First Call Controversy
In 2002, Thomson Reuters First Call, a research database that compiles earnings estimates by Wall Street analysts, agreed to include a broader range and interpretation of the judgment factors that analysts use to estimate earnings after complaints from several brokerage firms. The dispute with First Call became public when the Wall Street Journal reported that First Call had removed Schroeder’s estimate on Chubb Insurance from the database after Schroeder refused to raise her estimate on Chubb to match that of other analysts.
Read more about this topic: Alice Schroeder
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