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Wednesday, June 10, 2009
All Nasdaq-listed companies to get research coverage
Nasdaq OMX and Morningstar, an independent research company, entered an agreement that will give the exchange at least some research coverage on all of its listed companies. Hundreds of companies do not receive analyst coverage. "Investors need to be able to access insightful and trusted data and research to make investing decisions," said Bruce Aust, executive vice president of Nasdaq. "Together, Nasdaq OMX and Morningstar are filling a void that has existed for some time, particularly among small- to midcap companies."
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