............................................................................. 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 & Accounts is...
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...advertising slogan, designed by the advertising firm BBDO, largely contributed to GE corporate identity; indeed, according to Baer Performance Marketing, “When you hear the name General Electric, […] “We Bring Good Things to Life” is also brought to mind” (baerpm.com). Furthermore, it didn’t have for only purpose to promote the firm’s products and services, but it also emphasized their high quality, and as a result, it highlighted GE’s will to improve consumers’ lives. In other words, the slogan had more than communication purposes: it would lead the entire process of value creation; it summed GE’s strategy up. General Electric was created by a merge between two electricity-related companies – Edison General Electric Company and Thomson-Houston Electric Company, in 1892, from Thomas Edison and Charles Coffin initiative. Widely considered as one of the most successful corporations of the 20th century, recognized by Fortune to be the “Most Admired Company in the United States” and named Financial Times’ “Most Admired Company in the World” in 2001, the firm has dramatically grown from a merge between two electricity enterprises to an American multinational conglomerate corporation, which does not only operate in the Energy Industry, but internationally leads various other segments. Thus, Jack Welch’s two decades at the head of the company made an important strategic mark for at least two reasons. First, his choices in terms of diversification led General Electric...
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...Ronald Leven, Ph.D. Head of Foreign Exchange and Macroeconomic Content Thomson Reuters Three Times Square New York, NY 10036 Tel: 1-917-971-1082 June 17, 2015 To Whom It May Concern: In addition to my full time position at Thomson Reuters, I teach a course on Emerging Market Investment Strategies as an Adjunct Professor at the Columbia School of International Affairs. I had the pleasure of having Tian Tian as a student in my class last year and would be happy to provide a recommendation on her behalf for the Research Analyst position at the Peterson Institute for International Economics. Tian was one of the best students in my class and consistently did A level work on all assignments. The course required term papers on selected countries and her papers on Mongolia and Taiwan were professional caliber. Both papers required sourcing and analyzing macroeconomic and firm specific data. Her work was technically competent and the presentation provided a nice assessment of the economic prospects and investment opportunities available in these countries. Tian Tian also regularly contributed to the in-class discussions and consistently made well thought out and insightful comments. Tian Tian and I have remained in communication since she graduated and several times she has made me aware of articles that were of relevance to my class which I much appreciated. Again, I want to vouch for Tian Tian’s technical competency and also her ability to write and speak...
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...Eberhard Karls Universität TübingenEnglisches Seminar WS 2013/14 Dr. phil. Angelika ZirkerAnglistik/Amerikanistik Drama Essay: As You Like It Characterization:Orlando de Boys Julia LaugMatrikel-Nr: 3824050 julia.laug@web.de For my drama essay, I decided to analyse on of the main characters, Orlando de Boys. Orlando is the youngest son of Sir Rowland de Boys and after his father's death, his elder brother Oliver was meant to care for Orlando's education, but he refuses this and treats Orlando like he was part of the staff. Therfore, Orlando is very angry at his brother, but even though he is not an educated gentleman he still sees himself this way. I picked this character because I think Orlando is a very interesting person and it is fascinating to see the two sides of his character – on the one hand, he seems to be a very self-confident and strong young man, but then again he acts very awkward and naive when he is falling in love with Rosalind. In the following text I will briefly analyse those two features of his character. Orlando's first appearance in „As You Like It“ is also the beginning of the play and we get a first impression of his first part of characteristics. He is incensed about his elder brother's treatment because Oliver refuses him the education and the lifestyle that he deserves. Orlando is aware of the fact that he is from noble blood and he insists on this actuality. We also realize that Orlando is very loyal to his deceased father and that he...
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...Mentoring to success - February 2009 A well-implemented coaching programme is a crucial part of any HR strategy. It provides benefits for both the junior employee and their mentor. Further, it can help create a culture of teamwork and shared goals and responsibilities within an organisation In an ideal world, the employees a company hires would come pre-programmed with all the attributes necessary for them - and hence the organisation - to succeed. But in reality, employees require ongoing learning and development. Naturally, the people best equipped to provide such training are senior personnel within the company; those who have seen and done it all before. This is where mentoring comes in. "Mentoring is important because it provides intergenerational transmission of knowledge and know-how," explains Carol Muller, founding CEO and senior advisor of MentorNet, a California-based non-profit mentoring initiative. "It bridges experience gaps and adds value to professions and organisations, as well as to the individuals involved." While that may sound like Business 101, it hasn't necessarily caught on in the corporate world. Indeed, many local companies do not have formal, organised mentoring systems in place. HareshKhoobchandani, director of the Business and Marketing Organisation, Microsoft Singapore, is convinced of the importance of mentoring schemes. "I'd see it as an opportunity to establish such aprogramme, because I'm seeing the benefits every day at Microsoft...
