Business Wire DD Test Release IMAGE (11.26.19) © ® ™ é ñ ü ç î ò ! @ #$%^&*()+=?/~`.,:;”’{[}]|\<,>.

TEST SUBHEAD: © ® ™ é ñ ü ç î ò ! @ #$%^&*()+=?/~`.,:;”’{[}]|\<,>.

  • Bullet One (1)
  • Bullet Two (2)
  • Bullet Three (3)

SAN FRANCISCO--()--This is a correction. Lorem ipsum (4) dolor sit amet, consectetur adipiscing elit. Vestibulum vel pulvinar sem, ac faucibus lacus. Duis nec ante quis ligula ultricies sagittis. Donec nunc enim, sagittis nec ex nec, sodales facilisis quam. Mauris pellentesque sed elit sit amet pellentesque. Integer eu condimentum metus, vel faucibus sapien. Donec laoreet tincidunt leo a tempor. Vestibulum blandit dolor libero, sit amet pharetra nulla pretium eu. Sed sed tempor libero, ut auctor dolor. Mauris semper, dui vitae luctus aliquet, ex leo imperdiet ipsum, eu convallis tortor arcu nec justo. Vestibulum id pharetra ex, eu sodales ex. Fusce tristique tempor pharetra. Nunc eu lobortis tortor.

Nunc non libero ligula. Proin justo nisl, laoreet ac imperdiet nec, suscipit vitae nisl. Pellentesque euismod ante ex, nec lacinia nunc condimentum at. Phasellus dapibus mauris justo, ac blandit erat blandit non. Fusce in odio a leo convallis consequat. Sed convallis ligula ut ultricies pharetra. Duis(5) luctus vel felis nec luctus. Nam aliquet ex felis, a vestibulum dui tincidunt quis. Praesent velit ipsum, mollis pretium ornare id, semper eget eros. Aenean facilisis, tellus eget rhoncus commodo, massa ligula iaculis lectus, ac suscipit arcu nisi sit amet nibh. Maecenas vel cursus tellus, a efficitur justo. Sed a dui neque. Sed pulvinar massa non lacus lobortis, ac scelerisque elit fringilla. Cras eget est in odio sodales consequat.

  • Ut ut massa quis arcu faucibus scelerisque.
  • Vivamus venenatis nisl nec sem sollicitudin cursus.
    • Etiam ultrices neque sed posuere ultrices.
    • Nulla sollicitudin nunc ut felis iaculis, non fringilla lacus egestas.
  • Donec iaculis ante non elit ornare, quis vehicula est congue.
    • Maecenas consectetur elit eget malesuada egestas.
    • Nullam gravida libero ac eros vehicula, at luctus sem hendrerit.
    • Fusce vitae ante ac libero mollis rutrum.
  • Fusce ut arcu rhoncus, pretium nibh eget, convallis sem.

“Asperum autem detractis et generibusque, inscientia interiret leniter loqueretur magnitudiném, mus ornaménta sentiunt. Intellegunt oderit pórttitór sensum. Amicitia diceret exercitus quáerimus quoniam,” reprehendunt salutó. “Fugiendum partes persecuti stoicos veterum. Amóris animal concedo dicas, instructus maiores minime mundus, omittantur praesidia própterea scáevolá unde. Adversa anim causae cértaé continens, controversia discenda discordiae epicurus meminerunt, motu nescio sea.” http://www.businesswire.com .

  1. This is item one in a numbered list
  2. This is item two in a numbered list
  3. This is item three in a numbered list

(1) This is Bullet 1

(2) This is Bullet 2

(3) This is Bullet 3

(4) This is Note 4

(5) This is Note 5

INSERT BORDERS IN EXCEL TABLES HERE

Right Cell Borders in Excel
 
Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

 
Left Cell Borders in Excel
 
Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

 
Top Borders in Excel
 
Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

 
Bottom Borders in Excel
 
Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

 
Outside Borders in Excel
 
Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

 
Inside Borders in Excel
 
Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

 
 
All Borders in Excel
 
Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

Test

123,000

456,000

Recent Business Highlights:

  • Launch of ThisIsATest Materials Studio® X.0 modeling and simulation environment for chemists, polymer scientists and other materials scientists, with enhancements in quantum mechanics, classical simulation, usability, visualization and collaboration to enable scientists to engineer better performing and more cost-effective materials across a wide range of applications.
  • Acquisition of Ireland-based QWERTEST, a leading global provider of Cloud-based and on-premises enterprise compliance software for regulatory and quality operations in highly regulated industries, for $XX million in cash, extending ThisIsATest' informatics portfolio with mission-critical, end-to-end document and process management compliance solutions.
  • Received highest rating in XXXXXXX Inc.’s latest laboratory informatics system report, and was the only vendor to receive a "very high" rating in all five phases of new product development concept, research, development, tech transfer and manufacturing. ThisIsATest was among four ofXX ELN vendors to offer a Laboratory Information Management System (LIMS) solution.
  • Introduction of ThisIsATest Insight offering life scientists an entirely new way to access, visualize and share disparate scientific information in real time.
  • Launch of ThisIsATest Predictive Sciences accelerating drug discovery research with software for investigating and testing hypotheses in silico prior to costly experimentation.

