Thomson Reuters is to sell its Enterprise Risk and Portia businesses. Both of these transactions are expected to close in the second half of 2011.
The announcement was made when the company reported results for the first quarter ended March 31, 2011.
Summary of the results:
- Revenues of $3.2 billion, a 5% increase before currency
- Underlying operating profit of $556 million, up 1% (8% before one-time charges)
- Underlying operating profit margin was 17.2% (18.4% before one-time charges)
- Adjusted earnings per share were $0.39 ($0.42 before one-time charges) vs. $0.36 in first quarter 2010
UK, London & USA, New York, NY
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- Thomson Reuters acquires LRP Publications’ Public Employment Group and Bankruptcy/Banking Products Group. Posted on January 13, 2011
- Thomson Reuters Acquires Pangea3 Posted on November 19, 2010
- Thomson Reuters acquires Highline Financial Posted on November 2, 2010
- Thomson Reuters acquires Healthcare Data Management Posted on September 1, 2010
- Thomson Reuters has acquired Brazil Publishing House Revista dos Tribunais Posted June 8, 2010
- Thomson Reuters has acquired UAE legislation Library from Affinitext for $10 million Posted on June 8, 2010
- Thomson Reuters to Acquire Complinet Posted on June 3, 2010
- Thomson Reuters acquires Point Carbon Posted on May 27, 2010
- Thomson Reuters acquires Discovery Logic Posted on January 5, 2010
- Thomson Reuters Completes Acquisition of Breakingviews Posted on December 3, 2009
- Thomson Reuters to Acquire Sabrix Posted on November 17, 2009
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