The Thomson Corporation Essay

The Thomson Corporation and its subordinates. with central offices in Stamford. Connecticut. and operations in 37 states. supply information services to concern and professional clients worldwide. The family-owned organisation operates through five sections: Thomson Legal. Thomson Tax and Accounting. Thomson Financial. Thomson Scientific. and Thomson Healthcare.

The company began its roots with Roy Thomson who in 1934 acquired a newspaper in Canada. The Timmins Press. The company started out as a publication company but finally branched out to go an information and cognition based pudding stone. “Thomson’s expression was so simple others shortly mimicked it: Carve a batch out of a small. He scooped up small-town dailies and dished out the least dearly-won merchandise he could sell. ” ( Prochnau )

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Thomson’s vision is to “be the taking planetary supplier of incorporate information-based solutions to concern and professional clients. ” The company plans to accomplish this by “delivering superior stockholder value by authorising people to supply indispensable information. penetration. productiveness tools and services that help the company’s clients win. ”

Committedness to the people is the Thomson Corporation’s nucleus value that directs and sustains the company’s operational schemes and aims. “In 2006 the Thomson Corporation successfully executed on its strategic and operational precedences. and delivered strong fiscal consequences. Thomson has ne’er been in a stronger place – strategically. operationally and financially” with $ 6. 6 billion in grosss from go oning operations. up 8 % from the consequences of the old twelvemonth. Furthermore. the company gave back about $ 1 billion to stockholders through dividends and the stock redemption plan.

In May of this twelvemonth. the organisation gained more land in an unprecedented coup d’etat of intelligence and information giant. Reuters for 8. 7 billion lbs ( $ 17. 2 billion ) . Thus. doing the combined Thomson-Reuters’ market value to exponentially increase to $ 35 billion. “Thomson Financial and Reuters fiscal and media concerns will be merged and renamed Reuters. and will be run by American Devin Wenig. who is presently Reuters’ head runing officer. ” After this acquisition. the Thomson household will still have 53 % of the combined concerns. The Corporation’s common portions are listed on the New York and Toronto stock exchanges ( NYSE: TOC ; TSX: TOC ) .

Plants Cited

Prochnau. William. “In Lord Thomson’s Realm. ”American Journalism ReviewOctober

1998: 44+ .

Rogers. Gareth. “Lord Who Ran Newspaper Empire in City. ”South Wales Echo20 June

2006: 22.

The Thomson Corporation Annual Report 2006.

“Thomson Clinches [ Pounds Sterling ] 8. 7bn Reuters Buy. ”Flushing Standard[ London ] 15

May 2007: NA.

Thomson Corporation. 2007. 23 October 2007 & lt ; hypertext transfer protocol: //www. Thomson. com/about/ & gt ;

Thomson Corporation ( TOC ) .Yahoo Finance. 23 October 2007

& lt ; hypertext transfer protocol: //finance. yokel. com/q? s=TOC & gt ;


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