Reuters: landmarks
Landmarks
This chronology is indicative only.
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Context is provided by the broader communications and media timeline.
Beginnings
1849 Paul Julius Reuter uses pigeons to fly stock market prices between Aachen and Brussels
1851 Reuter opens office in City of London that transmits stock market quotations between London and Paris via new Calais-Dover cable
1862 alliance with US Associated Press
1863 Reuter builds telegram line between Wales and Ireland
1865 Reuters Telegram Company goes public
1865 opens office in Alexandria in 1865
1868 alliance with UK Central Press Agency
1868 opens office in Bombay
1868 first agreement with UK Press Association (PA) to provide foreign news services
1870 Reuters operates joint news service with UK Press Association until 1960s
1871 Reuters opens agency in Shanghai
1872 Reuters opens agencies in Far East
1874 Reuters opens agencies in South America
1883 Reuters uses 'column printer' to transmit messages to London newspapers
1889 Julius de Reuter co-founds Imperial Bank of Persia
1915 Roderick Jones gains control of Reuters after death of Herbert de Reuter
1923 Reuters uses radio to transmit news internationally
Control by newspapers
1925 UK Press Association takes majority stake in Reuters Ltd
1927 Reuters introduces teleprinter for sending information to London newspapers
1939 Reuters moves corporate headquarters to 85 Fleet Street, London
1941 Reuter Trust was formed to "safeguard the neutrality and independence of Reuters"
1947 Australian Associated Press (AAP) and New Zealand Press Association become co-owners with UK Press Association
1964 Stockmaster financial information service launched as joint venture with Ultronic Systems
1973 Reuter Monitor foreign exchange electronic marketplace launched
1973 Michael Lipper founds Lipper Analytical Services
1981 Reuter Monitor Dealing Service launched
Public company
1984 Reuters floated as public company on London Stock Exchange and US NASDAQ
1985 Reuters buys Visnews (renamed Reuters Television
1986 buys Instinet
1994 buys TIBCO (formerly Teknekron)
1994 buys Quotron
1994 buys UK radio broadcaster LNR
1994 launches Reuters Television service for financial markets
1996 Island ECN founded
1996 Reuters sells most of LNR to DMG, ITN and GWR
Financial data services
1998 buys Lipper Analytical Services (renamed Lipper Inc)
1998 takes stake in Datamonitor
1998 buys Agence Presse Medicale (APM)
1999 buys buys Hardwick Stafford Wright - supplier of fund performance information to the UK industry
1999 buys BOPP ISB AG - Swiss provider of fund performance and analysis
1999 buys majority stake in TowerGroup, US finance sector IT specialists
2000 buys CAMRA fund portfolio information and analysis service
2000 buys BT Alex Brown Investment Trusts data services
2000 takes major stake in US-based IT forecasters Yankee Group for US$72.5m
2000 buys ORT corporate information service in France
2000 market capitalisation reaches £23bn
2001 floats part of Instinet
2001 buys Bridge Information Systems for US$275 million
2001 buys Diagram, French back-office services agency, for US$68 million
2002 subsidiary Instinet buys rival Island ECN for US$508m
2002 capitalisation down to £1.4bn
2002 sells stake in LNR
2004 pays £97m for loss-making market data group Moneyline Telerate from JP Morgan Chase unit One Equity Partners
2005 buys Action Images sports photography agency
2006 pays US$41m for Application Networks (risk management software firm)
2006 Reuters agrees to sell its 50% stake in Factiva to joint venture partner Dow Jones for US$160m
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