Are the wheels coming off at Reuters?


Most analysts and portfolio managers are on the edge of their chairs in anticipation (or should we say fear?) of Reuters' full year 2001 financial results, to be announced on Feb. 12.

At $49.00, Reuters share price is 9 percent higher than it was at the post-Sept. 11 low of $44.85. The pressure on the shares comes from bad news at Instinet (for more on that, see this week's Trading Technology Week)and reduced estimates from several City analysts.

Schroder Salomon Smith Barney downgraded the s

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