What is 'Thomson First Call'

Thomson First Call has provided access to commingled financial research since 1984. Today, Thomson First Call distributes institutional-quality research on more than 34,000 companies in over 130 countries. Thomson First Call is part of the Thomson Financial family of companies. Thomson Financial is a US$1.6 billion provider of data, analysis and information tools to the global investment community, and is a subsidiary of The Thomson Corporation, a leading global provider of integrated information solutions for business and professional customers.

BREAKING DOWN 'Thomson First Call'

Thomson First Call research originates from about 800 contributing firms, corporate documents and public filings. Roughly 98 percent of U.S. institutional money managers rely on some form of Thomson First Call information. Thomson Financial distributes First Call data through LAN-based applications, Internet-based applications, customer-configured Web-based solutions, leased lines, application program interfaces (APIs), file transfer protocol (FTP) sites and wireless devices. The data is also available on the platforms of 35 third-party distributors worldwide, including Bloomberg, Reuters/Bridge and S&P. Finally, selected Thomson First Call content reaches millions of readers and investors through Thomson's Media Program, which is currently utilized by more than 600 media outlets around the world.

Thomson First Call Services

Thomson First Call's seminal service is First Call Notes, which delivers analyst morning meeting notes, intraday research broadcasts and commentary from global sell-side institutions within minutes of the information's release. Hundreds of analysts, including those from all of Institutional Investor's top 20-ranked brokerage firms, contribute an average of 3,000 notes per day to the service. During earnings reporting periods, this daily volume swells to 6,000 notes.

Thomson First Call Notes subscribers may search the database by broker, ticker symbol, company name, portfolio, region, country, industry, headline subject or date range. Among the service's other features are the ability to create up to 200 portfolios which can track up to 2,000 ticker symbols each; alerts notifying subscribers of headlines for the ticker symbols that the subscribers have preselected; and real-time financial and investor-related press releases. More than 50,000 portfolio managers and buy-side analysts in the United States receive First Call Notes. They represent over 2,000 firms, with trillions of dollars in aggregate assets under management.

Another of First Call's flagship products is First Call Real-Time Estimates, which provides access to the forecast measures of more than 775 brokerage firms. This product includes median estimates of analysts' five-year growth rate forecasts for subject companies; analyst-by-analyst and consensus buy/hold/sell recommendations; quarterly, fiscal-year and calendar-year analyst-by-analyst and consensus estimates; actual reported earnings; and company-issued guidelines and footnotes that define the basis for their estimates.

RELATED TERMS
  1. Conference Call

    A conference call is an event where investors can hear detailed ...
  2. Call Report

    A call report is a report that must be filed by banks in the ...
  3. Commingling (Commingled)

    Commingling (commingled), in securities, is the combining of ...
  4. Call

    A call is an option contract and it is also the term for the ...
  5. Federal Call

    A federal call occurs when an investor's margin account lacks ...
  6. Bloomberg Terminal

    A Bloomberg terminal is a computer system offering access to ...
Related Articles
  1. Investing

    Facebook’s Lofty Shares May Rise 11% Higher

    The outlook for Facebook is extremely bullish as analysts estimate FY17 revenue to soar 42%.
  2. Small Business

    What Is an Earnings Conference Call?

    The quarterly earnings conference call keeps institutional and individual investors, as well as Wall Street analysts informed on a company's successes.
  3. Investing

    What's Behind Corporate America’s Profit Surge

    Money machine: corporate profits rose 5.2% in the third quarter led by financials, technology, basic materials and utilities
  4. Investing

    Writing Covered Calls On Dividend Stocks

    Writing covered calls on stocks that pay above-average dividends is a strategy that can be used to boost returns on a portfolio, but it carries some risk.
  5. Investing

    Options Suggest Microsoft Could Be Set To Decline

    Microsoft has been rocking 2017 so far, but the options market has a bearish outlook on the stock.
  6. Investing

    Alibaba Stock Likely to Fall Back by August 25

    Although BABA is very likely poised to continue higher over the course of this year, this week it is very likely to pause and trade back to 165 or lower.
  7. Tech

    Thomson Reuters Now Providing Bitcoin Sentiment Data

    The Canada-based media giant seeks to cash in on influential online bitcoin-related chatter.
  8. Trading

    What is a Bear Call Spread?

    A bear call spread is an option strategy that involves the sale of a call option and simultaneous purchase of a call option on the same underlying asset.
  9. Investing

    Covered Call Strategies for a Falling Market

    Find out how to come out on top, even when the market is dropping.
RELATED FAQS
  1. Who are Morningstar's (MORN) main competitors?

    Research Morningstar's largest competitors in order to better understand the company's position in the financial information ... Read Answer >>
  2. What is a stock ticker?

    A stock ticker is a report of the price for certain securities, updated continuously throughout the trading session by the ... Read Answer >>
Hot Definitions
  1. Diversification

    Diversification is the strategy of investing in a variety of securities in order to lower the risk involved with putting ...
  2. Intrinsic Value

    Intrinsic value is the perceived or calculated value of a company, including tangible and intangible factors, and may differ ...
  3. Current Assets

    Current assets is a balance sheet item that represents the value of all assets that can reasonably expected to be converted ...
  4. Volatility

    Volatility measures how much the price of a security, derivative, or index fluctuates.
  5. Money Market

    The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities ...
  6. Cost of Debt

    Cost of debt is the effective rate that a company pays on its current debt as part of its capital structure.
Trading Center