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NEW YORK (AP) — Thomson Reuters reported a large fourth-quarter loss on Thursday, weighed down by a $3 billion charge related to the declining value of its financial services business, which accounts for more than half of its revenue. The company lost $2
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By Tess Stynes Thomson Reuters Corp. swung to a loss on a huge $3.01 billion write-down related to its financial services business, though top- and bottom-line results improved at both its market and professional divisions.The financial data and news pro
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Thomson Reuters CEO Tom Glocer attends the eG8 forum in Paris in this May 24, 2011 file photo. Thomson Reuters said Glocer is stepping down on January 1, 2012 and will be replaced by Chief Operating Officer James Smith. View Photo »
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We expect the benefit of these changes will improve sales performance in 2012 and benefit 2013 revenue growth
– Thomas H. Glocer SOURCE: Winnipeg Free Press -
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Thomson Reuters Corp reported a fourth-quarter loss on Thursday after taking a USD 3 billion non-cash goodwill impairment charge to acco
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* $3 bln noncash charge for goodwill impairment * Sees 2012 revenue growth in low single digits NEW YORK, Feb 9 (Reuters) - Thomson Reuters Corp reported a fourth-quarter loss on Thursday after taking a $3 billion non-cash goodwill impairment charge to a
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Thomson Reuters' health care division is based at the former 777 building on Eisenhower Parkway. The company's health care business employs between 800 and 900 workers at the former 777 building on Eisenhower Parkway. Its tax and accounting operation in
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Reuters Chief Executive Tom Glocer speaks during a presentation to financial analysts marking the release of preliminary results at the Reuters building at Canary Wharf in London in this February 23, 2006 file photo. Thomson Reuters said Glocer is... View Photo »
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By the end of this year, the organizational, strategy and budget work I have been leading will be complete, and the transition plan I launched last summer will have achieved its objectives ... Jim Smith is a very talented executive with whom I have worked closely over the past four years; he is ready to...
– Thomas H. Glocer SOURCE: Globe and Mail -
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Thomson Reuters Corp. (TRI), the financial news and information provider, has offered to settle a European Union antitrust probe by making it easier for customers to switch suppliers of financial market data. The European Commission said Thomson Reuters
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IN SEVEN years as head of Reuters, Tom Glocer brought the British-based news agency from the verge of bankruptcy to a state of rude health. But he has done less well as chief executive of Thomson Reuters, the company created when Thomson, a Canadian purv
About Thomas H. Glocer
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Reuters Chief Executive Tom Glocer speaks during a presentation to financial analysts marking the release of preliminary results at the Reuters building at Canary Wharf in London in this February 23, 2006 file photo. Thomson Reuters said Glocer is stepping down on January 1, 2012 and...
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Tom Glocer, Chief Executive Officer of Thomson Reuters, speaks during the Atlantic Council conference on "The Financial Crisis: Lessons Learned from Canada and the Way Forward" at the Canadian Embassy in Washington November 16, 2011.
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Thomson Reuters CEO Tom Glocer introduces International Monetary Fund (IMF) Managing Director Christine Lagarde before she speaks at the Council on Foreign Relations forum in New York July 26, 2011.
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Thomson Reuters CEO Tom Glocer (R) smiles with International Monetary Fund (IMF) Managing Director Christine Lagarde at the Council on Foreign Relations forum in New York July 26, 2011.
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Thomson Reuters CEO Tom Glocer (R) asks a question to International Monetary Fund (IMF) Managing Director Christine Lagarde during the Council on Foreign Relations forum in New York July 26, 2011.
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Thomson Reuters CEO Tom Glocer attends the eG8 forum in Paris May 24, 2011. The eG8 forum gathered "leaders of the Internet" to consider and discuss the future of the Internet and society.
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Thomson Reuters CEO Tom Glocer (R) and Alcatel-Lucent CEO Ben Verwaayen arrive at the Elysee Palace for a lunch with France's President Nicolas Sarkozy during the eG8 forum in Paris May 24, 2011. The eG8 forum will gather "leaders of the Internet" to consider and discuss the future of...
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Leaders of the internet sector participating in the e-G8 forum arrive at the presidential Elysee palace for a working lunch with France's President Nicolas Sarkozy on May 24, 2011 in Paris. Maurice Levy Publicis CEO (4thL), Bharti Enterprises CEO, Sunil Bharti Mittal (5thL), Thomson...
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Thomson Reuters Chairman David Thomson steps down from the podium as Chief Executive Officer Thomas Glocer (R) gets up to speak at their Annual Meeting of Shareholders in Toronto, May 3, 2011.
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Thomson Reuters CEO Thomas Glocer speaks at their Annual Meeting of Shareholders in Toronto, May 3, 2011.
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Thomson Reuters CEO Thomas Glocer speaks as Chairman David Thomson (L) looks on at their Annual Meeting of Shareholders in Toronto, May 3, 2011.
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AP Photo
Thomson Reuters CEO Thomas Glocer, right, speaks as Chairman David Thomson looks on during the company's Annual Meeting of Shareholders in Toronto, May 3, 2011.
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AP Photo
FILE - In this May 3, 2011 file photo, Thomson Reuters CEO Thomas Glocer, right, speaks as Chairman David Thomson looks on in Toronto, May 3, 2011. Glocer is stepping down as CEO of Thomson Reuters Corp. Thursday, Dec. 1, 2011, after a decade-long run as boss of the embattled global...
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Thomson Reuters new Chief Operating Officer Jim Smith is seen in this undated file photo. Thomson Reuters Corp said Chief Executive Tom Glocer is stepping down on January 1, 2012 and will be replaced by Smith.
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Thomson Reuters Chief Executive Officer Thomas Glocer gestures at the TD Securities Telecom and Media Forum in Toronto, June 9, 2011.
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Alcatel-Lucent Chief Executive Officer Ben Verwaayen (L) and Thomson Reuters Chief Executive Officer Tom Glocer arrive at the Elysee Palace for lunch with France's President Nicolas Sarkozy as part of the eG8 Forum in Paris May 24, 2011. The eG8 forum gathers "leaders of the Internet"...
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Thomson Reuters Chairman David Thomson (L) shakes hands with CEO Thomas Glocer as Member of the Board of Directors Steven Denning (C) looks on at their Annual Meeting of Shareholders in Toronto, May 3, 2011.
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Thomson Reuters new COO Jim Smith is seen in this undated file photo. Thomson Reuters Corp on September 28, 2011, named Smith as chief operating officer and said it would merge its two main divisions, Markets and Professional, as it streamlines to better compete in tough financial markets.
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Reuters Pictures
Reuters Chief Executive Tom Glocer speaks during a presentation to financial analysts marking the release of preliminary results at the Reuters building at Canary Wharf in London in this February 23, 2006 file photo. Thomson Reuters said Glocer is stepping down on January 1, 2012 and...
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