Delays Haunt Reuters, Adrs Drop Dealing 2000-2, No Early Bonanza
TECHNOLOGY
Delays came back to haunt Reuters Holdings PLC Tuesday, after analysts realized that the strong revenue growth they had been expecting from Reuters GLOBEX and Dealing 2000-2 transactional services is still a long way down the road.
Reuters' ADRs fell 10 points in over-the-counter trading on Tuesday to $56.25 after the company released first-half results. Profit before taxation was $290.7 million in the first half, compared with $237 million in the first half of 1989.
Although Reuters reported
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com