This will come as no surprise to anyone who has tried to get anything useful out of the major public tech companies’ investor relations groups, but financial consultants at Greenwich have come out with a ranking of the best IR groups — and no tech company is to be found among ‘em.
What companies dominate the list? A host of old-line companies, including retailing and aerospace & defense. Turns out they give the best analyst parties.
1. Burlington Northern Santa Fe Co. (Transportation)
2. EOG Resources (Energy)
3. Entergy Corp. (Utilities)
4. Chicago Mercantile Exchange (Diversified Financials)
5. J.C. Penney (Retailing)
6. United Technologies (Aerospace & Defense)
7. Staples Inc. (Retailing)
8. Bard (C.R.) Inc. (Health Care Equipment & Services)
9. Gilead Sciences (Pharmaceuticals & Biotechnology)
10. AFLAC Inc. (Insurance)
11. Rockwell Collins (Aerospace & Defense)
12. Costco Co. (Retailing)
13. Allergan, Inc. (Pharmaceuticals & Biotechnology)
14. Emerson Electric (Multi-Industry & Electrical Equipment)
15. Nordstrom (Retailing)
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I think if reporters/analysts weren’t such fawning pooshovers, tech companies would work harder…
I’m sure a reporter would ride around in the trunk of a Prius for three hours if it meant he/she would get an exclusive with Steve Jobs (fake or otherwise). Not sure you could say the same for the CEO of Emerson Electric
Only 1 financial company as well. Maybe it is easier to communicate about tangible products than the abstract. Circuits & whatnot have gotten so small & intricate I don’t even try to understand tech companies. Financials have a language that is getting more dense as derivatives mushroom.
EOG gave me a pullover and a watch
Most others, hats, embroidered bags, etc
Ocean Energy (now Devon) – a GPS. I’d give them the top prize.
zman