Reuters Boasts Strong H1 Results
FRONT PAGE: ORGANIZATION & STRATEGY
Reuters last week announced a 12 percent increase in revenue for the first half of 2006 due to last year's acquisition of Telerate as well as a price increase and product sales.
Total revenue amounted to £1.277 billion compared to £1.139 billion for the same period ending June 30, 2005.
While the Telerate acquisition added four percentage points of revenue growth in the first half, Reuters expects the Telerate revenue to decline in the second half as Telerate customers drop positions that they
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