Revenues Down at Thomson Financial
ORGANIZATION & STRATEGY
Thomson Financial announced last week a decline in revenues and cited the continued depressed market conditions.
Revenues for Thomson Financial, a division of Thomson Corp., declined five percent from $394 million in the third quarter of 2002 to $375 million in the third quarter of 2003. "Market conditions continue to affect Thomson Financial," says Robert Daleo, chief financial officer.
The revenue decline was mitigated by favorable foreign currency translation, says Daleo, who explains that
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