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Thomson Reuters Corp (TRI.TO)

TRI.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Thomson Reuters launches Thomson Reuters Labs in Cape Town
Thursday, 13 Oct 2016 11:00pm EDT 

Thomson Reuters Corp :Says Thomson Reuters announced launch of Thomson Reuters Labs in Cape Town.  Full Article

Thomson Reuters Private Equity, Venture Capital indices report September 2016 returns
Tuesday, 11 Oct 2016 06:30am EDT 

Thomson Reuters Corp :Thomson Reuters Private Equity Buyout Index and Thomson Reuters Venture Capital Index returned +0.19% and +2.86% in September, respectively.  Full Article

Thomson Reuters to create new technology centre in Toronto
Friday, 7 Oct 2016 06:00am EDT 

Thomson Reuters Corp : Announced expansion of its Canadian operations with creation of a new technology centre in downtown Toronto .Chief executive Jim Smith and chief financial officer Stephane Bello will be relocating to Toronto in 2017.  Full Article

Thomson Reuters closes sale of IP & science business for $3.55 bln
Monday, 3 Oct 2016 04:30pm EDT 

Thomson Reuters Corp :Thomson Reuters closes sale of intellectual property & science business for $3.55 billion.  Full Article

Thomson Reuters Corp to buy up to 6.5 mln shares through private agreements
Friday, 23 Sep 2016 04:15pm EDT 

Thomson Reuters Corp : Thomson Reuters intends to purchase up to 6.5 million shares through private agreements . Purchases will be part of previously announced buyback program .To purchase up to 6.5 million of its common shares through private agreements with two arm's-length third-party sellers.  Full Article

Thomson Reuters Corp says Reuters collaborates with Graphiq
Tuesday, 30 Aug 2016 10:00am EDT 

Thomson Reuters Corp :Reuters collaborates with Graphiq to provide publishers access to increased data-driven interactive visualizations.  Full Article

Thomson Reuters Q2 adjusted earnings per share $0.50
Thursday, 28 Jul 2016 06:50am EDT 

Thomson Reuters : Thomson Reuters reports second-quarter 2016 results . Q2 IFRS earnings per share $0.39 . Re-affirmed its 2016 full-year outlook . Q2 adjusted earnings per share $0.50 . In 2016 expects adjusted EBITDA margin to range between 27.3 percent and 28.3 percent, before currency . Quarterly revenue from Financial & Risk business $1.52 billion, down 1 percent before currency . In 2016 expects free cash flow to range between $1.7 billion and $1.9 billion, before currency . Quarterly revenue from legal business $846 million, up 1 percent before currency . CEO James Smith says "we are tracking to our full year target" . In F&R unit annual price increase & positive net sales trend offset by lower revenue resulting from pricing adjustments and macro-economic conditions . Quarterly revenue from corporate & other (includes Reuters news) business $79 million, up 7 percent before currency . Financial & Risk unit transaction volumes were muted in advance of British referendum on June 23 on EU membership . In 2016 expects low single-digit revenue growth, before currency . CEO James Smith says in Q2 saw a challenging backdrop and turbulent market conditions for many of co's largest customers . Quarterly non-IFRS revenue $2.77 billion, flat before currency . In 2016 expects underlying operating profit margin to range between 18.4 percent and 19.4 percent, before currency . Says Q2 F&R unit recurring revenue was unchanged versus last year.  Full Article

Thomson Reuters to sell IP & Science unit to Onex, Baring Asia for $3.55 bln
Monday, 11 Jul 2016 06:30am EDT 

Thomson Reuters Corp : Announces definitive agreement to sell its Intellectual Property & Science business to Onex and Baring Asia for $3.55 billion . Expects to use about $1 billion of net proceeds to buy back shares and balance to pay down debt and reinvest in business . Guggenheim Securities, LLC and J.P. Morgan Securities LLC are acting as financial advisors to Thomson Reuters for proposed divestiture . Sale is not subject to any financing condition . Any share buybacks from net proceeds will be part of previously announced $1.5 billion share buyback program . Onex and Baring Asia have obtained debt and equity commitments for transaction .Allen & Overy LLP is acting as legal counsel for Thomson Reuters.  Full Article

Onex and Baring Asia to acquire Thomson Reuters' Intellectual Property & Science business for $3.55 bln
Monday, 11 Jul 2016 06:30am EDT 

Onex Corp : Onex and Baring Asia to acquire Thomson Reuters' Intellectual Property & Science business for $3.55 billion . Transaction is expected to be funded with an equity investment of approximately $1.6 billion for 100% ownership of IP&S . Onex' portion of equity investment will be made by Onex Partners IV and certain limited partners as co-investors, including Onex . Latham & Watkins Llp is serving as legal advisor to Onex and Baring Asia on transaction .Onex' portion of equity investment approximately $1.2 billion.  Full Article

Thomson Reuters renews NCIB, may repurchase up to 37.5 mln shares
Tuesday, 24 May 2016 04:30pm EDT 

Thomson Reuters Corp: Thomson Reuters announces annual renewal of normal course issuer bid .Under renewed NCIB, up to 37.5 million common shares may be repurchased between May 30, 2016 and May 29, 2017.  Full Article

Photo

New Reuters Pictures Leadership

Today, Reuters Global Head of Video, Pictures and S.L.E. John Pullman announced new leadership of the Reuters Pictures team. Rickey Rogers has been named Global Head of Reuters Pictures, and Yannis Behrakis takes on the newly-created position of Senior Editor, Special Projects. Read more below: