2002 Thomson Financial

Transcription

1 2002 Thomson Financial

2 TABLE OF CONTENTS INTRODUCTION... 1 Welcome... 1 How Thomson ONE Analytics is Used... 1 Contacting Thomson Financial... 2 Getting Started... 2 Manual Conventions... 2 Logging on to Thomson ONE Analytics... 3 Using the Navigation Bar... 3 Using the Online Help... 4 Working from the Home Tab... 5 Using the Quick Navigation... 5 Companies... 5 Portfolios... 6 Thomson Connect... 6 Screening... 7 Market Activity... 7 Creating / Updating your Preferences & Defaults... 8 Personal Information... 8 Account Defaults... 8 Private Lists SECTION 1: USING THOMSON ONE ANALYTICS CHAPTER 1 THE COMPANY TAB Overview & Objectives Selecting a Company Summary Information Thomson Connect Company Snapshot Datastream Price Growth and P/E Worldscope Fundamentals Recent Research Upcoming Events Recent Filings Company Detail Company Consensus Consensus Estimates Table P/E Ratio Industry Relative EPS Growth Company Research Searching for Similar Research Documents Viewing Similar Research Batch Printing & Saving Research... 23

3 Company History Datastream Price History Historical Consensus Company Events & News Company Fundamentals Company Institutional Holdings CHAPTER 2 THE PORTFOLIO TAB Overview & Objectives Selecting a Portfolio Thomson Connect Portfolio Snapshot Overview Portfolio Price Changes Portfolio Growth and P/E Recent Research Company Reports Revisions Valuation Momentum Growth Consensus Surprise Portfolio Research Summary Research Detail Research Batch Printing & Saving Research Searching for Similar Research Documents Manual Entry Symbol Lookup Importing Migrating Portfolios from First Call Web Editing Manual Editing Import Editing Deleting Attribute Settings Portfolio Holdings CHAPTER 3 THE MARKETS TAB Overview & Objectives Markets Snapshot Top 5 & Bottom 5 Revisions Indices at a Glance Top 5 & Bottom 5 Growth Countries Recent Economic Research Markets Country Aggregates Viewing Country-Specific Data... 57

4 Overview Data Historical Data Sector Data Industry Data Market Indices Aggregate Charts Viewing Charts Creating Custom Charts Economics Market Index Search Overview Index Search One Month % Chg in 12-Mon-Fwd EPS Change in EPS Forecast Consensus EPS Forecast Historical Index Search Index Charts Viewing Charts Creating Custom Charts Markets Commentary Batch Printing & Saving Research Markets Quick Aggregates CHAPTER 4 THE SCREENING TAB Overview & Objectives Screening Snapshot Significant Price Changes Earnings News Events P/E Ratios by Sector or Industry Screening Q-Screen Understanding your Results Working with Filters Batch Printing & Saving Research Screening Broker / Analyst Viewing Broker Information Viewing Detailed Analyst Information Comparing Two Analysts Forecasts Screening Research Quick Search Criteria Search Working with Filters Batch Printing & Saving Research CHAPTER 5 THE PUBLISHING TAB Overview & Objectives Publish Quantitative Tracking Your Estimate and Comparing to Your Peers Viewing Additional Data Research... 91

5 Queue Sending Research Removing Research Deleting from Published Status Archiving Research Uploading Research Indexing Looking up Company Symbols Saving a Template Editing Templates & Indices Deleting Templates View Archives Un-Archiving Indices Removing Archived Indices CHAPTER 6 CONNECT Overview & Objectives Inbox Searching/Filtering Premium Channels Interest Lists / Portfolios Package Viewer Sent Items Contacts Contact Lists Received Invitations Sent Invitations Search / Send Invitations Quick Send Target Contacts Modify Relationships CHAPTER 7 ALERTING Overview & Objectives Viewing Alerts Creating Alerts Ticker Lookup Activating/Deactivating Alerts Editing Alerts Deleting Alerts SECTION 2: INCORPORATING WORKFLOW SOLUTIONS USER 1 SELECTION -MARKETS -SECTORS -INDUSTRIES -INDICES -STOCKS Evaluating a Country Searching Index Aggregates Calculating Custom Aggregate Information Picking Stocks Based on a Quantitative Screening To Create a New Screen To Run an Existing Screening Filter

6 To Save as a Portfolio USER 2 RESEARCH -STOCKS -GROUPS OF STOCKS -PORTFOLIOS Selecting Stock(s) from a Portfolio Viewing Company Data To View Company Snapshot To View Company Details To Learn More About Analysts To View Broker Research To View the Company s History To View Company Fundamentals To View Company Institutional Holdings APPENDIX A ADMINISTERING RESEARCH Setting User Rights Setting Entitlement Groups Disabling Collaborating Firms Setting Remote File Locations APPENDIX B ENTITLED FUNCTIONALITY GLOSSARY INDEX

7 Introduction Welcome Thomson ONE Analytics is the Web-based investment research and analytic tool that combines your own data with real-time institutional content from Thomson Financial and third parties. The content is coupled with sophisticated functionality; enabling you to quickly identify investment opportunities and helping you reach superior investment decisions. The first section of the manual focuses on the Thomson ONE Analytics functionality. The chapters are organized according to the major and minor tasks listed in the navigation bar. See Using the Navigation Bar on page 3 for more information. The second section of the manual provides two workflow examples: 1. Picking stocks based on specific criteria, and 2. Tracking a group of stocks, or an individual stock. Through utilizing the workflow examples, you can navigate through Thomson ONE Analytics more efficiently to obtain the information you need most. How Thomson ONE Analytics is Used Thomson ONE Analytics is a robust Web-based application that allows you to complete the following: Monitor and view real-time First Call Notes and Research for your portfolio(s) and companies of interest View pricing data, earnings, growth prospects at the portfolio level, or drill down to view individual companies Access forecasts of earnings, revenues, long-term growth, per share items and price targets for the consensus Thomson Financial 1

8 Thomson ONE Analytics Manual Introduction View comprehensive broker and analyst information, including coverage, research frequency, historical accuracy, and forecasts and research Identify and view research on peer companies and historical earnings, estimates and growth relative to peers Search for securities by descriptive and quantitative criteria and view data and research for resulting company sets Contacting Thomson Financial Please contact a Thomson Financial Customer Support Representative at any time if you have questions, concerns, or feedback regarding Thomson ONE Analytics. Global Customer Support Headquarters North America: London: +44 (0) fc.feedback@tfn.com help@tfeurope.com Thomson Financial 195 Broadway New York, NY USA Manila: tf_helpdesk@tfn.com.ph (fax) Getting Started Manual Conventions This manual uses formatting and information conventions. For example, all chapters begin with an Overview and Objectives section. This section briefly summarizes the chapter topics and explains how they may relate to you. Furthermore, procedural information includes bolded and italicized words. Bolded words are buttons or tabs that you should click. Italicized words are names of menus, text boxes, or tables from which you may enter information or select data types. Notes provide important information that may only apply in special cases. TIPS are supplemental procedures on optional functionality to help you more fully understand Thomson ONE Analytics capabilities. Thomson Financial 2

9 Thomson ONE Analytics Manual Introduction Logging on to Thomson ONE Analytics Thomson ONE Analytics supports Internet Explorer version 5.5 and Netscape version and higher. 1. Navigate your Internet browser to 2. Enter your Username and Password in their respective boxes. If you do not have a Username and Password, please contact your nearest Customer Support center (p. 2). 3. To save your Username and Password, click the Save my Username and Password check box. 4. Click Enter. Logon Screen Using the Navigation Bar The navigation bar directs you to the different parts of Thomson ONE Analytics. Each major tab has additional minor tabs below it. The minor tabs are visible after you click the major tab of your choice. The following are the major tabs in the navigation bar: Thomson ONE Analytics Navigation Bar Showing the Company Tab Highlighted and its Related Minor Tabs Home is the default page for new users. You may use the quick navigation area and view market activity on this page. Company includes overview information and details for a selected company. From here you may view the Snapshot, Detail, Consensus, Research, History, Estimates, Fundamentals, and Institutional Holdings information for the selected company. Portfolio displays the snapshot information for a selected portfolio. You may also View Portfolios, Maintain Portfolios, and view the Holdings information for the selected portfolio. Thomson Financial 3

10 Thomson ONE Analytics Manual Introduction Markets displays information on different market sectors and indices around the world. From this area you may view Country Aggregates, create Index Searches, search for global Commentary research reports and create Quick Aggregates. Screening displays significant price change information, earnings news events, and P/E ratios by sector. From this area you can also conduct quantitative screening (Q-Screening), view information for Brokers or Analysts, and search for specific Research documents. Publish allows you to post in-house estimates and quantitative data, as well as upload, index, and publish research to Thomson ONE Analytics. See the Glossary for the research formats that Thomson ONE Analytics accepts. Connect provides you with real-time access to premium broker content. You control the information you receive based on the criteria you identify in your preferences. You may leverage this secure communication framework to access only the most relevant information, and use Thomson Connect to distribute content to individuals who share your interests. Utility displays information about your account. From here you can edit your personal information, defaults, and private lists. Feedback allows you to send feedback to the product team regarding questions, issues, and enhancement requests. Using the Online Help Thomson ONE Analytics provides context-sensitive online help. Clicking Help on any page within the application opens a separate window filled with background information, term definitions, and procedures that are relevant for that page. Thomson Financial 4

11 Thomson ONE Analytics Manual Introduction Working from the Home Tab Using the Quick Navigation From the Quick Navigation area of the Home page, you may quickly retrieve a company report, view or edit an existing portfolio, or view a market report by clicking on your desired link. Companies To Retrieve Information About a Company: 1. Enter a ticker symbol for a company, or type a company name in the Analyze a Company box. 2. Select the type of company report you wish to view (Snapshot, Detail, Consensus, Research, History, News & Events, Fundamentals, or Institutional Holdings). See Chapter 1 for more information on these reports. Analyze a Company box. Thomson Financial 5

12 Thomson ONE Analytics Manual Introduction Portfolios To Retrieve Information About a Portfolio: 1. Select your desired portfolio from the Portfolio Activity drop-down menu. 2. Click Research to view commingled research or to search using date and contributor filters; click Revisions to view recent revisions and recommendation changes. 3. Click Create New Portfolio to create a new portfolio. Portfolio Activity Quick Navigation Thomson Connect From this area, you may: View your Inbox (optionally filtered by interest list or portfolio) to access packages sent to you from other users, or through one of the Premium Channels View Sent Items to view packages you've sent to other users Manage Contacts to create new relationships or maintain existing ones You can also create a new package ( ), to send content to recipients. See p. 108 for more details on creating packages. Thomson Connect Quick Navigation Thomson Financial 6

13 Thomson ONE Analytics Manual Introduction Screening From the Screening area of the Home page you can create a new search or execute a saved search. To Create a New Search: 1. Select your desired screen type (Research, Quantitative, or Broker/Analyst) from the Create a new search below area. 2. Enter your search criteria and execute the search. (See Screening Research, p.82 for more information.) Screening Search To Run One of Your Saved Searches: 1. Select one of your saved filters from either the Research or Quant drop-down menus. 2. Click Run to execute the search. Running a Saved Search Market Activity Market Activity is displayed in the View Market Activity area of the Home page. Country aggregates and index aggregates are displayed under market activity. Thomson Financial 7

14 Thomson ONE Analytics Manual Introduction Creating / Updating your Preferences & Defaults From the Utility tab, you may create and update your personal information, defaults (automatically loaded pages and preferences), and private lists. Personal Information Your personal information includes your first name, last name, address, company, position, and contact information. You may edit any of this information at any time. To Edit Your Personal Information: 1. Click the Utility tab, and then the Personal tab. 2. Make any necessary changes in the Personal Info list. 3. Click Save. Your LoginID is also listed on this page. To change your username or password, contact your local support desk. Account Defaults From this area in the Utility tab, you can change the different defaults for your account. Your default section is the section you first see upon logging into your account. Your default pages are the pages you first see when viewing different sections. You can also specify default values for the products, markets and tickers for specific pages. Thomson Financial 8

15 Thomson ONE Analytics Manual Introduction To Change Your Account & Page Defaults: 1. Click the Utility tab, and then the Defaults tab. 2. Select your desired section from the Default Section drop-down menu. 3. If you d like the browser to appear on the foreground of your desktop, click the Force browser to foreground when pages load check box. 4. To change the default pages for each of the different sections, select your desired page from the different drop-down menus under Default Pages. 5. To change the default ticker: a. Select your desired ticker identifier from the Ticker Type dropdown box. b. Click the appropriate Contains, Begins with, or Is Exactly radio button. c. Type your desired company name or ticker in the text box. d. To search only on your default country (as specified below), click the Search only in default country check box. 6. To change the default country, benchmark, portfolio, region or broker, select your desired item from the appropriate drop-down menu. 7. To change your Research Defaults, select your desired options from the drop-down menus. 8. To change the temporary directory for the Batch Printing/Downloading default, click the Change defaults for Batch Print/Download link. The Batch Print Setup utility launches. a. Type your desired directory name in the Temporary File Directory box, OR Click Browse to search for your desired directory. b. Click OK. 9. Click Save. (Continued) Thomson Financial 9

16 Thomson ONE Analytics Manual Introduction Utility Section and Page Defaults Private Lists From this area under the Utility tab, you may allow specific users within your organization to view your portfolios, quantitative searches, and research searches. Private lists are only viewable by you, and the people you select. Public lists are viewable by all of the contributors at your institution. When you set a portfolio, quantitative search, or research search as private, you create a private entitlement list where you are the only user allowed to view the selected information. By editing your private entitlement list, you may add selected users to your list. If you have saved a portfolio, quantitative or research search criteria as public, you must change the attribute to private in order to use private entitlement lists. Thomson Financial 10

17 Thomson ONE Analytics Manual Introduction To Allow Other Users to View Private Items: 1. Click the Utility tab, and then the Private Lists tab. 2. Select the type of item you d like other users to see. The names of your private items are displayed in the List Name drop-down menu. 3. Select your desired list type: Portfolio, Quant Search, or Research Search. 4. Select the desired item from the List Name drop-down menu. 5. Select the users that you d like to see the selected item from the User List table. 6. Click Save. Private User List Thomson Financial 11

18 Section 1: Using Thomson ONE Analytics Chapter 1 The Company Tab Overview & Objectives This chapter focuses on activities and data relating to specific companies and stocks. You may view recent company-related news and data to keep current on its status. This chapter provides instruction on the company research tools and functionality that allow you to analyze company level data. Thomson Financial 12

19 Thomson ONE Analytics Manual Chapter 1 Selecting a Company You may view all of the following information for a company other than your default company by using the Select New By box. To select a different company: 1. Select your desired ticker identifier from the Select New By drop-down box. 2. Click the appropriate Contains, Begins with, or Is Exactly radio button. 3. Type your desired company name or ticker in the text box. 4. To search on your default country (as specified in the Utility section, see p. 9), click the Use Default Country check box. 5. Click Go. Select another Company Box Summary Information Each page under the Company tab includes a company summary tab for the company that you have selected: Price High and Low Price Last Reported (EPS Actual) Median Price Target Consensus Recommendation Lancer Expert Estimate User Forecasts See the Glossary for more information about the above topics. You may choose to view or hide this information (per page, except for the Snapshot page) by clicking the Show Summary / Hide Summary link at the top of each page except for the Snapshot page. Thomson Financial 13

