Tuesday, November 15, 2011

A New Way to Learn About Bloomberg

Bloomberg BlogBloomberg BlogHomeSubscribe A New Way to Learn About Bloomberg11/04/2011


New Company Info page screen shot5

Nobody enjoys hunting endlessly for information about a company, its products, job openings, recent news, or contact information. That's why Bloomberg has been hard at work with frog (a design firm) revamping the Bloomberg company information page. 

If you go to Bloomberg.com and click on "Our Company," you'll see a unique page that we feel encapsulates Bloomberg's core characteristics: Transparency, always-on, news and data driven, technologically savvy, creative, and most importantly, a useful resource.

The first thing you'll probably notice is the vibrant colors and imagery, changing numbers, and the fact that you can scroll, and scroll, and scroll. To our knowledge, this is the only single-page corporate web site where visitors will experience an infinite scroll of information with several different views of each business. Whether you are looking for information about Bloomberg's Professional service, TV network, Government or Law products, job openings or press information, you can find whatever you need from this one page.

The page also pulls in real-time market data such as stock market information, animates numbers using algorithms, pulls in live TV and Radio feeds, and even shows the beautiful salt water fish swimming in one of the many tanks located throughout Bloomberg's global offices.

One of our favorite features: the Exchange Countdown block. We harvested data from the Bloomberg Professional service and built a component that counts down to one of the exchanges that opens within the next 12 hours (we have 30 exchanges on the list). And, we factored in weekends, daylights savings, and holidays. If you are on the site at 4AM in New York (9AM in London) you'll see that the New York Stock Exchange opens in 5 1/2 hours.  If you're on the site at 4PM Eastern (7AM in Sydney) you'll see that the Tokyo Stock Exchange opens in 4 hours.

Last but certainly not least, if you're looking to contact someone, you can click on the directory tab to see a complete Rolodex of company contact numbers and site links. (If you click on Directory or Company Menu, don't worry about not being able to find your way back to where you started. A new window will pop up with the additional information.)

There are so many interesting things on this page to highlight so you should definitely check it out for yourself. We hope you find it useful. You can also read this post on Fast Company's Co.Design blog for more on how it was created.

 

Jennifer Walsh manages Bloomberg's digital marketing programs

Posted by Bloomberg at 11:58 AMin marketing, Media, Web|Permalink|Comments (0)

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Monday, November 14, 2011

Bloomberg Businessweek's New Ad Campaign

Bloomberg BlogBloomberg BlogHomeSubscribe Bloomberg Businessweek's New Ad Campaign11/03/2011

"Disruptive," "Worldly," "Charged" and "Viral." Those are the hallmarks of Bloomberg Businessweek, our readers, and our new advertising campaign.  Each ad is derived from a recent Bloomberg Businessweek story, highlighting the magazine's expanded editorial content, unique look, and sparkling personality.  Ad Age reported on the campaign, and we invite you to take a look at the four ads and tell us what you think in the comments section.

Final_bbw_campaign_Page_1


Final_bbw_campaign_Page_4

Final_bbw_campaign_Page_2
Final_bbw_campaign_Page_3

 

 Rachel Nagler leads communications for Bloomberg Businssweek

 

 

Posted by Bloomberg at 9:19 AMin Advertising, Media|Permalink|Comments (0)

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Bloomberg LINK China Conference

Bloomberg BlogBloomberg BlogHomeSubscribe Bloomberg LINK China Conference11/08/2011


Arculli_china conference_media
Photo by Bloomberg

Hong Kong Exchanges & Clearing Limited Chairman Ronald Arculli certainly caught the media's attention after speaking at the recent Bloomberg LINK China Conference in Hong Kong where more than 200 economists, investors, and academics gathered to discuss China's economy. (Bloomberg LINK produces invitation-only, in-person gatherings around the world that focus on financial topics across a variety of industries.)

During Mr. Arculli's panel, he discussed investing in Hong Kong and also looked at the rate of IPO's at the Hong Kong Exchanges & Clearing, saying it has a "strong" pipeline of more than 100 applications.

Other topics discussed at the event included China's balance of growth and inflation, the yuan's march to convertibility, the emerging dim-sum bond market, and the new leadership at the helm of China's financial regulatory bodies. Speakers also bet on the next hot spots in the country’s real estate market and examined investment opportunities as China’s appetite for commodities grows.

Key speakers at the event included Ronnie Chan, Hang Lung Group Limited & Hang Lung Properties Limited Chairman; Paul Mackel, HSBC Managing Director and Head of Asian Currency Research; and Steve Wang, BOCI Executive Director and Head of Fixed-Income Research.

To learn about future Bloomberg LINK events, visit www.bloomberglink.com.

