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LexisNexis and Weiss Ratings Launch Content Relationship to Distribute Independent Research and Analysis
DAYTON, OH, April 11, 2005 - LexisNexis and Weiss Ratings, Inc., announced today that Weiss Ratings’ independent investment ratings and analyses will be delivered through the LexisNexis® services.
LexisNexis customers will have access to Weiss Ratings’ independent research and analyses on more than 6,000 stocks, including almost every stock listed on the New York Stock Exchange, American Stock Exchange, and NASDAQ. The Weiss reports provide in-depth analyses of the Weiss stock ratings, which are based on five primary components: performance, growth, volatility, valuation, and financial stability. Weiss' unique approach factors in several measures of risk, providing a dynamic assessment of a stock's historical risk-adjusted performance and value relative to its earning prospects.
"As a leading provider of news, business, and legal information services, LexisNexis is a natural fit as a distributor of Weiss Ratings’ independent stock research reports," said Bruce R. Fador, president and chief executive officer of Weiss Ratings, Inc. "Professionals will now have access to Weiss’ unbiased equity research and analyses to help them make informed investment decisions."
"Our alliance with Weiss Ratings, one of the most comprehensive and respected independent research providers, allows LexisNexis to meet the growing demand for unbiased market analysis," said Elizabeth Rector, senior vice president of Corporate and Public Markets, LexisNexis. "This addition from Weiss further strengthens our ability to provide our customers with a single point of access to trusted and comprehensive business intelligence information."
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis® and Nexis® research services, the company includes some of the world’s most respected legal publishers such as Martindale-Hubbell®, Matthew Bender®, Butterworths, JurisClasseur, Abeledo-Perrot, and Orac.
LexisNexis works closely with its customers to address job-specific and organization-wide information needs, driving productivity and confident decision-making.
About Weiss Ratings, Inc.
Weiss Ratings, Inc., headquartered in Jupiter, Fla. with offices in New York and Boston, is the nation’s leading independent provider of ratings and analyses of financial institutions, mutual funds, and stocks. Weiss issues investment ratings on more than 6,000 stocks and 12,000 mutual funds, covering both equity and fixed-income funds, while providing financial safety ratings on more than 15,000 banks and insurance companies. Weiss Ratings is the only major rating agency that receives no direct or indirect compensation from the companies it rates for issuing its ratings. Revenues are derived strictly from sales of its products and custom research solutions to consumers, institutions, businesses, libraries, and governmental agencies.
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