Reuters' Stock Tumbles; Analyst's Downgrade Is Cited

THIS WEEK'S LEAD STORIES

    • WatersTechnology Staff
  • LinkedIn  
  • Save this article
  • Print this page  

Reuters Holdings PLC's American depository receipts (ADRs) took a nosedive last Thursday after an analyst at Wertheim Schroder downgraded the stock. The analyst, Michael Ellman, acted in response to reports that beta testing of the company's order-matching system for foreign exchange trading, Dealing 2000-2, had been delayed.

Dow Jones reported on the morning of Aug. 16 that Reuters ADRs had dropped "nearly eight percent," to 531/8 in over- the-counter trading. By the close of the day, the stock

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Copyright Infopro Digital Limited. All rights reserved.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com

Copyright Infopro Digital Limited. All rights reserved.

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@waterstechnology.com

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here