Dun & Bradstreet

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Dun & Bradstreet
TypePublic
Traded asNYSEDNB
S&P 500 Component
FoundedNew York City, New York 1841
HeadquartersShort Hills, New Jersey, U.S.
Key peopleRobert Carrigan, Chairman & CEO
ProductsBusiness information, information technology, services, research, software
Revenue
  • Decrease US$ 1,655.2 million (2013) [1]
  • Decrease US$ 1,663.0 million (2012) [1]
Operating income
  • Increase US$ 437.1 million (2013) [1]
  • Increase US$ 432.1 million (2012) [1]
Net income
  • Decrease US$ 258.5 million (2013) [1]
  • Increase US$ 295.5 million (2012) [1]
Total assets
  • Decrease US$ 1,890.3 million (2013) [2]
  • Increase US$ 1,991.8 million (2012) [1]
Total equity
  • Decrease US$ -1,042.3 million (2013) [2]
  • Decrease US$ -1,014.3 million (2012) [2]
Employees4,600 (2012)[3]
Websitewww.dnb.com
 
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"D&B" redirects here. For other uses, see D&B (disambiguation).
Dun & Bradstreet
TypePublic
Traded asNYSEDNB
S&P 500 Component
FoundedNew York City, New York 1841
HeadquartersShort Hills, New Jersey, U.S.
Key peopleRobert Carrigan, Chairman & CEO
ProductsBusiness information, information technology, services, research, software
Revenue
  • Decrease US$ 1,655.2 million (2013) [1]
  • Decrease US$ 1,663.0 million (2012) [1]
Operating income
  • Increase US$ 437.1 million (2013) [1]
  • Increase US$ 432.1 million (2012) [1]
Net income
  • Decrease US$ 258.5 million (2013) [1]
  • Increase US$ 295.5 million (2012) [1]
Total assets
  • Decrease US$ 1,890.3 million (2013) [2]
  • Increase US$ 1,991.8 million (2012) [1]
Total equity
  • Decrease US$ -1,042.3 million (2013) [2]
  • Decrease US$ -1,014.3 million (2012) [2]
Employees4,600 (2012)[3]
Websitewww.dnb.com

Dun & Bradstreet, Inc. (NYSEDNB) is an American public company headquartered in Short Hills, a community in Millburn, New Jersey, USA[4] that provides commercial data to businesses on credit history, business-to-business sales and marketing, counterparty risk exposure, supply chain management, lead scoring and social identity matching.[5] Often referred to as D&B, the company’s database contains information on more than 235 million companies across 200 countries worldwide.[3] Dun & Bradstreet has been listed on the Fortune 500 and was one of the first companies to be publicly traded on the New York Stock Exchange.[6][7]

History[edit]

Dun & Bradstreet traces its history back to July 20, 1841, with the formation of The Mercantile Agency in New York City by Lewis Tappan, later called R.G. Dun & Company.[8] The company was formed to create a network of correspondents who would provide reliable, objective credit information. In 1933, Dun merged with competitor John M. Bradstreet to form today's Dun & Bradstreet.[9] The Data Universal Numbering System (DUNS) was invented in 1962.[10]

On Feb 5, 2003, D&B restated prior period results to correct timing errors in the recognition of some of the revenue associated with 14 of the Company's 200+ products, after a review of its revenue recognition from 1997 through 2002.[11]

Operations[edit]

Dun & Bradstreet maintains a database of over 235 million companies globally[3] and over 53 million professional contact names using a variety of sources including public records, trade references, telco providers, telephone interviews, print, digital and trade publications, among others.[12] The company derives revenues through subscriptions as well as pay-per-business report, and to a smaller extent, third-party licensing agreements. Additional revenue is derived from business subsidiaries including Hoover's.[13]

The FTC has filed suit against D&B for seeking a monopoly on educational databases.[14] The General Services Administration has suggested that D&B's monopoly on company registration numbers needed to do business with the United States Federal government has lead to an increase in its costs.[15][16] O&R Construction LLC has sued D&B for seeking a monopoly in credit monitoring products.[17]

Spin-offs[edit]

In August 2010, D&B spun off and sold their credit monitoring and management business to a newly formed company, Dun & Bradstreet Credibility Corp.[18] The company previously spun off ACNielsen (1996),[19] Cognizant Technology Solutions (1996),[20] Moody's (1999)[21] and AllBusiness.com (2012).[22] Dun & Bradstreet also owns the business research corporation Hoover's.[23]

Products and services[edit]

Dun & Bradstreet products and services fall three main categories: finance solutions (credit and risk management), operations solutions (supply chain management) and sales and marketing solutions (Hoover's, lead generation, API-integrated corporate, social media and third-party information and DaaS tools).[5][24]

Risk management products include the Business Information Report, Comprehensive Report, D&B Direct and the DNBi platform, often offered to listed participants as a way to improve their rating. These solutions provide current and historical business information primarily used for third party marketing.[25]

