Vendors Continue Growth Path; Thomson-Reuters on Track for Regulatory Approval
Interactive Data led the pack in underlying revenue growth, with a 9.2 percent year-on-year rise in Q2. The weak dollar helped drive reported revenues up 12.4 percent to $170 million, which—combined with prudent spending and a lower tax rate—drove net income up 33 percent to $29.1 million for the quarter.
Thomson Financial grew underlying revenues by 4 percent in Q2, with reported revenues—including the impact of acquisitions and currency fluctuations—rising 8 percent to $540 million, producing a
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