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2. Hoover´s Handbook
Description of Publication: Hoover´s Handbook
The Hoovers Handbooks cited above provide profiles on specific companies, both domestic and international, in terms of size, growth, visibility, and so on. The good news is the detailed profiles of 1,500 companies (all large); the bad news is that there are approximately 20 million of them (almost all small), not including farms. The top 500 companies represent about 55 percent of the U.S. gross national product.
One primary reason the Hoovers Handbooks are offered at the beginning of this book is the service that its publisher, Hoovers Inc., provides. Hoovers, Inc. is a leading provider of business information to the mass market. Its Hoovers Company Database, for example, is the only "reasonably priced source" (according to its editors) for information on the operations, strategies, histories, financial performance, and products of major U.S. and global public and private companies.
The format is simple, well organized, and easy to read. A list of the databases produced by Hoovers includes:
- Hoovers Company Profiles: Detailed profiles on 2,700 companies. Each profile contains an overview, history, officers, geographic presence, products, key competitors, and up to 10 years of financial and stock data.
- Hoover' Company Capsules :A database of 11,000 companies, including all the public companies traded on the three major U.S. stock exchanges and the largest and fastest-growing private companies; plus 1,000 non-U.S. companies (added in 1996). This database contains key company information, including company name, address, phone, fax, CEO, CFO, human resources officer, annual sales, change in sales, fiscal year-end, employment, ticker symbol and exchange (for public companies), and a brief description of the companys business
- Business Rankings : A list-lovers compendium, containing lists of the largest companies in various industries. The lists range from the "50 Top U.S. Defense Contractors" to the "25 Largest Law Firms in the U.S. by Revenue."
Hoovers has a point about low price. The set of four Hoovers Handbooks sells for $294.95. But Hoovers strength is also its weakness. It has excellent thumbnail sketches of domestic and international companies; however, these sketches are very basic, which could be exactly whats needed or analytically not sophisticated enough to be appropriate.
Nevertheless, Hoovers has a lot of reference products in print, on-line, CD-ROM, and diskette formats. Hoovers Company Profiles, for example, is ideal for executives, investors, career changers, salespeople, consumers, and scholarsanyone who needs to know about companies. Do yourself a favor and get the catalog (call [800] 486-8666). The company makes its database available on Hoovers Online (http://www.hoovers.com)and through America Online, Bloomberg, CompuServe, Dow Jones News Retrieval, LEXIS-NEXIS, and other services.
Hoovers Handbook of American Business is, according to James F. Ryan, president of Zacks & Perrier, "exactly the kind of business reference book Ive been looking for most of my life." Its a useful book for the developing analyst as one can see from the table of contents.
Using the Profiles" addresses the question, "What companies will our readers be most interested in?" In answering that question, four general criteria were used: size, growth, visibility, and breadth of coverage. The 750 profiles are presented in alphabetical order. The overview section covers such important questions as: where, who, what, when, rankings, and key competitors.
A particularly interesting section of the handbook is "A List-Lovers Compendium," which has such lists as: "30 Years of Change in the Fortune 500," "20 Most Advertised Brands," "Largest Beer Companies in the U.S."
The largest and probably most important section of the book is dedicated to The Company Profiles, an example of which can be seen in the sample pages from Hoovers Handbook of American Business and Hoovers Handbook of World Business.
Finally, the book finishes with three Indexes: "Index of Profiles by Industry"; "Index of Profiles by Headquarters Location"; and "Index of Brands, Companies, and People Named in the Profiles."
Hoovers Handbook of World Business is very similar in format to Hoovers Handbook of American Business. Some aspects of the book that are almost identical to the previous volume include: A List-Lovers Compendium, The Company Profiles, and three indexes. This volume has some excellent, but very basic information.
Hoover's also publishes an excellent book called "Cybertools for Business'' by Wayne Harvis (ISBN 1-57311-025-6) that focuses on descriptions of websites useful for business research. The table of contents covers such interesting topics as:
- Browser wars - Netscape vs Microsoft Explorer
- Megasites - AOL and Pathfinder
- Software - Egghead and Tumbo
- Business sites - Barron's Online, CNNfn, INC.Online, etc.
- Business Advice
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Hoover´s Handbook
annual business publications For more information, call: Hoover’s, Inc.,
Phone (800) 486-8666
Fax (512) 374-4501
In this section:
- Hoover's Handbooks
- Standard & Poor's
- Robert Morris Associates' Annual Statement Studies
- FASB Accounting Standards
- The Wall Street Journal
- Occupational Outlook Handbook
- Harvard Business Review
- Who's Who in America
- MIT's Technology Review
- Small Business Sourcebook
- Peterson's Guide to Four-Year Colleges
- American Heritage
- The Worldly Philosophers
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