Thomson Reuters

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Submitted By bball
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Thomson Reuters Financial Analysis
Introduction
The Thomson Reuters Corporation is a leading provider of electronically delivered information and support tools to business and professional customers worldwide. Specializing in real-time financial information networks, Thomson Reuters provides analytical information and technology platforms to customers in the financial, legal, tax and accounting, healthcare and scientific sectors. A recent merger with Thomson Financial and Reuters Group PLC’s has created two divisions within the company, Markets and Professional. The Markets division consists of the former Reuters Group business combined with the financial division (Thomson Financial). The Professional division consists of Thomson’s non-financial business segments which include Legal, Tax and Accounting, Scientific and Healthcare (Google, 2008).
History
Roy Herbert Thomson founded Thomson Corporation in 1934 in Ontario as the publisher of The Timmons Press. In 1953, Thomson acquired The Scotsman newspaper and moved to Scotland the following year. By the end of the 1950s, Thomson had grown from a single Canadian newspaper into a worldwide media concentration. It held several well-known newspapers in the United Kingdom, including The Sunday Times and The Scotsman, and it owned Scottish Television (ThomsonRueters.com, 2008) .
In the 1960s, Thomson's publishing dominion expanded to include Thomson Publication (UK) and the famous Times of London. In 1965, Thomson Newspapers, Ltd. was formed as a publicly traded company in Canada. Thomson's interests moved past publishing leading to the Thomson Travel purchase of Britannia Airways in 1965 and 1971, in preparations to explore the North Sea for oil and gas (ThomsonRueters.com, 2008).
By the end of 1970, Thomson Newspapers' circulation in the U.S. had grown above the one million mark. When Kenneth Thomson took over for…...

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