Thomson Reuters Corp (TRI.TO) (TRI.N) on Wednesday reported a 2 percent rise in quarterly revenue and reaffirmed its 2018 forecast, saying it was on track for a “solid” year. Analysts had expected revenue of $1.31 billion (1 billion pounds) and earnings of 11 cents a share, according to Thomson Reuters I/B/E/S. Thomson Reuters reported a 6-percent decline in operating profit to $204 million, which it said was primarily due to costs and investments ahead of the planned sale of a majority stake in its Financial & Risk business to Blackstone Group LP (BX.N). …read more
Source:: Yahoo Finance
