Reuters Reports Small Increase In Core Business
EARNINGS REPORT
Reuters posted a small increase in its core information products business in the third quarter. Revenues for that segment were up 7 per cent excluding the effects of currency fluctuations, compared to 6 per cent in the first two quarters of this year. At actual exchange rates, revenue in Reuters' core business was down 6 per cent, due to the impact of the strong pound.
Along with its financial results, the vendor provided numbers indicating that it would probably not reach its target of 30,000
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