NEW YORK (HedgeWorld.com)–CCBN, a firm that organizes communications between public companies and investors, including hedge funds, recently introduced an integrated online window for accessing transcripts, briefs and audio web casts of corporate conference calls and other events.
"With Regulation FD, there are now more disclosures," said Greg Radner, vice president for marketing. "Companies bring out a fire hose of information, and CCBN tries to turn that flow into a drinking fountain, easier for investors to use."
The firm provides subscribers to StreetEvents with a calendar of conference calls, earnings releases, shareholder meetings and other investment-related events. It offers several tools for analysts who are looking for information or want to know what went on at teleconferences they were unable to attend, sometimes because the events take place at the same time.
Cliffs Notes
CCBN event briefs give a factual synopsis of what was said during a conference call. They're summaries like Cliffs Notes, Mr. Radner quips. By contrast, event transcripts give you the whole thing–a word-by-word record. CCBN is producing up to 125 real-time transcripts a day, covering almost 3,000 companies.