2002 Thomson Financial - Business Schoolbusiness-school.exeter.ac.uk/documents/resources/... · 2008-05-08 · Thomson ONE Analytics Manual Introduction Logging on to Thomson ONE

2002 Thomson Financial

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 ...................................................................................................................... 10

SECTION 1: USING THOMSON ONE ANALYTICS .......................................................... 12

CHAPTER 1 THE COMPANY TAB............................................................................................. 12

Overview & Objectives ......................................................................................................... 12

Selecting a Company............................................................................................................. 13

Summary Information ........................................................................................................... 13

Thomson Connect.................................................................................................................. 14

Company Snapshot................................................................................................................ 14

Datastream Price ............................................................................................................... 15

Growth and P/E................................................................................................................. 15

Worldscope Fundamentals................................................................................................ 15

Recent Research................................................................................................................ 15

Upcoming Events.............................................................................................................. 15

Recent Filings ................................................................................................................... 16

Company Detail .................................................................................................................... 16

Company Consensus ............................................................................................................. 18

Consensus Estimates Table............................................................................................... 19

P/E Ratio ........................................................................................................................... 19

Industry Relative............................................................................................................... 20

EPS Growth ...................................................................................................................... 20

Company Research ............................................................................................................... 21

Searching for Similar Research Documents ..................................................................... 22

Viewing Similar Research ................................................................................................ 23

Batch Printing & Saving Research ................................................................................... 23

Company History .................................................................................................................. 24

Datastream Price History .................................................................................................. 24

Historical Consensus......................................................................................................... 25

Company Events & News...................................................................................................... 26

Company Fundamentals ....................................................................................................... 27

Company Institutional Holdings ........................................................................................... 28

CHAPTER 2 THE PORTFOLIO TAB .......................................................................................... 30


Selecting a Portfolio ............................................................................................................. 30

Thomson Connect.................................................................................................................. 31

Portfolio Snapshot ................................................................................................................ 31

Overview........................................................................................................................... 32

Portfolio Price Changes .................................................................................................... 32

Portfolio Growth and P/E.................................................................................................. 33

Recent Research................................................................................................................ 33

Company Reports.............................................................................................................. 33

Revisions....................................................................................................................... 34

Valuation....................................................................................................................... 35

Momentum.................................................................................................................... 36

Growth .......................................................................................................................... 37

Consensus ..................................................................................................................... 38

Surprise ......................................................................................................................... 39

Portfolio Research ................................................................................................................ 40

Summary Research ........................................................................................................... 40

Detail Research ................................................................................................................. 41


Searching for Similar Research Documents ..................................................................... 42

Manual Entry .................................................................................................................... 43

Symbol Lookup................................................................................................................. 45

Importing........................................................................................................................... 45

Migrating Portfolios from First Call Web .................................................................... 47

Editing............................................................................................................................... 47

Manual Editing.............................................................................................................. 47

Import Editing............................................................................................................... 48

Deleting............................................................................................................................. 49

Attribute Settings................................................................................................................... 50

Portfolio Holdings ................................................................................................................ 51

CHAPTER 3 THE MARKETS TAB .............................................................................................. 53


Markets Snapshot.................................................................................................................. 53

Top 5 & Bottom 5 Revisions ............................................................................................ 54

Indices at a Glance ............................................................................................................ 54

Top 5 & Bottom 5 Growth Countries ............................................................................... 55

Recent Economic Research............................................................................................... 55

Markets Country Aggregates ................................................................................................ 55

Viewing Country-Specific Data ............................................................................................ 57

Overview Data .................................................................................................................. 57

Historical Data .................................................................................................................. 58

Sector Data........................................................................................................................ 59

Industry Data..................................................................................................................... 59

Market Indices .................................................................................................................. 60

Aggregate Charts .............................................................................................................. 60

Viewing Charts ............................................................................................................. 61

Creating Custom Charts................................................................................................ 61

Economics..................................................................................................................... 62

Market Index Search ............................................................................................................. 63

Overview Index Search..................................................................................................... 64

One Month % Chg in 12-Mon-Fwd EPS.......................................................................... 65

Change in EPS Forecast.................................................................................................... 65

Consensus EPS Forecast ................................................................................................... 65

Historical Index Search..................................................................................................... 66

Index Charts ...................................................................................................................... 66

Viewing Charts ............................................................................................................. 67

Creating Custom Charts................................................................................................ 68

Markets Commentary............................................................................................................ 68


Markets Quick Aggregates.................................................................................................... 70

CHAPTER 4 THE SCREENING TAB ........................................................................................... 71


Screening Snapshot............................................................................................................... 71

Significant Price Changes ................................................................................................. 72

