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Bloomberg L.P.

Bloomberg LP
Company nameBloomberg L.P.
Company typeLimited Partnership
IndustryFinancial Services
FoundedOctober 1, 1981
Founder(s)Michael Bloomberg
Thomas Secunda
HeadquartersBloomberg Tower
New York City, U.S.
No. of locations200 offices (June 2010)
Key peoplePeter Grauer, Chairman
Dan Doctoroff, President
Revenue(+)US$6.9 billion (projected (2010)
Employees13,000 (Dec 2010)

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Bloomberg L.P. is a privately held financial software, media, and data company. Bloomberg makes up one third of the $16 billion global financial data market with estimated revenue of $6.9 billion. Bloomberg L.P. was founded by Michael Bloomberg (current Mayor of New York City) with the help of Thomas Secunda, Duncan MacMillan, and Charles Zegar in 1981 and a 30% ownership investment by Merrill Lynch. The company provides financial software tools such as analytics and equity trading platform, data services and news to financial companies and organizations around the world through the Bloomberg Terminal (via its Bloomberg Professional Service ), its core money-generating product. Many customers use only a small fraction of the machines' 30,146 functions. Bloomberg L.P. has grown to include a global news service, including television, radio, the Internet and printed publications.

Its current headquarters are located at the Bloomberg Tower, 731 Lexington Avenue in Midtown Manhattan, New York City. The building is also known as One Beacon Court for the lighted rectangular beacon that caps the tower and the paved courtyard at the ground level.

It was formed as a Delaware Limited Partnership in 1981 and has been in business since 1983. Michael Bloomberg owns 85% of the group. Bloomberg's core business is leasing terminals to subscribers. It also runs Bloomberg Television, a financial TV station, and a business radio station WBBR in New York City at a loss. Bloomberg's revenue for last year (2009) was estimated at $6.25 billion. Based on that estimate, the new projections would push revenue to nearly $6.9 billion this year (2010). There are currently over 300,000 Bloomberg Terminal subscribers worldwide.Its competitors include SNL Financial, Thomson Reuters, Capital IQ, Dow Jones Newswires, FactSet Research Systems and smaller companies such as New York Financial Press. In late 1996 Bloomberg bought back one-third of Merrill Lynch's 30 percent stake in his company for $200 million valuing the company at $2.0 billion. In July 2008, Merrill Lynch agreed to sell its 20% stake in the firm back to Bloomberg, for a reported $4.43 billion, valuing the firm at approximately $22.5 billion.