20 Thomson ONE Analytics Manual Chapter 1 Thomson Connect Thomson Connect is a relationship-based communication system. From the Company and Portfolio pages, you may view your Inbox or Create a New Package. Your Inbox shows packages sent to you filtered by Company. Click the Inbox ( ) icon to go to your Inbox. You may create a new package by clicking on the Create ( ) icon. For more details on Thomson Connect, see p Company Snapshot The Company Snapshot provides an overview of the selected company. To View Company Snapshot: 1. Click the Company tab, and then the Snapshot tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. Company Snapshot Thomson Financial 14

21 Thomson ONE Analytics Manual Chapter 1 Datastream Price The Datastream price chart shows the company s stock price history for the past six (6) months, relative to its index. Clicking either the graph, or the View Pricing link brings you to the Company History page where you may view a more detailed graph, along with a Historical Consensus Estimates table. Growth and P/E The growth and P/E graphs compare the growth and P/E of the current company to the overall growth and P/E of the industry that the company is a part of. The green bars represent bullish growth or P/E ratio compared to the industry, while red bars express bearish growth or P/E ratio compared to the industry. The graphs list the growth and P/E for the current year. Worldscope Fundamentals Recent Fundamentals provides several basic fundamental data items. The data listed is for the current and previous years. Fundamental data is available on an entitlement basis. Click View Fundamentals below the table to view the entire set of data. This is an entitled feature. For more information on entitled functionality, see Appendix B. To gain access to any functionality, please contact your local Customer Service Representative. Recent Research Recent Research displays the number of research notes and reports posted for a company in the last day, week, and month, therefore providing an indication of analyst activity for the company. The totals here do not reflect a user s individual research permissions, but instead show a complete list of documents received in the database. Not all users have permission to see every document. Research is available on an entitlement basis. Click View Research below the graph to view the reports for the selected company. This is an entitled feature. For more information on entitled functionality, see Appendix B. To gain access to any functionality, please contact your local Customer Service Representative. Upcoming Events Company summary information and any event announcements or press releases about the company are listed here. Thomson Financial Corporate Group provides the corporate event information. Thomson Financial 15

22 Thomson ONE Analytics Manual Chapter 1 Click the View All Events link to view all of the events for a company. Recent Filings This table provides a listing of recent filings with the SEC currently 10K and 10Q reports. Click the title of the filing to view the full report. Company Detail The Company Detail screen contains all of the analyst forecast data for all of the 20 available measures, such as earnings per share (EPS), sales (SAL), recommendations (RECS), and targets for a specific fiscal period. To View Company Details: 1. Click the Company tab, and then the Detail tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. 3. Select your desired measure from the Available Measures row. See the Glossary for abbreviation definitions. 4. Select your desired period from the Available Periods row. 5. Select your desired time summary (Period Summary or Fiscal Year Summary). Company Details Thomson Financial 16

23 Thomson ONE Analytics Manual Chapter 1 To only view information for the past 30 days for any measure (see the Glossary for a complete list of measures and their definitions), click the Recent Estimates ( ) check box. The items on the table will be filtered so that only the estimates from the past 30 days will be displayed. To view all listed information, uncheck the box. You may also view the recommendations together with the estimates by clicking the Overlay Recommendations ( ) icon. The recommendations from each broker will be listed in a new column. (Recommendation estimates are only available in the Period Summary view.) The period summary and fiscal year summary list the measures available for a specified time period, such as fiscal years (FY), quarters (QTR), and long-term growth (LTG) periods. To view the period summary, click Period Summary. To view the fiscal year summary, click Fiscal Year Summary. TIPS Sorting You may sort the details by each of the different column heads. To sort the details, click the desired column head. To reverse the order, click the column heading a second time. Viewing Footnotes If you do not have Overlay Recommendations set, footnotes may be listed to the right of the Review column if an analyst provides additional information. To view a footnote, click the footnote icon ( ) for the item you want to view. The Footnote window will pop up listing any additional information. Filtering Items The details in the table can be filtered, allowing you to create a custom consensus. To remove an item from the calculation, click the check box under the Filter ( ) column. As you filter items, calculations in the Filtered row in the company summary information change. Viewing Broker/Analyst Details For more information on a specific broker or analyst, click the desired broker or analyst name and you will view details from the Screening section. Brokers and analyst data is available on an entitlement basis. Brokers with grayed-out data are typically on a different accounting basis, making the estimate incompatible with the other estimates. Clicking broker s footnote provides additional information. Grayedout estimates are removed from the consensus. Thomson Financial 17

24 Thomson ONE Analytics Manual Chapter 1 Working with Excel To work with data in an Excel spreadsheet, click Export to Excel and an Excel spreadsheet will be launched with all of the information listed. You may view organizational sell side estimates for your selected company by clicking the Scatter Plot ( ) icon. The scatter plot shows all recent up, down, and neutral estimates. If you do not want to see the scatter plot as part of the listed data, click the Table icon. A description of what the abbreviated measure is in the Available Measures row is provided when you rest your mouse pointer over the measure. You may jump to broker research by clicking on your desired broker name in the Detail screen. Company Consensus The Thomson Financial estimate database provides daily updates of consensus-level EPS and sales estimates. More than 4,000 analysts from over 800 investment research departments worldwide contribute estimates and recommendations to our estimate databases. From this extensive collection of analyst estimates, Thomson Financial produces a consensus database that includes annual, interim and long-term growth rate estimates for corporations in the Americas, Europe, and Asia. For each forecast measure in the database, the Consensus Estimates table lists the consensus estimates given for a specific year (ANN), for a specific long-term growth (LTG) period, and for a specific quarter (QTR). Thomson Financial 18

25 Thomson ONE Analytics Manual Chapter 1 To Create a Consensus Report: 1. Click the Company tab, and then the Consensus tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. 3. Select your desired measure in the Available Measures row. Company Consensus Estimates Consensus Estimates Table The consensus estimates for EPS are displayed by default. To view the consensus estimates for other measures, such as sales, select the desired code from the column head. Earnings Surprise Data The Earnings Surprise table displays historical surprise data, going back either eight quarters and/or 2 years (depending on the data available). Surprise data is the difference between what analysts expected the company to earn versus what it actually earned, and is shown here as a percentage. P/E Ratio The price/earnings ratio for the company is based on the most recent day s closing price and the last forecasted annual earnings per share. Thomson Financial 19

26 Thomson ONE Analytics Manual Chapter 1 The P/E ratio graph compares the P/E ratios of the current company to the overall P/E ratio of the industry that the company is a part of. The graph lists P/E ratios for the last actual reporting period, fiscal year (FY0), and the following fiscal years. Industry Relative The Industry Relative table combines the P/E Ratio information and the EPS Growth information. Calculated estimates for specified fiscal periods for the specific company (Comp) and its industry (Ind) are listed in the table. The P/E of the company in relation to the industry is listed in the Rel column. EPS Growth EPS Growth is the calculated estimates of year on year growth for the selected measure from the prior fiscal year to the current fiscal year, expressed as a percentage. FY0 is the last actual reported earnings per share. FY1 is the mean estimate of earnings per share for the current fiscal year. FY2 and FY3 are the mean estimates of earnings per share for the future fiscal years. TIPS Sorting You can sort the details listed by each of the different column heads by clicking on any of the column heads. The numerical details will be sorted in descending order. To reverse the order of the sort, click the column heading again. Working with Excel To work with data in an Excel spreadsheet, click Export to Excel. An Excel spreadsheet will be launched with all of the information listed. Thomson Financial 20

27 Thomson ONE Analytics Manual Chapter 1 Company Research Through the Company Research screen, you may view different research documents and summary information for any company. Note: In order to receive research, you must have a First Call Web user name and password. You can enter your user name and password by clicking here on the Research screen. The broker entitlements in Thomson ONE Analytics will be the same as this ID for Research and Notes. To View Company Research: 1. Click the Company tab, and then the Research tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. 3. To filter by contributor, click Filter by Contributor. a. Click your desired contributor(s), OR Click Select All to select all contributors. b. Click Go. 4. Select your desired time frame in the Range drop-down menu, OR Enter specific dates in the To and From boxes, and click Go. 5. To view a research report or morning note, click on the desired item. Viewing Company Research for a Specific Time Frame Thomson Financial 21

28 Thomson ONE Analytics Manual Chapter 1 You can choose whether you want to see all full research reports, daily notes, or internal research. Daily notes consist of the morning notes for that company. To view full research reports, click Research. To view daily notes, click Notes. To view documents with product codes associated with the Bond Call product group, click Bond Call. To view internal research, click In-House. Searching for Similar Research Documents You may also search for other documents that are similar to a listed research document. To Search for a Similar Document: 1. Click the Search for similar link after the broker name and document length for the selected document. The Search for Similar pop-up window will appear. Search for Similar Research Window 2. Select your search criteria for each of the available categories. 3. Click Execute Search. Thomson Financial 22

29 Thomson ONE Analytics Manual Chapter 1 Viewing Similar Research To view the most requested reports, click Most-requested research for this company in the Company Summary section. The documents that had the highest readership statistics over the last 30 days will be retrieved. To view the contributors with the most submissions, click Contributors with the most submissions in the Company Summary section. Each of the contributors will be listed with their research and daily notes. The research totals do not reflect a user s individual research permissions, but instead show a complete list of documents received in the database. Not all users have permission to see every document. To view research on peer companies, click View research on peer companies in the Company Summary section. Peer companies are ten (10) companies in the same industry with the closest market cap to your selected company. Batch Printing & Saving Research You may print and save the available research. This requires the locally installed Active X browser component to be turned on. To activate Active X, please contact your local network administrator. To Print / Save Research: 1. Click the check box next to the research item(s) you d like to print or save, OR To print / save the complete list of research, click All. 2. Click the Save icon ( ) to save the research, or click the Print icon ( ) to print the research. Thomson Financial 23

30 Thomson ONE Analytics Manual Chapter 1 Company History On the Company History screen you may view the consensus estimate and pricing history information. To View Company Historical Estimates: 1. Click the Company tab, and then the History tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. Company Historical Estimates Datastream Price History You may view up to two years of historical pricing information in the Datastream Price History chart. To change the date range, click on the desired range above the chart. If you would like to view reported surprise information along with the price information, click Show Surprise. This will add a surprise chart showing the company s actual reported figures versus the consensus figures to the chart. The surprise gauges an analyst s forecast accuracy and is usually a driver of stock movement. A positive surprise means that the company s reported earnings were higher than the forecast. A negative surprise means that the company s reported earnings were lower than the forecast, and an on target surprise means that the forecast equaled the earnings. Thomson Financial 24

31 Thomson ONE Analytics Manual Chapter 1 Historical Consensus The Historical Consensus Table shows a month-by-month listing of the previous two years data. This data can be viewed for annual, interim, or long term growth (LTG) estimates for all measures, including earnings per share (EPS) or sales (SAL) measures. To change the measure or period type, click on the desired links above the table. TIPS To view additional consensus information, click the Consensus tab. The Consensus Estimates table, P/E Ratio graph, Industry Relative table, and EPS graph for the company are displayed. Viewing Research To view any published research for a specific historical date, click the History icon ( ) under the Research Published column. The research is displayed on the Company Research screen. Working with Excel To work with data in an Excel spreadsheet click Export to Excel. An Excel spreadsheet will be launched with all of the information listed. Thomson Financial 25

32 Thomson ONE Analytics Manual Chapter 1 Company Events & News The events calendar contains information sourced directly from over 5,500 companies worldwide. The full First Call Events is available to entitled subscribers. Please call your Customer Service Representative to access the full First Call Events offering. VCalendar is a standard format for calendar information interchange defined by the Internet Mail Consortium. First Call Events provides vcalendar-format event listings that subscribers can download directly into a compatible client or contact manager such as Outlook 98, Outlook 2000 or Lotus Organizer 6. For more information on vcalendar, please visit the Thomson ONE Analytics online Help, or The Corporate Events tab lists upcoming and past events for the company you selected. Some events are listed with a Vcard and/or an audio announcement. Vcards allow you to post the event to your electronic calendar. You may also listen to announcements. The Filings tab lists all of the SEC filings associated with the selected company. Corporate Releases (PR Newswire tab) lists any news releases that have been recently submitted. Each news item is listed with the date and time it was submitted. The news items are displayed in a new window. To view the full calendar for your selected company, click View Full Calendar in First Call Events. To View Company Events and News: 1. Click the Company tab, and then the News & Events tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. 3. Click on your desired news tab (Corporate Events, Filings, PR Newswire). Note: Some Events launch password-protects sites protected by its sponsor. Company News & Events Thomson Financial 26

33 Thomson ONE Analytics Manual Chapter 1 Company Fundamentals From the Company Fundamentals screen you may view various data on the Company s Income Statement (5 Yr History-Income, 5 Yr History- Common Size, 5 Yr History-Yr/Yr Change, and Interim Report), Balance Sheet (5 Yr History-Balance Sheet, 5 Yr History-Common Size, and 5 Yr History-Yr/Yr Change), Statement of Cash Flow (5 Yr History-Cash Flow, 5 Yr History-Sources and Uses, and 5 Yr History-FASB), and Financial Ratios & Growth Rates (5 Yr History-Annual Ratios, 5 Yr Averages, and 5 Yr History-Performance & Growth). Thomson Financial s Worldscope data is presented in the fundamentals table and uses various industry templates. The Worldscope database contains international financial information in a standardized format that facilitates comparisons between companies, countries, regions, and industries. Covering approximately 90% of the world s stock market value, Worldscope includes records on more than 35,000 public companies representing over 50 emerging and established markets for the past five fiscal years. To View Company Fundamentals: 1. Click the Company tab, and then the Fundamentals tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. 3. Click the upper tabs in the Worldscope Fundamentals table to view the company s Income Statement, Balance Sheet, Statement of Cash Flow, and Financial Ratios and Growth Rates. 4. Select your desired statement from the drop-down menu. 5. Select your desired Years, Scale and Currency from the appropriate drop-down menus. Company Financial Fundamentals Thomson Financial 27

34 Thomson ONE Analytics Manual Chapter 1 Company Institutional Holdings Thomson Financial/Carson provides the institutional 13F disclosure holdings data in Thomson ONE Analytics. Thomson Financial/Carson is a global provider of capital markets information and advisory services relating to equity ownership and market activity to over 4,500 publicly traded companies and financial professionals in 45 countries. The institutional holdings are generally updated quarterly. To view the exact date that an index was updated, click your desired index. The date is posted at the bottom of the report. To View Institutional Holdings: 1. Click the Company tab, and then the Inst. Holdings tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. Institutional Holdings Tables Thomson Financial 28

35 Thomson ONE Analytics Manual Chapter 1 Each of the tables provide different information about the company's shareholders, its concentration in different institutions, the investment style, and buyers and sellers of the stock. Furthermore, the Top 20 Holders, Top 5 Buyers, Top 5 Sellers, and Top 10 Mutual Fund Holders tables break down shareholder information into institutions, shares held, change, percent of ownership, turnover, style, investment type, and filing date. TIPS Clicking any of the institution hyperlinks opens a page describing the institution, its largest holdings, and its industry weightings. Clicking any of the style or turnover descriptor hyperlinks provides their definitions. Thomson Financial 29

