Market Upbeat on Reuters’ Q4 Decline
ORGANIZATION & STRATEGY
Reuters’ share price leaped by more than 13 percent last Thursday, Jan. 15 from £2.79 to £3.17 on the London Stock Exchange, following a statement by the vendor on its performance for the fourth quarter of last year.
Under a new practice of giving investors guidance on recurring revenues for a quarter before the full financial results for that quarter are disclosed, Reuters announced that cancellations for its subscription-based terminal products such as 3000 Xtra, Reuters Trader and
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