In 1996, The Thomson Corporation acquired West Publishing, a purveyor of legal research and solutions including Westlaw. In 1989, ITOL merged with Thomson Newspapers, forming The Thomson Corporation. The company at this time was known as the International Thomson Organisation Ltd (ITOL). In the 1970s, following the death of Thomson, the company withdrew from national newspapers and broadcast media, selling the Times, the Sunday Times and Scottish Television and instead moved into publishing, buying Sweet & Maxwell in 1988. He moved into the airline business in 1965, when he acquired Britannia Airways and into oil and gas exploration in 1971 when he participated in a consortium to exploit reserves in the North Sea. He separately acquired the Times in 1967. In 1959, he bought the Kemsley Group, a purchase that eventually gave him control of the Sunday Times. He consolidated his media position in Scotland in 1957 when he won the franchise for Scottish Television. In 1953, Thomson acquired the Scotsman newspaper and moved to Scotland the following year. More specifically, this could be Investment Managers allocating funds and benchmarking their portfolios Investment Bankers highlighting acquisition targets and opportunities for financial restructuring, or more generally corporates performing competitive analysis of their peers in the marketplace.The forerunner of the Thomson company was founded by Roy Thomson in 1934 in Ontario as the publisher of The Timmins Daily Press. TRBC is used primarily in the Financial Investment and Advisory space, where investors identify and select groups of comparable companies and look at trends. These classify companies on the basis of degree of impact on markets, rather than establishment-based classification systems such as the North American Industry Classification System(NAICS). TRBC is a market-based classification schema, similar to the GICS and ICB systems.
TRBC consists of 10 economic sectors, 25 business sectors, 52 industry groups and 124 industries.ĥ0102020 Oil & Gas Exploration and Productionĥ0102030 Oil & Gas Refining and Marketingĥ01030 Oil & Gas Related Equipment and Servicesĥ0103020 Oil-related Services and Equipmentĥ0103030 Oil & Gas Transportation Servicesĥ0104010 Renewable Energy Equipment & Servicesĥ1302010 Non-Paper Containers & Packagingĥ2102010 Industrial Machinery & Equipmentĥ2102030 Electrical Components & Equipmentĥ22020 Diversified Trading & Distributingĥ2202010 Diversified Trading & Distributingĥ2404010 Passenger Transportation, Ground & Seaĥ32030 Homebuilding & Construction Suppliesĥ3203020 Construction Supplies & Fittingsĥ3403010 Auto Vehicles, Parts & Service Retailersĥ3403020 Home Improvement Products & Services Retailersĥ3403050 Computer & Electronics Retailersĥ4 Non-Cyclical Consumer Goods & Servicesĥ420 Personal & Household Products & Servicesĥ42010 Personal & Household Products & Servicesĥ4301020 Food Distribution & Convenience Storesĥ51020 Investment Banking & Investment Servicesĥ5102010 Investment Banking & Brokerage Servicesĥ5102020 Investment Management & Fund Operatorsĥ5102050 Financial & Commodity Market Operatorsĥ5402010 Real Estate Development & Operationsĥ6101020 Medical Equipment, Supplies & Distributionĥ6102010 Healthcare Facilities & Servicesĥ6201030 Generic & Specialty Pharmaceuticalsĥ6202010 Biotechnology & Medical Researchĥ71010 Semiconductors & Semiconductor Equipmentĥ7101020 Semiconductor Equipment & Testingĥ8101010 Integrated Telecommunications Servicesĥ8101020 Wireless Telecommunications Services Each company is allocated an Industry, which falls under an Industry group, then Business Sector, which is then part of an overall economic sector. The classification consists of four levels of hierarchical structure.
TRBC covers over 70,000 public companies from 130 countries and provides over 10 years of classification history.
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