Thomson Reuters

In: Business and Management

Submitted By bball
Words 3263
Pages 14
Thomson Reuters Financial Analysis
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).
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 (, 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 (, 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…...

Similar Documents

Truven Health Swot

...|SWOT | |Devry 2012 | |Sarah Palm | |9/23/2012 | Truven Health Analytics In December 2006 Thomson Reuters acquired Solucient. Solucient provides data and advanced analytics that hospitals and health systems use to improve performance and lower costs. With Solucient, Thomson accelerated its plan to deliver integrated clinical and management decision support tools that create the most comprehensive view of the healthcare enterprise. Summer of 2012 lent it’s self to another change as the healthcare business of Thomson Reuters was purchased by VERITAS private equity firm and renamed Truven Health Analytics. Truven’s Mission Statement: At Truven Health Analytics, we combine our comprehensive information with deep analysis and industry benchmarks to transform your data into actionable knowledge. And because we have visibility across the entire continuum of care, we truly understand your workflow and create real connections that uncover untapped potential for your business. Our team of leading healthcare professionals draws on......

Words: 1682 - Pages: 7

Dell Inc in 2008 Can It Overtake Hewlett Packard as the Worldwide Leader in Personal Computers by Thomson Essays and Term Papers

...Dell Inc. in 2008: Can it overtake Hewlett-Packard as the Worldwide Leader in Personal Computers? Dell is a global company that delivers products and services in more than 190 countries and over 40000 employees who live and work on six continents. The company deals in enterprise computing products, desktops, monitors, printers, notebooks, handhelds, software and peripherals with a focus on fully integrated improved environmental performance into business. The company had gone through many ups and down from its inception in 1984 and has to face many challenges and competitions to stay ahead in the market (Kolter and Lee, 2008). This paper strategically discusses the fall and rise of Dell Inc from 2007 to 2008 and to compare Dells strategy with that of Hewlett Packard with due reference from the case study “Dell Inc in 2008: Can it overtake Hewlett Packard as the worldwide leader in personal computers.” A) Dell’s Strategy to overcome HP in Personal Computers Michael Dell founded the company with simple vision and business concept that the personal computers could be built and sold directly to the consumers which would eliminate the additional costs of intermediaries between the company and consumer and thus reducing the overall cost of the PCs making it cheaper than other PCs in the market. The other advantage was that it reduces the costs and risks associated with carrying large stocks of parts, components and finished goods (Thompson and Gamble, 2006). The company......

Words: 318 - Pages: 2

How Gst System Works customers and intermediate suppliers but then allows registered entity or importers recover GST by claiming input tax credits. Then the final customer who cannot claim input tax credits burden the cost of GST. Bibliography Barkozcy, S. (Ed.).(2013a). Core tax legislation & study guide (16th ed.). Sydney: CCH Australia Limited. Barkozcy, S. (Ed.).(2013b). Foundations of Taxation Law (5th ed.). Sydney: CCH Australia Limited Krever, R. E.(2013) Australian taxation law cases 2013: a guide to the leading cases for commerce and law students. Sydney:Thomson Reuters. Thomson Reuters (2013), Australian GST Handbook 2012-13, Sydney:Thomson Reuter. -------------------------------------------- [ 1 ]. Thomson Reuters, Australian GST Handbook 2012-13, Thomson Reuter, 2013. [ 2 ]. Krever, R. E. Australian taxation law cases 2013: a guide to the leading cases for commerce and law students, Thomson Reuters, Australia, 2013....

Words: 1028 - Pages: 5

Describe the Ihrm Strategy and Challenges for Reuters in Managing the Ihrm Functions.