Bloomberg LP Video

Christine Quinn's power base is now in question -- following her close association with Mayor Michael Bloomberg and his controversial push for third term extensions. Bloomberg tricked Quinn into doing his dirty work on extending term limits, and then left her out to fend herself against voter anger. More evidence of his bias against women. - - - - - - - - - - - - - - - - - - - - - - - - - - - - PRESS RELEASE 9-27-07 BLOOMBERG LP SUED FOR PREGNANCY BIAS EEOC Says Financial Services Giant Demoted Class of Pregnant Women, Reduced Their Pay NEW YORK, NY Bloomberg LP, the news and financial services company, violated federal law by discriminating against a class of female employees who became pregnant and took maternity leave, the US Equal Employment Opportunity Commission (EEOC) charges in a lawsuit filed today under Title VII of the Civil Rights Act, as amended by the Pregnancy Discrimination Act. www.eeoc.gov
2.38 min. | 3.66 user rating
Maureen McGuire, CMO, Bloomberg LP
0.42 min. | 0 user rating
General Delegate in August 2007, the President Gilles Jacob and the Board of the Festival de Cannes wanted to project the future Cannes. Following the sixtieth anniversary in 2007, a new cycle has opened on the Croisette with Filmbay.com A natural cycle, primarily, since a new period has commenced which will lead us up to the 70th anniversary in 2017. A symbolic cycle too, since there is a question on all our lips, and in our eyes too: what will the Festival de Cannes be like in ten years time? No one knows especially us! and yet, we must anticipate, guess and encourage this future. Because cinema itself is constantly changing the boundaries, because the world it reflects is more indiscernible than ever, the Festival will not simply coast along on the prestige of its name, however strong that may be. This prestige is above all due to the quality of the films, the creativity of the artists, the fighting spirit of the professionals and the enthusiasm of the press. Cannes and Filmbay is a collective good that each of us, wherever we are and in our own individual way, builds stone by stone, year after year. Its through never ceasing to question, through constantly evolving, and through inviting criticism, that we do it the most good. Although solidly rooted in its own history, Cannes is always open to newness.
1.15 min. | 0 user rating
Dates: Jan. 8-19, 2009 2010 Edition Filmbay IVI: Location: Palm Springs, California Genre: Animated features, Documentary features Documentary short films, General features, International features Dates: Jan. 9-18, 2009 Genre: Animated features, Animated short films Children's features,...
1.10 min. | 0 user rating
Berlinale Talent Campus taps into the unique atmosphere of filmbay with a great festival to bring together young talents and experienced professionals. The better experience of the latter meets the inspiration of the former a very vital platform for the film world to participate in. Since 2009, the Berlinale Talent Campus takes place in the three venues of HAU Filmbay.com Theater Hebbel am Ufer. Each year, the Producers Network unites 500 producers around themes and problematics pertinent to their field. It is a real matrix for projects in production, and a strong stepping stone for international co-productions. Its original program (breakfasts, speed-datings, happy hours) give its participants the necessary opportunities to evolve in a dynamic as well as competitive market.
1.35 min. | 0 user rating
www.SupportLineAlerts.com This is today's BobChart for The Blackstone Group LP The Blackstone Group LP closed at 14.62. The nearest support is 14.1 percent below the close at 12.55. The nearest resistance is 20.66 percent above the close at 17.64.
1.00 min. | 0 user rating
TheMarché du Film is the most important meeting of professionals worldwide. Its here that meetings, negotiations and deals take place, in parallel to the Festival de Cannes. Global vision of the film production world, the Marché du Film offers a unique platform for the cinema industry. Favouring the creation and consolidation of professional relations on an international scale, the Marché du Film brings efficiently together creative and financial dynamics. More information about the Producers Network that offers a host of original initiatives for producers. Following the sixtieth anniversary in 2007, a new cycle has opened on the Croisette with Filmbay.com A natural cycle, primarily, since a new period has commenced which will lead us up to the 70th anniversary in 2017. A symbolic cycle too, since there is a question on all our lips, and in our eyes too: what will the Festival de Cannes be like in ten years time? No one knows especially us! and yet, we must anticipate, guess and encourage this future. As cinema itself is constantly changing the boundaries, because the world it reflects is more indiscernible than ever, the Festival will not simply coast along on the prestige of its name, however strong that may be. This prestige is above all due to the quality of the films, the creativity of the artists, the fighting spirit of the professionals and the enthusiasm of the press. Cannes and Filmbay is a collective good that each of us, wherever we are and in our own <b>...</b>
1.48 min. | 5.0 user rating
Dates: Jan. 8-19, 2009 2009 Edition Filmbay III: Location: Palm Springs, California Genre: Animated features, Documentary features Documentary short films, General features, International features Dates: Jan. 9-18, 2009 Genre: Animated features, Animated short films Children's features,...
0.98 min. | 0 user rating
Corporate America has taken notice of the Festival by setting up independent marketing operations during the Festival. This has not pleased the Sundance Film Festival, who have tried various ways to encourage brands to officially sponsor the festival, instead of creating their own marketing event. The Festival has also (controversially, in some circles) become a press event for celebrities. 2009, the prize "Dialogue en perspective", sponsored by the French television channel TV5Monde in cooperation with the German-French Youth Office, Filmbay was awarded for the first time. The prize jury has eight members: it is headed by a president, a professional whose work represents the cinematographic dialogue between France and Germany, and further consists of Filmbay.com four French and three German members. More in 2010-2011.
3.43 min. | 0 user rating
www.mslaw.edu Successful women in the business world discuss their pathways to success as well as social norms, pay inequity, gender bias, pregnancy discrimination, and the law. Professor Connie Rudnick of TheMassachusetts School of Law's Educational Forum interviews Dr. Nan S. Langowitz, Associate Professor of Management and Entrepreneurship at Babson, Deborah DiSanzo, CEO of Healthcare Informatics for Phillips Healthcare, Shirley Singleton, CEO of Edgewater Technology, Dr. Radha Jalan, CEO of ElectroChem Inc. and Jody Newman, Managing partner at Dwyer & Collora LLP The Massachusetts School of Law also presents information on important current affairs to the general public in television and radio broadcasts, an intellectual journal, conferences, author appearances, blogs and books. For more information visit mslawledu. MSLAW podcasts are available on itunes (just search for mslaw) and at http MSLAW videos can also be found on Google.
60.05 min. | 5.0 user rating

