top time line to focus in on a a particular time period. The main chart can be annotated so that key events are superimposed on the graph, making it easy to see how an event or announcement may have affected the share price. An option to overlay a graph for the stock market index as a whole would be useful here so that one can assess whether any major shift in the share price is due to company events or the to changes in the markets in general.

WikiChart

WikiChart

The concepts section looks at the main trends and ideas within a sector and also get you up to speed with the main issues affecting an industry. For example, under energy there are articles on biofuels, clean coal, carbon trading and peak oil.

At a personal level you can edit existing articles or write new ones, bookmark companies in which you are interested or ‘Track changes’ to an article, for which you need to set up an account (free of charge) and to be logged in. There is an email alerts option for the ‘Track changes’ but no RSS feeds.

Conclusion

I must confess that because of its ‘wiki nature’ I was somewhat hesitant about using this as a serious source of information for US listed companies. So far, I have not spotted any vandalism. Any arguments I may have with an opinion on a stock or market are exactly the same as those I would have with articles that appear in the mainstream press such as the FT or WSJ. For a quick overview of a major company listed in the US I would still go to Yahoo Finance first, and then to the SEC for the official filings. For opinions and a more detailed, and free (!) history, and the ‘1981 – to now’ annotated share price graph I will definitely use Wikinvest.

Business Information Top Web Resources

Another workshop – another top resources listing. This time it was Business Information Key Web Resources organised by TFPL and held on 31st October 2007. The list, which is compiled by participants at the end of the workshop, is usually limited to 10 but this time they came up with 16! As well as specific sources, they also came up with search techniques that they felt would help them target information more effectively.

  1. Site Search. Use the Advanced Search screens of search engines to limit your search to an individual site or use the site: command. Useful for tracking down information on large sites with poor navigation or internal search.
  2. File format search. As in number 1 above, use the Advanced Search to limit your search to a particular file format. For example PDF for market, industry, government reports; PPT or PDF for conference presentations; XLS for data and statistics.
  3. Think local. If you are researching a market or companies based in a particular country or region, look at the news sources, company registers, databases, and versions of search engines for that country. To change your country version of Google, click on the Language Tools options on the Google home page and go to the list of flags towards the bottom of the page.
  4. Kompass. http://www.kompass.com/. Well known company, product and service directory with world-wide coverage and detailed product codes. You can search free of charge but have to pay to view most of the information. You can opt for a subscription or the pay as you go option.
  5. EXPO 21XX – Industry, Automation, Aviation, Yachting, Fashion and Textile Online Fair. http://www.expo21xx.com/ A directory that mimics a trade exhibition in its design. Each “fair” is subdivided into halls, and each company in the hall has a “stand” with a brief description and a flag showing the country in which it is based.
  6. Blogpulse. http://www.blogpulse.com/ Useful blog search tool with a graph option (Trends) that shows how often your search terms are mentioned in blogs.
  7. Abyznewslinks http://www.abyznewslinks.com/ Lists newspapers and other news sources by country and by region within each country. There is a language code next to each newspaper and separate links to alternative language versions if they are available.
  8. Del.icio.us http://del.icio.us/ and other social bookmarking services. Good way to collaborate and share your favourite resources with others, both inside and outside your organisation.
  9. Official Statistics on the Web http://www.library.auckland.ac.nz/subjects/stats/offstats/
    Starting point for statistical sources by country, topic or subject. This service includes sources offering free and easily accessible social, economic and general data from official or similar “quotable” sources, especially those that provide both current data and time series.
  10. BvD Taste of Mint Free Directory http://www.bvdep.com/ Free directory giving basic information on companies covered by the Bureau van Dijk collection of priced services. Search by name, country or activity, and size. Information provided free of charge includes company name, town, country, activity and size.
  11. Eco5 http://www.eco5.com/. Click on the Research tab. This service is aimed at researchers in the areas of finance and economics world-wide. Resources include links to national institutions such as central banks, stock exchanges and government bodies, and to to national and international institutions.
  12. Try a different search tool. Try something other than Google: another search engine e.g. Live, Yahoo, Ask, Exalead; an evaluated listing e.g. Alacrawiki, Intute; a listing of sites by type of information e.g. news (see number 7), statistics (see number 9).
  13. Repeat your search terms one or more times to change the way results are sorted.
  14. Allwhois. http://allwhois.com/. Domain name registry that can help you track down who owns or is behind a web site.
  15. Wayback Machine. http://www.archive.org/. Use the wayback machine to track down ‘lost’ pages, documents or sites. Also useful for seeing how companies have marketed themselves on the web in the past.
  16. Nationmaster. http://www.nationmaster.com/. Repackages information from many different sources and enables you to compare data in a variety of ways, for example countries, a region, or an economic group such as OPEC and then a category and statistic for that category. Click on Advanced View to see all of the search options. The information is not always the most up to date, but the source is always given so you can then search the original site for the most recent data.

