|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||61.50 - 62.50|
|52-week range||49.90 - 75.78|
|Beta (5Y monthly)||0.41|
|PE ratio (TTM)||9.55|
|Forward dividend & yield||1.39 (2.24%)|
|Ex-dividend date||20 May 2020|
|1y target est||N/A|
Today we are going to look at Thomson Reuters Corporation (TSE:TRI) to see whether it might be an attractive...
Thomson Reuters (TRI) delivered earnings and revenue surprises of -4.00% and -1.45%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
The London Stock Exchange said it has no plans to change its targets for synergies from its planned $27 billion takeover of data and analytics company Refinitiv. "There are no plans to change anything in terms of target synergies," LSE Chief Executive David Schwimmer told an analyst conference call. Schwimmer said the recurring nature of Refinitiv's income is an "attractive element" that offers resiliency.
The London Stock Exchange said on Tuesday it was committed to completing its $27 billion takeover of data and analytics company Refinitiv in the second half of the year as coronavirus-related volatility in markets lifted first quarter income. Refinitiv is 45%-owned by Thomson Reuters, which owns Reuters News. European Union competition regulators had requested a delay on all filings from merger parties due to the coronavirus pandemic.
Thomson Reuters (TSX/NYSE: TRI) has acquired Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud, waste, and abuse in healthcare and large government programs.
European Union regulators have asked companies seeking to complete their desired mergers to delay submitting antitrust filings due to the coronavirus outbreak. Among the biggest is the London Stock Exchange's proposed acquisition of Refinitiv. European competition authorities were expected to rule on the deal "around the summer," an LSE board member said in January.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
ROME/MILAN, Feb 28 (Reuters) - Italy must block any attempt by the London Stock Exchange to break up the Milan Bourse as it seeks antitrust approval for its $27 billion acquisition of analytics company Refinitiv, a lawmaker from the ruling 5-Star Movement told Reuters on Friday. Davide Zanichelli of the lower house finance committee, said he had asked the government to clarify in parliament what it planned to do in order to protect the Milan bourse, which controls the domestic government bond trading platform MTS. Speculation about the LSE's plans for its Italian unit Borsa Italiana has grown since it announced last year that it planned to buy Refinitiv, in which Thomson Reuters, the parent of Reuters News, holds a 45% stake.
The London Stock Exchange Group said on Friday it would complete its $27 billion takeover of analytics company Refinitiv on time this year as it reported higher-than-expected annual income, driven a jump in clearing activity. "We remain on track to close the (Refinitiv) transaction in the second half of this year," said David Schwimmer, the former Goldman Sachs veteran who took over the reins at the LSE in 2018. Refinitiv is 45%-owned by Thomson Reuters, which owns Reuters News.
Last week, you might have seen that Thomson Reuters Corporation (TSE:TRI) released its full-year result to the market...
Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith. The parent of Reuters News also announced higher-than-expected fourth-quarter earnings, reporting a 60% year-on-year rise in operating profit, helped by lower costs and investments following the separation of the Financial and Risk (F&R) business. Hasker, 50, most recently a top executive at Hollywood talent agency CAA and a senior adviser to TPG Capital, will assume his new role on March 15, Thomson Reuters said.
Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith. Hasker, most recently a top executive at Hollywood talent agency CAA, will assume his new role on March 15, Thomson Reuters said. Smith, a former journalist who oversaw a period of major change at the company, will stay on for a transition period through 2020 and become chairman of the Thomson Reuters Foundation.
The appointment of Hasker, a senior adviser at private equity firm TPG and former McKinsey & Co media consultant, could be announced as soon as Tuesday, when the Toronto-based company reports its fourth-quarter results, one of the sources said. Two sources cautioned that his appointment had not been finalized and the timing of an announcement could be slightly delayed. Hasker, 50, did not respond to requests for comment.
European competition authorities are expected to rule on the London Stock Exchange's $27 billion takeover of data and analytics company Refinitiv "around the summer", an LSE board member said on Tuesday. "The Milan stock exchange is a strategic asset for LSE, it is not up for sale at the moment", LSE director Raffaele Jerusalmi, who is also the chief executive of Borsa Italiana, said on the sideline of an event in Milan.
London Stock Exchange shareholders overwhelmingly backed the exchange's $27 billion takeover of data and analytics company Refinitiv on Tuesday, a deal designed to broaden LSE's trading business and make it a major distributor of market data. LSE Chairman Don Robert told a shareholders meeting in London that the exchange's board was unanimous in recommending the Refinitiv deal because it was a "compelling opportunity" in the best interests of shareholders and the company. One shareholder asked whether the LSE was simply bulking up to avoid becoming a future takeover target.
Some Thomson Reuters Corporation (TSE:TRI) shareholders may be a little concerned to see that the Executive VP & CFO...
Thomson Reuters Corp , parent of Reuters News, reported higher-than-expected quarterly operating profit on Thursday and said it would raise its dividend payout ratio and buy back more shares. Chief Executive Jim Smith said the company had spent just over half the $2 billion it had set aside for acquisitions to expand its main divisions and would love to spend the rest. Operating profit rose to $262 million, or 27 cents a share, in the third quarter, from $173 million or 12 cents a share a year ago.
Thomson Reuters Corp is engaged in succession planning for Chief Executive Jim Smith as "a matter of good governance," the business information company said on Sunday. The company statement http://www.prnewswire.com/news-releases/thomson-reuters-statement-on-ceo-succession-planning-300941671.html came after the Financial Times reported Thomson Reuters had begun a search for a new chief executive. David Thomson, the company's chairman, said the board "is fully supportive of Jim Smith and his management team.
Jim Smith has been the CEO of Thomson Reuters Corporation (TSE:TRI) since 2012. First, this article will compare CEO...
A look at the shareholders of Thomson Reuters Corporation (TSE:TRI) can tell us which group is most powerful. Large...
A pool of ten investment banks working on the London Stock Exchange Group's $27 billion purchase of financial-data business Refinitiv could reap advisory fees of up to $100 million, according to industry estimates. The LSE said the transaction would be a "defining moment" in its history as it will transform the exchange operator into a major distributor as well as creator of market data competing with Michael Bloomberg's financial data empire. Investment bank boutiques have played a key role in engineering the deal.
Italian investment banker Matteo Canonaco brokered an introduction between David Craig, who at the time ran Thomson Reuters Corp's Financial and Risk division, the company that became Refinitiv last year, and Joseph Baratta, head of private equity at Blackstone Group Inc. The meeting would set in motion a sequence of events involving Blackstone, Refinitiv and LSE that led to a deal which was announced on Thursday. Craig and Canonaco, who now runs advisory firm Canson Capital Partners, pitched Baratta with an idea: The F&R unit would be better off split from Thomson Reuters, where the duo felt it was not getting enough investment, three sources with direct knowledge of the matter said.