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Plug-in-Vehicles May Make up 22% of US Auto Sales by 2030 - AUTO-MOBI.info (press release) Tweet this news
AUTO-MOBI.info (press release)--New Energy Finance Limited was acquired by -Bloomberg LP- in December 2009, and its services and products are now owned and distributed by Bloomberg Finance ... - Date : Fri, 05 Nov 2010 11:34:06 GMT+00:00
Sandler O'Neill Says Kelso, Carlyle Take Equity Stake - Bloomberg Tweet this news
Bloomberg--Sandler O'Neill & Partners -LP-, the investment bank specializing in financial companies, ... - Date : Thu, 04 Nov 2010 15:42:09 GMT+00:00
Bloomberg: Stop Blaming The Chinese, America - Gothamist Tweet this news
Gothamist--Me thinks this is all about positioning -Bloomberg LP- for the Chinese market. This mayor absolutely should not have gone on this trip; or, if he did, ... - Date : Sat, 06 Nov 2010 14:34:36 GMT+00:00
Magellan Midstream Sells $300 Million of Debt to Buy BP Assets - Bloomberg Tweet this news
Bloomberg--Magellan Midstream Partners -LP-, the company that agreed to buy $289 million of petroleum storage facilities and ... - Date : Wed, 04 Aug 2010 22:49:32 GMT+00:00
EPA Names Bloomberg as Top 50 Green Power Organization - Business Wire (press release) Tweet this news
Business Wire (press release)--NEW YORK--(BUSINESS WIRE)---Bloomberg LP-, a leader in sustainability efforts among global corporations, has been named by the Environmental Protection Agency ... - Date : Wed, 04 Aug 2010 16:07:46 GMT+00:00
Lloyds Sells Unit to Coller for 332 Million Pounds - BusinessWeek Tweet this news
BusinessWeek--Lloyds will retain a stake of about 30 percent in a new joint venture called Cavendish Square Partners -LP-, the London- based bank said in a statement today. ... - Date : Mon, 05 Jul 2010 07:02:41 GMT+00:00
Ex-Boston Provident Trader Levy Gets 67 Months Prison - BusinessWeek Tweet this news
BusinessWeek--June 28 (-Bloomberg-) -- Ezra Levy, a former trader and chief financial officer of Boston Provident Partners -LP-, ... - Date : Mon, 28 Jun 2010 20:55:21 GMT+00:00
Cantor Fitzgerald Plan for Box-Office Futures Clears Commission - San Francisco Chronicle Tweet this news
San Francisco Chronicle--June 28 (-Bloomberg-) -- Cantor Fitzgerald -LP- today won US approval to offer a contract on movie box-office sales of Lions Gate Entertainment Corp. ... - Date : Mon, 28 Jun 2010 22:39:03 GMT+00:00
King, J&J Won't Need to Register Painkiller Users - BusinessWeek Tweet this news
BusinessWeek--June 28 (-Bloomberg-) -- Drugmakers including King Pharmaceuticals Inc. and Johnson & Johnson won't need to register doctors or patients ... - Date : Mon, 28 Jun 2010 20:25:28 GMT+00:00
Enterprise Shuts Portion of 36-Inch Pipeline Struck by Fire - Bloomberg Tweet this news
Bloomberg--June 7 (-Bloomberg-) -- Enterprise Products Partners -LP- shut a portion of its 36-inch natural gas pipeline after the line was struck by a fire. ... - Date : Mon, 07 Jun 2010 21:44:19 GMT+00:00



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