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...16 Major Firms May Have Received Early Data From Thomson Reuters September 5, 2:25 PM ET |ByMatt Taibbi Read more: http://www.rollingstone.com/politics/blogs/taibblog#ixzz2fI9gEBD3 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 earlier...
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...SWOT, PESTEL, Porter’s 5 Forces and Value Chain Company Overview Bloomberg L.P is a business news corporation based in the United States of America. The company headquarters are located in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1982 with his business partners Duncan MacMillan, Merrill Lynch and Thomas Secunda (Bloomberg, 2010). The company runs a business news agency, radio station, website and a business TV channel and prints a business newspaper named Businessweek. It provides financial services, asset management services and stock exchange updates to its subscribers, viewers and associated financial institutes. It holds around one third of the international financial data market. Bloomberg is a private company and does not show its profit and revenue statement publically. However, in 2009, Bloomberg L.P received $6.25 billion revenue from this $16 billion financial industry (The New York Times, 2009). Since the 1990s, Bloomberg has secured a strong position in Wall Street due to its fast and authentic messaging services informing investors about the securities' prices and market trends. The Wall Street investment gurus consider Bloomberg’s stock market graphs before investing in any portfolio or long-term financial products. The company generates more than 85 per cent of its revenues from in-depth financial analysis articles, for which it charges $20,000 per year from its subscriptions (The New York Times, 2009). Its total number of subscribers...
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...The plaintiff cheerful finance must now set up the causation which is the relationship between the conduct and result. To demonstrate causation in law of tort the plaintiff must establish that the lost they have suffered was caused by the defendant which is established by the use of the ‘but for’ test. The “but for” test is defined as an act from which harm is to come about because of a natural, immediate and continuous outcome in which without it the harm won't have happened. In Barnett v Chelsea & Kensington Hospital Management Committee (1969), the judge Lord hope said that even if the deceased was examined and treated with proper care, it would have been impossible to save his life. Cheerful finance suffered losses by Tang Partners mistake in inaccurately auditing Great investments accounts. Applying the “but for” test, Tang partner should be liable to compensate Cheerful finance for the loss they have suffered. However, there is another aspect to the issue is the reasonable reliance of cheerful finance in relying on the audited accounts prepared by Tang partners. Reasonable reliance is defined as what a judicious individual would accept and follow up on if told something by another. In Canadian Imperial Bank of Commerce v Deloitte & Touche (2015), Justice Perell of the Ontario Superior Court of justice said that the threat of uncertain obligation can be expelled when the accountant knows the identity of the person or group of persons who are sensibly depending on...
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...Top 100 global brands: 1. COCA-COLA ,2. IBM, 3. MICROSOFT, 4. GOOGLE, 5 . GE, 6 . MCDONALD’S, 7 .INTEL ,8 . NOKIA, 9. DISNEY, 10.HP ,11.TOYOTA ,12. MERCEDES-BENZ ,13. GILLETTE ,14. CISCO ,15.BMW ,16 . LOUIS VUITTON, 17 . APPLE ,18 . MARLBORO ,19. SAMSUNG, 20 . HONDA, 21. H&M ,22. ORACLE ,23 . PEPSI 24. AMERICAN EXPRESS, 25. NIKE, 26. SAP, 27. NESCAFÉ ,28. IKEA ,29 . JP MORGAN, 30. BUDWEISER 31. UPS, 32. HSBC ,33 .CANON, 34. SONY, 35 . KELLOGG’S ,36. AMAZON.COM, 37. GOLDMAN SACHS 38. NINTENDO, 39. THOMSON REUTERS MEDIA, 40. CITI ,41. DELL, 42. PHILIPS, 43 . EBAY, 44. GUCCI ,45. L’ORÉAL, 46. HEINZ, 47 . ACCENTURE, 48. ZARA, 49. SIEMENS, 50. FORD, 51 . COLGATE ,52 . MORGAN STANLEY, 53. VOLKSWAGEN, 54. BLACKBERRY, 55 . MTV, 56. AXA, 57 .NESTLÉ 58. DANONE, 59. XEROX ,60. KFC, 61. NEW SPRITE, 62. ADIDAS, 63. AUDI, 64. AVON, 65. HYUNDAI ,66 .YAHOO! ,67. ALLIANZ, 68. NEW SANTANDER 69. HERMES,70. CATERPILLAR ,71. KLEENEX, 72. PORSCHE, 73. PANASONIC, 74 .NEW BARCLAYS, 75. JOHNSON & JOHNSON ,76. TIFFANY & CO, 77 .CARTIER, 78. NEW JACK DANIEL’S ,79. MOËT & CHANDON, 80. NEW C REDIT SUISSE, 81. SHELL, 82 . VISA, 83 . PIZZA HUT, 84 . GAP, 85. NEW CORONA 86. UBS, 87. NIVEA, 88. ADOBE, 89. SMIRNOFF,90. NEW 3M ,91. FERRARI, 92. NEW JOHNNIE WALKER ,93 .NEW HEINEKEN, 94. NEW ZURICH ,95. ARMANI, 96 .LANCÔME ,97 .STARBUCKS, 98. HARLEY-DAVIDSON ,99. CAMPBELL’S ,100. BURBERRY. Top ten value proposition global brands: 1...
