Thomson Reuters

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Thomson Reuters

logo
legal form Corporation
ISIN CA8849031056
founding April 17, 2008
Seat New York City , United States and Toronto , Canada
United StatesUnited States 
CanadaCanada 
management United StatesUnited States James C. Smith
(President and CEO ) David Thomson ( Chairman )
CanadaCanada 
Number of employees 45,700 (2016)
sales 11,166,000,000 US dollars (2016)
Branch Mass media
Website thomsonreuters.com

Thomson Reuters is the name of a media group that emerged on April 17, 2008 from the takeover of the British news agency Reuters by the Canadian Thomson Corporation . The group has headquarters in New York City and Toronto , the latter also serving as the legal seat.

Other important operations are carried out from Eagan , Minnesota and Stamford , Connecticut, as well as the United Kingdom and India .

Business areas

Until the end of 2011, the company was divided into two units, each with several business areas.

Markets Division

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

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

The two groups Thomson Reuters and Bloomberg LP divide the market for financial data almost alone between themselves in roughly equal shares. When it was founded, the group declared that it wanted to compete with Google and Microsoft in the information market in the future .

Professional Division

In the Professional Division , which comprises three areas, information solutions for lawyers, tax advisors and auditors as well as in the field of health care are combined.

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

As of January 1, 2012, there were four areas: Financial & Risk , Legal , Tax & Accounting and Intellectual Property & Science . A majority stake in the Financial & Risk division was sold to the Blackstone Group in 2018 . The area then became independent under the name Refinitiv . Blackstone resold its stake on the London Stock Exchange in August 2019 .

Ownership

The Canadian family Thomson controls the company and holds 55 percent of Thomson Reuters through their investment firm The Woodbridge Company (as of March 1, 2012).

The company's shares trade under the symbol TRI on both the Toronto Stock Exchange and the New York Stock Exchange . The market capitalization is more than 23 billion US dollars (as of July 2012).

Others

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

In early August 2012, the Thomson Reuters website was hacked, which group is currently unknown. The attackers published a hoax about the civil war in Syria , which, however, was not picked up by third media and spread. The reason for the hack was the use of an outdated version of the open source CMS WordPress .

Since 2002, a few weeks before the Nobel Prizes are awarded , Thomson Reuters has published its own forecast of the Nobel Prize winners under the name Thomson Reuters Citation Laureates , which is based on an analysis of the frequency of scientific citations.

Web links

Commons : Thomson Reuters  - collection of images, videos and audio files

Individual evidence

  1. a b Thomson Reuters Annual Report 2016 , thomsonreuters.com, accessed on May 26, 2017 (English).
  2. a b Thomson Reuters: Thomson Reuters Fact Book 2011. (pdf; 12.0 MB) (No longer available online.) August 1, 2011, archived from the original on June 20, 2012 ; Retrieved July 4, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / ar.thomsonreuters.com
  3. New information provider Thomson Reuters launched April 17, 2008
  4. a b Thomson Reuters: ANNUAL REPORT 2011. (pdf; 2.0 MB) (No longer available online.) March 29, 2012, archived from the original on September 4, 2012 ; Retrieved July 4, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / ar.thomsonreuters.com
  5. Thomson Reuters names new editor-in-chief February 8, 2011 (English)
  6. Lars Budde: Old WordPress version to blame for Reuters hack. (No longer available online.) In: t3n. August 8, 2012, archived from the original on August 11, 2012 ; Retrieved August 9, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / t3n.de