On June 23, 2009, Kresge Library discontinued its subscription to Hoover's.
Kresge Business Administration Library has begun a review of the databases it makes available to the Ross School of Business to determine whether or not there is any duplication between any of them. Databases which have content that duplicates the information in other products will not be renewed, freeing up funds that the Library will use to purchase new content for use by the School.
In the past several years the Library has begun subscriptions to several databases with general and financial information about companies; these include Mergent, OneSource, and Orbis. Some highlights of these resources include:
- Mergent Online has information on 15,000 US firms traded on the NYSE, AMEX and NASDAQ exchanges, as well as 20,000 public firms based outside the US. Mergent's features include the ability to easily export fifteen years' worth of a firm's financials to Excel.
- OneSource Global Business Browser has information on 364,000 private and public firms in the Asia/Pacific region and 12.85 million private and public firms in the US and Canada. OneSource's features include the ability to see sales for public firms broken out by geographic or business segment.
- Orbis has information on 50 million companies, including 55,000 publicly quoted companies worldwide; 22 million European companies; 17 million US and Canadian firms; 6.2 million Latin American companies; and 5.3 million companies in the Far East and Central Asia (China, Korea, Japan). It also has information on 360,000 companies in Africa, the Middle East, and Oceania.
After comparing the content and features of Hoover's with the features and content of these newer databases, the Library decided to not renew Hoover's. Access to this database expired on June 23, 2009. After you try out Mergent Online, OneSource, or Orbis, please contact Nathan Rupp at Kresge Library at firstname.lastname@example.org with any questions or concerns about this decision.