Back to Basics with New Global Fundamentals Web Service

First Published Tuesday, 21st July 2009 12:38 am from Xand : ChasCooper

The opinions expressed by this blogger and those providing comments are theirs alone, this does not reflect the opinion of Automated Trader or any employee thereof. Automated Trader is not responsible for the accuracy of any of the information supplied by this article.


If there's a silver lining to the global financial

crisis, it's the renewed appreciation for business basics. In

this period of uncertainty, href="http://www.xignite.com/xGlobalFundamentals.asmx">company

fundamentals and long-term prudence have taken center

stage in place of wild-eyed speculation and short-term gains. One

anecdotal example of this trend is the steady increase in demand

for XigniteFundamentals, now our seventh most popular web

service, providing href="http://www.xignite.com/xFundamentals.asmx">U.S. company

fundamentals and financial data.

In

fact, a new appreciation for fundamentals could very well be the

solution to the current crisis. Many large, successful companies

originally started during tough economic times. Just a few

examples include Google, Microsoft, FedEx, CNN, GE and HP. These

companies might not have survived their trying early years

without an intense focus on the core fundamentals that drive

profitability and long-term growth.

In

response to this back-to-basics trend, we've just launched a new

web service, XigniteGlobalFundamentals, providing href="http://www.xignite.com/xGlobalFundamentals.asmx">global

company fundamentals for securities listed on many

major exchanges outside the U.S. The service provides market cap,

earnings per share, p/e ratios, and beta for companies around the

globe. Check out href="http://www.xignite.com/xGlobalFundamentals.asmx">XigniteGlobalFundamentals

for yourself.

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