Thomson Reuters

Line

Thomson Reuters Corporation is the name of a media group that has emerged on 17 April 2008 from the takeover of Reuters by the Canadian Thomson Corporation. The Group is headquartered in New York City.

Other important activities are operated by Eagan, Minnesota and Stamford, Connecticut as well as from the United Kingdom and India.

Business

The company was divided by the end of 2011 in two units, each with several business segments.

Markets Division

The Markets Division was created from the merger of Thomson Financial and Reuters and covers four areas. This financial and economic data as well as information services and software applications are primarily created for the financial industry.

  • Sales & Trading
  • Investment & Advisory
  • Enterprise
  • Media

The market share of the financial data, the two firms Thomson Reuters and Bloomberg LP almost alone among themselves in equal parts. At its inception, the Group declared its intention to compete in the information market in the future with Google and Microsoft.

Professional Division

In the Professional Division, which covers three areas, information solutions for lawyers, accountants and auditors, as well as in the field of health care are summarized.

  • Legal - formerly North American Legal and Legal & Regulatory, including West and Carswell
  • Intellectual Property & Science
  • Tax & Accounting - formerly Thomson Tax & Accounting

Effective 1 January 2012 there were four areas: Financial & Risk, Legal, Tax & Accounting and Intellectual Property & Science.

Ownership

The Canadian Family Thomson, the company controls and maintains through its investment company, The Woodbridge Company 55 percent of Thomson Reuters (March 1, 2012).

The Company's shares are traded under the symbol TRI on both the Toronto Stock Exchange and on the New York Stock Exchange. The market capitalization of over 23 billion U.S. dollars (as of July 2012).

Others

On February 7, 2011 Stephen Adler has been appointed as the new editor of the newsroom. Adler came from Business Week Magazine, before he was 16 years at the Wall Street Journal. He replaced David Schlesinger, who will return after a 24 - year career with the global news and information provider to China as chairman of Thomson Reuters China, where he began his career.

In early August 2012, the site was hacked by Thomson Reuters through which group is unknown. The attackers published a false report on the civil war in Syria, which, however, was not taken up by third media and more widespread. Reason for the hack was using an outdated version of the open source CMS WordPress.

Since 2002, Thomson Reuters released a few weeks prior to the award of the Nobel Prizes under the name Thomson Reuters Citation Laureates own prediction on the Nobel Prize winner, based on the analysis of the frequencies of scientific citations.

773841
de