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Factset Research Systems Inc. - FDS STOCK NEWS

Welcome to our dedicated news page for Factset Research Systems (Ticker: FDS), a resource for investors and traders seeking the latest updates and insights on Factset Research Systems.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Factset Research Systems's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Factset Research Systems's position in the market.

News
FactSet Reports Results for Second Quarter 2024
Rhea-AI Summary
FactSet (FDS) reports strong Q2 fiscal 2024 results with GAAP revenues up 6.0% to $545.9 million. Organic ASV plus professional services increased by 5.4% year over year. GAAP operating margin rose to 33.3%, and adjusted EPS grew by 11.1%. Top-line growth expected at the lower end of guidance ranges for the fiscal year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.63%
Tags
earnings
-
News
FactSet Appoints Laurie Hylton to Board of Directors
Rhea-AI Summary
FactSet (FDS) appoints Laurie Hylton, a seasoned finance executive, to its Board of Directors, bringing over 30 years of expertise in asset management and public accounting. Hylton's background includes roles as CFO and Chief Accounting Officer at Eaton Vance Corp., with significant contributions to strategic direction. With a strong financial industry background, Hylton's appointment is expected to enhance FactSet's growth and value delivery to stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
management
-
News
FactSet Releases Transcript Assistant, A Game-Changing AI Tool for Earnings Call Analysis
Rhea-AI Summary
FactSet introduces Transcript Assistant, a GenAI-powered chatbot for in-depth research and analysis of earnings call transcripts, enhancing investment research within the FactSet Workstation. Key features include interactive chat assistant, robust search capabilities, view intelligent summaries, and seamless integration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
earnings AI
News
FactSet Schedules Second Quarter 2024 Earnings Call
Rhea-AI Summary
FactSet (NYSE: FDS | NASDAQ: FDS) to Release Q2 Fiscal 2024 Results on March 21, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.49%
Tags
earnings
-
News
FactSet Declares Dividend
Rhea-AI Summary
FactSet (FDS) has declared a regular quarterly cash dividend of $0.98 per share, to be paid on March 21, 2024, to holders of record as of February 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
dividends
-
News
LoopFX to be integrated into FactSet’s Portware trading platform
Rhea-AI Summary
LoopFX (LOOP) and FactSet (FS) announce plans to integrate LoopFX into FactSet's Foreign Exchange execution management system, Portware, in early 2024. FactSet will embed LoopFX's 'Peer-To-Bank' matching engine technology into Portware, providing FactSet’s clients easy access within their existing workflows directly on their trading screen. LoopFX serves both the buy-side and sell-side by sourcing large block liquidity in a dark pool, reducing trading costs and improving execution processes for large FX trades in excess of $10m.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
none
News
FactSet Reports Results for First Quarter 2024
Rhea-AI Summary
FactSet (NYSE:FDS) reported a 7.4% increase in GAAP revenue to $542.2 million for Q1 2024, with organic ASV plus professional services growing 7.1% to $2,185.0 million. The company's GAAP operating margin increased to 34.9%, while adjusted operating margin decreased to 37.6%. GAAP diluted EPS rose 9.1% to $3.84, and adjusted diluted EPS increased 3.3% to $4.12. The company also provided fiscal 2024 guidance, expecting ASV plus professional services growth of 5-7%, GAAP revenue growth of 5.5-6%, adjusted operating margin increase of 10-50 bps, and adjusted diluted EPS growth of 6-9%. FactSet has launched FactSet Mercury, featuring a new large language model-based workflow tool for junior bankers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
earnings
-
News
FactSet Launches FactSet Mercury to Supercharge Junior Banker Workflows
Rhea-AI Summary
FactSet (FDS) announces the beta release of FactSet Mercury, an AI-powered knowledge agent designed to enhance fact-based decision making and streamline company research workflows for junior bankers. The chatbot offers a single conversational interface to access comprehensive financial fundamentals, pricing data, and bank regulatory data, along with new features like Chart Creator for pitch-ready charts. FactSet Explorer program enables early access to GenAI-powered beta products, with plans to scale across client segments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
none
-
News
FactSet Schedules First Quarter 2024 Earnings Call
Rhea-AI Summary
FactSet (NYSE: FDS | NASDAQ: FDS) to release first quarter fiscal 2024 financial and operating results on December 19, 2023. Conference call details and registration provided. Earnings presentation slides available before the call, with a replay and transcript accessible afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
earnings
News
Accelex Announces $15M Series A Funding Round Led by FactSet; Firms Set to Automate Critical Private Markets Workflows for Investors
Rhea-AI Summary
Accelex, a provider of AI automation for private markets data, has closed a $15 million Series A funding round led by FactSet. The funding will be used to expand operations and enhance product capabilities. Accelex's technology is already a key enabler in FactSet's private markets growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
none
Stock FDS logo
Factset Research Systems Inc.

NYSE:FDS

FDS Rankings

#599 Ranked by Market Cap
#2061 Ranked by Stock Gains
#1847 Ranked by Dividends

FDS Stock Data

16.25B
37.99M
0.21%
93.17%
3.48%
Data Processing, Hosting, and Related Services
Information
Link
US
Norwalk

About FDS

factset is a leading provider of financial data and analytic applications for investment management and investment banking professionals around the globe. factset offers instant access to financial data and analytics to thousands of analysts, portfolio managers, and investment bankers at the world’s financial institutions. factset’s business is built on the creative use of technology and an unwavering dedication to client service. we remain on the cutting edge by continually developing and refining our software. our tools enable clients to perform investment research at the most sophisticated level. we offer individual consultant contacts, 24-hour personal support, and dedication to our users for client service that is unsurpassed in the industry. factset is one of fortune's "100 best companies to work for." follow us on twitter @factset. like us on facebook at www.facebook.com/factset.