...Reuter has various challenges in which they must consider when managing IHRM functions. Reuter aims to standardise its HRM organisation as part of their change process. Implementing these changes can cause challenges that Reuter must face. These challenges can include: • The budget Reuter must attain to support the change of standardisation and the time constraints. • Centralised Policy • Must understand which of their HRM service centre should be globalized or localised. • How off-shoring impacts staffing. According to Reuter’s case study during regionalisation of HRM and the organisation, Reuter should consider the cost efficiencies when globalisation is desired. It is important that the organisation has the costs to support the change as it would be tedious if the change cannot be conducted halfway (Reference). Reuter’s IHRM would therefore be prone to risk if it does not have a budget as business transformation is requires fundamental changes in parts of the organisation to ensure competitive advantage exist. Furthermore, it is a timely process and can take over years to ideal hence with no budget will cause a challenge for Reuter. Reuter currently has 17,000 employees with 5% being expatriates. With 200 sites available, it is likely that Reuter may need to recruit more employees to centralize the operations for each sites, this can mean teaching current employees new skills, knowledge transfers and sharing. Reuter plans to off-shore transactional centres to lower......

Words: 843 - Pages: 4


...            .......................................................................... ANNUAL REPORTS & ACCOUNTS Analysis & Benchmarking Review for NOVEMBER 2012 ..........................................................................         CONTENTS 1 2 3 4 5   EXECUTIVE SUMMARY METHODOLOGY AND PROCESS KEY RESULTS EXTEL CONTACTS   3 4 6 8 9     1. EXECUTIVE SUMMARY Thomson Reuters Extel, on behalf of MICEX-RTS Exchange, has carried out a thorough analysis and assessment of English language Annual Reports & Accounts. From our extensive Extel interviews, benchmarking and rankings of investor relations worldwide, it is very evident that for both analysts and investors, the investment decision process involves considerable specific assessment of stocks, within a framework of how well these stocks may fit the overall investment horizons and asset allocation processes of any buyside firm. In undertaking the stock analysis, the fundamental for an investor is to develop the investment model, and from that to clearly define value drivers in a company, and then how well management expresses, endorses and embodies those value drivers. In undertaking this initial model-based assessment, the global data we have shows that over 70% of investors worldwide rely on Annual Report & Accounts from a company as the core dataset they use to construct these models, and the ongoing primary reference point to review and update their analysis. As such, the importance of the Annual Report...

Words: 1817 - Pages: 8

Thomson Reuters Streetevents

...THOMSON REUTERS STREETEVENTS EDITED TRANSCRIPT 2498.TW - Q1 2012 HTC Corp Earnings Conference Call EVENT DATE/TIME: APRIL 24, 2012 / 12:00PM GMT THOMSON REUTERS STREETEVENTS | | Contact Us ©2012 Thomson Reuters. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks of Thomson Reuters and its affiliated companies. APRIL 24, 2012 / 12:00PM, 2498.TW - Q1 2012 HTC Corp Earnings Conference Call CORPORATE PARTICIPANTS Peter Chou HTC Corp - CEO Chialin Chang HTC Corp - CFO Joey Cheng HTC Corp - Director, IR CONFERENCE CALL PARTICIPANTS Ben Lu Seligman - Analyst Will Power Robert Baird & Co - Analyst Richard Ko - Analyst Alban Cousin Arete Research - Analyst James Faucette Pacific Crest Securities - Analyst Dan McComb Viking Global Partners - Analyst PRESENTATION Operator Welcome, everyone, to HTC's 2012 Q1 results conference call and webcast in English. Today with us we have CEO, Mr. Peter Chou; CFO, Mr. Chialin Chang and IR Director, Mr. Joey Cheng. All lines have been placed on mute to prevent the background noise and after the presentation there will be a question and answer session. (Operator Instructions). For your information, this conference call is now being broadcasted live on the Internet. Webcast replay will be available......