Sales and marketing products such as the DUNS Market Identifier database, Optimizer, D&B 360 and D&B Professional Contacts provide sales and marketing professionals with business data for both prospecting and CRM activity. In the DNBi platform customers can view ECF reports, decision based on data, view alerts.[26][27]

International Branches[edit]

Dun & Bradstreet has offices in five continents – North and South America, Australia, Asia and Europe.[28] The company has had offices in Australia since 1887, Mexico since 1896, New Zealand since 1903, Argentina since 1911, Venezuela since 1920, Brazil since 1933 and Peru since 1981. The company’s core office locations are in the US and Canada, Ireland, the UK, the Netherlands, Taiwan, China, Hong Kong, Brazil and Australia.[12][29] It has several offices in India as well, with its a head office in Mumbai.[30]

References[edit]

  1. ^ a b c d e f g "DUN & BRADSTREET CORP/NW 2013 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 28, 2014. 
  2. ^ a b c "DUN & BRADSTREET CORP/NW 2014 Q1 Quarterly Report Form (10-Q)" (XBRL). United States Securities and Exchange Commission. May 7, 2014. 
  3. ^ a b c "Dun & Bradstreet Corp/NW - Form 10-K - February 28, 2013". secdatabase.com. Retrieved 2013-03-29. 
  4. ^ "About Us." Dun & Bradstreet. Retrieved on October 1, 2012. "HQ info: 103 John F Kennedy Parkway Short Hills, NJ 07078"
  5. ^ a b "Profile - Dun & Bradstreet Corp.". Yahoo! Finance. Retrieved September 12, 2014. 
  6. ^ "Dun & Bradstreet". Fortune. 2006. 
  7. ^ "Public companies 100 years old or more". USA Today. Retrieved September 13, 2014. 
  8. ^ "R.G. Dun & Co. / Dun & Bradstreet Collections". Harvard Business School. Retrieved September 12, 2014. 
  9. ^ Hightower, Michael J. (2013). Banking in Oklahoma Before Statehood. University of Oklahoma Press. p. 345. ISBN 9780806150260. Retrieved September 12, 2014. 
  10. ^ "Frequently Asked Questions for D-U-N-S Number and SAM Registration". United States Department of Agriculture. Retrieved September 12, 2014. 
  11. ^ "D&B Restated Prior Period Results". 
  12. ^ a b "Dun & Bradstreet Corp". Bloomberg Businessweek. September 16, 2014. 
  13. ^ "Summary - DNB Financial Corp. (DNBF)". Yahoo Finance. September 16, 2014. 
  14. ^ Shwiff, Kathy (May 7, 2010). "FTC Sues Dun & Bradstreet Over Deal". online.wsj.com (Dow Jones & Company, Inc.). Retrieved 14 September 2014. 
  15. ^ "Government Is Analyzing Alternatives for Contractor Identification Numbers."
  16. ^ Gordon, Neil (9 September 2014). "Federal Spending Watchdog Pulls the Plug on DUNS". www.pogo.org (POGO). Retrieved 10 September 2014. 
  17. ^ Gold, Django (December 14, 2012). "Dun & Bradstreet Exploits Credit Monopoly, Suit Says". www.law360.com (Law 360). Retrieved 15 September 2014. 
  18. ^ "Dun & Bradstreet Credibility Corp. Announces $100M Strategic Acquisition; Company Secures $100M of Additional Financing". MarketWire. July 29, 2010. 
  19. ^ Veronica Anderson (January 15, 1996). "Nielsen Exits D&B A Weakened Brand;Spinoff Alone Will Not Solve Unit's Problems". Crain's Chicago Business. 
  20. ^ "Cognizant Technology Solutions Corporation History". Funding Universe. 2004. 
  21. ^ Kenneth N. Gilpin (December 16, 1999). "Dun & Bradstreet Will Spin Off Moody's". The New York Times. 
  22. ^ Kristen Nicole (December 4, 2007). "Dun & Bradstreet Acquires AllBusiness.com for $55M". Mashable. 
  23. ^ Anupreeta Das (July 31, 2012). "Dun & Bradstreet Explores Sale". The Wall Street Journal. 
  24. ^ "Company Overview of Hoover's, Inc.". Bloomberg Businessweek. September 16, 2014. 
  25. ^ "D&B Direct for Sales & Marketing". Dun & Bradstreet. Retrieved September 16, 2014. 
  26. ^ Larence, Eileen R. (2011). ACORN: Federal Funding and Monitoring. DIANE Publishing. p. 49. ISBN 9781437987560. Retrieved September 17, 2014. 
  27. ^ "D&B Launches D&B360TM, Expanding Data Leadership into Data-as-a-Service Solutions". Business Wire. September 14, 2010. 
  28. ^ "Global Customer Service Centers". Dun & Bradstreet. Retrieved September 18, 2014. 
  29. ^ "D&B Worldwide Network". Dun & Bradstreet. Retrieved September 18, 2014. 
  30. ^ "Dun & Bradstreet Australia - Company profile". Retrieved 2011-08-07. 

External links[edit]