|
Bloomberg L.P. is the largest financial news and data company in the world, controlling 33% of market share. It was founded by Michael Bloomberg (now Mayor of New York City) with the help of Thomas Secunda in 1981 and provides financial software tools such as analytics and equity trading platform, data services and news to financial companies and organizations in virtually every country in the world through the Bloomberg Terminal, its core money-generating product. Bloomberg L.P. has grown to include a global news service, including television, radio, the Internet and publications. Image File history File links No higher resolution available. ...
A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs). ...
Midtown Manhattan, looking north from the Empire State Building, 2005 New York City (officially named the City of New York) is the most populous city in the state of New York and the entire United States. ...
Midtown Manhattan, looking north from the Empire State Building, 2005 New York City (officially named the City of New York) is the most populous city in the state of New York and the entire United States. ...
Financial services is a term used to refer to the services provided by the finance industry. ...
Look up revenue in Wiktionary, the free dictionary. ...
Image File history File links No higher resolution available. ...
ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...
This article is about work. ...
A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML...
Michael Rubens Bloomberg (born 14 February 1942) is an American businessman, philanthropist, and the founder of Bloomberg L.P., currently serving as the Mayor of New York City. ...
For a list of the Dutch Director-Generals who governed New Amsterdam (as New York City was called when it was a Dutch-run settlement) between 1624 and 1664, see: Director-General of New Netherland. ...
Thomas Secunda (b. ...
Year 1981 (MCMLXXXI) was a common year starting on Thursday (link displays the 1981 Gregorian calendar). ...
A Bloomberg Terminal The Bloomberg Terminal is a computer system that enables financial professionals to monitor real-time financial market movements and to place trades. ...
Its current headquarters are located at the Bloomberg Tower in Midtown, Manhattan. Top of Bloomberg Tower Bloomberg Tower, named after Bloomberg L.P., is the unofficial name of a skyscraper on the East Side of Midtown Manhattan. ...
View of Midtown from Empire State Building. ...
It was incorporated as a Delaware Limited Partnership (LP) in 1981 and has been in business since 1983. Michael Bloomberg owns 72% of the group and receives an 84.55% share of the profits, and claims credit for the same portion of its charitable giving. Bloomberg's core business is leasing terminals to subscribers. It also runs Bloomberg Television, a leading financial TV station, and Business Radio station WBBR in New York City. Forbes Magazine estimated, in 2000, Bloomberg's cash flow margins on its $2.3 billion in revenues exceed 35%, and Bloomberg has more than 100,000 users in North America, and another 130,000 in the rest of the world. Its competitors include Reuters, Dow Jones Newswires, and FACTSET. Incorporation (abbreviated Inc. ...
This article is about the U.S. State of Delaware. ...
A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs). ...
Michael Rubens Bloomberg (born 14 February 1942) is an American businessman, philanthropist, and the founder of Bloomberg L.P., currently serving as the Mayor of New York City. ...
Bloomberg Television are cable television networks around the world that broadcast business and financial news 24 hours a day. ...
A television station is a type of radio station that broadcasts both audio and video to television receivers in a particular area. ...
WBBR is a radio station, broadcasting at 1130 AM in New York City. ...
Midtown Manhattan, looking north from the Empire State Building, 2005 New York City (officially named the City of New York) is the most populous city in the state of New York and the entire United States. ...
Reuters Group plc (LSE: RTR and NASDAQ: RTRSY); pron. ...
Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. ...
An editor has expressed a concern that the subject of the article does not satisfy the notability guideline or one of the following guidelines for inclusion on Wikipedia: Biographies, Books, Companies, Fiction, Music, Neologisms, Numbers, Web content, or several proposals for new guidelines. ...
