BRIEF OBJECTS

BRIEF OBJECTS

REUTERS' EARNINGS FOR Q1 UP TWO PER CENT

Last week, Reuters released its first quarter earnings for 1998, showing an underlying growth rate of seven per cent in its core information products business with revenues of £453 million ($758 million), compared with £445 million ($744 million) for the first quarter of 1997. However, the impact of the strong pound reduced the real growth rate to two per cent. Recurring revenues, the closest representation of its market data services that is published by

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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