Telegraph Business Club

The Daily Telegraph Business Club aims to help SMEs through weekly case studies, information, free seminars and membership discounts. Registration is free and the club has a page every Tuesday in the Business Section of the Daily Telegraph. There is quite a lot to work your way through on the home page but the main tabs and headings are Strategy, Money, People, Sales, Technology and Operations. The Advanced Search is probably the best way to track down information in the archives as it enables you to search by category, for example legislation, and type of resource. The only really negative aspect of this site for me is the irritating news ticker scrolling across the screen near the top of the page. Luckily I use Firefox as my browser so I was able to ‘Remove it Permanently’ with the RIP add-on. The ticker really does not add much in the way of content to the site and becomes extremely annoying after a few minutes.

AlacraSearch for industry and market sector searches

Alacra has launched a new search tool for industry and market sector information called AlacraSearch. It uses the Google Custom Search Engines and has approximately 12,000 Alacra chosen sites in eight categories:

  • Business & Trade Publications
  • Law Firms
  • Commercial & Investment Banks
  • Consulting and Accounting Firms
  • Educational Institutions
  • Market Research Firms
  • Trade Associations
  • Venture Capital & Private Equity Firms

The service is free and supported by advertising.

On the main search screen you type in your key words and select a category. On the results page you can easily switch categories. For example, having run a search on ‘beer UK market share’ in the Business and Trade Publications category I could switch to Trade Associations or Market Research Firms. Depending on which category you choose to search, you can further refine your results by industry or geography. Having carried out my initial ‘beer’ search in Business & Trade, I can narrow down the publications further by selecting Food & Beverage.

AlacraSearch

Alacra already has an industry research tool on Alacrawiki called Alacra Industry Spotlights that has a page for each industry describing the key resources for the sector. The Spotlights are ideal if you are new to a sector and need to get up to speed on the main publications. AlacraSearch complements Alacra Spotlights by enabling you to search these and other sources by keywords. I now regularly use both and find that they are an excellent way of quickly focusing on quality business sites.

Highly recommended if you are looking for a business information search tool.

Chinese company information from BvD

Bureau van Dijk Electronic Publishing (BvDEP) is to add Chinese company information to its range of products. QIN contains information on over 300,000 public and private companies in mainland China and provides three years’ financial history. The information is provided by SinoRating, a division of sinosure, a credit insurer and expert on Chinese business. Additional information is from World’Vest Base, a provider of information on listed companies worldwide. As well as financial data QIN also offers textual information on companies’ activities and will incorporate detailed ownership and corporate structure information as provided on BvDEP’s other products.

QIN will be available later this summer but free trials can be pre-ordered via local account managers or by contacting info@bvdep.com.

MarketResearch.com acquires Profound

MarketResearch.com has acquired the Thomson Business Intelligence (TBI) Market Research service, known as Profound. Thomson announced earlier this year that they wanted to sell Profound.

According to the press release “the acquisition expands MarketResearch.com’s international reach with additional content and sales presence in Europe and North America. Profound provides a closed-platform, market research service that complements MarketResearch.com’s open-format, web-based service.” It will be interesting to see what pricing model they adopt for it and how, if at all, they integrate Profound with their existing service. MarketResearch.com bought rival company MindBranch in 2005 but the two sites remain. I suspect that, given the different type of users the services have, Profound will be marketed as a separate product.

ZoomInfo fails to address quality issues

ZoomInfo has updated its business and people search engine. For those unfamiliar with the service, ZoomInfo searches and provides information on 35 million ‘people’ and 3.4 million companies. Unlike most conventional company and people directories, though, the information is gathered and compiled automatically by what it calls a semantic search engine. Content can be edited and corrected by the subject themselves, but you have to pay for at least a trial subscription in order to do it. ZoomInfo is free for basic information and advertiser supported. For full access you can upgrade to a ZoomExec account for USD 99 a month, and the full PowerSearch option costs from USD 3,950/year.

I have been attempting to carry out a proper evaluation for some time on behalf of various clients, and the redesigned site encouraged me to pay for a week’s trial at USD 19.99 for the ZoomExec service. I should make it clear right now, that I started this evaluation with a totally negative opinion of the service. My previous experiences of ZoomInfo in terms of quality have not been good and I regret to have to say that the upgrade has not changed my opinion.

The home page features three tabs – company searches, people searches and job searches via content from Indeed. There is also a tag cloud representing popular keywords used in searches on ZoomInfo. Company search and people searches by name are ad-supported: searches by keywords, job titles and other criteria are part of the priced services. One always starts an evaluation such as this using standard test searches on something or someone you know. Inevitably, then, I first did a search on myself. It found 22 people, or rather profiles. These profiles are compiled from web pages found by ZoomInfo and grouped together. Some of the profiles refer to the same person (there were four for me when I looked) but it is amazing how wrong ZoomInfo can be and that it can miss so much relevant and correct information that is out on the web.

