Reuters Posts Solid Results In '95; Cautious About '96

VENDOR STRATEGIES

Despite concerns about the effects of industry consolidation, Reuters posted strong financial results for 1995. Revenue growth for the year was up 17 percent to $4.2 million at actual exchange rates. Allowing for currency fluctuations, revenue growth was 15 percent over 1994's figures. The vendor's operating income grew 20 percent to $854 million for the year. Not too shabby.

Looking ahead to the end of this year, Reuters is less optimistic about its ability to turn in revenues growth than

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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