Reuters Sales Gain 25 Percent In Third Quarter

Reuters' reported 25 percent increase in revenue for the third quarter belies a more modest organic growth rate of 17 percent, placing the company's performance for the latest period in line with its rivals'. The jump in total revenue from a year earlier reflects the flurry of corporate buying activity that began a year ago and ended with the acquisition of Quotron Systems Inc. last spring.

Meanwhile, new order rates in Reuters' core business -- market data services -- were, though brisk, "below