36 Chapter 2 The Portfolio Tab Overview & Objectives The Thomson ONE Analytics Portfolio functionality allows you to create, edit, and track movement in your portfolios or a group of stocks that you re interested in. Furthermore, you may quickly obtain research on and track forecasts for the companies in your portfolios. This chapter guides you on how to manage your portfolio information in Thomson ONE Analytics. Selecting a Portfolio You may view all of the following information for a portfolio by using the Select a Portfolio drop-down menu. Select your desired portfolio from the menu. Your desired portfolio will be loaded into the page. Selecting a Portfolio Thomson Financial 30

37 Thomson ONE Analytics Manual Chapter 2 Thomson Connect Thomson Connect is a relationship-based communication system. From the Company and Portfolio pages, you may view your Inbox or Create a New Package. Your Inbox shows packages sent to you filtered by Company. Click the Inbox ( ) icon to go to your Inbox. You may create a new package by clicking on the Create ( ) icon. For more details on Thomson Connect, see p Portfolio Snapshot The Portfolio Snapshot page includes a variety of market and company information for your selected portfolio. To View a Portfolio Snapshot: 1. Click the Portfolio tab, and then the Snapshot tab. 2. If it s not already loaded, select your desired portfolio from the Select a Portfolio drop-down menu. 3. Click your desired tab, Price Chg vs. EPS Growth or Price vs. EPS. Portfolio Price Change vs. EPS Growth Report Thomson Financial 31

38 Thomson ONE Analytics Manual Chapter 2 TIPS: You may click on any one of the quadrants of the chart to filter the portfolio list to just show the companies in that quadrant. To return to the original view, click Return. To convert the portfolio to one currency, select your desired currency from the drop-down menu above the table. View Portfolios Overview The Portfolio Overview shows the current activity of the companies in your portfolio. To View a Portfolio Overview: 1. Click the Portfolio tab, and then the Snapshot tab. 2. If it s not already loaded, select your desired portfolio from the Select a Portfolio drop-down menu. View Portfolio Overview Portfolio Price Changes This chart shows the five companies with the greatest change in price over the past day, along with the five companies that had the worst percent change in price in your portfolio. To view a company report on a listed company, click on its ticker symbol on the chart. Thomson Financial 32

39 Thomson ONE Analytics Manual Chapter 2 Portfolio Growth and P/E This chart shows the measure of the aggregate P/E and Growth of your portfolio as compared to your default benchmark. Your default benchmark can be changed in the Utilities section. See Creating / Updating your Preferences & Defaults on page 6 for more information. Recent Research All of the research reports submitted on companies in your portfolio in the last 24 hours are displayed here. To open a report, click on its report title. Company Reports The following are various reports available for the companies in your portfolios: Revisions summarizes estimate and recommendation changes over the past four (4) weeks Valuation highlights the relationship of different forecast measures to a stock price Momentum displays how the consensus has shifted for analysts forecast measures Growth displays expected forecast change over a variety of periods Consensus highlights the consensus forecasts for a variety of periods in one view Surprise compares a company's reported numbers to an analyst's forecast Thomson Financial 33

40 Thomson ONE Analytics Manual Chapter 2 Revisions The Revisions report summarizes the different estimate and recommendation changes to an existing forecast over the past 4 weeks. This report shows the total number of estimates that were changed by analysts in each direction. New estimates are not classified as revisions. To View Revisions: 1. Click the Portfolio tab, and then the View Portfolios tab. 2. Select your desired portfolio from the Select a Portfolio drop-down menu. 3. Click the Company Reports tab. The Revisions tab is highlighted by default. 4. Select your desired measure in the Available Measures row. 5. Select your desired fiscal period in the Available Periods row. Viewing Portfolio Revisions TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order of the sort, click the column head again. Viewing Company Information To view a company report on any of the listed companies, click the desired company name. The Company Snapshot for the selected company will be displayed. Working with Excel To work with data in an Excel spreadsheet, click Export to Excel. An Excel spreadsheet will be launched with all of the information listed. Thomson Financial 34

41 Thomson ONE Analytics Manual Chapter 2 Valuation The Valuation report highlights the relationship of several different forecast measures to a security s price. To View Valuation: 1. Click the Portfolio tab, and then the View Portfolios tab. 2. Select your desired portfolio from the Select a Portfolio drop-down menu. 3. Click the Company Reports tab. 4. Click the Valuation tab. 5. Select your desired measure in the Available Measures row. Viewing Portfolio Valuation TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order of the sort, click the column head again. Viewing Company Information To view a company report on any of the listed companies, click the desired company name. The Company Snapshot for the selected company will be displayed. Working with Excel To work with data in an Excel spreadsheet, click Export to Excel. An Excel spreadsheet will be launched with all of the information listed. Thomson Financial 35

42 Thomson ONE Analytics Manual Chapter 2 Momentum Estimate changes can be measured in two ways, by pace (how many estimates have changed) or by severity (how much the consensus has shifted). The Momentum report displays how much the consensus has shifted for the forecast measures that analysts provide. To View Momentum: 1. Click the Portfolio tab, and then the View Portfolios tab. 2. Select your desired portfolio from the Select a Portfolio drop-down menu. 3. Click the Company Reports tab. 4. Click the Momentum tab. 5. Select your desired currency from the Local Currency drop-down menu. 6. Select your desired measure in the Available Measures row. 7. Select your desired fiscal period in the Available Periods row. Viewing Portfolio Momentum TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order of the sort, click the column head again. Viewing Company Information To view a company report on any of the listed companies, click the desired company name. The Company Snapshot for the selected company will be displayed. Thomson Financial 36

43 Thomson ONE Analytics Manual Chapter 2 Growth The Growth report displays how a forecast item is expected to change over a variety of time periods. The annual growth rates are calculated from reported numbers and/or consensus forecasts. The long-term growth (LTG) estimate is the median calculated from discrete forecasts for a single business cycle. The historic growth rate is a regression calculated value of earning per share dividends over the past 20 quarters, or 5 years, based on reporting schedules. To View Growth: 1. Click the Portfolio tab, and then the View Portfolios tab. 2. Select a portfolio from the Select a Portfolio drop-down menu. 3. Click the Company Reports tab. 4. Click the Growth tab. 5. Select your desired currency from the Local Currency drop-down menu. 6. Select your desired measure in the Available Measures row. Viewing Portfolio Growth TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order, click the column head again. Viewing Company Information To view a company report on any of the listed companies, click the desired company name. The Company Snapshot for the selected company will be displayed. Thomson Financial 37

44 Thomson ONE Analytics Manual Chapter 2 Consensus The consensus report highlights the consensus forecasts for a variety of periods in one view. To View Consensus: 1. Click the Portfolio tab, and then the View Portfolios tab. 2. Select a portfolio from the Select a Portfolio drop-down menu. 3. Click the Company Reports tab. 4. Click the Consensus tab. 5. Select your desired currency from the Local Currency drop-down menu. 6. Select your desired measure in the Available Measures row. Viewing Portfolio Consensus TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order, click the column head again. Viewing Company Information To view a company report on any of the listed companies, click the desired company name. The Company Snapshot for the selected company will be displayed. Thomson Financial 38

45 Thomson ONE Analytics Manual Chapter 2 Surprise The surprise report compares a company's reported numbers to an analyst's forecast To View Surprise: 1. Click the Portfolio tab, and then the View Portfolios tab. 2. Select a portfolio from the Select a Portfolio drop-down menu. 3. Click the Company Reports tab. 4. Click the Surprise tab. 5. Select your desired currency from the Local Currency drop-down menu. 6. Select your desired measure in the Available Measures row. Viewing Portfolio Consensus TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order, click the column head again. Viewing Company Information To view a company report on any of the listed companies, click the desired company name. The Company Snapshot for the selected company will be displayed. Thomson Financial 39

46 Thomson ONE Analytics Manual Chapter 2 Portfolio Research Summary Research The Portfolio Research Summary screen lists the total count of research items available for companies within a specific time period. You can choose whether you want to see research and notes, research reports, or daily notes. Daily notes consist of the morning notes for that company. To view commingled research reports and notes, click Research/Notes (this option is selected by default). To view research reports, click Research or to view daily notes, click Notes. To view documents with product codes associated with the Bond Call product group, click Bond Call. To enter research summary criteria: 1. Click the Portfolios tab, and then the Research tab. 2. Select your desired date range. You may select relative dates (Last 1 Week, Last 3 Months, etc.) from the Range drop-down menu, or absolute dates (specific days) by typing your desired dates in the To and From fields. 3. Click Go. TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order, click the column head again. Viewing Company Information To view a company report on any of the listed companies, click the desired ticker or company name. The Company Snapshot for the selected company will be displayed. Portfolio Research Summary Thomson Financial 40

47 Thomson ONE Analytics Manual Chapter 2 Detail Research The research detail lists all recently published research documents that contain information on the companies in your portfolio. You can choose whether you want to see research and notes, research reports, or daily notes. Daily notes consist of the morning notes for that company. To view commingled research reports and notes, click Research/Notes (this option is selected by default). To view research reports, click Research or to view daily notes, click Notes. To view documents with product codes associated with the Bond Call product group, click Bond Call. To view more research documents, click the right arrow at the bottom of the list. To view the last documents on the list, click the right arrow with the vertical bar at the bottom of the list. To view the previous documents on the list, click the left arrow. To view the first documents on the list, click the left arrow with the vertical bar at the bottom of the list. To enter research detail criteria: 1. Click the Portfolios tab, and then the Research tab. 2. Select your desired date range. You may select relative dates (Last 1 Week, Last 3 Months, etc.) from the Range drop-down menu, or absolute dates (specific days) by typing your desired dates in the To and From fields. 3. To filter research by contributor, click the Filter by Contributor check box and select your desired contributors. 4. To only view reports based on your primary ticker, click the Reports on Primary Ticker check box. 5. Click Go. Portfolio Research Detail Thomson Financial 41

48 Thomson ONE Analytics Manual Chapter 2 Batch Printing & Saving Research You may print and save the available research. This requires the locally installed Active X browser component to be turned on. To activate Active X, please contact your local network administrator. To Print / Save Research: 1. Click the check box next to the research item(s) you d like to print or save, OR To print / save the complete list of research, click All. 2. Click the Save icon ( ) to save the research, or click the Print icon ( ) to print the research. Searching for Similar Research Documents You may also search for other documents that are similar to a listed research document. To Search for a Similar Document: 1. Click Search for similar at the end of the selected document. The Search for Similar pop-up window will appear. Searching for Similar Research Window 2. Select your search criteria for each of the available categories. 3. Click Execute Search. Thomson Financial 42

49 Thomson ONE Analytics Manual Chapter 2 Maintain Portfolios Manual Entry Note: The best way to create multi-currency portfolios is through the Import function. See Importing, p. 45 for more details. Manually Creating a New Portfolio: 1. Click the Portfolio tab, and then the Maintain Portfolios tab. 2. Click Manual Entry. 3. Select New Portfolio from the Select a Portfolio drop-down menu. 4. To include holdings information, select Holdings, OR Select Portfolio to create a portfolio without holdings. Note: If your portfolio has holdings information, you must enter Manager s Name, Client s Name, Portfolio Currency, Shares Held, Purchase Price, and Local Currency information in the appropriate fields for the company you are listing. 5. Select the permissioning for this portfolio. To enable all users in your organization to view the portfolio, select Public. If you do not want other members of your organization viewing your portfolio, select Private. 6. Enter the name of your portfolio in the Portfolio Name field. 7. Enter the company information for each company in one of the Symbol, Company Name, or CUSIP/SEDOL fields. (Continued) Thomson Financial 43

50 Thomson ONE Analytics Manual Chapter 2 Note: If you do not know one or more of these company identifiers, click Lookup Symbol/Company Name/CUSIP. See Using the Portfolio Lookup Screen below. 8. Click Add/Update to add your company to the portfolio. Creating a New Portfolio without Holdings Creating a New Portfolio with Holdings Thomson Financial 44

51 Thomson ONE Analytics Manual Chapter 2 Symbol Lookup Using the Symbol Lookup Screen: 1. On the Portfolio Manual Entry page, click Lookup Symbol/Company Name/CUSIP. 2. Select the information you are looking for (either Search by Stock Symbol, Search by Company Name begin with, or Search by Company Name contains) from the Choose which item you would like to search for list. 3. Click Search to retrieve the desired information. The company information will be displayed at the bottom of the screen. 4. Click Select to the right of your desired companies. 5. Click Add Selected Cos to add the selected companies to your portfolio. 6. Click Submit List on the confirmation screen. Company Lookup Importing You may import portfolios with or without holdings. Click Download required file format for specific importing requirements. Note: If your portfolio includes holdings, your imported file must meet the following specifications: It must be a comma-separated file (.csv). The currency codes should be ISO currency codes. This is used in currency conversions and must be standard. CUSIPS and SEDOLS should not contain any prefixes. Local tickers should not contain any country or exchange suffixes. Different managers and clients cannot have the same portfolio name. The Ticker, Country Code, Shares (Quantity) and Price fields are required. The company and portfolio exchange rates and portfolio market value fields are required for multiple-currency portfolios. Thomson Financial 45

52 Thomson ONE Analytics Manual Chapter 2 You may set up your own conventions for country names. You must provide a listing when setting up the country names and ISO codes that you d like. We recommend that you include the countries of each stock because ticker/cusip/sedol matches will be based on the listed country information. To Import a New Portfolio: 1. Click the Portfolio tab, and then the Maintaining Portfolios tab. 2. Select New Portfolio from the Select a Portfolio drop-down menu. 3. Click the Import tab. 4. Enter the name and absolute path of the file you d like to import in the Source File, OR Click Browse. Select the file and click Open. The file name and its absolute path will now be listed in the Source File field. 5. Enter your portfolio name in the Portfolio Name field. 6. Indicate if your portfolio includes holdings. If it includes holdings, your file must meet specifications outlined above. 7. Select the proper identification for the companies in your file by using the How are the companies in your file identified drop-down menu. 8. Select whether you want the portfolio to be public or private. If it is public, every user in your company can view it. If it is private, only you can view the portfolio. 9. Click Import. If the file has met all required specifications, it will be imported. Note: Once you have imported a portfolio, you will no longer see the portfolio name that was previously listed in the current view. The imported portfolio takes precedence over any previously listed portfolio and will be listed in the current view. When importing multiple portfolios, the first portfolio name you have in the file will appear in the current view. Importing a New Portfolio Thomson Financial 46

