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Thomson Reuters Corp. (1 results)
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- UBS Analyst Cuts Thomson Reuters' Price Target
- FP Trading Desk submits: Thomson Reuters Corp. TRI investors should hold off for the time being, says UBS analyst Jeffrey Fan, on expectations that the company's Markets division will see dwindling revenues starting in the fourth quarter. In a note to clients, Mr. Fan said: by FP Trading Desk
- External links 2008-07-16
- Thomson Reuters: Buyback to Focus on Discounted London Shares
- FP Trading Desk submits: On Wednesday, Thomson Reuters Corp. TRI received approval from the Toronto Stock Exchange to renew its ongoing C$500-million share buyback program and allow it to purchase shares on both its North American and London listings. The two sets of shares are not transferable and the...
- External links 2008-06-06
- Thomson Reuters Investment and Advisory Chief Quits
- NEW YORK (Reuters UK) - Thomson Reuters Corp's TRITRILTRI investment and advisory business chief is leaving the global business information publisher to join a unit of the Daily Mail and General Trust DMGOa. Suresh Kavan will become chief executive of DMG Information, according to a...
- News items 2008-07-01
- Auto Insurer Progressive Posts Drop in Earnings
- NEW YORK (Reuters) - Auto insurer Progressive Corp. PGR on Thursday reported a drop in second-quarter net income as it absorbed higher claims from natural catastrophes and wrote off $40.8 million in investments. The third-largest auto insurer in the United States said ...
- News items 2008-07-10
- Markit BOAT Top For Europe Equity Reporting
- By Daisy Ku LONDON (Reuters UK) - Markit BOAT, a new equity trade reporting venture, beat Deutsche Boerse and the London Stock Exchange to be Europe's top equities reporting venue in May, a Thomson Reuters study showed on Wednesday. Markit BOAT captured a 22 percent share...
- News items 2008-06-24
- Fewer Venture Funds Raise More Money in Q2
- Research Recap submits: Despite the current credit crunch, economic weakness and a difficult exit environment, the flow of funds into US venture capital funds remained healthy in the second quarter. According to Thomson Reuters and the National Venture Capital Association NVCA , 71 capital funds raised $9.1...
- External links 2008-07-15
- Merrill Nears Deal to Sell Bloomberg Stake: Report
- NEW YORK (Reuters) - Merrill Lynch & Co MER may sell its 20 percent stake in financial news and data provider Bloomberg LP to a blind trust controlled by New York City Mayor Michael Bloomberg, The New York Post reported on Friday. Details...
- News items 2008-07-04
- U.S. M&A Slumps, But Strategic Deals Help Fill Void
- By Jessica Hall PHILADELPHIA (Reuters) - Merger activity in the United States dropped 29 percent in the second quarter, faring better than the 40 percent global slump, as corporations filled the void left by buyout firms and targeted big consumer brands such ...
- News items 2008-06-26
- Rockwell Collins Quarterly Profit Rises 19 Percent
- NEW YORK (Reuters) - Aerospace electronics company Rockwell Collins Inc COL reported a 19 percent rise in quarterly profit on Friday, helped by expanding margins in its government and commercial businesses. The company, which supplies Boeing Co BA, Airbus parent EADS...
- News items 2008-07-11
- Tech Earnings Growth Running Out of Steam
- By Jim Finkle BOSTON (Reuters) - U.S. technology companies have posted stronger quarterly profit growth than any sector except for oil, but investors fear that cracks are emerging as clients in troubled industries like finance, retail and construction reduce IT spending....
- News items 2008-07-10
- Global Equity Issuance Rebounds
- By Daisy Ku LONDON (Reuters UK) - Global equity capital markets activity rebounded in the second quarter as financial institutions scrambled to raise capital, but the bleak economic outlook means bankers are cautious for the second half, according to Thomson Reuters data release on Friday....
- News items 2008-06-26
- Global 2nd-qtr Equity Issuance Rebounds; Outlook Bleak
- By Daisy Ku LONDON (Reuters) - Global equity capital markets activity rebounded in the second quarter as financial institutions scrambled to raise capital, but the bleak economic outlook means bankers are cautious for the second half, according to Thomson Reuters data...
- News items 2008-06-26
- Bloomberg Reorganizes News Operation and Management
- By Robert MacMillan NEW YORK (Reuters) - Financial news and data company Bloomberg LP is creating several new units as part of a reorganization that includes a shuffling of top management. A new multimedia operation will include Bloomberg's Internet, television and radio news...
- News items 2008-07-09
- Wal-Mart June Sales Up; Raises Earnings Forecast
- NEW YORK (Reuters) - Wal-Mart Stores Inc WMT on Thursday reported a 5.8 percent rise in June sales at U.S. stores open at least a year, beating Wall Street estimates, and the discount retailer raised its second-quarter earnings forecast. Analysts, on...
- News items 2008-07-10
- Merrill to Base Asset Sales on Second-quarter Loss
- By Dan Wilchins NEW YORK (Reuters) - Merrill Lynch & Co MER will determine how much of its stakes in BlackRock Inc BLK and Bloomberg LP to sell based on the size of its second-quarter loss, a person briefed on the matter said...
- News items 2008-07-09
- Global M&A Drops 35 Pct to $1.6 Trillion in H1: Thomson
- By Mathieu Robbins LONDON (Reuters) - Mergers and acquisitions bankers are bracing for more job cuts as volumes fail to recover from their first-quarter tumble, according to preliminary Thomson Reuters numbers released on Friday, and the outlook remains bleak for the...
- News items 2008-06-26
- Goldman Adds Mittal to Board and New "hurdles"
- By Joseph A. Giannone NEW YORK (Reuters UK) - Goldman Sachs Group GS said on Sunday it had added ArcelorMittal SA ISPA Chairman Lakshmi Mittal to its board, gaining the help of one of the world's richest men but also creating hurdles for its bankers to...
- News items 2008-06-30
- U.S. Buyout Shops Team Up For China's Huawei Unit
- By Michael Flaherty HONG KONG (Reuters) - Private equity firms Silver Lake and Providence Equity Partners have teamed up to bid for a stake in a unit of China's Huawei Technologies, sources involved in the process said on Monday, in a deal that...
- News items 2008-07-21
- Department Stores Lead Sales Declines Among Retailers
- By Erin Zureick CHICAGO (Reuters) - Department stores posted disappointing June same-store sales results on Thursday, hurt by slow mall traffic and consumers looking to cut discretionary purchases, and shares of the companies fell. Department stores were the worst-performing sub-sector of ...
- News items 2008-07-10
- More on RIM's Moat: Launches BlackBerry Bold; App Developer Fund
- Business people can be hip too. That appears to be the message from Research in Motion and its motives behind its new BlackBerry Bold smartphone. There's definitely a hint of some iPhone envy here, but the device isn't a direct competitor. From the statement (Matthew Miller's take,...
- Blog posts 2008-05-12
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