Earnings News Events ...................................................................................................... 72

P/E Ratios by Sector or Industry....................................................................................... 72

Screening Q-Screen .............................................................................................................. 73

Understanding your Results.............................................................................................. 74

Working with Filters ......................................................................................................... 75


Screening Broker / Analyst ................................................................................................... 77

Viewing Broker Information............................................................................................. 77

Viewing Detailed Analyst Information............................................................................. 79

Comparing Two Analysts’ Forecasts.................................................................................... 80

Screening Research............................................................................................................... 82

Quick Search..................................................................................................................... 82

Criteria Search .................................................................................................................. 83

Working with Filters ......................................................................................................... 86


CHAPTER 5 THE PUBLISHING TAB .......................................................................................... 88


Publish Quantitative ............................................................................................................. 88

Tracking Your Estimate and Comparing to Your Peers ................................................... 90

Viewing Additional Data .................................................................................................. 91

Research................................................................................................................................ 91

Queue ................................................................................................................................ 91

Sending Research.......................................................................................................... 91

Removing Research ...................................................................................................... 92

Deleting from Published Status .................................................................................... 93

Archiving Research....................................................................................................... 93

Uploading Research .......................................................................................................... 94

Indexing ............................................................................................................................ 95

Looking up Company Symbols .................................................................................... 97

Saving a Template......................................................................................................... 98

Editing Templates & Indices ........................................................................................ 98

Deleting Templates ....................................................................................................... 99

View Archives .................................................................................................................. 99

Un-Archiving Indices.................................................................................................. 100

Removing Archived Indices ....................................................................................... 100

CHAPTER 6 CONNECT ............................................................................................................ 101

Overview & Objectives ....................................................................................................... 101

Inbox ................................................................................................................................... 101

Searching/Filtering.......................................................................................................... 102

Premium Channels .......................................................................................................... 103

Interest Lists / Portfolios................................................................................................. 103

Package Viewer .............................................................................................................. 104

Sent Items ............................................................................................................................ 105

Contacts .............................................................................................................................. 105

Contact Lists ................................................................................................................... 106

Received Invitations........................................................................................................ 108

Sent Invitations ............................................................................................................... 108

Search / Send Invitations ................................................................................................ 108

Quick Send.................................................................................................................. 109

Target Contacts ........................................................................................................... 109

Modify Relationships.................................................................................................. 110

CHAPTER 7 ALERTING ........................................................................................................... 111

Overview & Objectives ....................................................................................................... 111

Viewing Alerts..................................................................................................................... 112

Creating Alerts.................................................................................................................... 112

Ticker Lookup ..................................................................................................................... 114

Activating/Deactivating Alerts............................................................................................ 115

Editing Alerts ...................................................................................................................... 115

Deleting Alerts .................................................................................................................... 116

SECTION 2: INCORPORATING WORKFLOW SOLUTIONS........................................ 117

USER 1 – SELECTION -MARKETS -SECTORS -INDUSTRIES -INDICES -STOCKS.................... 117

Evaluating a Country.......................................................................................................... 118

Searching Index Aggregates ............................................................................................... 119

Calculating Custom Aggregate Information....................................................................... 121

Picking Stocks Based on a Quantitative Screening ............................................................ 122

To Create a New Screen ................................................................................................. 122

To Run an Existing Screening Filter............................................................................... 123

To Save as a Portfolio ..................................................................................................... 123

USER 2 – RESEARCH -STOCKS -GROUPS OF STOCKS -PORTFOLIOS .................................... 124

Selecting Stock(s) from a Portfolio ..................................................................................... 124

Viewing Company Data ...................................................................................................... 128

To View Company Snapshot .......................................................................................... 128

To View Company Details.............................................................................................. 128

To Learn More About Analysts ...................................................................................... 129

To View Broker Research............................................................................................... 131

To View the Company’s History .................................................................................... 131

To View Company Fundamentals .................................................................................. 132

To View Company Institutional Holdings...................................................................... 133

APPENDIX A ADMINISTERING RESEARCH............................................................................. 134

Setting User Rights ............................................................................................................. 134

Setting Entitlement Groups ................................................................................................. 135

Disabling Collaborating Firms........................................................................................... 137

Setting Remote File Locations ............................................................................................ 138

APPENDIX B ENTITLED FUNCTIONALITY .............................................................................. 140

GLOSSARY .............................................................................................................................. 141

INDEX ...................................................................................................................................... 147

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

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Thomson Financial 1

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 E-Mail Headquarters

North America: 800.347.7822

London: +44 (0) 870.191.0583

Manila: +63 2 878.5772

[email protected]

[email protected]

[email protected]

Thomson Financial

195 Broadway

New York, NY 10007 USA

+1 646 822.2800

+1 646 822.2828 (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.