53 Thomson ONE Analytics Manual Chapter 2 Migrating Portfolios from First Call Web If you are a user of First Call Web, you may import your First Call Web portfolios into Thomson ONE Analytics using this feature. This process will create an identical portfolio in the Thomson ONE Analytics site. In the main table, all of the First Call Web portfolios that correspond to your First Call Web username are listed. To begin the migration process, click on the Import FC Web Portfolios tab, and then the Migrate button to the right of one of the portfolios. This will start the import process for that portfolio. If there are any identifier conflicts because of the differences in the two applications, you will be presented with a Confirmation page. From here you will be able to reconcile unmatched records and multiple identifiers. If a portfolio has already been migrated, you will see a date in the Migrated On filed in the main table Editing You may add another company, change a company that is listed, or remove a listed company from any portfolio that you created. An asterisk (*) next to the portfolio s name indicates a portfolio that you created. Manual Editing To Manually Edit a Portfolio: 1. Click the Portfolio tab, and then the Maintaining Portfolios tab. 2. Select the portfolio that you d like to edit from the Select a Portfolio drop-down menu. 3. Click the Manual Entry tab. 4. To add another company to the portfolio, enter the company information for each company in one of the Symbol, Company Name, or CUSIP/SEDOL fields. Note: If you do not know one or more of these company identifiers, click Lookup Symbol/Company Name/CUSIP. See Using the Portfolio Lookup Screen. 5. Click Add/Update to add your company to the portfolio. Thomson Financial 47

54 Thomson ONE Analytics Manual Chapter 2 6. To make changes to a listed company entry, select Edit to the right of the desired company. Once you have entered your changes, click Add/Update. 7. To remove a listed company entry, click Remove to the right of the desired company. 8. To save your changes, click the Save As icon ( ). Manually Editing a Portfolio Import Editing To Edit a Portfolio by Importing a File: 1. Click the Portfolio tab, and then the Maintaining Portfolios tab. 2. Click the Import tab. 3. Select the portfolio you d like to edit from the Select a Portfolio drop-down menu. Note: You can only edit a portfolio that you created. An asterisk (*) next to the portfolio s name indicates a portfolio you created. 4. Enter the name and absolute path of the file you d like to import in the Source File, OR Click Browse. Select the file and click Open. The file name and its absolute path will now be listed in the Source File field. 5. Click the Append box if you want to append the list you are importing to the portfolio that is currently listed. 6. Select the proper identification for the companies in your file by using the How are the companies in your file identified drop-down menu. Thomson Financial 48

55 Thomson ONE Analytics Manual Chapter 2 7. Select whether you want the portfolio to be public or private. If it is public, users in your company can view it. If it is private, only you can view the portfolio. 8. Click Import. Note: You cannot append a portfolio that includes holdings to a portfolio without holdings. Editing a Portfolio through Importing Deleting To Delete a Portfolio: 1. Click the Portfolio tab, and then the Maintaining Portfolios tab. 2. Select the portfolio that you d like to delete from the Select a Portfolio drop-down menu. 3. Click the Delete icon ( ) on the top of the Manual Entry box. Note: You may only delete a portfolio that you created. 4. Click OK in the confirmation window to delete the portfolio. If you do not want to delete the portfolio, click Cancel. Deleting a Portfolio Thomson Financial 49

56 Thomson ONE Analytics Manual Chapter 2 Attribute Settings From this area of Thomson ONE Analytics, you may change the various attributes for any portfolio that you have created. Note: The Attribute Settings screen is only available for portfolios that you have created. To Update your Portfolio Attribute Settings: 1. Click the Portfolio tab, and then the Maintain Portfolio tab. 2. If it s not currently loaded, select your desired portfolio (that you created) from the Select a Portfolio drop-down menu. 3. Click the Attribute Settings tab. 4. To change your portfolio name, type your desired new name in the Name field and click Update. 5. To change your portfolio s permissioning, select either Public or Private and click Update. Public portfolios are viewable by every user in your company. Private portfolios are only viewable by you. 6. To delete your portfolio s name, click Clear Portfolio Name. 7. To restore your portfolio s original name, click Restore Portfolio Name. 8. If your portfolio has holdings, you may change the manager s name, client s name, and currency by selecting your desired currency from the drop-down menu. Portfolio Attribute Settings without Holdings Portfolio Attribute Settings with Holdings Thomson Financial 50

57 Thomson ONE Analytics Manual Chapter 2 Portfolio Holdings Portfolio holdings show the cost basis and market value for the companies in your portfolio. Additionally, the holdings table at the bottom provides the following details about the portfolio: Ticker: The ticker symbol for each company in the portfolio. Name: The company name of each company in the portfolio. Currency: The currency of the company in the portfolio. Quantity: The number of shares held of each company. Price: The most recent updated price per share of the company from the portfolio import. Note: This does not draw upon Thomson ONE Analytics Datastream pricing databases. MKT Value: The market value is the current market capitalization from the I/B/E/S database, shown in the portfolio currency. Gain/Loss: This is the amount that has been gained/lost in the portfolio comparing the purchase price to currency of the current price. %Assets: The Percent Assets is the holding of the specific company in relation to the entire portfolio. To View Portfolio Holdings: 1. Click the Portfolio tab, and then the Holdings tab. 2. If it s not currently loaded, select your desired portfolio (with holdings) from the Select a Portfolio drop-down menu. Viewing Portfolio Cost Basis & Market Value Thomson Financial 51

58 Thomson ONE Analytics Manual Chapter 2 TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order, click the column head again. Viewing Company Information To view a company report on any of the listed companies, click the desired company name. The Company Snapshot for the selected company will be displayed. Working with Excel To work with data in an Excel spreadsheet, click Export to Excel. An Excel spreadsheet will be launched with all of the information listed. Thomson Financial 52

59 Chapter 3 The Markets Tab Overview & Objectives In addition to evaluating securities, many strategists take an aggregate approach to evaluate and select markets, sectors, and securities. A market s performance is often an indicator of how a particular security may perform. Thomson ONE Analytics provides numerous approaches to market-level data. You may search on specific countries, sectors, indices, etc. You may also view Datastream macroeconomic indicators to understand underlying economic trends. This chapter outlines the marketlevel data and the related content and functionality available through Thomson ONE Analytics. Markets Snapshot The Markets Snapshot page displays research headlines that focus on economic trends and strategy for a particular region. The research headlines scroll in a date and time sequence. Thomson Financial 53

60 Thomson ONE Analytics Manual Chapter 3 To View Market Snapshot: 1. Click the Markets tab, and then the Snapshot tab. Market Snapshot Top 5 & Bottom 5 Revisions The Top 5 and Bottom 5 Revisions table lists the countries that had the greatest number of revisions up and down. The values in this table are updated monthly. The number of estimates (#Ests), number of revisions up (Up) and number of revisions down (Dn) are listed. The percentage of revisions up and down are also listed under %Up and %Dn. These values are based on the total number of revisions up or down for all companies in the given country and the total number of revisions for all companies. The countries in red are the countries with the greatest %Dn, while the countries in green are the ones with the greatest %Up. To view the revisions section of the country aggregate report, click View Country Aggregate Report Revisions. Indices at a Glance The Indices at a Glance graph displays the Growth and P/E Ratios for different world indices over a 12 month forward (12MF) time period. To view more information about indices, click View Indices. Thomson Financial 54

61 Thomson ONE Analytics Manual Chapter 3 Top 5 & Bottom 5 Growth Countries The Top 5 and Bottom 5 Growth Countries table lists the countries with the most and least expected growth. The growth numbers from the underlying companies are updated monthly. The countries in red are the countries with least growth, while the countries in green are the ones with the greatest growth. Overall world growth is also listed here. To view the growth section of the country aggregate report, click View Country Aggregate Report Growth. Recent Economic Research Recent Economic Research displays research headlines focusing on strategy and economic trends in a particular region. To view a report about a recently listed economic event, click your desired headline. TIP Scrolling headlines are limited to a single region. To change the current region, select your desired region in the Utility section. See Account Defaults, p. 8 for more information. Markets Country Aggregates From the Country Aggregates screen you may view different types of country aggregate data reports and sort them according to your desired criteria. This information helps you compare different countries aggregated data to monitor trends and then make superior investment decisions. The following aggregate information is available: Fiscal Year Overview (FY Overview) lists aggregate data items, such as a summary of key measures (EPS Mean, P/E Ratio, Growth, etc.) and various revisions data for available countries over different fiscal periods. Valuation shows P/E Ratio and Dividend information for available countries across different fiscal periods. Growth shows aggregate growth information for available countries across different fiscal periods. Revisions shows EPS 1 Month % Change and Revisions data across different fiscal periods for available countries. Risk shows Earnings per Share and Coefficient of Variation information across different fiscal periods for available countries. See the Glossary for more information on EPS and Coefficient of Variation. Thomson Financial 55

62 Thomson ONE Analytics Manual Chapter 3 To View Country Market Aggregates: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Select your desired data: Overview, Valuation, Growth, Revisions, or Risk. Country Market Aggregates TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order, click the column head again. Working with Excel To work with data in an Excel spreadsheet, click Export to Excel. An Excel spreadsheet will be launched with all of the information listed. Thomson Financial 56

63 Thomson ONE Analytics Manual Chapter 3 Viewing Country-Specific Data From the main Country Aggregate page, you may drill down to view country-specific data, such as overview, history, sector, industry, indices, charts, and economics. Overview Data The Country Overview page summarizes the consensus outlook for your selected market or index as well as provides general market activity data. To View Country Overview data: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Click your desired country 3. Click the Overview tab. Country Overview Thomson Financial 57

64 Thomson ONE Analytics Manual Chapter 3 Historical Data The aggregate history table shows a month-by-month historical forecast snapshot of a market or index using measures that appear in the country aggregates report. The following historical data is available: History Overview (FY Overview) lists aggregate data items for the selected country over different fiscal periods. Valuation shows P/E Ratio and Dividend information for the selected country across different fiscal periods. Growth shows aggregate growth information for the selected country across different fiscal periods. Revisions shows EPS 1 Month Percent Change and Revisions data across different fiscal periods for the selected country. Risk shows Earnings per Share and Coefficient of Variation information across different fiscal periods for the selected country. See the Glossary for EPS and Coefficient of Variation definitions. To View Country Historical Data: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Select your desired country. 3. Click the History tab. 4. Select your desired historical data: Overview, Valuation, Growth, Revisions, or Risk. 5. Select your desired period in the Available Periods row. Country Aggregate Historical Data Thomson Financial 58

65 Thomson ONE Analytics Manual Chapter 3 Sector Data The country sector data provides summary sector-level forecasts information for I/B/E/S country-level aggregates. Sector codes are based on S&P codes for the U.S. and Canada, and MSCI codes for all other countries. The Current Forecasts table compares the sectors in the selected country using growth and valuation measures, such as P/E and Growth. To View Country Sector Data: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Select your desired country. 3. Click the Sector tab. Country Sectors Industry Data The country industry data provides summary industry-level forecasts for I/B/E/S country-level aggregates. Industry codes are based on S&P codes for the U.S. and Canada, and MSCI codes for all other countries. The Current Forecasts table compares the industries in the selected country using growth and valuation measures, such as P/E and Growth. To View Country Industry Data: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Select your desired country. 3. Click the Industries tab. Country Industries Thomson Financial 59

66 Thomson ONE Analytics Manual Chapter 3 Market Indices From the Market Indices area, you may view aggregate forecast measures about your selected country market based on local market or third party indices. To View Country Market Indices: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Click on your desired country. 3. Click the Indices tab. 4. Select your desired filter: Country, Sector, or Industry. 5. To view an index-specific report, click either the Identifier or the Name. Country Market Indices Aggregate Charts The Country Aggregate area allows you to view charts illustrating aggregate data items for the selected market. You may view the PE vs. Inverse Government Bond Yield chart or the P/E Bond Yield Ratio chart. If these charts do not illustrate the information you need, you may create a custom chart based on a variety of measures. Thomson Financial 60

67 Thomson ONE Analytics Manual Chapter 3 Viewing Charts To View Aggregate Charts: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Click on your desired country. 3. Click the Charts tab. 4. Select your desired chart, either PE vs. Inverse Government Bond Yield, or P/E Bond Yield Ratio. Country Aggregate Chart Creating Custom Charts To Create Custom Aggregate Charts: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Click on your desired country. 3. Click the Charts tab. 4. Click Custom Chart. 5. Select your desired data item for the left and right axis. 6. Click OK. Creating a Custom Country Aggregate Chart Thomson Financial 61

68 Thomson ONE Analytics Manual Chapter 3 Economics From the Country Economics page, you may view macro and monetary indicator charts from the Datastream database. Datastream s global database holds millions of time series for financial instruments, securities and indicators for over 175 countries and 60 markets worldwide, including 30 years or more historical depth for some series. Data is sourced directly from exchanges, leading international and local suppliers, and published reports. Macro Key Indicators include: the Annual GDP % Change, the Unemployment Rate (as a percentage), the Government Budget Surplus/Deficit, and the Annual CPI % Change. The Monetary Indicators include: the Long Term Government Bond Yield, the Short Term Market Interest Rate, the country s monetary unit compared to the US Dollar, and the country s monetary unit compared to the Euro Dollar. Note: Once you have drilled down to country-specific information pages, you must use the Back button to return to the main aggregate screen. To View Country Economics: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Click on your desired country. 3. Click the Economics tab. 4. Select your desired indicator (Macro Key or Monetary). Country Market Economics Thomson Financial 62

69 Thomson ONE Analytics Manual Chapter 3 Market Index Search In the Index Search section, you may search for a particular index in the I/B/E/S Global Aggregates databases. The three databases, Global Aggregates, Sector & Industry Aggregates, and S&P 500 Aggregates, provide aggregated quantitative information to help you make asset allocation and global valuation decisions consistent with your investment style. This data includes revision activity and historical data to help you identify trends and changes in market sentiment. You may use this information for cross-border valuation analysis, for comparison of one market to another, for each market to its historical averages, or for each stock to its home market. To Search for Index Aggregates: 1. Click the Markets tab, and then the Index Search tab. 2. Select the country you wish to search on from the Select Country list. 3. Select Country, Sector, or Industry for the aggregate type. If you know part of the index name, you may type it in the Search by Name box. 4. Click Go. All indices for the country that you selected are displayed, along with their P/E forecast, Growth forecast, Estimates Up, and Estimates Down information. Market Index Aggregates Thomson Financial 63

70 Thomson ONE Analytics Manual Chapter 3 TIPS To view the aggregate report for a specific index, click the Identifier or Name of the desired index. The index report overview will be displayed. Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order, click the column head again. Working with Excel To work with data in an Excel spreadsheet, click Export to Excel. An Excel spreadsheet will be launched with all of the information listed. Overview Index Search From the Markets Reports you can view summary information about the selected market or index in addition to general information about the market s activity. To View Overview Index Information: 1. Click the Markets tab, and then the Index Search tab. 2. Select your desired country from the Select Country box. 3. Select your desired aggregate type: All, Country, Sector, or Industry. 4. Click Go. 5. Click either the Identifier or Name of your desired index. 6. Click the Overview tab. Market / Index Overview Thomson Financial 64

71 Thomson ONE Analytics Manual Chapter 3 One Month % Chg in 12-Mon-Fwd EPS This graph shows the monthly change in the aggregate 12-month forward EPS over the last year for the selected country or index. Change in EPS Forecast This graph shows the aggregate one-month percent change in EPS for each fiscal year. Consensus EPS Forecast This graph shows the current aggregate EPS mean for each fiscal year. 12-Month Forward Growth and P/E This graph shows the current aggregate 12-month forward EPS growth and P/E data vs. the EPS growth and P/E average over the past five years. TIP To view the above information for a different market or index, enter the name of the market or index in the Select Another Market box and click Go. The information for the selected market or index will be displayed. Thomson Financial 65

