Money.Net Taps Wall Street Horizon for Event Data

Under the agreement, Money.Net clients will have access to Wall Street Horizon’s datasets covering dividends, stock splits, IPOs, earnings releases, earnings conference calls, buybacks, mergers and acquisitions, shareholder meetings, analyst days, secondary offerings, index changes, quarter-end dates, and “witching days.” In addition, Money.Net also plans to roll out a dividend analysis feature as well as company events and earnings calendars in future releases.

Clients can use the Corporate Actions and IPO Calendar datasets in conjunction with Money.Net’s Company Financials, Earnings & Estimates, and Earnings History datasets, says Stefanos Daskalakis, chief product officer at Money.Net.

“Our Corporate Actions component is a single-security component that allows you to pull up historical—as well as future—actions, such as dividends, earnings announcements, stock splits, M&A, buybacks, and others. Our IPO Calendar component, also sourced from Wall Street Horizon, provides a view into past and upcoming initial public offerings,” he says.

“Demand has been very high from our existing customer base as well as from prospective clients looking to adopt our platform. In addition ot monitoring market movements, the Money.Net platform provides rich analysis capabilities, both technical and fundamental,” Daskalakis says. “While technical analysis focuses on deriving value based on the trading patterns of a security, fundamental analysis centers on a company’s value as represented by its stock price. One component of this analysis is corporate actions, which provide insight into a company’s finances and the actions that can influence a company’s stock price.”