Angela Martin leads communications for Bloomberg LINK

Posted by Bloomberg at 10:40 AMin Finance|Permalink|Comments (0)

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Friday, November 4, 2011

Bloomberg Enters Agreement to Acquire BNA

Bloomberg BlogBloomberg BlogHomeSubscribe Bloomberg Enters Agreement to Acquire BNA08/25/2011

Bloomberg and BNA issued the following press release today:  

BNA and Bloomberg

Bloomberg Enters Agreement to Acquire BNA

Combination Propels Bloomberg's Expansion into Legal Information Market and Enhances BNA through Bloomberg’s Data and Technology Expertise

Acquisition Increases Bloomberg’s Presence in Washington Market

 

NEW YORK and ARLINGTON, Va. - Bloomberg and BNA today announced that they have entered into an agreement for Bloomberg to acquire all of the outstanding shares of BNA for $39.50 per share in a cash tender offer followed by a merger for a total purchase price of approximately $990 million.  The transaction is expected to close in 2011. 

 

BNA, which is wholly owned by current and former employees, provides important legal, tax and regulatory research and analysis and would become a stand-alone subsidiary of Bloomberg. 

 

Together, Bloomberg and BNA would form a unique combination of premium content, deep subject matter expertise, proprietary data and world class technological capabilities to provide distinctive products and solutions for professionals and decision makers in law, government, business and finance.

 

This acquisition would immediately strengthen Bloomberg’s offerings in the legal information market by complementing Bloomberg Law -- the only legal research system that fully integrates primary research, dockets, company information and proprietary news -- with BNA’s trusted legal, tax and regulatory content.  

 

In addition, the combination would enhance Bloomberg’s coverage and analysis of tax and accounting, labor and employment, healthcare, intellectual property, and telecommunications issues.  

The acquisition would significantly grow Bloomberg’s presence in the Washington, DC area through its multiple operating units, Bloomberg News, Bloomberg Government, Bloomberg Law and BNA -- which would work together to provide unparalleled coverage and analysis of U.S. policy and regulatory issues for customers.    

 

"BNA’s employees have built a superior franchise and we are enthusiastic about a Bloomberg-BNA combination that will deliver more premium content to our professional audiences,” said Dan Doctoroff, CEO and President of Bloomberg.  “BNA research and analysis will make Bloomberg’s products even more valuable, and BNA would benefit from our data and technology expertise.”

 

“For more than eight decades, we have provided our subscribers with quality products that allow them to do their jobs more effectively and efficiently,” said Paul N. Wojcik, Chairman and CEO of BNA. “We believe this is the start of a new day, where we will join forces with Bloomberg to extend our premium content to an expanded audience.”

 

“Bloomberg and BNA share many of the same values, including a commitment to deliver high-quality content to customers, employing highly skilled and experienced workers and offering superior customer service,” said Peter Grauer, Chairman of Bloomberg.  “We look forward to welcoming them to the Bloomberg family.”

 

The tender offer is expected to commence by September 8, 2011.  The acquisition is subject to the terms and conditions set forth in the merger agreement, including a condition that at least a majority of the outstanding BNA Class A Shares are tendered, that the waiting period under the U.S. Hart-Rodino Antitrust Improvements Act of 1976, as amended, has expired or been terminated and other customary conditions.  If the tender offer is completed, untendered shares of BNA are expected to be converted in the subsequent merger into the right to receive the same US$39.50 per share price paid in the tender offer.

 

You can read the complete press release here: Download Press Release 

 

For more information on Bloomberg acquisition of BNA:  Download Q&A

 

Rick Powell is Bloomberg's Chief Communications Officer

Posted by Bloomberg at 10:06 AMin Current Affairs, Law, Media, News|Permalink|Comments (1)

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This is a great long term investment for Bloomberg. BNA provides great complimentary research for Bllomberg.
Brian R Callahan
Massachusetts

Posted by:Brian R. Callahan |08/25/2011 at 11:50 AM

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Thursday, November 3, 2011

Bloomberg Has a Role in "Margin Call"

Bloomberg BlogBloomberg BlogHomeSubscribe Bloomberg Has a Role in "Margin Call"10/25/2011

The Bloomberg Professional service (also known as the "Bloomberg Terminal") has a starring role in a current hit movie, "Margin Call" (at least WE think it's a starring role). Of course Kevin Spacey, Jeremy Irons, and Demi Moore don't have small parts either.

You may have seen the Bloomberg Professional service in movies before (HBO Film's "Too Big To Fail," 20th Century Fox's "A Good Year," The Weinstein Company's "I Don't Know How She Does It"), but it's always nice to see our pride and joy on the silver screen.

Grab some popcorn and enjoy the short trailer.

Posted by Bloomberg at 8:57 PMin Media|Permalink|Comments (0)

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Bloomberg Pushes Boundaries in Mobile Radio with New App for iPhone & iPod Touch

Bloomberg BlogBloomberg BlogHomeSubscribe Bloomberg Pushes Boundaries in Mobile Radio with New App for iPhone & iPod Touch09/18/2011

Radio+ screen shot Former President Bill Clinton; George Soros, the billionaire best known for breaking the Bank of England, George Papandreou, Prime Minister of Greece; and Christine Lagarde, Managing Director of the International Monetary Fund --They've all been guests on Bloomberg Radio, and now you'll be able to listen to them and others on your iPhone and iPod touch through a new app called Bloomberg Radio+ (Plus).

