Every Nasdaq Firm Gets a Report

That was the title of a story in today's Wall Street Journal. Nasdaq is teaming up with Morningstar to provide research profiles of every Nasdaq-listed company regardless of size. That means more than 3,600 companies. The reports will be 4 to 5 pages and consist of a company profile and data sheet. Morningstar will not provide earnings forecasts or make a buy/sell/hold recommendation.