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Essay / Research Paper Abstract
A 10 page paper that describes each company and determines which is the better company to use. Products and services each company offers are reported. The problems Reuters has had for a number of years is explained. 2003 sales revenues are reported for each company. The conclusion recommending which company to do business with is justified. Bibliography lists 9 sources.
Page Count:
10 pages (~225 words per page)
File: MM12_PGblmrt.rtf
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Unformatted sample text from the term paper:
and businesses" (Sachs Forum, 2004). The company provides continuous "real-time pricing, data, history, analytics and electronic communications" (Sachs Forum, 2004). More than a-quarter-million professionals across 126 countries use Bloombergs services
and products (Sachs Forum, 2004). A world-wide corporation, Bloomberg has offices in New York (headquarters), Paris, London, Frankfurt, Milan, Tokyo, Hong Kong and Singapore (Bloomberg, About, 2004). Bloomberg L.P.
also has a syndicated news service, a publishing house, and is involved in other media, including radio and television along with its Web site (Anderson, Bloomberg, 2004). Bloombergs subsidiaries include
Bloomberg Television and Bloomberg Tradebook Llc (Anderson, Bloomberg, 2004). About Reuters - Products and Service Reuters Group PLC is the largest multimedia news agency in the world (Reuters, About,
2004). It also provides continuos financial and business information via broadcast, print and Online media (Anderson, Reuters, 2004). Reuters offers "news and real-time data, prices, analytics and transaction services which
allow users to communicate and trade" (Reuters, About, 2004). The companys information is distributed to almost a-half-million persons across the world (Anderson, Reuters, 2004). Reuters operates in more than 200
cities in 94 countries and it has editorial staff stationed in 197 news bureaus (Reuters, About, 2004). Reuters was founded in 1851 in London by Paul Julius Reuter (Reuters, About,
2004). Reuter used the new invention, the Calais-Dover cable, to transmit stock quotes between his office in London and Paris (Reuters, 2003). Reuters subsidiaries include Instinet Group Incorporated, Dow Jones
Reuters Business Interactive LLC, TIBCO Software Inc., The Yankee Group and The Island ECN, Inc. (Anderson, Reuters, 2004). Revenue Compared The following table reports 2003 Sales and Number of
Employees. ($mil) Sales 1 Year Sales Growth #Employees Employee Growth Bloomberg $3,000.0 15.4% 8,200 13.9% Reuters $5,702.0 (1.0%) 16,744 (3.8%) (Anderson, Bloomberg, 2004; Anderson, Reuters, 2004). Reuters experienced a decrease
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