SANTA ROSA, Calif., Feb. 11 /PRNewswire/ -- TrimTabs Investment Research,
a leading source of data on supply and demand of equities and cash available
for investment, announced today that Goldman Sachs (NYSE: GS), through its
Hudson Street Services business, has made a minority investment in the firm.
TrimTabs said it plans to use a portion of the investment to expand its
current offering of global liquidity analysis.
Under the terms of the transaction, Hudson Street Services has agreed to
introduce TrimTabs' products and services to institutional buy-side investors.
Hudson Street Services, a Goldman Sachs business, offers investment
professionals access to a select platform of unique content and tools.
Collectively, Hudson Street Services offers a flexible and efficient way for
investors to access critical information designed to assist investors in
making better investment decisions.
TrimTabs' Chairman Charles Biderman said, "For a long time, we have wanted
to enrich our offerings with global data on supply and demand of equities and
cash available for investment; as well as expand our marketing capabilities.
The Hudson Street investment will make this possible."
Hudson Street Services CEO Michael Sanders said, "Goldman Sachs has found
TrimTabs' analysis very useful. We hope our new collaboration will help grow
TrimTabs Investment Research activities."
This release does not constitute an offer to sell or a solicitation of an
offer to sell any securities of TrimTabs.
TrimTabs Investment Research is a leading independent research service
that publishes detailed daily coverage of U.S. stock market liquidity,
including mutual funds and exchange-traded funds, as well as weekly withheld
income and employment tax collections. Founded by Charles Biderman, TrimTabs
has provided institutional investors with trading strategies since 1990. For
more information, please visit www.TrimTabs.com.
Contact Information:
Alison Simard
Media Relations
Stern & Company
+1 323-650-7117
arsimard@sternco.com
Ed Canaday
Goldman Sachs/Hudson Street
+1 212-357-0005
ed.canaday@gs.com
Charles Biderman
TrimTabs Investment Research
+1 415-331 4400
charles.biderman@trimtabs.com
SOURCE TrimTabs Investment Research
Alison Simard, Media Relations of Stern & Company, +1-323-650-7117,
arsimard@sternco.com; or Ed Canaday of Goldman Sachs/Hudson Street,
+1-212-357-0005, ed.canaday@gs.com; or Charles Biderman of TrimTabs Investment
Research, +1-415-331-4400, charles.biderman@trimtabs.com