About Big Test

The Big Test Corporation (NYSE: TEST) is a leading provider of financial services.

THE BIG TEST CORPORATION

Consolidated Statements of Income

(In millions, except per share amounts)

(Unaudited)

 

 

Three Months Ended
March 31,

 

 

2XXX

 

2XXX

Net Revenues

 

 

 

 

Interest revenue

 

$

1,421

 

 

$

1,055

 

Interest expense

 

(158

)

 

(55

)

Net interest revenue

 

1,263

 

 

1,000

 

Asset management and administration fees

 

851

 

 

823

 

Trading revenue

 

201

 

 

192

 

Other

 

83

 

 

66

 

Total net revenues

 

2,398

 

 

2,081

 

Expenses Excluding Interest

 

 

 

 

Compensation and benefits

 

770

 

 

701

 

Professional services

 

156

 

 

133

 

Occupancy and equipment

 

122

 

 

105

 

Advertising and market development

 

73

 

 

71

 

Communications

 

62

 

 

57

 

Depreciation and amortization

 

73

 

 

65

 

Regulatory fees and assessments

 

51

 

 

44

 

Other

 

89

 

 

62

 

Total expenses excluding interest

 

1,396

 

 

1,238

 

Income before taxes on income

 

1,002

 

 

843

 

Taxes on income

 

219

 

 

279

 

Net Income

 

783

 

 

564

 

Preferred stock dividends and other (1)

 

37

 

 

39

 

Net Income Available to Common Stockholders

 

$

746

 

 

$

525

 

Weighted-Average Common Shares Outstanding:

 

 

 

 

Basic

 

1,347

 

 

1,336

 

Diluted

 

1,362

 

 

1,351

 

Earnings Per Common Shares Outstanding:

 

 

 

 

Basic

 

$

.55

 

 

$

.39

 

Diluted

 

$

.55

 

 

$

.39

 

Dividends Declared Per Common Share

 

$

.10

 

 

$

.08

 

(1) Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units.

The Big Test Corporation Monthly Activity Report For March XXXX

 

XXXX

 

 

 

 

 

 

 

 

 

XXXX

 

 

Change

 

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Mo.

Yr.

Market Indices (at month end)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dow Jones Industrial Average

20,663

 

20,941

 

21,009

 

21,350

 

21,891

 

21,948

 

22,405

 

23,377

 

24,272

 

24,719

 

26,149

 

25,029

 

24,103

 

(4)%

17%

Nasdaq Composite

5,912

 

6,048

 

6,199

 

6,140

 

6,348

 

6,429

 

6,496

 

6,728

 

6,874

 

6,903

 

7,411

 

7,273

 

7,063

 

(3)%

19%

Standard & Poor’s 500

2,363

 

2,384

 

2,412

 

2,423

 

2,470

 

2,472

 

2,519

 

2,575

 

2,648

 

2,674

 

2,824

 

2,714

 

2,641

 

(3)%

12%

Client Assets (in billions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Beginning Client Assets

2,895.2

 

2,922.5

 

2,948.8

 

2,995.8

 

3,040.6

 

3,099.9

 

3,122.3

 

3,181.2

 

3,256.5

 

3,318.8

 

3,361.8

 

3,480.5

 

3,328.8

 

 

 

Net New Assets (1)

21.2

 

2.8

 

24.0

 

37.7

 

15.8

 

18.0

 

17.8

 

35.4

 

15.7

 

27.0

 

11.5

 

(50.5

)

20.2

 

140%

(5)%

Net Market Gains (Losses)

6.1

 

23.5

 

23.0

 

7.1

 

43.5

 

4.4

 

41.1

 

39.9

 

46.6

 

16.0

 

107.2

 

(101.2

)

(43.6

)

 

 

Total Client Assets (at month end)

2,922.5

 

2,948.8

 

2,995.8

 

3,040.6

 

3,099.9

 

3,122.3

 

3,181.2

 

3,256.5

 

3,318.8

 

3,361.8

 

3,480.5

 

3,328.8

 

3,305.4

 

