Revenues Down at Thomson

ORGANIZATION & STRATEGY

Thomson Financial announced a decline in revenues last week as it continues to suffer from adverse market conditions. But officials reassured analysts that new deals at Reuters will not affect the company.

Revenues for the company declined six percent from $403 million in the second quarter of 2002 to $379 million in the second quarter of 2003, marking the second consecutive loss in revenues for 2003. The company attributed the results to weak markets. Thomson Financial experienced double-dig