NNootteess 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.

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Thomson Financial 2


Logging on to Thomson ONE Analytics

Thomson ONE Analytics supports Internet Explorer version 5.5 and

Netscape version 4.7.6 and higher.

1. Navigate your Internet browser to www.thomsononeanalytics.com.

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.

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Thomson Financial 3


!" 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 e-mail 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.

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Thomson Financial 4


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.

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Thomson Financial 5


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

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Thomson Financial 6


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.

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Thomson Financial 7


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, email

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.

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Thomson Financial 8


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 drop-

down 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)

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Thomson Financial 9


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.

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Thomson Financial 10


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

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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.

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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.

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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. 101.

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

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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.

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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.



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

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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. Grayed-

out estimates are removed from the consensus.

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! 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).

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To Create a Consensus Report:

1. Click the Company tab, and then the Consensus tab.



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.

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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.


To work with data in an Excel spreadsheet, click Export to Excel. An

Excel spreadsheet will be launched with all of the information listed.

_____________________________________________________________________________________________



Company Research

Through the Company Research screen, you may view different research

documents and summary information for any company.

NNoottee:: 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.



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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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.



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.

_____________________________________________________________________________________________



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.


To work with data in an Excel spreadsheet click Export to Excel. An


_____________________________________________________________________________________________



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 email 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

http://www.imc.org.

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.



3. Click on your desired news tab (Corporate Events, Filings, PR

Newswire).

NNoottee:: Some Events launch password-protects sites protected by its sponsor.

Company News & Events

_____________________________________________________________________________________________



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.



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

_____________________________________________________________________________________________



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.



Institutional Holdings Tables

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________


Chapter 2

The Portfolio Tab


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 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. 101.

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

_____________________________________________________________________________________________



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:




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.

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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.


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.




_____________________________________________________________________________________________



Valuation

The Valuation report highlights the relationship of several different

forecast measures to a security’s price.

To View Valuation:



menu.

3. Click the Company Reports tab.

4. Click the Valuation tab.


Viewing Portfolio Valuation

TIPS

! Sorting











_____________________________________________________________________________________________



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:



menu.


4. Click the Momentum tab.

5. Select your desired currency from the Local Currency drop-down

menu.



Viewing Portfolio Momentum

TIPS

! Sorting








_____________________________________________________________________________________________



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:


2. Select a portfolio from the Select a Portfolio drop-down menu.


4. Click the Growth tab.


menu.


V

iewing Portfolio Growth

TIPS

! Sorting



order. To reverse the order, click the column head again.





_____________________________________________________________________________________________



Consensus

The consensus report highlights the consensus forecasts for a variety of

periods in one view.

To View Consensus:




4. Click the Consensus tab.


menu.


Viewing Portfolio Consensus

TIPS

! Sorting








_____________________________________________________________________________________________



Surprise

The surprise report compares a company's reported numbers to an

analyst's forecast

To View Surprise:




4. Click the Surprise tab.


menu.


Viewing Portfolio Consensus

TIPS

! Sorting








_____________________________________________________________________________________________



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






desired ticker or company name. The Company Snapshot for the

selected company will be displayed.

Portfolio Research Summary

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________









or save,

OR




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.

_____________________________________________________________________________________________



Maintain Portfolios

Manual Entry

NNoottee:: 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.

NNoottee:: 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)

_____________________________________________________________________________________________



NNoottee:: 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

_____________________________________________________________________________________________



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.

NNoottee:: 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.

_____________________________________________________________________________________________



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.

NNoottee:: 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

_____________________________________________________________________________________________



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:


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.

NNoottee:: 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.

_____________________________________________________________________________________________



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:


2. Click the Import tab.

3. Select the portfolio you’d like to edit from the Select a Portfolio

drop-down menu.

NNoottee:: 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.

_____________________________________________________________________________________________



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.

NNoottee:: You cannot append a portfolio that includes holdings to a

portfolio without holdings.

Editing a Portfolio through Importing

Deleting

To Delete a Portfolio:


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.

NNoottee:: 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

_____________________________________________________________________________________________



Attribute Settings

From this area of Thomson ONE Analytics, you may change the various

attributes for any portfolio that you have created.

NNoottee:: 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

_____________________________________________________________________________________________



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.

NNoottee:: 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

_____________________________________________________________________________________________



TIPS

! Sorting











_____________________________________________________________________________________________


Chapter 3

The Markets Tab


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 market-

level 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.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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







_____________________________________________________________________________________________



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:


2. Click your desired country

3. Click the Overview tab.

Country Overview

_____________________________________________________________________________________________



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:


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

_____________________________________________________________________________________________



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:



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:



3. Click the Industries tab.

Country Industries

_____________________________________________________________________________________________



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:


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.

