Feeds

Hemscott weighs up options

Trade sale or float could be on the cards

  • alert
  • submit to reddit

The essential guide to IT transformation

Online finance information service Hemscott.net is in talks regarding a possible IPO. The company, which claims 20 million page impressions per month, is being advised on its options by merchant bank Rothschilds. "One of these options might be flotation or a trade sale," confirmed one Hemscott representative. The company has received £5 million from institutional shareholders, which it plans to spend on marketing, new staff and developing its financial records database. The leader in the finance information sector is Yahoo!Finance, while Hemscott rival Interactive Investor International (iii) recorded 23 million page impressions for December 1999. In terms of users, Hemscott has 500,000 and iii 738,000. As well as the database, which contains five-year financial records of UK companies, Hemscott charges online stockbrokers to put "broker buttons" on its site. It also makes cash from subscription charges for certain parts of its site and from advertisements. ® Related Stories 'Defamed' bulletin board firm primes lawyers UK shares bulletin board faces legal bullet

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.