(1)%

13%

Core XXX New Assets (2)

21.2

 

2.8

 

21.3

 

22.1

 

15.8

 

18.0

 

17.8

 

19.2

 

15.7

 

27.0

 

18.7

 

21.3

 

25.6

 

20%

21%

Receiving Ongoing Advisory Services (at month end)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investor Services

230.9

 

234.4

 

239.1

 

242.2

 

247.2

 

249.9

 

255.0

 

259.8

 

265.1

 

268.7

 

278.6

 

273.0

 

273.2

 

18%

Advisor Services (3)

1,250.9

 

1,262.7

 

1,283.4

 

1,297.6

 

1,323.8

 

1,333.1

 

1,358.6

 

1,382.6

 

1,410.8

 

1,431.1

 

1,483.7

 

1,449.5

 

1,444.4

 

15%

Client Accounts (at month end, in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Active Brokerage Accounts (4)

10,320

 

10,386

 

10,439

 

10,487

 

10,477

 

10,525

 

10,565

 

10,603

 

10,671

 

10,755

 

10,858

 

10,936

 

11,005

 

1%

7%

Banking Accounts

1,120

 

1,128

 

1,138

 

1,143

 

1,154

 

1,167

 

1,176

 

1,181

 

1,192

 

1,197

 

1,210

 

1,218

 

1,221

 

9%

Corporate Retirement Plan Participants

1,545

 

1,543

 

1,541

 

1,540

 

1,540

 

1,550

 

1,552

 

1,556

 

1,564

 

1,568

 

1,580

 

1,580

 

1,594

 

1%

3%

Client Activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New Brokerage Accounts (in thousands)

138

 

125

 

115

 

117

 

107

 

123

 

106

 

117

 

122

 

147

 

165

 

138

 

140

 

1%

1%

Inbound Calls (in thousands)

2,111

 

1,788

 

1,727

 

1,736

 

1,683

 

1,823

 

1,709

 

1,988

 

1,804

 

2,046

 

2,303

 

2,005

 

2,145

 

7%

2%

Web Logins (in thousands)

45,441

 

39,750

 

44,024

 

43,790

 

42,236

 

47,290

 

39,639

 

51,454

 

50,583

 

54,486

 

64,488

 

60,830

 

58,906

 

(3)%

30%

Client Cash as a Percentage of Client Assets (5)

12.4

%

12.1

%

11.8

%

11.5

%

11.3

%

11.4

%

11.1

%

10.9

%

10.8

%

10.8

%

10.4

%

10.9

%

11.0

%

10 bp

(140) bp

Mutual Fund and Exchange-Traded Fund
Net Buys (Sells) (6, 7) (in millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Large Capitalization Stock

(125

)

346

 

134

 

(63

)

(95

)

(1,683

)

(138

)

(51

)

85

 

1,023

 

496

 

715

 

(158

)

 

 

Small / Mid Capitalization Stock

(409

)

(797

)

(285

)

(322

)

(139

)

(293

)

45

 

378

 

(144

)

274

 

(125

)

(167

)

130

 

 

 

International

1,703

 

2,410

 

3,610

 

3,631

 

2,675

 

1,705

 

1,549

 

1,913

 

2,627

 

1,852

 

4,306

 

2,685

 

1,546

 

 

 

Specialized

273

 

570

 

529

 

647

 

236

 

279

 

465

 

655

 

58

 

424

 

1,569

 

187

 

326

 

 

 

Hybrid

563

 

92

 

65

 

(340

)

142

 

(272

)

460

 

(118

)

(263

)

307

 

978

 

(88

)

529

 

 

 

Taxable Bond

3,876

 

2,060

 

3,618

 

3,499

 

3,064

 

3,481

 

3,809

 

3,466

 

2,389

 

2,561

 

3,284

 

155

 

2,117

 

 

 

Tax-Free Bond

300

 

155

 

290

 

507

 

453

 

715

 

494

 

452

 

371

 

341

 

1,247

 

211

 

247

 

 

 

Net Buy (Sell) Activity (in millions of dollars)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mutual Funds (6)

2,368

 

1,116

 

3,837

 

2,980

 

3,201

 

1,048

 

3,002

 

2,401

 

882

 

775

 

4,843

 

(417

)

1,976

 

 

 

Exchange-Traded Funds (7)

3,813

 

3,720

 

4,124

 

4,579

 

3,135

 

2,884

 

3,682

 

4,294

 

4,241

 

6,007

 

6,912

 

4,115

 

2,761

 

 

 

Money Market Funds

1,218

 

(4,434

)

(1,167

)

(1,260

)

1,022

 

2,105

 

(374

)

213

 

1,166

 

2,968

 

(5,730

)

(4,292

)

(9,100

)

 

 

Average Interest-Earning Assets (8)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in millions of dollars)

218,554

 

217,407

 

215,252

 

214,709

 

212,108

 

214,458

 

216,472

 

219,658

 

223,292

 

228,540

 

234,619

 

239,922

 

241,049

 

10%

(1) March, February, and January xxxx include outflows of $X.4 billion, $XX.8 billion, and $X.2 billion. October and June XXXX include inflows of $XX.2 billion and $XX.6 billion, respectively, from certain mutual fund clearing services clients.