72 Thomson ONE Analytics Manual Chapter 3 Historical Index Search To View Historical Aggregates: 1. Click the Markets tab, and then the Index Search tab. 2. Select your desired country from the Select Country box. 3. Select your desired aggregate type: All, Country, Sector, or Industry. 4. Click Go. 5. Click either the Identifier or Name of your desired index. 6. Click the History tab, and then your desired tab: FY Overview, Valuation, Growth, Revisions, or Risk. 7. Click your desired period from the Available Periods row (for FY Overview only). Historical Index Aggregate Report Index Charts The Index Aggregate area allows you to view charts illustrating aggregate data items for the selected index. You may view the PE vs. Inverse Government Bond Yield chart or the P/E Bond Yield Ratio chart. If these charts do not illustrate the information you need, you may create a custom chart based on a variety of measures. Thomson Financial 66

73 Thomson ONE Analytics Manual Chapter 3 Viewing Charts To View Index Charts: 1. Click the Markets tab, and then the Index Search tab. 2. Select your desired country from the Select Country box. 3. Select your desired aggregate type: All, Country, Sector, or Industry. 4. Click Go. 5. Click either the Identifier or Name of your desired index. 6. Click the Charts tab. 7. Select your desired chart, either PE vs. Inverse Government Bond Yield, or P/E Bond Yield Ratio. Index Aggregate Chart Thomson Financial 67

74 Thomson ONE Analytics Manual Chapter 3 Creating Custom Charts To Create Custom Aggregate Charts: 1. Click the Markets tab, and then the Index Search tab. 2. Select your desired country from the Select Country box. 3. Select your desired aggregate type: All, Country, Sector, or Industry. 4. Click Go. 5. Click either the Identifier or Name of your desired index. 6. Click the Charts tab. 7. Click Custom Chart. 8. Select your desired data item for the left and right axis. 9. Click OK. Creating a Custom Index Aggregate Chart Markets Commentary The Commentary area allows you to search for and view proprietary market strategy reports from Thomson Financial on markets worldwide. By default, documents over the last month are shown. Thomson Financial 68

75 Thomson ONE Analytics Manual Chapter 3 To View Markets Commentary: 1. Click the Markets tab, and then the Commentary tab. 2. Select your desired time frame in the Range drop-down menu, OR Enter specific dates in the To and From boxes, and click Go. If you re unsure of specific dates, click Show Calendar and select your desired dates from the calendar. 3. To view a specific commentary, click on the desired item. Markets Commentary Batch Printing & Saving Research You may print and save the available research. This requires the locally installed Active X browser component to be turned on. To activate Active X, please contact your local network administrator. To Print / Save Research: 1. Click the check box next to the research item(s) you d like to print or save, OR To print / save the complete list of research, click All. 2. Click the Save icon ( ) to save the research, or click the Print icon ( ) to print the research. Thomson Financial 69

76 Thomson ONE Analytics Manual Chapter 3 Markets Quick Aggregates You may create Quick Aggregate reports that are tailored to your specific data needs. The aggregate data is calculated in real-time and are compared to the aggregate values for companies in your selected benchmark. To Create Quick Aggregate Reports: 1. Click the Markets tab, and then the Quick Aggregates tab. 2. Select your desired country from the Choose one or more Countries box. 3. Select your desired industry from the Choose one or more Industries box. Note: You may select multiple countries and industries by holding the Ctrl key down while making your selections. Industry codes are based on S&P codes for the U.S. and Canada, and MSCI codes for all other countries. 4. Select your desired benchmark for comparison in the Select a Benchmark for comparison drop-down menu. 5. Click Calculate Aggregate. Thomson ONE Analytics calculates quick aggregates using the I/B/E/S Global Aggregates methodology. 6. Click your desired measure in the Available Measures row. 7. Click View Company Data. Quick Aggregate and Constituent Report Thomson Financial 70

77 Chapter 4 The Screening Tab Overview & Objectives The Thomson ONE Analytics screening functionality allows you to perform a variety of criteria-based searches. These searches take a topdown approach for quantitative company data and broker and analyst statistics. This chapter provides instruction on the screening functionality, enabling you to strategically allocate your assets. Screening Snapshot The Screening Snapshot page provides you with price change, P/E Ratio and News information for a selected country. Thomson Financial 71

78 Thomson ONE Analytics Manual Chapter 4 To View a Screening Snapshot: 1. Click the Screening tab, and then the Snapshot tab. 2. If it s not already loaded, select your desired country from the Select a Country drop-down menu. Screening Snapshot Significant Price Changes The Significant Price Changes chart lists the top five and bottom five companies in the selected country based on price percentage change from the previous day. A green bar next to a listed company indicates a positive price change while a red bar indicates a negative price change. To view more information on a company, click the company s ticker. Earnings News Events The news displayed in this table is generated dynamically for companies that have had activity in the past day. News corresponding to high numbers of revisions and company pre-announcements are some of the types of data displayed here. To view more information on a company, click the company s ticker. P/E Ratios by Sector or Industry This graph compares the P/E Ratio for the current year and the following year. The values for each year shown are the aggregates of the consensus values for the companies included within the sector or industry. Clicking on a sector bar will display the information for all the industries in the selected sector. To return to the original screen, click Back to Sector Page on the top of the graph. Thomson Financial 72

79 Thomson ONE Analytics Manual Chapter 4 Screening Q-Screen With Quantitative Screening, you may create a specified search for companies based on numerical or descriptive data. Numerical data includes criteria such as EPS, CPS, SAL, P/E and Growth, Aggregates, Fundamental and Pricing Data. Descriptive data includes criteria such as Background Information and Research Data. All searches can bring back research via the Research Report tab. To Search for Companies Using Descriptive Data: 1. Click the Screening tab, and then the Q-Screen tab. 2. Select a currency using the Local Currency drop-down menu. Note: This item must always be a part of your screening criteria, as your search results may include companies using different currencies. 3. Select screening criteria from the Screening Categories menu on the left. All of the screening categories have secondary, underlying criteria. For example, if you want to search for companies from a specific sector, click Background Information > Sector Name. 4. Click Include to have the item as part of your search criteria. Click Exclude to prevent the selected item from being part of the search. For example, Emerging Markets is included for the Energy, Public Utilities sector search below. 5. Click your desired search items from the list on the right. To select more than one item, press the Ctrl key as you click on each item. 6. Repeat steps 3-5 as desired. 7. Click the Run icon ( ) to execute your search. All information matching your search criteria will appear in the report at the bottom of the screen. Descriptive Quantitative Screening Thomson Financial 73

80 Thomson ONE Analytics Manual Chapter 4 To Search for Companies Using Numerical Data: 1. Click the Screening tab, and then the Q-Screen tab. 2. Select a currency using the Local Currency drop-down menu. Note: This item must always be a part of your screening criteria, as your search results may include companies using different currencies. 3. Select screening criteria from the menu on the left. All of the screening categories have secondary, underlying criteria. For example, if you want to search for companies based on EPS FY1 MEAN, click Annual EPS Estimate > EPS Current Yr MEAN. 4. Select an operation for your value, such as Equal to, Greater than, or Less than. These operations will relate the numerical value you enter with the search criteria you selected. 5. Enter your desired value for the criteria in the Value box. 6. Repeat steps 3, 4 and 5 as desired. 7. Click the Run icon ( ) to execute your search. All companies matching your search criteria will appear in the report that is selected at the bottom of the screen. There is a result limit of 500 companies. Numerical Quantitative Data Understanding your Results Your search results are displayed on the bottom of the screen in the Results table. You may view the following results reports: Criteria, Ests, Growth, Value, Momentum, Research, and In-House. The information in the Ests, Growth, Value and Momentum reports is available across different fiscal periods for each company matching your search criteria. Thomson Financial 74

81 Thomson ONE Analytics Manual Chapter 4 Screening Results Tab The Criteria report shows companies based on the selected criteria. The Research reports tab shows the research reports and daily notes on the companies matching your search criteria. To view your results, click the name of the report. To view more information about a company listed in your Ests, Growth, Value, and Momentum results, click the ticker of the desired company. The Company Snapshot screen will be displayed. Working with Filters The combination of your search criteria is known as a filter. Through this screening process, you will pick companies that meet your specific needs. To Save a Filter 1. Create a descriptive and/or a numerical data search (see p ). 2. Run your search, click the Save icon ( ). The Quant Screen Save window will pop up. 3. Enter a unique name for this filter in the Save Filter As box. 4. Choose to save your filter as either Public or Private. If you save the filter as a public filter, all the members of your company will be able to use this filter. If you save the filter as private, you will be the only member of your company who will be able to use the filter. 5. Click Save. If you do not want to save the filter, click Cancel. Note: Filters that you have created and saved appear with an asterisk (*) in the Select Saved Filters list. Thomson Financial 75

82 Thomson ONE Analytics Manual Chapter 4 To Edit a Filter: 1. From the Q-Screen page, select your desired filter from the Select Saved Filters drop-down menu. 2. Click Edit next to the item you d like to change. 3. Make your desired changes. 4. To delete criteria from a search, click Delete next to the search criteria you d like to remove. 5. Click the Run icon ( ) to execute the search with your new search criteria. 6. To save the edited filter, click the Save As icon ( ). 7. Enter a unique name for this filter in the Save Filter As box, OR To save it as the same filter, select the filter name from the Current Filters drop-down menu. 8. Choose to save your filter as either Public or Private. If you save the filter as public, all the members of your company will be able to use this filter. If you save the filter as a private filter, you will be the only member of your company who will be able to use the filter. 9. Click Save. To Delete a Filter: 1. From the Q-Screen page, select the filter you d like to delete from the Select Saved Filters drop-down menu. Note: You may only delete a filter that you created. 2. Click the Delete icon ( ). 3. Click OK in the confirmation window to delete the filter. Click Cancel if you do not want to delete the filter. Batch Printing & Saving Research You may print and save the available research. This requires the locally installed Active X browser component to be turned on. To activate Active X, please contact your local network administrator. To Print / Save Research: 1. Under the Research results tab, click the check-box next to the research item(s) you d like to print or save, OR To print / save the complete list of research, click All. 2. Click the Save icon ( ) to save the research, or click the Print icon ( ) to print the icon. Thomson Financial 76

83 Thomson ONE Analytics Manual Chapter 4 Screening Broker / Analyst From the Broker / Analyst screen, you may search for and view information for specific brokers or analysts. Viewing Broker Information To View Broker Information: 1. Click the Screening tab, and then the Broker / Analyst tab. 2. If it s not already loaded, select your desired broker from the Select a Broker drop-down menu. Viewing Broker / Analyst Information The information in the Published Research Reports chart changes based on the selected buttons below that chart. Selecting Companies per Analyst (Cos. per Analyst) displays the average numbers of companies covered per analyst at the selected broker, compared to the average numbers of companies covered per analyst at all the listed brokers combined. Selecting Recommendations Distribution (Rec. Distribution) displays a chart of this broker s current recommendations and the number of analysts who made that recommendation. Selecting Research Frequency displays the total number of research reports submitted by the broker in the last day, week, and month. Thomson Financial 77

84 Thomson ONE Analytics Manual Chapter 4 The Top Five Sectors Covered chart displays the relationship of the top five sectors covered by the given broker. Each industry within the sector is identified in the legend to the left. This is based on the amount of companies covered in the given sector. The Analyst Profile table displays all of the contributing analysts at the selected broker showing the numbers of companies followed, industries followed and numbers of revisions and research submitted. To view information about a specific analyst, click the name of the desired analyst listed in the table. Some analysts may follow more than one industry. To view all of the industries followed by a specific analyst, click more under the Industries followed column. The Industries Followed window will appear listing all the industries followed by that analyst. You may filter the analyst profiles so that only the analysts following a specific industry are displayed. To filter the analyst profiles, select the industry you d like to view from the Filter by Industry drop-down menu. To view the analyst information for all industries, click Select All from the Filter by Industry drop-down menu. Thomson Financial 78

85 Thomson ONE Analytics Manual Chapter 4 Viewing Detailed Analyst Information To View Detailed Analyst Information: 1. Click the Screening tab, and then the Broker / Analyst tab. 2. If the corresponding broker to your desired analyst isn t loaded, select the appropriate broker from the Select a Broker drop-down menu. 3. Click the name of your desired analyst from the Analyst Profile table. 4. Select your desired measure and period from the Available Measures and Available Periods rows. Note: Recommendations are mapped to a five (5)-category scale to facilitate comparisons between analysts and brokers. Viewing Analyst Information Information for the selected analyst is displayed in tabular format at the top of the screen. The Recommendations table lists the analyst s different recommendations. Thomson Financial 79

86 Thomson ONE Analytics Manual Chapter 4 The Earnings Surprise table lists the analyst s earnings surprise information. The High bar shows how many earnings estimates were higher than the actual reported earnings. The Low bar shows the amount of estimates lower than the actual, while the Target bar shows the amount of estimates that matched the actual. The Recent Research table lists all the research reports submitted by that analyst. To open a report, click on the report title. Note: In order to receive research, you must have a First Call Web user name and password. You can enter your user name and password by clicking here on the Recent Research table. The broker entitlements in Thomson ONE Analytics will be the same as this ID for Research and Notes. To view this information for a different analyst, select the desired analyst from the Select an Analyst drop-down menu. Comparing Two Analysts Forecasts Comparing how different analysts rate a company may help you to determine your own value for that company. Through Thomson ONE Analytics, you may compare the forecasts of two different analysts that have at least one company in common. Thomson Financial 80

87 Thomson ONE Analytics Manual Chapter 4 To Compare two Analysts: 1. Click the Screening tab, and then the Broker / Analyst tab. 2. If the corresponding broker to your desired analyst isn t loaded, select the appropriate broker from the Select a Broker drop-down menu. 3. Click your desired analyst from the Analyst Profile table. 4. Click Compare in the results table. 5. Select the analyst you d like to compare from the Choose an analyst drop-down menu. 6. To view only the analysts matching companies, click the Show only matching companies check box. 7. Select your desired measure from the Available Measures list. Comparing Analyst Portfolios TIPS Sorting Each column in the table is sortable. You may sort on any field by clicking on the column head. The data will be sorted in descending order. To reverse the order of the sort, click the column head again. Working with Excel To work with data in an Excel spreadsheet, click Export to Excel. An Excel spreadsheet will be launched with all of the information listed. Viewing Additional Information To view the analyst s estimate history for a company, click the History ( ) icon. You may view detailed company information by clicking on the company s name. Thomson Financial 81

88 Thomson ONE Analytics Manual Chapter 4 Screening Research You may search for research reports based on document key words that are entered into the report. Quick Search The Thomson ONE Analytics Quick Search section allows you to create a free-text type of search for research documents. You may search on any or all of the available criteria. To Create a Quick Search: 1. Click the Screening tab, and then the Research tab. 2. Click the Quick Search tab. 3. Select your desired products. 4. To select a date range, specify if you d like a Relative or Absolute date. Relative dates allow you to pick a time period, such as Last 1 Month. Absolute Dates allow you to enter a specific date range for the reports. If you are unsure of which dates you want to enter, click Show Calendar and select dates from the calendar. 5. To search on a ticker, select the appropriate identifier from the drop-down menu and type the ticker symbol in the box. 6. To search on a portfolio, select your desired portfolio from the drop-down menu. 7. To create a free text search, type your key words in the box and select your desired match criteria from the drop-down menu. 8. Click Run. Creating a Screening Quick Search Thomson Financial 82

