Coordinates | 45°30′″N73°40′″N |
---|---|
Name | Thomson Reuters Corporation |
Logo | |
Type | Public |
Traded as | |
Industry | Media |
Foundation | April 2008 (Merger) |
Headquarters | 3 Times Square |
Location | 3 Times SquareNew York City 10036United States |
Area served | Worldwide |
Key people | David Thomson (Chairman)Tom Glocer (CEO) |
Revenue | US$13.1 billion (2010) |
Num employees | 55,000 (2010) |
Owner | Woodbridge Company |
Subsid | ReutersSweet & MaxwellWest |
Homepage | ThomsonReuters.com }} |
Thomson Reuters brands include Sweet & Maxwell in the UK and West Publishing in North America. Reuters, ONESOURCE, and Westlaw are global brands.
In June 2008 it was reported that it would be launching a news channel to rival Bloomberg and CNBC. This has turned out to be a false report as Thomson Reuters is not entering into an already crowded cable business.
The Company is organized into two divisions:
Markets Division:
Thomson Reuters shares are listed on the Toronto Stock Exchange (TSX: TRI) and the New York Stock Exchange (NYSE: TRI).
These remedies are viewed as very minor given the scope of the transaction. According to the Financial Times, "the remedy proposed by the competition authorities will affect no more than $25m of the new Thomson Reuters group’s $13bn-plus combined revenues."
The transaction was cleared by the Canadian Competition Bureau.
In November 2009, The European Commission opened formal anti-trust proceedings against Thomson Reuters concerning a potential infringement of the EC Treaty's rules on abuse of a dominant market position (Article 82). The Commission will investigate Thomson Reuters' practices in the area of real-time market datafeeds, and in particular whether customers or competitors are prevented from translating Reuters Instrument Codes (RICs) to alternative identification codes of other datafeed suppliers (so-called 'mapping') to the detriment of competition.
The opening of proceedings does not imply that the Commission has proof of an infringement. It signifies that the Commission will conduct an in-depth investigation of the case as a matter of priority.
In August 2009 Thomson Reuters bought Vhayu Technologies. Vhayu is one of the world's leading providers of tick data services, and Thomson Reuters had been distributing its Velocity product under the Reuters Tick Capture Engine label for the four years prior to the acquisition.
On September 21, 2009, Thomson Reuters bought Hugin Group, the European IR and PR distribution group, from NYSE Euronext. Terms have not been disclosed, but it has been reported in Danish newspapers that the price was between €40 million and €42m.
In November 2009 The Tax & Accounting business acquired Sabrix, Inc, a leading global provider of transaction tax management software applications and related services.
In February 2010 Thomson Reuters acquired Aegisoft LLC to improve their electronic trading capabilities by offering Direct Market Access.
In May 2010 Thomson Reuters acquired Point Carbon A/S, a Norwegian company that provides news and trading analytics for the energy and environmental markets.
In October 2010, Thomson Reuters acquired Serengeti Law, a matter management and ebilling system.
In November 2010, Thomson Reuters acquired the legal process outsourcing (LPO) provider Pangea3. Pangea3 serves corporate legal departments and law firms worldwide. Financial Terms of the deal were not disclosed.
In November 2010, Thomson Reuters acquired the banking data and analytic provider, Highline Financial.
Category:Media companies of Canada Category:Media companies of the United Kingdom Category:Media companies of the United States Category:Publicly traded companies Category:Financial data vendors Category:Bibliographic database providers Category:Companies based in New York City
ar:تومسون رويترز de:Thomson Reuters es:Thomson Reuters fr:Thomson Reuters hi:थॉमसन रॉयटर्स id:Thomson Reuters it:Thomson Reuters kn:ಥಾಮ್ಸನ್ ರಾಯಿಟರ್ಸ್ nl:Thomson Reuters ja:トムソン・ロイター pt:Thomson Reuters ro:Thomson Reuters ru:Thomson Reuters sv:Thomson ReutersThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
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