_____________________________________________________________________________________________



Viewing Charts

To View Aggregate Charts:



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:




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

_____________________________________________________________________________________________



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.

NNoottee:: 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:



3. Click the Economics tab.

4. Select your desired indicator (Macro Key or Monetary).

Country Market Economics

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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







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:


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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



Historical Index Search

To View Historical Aggregates:




Industry.

4. Click Go.


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.

_____________________________________________________________________________________________



Viewing Charts

To View Index Charts:




Industry.

4. Click Go.



7. Select your desired chart, either PE vs. Inverse Government

Bond Yield, or P/E Bond Yield Ratio.

Index Aggregate Chart

_____________________________________________________________________________________________



Creating Custom Charts

To Create Custom Aggregate Charts:




Industry.

4. Click Go.



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.

_____________________________________________________________________________________________



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







or save,

OR




_____________________________________________________________________________________________



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.

NNoottee:: 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

_____________________________________________________________________________________________


Chapter 4

The Screening Tab


The Thomson ONE Analytics screening functionality allows you to

perform a variety of criteria-based searches. These searches take a “top-

down” 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.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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.

NNoottee:: 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

_____________________________________________________________________________________________



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.

NNoottee:: 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.

_____________________________________________________________________________________________



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. 73-74).

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.

NNoottee:: Filters that you have created and saved appear with an

asterisk (*) in the Select Saved Filters list.

_____________________________________________________________________________________________



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.

NNoottee:: 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.






1. Under the Research results tab, click the check-box next to the

research item(s) you’d like to print or save,

OR



icon ( ) to print the icon.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



Viewing Detailed Analyst Information

To View Detailed Analyst Information:


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.

NNoottee:: 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.

_____________________________________________________________________________________________



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.

NNoottee:: 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.

_____________________________________________________________________________________________



To Compare two Analysts:


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







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.

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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:


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)

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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 ( ) and select the search

criteria for the filter.

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:


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 ( ).

_____________________________________________________________________________________________



To Delete a Filter:


2. Select the filter you’d like to delete from the Select Saved Filters

drop-down menu.

NNoottee:: You may only delete a filter that you created. These are

noted with an asterisk (*).


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.







or save,

OR



icon ( ) to print the research

_____________________________________________________________________________________________


Chapter 5

The Publishing Tab


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.

_____________________________________________________________________________________________



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.



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

_____________________________________________________________________________________________



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.

NNoottee:: 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.



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

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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:


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:


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

_____________________________________________________________________________________________



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.

NNoottee:: 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


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).

NNoottee:: The first analyst that you select is considered your “Primary

Analyst.”

(Continued)

_____________________________________________________________________________________________



12. 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.

NNoottee:: To save the index as a template, see “Saving a Template” (p.

98).

Indexing Research

_____________________________________________________________________________________________



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


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

_____________________________________________________________________________________________



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:


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.

_____________________________________________________________________________________________



To Edit an Index in the Queue:


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.


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.

_____________________________________________________________________________________________



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:


View Archives tab.

2. Click the check box(es) next to the index(es) you’d like to un-

archive.

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:


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

_____________________________________________________________________________________________


Chapter 6

Connect


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.

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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

NNoottee:: 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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



To edit a contact list:



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:



3. Select the list you'd like to delete from your Contacts List.

4. Click Delete.

Deleting Contact Lists

_____________________________________________________________________________________________



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:


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:


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:

_____________________________________________________________________________________________



Quick Send


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


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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________


Chapter 7

Alerting


Alerting within Thomson ONE Analytics provides real-time customized

access to research through e-mail alerts. Your alerts are based on criteria

that you select, namely, which research products to search on and what

time the e-mail will arrive. Furthermore, you may open your desired

documents directly from your e-mail.

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.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



NNoottee:: 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 e-mail address where you’d like the alert to be sent in the

E-mail 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

_____________________________________________________________________________________________



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


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

_____________________________________________________________________________________________



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.

NNoottee:: 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.

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________


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 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:



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

_____________________________________________________________________________________________



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:


2. Select your desired country in the Select Country box.


Industry.

4. Click Go.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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).

_____________________________________________________________________________________________


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.

_____________________________________________________________________________________________



To View Portfolio Stock(s) Relative to Each Other:




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

_____________________________________________________________________________________________



To View Portfolio Research and Forecast Data Activity:

1. Click the Portfolio tab, and then the View Portfolios tab,



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

_____________________________________________________________________________________________



To View a Portfolio’s Exposure to Different Equities:

1. Click the Portfolio tab, and then the Holdings tab.



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

_____________________________________________________________________________________________



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.



