Reuters And Telerate Report First-Half Growth, But Renfrew Warns Of Second-Half Cuts In Reuters Marketing
THIS MONTH'S LEAD STORIES
Reuters Holdings PLC and Telerate, Inc. each reported gains in operating income of about 30 percent over the first six months of 1988. Telerate's revenue was up 40 percent, to $214 million, while Reuters's sales were up 18 percent, to 471 million pounds sterling.
Telerate's first-half net income was $47 million ($.50/share), up 43 percent from $32.8 million ($.35/share) in the first half of 1987. Reuters's net was 63.4 million pounds sterling ($.77/ADS), up 23 percent from 51 million pounds ($
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com