Street and City Brace for Reuters Fireworks

Reuters will report first-half 2002 results on Tues., July 23, one week after the ordinary share price dropped below £3.00 for the first time in 12 years. (For those into pain, Reuters’ American Depository Shares are down 80 percent from an all-time high of $152.63 on March 10, 2000, to a recent low of $28.25 a share.)

However, on Tuesday, it’s not the numbers that will attract attention. The analysts we spoke to expect Reuters to report either a small profit or a small loss after taking