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.



3. Click the Recent Estimates (30 days) check box to view the most

recent estimates.

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________



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.

_____________________________________________________________________________________________


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 email to TF

Administration ([email protected]).

_____________________________________________________________________________________________


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.

NNoottee:: 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.

NNoottee:: 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.

_____________________________________________________________________________________________



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.


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

_____________________________________________________________________________________________



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 drop-

down menu.

3. To add users, select your desired users from the Eligible Users

box, and click Add.


name.

4. To remove users, select your desired users from the Entitled Users

box, and click Remove.


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 in-

house documentation, you are responsible for providing In-House access

to the users in the collaborating firms.

_____________________________________________________________________________________________



To add a new collaborating firm, please send an email to TF

Administration ([email protected]).

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.

NNoottee:: 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

_____________________________________________________________________________________________



To Edit a Location:

1. Click the Utility tab, then the Research Admin tab, and then the

File Locations tab.

2. Click the location that you’d like to modify in the File Location

Description column.

3. Make your desired changes.

NNoottee:: To clear all fields, click Clear.

4. Click Add/Modify to save the changes.

Modify File Location

TIP

! Sorting


clicking on the column. The numerical data will be sorted in

descending order, and the alphabetical data will be sorted

alphabetically. To reverse the sort order, click the column head a

second time.

_____________________________________________________________________________________________


Appendix B

Entitled Functionality

Thomson ONE Analytics included functionality that is viewable on an

entitlement basis. There are two levels of entitlement; one is at the broker

level, and the other is at the Thomson Financial administration level. To

gain permission to functionality that you are not currently entitled for,

please call you local Customer Service Representative.

Broker level entitlements are made by individual broker requests. Specific

brokers might deny access to the following content for users normally

allowed to view it:

! Any forecast data on a detailed level

! Research Reports

! Morning Notes

Thomson Financial administration level entitlements are content or

functions controlled by the Thomson administration. The following lists

the Thomson administration entitlements:

! Research/Notes/ Holding (Company, Portfolio, Screening)

! Worldscope data (Company, Screening)

! Full First Call Events (Company, News & Events)

! Aggregate data (Markets)

! In-House Research Publishing (Publish, Utility)

_____________________________________________________________________________________________


Glossary

Cash Flow Per Share (CPS)

Cash Flow Per Share is corporation’s cash flow from operations (before investing and financing

activities), divided by the average number of outstanding common shares for the year. Investing

includes the sale or purchase of land, factories, buildings, etc. Financing includes the dividend

payments, loan proceeds, and sale of stock.

Coefficient of Variation

The coefficient of variation is the standard deviation of estimates for the period indicated,

expressed as a percentage of the mean estimate. This measures the relative dispersion of

estimates around the mean. Consensus Price Target

The Consensus Price Target estimates are received directly from contributing analysts. While

there are differing methodologies, the price target forecast is generally derived from an expected

stock price over a 12-month period (unless otherwise noted). Thomson Financial uses the

median price target value because it is less likely to be affected by outlier forecasts. Consensus Recommendation

The Consensus Recommendation appears as the mean of a company’s assigned recommendation

value and text. The consensus text is determined by rounding the mean value to the nearest

integer.

CUSIP/SEDOL

The CUSIP is and 8-digit alphanumeric code assigned by the Standard and Poor’s Corporation

for US and Canadian securities

The SEDOL is a 6-digit numeric code assigned by the London Stock Exchange.

Dividends Per Share (DPS)

Dividends Per Share is a corporation’s common stock dividends on an annual basis, divided by

the weighted average number of common outstanding shares for the year.

Earnings Before Goodwill (EBG)

EBG is a company’s per share earnings before the amortization of goodwill. Some countries

(France, for example) treat goodwill as part of ordinary income, and the amortization component

is added back to yield earnings before goodwill amortization.

Earnings Before Interest and Taxes (EBIT)

EBIT measures the earnings of a company before interest expense and income taxes are paid.

EBIT gauges a corporation’s earnings before there are debt servicing to creditors (including

bondholders) or corporate taxes payment.

_____________________________________________________________________________________________


Thomson ONE Analytics Manual Glossary

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA)

EBITDA gauges the raw earnings power of a company before debt servicing, corporate taxes,

and/or any allowances for depreciation and amortization costs are made for the company.

Earnings Per Share (EPS)

EPS is a corporation’s net income from continuing operations, divided by the weighted average

number of outstanding shares for the year.

Funds Available for Distribution (FAD)

FAD is a measure used by real estate and other investment trusts to define the cash flow from

trust operations. It is earnings with depreciation; less capital investments in trust property and

the amortization of mortgages.