None of my four profiles had my correct company name and the information in all cases was garbled. The most comprehensively supported profile, which was compiled from 36 web sites, has me working for TFPL. Yes, I am one of their associate trainers who they hire on a consultancy basis but I am not ’employed’ by TFPL. One could argue that it is an easy enough mistake for a poor dumb computer to make, especially as I am mentioned several times on the TFPL web site. But ZoomInfo has gone further and given me a non-existent email address at TFPL plus a Glasgow telephone number. I live and work in Reading a long way from Glasgow, but even if I did work at TFPL their main office is in London. To be fair if you are prepared to drill down through the web site references you do eventually arrive at the correct information on my own web site, but then why bother with ZoomInfo? Any half decent searcher could get there far more quickly using standard search engines and find more up to date information

ZoomInfo

If you have an account, you can set up your own public profile and consolidate existing profiles and correct them. Companies can do the same. That does not mean that the information will be any more accurate. ZoomInfo clearly states that it does not verify such information.

For company profiles, you are supposed to be able to view a list of competitors. Not a single one of my competitors were listed. Instead I was presented with a list consisting mostly of search tools: Lycos, Infoseek, Northern Light, EEVL, News Now and so on.

I tried searches on some of my colleagues and the results were even more difficult to fathom. The Advanced Search, where you can also include a company as well as a person’s name, ignored the company name. (I may have been clicking the wrong buttons or this feature may only work for PowerSearch accounts). Since I and most of my associates are running small businesses – probably not ZoomInfo’s forte – I persuaded some of my large, International corporate clients to try it out on people, companies and industries that they know. Their reactions ranged from laughter at the start, through disbelief at how wrong and out of date the data was, and finally to irritation and annoyance.

I did look at some of the other services on offer, such as keyword searching for products and services and Job searches, but I still could not find any redeeming features that would persuade me to pay money for this service or to even use the free search. There are other sources and directories out there that are more reliable and up to date, and some of them free.

HotFrog Business Directories

Newly launched HotFrog UK is an interesting implementation of a business directory from Reed Business Information. Based on its Australian counterpart, a tag cloud forms a major part of the home page, highlighting the top 50 products/services. There is also an alphabetical index if you wish to browse all the categories. In addition you can browse an A-Z of companies or use the search box to carry out a key word search.

Limiting your search to a region or county is a two step process. You first search on a category and a location box appears on the results screen alongside the companies.

Business owners can add their company to the directory free of charge and can determine how they want their business classified. They can also include brand names in their entries.

There are another thirteen country ‘versions’ of HotFrog including India, Spain, Germany, France, Thailand and the US, all of which use the same interface. They are easily missed as the links are represented only by a series of flags at the bottom of the home pages.

Thomson to sell Profound and NewsEdge

Thomson have announced that “after carefully analyzing our product portfolio, we have decided to realign specific services within Business Intelligence Services. Our goal is to best align our products and resources to the markets and customers we serve.” They are selling Market Research (Profound) and NewsEdge and say they are currently in discussions with potential buyers. The News Research service will be discontinued from December 31, 2007 and the Broker Research and Insite services are being moved from Thomson Business Intelligence to Thomson Financial.

I am not really surprised at their decision to sell Profound. I have not used it for several years but many people who have attended my workshops have not been impressed by it. Complaints have included inconsistent and irreproducible search results, complex pricing, and disappearing titles and publishers. As for their news services, they have never fared well when compared against Factiva and LexisNexis.

Adverteyes UK – Advertising Slogans Database

Adverteyes is a database of who’s said what, where and when in advertisements. It includes endlines, slogans, straplines, taglines and trademarks that are currently appearing or have appeared in the UK, Ireland and the USA media. Data from unique campaigns in Canada, Australia, India and South Africa is now being added. The database is intended to provide assurance that a proposed ad line will not infringe on the current use of that line by others. It also provides information on current overly used advertising themes and on what specific brands have ‘said’ through the years. The most recent 100 straplines added to the database can be viewed free of charge but you need to subscribe to search the whole database. The annual subscription is currently £19.95

You can search using phrases or keywords that appear in the slogan combined with a product category such as airlines or foods. Alternatively you can just select a category. You cannot search directly by brand name or company – those are only picked up if they appear in the slogan. The results give the “line”, brand name, product category, product, media (print, radio, television, outdoor, other), year and country. The results are listed by ad line in alphabetical order but you can re-sort them by brand name.

The database goes back to the 1950’s and ’60’s, and it is interesting to see what advertisers could get away with at that time. There was the famous – or should that be infamous? – “Guinness is good for you” but Guinness also ran a campaign claiming that “a Guinness a day keeps the doctor away”!