Upbeat 2003 for Reuters, SunGard, eSpeed
VENDOR UPDATE
LONDON--Reuters CEO Tom Glocer has "absolutely no intention of taking my foot off the gas," in terms of his cost-cutting efforts to turn around Reuters even as the markets and Reuters’ fortunes improve.
Suggesting that a recovery is under way, SunGard and eSpeed also recently reported upbeat financials.
Reuters last week detailed a full-year profitability for 2003 of £95 million ($169.1 million). This occurred even after the acquisitions of research portal Multex and foreign exchange (FX)
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