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Thomson Reuters upgrades its revenue forecasts on buoyant markets division

September 4, 2021

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoverySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm News and data provider Thomson Reuters yesterday raised its full-year revenue forecast after third-quarter revenue in its Markets division, which serves banks and other financial institutions, rose for the first time in nearly two years.The results suggest the company’s customers, which also include legal and healthcare professionals, are recovering from the recession that caused widespread cost cuts and layoffs.Thomson Reuters said it expected 2010 revenue to be flat to slightly up, rather than flat to slightly down as it had previously forecast. It continues to expect net sales to be positive for both of its main divisions this year.Underlying operating profit fell four per cent to $681m (£428m) in the quarter, mainly due to investment in new products, causing the operating profit margin to slip slightly to 21 per cent.Thomson Reuters has invested $1bn in initiatives including online financial video news service Reuters Insider and Eikon, a desktop trading terminal that it sells to financial professionals.Adjusted earnings per share rose to 49 cents from 43 cents a year earlier because of lower integration costs related to Thomson Corp’s purchase of Reuters Group in 2008.Thomson Reuters said revenue from ongoing businesses was $3.256bn in the quarter, up three per cent from a year earlier, excluding currency adjustments. Thomson Reuters upgrades its revenue forecasts on buoyant markets division KCS-content whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼center_img Tags: NULL whatsapp Thursday 28 October 2010 7:47 pm Sharelast_img

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