This is the first radio app where you can listen to some of the most preeminent minds in business and finance, and at the same time, be able to view real-time charts, get the latest market information and news, and access guest bios.

In addition to the live breaking financial and business news 24-hours per day, you'll be able to download a vast on-demand library of shows and interviews that you can listen to at your own convenience. (You can create your own personal playlist for offline listening.)

Check it out. It's currently available for free from the App Store on iPhone and iPod touch or here.

Oke Okaro is the general manager and global head of Bloomberg Mobile

 

Posted by Bloomberg at 9:00 PMin Media|Permalink|Comments (0)

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Bloomberg Uncovers the Fed's Secret Liquidity Lifelines

Bloomberg BlogBloomberg BlogHomeSubscribe Bloomberg Uncovers the Fed's Secret Liquidity Lifelines08/22/2011

Three years and 29,000 pages of Fed documents later, Bloomberg uncovered the who, what, when and a lot more in its investigation of the 21,000 loans to banks totaling as much as $1.2 trillion in public money.

I'll start by saying that Bloomberg was built on the core principle of transparency - fast access to information that could increase capital flow and economic growth. We also believe that the public has a right to know. (For a timeline of Bloomberg's lawsuit against the Fed, see below.)

You can check out our news stories, starting with how Morgan Stanley led banks tapping into fed money, on our Fed Loan Disclosure topic page. (They'll be more to come over the next couple of days.) And, of course, in the spirit of transparency, we've built an interactive data visualization that allows you to view all the numbers so you can answer questions like: What was the largest amount of money any one institution borrowed? Who took advantage of the programs for the longest amount of time? Which foreign institutions received funds?

 The visualization also lets you dive deep into each institution's history with the lending programs, or compare the borrowing habits of multiple institutions with each other. The data can be displayed and sorted based on a number of variables such as peak amount borrowed, average balances, location, or industry. One of the most noteworthy features is being able to look at what company executives were saying when the value of the loans were astronomical. Hypo Real Estate Holding AG, a German commercial property lender, is a good example. Look at what they said when they were borrowing about $21 million per employee.

 

Hypo chart 

 Timeline of Bloomberg's lawsuit against the Fed

 

- May 21, 2008:  Bloomberg files a Freedom of Information Act request. The Fed denies this request

-  Nov. 7, 2008:  Bloomberg files suit to require disclosure [Bloomberg LP v. Federal Reserve, U.S. District Court, Southern District of New York (Manhattan)].

-  Aug. 24, 2009:  Judge Loretta Preska rules that the Fed must disclose this information

-  Sept. 30, 2009: Fed appeals decision

-  Jan. 12, 2010: U.S. Court of Appeals hears oral arguments

-  March 19, 2010: Appeals court upholds Preska decision

 -  May 4, 2010: Fed and Clearing House ask full U.S. Court of Appeals to overturn Preska ruling

-  Aug. 23, 2010: Full appeals panel refuses to overturn Preska ruling

-  Aug. 27, 2010: Court of Appeals gives Federal Reserve 60 days to decide on taking the case to the Supreme Court

-  Oct. 26, 2010: Federal Reserve decides not to join the Clearing House Association in asking the Supreme Court to consider an appeal.

-  Feb. 19, 2011: U.S. Solicitor General recommends the Supreme Court reject the Clearing House's appeal.

-  March 21, 2011: Supreme Court rejects appeal and orders release of bank loan data

 

 

Meghan Womack, communications for Bloomberg News

Posted by Bloomberg at 10:31 AMin Finance, News|Permalink|Comments (4)

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Huge effort to slog through all that info and synthesize these take-aways. It's quite revealing what you found. And it's interesting that your first FIA request was in early 2008, long before the Lehman collapse. Congratulations. I too liked the interactive element.

Inder Singh, Vice President, Cisco

Posted by:Inder Singh |09/20/2011 at 09:26 PM

Nice and quite useful blog. Would like to say that stock market hardly gives any second chance. Once opportunity lost means it’s gone forever. Now the biggest question is how to grab trading opportunities every time we trade?
Well here comes the technical analyses handy. Just rely on research rather than your guts feeling and one should stop speculating in the Share market.
Follow few basic trading rules and we are sure one can earn huge amount in the Indian stock market only by trading in NSE and BSE

Posted by:buzzingstreet |09/12/2011 at 01:43 AM

Bloomberg rocks! Stick it to em!

Posted by:Michael Nishimura |09/07/2011 at 07:54 PM

Hello Meghan,

This is a great work by Bloomberg. I, for one, much appreciated. ;)
The interactive visualization is really good. ;)

Thanks again ;)

Posted by:John |08/23/2011 at 08:18 AM

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