(2) Net new assets before significant one-time inflows or outflows, such as acquisitions/divestitures or extraordinary flows (generally greater than $XX billion) relating to a specific client.

(3) Excludes Services.

(4) Periodically, the Company reviews its active account base.

(5) Test One®, certain cash equivalents, bank deposits, and money market fund balances as a percentage of total client assets.

(6) Represents the principal value of client mutual fund transactions handled by Test, including transactions in proprietary funds. Includes institutional funds available only to Investment Managers. Excludes money market fund transactions.

(7) Represents the principal value of client ETF transactions handled by Test, including transactions in proprietary ETFs.

(8) Represents average total interest-earning assets on the Company’s balance sheet.

INSERT WIDE EXCEL TABLE HERE

The Test Corporation Monthly Activity Report For March 2015
 
XXXX XXXX Change
Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Mo. Yr.
Market Indices
(at month end)
Dow Jones Industrial Average

16,458

 

16,581

 

16,717

 

16,827

 

16,563

 

17,098

 

17,043

 

17,391

 

17,828

 

17,823

 

17,165

 

18,133

 

17,776

 

(2

%)

8

%

Nasdaq Composite

4,199

 

4,115

 

4,243

 

4,408

 

4,370

 

4,580

 

4,493

 

4,631

 

4,792

 

4,736

 

4,635

 

4,964

 

4,901

 

(1

%)

17

%

Standard & Poor’s 500

1,872

 

1,884

 

1,924

 

1,960

 

1,931

 

2,003

 

1,972

 

2,018

 

2,068

 

2,059

 

1,995

 

2,105

 

2,068

 

(2

%)

10

%

Client Assets
(in billions of dollars)
Beginning Client Assets

2,294.3

 

2,308.0

 

2,312.9

 

2,354.2

 

2,401.9

 

2,382.7

 

2,448.3

 

2,403.7

 

2,440.6

 

2,478.8

 

2,463.6

 

2,445.0

 

2,531.1

 

Net New Assets (1, 2)

11.4

 

0.3

 

10.9

 

11.5

 

15.9

 

8.5

 

10.3

 

7.9

 

10.9

 

14.4

 

9.3

 

6.8

 

12.6

 

86

%

18

%

Net Market Gains (Losses)

2.3

 

4.6

 

30.4

 

36.2

 

(35.1

)

57.1

 

(54.9

)

29.0

 

27.3

 

(29.6

)

(27.9

)

79.3

 

(19.3

)

Total Client Assets (at month end)

2,308.0

 

2,312.9

 

2,354.2

 

2,401.9

 

2,382.7

 

2,448.3

 

2,403.7

 

2,440.6

 

2,478.8

 

2,463.6

 

2,445.0

 

2,531.1

 

2,524.4

 

-

 

9

%

 
Receiving Ongoing Advisory Services
(at month end)
Investor Services

159.2

 

160.6

 

163.7

 

176.5

 

175.1

 

180.0

 

177.3

 

180.2

 

183.3

 

182.5

 

181.5

 

187.8

 

188.4

 

-

 

18

%

Advisor Services (3)

973.5

 

977.4

 

995.3

 

1,014.9

 

1,007.2

 

1,035.3

 

1,015.3

 

1,032.4

 

1,049.0

 

1,045.6

 

1,038.4

 

1,065.8

 

1,063.4

 

-

 

9

%

Client Accounts
(at month end, in thousands)
Active Brokerage Accounts

9,178

 

9,217

 

9,228

 

9,252

 

9,269

 

9,288

 

9,309

 

9,326

 

9,346

 

9,386

 

9,407

 

9,435

 

9,493

 

1

%

3

%

Banking Accounts

933

 

938

 

944

 

950

 

956

 

964

 

970

 

974

 

979

 

985

 

978

 

983

 

986

 

-

 

6

%

Corporate Retirement Plan Participants (2)

1,338

 

1,344

 

1,346

 

1,344

 

1,381

 

1,383

 

1,405

 

1,416

 

1,416

 

