FactSet (FDS) Stock Trades Up, Here Is Why

Shares of financial data provider FactSet (NYSE:FDS) jumped 4.8% in the afternoon session after the company announced an expanded partnership with Scotiabank's Scotia Wealth Management to deepen the integration of its platform into Scotia's advisor and investment operations. According to the company’s press release, advisors, investment professionals, and support staff across Scotia Wealth Management will get FactSet’s research and intelligence platform in one place, covering investment research