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Huge social network for US shareholders planned
BROADRIDGE Financial Solutions Inc. (NYSE: BR), the giant investor communications and brokerage outsourcing firm, plans to connect every US company and every shareholder in a massive social network that could rival Facebook in terms of members. CEO Rich Daly said his company’s investor network will be unique in that it will validate members as real [...]
SEC survey a reality check on retail investor web use
A SURVEY published by the US Securities and Exchange Commission (SEC) has found that retail investors rely heavily on financial advisors for their investment decisions and rarely use the SEC’s website or blogs for investment information. The survey found that while 51% of investors said their financial advisors or brokers were their “main source” of [...]
US firms love e-proxy savings, but at what cost?
DESPITE the risk that they might be reaping short-term gains while laying the foundation for long-term pain, 566 US companies used notice-only e-proxy mailings for their shareholder meetings by the end of April. According to figures compiled by Broadridge Financial Solutions Inc., companies have saved about $132 million through lower print and mailing costs. Unfortunately, [...]
History made in Japan
WE “TRAVEL” to Japan regularly as part of our research of how companies around the world are using the web to communicate with their investors. When we first started going there, standards of online IR communication were exceptionally poor. Except for a couple of firms like NTT DoCoMo and Sony, the country’s blue chips as [...]
News Digest for November 14, 2006
There are 6 items… US financial advisers see best bets overseas |Google, Yahoo: Stock Quotes Too Costly | Ousted CEOs stay on as exit deals worked out | How to Put Your Spreadsheet in Lockdown | Sustainability Reporting Improving | Report: Hedge Fund Industry Now Tops $1.78 Trillion US financial advisers see best bets overseas [...]