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Wednesday, November 25, 
12:31 am

Thomson Financial's new wire service

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If Reuters, Dow Jones and Bloomberg weren't enough wire services for financial professionals, it seems Thomson Financial believes another one is in order, according to The Financial Times. Since purchasing AFX for $20 million last year, Thomson has doubled the wire's staff to 500 reporters and opened bureaus throughout Europe. Thomson plans on rolling out the rebranded AFX in May. Although Thomson has hired additional reporters to compete with its rivals, buried at the bottom of the FT story is a mention of the service's plans to employ computers to write earnings stories. It should be interesting to compare the computer-generated stories with its rival human-generated copy. —Matthew Wurtzel

See story from The Financial Times via MSNBC

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