Reuters America Leads Sales Jump in May
VENDOR UPDATE
NEW YORK—Reuters announced the first positive month for sales since May 2001 at last week's Merrill Lynch TMT conference in London.
Reuters CEO Tom Glocer told attendees that sales of the vendor's data and technology products in the month of May exceeded cancellations. However, he reiterated the vendor's guidance for a revenue decline of between 6 and 6.5 percent for the quarter.
Reuters America is leading sales growth across Reuters, and executives there attribute their success to improvements in
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