Interactive Data Declares Dividend
May 24 2007 - 9:00AM
Business Wire
Interactive Data Corporation (NYSE: IDC), a leading provider of
financial market data, analytics and related services to financial
institutions, active traders and individual investors, today
announced that its Board of Directors has declared a quarterly cash
dividend of $0.125 per share of Interactive Data common stock
payable on June 27, 2007 to stockholders of record on June 7, 2007.
This is the Company�s second consecutive quarterly cash dividend.
The actual declaration of future quarterly dividends, and the
establishment of record and payment dates, is subject to final
determination of the Board of Directors of Interactive Data.
Interactive Data also announced the successful adoption of two
proposals at the Company�s annual meeting of stockholders, held on
May 23, 2007. Specifically, the following ten directors were each
elected to serve one-year terms: John Makinson (chairman of the
Board of Directors); Stuart J. Clark; Myra R. Drucker; William T.
Ethridge; Rona A. Fairhead; Donald P. Greenberg, Ph.D; Caspar J.A.
Hobbs; Philip Hoffman; Robert C. Lamb, Jr.; and Carl Spielvogel. In
addition, stockholders also ratified the appointment of Ernst &
Young LLP as Interactive Data�s independent auditors for the fiscal
year ending December 31, 2007. In addition to the adoption of these
proposals, Stuart Clark, Interactive Data's president and chief
executive officer, delivered a presentation to stockholders in
attendance that detailed the Company's accomplishments during 2006
and highlighted its first-quarter 2007 results and achievements.
The presentation is available on the investor relations section of
Interactive Data's website at www.interactivedata.com.
Forward-looking and Cautionary Statements This press release
contains certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 and federal
securities laws, and is subject to the safe-harbor created by such
Act and laws. Forward-looking statements include our statements
discussing our goals, beliefs, strategies, objectives, plans,
future financial conditions, results of operations and cash flows
or projections, including those statements related to any potential
future quarterly dividends or any potential future stock repurchase
transactions, including the timing, nature and financial impact of
issuing any such dividend. These statements are subject to known
and unknown risks, uncertainties, assumptions and other factors
that may cause actual results to be materially different from those
contemplated by the forward-looking statements. Such factors
include, but are not limited to: (i) the ability of our majority
shareholder to exert influence over our affairs, including the
ability to approve or disapprove any corporate actions submitted to
a vote of our stockholders; (ii) the market price of our common
stock and other market conditions; (iii) the difficulty in
predicting our future cash needs; (iv) the nature of other
investment opportunities available to us from time to time; (v) our
operating cash flow; and (vi) other factors identified in our most
recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q
filed with the Securities and Exchange Commission. We undertake no
obligation to update these forward-looking statements. About
Interactive Data Corporation Interactive Data Corporation (NYSE:
IDC) is a leading global provider of financial market data,
analytics and related services to financial institutions, active
traders and individual investors. The Company�s businesses supply
time-sensitive pricing, evaluations and reference data for more
than 3.5 million securities traded around the world, including
hard-to-value instruments. Many of the world's best-known financial
service and software companies subscribe to the Company's services
in support of their trading, analysis, portfolio management and
valuation activities. Through its businesses, Interactive Data
Pricing and Reference Data, Interactive Data Real-Time Services,
Interactive Data Fixed Income Analytics and eSignal, Interactive
Data has approximately 2,200 employees in offices located
throughout North America, Europe, Asia and Australia, and is
headquartered in Bedford, MA. Pearson plc (NYSE: PSO; LSE:PSON), an
international media company, whose businesses include the Financial
Times Group, Pearson Education, and the Penguin Group, owns
approximately 62 percent of the outstanding common stock of
Interactive Data Corporation. For more information, please visit
www.interactivedata.com. The Interactive Data Pricing and Reference
Data business includes Interactive Data Pricing and Reference Data
Corporation, a Delaware corporation. The Interactive Data Real-Time
Services business includes Interactive Data Real-Time Services,
Inc., a New York corporation.
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