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Thomson Financial sells unit; launches "First Call Events".


Thomson Financial Thomson Financial

A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings
 (New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
), a unit of the Thomson Corp., has entered into an agreement to sell its Global Consulting Group (GCG GCG Genetics Computer Group
GCG Glucagon
GCG Good Corporate Governance
GCG Global Consumer Group
GCG Global Church of God
GCG Generalized Conjugate Gradient
GCG Global Change Game
GCG Geological Curators' Group
GCG Giant-Cell Granuloma
) to Huntsworth Plc. (Marlow Bucks, UK). The purchase price is subject to approval by Huntsworth shareholders and the deal is expected to close in November.

Huntsworth, previously known as Holmes & Marchant Group, provides marketing and communications consulting services for domestic and international clients. Services include direct marketing, research, events planning, online marketing, public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most , promotions and corporate branding.

Thomson Financial Corporate Group president Kevin Marcus, while noting that GCG is an "outstanding business with strong management and a well-established customer base," said that "it simply falls outside of our strategic core focus" on information services See Information Systems. .

In related news, Thomson Financial has launched "First Call Events," an online calendar of corporate events. The new service, targeted to institutional money managers and investor relations professionals, carries information on earnings release and conference call event details, live and archived corporate webcasts, live conference call transcripts and summaries, and related economic events. The service is available via Thomson's "First Call Analyst" research and analysis service and includes coverage of more than 5500 public companies worldwide.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Thomson Financial sells unit; launches "First Call Events".
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 17, 2002
Words:193
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