Reuters is likely to detail cost-cutting measures that include layoffs and a shift in its relationship with Tibco Software when it releases financial results for 2002 tomorrow (Tuesday, Feb. 18) say industry observers.
Sanford C. Bernstein & Co. analysts expect 800 more job cuts to come in 2003 and predict revenues to decline by 8.7 percent, although they say Reuters should benefit from its transformation program and £80 million in headcount cuts made in June 2002. For 2004, the Bernstein ana
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails