Factset Research Systems - FDS STOCK NEWS

FactSet (NYSE:FDS) will release its financial results for the second quarter of fiscal 2021, ending February 28, 2021, on March 30, 2021. A conference call to discuss the results will take place at 11:00 a.m. ET on the same day. Investors can participate via phone or through a webcast. The company provides integrated financial information and analytical applications to over 138,000 users globally, and highlights its recognition for LGBTQ+ inclusion through the Human Rights Campaign's Corporate Equality Index.

FactSet (NYSE:FDS, NASDAQ:FDS) has been chosen as the primary market data and technology provider for Royal Bank of Canada’s (RBC) wealth management division, deploying its solutions to over 8,000 professionals across North America.

The multi-year agreement includes FactSet's web-based workstation, the Advisor Dashboard, and integration of key news services. This partnership reflects a growing demand for sophisticated data in wealth management, especially post-COVID-19, positioning RBC as a market leader in adopting innovative technology.

FactSet (NYSE:FDS) has launched an integration for Microsoft Teams, allowing users to access its financial news and data directly within the platform. This service is available to over 115 million active Teams users, enabling them to receive notifications on market-moving events and conduct searches for company information without leaving Teams. Clients of FactSet will enjoy additional functionality, including detailed financial data and an 'answer' feature for common queries. The integration aims to improve collaboration and streamline workflows for FactSet clients who utilize Teams.

FactSet (NYSE:FDS) has announced a quarterly cash dividend of $0.77 per share, which will be distributed on March 18, 2021, to shareholders on record as of February 26, 2021. This regular dividend payment reflects the company's commitment to returning value to shareholders. As a leading provider of financial information and analytics, FactSet serves over 138,000 users globally, helping investment professionals with insights and workflow solutions.

FactSet reported its fourth-quarter results for fiscal 2020, showing a 5.3% increase in GAAP revenues to $383.6 million, driven by strong sales in analytics and wealth management solutions. The company also noted an annual subscription value of $1.56 billion, up from $1.48 billion, with a 5.3% organic growth rate. However, operating margin declined to 25.7% due to an impairment expense, while diluted EPS decreased by 2.1% to $2.29. Adjusted diluted EPS rose 10.3% to $2.88. FactSet remains confident about its prospects for fiscal 2021.

FactSet (NYSE:FDS, NASDAQ:FDS) achieved significant recognition in its fiscal year, winning multiple industry awards that underscore its excellence across the investment workflow. Key accolades include the Buy-Side Market Risk Management Product of the Year and Best Client Reporting Solution. FactSet’s commitment to innovation and client support has been highlighted by CEO Phil Snow. The company was honored with 25 awards from various organizations, including the Risk.net Markets Technology Awards and Waters Technology Awards, reflecting its leadership in data and analytics.

FactSet (NYSE:FDS), a leader in financial information and analytical applications, will migrate its real-time ticker plant to Amazon Web Services (AWS), creating a pioneering cloud-based data service. This migration, set to start later in 2020 and finish in 2021, aims to enhance data speed and efficiency, benefiting clients with reduced latency and improved market data processing. The partnership with AWS allows FactSet to leverage their global infrastructure to deliver faster access to essential financial data, crucial for investment decisions.