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Nasdaq Expands Paid Research Initiative

In an effort to fill the void in analyst coverage for midsize companies, Nasdaq OMX is expanding an arrangement with Morningstar to allow companies listed on the exchange to obtain analyst coverage.

By staff Writer | Updated on February 01, 2010

One of the thorniest challenges for midsize companies in recent years has been obtaining analyst coverage. More companies have lost the analyst coverage that helps them attract new investors as brokerage firms cut their budgets and laid off staff.

In an effort to fill that void, Nasdaq OMX is expanding an arrangement with Morningstar, the Chicago investment research firm, to allow the companies listed on the exchange to obtain analyst coverage from Morningstar.

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