Words: 10943 - Pages: 44

Communication Strategy During Merger

...The two companies I have selected are Thomson Reuters and AT&T. I chose these companies because both mergers created corporate giants in their respective industries. I chose Thomson Reuters primarily because I am an employee but also because the merger is a global one. I chose AT&T because it reflects a cultural merge of two American based businesses. Thomson and Reuters merged in 2008 to become Thomson Reuters, the world’s largest financial news and data organization. Thomson was based primarily in North America and Reuters had a strong European presence. “In a big merger, the first year is the most critical, where two companies integrate into one as employees adapt to being part of one company with a common culture and aim” (Kumar, 2012). I believe creating this culture globally is the most challenging. SBC acquired AT&T in 2005, however, the company emerged as one and kept the AT&T name. I think they had an advantage in managing the change because both are American based and I believe analyst Ken McGee would agree as he said, "You would find it hard to find two companies more closely aligned from a cultural perspective, a technology perspective and a heritage perspective" (Svensson, 2006). References Kumar, Karuna, 2012. Creating One Internal Culture at Thomson Reuters, Retrieved from Svensson, Peter, 2006. AT&T May Avoid......

Words: 260 - Pages: 2

Thomson Telescope Case Study

...Chapter 18 Production Planning and Control In any manufacturing enterprise production is the driving force to which most other functions react. This is particularly true with inventories; they exist because of the needs of production. In this chapter the relationship of production planning and control to work-in-process inventories is stressed. Objectives of Production Planning Control The ultimate objective of production planning and control, like that of all other manufacturing controls, is to contribute to the profits of the enterprise. As with inventory management and control, this is accomplished by keeping the customers satisfied through the meeting of delivery schedules. Specific objectives of production planning and control are to establish routes and schedules for work that will ensure the optimum utilization of materials, workers, and machines and to provide the means for ensuring the operation of the plant in accordance with these plans. Production Planning and Control Functions All of the four basic phases of control of manufacture are easily identified in production planning and control. The plan for the processing of materials through the plant is established by the functions of process planning, loading, and scheduling. The function of dispatching puts the plan into effect; that is, operations are started in accordance with the plant. Actual performance is then compared to the planned performance, and, when required, corrective action is taken. In some......

Words: 2599 - Pages: 11

Thomson Greenhouse

...Memo To: Earl Thomson and Lisa Thompson From: Shinichi Tasai Date: December 1, 2013 RE: How Thomson Greenhouse can successfully transfer the ownership to Ryan, and increase the sales by expanding market, and increase the work efficiency by restructuring the organization structure. Short-Term (Immediately to September 2010, before winter season) 1. Develop a business plan for successful business transition and expansion. 2. Start training and a succession planning for successful business transition. 3. Start building a new greenhouse. Cash payment is recommended. Med-Term (November 2010 to Three Years) 1. Hire sales personnel with an incentive plan for sales increase. Advertising is recommended. 2. Expand the market. 3. Training and recruitment should be done in winter season. Long-Term (After Three Years) 1. Complete the transition of the business ownership and continue expanding the market. Control/Feedback 1. Incentive plans should be given to non-family employees in order to avoid the lack of motivation. Commission incentives are recommended. 2. Advertising on newspaper, school board, or websites (classified, kijiji) will be the advertising channels for recruitment. Contingency 1. Bank loans for investing building are the second recommended option. 2. The structure of the business can be changed based on the demand. 3. If the demand after the expansion requires more capacity and productivity, the company should......

Words: 958 - Pages: 4

The Evolution of Wire Services.

...The methods of providing news from a wire service, or news agency, to other newspaper, periodical, radio, television, or other communication outlet has evolved throughout history. This paper explores the humble beginnings of wire services and highlights several of the major wire service providers, including Reuters, The Associated Press (AP), United Press International, Agence France Presse (AFP), and Bloomberg. The Evolution of Wire Services: Then and Now Wire services are integral components of international communication. Also referred to as a news agency, a wire service is an organization “that sends out syndicated news copy to subscribers by wire or by satellite transmission (Mish, 1997).” With origins dating back to the early 1850s (McPhail, 2010), wire services have not always conducted communication transfers with advanced technology like satellite transmissions. From telegraphy to teleprinters to radio, the process of getting news from a wire service to its dependent news and other providers has evolved substantially throughout the years. The conception and continued modernization of wire services can be attributed to various agency titans, including Reuters, The Associated Press (AP), United Press International, Agence France Presse (AFP), and Bloomberg. The tasks of a wire service are significant and costly. Originally, agencies often just provided information and news to various media outlets. Major newspaper and channels, as well as less notable local and......