Funds From Operations (FFO)

FFO is a measure used by real estate and other investment trusts to define the cash flow from

trust operations. It is earnings with depreciation and amortization added back.

Growth

Growth measures one-year earnings (cash flow or dividends) per share growth from the prior to

current, or current to following fiscal years (FY1/FY0; FY1/FY2; FY2/FY3).

Indexing Research Formats

Thomson Financial accepts the following file types for indexing research:

Active Server Pages (ASP)

Bitmap (BMP)

Cabinet (CAB)

Cascading Style Sheet (CSS)

Data (DAT)

Extensible Markup Language (XML)

Graphic Interchange Format (GIF)

Hypertext Markup Language (HTM, HTML)

Initial File (INI)

Joint Photographics (JPE, JPEG, JPG)

MP3

Microsoft Excel (CSV, XLA, XLC, XLM, XSL, XLT, XLW)

Microsoft Project (PPT)

Microsoft Word Document (DOC)

Microsoft Word Template (DOT, DWT)

Microsoft Works (WCM, WDB, WKS, WPS)

Moving Picture Expert (MP2, MPA, MPE, MPEG, MPG)

Multi Media Extension (MMX)

Palette (PAL)

PDF

Photo (PCX)

Portable Network Graphics (PNG)

Power Point (POT, PPS, PPT)

_____________________________________________________________________________________________



Program Information (PIF)

Rich Text (RTF)

Structured Markup Language (SHML, SHTML)

Text

Video Clip (AVI)

Virtual Reality Modeling Language (VRML)

Wave (WAV) Industry Relative

The Industry Relative figure is a comparison of the projected earnings per share for a company

(looking ahead to the various fiscal periods), to the aggregate growth for the industry in which

the company is listed. The value is calculated by dividing the period growth rate for the

company by the same period growth rate for the industry. Lancer Expert Estimates

The Lancer EPS estimate is based on the proprietary Lancer Analytics Predicted Earnings

Surprise Model, which often derives a more accurate earnings estimate than the general

consensus estimate. This model identifies which analysts have historically been the most

accurate and places greater emphasis on estimates made by those individuals. Long Term Growth (LTG)

Long Term Growth forecasts are received directly from contributing analysts. While different

analysts apply different methodologies, the Long Term Growth forecast generally represents an

expected annual increase in operating earnings over the company’s next full business cycle. Due

to the variance in calculation methodologies, Thomson uses the median value as opposed to the

mean value for LTG. The median value is less affected by outlier forecasts.

Market Capitalization (Market Cap)

Market Cap represents the total value in a local currency of a company’s outstanding equity. It is

calculated by multiplying the number of outstanding shares by the latest closing price. The

shares outstanding include only those shares of underlying analysts’ current earnings forecasts

and may not include all classes of shares.

Measure Definitions The measure codes have the following definitions (C = Child, P = Parent):

! BPS: Book Value per Share [C]

! BPSPAR: Book Value per Share [P]

! CPS: Cash Flow per Share [C]

! CPSPAR: Cash Flow per Share [P]

! DPS: Dividend per Share

! EBG: Earnings Per Share before Goodwill [C]

! EBGPAR: Earnings Per Share before Goodwill [P]

! EBI: Earnings Before Interest and Taxes [C]

! EBIPAR: Earnings Before Interest and Taxes [P]

! EBT: Earnings Before Interest, Taxes, Depreciation, and Amortization [C]

! EBTPAR: Earnings Before Interest, Taxes, Depreciation, and Amortization [P]

! EPS: Earnings Per Share [C]

_____________________________________________________________________________________________



! EPSPAR: Earnings Per Share [P]

! FFO: Funds from Operations [C]

! FFOPAR: Funds from Operations [P]

! NAV: Net Asset Value [C]

! NAVPAR: Net Asset Value [P]

! NDT: Net Debt [C]

! NDTPAR: Net Debt [P]

! NET: Net Income [C]

! NETPAR: Net Income [P]

! OPR: Operating Profit [C]

! OPRPAR: Operating Profit [P]

! PRE: Pretax Profit [C]

! PREPAR: Pretax Profit [P]

! ROA: Return on Assets [C]

! ROAPAR: Return on Assets [P]

! ROE: Return on Equity [C]

! ROEPAR: Return on Equity [P]

! SAL: Sales [C]

! SALPAR: Sales [P]

! SAV: Net Asset Value [C]

! SAVPAR: Net Asset Value [P]

! SBI: Earnings Before Interest and Taxes [C]

! SBIPAR: Earnings Before Interest and Taxes [P]

! SBP: Book Value per Share [C]

! SBPPAR: Book Value per Share [P]

