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Reuters Group plc is a financial market data provider and news service that provides reports from around the world to newspapers and broadcasters. However, news reporting accounts for less than 10% of the company's income. Its main focus is on supplying the financial markets with information and trading products. These include market data, such as share prices and currency rates, research and analytics, as well as trading systems that allow dealers to buy and sell such things as currencies and shares on a computer screen instead of by telephone or on a trading floor like that of the New York Stock Exchange. Among other services, the most notable is analysis of 40,000 companies, debt instruments, and 3 million economic series. Competitors include Bloomberg L.P. and Dow Jones Newswires.

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Reuters Group



Private Social Network Facebook To Go Web Wide

Written on
July 24th 2008
Author
  |   Reuters Group

The leader of a youth movement that swept the world this past year by encouraging Web users to share bits of their lives with selected friends, spoke on Wednesday of spreading his service across the Web, even while apologizing for past excesses. Mark Zuckerberg, 24, told an audience of 1,000 industry [...] More...

Yahoo Profit Down, Outlook Intact; CEO Set To Stay

Written on
July 23rd 2008
Author
  |   Reuters Group

Yahoo Inc.’s net profit fell 19% but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft Corp.’s failed takeover bid. Shares of the Internet company, which just settled a proxy battle with activist investor Carl Icahn, rose 2.7% to $21.99 [...] More...

Yahoo and Icahn Settle; Microsoft Deal Seen Adrift

Written on
July 21st 2008
Author
  |   Reuters Group

Yahoo Inc. will appoint activist investor Carl Icahn and two of his nominees to its board, settling a proxy battle and making an immediate transaction with Microsoft Corp. less likely. The settlement, announced on Monday, came just 11 days before Yahoo’s Aug. 1 annual shareholders meeting, at which Icahn had originally [...] More...

AOL Talks With Microsoft, Yahoo Heat Up: Source

Written on
July 16th 2008
Author
  |   Reuters Group

Time Warner Inc.’s discussions to merge or sell its AOL Internet division with Microsoft Corp. or Yahoo Inc. have taken on new urgency ahead of Yahoo’s Aug. 1 shareholders meeting, a source familiar with the discussions told Reuters on Tuesday. The structure of any deal is not immediately clear, though a [...] More...

Microsoft and Icahn Promised Yahoo Billions in Ad Revenue

Written on
July 14th 2008
Author
  |   Reuters Group

Microsoft Corp. and billionaire investor Carl Icahn’s joint proposal for Yahoo Inc, which was rejected on Saturday, included improved revenue guarantees from search advertising, people familiar with the matter said on Sunday. In joining forces with Icahn, Microsoft sweetened the terms of a proposal to control Yahoo’s search business after withdrawing [...] More...

Yahoo To Offer Its Search Services to Outside Firms

Written on
July 10th 2008
Author
  |   Reuters Group

Yahoo Inc. will let customers, academics and even rivals build customized Web search services on top of its own technology, introducing a resale model into a major Internet market where it ranks a distant No. 2 to Google Inc. In the embattled Internet company’s biggest step yet to carve out a [...] More...

Yahoo Reorganizes Businesses Under Decker

Written on
June 27th 2008
Author
  |   Reuters Group

Yahoo Inc. unveiled on Thursday the third phase of an extended reorganization, bolstering the operational control of President Sue Decker, as the company hones its independent strategy after rebuffing Microsoft Corp. The changes centralize the management of once-separately run consumer services into a new “audience organization,” Decker said in a phone [...] More...

Yahoo Investor Urges Board Compromise With Icahn

Written on
June 16th 2008
Author
  |   Reuters Group

Dissident Yahoo Inc investor Eric Jackson on Monday urged fellow shareholders to vote for a board comprising five existing directors and four nominees from billionaire investor Carl Icahn’s slate. Jackson, who leads a group of 146 investors holding 3.2 million Yahoo shares, said that while he supported Icahn fully, he recognized [...] More...

Yahoo Makes Google Ad Deal, Microsoft Talks Fail

Written on
June 13th 2008
Author
  |   Reuters Group

Microsoft’s plan to establish a strong footing in online advertising suffered a big blow on Thursday as merger talks with Yahoo finally, formally failed and Yahoo said it would let Google sell search ads on its site.Separate statements from Microsoft and Yahoo signaled a real rift between the two after [...] More...

Yahoo Shares Plunge After Microsoft’s exit

Written on
May 5th 2008
Author
  |   Reuters Group

Yahoo Inc.’s shares tumbled as much as 20% today after Microsoft Corp. withdrew its $47.5 billion takeover offer, wiping about $7.6 billion off the Internet company’s market capitalization and piling pressure on its leadership. In the aftermath, Internet search leader Google Inc. seemed poised to reap the gains of the missed [...] More...


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