89 Thomson ONE Analytics Manual Chapter 4 Criteria Search Your criteria searches are based on different search criteria, or filters. Before searching for a document, you must first build the filter for that search. You may also save and edit the criteria for your search filter. To Build and Run Your Search Filter: 1. Click the Screening tab, and then the Research tab. 2. Click the Criteria Search tab. 3. Select your desired research product from the Product Selection box. 4. Click Next. The criteria you selected will be displayed in addition to any other required search criteria. Screening Product Selection 5. To include additional search criteria, select your desired criteria and click Next. 6. Specify if you d like a Relative or Absolute date for when the research was published. Relative dates allow you to pick a time period, such as Last 1 Month. Absolute Dates allow you to enter a specific date range for the reports. If you are unsure of which dates you want to enter, click Show Calendar and select dates from the calendar. 7. Choose to see your results in page length order by selecting Not Sorted by Page, Ascending, or Descending under the Page Sorting criteria. (Continued) Thomson Financial 83

90 Thomson ONE Analytics Manual Chapter 4 8. For Ticker/Portfolio criteria (optional) select Ticker/Portfolio and click Next. a. Choose an Identifier(s), separated by commas, for the company using the Choose an Identifier drop-down menu. b. Type the company name in the Enter a company name or list of companies box, and then click Add, OR If you d like to use a pre-existing portfolio, select the portfolio from the Load an Existing Portfolio box. 9. For the rest of your criteria (optional): a. Click Include to have the item as a part of your search. b. Click Exclude to prevent the item from being part of your search. c. Select an item from the list of criteria options on the right. To select more than one item, press the Ctrl key down while clicking on each item. 10. To delete any criteria from the Search Selection page, click Remove Criteria below the criteria you d like to remove. 11. Click Run to execute your search. Screening Research Filter Thomson Financial 84

91 Thomson ONE Analytics Manual Chapter 4 To Edit Your Search Criteria: 1. From the Research Search page, select the criteria you d like to remove or add to your search from the Search Criteria box. 2. Click Edit Criteria. Your new search criteria will be displayed in addition to any other required search criteria. 3. Edit your criteria as desired. 4. Click Run to execute your revised search. Editing Screening Filters Working with Your Search Results: 1. Build and run a search (see p. 83). 2. To view a research document, click the headline. Thomson Financial 85

92 Thomson ONE Analytics Manual Chapter 4 Working with Filters You may save, edit, or delete a filter (or search). You can also edit and execute saved filters. To create a new filter click the New icon ( criteria for the filter. ) and select the search To Save a Filter: 1. Build your search criteria (see p. 83). 2. Click the Save icon ( ). The Enter Filter Name window will pop up. 3. Enter a unique name for the filter in the Name box. 4. Choose to save the filter as a Public or Private filter. Saving the filter as public allows your company members to use this filter. If you save the filter as a private filter, you will be the only member allowed to use the filter. 5. Click Save. To Edit a Saved Filter: 1. Click the Screening tab, and then the Research tab. 2. Select the filter you d like to edit from the Select Saved Filters drop-down menu. 3. At the bottom of the screen, you will see If you want to edit the saved search click here. Click here. 4. Make any desired changes to the filter. 5. To execute the search, click the Run icon ( ), OR Save it as a new filter by clicking the Save As icon ( ). Thomson Financial 86

93 Thomson ONE Analytics Manual Chapter 4 To Delete a Filter: 1. Click the Screening tab, and then the Research tab. 2. Select the filter you d like to delete from the Select Saved Filters drop-down menu. Note: You may only delete a filter that you created. These are noted with an asterisk (*). 3. Click the Delete icon ( ). 4. Click OK in the confirmation window to delete the filter. The filter will be removed from the Select Saved Filters drop-down menu. 5. Click Cancel if you do not want to delete the filter. Batch Printing & Saving Research You may print and save the available research. This requires the locally installed Active X browser component to be turned on. To activate Active X, please contact your local network administrator. To Print / Save Research: 1. Click the check box next to the research item(s) you d like to print or save, OR To print / save the complete list of research, click All. 2. Click the Save icon ( ) to save the research, or click the Print icon ( ) to print the research Thomson Financial 87

94 Chapter 5 The Publishing Tab Overview & Objectives This chapter details the publishing functionality that allows you to post forecasts and research to the Thomson ONE Analytics system through In- House Publishing. In addition to publishing text-based research documents, you may also publish Excel spreadsheets, image files, PowerPoint presentations or any other PC-based file. See the Glossary for a complete list of acceptable files. You can publish files directly to the Thomson Financial system or you can store them on local servers and publish only the indexing information for the documents. Each firm choosing the latter option will be required to supply a path for the documents and then maintain the files on their network. Publish Quantitative On the Quantitative screen you may view a company s summary information and edit in-house estimates and other information about the company s in-house estimates. You may enter organizational level in-house estimates for any company. Any user within your company can change these estimates. However, these estimates are kept anonymous at the organizational level outside of the firm. All users can see the estimate values of other organizations, but cannot see the organization s name. Thomson Financial 88

95 Thomson ONE Analytics Manual Chapter 5 The Estimate Entry box is where you enter your own estimates for a company. You may track your estimate versus the sell-side estimates and track your estimate against the other in-house estimates in our database. The comparison of these estimates can be shown using the accompanying scatter plot under Your Estimate vs. Peers and the Consensus Comparison tables. To Enter an In-House Estimate: 1. Click the Publish tab, and then the Quantitative tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. 3. Select your desired measure for the estimate from the Available Measures row. 4. Select your desired fiscal period from the Available Periods row. 5. Enter your revision in the Revisions field of the Estimate Entry box. You may enter estimates for as many fiscal periods and measures as you like. 6. Click Update to register your revision. Entering your In-House Estimates Thomson Financial 89

96 Thomson ONE Analytics Manual Chapter 5 Tracking Your Estimate and Comparing to Your Peers The In-House Estimate vs. Peers scatter plot shows a comparison of estimates and it offers two views: In-House Detail and Sell-Side Detail. The Sell-Side Detail view displays your firm s estimates relative to the sell-side estimates in our database. The In-House Detail shows your estimate relative to the other in-house estimates submitted to Thomson ONE Analytics. Note: You may only view the In-House Detail scatter plot of the in-house estimates if you have an estimate entered. Each estimate is plotted according to the actual value and number of days that have elapsed since the estimate was submitted. A green arrow indicates that the estimate had been raised from its previous value. Estimates that had been lowered are shown in red and new estimates are displayed in gray. To Compare Your Estimates to Your Peers: 1. Click the Publish tab, and then the Quantitative tab. 2. If it s not already loaded, enter the your desired ticker or company in the Select another Company box, and click Go. 3. Select your desired measure in the Available Measures row. 4. Select your desired fiscal period in the Available Periods row. 5. To switch from viewing In-House details to sell-side details and vice versa, click the click here link in the Your Estimate vs. Peers graph. Viewing In-House vs. Peers Estimates Thomson Financial 90

97 Thomson ONE Analytics Manual Chapter 5 Viewing Additional Data The Quantitative page includes data on consensus comparison and interim fiscal periods. The Consensus Comparison table compares the differences in the sell-side mean EPS and the In-House mean EPS across multiple fiscal periods. The Interim Fiscal Period table compares the differences in the sell-side mean EPS and the In-House mean EPS across multiple quarters. A green value in the %Diff column indicates an increase while a red value indicates a decrease for both charts. Research Queue The publish queue is a status and overview page of your research. From here you can view the following information about each document: First Call ID (a unique identification number, labeling the research index) Original File Status (if the research and index have been sent, published, etc.) Headline Symbol Date Analyst From the Publish Queue, you may send, remove, delete, or archive research. Sending Research When you create an index for a piece of research and save it for reuse, you may send it to Thomson Financial at a later date. To Send Research: 1. Click the Publish tab, then the Research tab, and then the Queue tab. 2. Click the check box(es) next to the research you d like to send. 3. Select Send from the Action drop-down menu. 4. Click Go. Sending Research Thomson Financial 91

98 Thomson ONE Analytics Manual Chapter 5 Removing Research You may remove research with a Published status. Removed research is only removed from the Queue, not from Thomson ONE Analytics display in the in-house research section. Because you no longer maintain Removed research, you cannot revise or delete it. If needed, you may contact Broker Support to delete the research from Thomson ONE Analytics after you remove it. To Remove Research: 1. Click the Publish tab, then the Research tab, and then click the Queue tab. 2. Click the check box(es) to the right of the index(es) you d like to remove. 3. Select Remove Research from the Action drop-down menu. 4. Click Go. Removing Research Thomson Financial recommends that you keep your Sent research for approximately 30 days. This allows you to go back and make any necessary edits without having to recreate the document. Thomson Financial 92

99 Thomson ONE Analytics Manual Chapter 5 Deleting from Published Status Deleting research from published status deletes Published research from the Thomson ONE Analytics In-House Research section. The research will not be displayed or searchable. To Delete from Internal Research from the First Call Database: 1. Click the Publish tab, then the Research tab, and then click the Queue tab. 2. Click the check box(es) next to the research you d like to delete. 3. Select Delete from Published Status from the Action drop-down menu. 4. Click Go. Deleting Internal Research from the First Call Database Archiving Research Archived items lists items that are saved for later use. The headlines of archived research indexes are listed here. Your research indexes are automatically archived after a period of 30 days. Your retention period begins when your research reaches a Published status. When a research index reaches its retention limit, the headline and indexing information are moved to a headline archive. The research is still displayed and searchable via Thomson ONE Analytics. To Archive your Documents Before they Reach their Retention Limit: 1. Click the Publish tab, then the Research tab, and then click the Queue tab. 2. Click the check box(es) next to the index(es) you d like to archive. 3. Select Archive Research from the Action drop-down menu. 4. Click Go. Archiving Research Thomson Financial 93

100 Thomson ONE Analytics Manual Chapter 5 Uploading Research You can publish files directly to the Thomson Financial system or you can store them on local servers and publish only the indexing information for the documents. To Upload Research: 1. Click the Publish tab, then the Research tab and then click the Upload tab. 2. Enter the path and name of the document you d like to upload in the Upload a Document field, OR If you do not know the path and name of the file, click Browse and choose the file from the appropriate location. 3. To upload a local document a. Type the document s name in the Enter the name of the Document field. b. Enter the document s location in the Select the location of the document drop-down menu. Note: Your network administrator is responsible for maintaining the location of submitted research. 4. Click Add. The research will be added to the indexing queue displayed at the bottom of the screen. Uploading Research Thomson Financial 94

101 Thomson ONE Analytics Manual Chapter 5 Indexing Indexing allows you to enter key information about the files you are adding to the system. The research files associated are broadcast on the Thomson ONE Analytics system. You may also search for these files using the index information you entered. To Index a Document: 1. Click the Publish tab, then the Research tab and then the Index tab. 2. Enter the page count of the research in the Page Count box. 3. Enter the title that you d like broadcast in the Document Headline field. 4. Select the desired symbol set for the ticker symbols from the Symbol Set drop-down menu. 5. Enter the primary symbol for your desired company you want in the Primary Symbol field. If you do not know the company symbol, click Symbol Lookup to retrieve the symbol. (See Looking up Company Symbols below.) 6. To load a saved index, select your desired index from the Select a saved index drop-down menu. 7. Enter any additional company symbols in the Additional Symbol field. 8. Click Auto-Populate to populate the Country and Industry index options for your primary ticker. 9. Select an index type from the Select Index Type drop-down menu. 10. Click an item in the left-hand box and click Add to include it in your index. To remove an item listed in your index, select the item you d like to remove from the box to the right and click Remove. 11. Repeat steps 9 and 10 for all index types (Analyst, Country, Entitlement, Files, Industry, and Subject). Note: The first analyst that you select is considered your Primary Analyst. (Continued) Thomson Financial 95

102 Thomson ONE Analytics Manual Chapter Click Save to save the index and create an entry in the Queue, OR Click Save and Send to save, validate the required fields, and send the index. Note: To save the index as a template, see Saving a Template (p. 98). Indexing Research Thomson Financial 96

103 Thomson ONE Analytics Manual Chapter 5 Looking up Company Symbols To Look up Company Symbols: 1. Click Symbol Lookup from the Company References section on the Index page. 2. Select the information to search on from the Choose which item you would like to search for list. To search by stock symbol, click Search by Stock Symbol. To search by the beginning of a company name, click Search by Company Name begin with. To search by part of a company name, click Search by Company Name contains. 3. Enter your desired search term in the text box to the right of the Choose which item you would like to search for listing. 4. Click Search to retrieve the desired company ticker. The company information will be displayed at the bottom of the screen. 5. Click the Add checkbox to the right of each correct match for any desired tickers. 6. Select Primary if you d like one of your desired tickers to be your Primary ticker. 7. Click Add Selected Cos to add the desired tickers. The Confirmation Screen will appear. 8. Click Confirm to verify your selection. The selected ticker will appear listed in the Company References area. 9. To cancel your symbol lookup, click Cancel. Symbol Lookup Thomson Financial 97

104 Thomson ONE Analytics Manual Chapter 5 Saving a Template Saving index templates allows you to reuse frequently needed data for future indexes. To Save a Template: 1. Index a document (see p. 95). 2. Click the Save icon ( ) under the Load Saved Index box. 3. Type a unique name in the Saved Index Name box. 4. Click Save. Editing Templates & Indices You can make changes to a saved index template or a previously created index. To Edit a Saved Index Template: 1. Click the Publish tab, then the Research tab, and then click the Index tab. 2. Select a saved index from the Load saved index box. Loading a Saved Index 3. Make any necessary changes. 4. To include an additional indexing keyword item, click an item in the left-hand box and click Add. To remove a keyword item, click your desired item from the right-hand box and click Remove. 5. Click the Save icon ( ) to save the index template, OR Click Save to save the index in the Queue, OR Click Save and Send to save and send the index. Thomson Financial 98

105 Thomson ONE Analytics Manual Chapter 5 To Edit an Index in the Queue: 1. Click the Publish tab, then the Research tab, and then click the Queue tab. 2. Click the headline of the index you d like to edit. 3. Make any necessary changes. 4. To include an additional indexing keyword item, click an item in the left-hand box and click Add. To remove a keyword item, click your desired item from the right-hand box and click Remove. 5. Click the Save icon ( ) to save the index as a template, OR Click Save to save the index in the Queue, OR Click Save and Send to save and send the index. Deleting Templates You may delete templates from the Index screen. To Delete a Template: 1. Click the Publish tab, then the Research tab, and then the Index tab. 2. Select the template you d like to delete from the Load Saved Index drop-down menu. 3. Click the Delete icon ( ). View Archives After maintaining published status for 30 days, indexes are automatically archived and are listed under this tab. Each archived item is listed with the following information: First Call ID (a unique identification number, labeling the research index) Original File Status (if the research and index have been sent, published, etc.) Headline Symbol Date Analyst If no files have been archived, the message No Archived Headlines Exist is displayed. Thomson Financial 99