! SBT: Earnings Before Interest, Taxes, Depreciation, and Amortization [C]

! SBTPAR: Earnings Before Interest, Taxes, Depreciation, and Amortization [P]

! SEP: Earnings Per Share [C]

! SEPPAR: Earnings Per Share [P]

! SNI: Net Income [C]

! SNIPAR: Net Income [P]

! SOA: Return on Assets [C]

! SOAPAR: Return on Assets [P]

! SOE: Return on Equity [C]

! SOEPAR: Return on Equity [P]

! SOP: Operating Profit [C]

! SOPPAR: Operating Profit [P]

! SPR: Pretax Profit [C]

! SPRPAR: Pretax Profit [P]

! SSA: Sales [C]

! SSAPAR: Sales [P]

NNoottee:: Secondary measures exist because of a legacy database issue and are not different from

standard measures. These measures must be kept for historic data.

_____________________________________________________________________________________________



Net Asset Value (NAV)

NAV is the total book value of a company’s security. It is generally the company’s total assets

subtracted by the value of intangible assets and current and long-term liabilities. NAV is helpful

in determining under priced equities by indicating the ultimate value of a company’s securities in

the event of its liquidation.

Net Income (NET)

NET is defined as a corporation’s after-tax income. This measure varies significantly from

market to market in regards to the inclusion or exclusion of non-recurring items.

Number of Estimates

This is the number of estimates for a company for the indicated fiscal period.

Operating Profit (OPR)

OPR is the difference between a company’s revenues and its costs and expenditures arising

directly out of a company’s regular operations. Operating Profit is calculated before non-

operating income deductions are made, and excludes income from outside the firm’s regular

activities.

P/E Ratio – Actual

This is the price/earnings ratio for the company based on the most recent closing price and the

last reported annual earnings per share (EPS).

P/E Ratio – Estimate

This is the price/earnings ratio for the company based on the most recent closing price and the

annual mean expected earnings (EPS) for the selected fiscal period.

P/E/Growth Ratio (PEG)

This is the price/earnings to growth ratio for the selected fiscal period over the growth rate for

the same fiscal period.

Price

Price is the current trading price of the selected stock. The price is delayed by 20 minutes.

When viewing index or market information, price is measured as the aggregate price for all of

the companies in that market or index, and therefore shows the movement of the index as a

whole. Return on Assets (ROA)

Return on Assets is a profitability ratio that gauges the return on investment of a specific

company. ROA measures the company’s operating efficiency regardless of its financial

structure. It is calculated by dividing its earnings before interest and taxes (EBIT) to the

company’s average total assets.

Return on Equity (ROE)

Return on Equity is a profitability ratio that gauges return on investment measuring how

effectively the company is employing stockholder money. ROE is calculated by dividing a

company’s net income by its average total equity.

_____________________________________________________________________________________________



Sales (SAL)

The Sales measure is a corporation’s net revenue, derived from core business activities.

Sector Industry Group Classification

Thomson uses a proprietary classification scheme to categorize companies into groups according

to their business lines. For American companies, a scheme similar to the S&P 500 Industry

grouping is used. For non-US companies, a system based on the Morgan Stanley Capital

International Industry Classifications is used.

Shares Outstanding

Shares Outstanding measures the amount of common stock that can be publicly traded. This

number only includes shares in the same class as the estimates being made.

Surprise Mean

The Surprise Mean is the arithmetic average of estimates in relation to actuals when earnings are

released to the marketplace.

_____________________________________________________________________________________________


Index

A Consensus 16-17

Detail 14-15 Administration History 21-22 Enabling/Disabling Researching 18-20 Collaborating Firms 112 Searching for Similar 19 Setting Viewing Similar 20 Entitlement Groups 110-112 Selecting 11 Remote File Locations 113 Summary Information 11 User Rights 109-110 Tab (about) 10 Aggregates Connect, Thomson 6, 14, 31, 101 Country-Specific Charts 49-52 Contacts 105 Creating Custom 53, 60 Inbox 101 Viewing 53 Sent Items 105 Global Index 55, 58, 94 Reports Contacting Thomson Financial 2 Country 46-48 Index 55, 58 Consensus Quick 62, 96 Company Reports 16 EPS Forecast 57 Alerting Estimate Tables 16 Activating/Deactivating 100 Historical 22, 107 Creating 97 Opinions, Gathering 80 Deleting 101 Editing 100 Conventions, Manual 2 Analyst Corporate Releases Activity 71-73, 104 (see “Company News & Events”) Comparing the Portfolios for two Different 72-73 Creating Reports Viewing Details 71 Aggregates Country 47-54