History, Services & Products
In 1981 Mike Bloomberg left Salomon Brothers, where he was a general partner, and set up Innovative Marketing System with his severance pay. In 1982, Merrill Lynch became the new company's first customer, installing 22 Market Master terminals. In 1986, the company was renamed Bloomberg L.P. and by 1987, 5000 terminals had been installed. Thus, Bloomberg L.P. rapidly became an established firm in the financial data market. Within a few years, ancilliary products such as Bloomberg Tradebook (a fully functional trading platform) the Bloomberg Messaging Service and the Bloomberg newswire were launched. Over 200,000 Bloomberg Terminals have been installed as of 2007 and the service is a market leader. Virtually every company and institution involved in the investment industry uses the Bloomberg Professional service. Year 1981 (MCMLXXXI) was a common year starting on Thursday (link displays the 1981 Gregorian calendar). ...
Michael Bloomberg Michael Rubens Mike Bloomberg (born February 14, 1942) is a businessman and mayor of New York City. ...
This article deals with Salomon Brothers. ...
Merrill Lynch & Co. ...
In addition to the core Bloomberg Professional product, Bloomberg L.P. has a large news service with more than 2,000 professionals in 125 bureaus worldwide; the Bloomberg television 24-hour business and financial network produced and distributed worldwide on 10 separate channels in seven languages; Bloomberg Radio services which provide up-to-the-minute news on XM, Sirius and WorldSpace satellite radio around the world and on WBBR 1130AM in New York; and Bloomberg.com, a top-ranked financial news site. In addition, Bloomberg publishes award-winning Bloomberg Markets magazine and Bloomberg Press books for investment professionals. XM may stand for: XM Satellite Radio, a United States broadcasting company. ...
Sirius B redirects here. ...
“NY†redirects here. ...
Criticisms The Bloomberg Professional service is comparatively expensive (around $2000 per terminal per month including exchange fees for live data) in the context of its nearest competitor, Reuters 3000 Xtra. Bloomberg was criticised for significant price rises from 2000 to 2003, which were very difficult times for its core customer base, many of whom were engaged in cost-cutting exercises. Bloomberg have also pushed the introduction of Bloomberg Anywhere, a biometrically authenticated login system for Bloomberg Professional. This has forced firms to provide full Bloomberg subscriptions for users who would otherwise have been able to share terminals. The Bloomberg Messaging system has become the standard means of written communication in certain markets and the loss of the messaging service and the associated client contact is a significant switching barrier for anybody wishing to use a competing product, thus forcing many market participants to pay for a full Bloomberg subscription just to use the messaging service.
Organizational structure Bloomberg LP stresses the matrix management organization structure. Everyone who works at Bloomberg, even the CEO, sit at Terminal-laden desks instead of individual offices. All Conference rooms are lined with walls of glass to symbolize transparency. Expensive fish-tanks and large artistic murals line all floors. Matrix management is a type of organizational management in which people with similar skills are pooled for work assignments. ...
The term conference can be used to describe any meeting of people that confer about a certain topic. ...
Corporate governance As of March 2001, members of the board of directors of Bloomberg include: Peter Grauer, Arthur Levitt, Jane Bryant Quinn, Frank Savage, and Thomas Secunda [1] In relation to a company, a director is an officer (that is, someone who works for the company) charged with the conduct and management of its affairs. ...
Arthur Levitt Jr. ...
Categories: Wikipedia cleanup | People stubs ...
Thomas Secunda (b. ...
See also A.M. Best Company, Inc. ...
Dominion Bond Rating Service is a credit rating agency based in Toronto, Ontario. ...
Fitch Ratings, Ltd. ...
Morningstar, Inc. ...
Moodys Corporation (NYSE: MCO) is the holding company for Moodys Investors Service which performs financial research and analysis on commercial and government entities. ...
Nationally Recognized Statistical Rating Organizations is a United States government designation that was created by Securities and Exchange Commission in 1975 to allow federal regulatory oversight of credit rating organizations. ...
Reuters Group plc (LSE: RTR and NASDAQ: RTRSY); pron. ...
Publications Standard & Poors publishes a weekly (48 times a year) stock market analysis newsletter called The Outlook, which is issued both in print and online to subscribers. ...
External links is the 347th day of the year (348th in leap years) in the Gregorian calendar. ...
Also see: 2002 (number). ...
Television |
Feeds |
Contact