<< Read Full Article

Reuters' Slide Worsens

 

The news keeps getting worse for Reuters(RTRSY Quote), once the leader of the financial publishing world.

On Tuesday the British-based company warned that its sales in the first half of this year would slide by about 9% because of weakened demand for its financial news and information system.

The financial publishing giant also posted a loss of $630 million for 2002, making Reuters as much a victim of the long bear market as any Wall Street brokerage firm. The company had a slim profit in 2001. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,344.84 1,095.63 2,144.60 32.01
Oil *
79.09
UP
34.92
UP
4.14
UP
6.16
DOWN
0.30
10 Yr
3.20%
SPDR Gold
115.65
+0.34%
+0.38%
+0.29%
-0.93%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services