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...UPDATE 1-Brazil 2013 inflation forecast down on energy pri... http://www.reuters.com/article/2012/09/17/brazil-economy-su... EDITION: U.S. Register Sign In Search News & Quotes Home Business Markets World Politics Tech Opinion Breakingviews Money Life Pictures Video ARTICLE Supreme Court to review law on minority voting rights - The Supreme Court agreed on Friday to review a legal challenge to the Voting Rights Act, a landmark law adopted in 1965 to protect African-American voters who had faced decades of discrimination at the polls. CONTINUE READING TOP NEWS TOP VIDEOS MARKETS US Indices Exclusive: Ally near $4 billion unit sale, GM seen in lead NEW YORK - Ally Financial Inc is nearing a deal to sell its auto financing operations in Europe and Latin America for around $4 billion, with General Motors Co emerging as the lead bidder if the company decides to sell those operations as a whole, two sources familiar with the situation said. Incoming Lockheed CEO fired after admitting to affair Citigroup to pay former executives more than $15 million each » More Top News DOW 4.07 12,815.39 +0.03% NASDAQ Wall St. up but Washington wary Apple falls from the tree » More Top Videos 9.29 2,904.87 +0.32% S&P 500 2.34 1,379.85 +0.17% MOST POPULAR Obama insists on tax hike for rich as part of fiscal deal | After Obama win, U.S. backs new U.N. arms treaty talks Iran says repelled unidentified plane from...
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...| 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 average...
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...| |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...
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...Ch. 8 Segmenting and Targeting Markets Marketing segmentation helps marketers to group their customers and identify the specific needs for each group more precisely. After doing this, resources can be allocated accurately and the marketing mix can be adjusted perfectly. Starbucks uses a combined strategy to break down their own market from others in order to sell their products more effectively. The coffee company mainly uses demographic - and psycho-graphic segmentation. Starbucksfocuses mainly on married,well educated men and women with children in the age of 40. Therefore, the coffee house created a mature and high prestige image and also provides beverages and food that appeal to children in order to appeal to their ideal segment. The actual segment turned out to be younger and less educated than expected.The main segment represents women in the age of 18 - 43, 42% of them have children, 33% of them are college graduates and 54 % of them are married. However,Starbucks target market also have common psycho-graphical characteristic. MainStarbucks consumer are college graduates with high income who like to socialize and share a neighbor hood. The coffee house locates its retail stores in central spots of a neighbor hood such as train stations because these spots are easy to reach for everybody in a community. Also, Starbucks practices a concentrated targeting strategy by focusing only one segment which is the gourmet coffee drinker. This is how Starbucks defines its...
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...Breakthrough Thinking from Inside the Box In Thomson Reuters, where I used to work as a Research Analyst, I mostly felt that I do repetitive tasks. The question hanging for me before was “How will I change my situation?”. As I thought deeper, the question evolved into “What do I really want?”, but still this doesn’t lead me to my main problem. Then I asked, “Why do I want something else?”. After series of analysis, I figured out that my main problem is just I don’t want to stop growing and learning as a person. That’s how I ended up here in the MBA program. I’m very happy now because with the help of MBA program (though still in progress) I was promoted as a Quality Control Associate. Taking the MBA program was I think the best solution for my problem. Brainstorming alone (if you can call such), or rather, thinking alone, is easier to conduct than brainstorming with a group. However, you cannot get much information. It took me more than a year that MBA program can be a solution! Brainstorming can be a faster way to improve and innovate not just intrapersonal but also in a small-medium-or-large group. In a brainstorming session, many are just “free-riders” especially if it’s a big group. Many, if not all, resist change as said in the article. I’m glad I’ve read this article because brainstorming is a great tool for innovation. We seldom do this in my workplace and I usually think for the improvement or innovation of our processes alone. Many analysts wouldn’t like to participate...
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...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 | www.streetevents.com | 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 within...
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