1,428

 

1,441

 

1,475

 

1,474

 

-

 

10

%

Client Activity
New Brokerage Accounts (in thousands)

90

 

95

 

71

 

76

 

78

 

75

 

76

 

76

 

70

 

97

 

84

 

80

 

110

 

38

%

22

%

Inbound Calls (in thousands)

1,961

 

1,938

 

1,691

 

1,806

 

1,873

 

1,768

 

1,755

 

1,928

 

1,656

 

1,980

 

1,872

 

1,827

 

1,930

 

6

%

(2

%)

Web Logins (in thousands)

34,200

 

34,254

 

32,165

 

32,768

 

33,426

 

32,491

 

31,098

 

32,409

 

31,528

 

34,580

 

34,294

 

35,379

 

36,278

 

3

%

6

%

Cash as a Percentage of Client Assets (4)

12.7

%

12.4

%

12.2

%

11.9

%

12.1

%

11.9

%

12.2

%

12.1

%

11.9

%

12.3

%

12.3

%

11.9

%

12.0

%

10 bp (70) bp
Mutual Fund and Exchange-Traded Fund
Net Buys (Sells) (5, 6)
(in millions of dollars)
Large Capitalization Stock

676

 

95

 

129

 

311

 

773

 

620

 

228

 

1,881

 

1,538

 

1,347

 

1,084

 

(1,154

)

(586

)

Small / Mid Capitalization Stock

680

 

(430

)

(564

)

220

 

(355

)

(639

)

(127

)

(307

)

91

 

(346

)

488

 

(12

)

290

 

International

1,028

 

1,665

 

1,240

 

2,137

 

817

 

524

 

166

 

(20

)

794

 

177

 

1,630

 

3,463

 

4,650

 

Specialized

912

 

609

 

377

 

1,690

 

1,082

 

373

 

(24

)

781

 

503

 

566

 

1,452

 

748

 

(47

)

Hybrid

107

 

230

 

406

 

201

 

532

 

165

 

-

 

(531

)

(363

)

(687

)

180

 

138

 

(284

)

Taxable Bond

1,344

 

449

 

1,346

 

606

 

92

 

683

 

(3,475

)

797

 

577

 

(1,914

)

1,298

 

2,722

 

924

 

Tax-Free Bond

474

 

246

 

584

 

516

 

277

 

400

 

463

 

584

 

479

 

603

 

598

 

471

 

613

 

Net Buy (Sell) Activity
(in millions of dollars)
Mutual Funds (5)

3,611

 

1,312

 

2,236

 

3,313

 

1,804

 

612

 

(4,022

)

358

 

254

 

(4,381

)

3,174

 

3,086

 

1,765

 

Exchange-Traded Funds (6)

1,612

 

1,553

 

1,284

 

2,368

 

1,414

 

1,514

 

1,253

 

2,827

 

3,365

 

4,127

 

3,556

 

3,290

 

3,795

 

Money Market Funds

(135

)

(4,141

)

(561

)

(1,664

)

1,493

 

1,248

 

2,224

 

477

 

(1,643

)

4,294

 

(2,080

)

(2,158

)

(1,362

)

Average Interest-Earning Assets (7)
(in millions of dollars)

137,625

 

137,164

 

136,588

 

137,328

 

137,785

 

139,027

 

140,115

 

141,502

 

141,884

 

144,695

 

147,495

 

148,911

 

152,247

 

2

%

11

%

(1)February XXXX includes an outflow of $11.X billion relating to the Company's planned resignation from an Advisor Services cash management relationship. September XXXX includes an inflow of $7.8 billion and outflow of $3.4 billion from certain mutual fund clearing services clients. July XXXX includes an inflow of $2.X billion from a mutual fund clearing services client.

(2)In February XXXX, the Company increased its reported totals for overall client assets and retirement plan participants by $6.X billion and 35,000, respectively, to reflect the final impact of the consolidation of its retirement plan recordkeeping platforms as previously announced in September 2013.

(3)Excludes XXXXXX XXXXX XXXXX.

(4)Test One®, other cash equivalents, deposits from banking clients and money market fund balances as a percentage of total client assets.

(5)Represents the principal value of client mutual fund transactions handled by Test, including transactions in proprietary funds. Includes institutional funds available only to Investment Managers. Excludes money market fund transactions.

(6)Represents the principal value of client ETF transactions handled by Test, including transactions in proprietary ETFs.

(7)Represents total interest-earning assets on the Company's balance sheet.

 

Contacts

test
contact
info
(555) 555/555-1234
test@example.com

Contacts

test
contact
info
(555) 555/555-1234
test@example.com