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January 25, 2010
Thomson Reuters extends ‘machine readable news’ service
...technology is set to intensify this week as Thomson Reuters, the news and market data company...news” services, such as the new Thomson Reuters product, have grown up in parallel with...are used to drive their strategies.Thomson Reuters in 2007 bought ClearForest... By Jeremy Grant in London
December 4, 2009
Thomson Reuters to overhaul news website
...wider range of content from the former Thomson Corp professional businesses. The new Reuters.com could also pave the way for the...head of consumer publishing for Thomson Reuters, told the FT. “This is designed to...the group’s legal, healthcare, tax and accounting and financial divisions. “Part... By Andrew Edgecliffe-Johnson in New York
February 9, 2010
Xstrata to resume dividends
...and prices, although it said second-half sales and production had been strong as market conditions improved.Pre-tax profits fell from £5.17bn to £1.53bn ($2.39bn), a decline of 70 per cent.Attributable profit - a net profit...per cent to $2.773bn after excluding exceptional items, in line with the consensus forecast of analysts surveyed by Thomson Reuters.Statutory sales fell 19 per cent to $22.73bn. Diluted earnings per share were 88 per cent lower at 25 cents. Net... By Adam Jones in London
February 8, 2010
Corporate Diary
...last year pushed the company to a pre-tax loss. The unit made over-optimistic...on the same time last year, and pre-tax profit of £188m, up 62 per cent...the fourth quarter.Analysts polled by Thomson Reuters are forecasting full-year revenues of $3.75bn, with pre-tax profits of $739m and earnings per share... By Alistair Gray, Hannah Kuchler, John O'Doherty, Andrew Parker and Haig Simonian
February 8, 2010
Xstrata resumes pay-out after 19 months
...a-half. Xstrata 2009 full-year results Sales Pre-tax profit Earnings per share Dividend $22.73bn $1.53bn $0...production had been strong as market conditions improved.Pre-tax profits fell from £5.17bn to £1.53bn, a decline of 70...in line with the consensus forecast of analysts surveyed by Thomson Reuters I/B/E/S.Statutory sales fell 19 per cent to $22... By Adam Jones
January 28, 2010
Regulators are champions of XBRL
...Tilbury, business development manager at Thomson Reuters, “XBRL has been a solution looking...the US regulator), and HMRC (the UK tax authority), realised that they could...to file their financial statements or tax returns in XBRL format.XBRL assumptions...Young. In the UK, all corporation tax returns with the relevant accounts and...says Ken Williamson, head of financial accounting advisory services for Ernst & Young... By Robert Bruce
September 14, 2009
Abacus joins the Thomson Reuters stable
...to use the Abacus software under licence but Thomson Reuters would market it to competitors "aggressively", said Roy Martin, chief executive of Thomson Reuters Tax & Accounting. Mr Martin told the Financial Times that the... By Andrew Edgecliffe- Johnson in New York
September 13, 2009
Thomson expands in tax software with Abacus
...use the Abacus software under licence – but Thomson Reuters would “aggressively” market it to competitors, said Roy Martin, chief executive of Thomson Reuters Tax & Accounting. Mr Martin told the Financial Times the convergence... By Andrew Edgecliffe-Johnson in New York
June 22, 2009
Thomson Reuters close to ending London listing
...the venerable UK legal publisher. Thomson Reuters could however save about $10m in accounting, legal and other costs associated...part offset any flow-back issues. Thomson Reuters needs 75 per cent majority approval...arrangement, in a manner designed to avoid tax penalties for shareholders, and should... By Andrew Edgecliffe-Johnson in New York
February 7, 2010
IPOs hit by market volatility
...since.However, IPO companies are up an average 7.6 per cent from their offer price for the year, according to data from Thomson Reuters. The data showed Chinese IPOs were up 9.9 per cent this year and South Korean offerings up 7.4 per cent.However... By Lina Saigol, Kate Burgess and Miles Johnson in London