106 Thomson ONE Analytics Manual Chapter 5 Un-Archiving Indices Un-archived indices reappear on the Queue page. From there, you may choose to revise and re-send it. Your retention period is reset when you send the updated index. To Un-Archive Indices: 1. Click the Publish tab, then the Research tab, and then click the View Archives tab. 2. Click the check box(es) next to the index(es) you d like to unarchive. 3. Click Un-Archive Research. Your index will be returned to the Queue. Un-archiving Indexes Removing Archived Indices Removing Archived Indices is similar to Removing Research the indices are deleted from the View Archived Items page, but are still displayed in the in-house research section of the Thomson ONE Analytics system. To Remove Archived Indices: 1. Click the Publish tab, then the Research tab, and then click the View Archives tab. 2. Click the check box(es) next to the index(es) you d like to delete. 3. Click Remove Selected Items. Removing Archived Indexes Thomson Financial 100

107 Chapter 6 Connect Overview & Objectives Thomson Connect's First Call Premium Channel within Thomson ONE Analytics provides a secure communication framework to enable real-time exchange of the information and ideas by a closed community of financial professionals. Define with whom you want to communicate, prioritize what you want to receive and define how you want to receive it. Inbox The Inbox provides access to packages sent to you from other users, or through one of the Premium Channels. The Inbox displays the following fields: Date - the date the package was sent to you. Type - the type of package sent. Subject - the package headline or topic. Firm - the sending firm. Author - the package sender. This can be a contact, or a System Broadcast, indicating the content was pushed from a contributor's system over one of the Premium Channels. Firm-wide Indicator - indicates that the package was sent to your entire firm. Attachment Indicator - indicates that the package contains attachments. If you access the Inbox from the COMPANY or PORTFOLIO sections, it will be filtered by the respective entities. Thomson Financial 101

108 Thomson ONE Analytics Manual Chapter 6 All packages sent to you will continue to arrive in your Inbox during the day, but because the display is browser-based, there is no automatic refresh. To ensure you see new content as it arrives, click the Refresh ( ) icon. Searching/Filtering You may search for packages based on specific tag and value criteria and filter packages by your interest lists. The search function allows you to retrieve all packages related to the criteria, even if they would not normally appear due to the Inbox size limit. To search for packages: 1. Click the Connect tab, and then the Inbox tab. 2. Select your desired criteria from the Search drop-down menu. The Choose Values window will appear. 3. Click on your desired value(s) and click the right arrow to add it to your search criteria. 4. Click Save. Searching for Packages Thomson Financial 102

109 Thomson ONE Analytics Manual Chapter 6 To Filter Messages: 1. Click the Connect tab, and then the Inbox tab. 2. Select your desired interest from the Filter By drop-down menu. TIPS: You may sort your messages by clicking on any of the column headers, or view specific packages by clicking on the hyperlink in the Subject column. (See Package Viewer on p. 104 for more details.) You may delete messages from your Inbox by clicking on the checkbox that corresponds with the package you'd like to delete, and clicking the Delete ( ) icon. Premium Channels Premium channels allow you to receive content from contributing firms on specific topics. Topics include: First Call Premium Channel - receive premium broker content from participating firms Independent Research Premium Channel (future) - receive independent research from participating firms Each premium channel can be turned ON/OFF by clicking on the respective icon. If the premium channel is ON, you will see content distributed over that channel and can use your interest lists to further narrow your Inbox view. If the premium channel is OFF, you will not see content from that specific collection. Interest Lists / Portfolios Interest lists allow you to filter content based on specific interests. Interest lists can be created in one of two ways: 1. Interest List section under the CONNECT tab 2. Private Lists section under the UTILITY tab The drop-down menu contains a superset of both. Selecting an interest list from the drop-down menu allows you to change your Inbox view so that it only displays content relevant to that interest list. By default, the display includes information relevant to all of your interest lists, plus information sent by any of your premier contacts. Thomson Financial 103

110 Thomson ONE Analytics Manual Chapter 6 Package Viewer The Package Viewer allows you to view your package contents. The sender can customize the package contents, but a typical package will contain: 1. Package Index - provides you with a navigational index to the package overview, details, and any sender attachments. In some cases, firms will set up business rules to blend additional content onto their packages (in line with workflow processes). These links will also be listed in the package index. 2. Package Contents - information from the sender, including business card information, and relevant tagging. 3. Functional Options - options available to you on the package. These include: Reply - reply to the sender Note: If you reply to a package sent via System Broadcast, you are unlikely to get a response, as a system and not a person send these packages. Forward - forward the package to another recipient (The Sender controls this function) Contact Details - view the sender's contact details (Allows you to view the sender's Business Card, Interests, and a history of packages that you've sent or received from this contact) Grant Premier Status - change this sender's status to Premier (Premier relationships mean that you trust the content these users are sending and want to prioritize it above other content) Close - close the package Thomson Connect Package Viewer Thomson Financial 104

111 Thomson ONE Analytics Manual Chapter 6 Sent Items Sent Items provides access to packages that you've sent to other users. The Sent Items display includes the following fields: Created - the date you created the package Recipients - the people you've sent the package to Type - the type of package sent Subject - the package headline or topic Status - the package status ( Public indicates that the package reached the recipients, and is available to them for viewing) Firm-wide Indicator - indicates that the package was sent to your entire firm Attachment Indicator - indicates that the package contained attachments To View Sent Items: 1. Click the Connect tab, and then the Sent Items tab. 2. To view specific packages, click on the hyperlink in the Subject column. To Retract Sent Items: 1. Click the checkbox that corresponds with the item you'd like to retract. 2. Click the Retract ( ) icon. The package will be removed from the recipient's Inbox and your Sent Items folder. Contacts The Contacts section allows you to build and manage your relationships. Relationships are established through an "invitation" process. Meaning, either you've sent them an invitation and they've accepted, or they've sent you an invitation that you've accepted. The default view in the Contacts section lists of all the people you have a relationship with. A drop-down menu allows you to selectively view all of your contacts, or only those with whom you have a Premier relationship. Thomson Financial 105

112 Thomson ONE Analytics Manual Chapter 6 You may sort your messages by clicking on any of the column headers, or use the FIND ( ) feature as a quick way to locate specific contacts. Functions that can be performed on the individual contacts include: Standard Relationship - grant this user a standard relationship status Premier Relationship - grant this user a premier relationship status, prioritizing that user's incoming content in your Inbox End relationship - end the relationship that you have with this individual To use any of these functions, select the checkbox that corresponds with your desired contact, and then click on the respective icon. Contact Lists Contact lists allow you to group your contacts. To create a new contact list: 1. Click the Connect tab, and then the Contacts tab. 2. Click the Contacts List tab. 3. Click the Create New Contact List hyperlink. 4. Type a name for the contact list in the Name box. 5. Select your desired contact relationship from the Show Relationships drop-down menu. 6. Click on your desired contact(s) in the relationships list and click the right arrow to add them to your list. 7. Click Save. Adding Contact Lists Thomson Financial 106

113 Thomson ONE Analytics Manual Chapter 6 To edit a contact list: 1. Click the Connect tab, and then the Contacts tab. 2. Click the Contacts List tab. 3. Select the list you'd like to edit from your Contacts List. 4. Make your desired edits. 5. Click Save. To delete a contact list: 1. Click the Connect tab, and then the Contacts tab. 2. Click the Contacts List tab. 3. Select the list you'd like to delete from your Contacts List. 4. Click Delete. Deleting Contact Lists Thomson Financial 107

114 Thomson ONE Analytics Manual Chapter 6 Received Invitations When you receive an invitation from someone, you must either accept it or decline it. If you accept an invitation, the person is added to your contacts list. Declining an invitation prevents the contact from being added to your contact list. To accept/decline an invitation: 1. Click the Connect tab, and then the Contacts tab. 2. Click the Received Invitations tab. 3. Click the checkbox that corresponds with your desired invitation. 4. Click either the Accept ( ) or Decline ( ) icon. Sent Invitations This section displays a list of users you've sent invitations to (that are pending response). To view your sent invitations: 1. Click the Connect tab, and then the Contacts tab. 2. Click the Sent Invitations tab. If you've changed your mind, you may revoke your invitation. The process of revoking an invitation causes the invitation to be removed from the recipient's Received Invitations list and from your Sent Invitations list. To revoke an invitation: 1. Click the Sent Invitations tab. 2. Click the checkbox that corresponds with the invitation you'd like to revoke. 3. Click the Revoke ( ) icon. Search / Send Invitations This section allows you to find contacts in the directory. By finding contacts, you can then send them invitations, or update your existing relationship status. There are 2 ways of searching: Thomson Financial 108

115 Thomson ONE Analytics Manual Chapter 6 Quick Send 1. Click the Connect tab, and then the Contacts tab. 2. Click the Search Directory tab. 3. Click the New Invitation ( ) icon. 4. Select a firm from the drop-down menu. A list of possible contacts appears. 5. Click on your desired contact(s) in the relationships list and click the right arrow to add them to your list. 6. Click Send. Quick Sending a New Invitation Target Contacts 1. Click the Connect tab, and then the Contacts tab. 2. Click the Search Directory tab. 3. Enter your desired criteria in the search categories. 4. Click Search. 5. To send an invitation from your search results: 6. Click the checkbox that corresponds with your desired contacts. 7. Click the Invitation ( ) icon. Targeting Contacts Thomson Financial 109

116 Thomson ONE Analytics Manual Chapter 6 Modify Relationships You may also manage your relationships from the search results page. The available functions include: Standard Relationship - grant this user a standard relationship status Premier Relationship - grant this user a premier relationship status, prioritizing that user's incoming content in your Inbox End relationship - end the relationship that you have with this individual To use any of these functions, select the checkbox that corresponds with your desired contact, and then click on the respective icon. Thomson Financial 110

117 Chapter 7 Alerting Overview & Objectives Alerting within Thomson ONE Analytics provides real-time customized access to research through alerts. Your alerts are based on criteria that you select, namely, which research products to search on and what time the will arrive. Furthermore, you may open your desired documents directly from your . Important Information for First Call Web users: All of your First Call Web portfolios and alerts need to be migrated to Thomson ONE Analytics. If any issues arise regarding portfolio ticker resolution, those tickers will be dropped from the portfolio. If you have questions concerning your portfolio tickers, please contact your Client Services Representative. Your First Call Web alerts and portfolios will not be maintained and supported in Thomson ONE Analytics. Changes made in either First Call Web or Thomson ONE Analytics after migration will not be reflected in the other application. Thomson Financial no longer supports custom ticker alerts. You will not receive alerts on custom tickers if you update existing or create new alerts using them. You may search for custom ticker research in Thomson ONE Analytics by clicking the Screening tab, and then the Research tab. Thomson Financial 111

118 Thomson ONE Analytics Manual Chapter 7 Viewing Alerts From the Alerts area, you may view your alerts and their status. To view alerts, click the Utility tab, and then the Alerts tab. Your alerts will be displayed. The Synchronize button ensures that the changes made to portfolios are updated in your alerts. For alerts based on portfolios, click Synchronize to update your alerts. You must click the Synchronize button each time you edit a portfolio connected to an alert. Viewing your alerts Creating Alerts When creating alerts, you decide when you d like to be notified, which ticker symbols or portfolios to search on, and which Thomson products to include in the result set. To Create a New Alert: 1. Click the Utility tab, and then the Alerts tab. 2. Enter the alert name in the Alert Name field. 3. Click Go. The create/edit alert screen will appear. 4. Select either Active or Inactive. Inactive alerts store your desired criteria, but do not send alerts. 5. To create a portfolio alert, select your desired portfolio from the Alert on Portfolio drop-down menu. 6. To create a company/ticker alert, enter the desired ticker(s) in the Alert on Ticker(s)/Company field. If you do not know the name of the ticker, click Lookup Ticker to search for the desired ticker. TIP: Occasionally, a ticker can be associated with different companies in different countries. For example, the ticker WMT corresponds to Wal-Mart Stores, Inc. in the United States market, but also corresponds to Western Metals LTD. in the Australian market. If you enter a ticker that corresponds to more than one company, you will be asked to select your desired ticker/company after you click Save. Thomson Financial 112

119 Thomson ONE Analytics Manual Chapter 7 Note: There is a maximum amount of tickers allowed for an alert. All tickers in a portfolio count towards the total ticker amount. 7. Enter the address where you d like the alert to be sent in the Address field. 8. Select your time zone from the Local Time Zone drop-down menu. 9. Enter when you want to be notified in the Notification Time(s) area. 10. Select the products that you'd like research from by clicking the desired check box in the Select Products to Search area. 11. Click Save to save your alert. Click Save As to save your alert with a new name. To remove your alert criteria, click Clear. Creating an Alert Thomson Financial 113

120 Thomson ONE Analytics Manual Chapter 7 Ticker Lookup If you do not know the symbol for a company you'd like an alert on, you may search for the company symbol. To search for company information: 1. Click Ticker Lookup on the main alerts screen. 2. Select the information you are looking for from the Choose which item you would like to search for list. To search by stock symbol, click Search by Stock Symbol. To search by the beginning of a company name, click Search by Company Name (begins with). To search by part of a company name, click Search by Company Name (contains). To search by Cusip number, click Search by Cusip. 3. Enter your desired search term in the text box to the right of your selection. 4. Click Search to retrieve the desired company ticker. The company information will be displayed at the bottom of the screen. 5. Click the Select check box to the right of each correct match for any desired tickers. 6. Click Add Selected Cos to add the desired tickers. The selected ticker(s) will be added in the Alert on Ticker(s) box on the Create/Edit Alert screen. 7. Click Close Window to close the Ticker Lookup screen. Looking up Ticker Symbols Thomson Financial 114

121 Thomson ONE Analytics Manual Chapter 7 Activating/Deactivating Alerts Inactivated alerts store the alert criteria, but their research results are not sent to you. If you only check an alert sporadically, deactivating it will free space in your mailbox for your more active alerts. To Activate/Deactivate an Alert: 1. Click Edit to the left of your desired alert. 2. Select Active or Inactive. 3. Click Save. Activating an Alert Editing Alerts You may edit any previously created alert. To Edit an Alert: 1. Click Edit to the left of the alert you want to change. The Create/Edit Alert screen will appear. 2. Make any desired changes to the alert. TIP: Occasionally, a ticker can be associated with different companies in different countries. For example, the ticker WMT corresponds to Wal-Mart Stores, Inc. in the United States market, but also corresponds to Western Metals LTD. in the Australian market. If you enter a ticker that corresponds to more than one company, you will be asked to select your desired ticker/company after you click Save. Note: There is a maximum amount of tickers allowed for an alert. All tickers in a portfolio count towards the total ticker amount. 3. Click Save As to save the alert with a new name. To remove all your previous selections, click Clear. Thomson Financial 115

122 Thomson ONE Analytics Manual Chapter 7 Deleting Alerts You may delete any alert that you created. From the main Alerts area, click Remove to the right of the alert you'd like to delete. Deleting an Alert Thomson Financial 116

123 Section 2: Incorporating Workflow Solutions User 1 Selection -Markets -Sectors -Industries -Indices -Stocks By taking an aggregate approach, you can value a market, sector, industry, or index based on quantitative information. Using the Markets section of Thomson ONE Analytics can assist you in this process. The Screening section functionality allows you to apply this data to select individual stocks. Many portions of the Markets section are controlled by user entitlements. See Appendix B for more information on user entitlements. To become entitled to any functionality, please contact your local Customer Service or Sales Representative. Thomson Financial 117