B Industry 51

Broker Details, Viewing 69-71, 106 Index 55, 58

Company C Consensus 16

History 21-22 Carson Data 25

Portfolio

Holdings 43-44 Charts

Quantitative Screening 65-67 Aggregate 52

Creating Custom 53

D Company

Datastream Comparing Performance to Others 72, 105

Data 54, 55, 94 Financial Details 24 Price History 12, 21, 107 Holding Notes 25, 108

Looking Up Symbols 88

E News & Events 23 Earnings Surprise 21, 72, 104, 107 Overall & Analyst Activity 71-73, 104 Printing Research 20 Estimates Recommendation Estimates 14, 16 Company Recommendation 14, 16 Reports

_____________________________________________________________________________________________


Thomson ONE Analytics Manual Index

M In-House

Submitting 80 Manual Conventions 2 Tracking to your Peers 81 Excel, Working With 15, 17, 22, 24, 31, 32, 34, 44,

49, 56, 73, 79, 94, 96, 107 Markets

Commentary 60-61 Country Aggregates 47-48

F Historical 50

Indices 52 Filters Industry 51 Building 15, 74 Overview Working with 67, 77 Sector 51 Country-Specific Data 49 Footnotes, Viewing 15 Aggregate Charts 52 Creating Custom 53 Viewing 53

G Economics 54

Gathering Consensus Opinions 80 Historical

Indices Global Aggregate Data 55, 58, 94

Industry Overview H Sector

Historical Consensus 22, 108 Index Search 55-57

Quick Aggregates 62

Holdings Snapshot 45-47

Company Notes 25, 108 Tab (about) 45

Portfolio Reports 44

Viewing Portfolio Equities 102

N Home Tab Navigation About 4

Using the Navigation Bar 3 Quick Navigation 4-6

Using Quick Navigation 4-6 I P Index

Portfolio Archiving 84

Attribute Settings 42-3 Charts 58-59 Company Reports 30 Deleting from First Call 84

Growth 33 Editing 89

Momentum 32 Historical 58 Research 34 Looking up Symbols 88

Revisions 30 Market Search 55

Valuation 31 Removing 83 Comparing Two Different Removing Archived 91

Analysts 72-3 Saving a Template 89

Deleting 42 Sending Research 82 Editing 40 Un-Archiving 91

Holdings Reports 43-44

Importing 38-39 Industry Manual Entry of 37 Country-Specific Data 49-54

Research 35 Creating Aggregate Reports 47

Printing & Saving 35 Searching for Similar 36 In-House Estimates

Selecting a 27 Submitting 80 Snapshot 28 Tracking to your Peers 81

Symbol Lookup 38

Tab (about) 27 Viewing Overview 28 Viewing Equities of 102

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Thomson ONE Analytics Manual Index

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Preferences

Account Defaults 7-8

Personal Information 7

Private Lists 9

Publishing

Indexing 86-7

Archiving 84

Deleting Archived 91

Deleting from First Call 84

Editing 89

Looking up Symbols 88

Removing 83

Research Queue 82

Saving a Template 89

Sending Research 82

Un-Archiving 91

Tab (about) 79

Uploading 85

Quantitative 79-80

Q Quantitative

Screening 65-66

Printing & Saving Research 68

Understanding Results 66

Working with Filters 67

Publishing 79-80

R Recommendation Estimates 14, 16

Reports

Aggregates 447-48

Markets

Country 49

Historical 50

Industry 51

Indices

Overview 49

Sector 51

Portfolio

Company 30

Holdings 43-44

Overview 29

Quantitative Screening 65-6

Research

Company 18-20

Printing & Saving 20

Searching for Similar 19

Viewing Similar 20

Most Contributor Submissions 20

Most Requested 20

Peer Company 20

Portfolio 34


Searching for Similar 36

Publishing (see “Publishing”)

Screening 74

Building a Filter 65-6


Working with Filters 67

S Screening

Analyst 71-72

Broker 69-70

Comparing Analyst Forecasts 72-3

Q-Screen 65-6

Research 64

Snapshot 63-4

Tab (about) 63

T Tabs

Company 10

Home 4

Markets 45

Portfolio 27

Publishing 79

Screening 63

Thomson Connect 6, 14, 31, 101

Contacts 105

Inbox 101

Sent Items 105

Thomson Financial

Carson Data 25

Contacting 25

Datastream Data 54, 55, 94

Global Aggregate Database 55, 58, 94

Worldscope Data 13

Thomson ONE Analytics

Contacting (Thomson Financial) 2

How it’s Used 1

Logging On 3

Tracking

In-House Estimates to your Peers 81

Movement in Portfolios

Growth 33

Momentum 32

Research 34

Revisions 30

Valuation 31 W Welcome 1

Worldscope Data 13