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
Famous quotes containing the words call and/or controversy:
“What war has always been is a puberty ceremony. It’s a very rough one, but you went away a boy and came back a man, maybe with an eye missing or whatever but godammit you were a man and people had to call you a man thereafter.”
—Kurt Vonnegut, Jr. (b. 1922)
“Ours was a highly activist administration, with a lot of controversy involved ... but I’m not sure that it would be inconsistent with my own political nature to do it differently if I had it to do all over again.”
—Jimmy Carter (James Earl Carter, Jr.)