124 Thomson ONE Analytics Manual User 1 Evaluating a Country To evaluate data in a particular market, you may decide to begin by selecting countries based on country aggregate data. To View Country Aggregate Data: 1. Click the Markets tab, and then the Country Aggregates tab. 2. Select your desired country. On the Overview page, general information on the country, including market cap, price, and numbers of companies are listed at the top of this page. 3. To view the country s historical data, click the History tab. Country Markets History The aggregate history table shows a month-by-month historical forecast snapshot of a market or index using measures that appear in the country aggregates report. The macro and monetary indicator charts are from the Datastream database. Data is sourced directly from exchanges, leading international and local suppliers, and published reports. These charts show the direction of key economic trends in the country. 4. To view the country s sector, industries, or indices, click either the Sectors, Industries, or Indices tab. 5. To download the data, click Export to Excel. Country Markets Sectors Thomson Financial 118

125 Thomson ONE Analytics Manual User 1 6. To view the monetary and macro economic data for the country, click the Economics tab. Country Markets Economics You may evaluate the sectors, industries, and indices based on quantitative measures. For example, the Country Markets Sectors screen on the previous page shows that the highest growing sector for this market is Capital Goods. Searching Index Aggregates Another approach is to investigate an index. You may select an index based on the Thomson ONE Analytics aggregate data. To View Market Index Aggregates: 1. Click the Markets tab, and then the Index Search tab. 2. Select your desired country in the Select Country box. 3. Select your desired aggregate type: All, Country, Sector, or Industry. 4. Click Go. Thomson Financial 119

126 Thomson ONE Analytics Manual User 1 All indices for the country that you selected are displayed, along with their market cap, price, and numbers of companies listed. Markets Index Search 5. Click your desired index. 6. Click the History tab to view its historical data. Similar data to the Country Sector is available for your selected index. Markets Index History Depending on your investment criteria, other tabs may also be appropriate. Thomson Financial 120

127 Thomson ONE Analytics Manual User 1 Calculating Custom Aggregate Information You may also gather information on combinations of countries and/or sectors and industries. The aggregate data is calculated and compared to the aggregate values for companies in your selected benchmark. To Gather Aggregate Data on Countries, Sectors, or Industries: 1. Click the Markets tab, and then the Quick Aggregates tab. 2. Select your desired country from the Choose one or more Countries box. 3. Select your desired industry from the Choose one or more Industries box. 4. Select your desired benchmark for comparison in the Select a Benchmark for comparison drop-down menu. 5. Click Calculate Aggregate. Quick Aggregates Search A table is displayed showing a custom aggregate compared to the data that you selected. 6. Click your desired measure in the Available Measures row. 7. Click View Company Data. The Aggregate and Constituent data tables are displayed. 8. To view information on a company, click your desired company. 9. To download the data, click Export to Excel. Company Aggregate Data Thomson Financial 121

128 Thomson ONE Analytics Manual User 1 Picking Stocks Based on a Quantitative Screening After you have educated yourself on your desired market country, sector, industry and/or index, you may apply that information to screen companies, and therefore pick stocks. To Create a New Screen 1. Click the Screening tab, and then the Q-Screen tab. 2. Select the currency for your desired country in the Select Criteria Currency drop-down menu. 3. Select screening criteria from the Screening Categories menu on the left. All of the screening categories have secondary, underlying criteria. For example, if you want to search for companies from a specific sector, click Background Information > Sector Name. Q-Screening Categories 4. Click Include to have the item as part of your search criteria. Click Exclude to prevent the selected item from being part of the search. 5. Click your desired search items from the list to the right of the category. To select more than one item, press the Ctrl key as you click on each item. 6. For numerical data, enter your desired value. Q-Screen Search Criteria 7. Repeat steps 3-5 as desired. 8. Click the Run icon ( ) to execute your search. Thomson Financial 122

129 Thomson ONE Analytics Manual User 1 To Run an Existing Screening Filter 1. Click the Screening Tab, and then the Q-Screen tab. 2. Select your desired filter from the Select Saved Filters drop-down menu. 3. Click the Run icon ( ) to execute the search. Q-Screen Results Your search results are displayed in the Results table. You may view the following results reports: Criteria, Ests, Growth, Value, Momentum, Research (available across different fiscal periods), and In-House. Q-Screen results are limited to 500. To Save as a Portfolio 1. If necessary, change your search criteria to reduce the number of results. 2. Click the Save as Portfolio icon ( ) to save the company result list as a portfolio. 3. Enter a portfolio name in the Save Portfolio As box. 4. Enter the permissioning for this portfolio. To enable all users in your organization to view the portfolio, select Public. If you do not want other members of your organization viewing your portfolio, select Private. 5. Click Save. Saving a Portfolio Saving your screening filter allows you to keep your results for reuse. You may also track individual stocks in a portfolio (see User 2 for more details). Thomson Financial 123

130 User 2 Research -Stocks -Groups of Stocks -Portfolios Thomson ONE Analytics includes various ways to track stocks. You may evaluate individual stocks, groups of stocks, and portfolios based on company data such as forecast activity, recommendations, analyst estimates, and so forth. As explained in this chapter, the Portfolio and Company sections can assist you in obtaining your desired data. Some of the following functionality is available on an entitlement basis. See Appendix B for more information. To become entitled to any functionality, please contact your local Customer Support or Sales Representative. Selecting Stock(s) from a Portfolio To track stocks within one of your portfolios, you may first want to view the overall activity of the portfolio. You may also view the portfolio activity in terms of research and forecast data, or its exposure to different equities, and therefore learn which stocks are the highest performers in that portfolio. Thomson Financial 124

131 Thomson ONE Analytics Manual User 2 To View Portfolio Stock(s) Relative to Each Other: 1. Click the Portfolio tab, and then the Snapshot tab. 2. If it s not already loaded, select your desired portfolio from the Select a Portfolio drop-down menu. The Snapshot tab plots the portfolio companies performance in relationship to each other. Portfolio Snapshot 3. To filter, or zoom in on your portfolio according to the best performing stocks, click on your desired graph quadrant. You may also filter stocks by different performance criteria by clicking on the different quadrants. 4. To view company details, click the company s name. Portfolio Snapshot, Filtered Thomson Financial 125

132 Thomson ONE Analytics Manual User 2 To View Portfolio Research and Forecast Data Activity: 1. Click the Portfolio tab, and then the View Portfolios tab, 2. If it s not already loaded, select your desired portfolio from the Select a Portfolio drop-down menu. The Overview tab provides a synopsis of the portfolio, including the prior day s major price movements, recent research headlines, and custom P/E and growth rates compared to your selected benchmark. To stop the headlines from scrolling, hold your mouse over the headlines. To view research, click on your desired title. Portfolio Overview 3. Click the Company Reports tab to get more details on the specific companies within the portfolio. 4. To view how the sell-side looks at the stocks, click the Revisions and Momentum tabs. You may also see consensus valuation and growth forecasts. Portfolio Company Reports Thomson Financial 126

133 Thomson ONE Analytics Manual User 2 To View a Portfolio s Exposure to Different Equities: 1. Click the Portfolio tab, and then the Holdings tab. 2. If it s not already loaded, select your desired portfolio from the Select a Portfolio drop-down menu. 3. To sort the company data, click your desired column head. 4. To view company details, click the company s name. The pie chart illustrates the percentage of sectors represented by each asset in the portfolio. The legend to the right of the chart describes the industries and their respective colors. The summary data includes the currency, quantity of shares, price, net value, gain/loss, and percent of assets for each company. Portfolio Holdings Thomson Financial 127

134 Thomson ONE Analytics Manual User 2 Viewing Company Data Once you have selected specific companies in a portfolio to track, you may retrieve details on the companies. The Company Snapshot provides an overview of the selected company. To View Company Snapshot 1. Click the Company tab, and then the Snapshot tab. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. Company Snapshot To View Company Details 1. Click the Company tab, and then the Detail tab. You may also view company individual forecasts anytime within the Portfolios section by clicking on the company name. 2. If it s not already loaded, enter your desired ticker or company name in the Select another Company box and click Go. 3. Click the Recent Estimates (30 days) check box to view the most recent estimates. Thomson Financial 128

135 Thomson ONE Analytics Manual User 2 You may filter out forecasts by clicking the box(es) to the left of the broker. You may view sales, target prices, EPS, and broker and analyst information, their recommendations, along with other forecast measures. You may also customize the consensus by broker or date. Company Details To Learn More About Analysts 1. Click on your desired analyst s name. Information for the selected analyst is displayed in tabular format at the top of the screen. Analyst Details Thomson Financial 129

136 Thomson ONE Analytics Manual User 2 The Recommendations table shows the dispersion of an analyst s different recommendations. The Earnings Surprise table lists the analyst s earnings surprise information for the prior quarter. The High bar shows how many earnings estimates were higher than the actual reported earnings. The Low bar shows the amount of estimates lower than the actual, while the Target bar shows the amount of estimates that matched the actual. The Recent Research table lists current research reports submitted by that analyst. To open a report, click on the report title. 2. To compare two analysts estimates, click Compare. 3. To remove companies that the analysts do not have in common, select the Show only matching companies check box. 4. Select your desired second analyst from the Choose an analyst from the list for comparison drop-down menu. Comparing Analysts 5. To view the analysts estimate history, click the History icon ( ). Viewing Analysts History 6. Close the Estimates History window and click the Back button to see research results on the Detail page. Thomson Financial 130

137 Thomson ONE Analytics Manual User 2 To View Broker Research 1. Click on your desired broker s name. You re directed to the Company Research page, showing the research from your selected broker. 2. Select your desired research type: Research/Notes, Research, Notes, Bond Call or In-House. 3. To view a specific piece of research, click its title. Removing the filter may expand the research. Other views of the research include most read documents, contributors with the most submissions, and peer research. Viewing Broker s Research To View the Company s History 1. Click the History minor tab, under the Company major tab. Company History Thomson Financial 131

138 Thomson ONE Analytics Manual User 2 Datastream Price History You may view up to two years of historical pricing information in the Datastream Price History chart. To change the date range, click on the desired range above the chart. If you would like to view reported surprise information along with the price information, click Show Surprise. This will add a surprise chart showing the company s actual reported figures versus the consensus figures to the chart. The surprise gauges an analyst s accuracy and is usually a driver of movement. A positive surprise means that the company s reported earnings were higher than the forecast. A negative surprise means that the company s reported earnings were lower than the forecast, and an on target surprise means that the forecast equaled the earnings. Historical Consensus The Historical Consensus Table shows a month-by-month listing of the previous two years data. To change the measure or period type, click on the desired links above the table. To View Company Fundamentals 1. Click the Fundamentals minor tab under the Company major tab. Company Fundamentals Thomson Financial s Worldscope data is presented in the fundamentals table and uses various industry templates. The Worldscope database contains international financial information in a standardized format that facilitates comparisons between companies, countries, regions, and industries. 2. Click Export to Excel to download the data into an Excel spreadsheet. Thomson Financial 132

139 Thomson ONE Analytics Manual User 2 To View Company Institutional Holdings 1. Click the Inst. Holdings minor tab under the Company major tab. Each of the tables provides different information about the company's shareholders, its concentration in different institutions, the investment style, and buyers and sellers of the stock. The data is based on 13F filings. Furthermore, the Top 20 Holders, Top 5 Buyers, Top 5 Sellers, and Top 10 Mutual Fund Holders tables break down shareholder information into institutions, shares held, change, percent of ownership, turnover, style, investment type, and filing date. Thomson Financial 133

140 Appendix A Administering Research Setting User Rights As an Administrator, you may set user rights to be Submit, Admin, and/or Analyst. You may also add or delete users from your system. To add a new user to Thomson ONE Analytics, contact either your sales representative, or your local Thomson Financial office. To add a person to your list of analysts only, please send an to TF Administration (thomsononeanalytics@tfn.com). Thomson Financial 134

141 Thomson ONE Analytics Manual Appendix A To Set User Rights: 1. Click the Utility tab, the Research Admin tab, and then the User Rights tab. 2. Click the appropriate check-box(es) (Submit, Admin, or Analyst) that correspond to your desired user. 3. Click Save. Note: To reset the user settings to what they were before any changes were made, click Reset. Setting User Rights Setting Entitlement Groups Entitlement Groups are made up of authorized Thomson ONE Analytics users who are members of either your firm, or collaborating firms. The Groups are used by Thomson ONE Analytics Authors to entitle users to see their research. You may create new Entitlement Groups or edit existing Groups. Note: The maximum amount of entitlement groups for each manager is 25. If you have reached your limit, you may modify the users in your groups. Thomson Financial 135

142 Thomson ONE Analytics Manual Appendix A To Create New Entitlement Groups: 1. Click the Utility tab, the Research Admin tab, and then the Ent. Groups tab. 2. Click the New icon ( ) or select New Ent List from the Select an Entitlement Group drop-down menu. 3. To add users, select your desired users from the Eligible Users box, and click Add. To select multiple users, hold the Ctrl key down while clicking the name. 4. To remove users, select your desired users from the Entitled Users box, and click Remove. To select multiple users, hold the Ctrl key down while clicking the name. 5. Click the Save icon ( ). 6. Enter a unique name for the Group in the List Name box. 7. Click Save. Creating Entitlement Groups Thomson Financial 136

143 Thomson ONE Analytics Manual Appendix A To Edit Entitlement Groups: 1. Click the Utility tab, the Research Admin tab, and then the Ent. Groups tab. 2. Select your desired list from the Select an Entitlement Group dropdown menu. 3. To add users, select your desired users from the Eligible Users box, and click Add. To select multiple users, hold the Ctrl key down while clicking the name. 4. To remove users, select your desired users from the Entitled Users box, and click Remove. To select multiple users, hold the Ctrl key down while clicking the name. 5. Click the Save As icon ( ). 6. To create a new list, enter a unique name for the Group in the List Name box, OR To save it as the same list, select the list name from the Current Entitlement List drop-down menu. 7. Click Save. Editing an Entitlement Group Disabling Collaborating Firms Collaborating firms, or partners, may view your firm s research through Thomson ONE Analytics. In the Partners section, you may disable collaborating firms from viewing your research. If your firm posts inhouse documentation, you are responsible for providing In-House access to the users in the collaborating firms. Thomson Financial 137

144 Thomson ONE Analytics Manual Appendix A To add a new collaborating firm, please send an to TF Administration (thomsononeanalytics@tfn.com). To Disable Collaborating Partners: 1. Click the Utility tab, then the Research Admin, then the Partners tab. 2. Click the Enabled button that corresponds to your desired firm. If the firm was Enabled, it will become Disabled. Enabling / Disabling Collaborating Partners Setting Remote File Locations If you prefer not to upload research, you may publish research that resides on your local system. File locations are used by Thomson ONE Analytics to retrieve the research on your local system. Your network administrator is responsible for maintaining the locations listed on the system. To Add a New Location 1. Click the Utility tab, then the Research Admin tab, and then the File Locations tab. 2. Enter the File Location Description, File Location, your Login ID and password, and the Retrieval Method in the appropriate boxes. Note: Fields with an asterisk (*) are required. 3. Click Enabled to activate a new file location. 4. Click Add/Modify to add the new location. Remote File Locations Thomson Financial 138