Words: 3472 - Pages: 14

Is535 Project Plan

...| Project Plan IS583 Students: Terrance Clayton Professor: Wayne Freer Date: June 19, 2011 Thomson Reuters | ONESOURCE SALE & USE TAX | Table of Content Brief Overview of Company ……………………………………………………………………… 3 Problem to Be Resolved ………………………………………………………………………… 4 Proposed Enterprise Technology ……………………………………………………………… 4 Implementation / Timeline ……………………………………………………………………… 6 Operations Management ………………………………………………………………………… 7 Risks ………….…………………………………………………………………………………… 7 Benefits …………………….………………………………………………………………………… 8 How to Measure Success ..………………………………………………………………………… 10 Bibliography …………………………………………………………………………………… 12 A.) Brief Overview of the Company or Enterprise Ultra Stores, Inc. was founded in 1997 by CEO Daniel Marks it’s based in Chicago Illinois. The company was formerly known as Ultra of Illinois, Inc. and changed its name to Ultra Stores, Inc. in November 1997. Ultra Stores, Inc. operates as a specialty retailer of fine jewelry; they manufacture and import diamonds, gemstones, and gold jewelry. The company also offers platinum, silver, titanium, tungsten, cubic zirconia, moissanite, and pearls. The company operates 163 stores in more than 40 states, they employ between 500 – 1000 employees. The company is privately held Chicago investment firm Crystal Capital owns a majority stake in Ultra Stores. Below is the organization hierarchical: Revenues and expenses are expected to increase on......

Words: 1875 - Pages: 8


...16 Major Firms May Have Received Early Data From Thomson Reuters September 5, 2:25 PM ET |ByMatt Taibbi Read more:  Follow us: @rollingstone on Twitter | RollingStone on Facebook Readers may recall an ugly story that broke earlier this summer, when New York State Attorney General Eric Schneiderman rebuked the news/business information firm Thomson Reuters for selling access to key economic survey data two seconds early to high-frequency algorithmic traders. The story strongly suggested that some Thomson Reuters customers were using their two-second head start (an eternity in the modern world of computerized trading) to front-run the markets. "The early release of market-moving survey data undermines fair play in the markets," Schneiderman said, back in the second week of July. Thomson Reuters suspended the practice of selling two-second head starts after Schneiderman insisted upon a change. Still, the firm defiantly refused to declare the change permanent and insisted that it had the right to "legally distribute non-governmental data" to "fee-paying subscribers." It turns out that there's more to the story. Back in June, journalist Simone Foxman at the global economic site Quartz reported that in addition to the two-second head start some Thomson Reuters customers were getting on the release of the University of Michigan Survey of Consumers, other customers may have been getting their data even......

Words: 1561 - Pages: 7

Dell 2008: Can It Overtake Hewlett-Packard as the Worldwide Leader in Personal Computers by Thomson

