Thomson Weathering Down Market


Thomson Financial is weathering the turbulent financial market environment better than the competition, says Jeff Fan, a media stock analyst at UBS.

Thomson has been able to maintain costs and profits despite the challenging market conditions, says Fan. He notes that Thomson’s revenues declined less than Reuters (six percent versus 13 percent) in the second quarter of 2003. Reuters has continued to experience client and subscription losses that have affected its revenues and that represents w

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