International Business News - Thomson http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Thomson Reuters Corp.'s stock climbed Monday as an analyst upgraded the company partly on the appealing entry point its sagging share price provides. Drew McReynolds of RBC Capital Markets raised his rating of the provider of financial news and professional information to "Outperform" from "Sector Perform," saying that the upgrade reflects the stock's recent sharp retreat. Thomson Reuters shares are down 40 percent since closing at $33.66 on Sept. 2. http://www.ibtimes.com/articles/20081124/thomson-reuters-rises-as-analyst-boosts-rating.htm Mon, 24 Nov 2008 12:06:52 EST Thomson Reuters Corp. reported sharply lower third-quarter earnings Wednesday compared with the same period a year ago, which included gains from an asset sale. Operating profit rose 33 percent, assuming the acquisition of Reuters had already been in place last year. http://www.ibtimes.com/articles/20081112/thomson-reuters-reports-lower-3q-earnings.htm Wed, 12 Nov 2008 19:49:56 EST Thomson Reuters Corp., a provider of financial news and professional information, reports earnings for the third quarter before the market opens Wednesday. The following is a summary of key developments and analysts' opinions related to the period. http://www.ibtimes.com/articles/20081110/earnings-preview-thomson-reuters-reports-wed.htm Mon, 10 Nov 2008 13:43:57 EST Exxon Mobil Corp. and Alaska officials are trying to settle a complex lawsuit over a North Slope natural gas field deemed essential to a successful 1,170-mile pipeline project. http://www.ibtimes.com/articles/20081021/alaska-exxon-mobil-work-to-resolve-lease-dispute.htm Tue, 21 Oct 2008 11:13:46 EDT Moody's Investor's Service on Monday revised the outlook on its "B1" corporate family rating for Thomson SA to "Negative" from "Stable," citing a steep drop in the French electronics maker's third-quarter sales. http://www.ibtimes.com/articles/20081020/moodys-revises-thomson-sa-outlook-to-negative.htm Mon, 20 Oct 2008 14:21:53 EDT Financial news information provider Thomson Reuters Corp. and derivatives exchange operator CME Group said Friday they will close their FXMarketSpace joint venture in October. http://www.ibtimes.com/articles/20081010/cme-thomson-reuters-to-shutter-fxmarketspace.htm Fri, 10 Oct 2008 11:09:21 EDT Exxon Mobil says it has completed the initial barging of equipment and supplies to support its plan to drill for natural gas in Point Thomson on the North Slope of Alaska. http://www.ibtimes.com/articles/20080829/exxon-mobil-proceeds-with-alaska-gas-plan.htm Fri, 29 Aug 2008 10:34:07 EDT Among the earnings stories for Tuesday, Aug. 12, from AP Financial News: NEW YORK (AP)--Thomson Reuters says second-quarter earnings fell 54 percent as costs to buy and integrate Reuters cut into profit. http://www.ibtimes.com/articles/20080812/earnings-roundup-thomson-reuters-icahn-enterprises.htm Tue, 12 Aug 2008 10:14:51 EDT Thomson Reuters said second-quarter earnings fell 54 percent as costs to buy and integrate Reuters cut into profit. Results that treat Thomson Reuters as if the acquisition happened a year ago rose sharply, on higher revenue from information services to professionals and lower operating costs. http://www.ibtimes.com/articles/20080812/thomson-reuters-2q-profit-slides-54-percent.htm Tue, 12 Aug 2008 12:20:19 EDT Thomson Reuters Corp. has overhauled its instant messaging service to avoid a communications breakdown that threatened to alienate brokerages and banks that rely on the system to complete stock trades and exchange other sensitive information. http://www.ibtimes.com/data/articleimgs/100390-thomson-reuters-instant-messaging.jpg http://www.ibtimes.com/articles/20080730/reuters-loses-right-to-use-crucial-im-technology.htm http://www.ibtimes.com/articles/20080730/reuters-loses-right-to-use-crucial-im-technology.htm Wed, 30 Jul 2008 16:55:45 EDT Thomson Reuters Corp. must remove a crucial layer of software from its instant messaging service beginning Friday under a federal court order that threatens to disrupt communications within dozens of stock brokerages and banks. http://www.ibtimes.com/articles/20080729/reuters-loses-right-to-use-crucial-im-technology.htm Tue, 29 Jul 2008 22:40:23 EDT Exxon Mobil Corp. has hired contractors with plans to begin work on an oil and gas field the state of Alaska wants to take back. The state's Department of Natural Resources rejected Exxon Mobil's most recent development plan for the Point Thomson field. The dispute is still in court, but the Irving, Texas, company announced Monday it's still moving forward with work. http://www.ibtimes.com/articles/20080715/exxon-moves-ahead-with-disputed-alaskan-gas-field.htm Tue, 15 Jul 2008 11:27:26 EDT A federal appellate court in Philadelphia on Monday overturned a jury's finding that Thomson Reuters Corp. infringed a patent for trading municipal bonds in Internet auctions. http://www.ibtimes.com/articles/20080714/thomson-wins-appeal-of-software-patent-verdict.htm Mon, 14 Jul 2008 19:13:44 EDT Media company Thomson Reuters Corp. on Tuesday said it will offer $1.75 billion in notes, in an offering expected to close Friday. Thomson Reuters will offer $750 million 5.95 percent notes due 2013 and $1 billion in 6.5 percent notes due 2018. http://www.ibtimes.com/articles/20080617/thomson-reuters-offers-1-75-billion-in-notes.htm Tue, 17 Jun 2008 17:32:00 EDT News and financial information company Thomson Reuters has agreed to sell its Dialog research database business to the ProQuest unit of privately held Cambridge Information Group. http://www.ibtimes.com/articles/20080612/thomson-reuters-to-sell-dialog-to-proquest.htm Thu, 12 Jun 2008 17:44:10 EDT Fitch Ratings gave newly formed Thomson Reuters Corp. a midlevel investment-grade rating, saying the media company has a sound balance sheet but faces integration risks. http://www.ibtimes.com/articles/20080604/fitch-starts-thomson-reuters-at-a-rating.htm Wed, 04 Jun 2008 14:13:22 EDT Thomson Reuters Corp. will cut 1,500 jobs as the newly combined financial and professional information provider moves to consolidate operations and reduce costs, a person familiar with the matter said Monday. http://www.ibtimes.com/articles/20080519/thomson-reuters-to-cut-3-percent-of-jobs.htm Mon, 19 May 2008 14:58:31 EDT Exxon Mobil Corp. asked Monday that Alaska pay $800 million in damages, claiming the state breached a deal when it revoked gas and oil leases on a North Slope oil field. http://www.ibtimes.com/articles/20080513/exxon-seeks-800m-from-alaska-over-gas-oil-leases.htm Tue, 13 May 2008 00:29:14 EDT Oil companies say Alaska breached a deal when it revoked gas and oil leases on a North Slope oil field and should pay $800 million in damages. Exxon Mobil Corp. filed the claim Monday with the Alaska Department of Natural Resources on behalf of itself and lease partners over the revocation of Point Thomson oil and gas leases. http://www.ibtimes.com/articles/20080512/exxon-alaska-should-pay-800m-over-point-thomson.htm Mon, 12 May 2008 23:07:05 EDT Among the earnings stories for Thursday, May 1, from AP Financial News: NEW YORK (AP) _ Thomson Reuters Corp., a newly merged provider of business and legal information, says pro-forma first-quarter profits rose 37 percent to $579 million. http://www.ibtimes.com/articles/20080501/earnings-roundup-thomson-reuters-steven-madden.htm Thu, 01 May 2008 10:47:55 EDT