...CASE 6 Dell Inc. in 2008: Can It Overtake Hewlett-Packard as the World Leader in Personal Computers? ASSIGNMENT QUESTIONS 1. What is your evaluation of Michael Dell’s performance in his roles as Dell’s CEO and Chairman? How well has he performed the five tasks of crafting and executing strategy that were discussed in Chapter 2? 2. What are the elements of Dell’s strategy? Which one of the five generic competitive strategies is Dell employing? How well do the different pieces of Dell’s strategy fit together? In what ways is Dell’s strategy evolving? 3. Does Dell’s expansion into other IT products and services make good strategic sense? Why or why not? 4. Is Dell’s strategy working? What is your assessment of the financial performance that Dell’s strategy has delivered during fiscal years 2000-2008? Use the financial ratios presented in Table 4.1 of Chapter 4 (pages 104-105) as a basis for doing your calculations and drawing conclusions about Dell’s performance. 5. What does a SWOT analysis reveal about the attractiveness of Dell’s situation in 2008? 6. Which company is competitively stronger—Dell or Hewlett-Packard? Use the weighted competitive strength assessment methodology shown in Table 4.4 of Chapter 4 to support your answer. 7. In what respects, if any, is Hewlett-Packard’s strategy in PCs more appealing or better than Dell’s strategy? 8. What issues and problems does Michael Dell need to address? 9. What actions and strategy changes would you recommend to Michael......

Words: 265 - Pages: 2

Abortion Essay Thomson Article

...pinecone a pine tree; to label a foetus as a person is similarly inappropriate (Thomson: Page 47). Thomson argues this tact distracts from the primary concern of abortion, for even if one grants that a foetus is a person, one’s work is still ahead of them to argue against the permissibility of abortion (Thomson: Page 48). The argument runs as follows: P1: As a person, the foetus has the right to life. P2: As a person, the woman has the right of autonomy concerning her own body. P3: The right to life is more important than the right to autonomy over one’s body. Therefore, C1: Abortion is impermissible as the right to life of the foetus outweigh a woman’s right of autonomy concerning her body. The Sickly Violinist In response to this argument, Thomson developed a thought experiment known as the ‘Sickly Violinist’: You have been kidnapped by a Society of Music Lovers, and upon waking have found yourself to be surgically attached to a famous, but also gravely ill violinist. This violinist is suffering from kidney failure, and it has been discovered that only your kidneys can filter his blood until they heal themselves. The hospital director explains to you that he is apologetic this state of affairs has befallen you, but to detach you now would kill the violinist. You are therefore to remain his personal dialysis machine for the next nine months, at which time you will be allowed to leave. (Thomson: Page 49). Who would be so willing as to assent to this situation......

Words: 2794 - Pages: 12

Pros/Cons Ifrs Convergence W/ Us Gaap

...Financial Express, Web. 26 Sep 2009. . Bogoslaw, David. "Global Accounting Standards? Not So Fast." BusinessWeek: Investing. 13 Nov 2008. The McGraw-Hill Companies Inc., Web. 13 July 2009. . Borson, Joey. "IFRS Comment Period Closes; Respondents Divided Over Adoption Merits, Mechanisms." Finance and Strategy: Controllers' Leadership Roundtable. Corporate Executive Board, Web. 16 July 2009. . businessfinancemag, . "PART II: IFRS or Standards Convergence?." 21 April 2009., Web. 18 July 2009. . Chasan, Emily. " Global accounting convergence plan seen on track." Reuters. 27 April 2009. Thomson Reuters, Web. 10 July 2009. . Chasan, Emily. "IFRS may lead to new U.S. accounting divide." Reuters. 24 Feb 2008. Thomson Reuters, Web. 15 July 2009. . Chasan, Emily. "Top six audit firms push for global IFRS adoption." Reuters. 15 Jan 2008. Thomson Reuters, Web. 16 July 2009. . Cashin, Jim. "Why you need to be thinking about IFRS today." Mass High Tech: The Journal of New England Technology. 24 July 2009. American City Business Journals, Inc., Web. 25 July 2009. . Fortune. 12 March 2008. Cable News Network, A Time Warner Company. 12 March 2008. <> Advantages and Disadvantages of switching from U.S.GAAP to IFRS 7 Cox, Christopher. "U.S. Moves Toward International Accounting Rules." DealBook. 27 Aug 2008. The New York Times, Web. 11 July 2009. . CPAJ, . "The CPA Journal." Business Week. Nov 2008. BX,......

Words: 3319 - Pages: 14