Reuters' Dramatic Share Price Moves Capped Off With Glocer Named CEO


The end of the millennium was not pleasant for Reuters' investors. The share price collapsed in October 1999 when CEO Peter Job gave non-answers to investor questions about Reuters' Internet strategy at a conference (IMD, Oct. 25, 1999). The American Depository Shares fell 49 percent from a $93.38 a share on Sept. 9, 1999 to $50.25 a share on Oct. 26.

On Feb. 8, 2000, Job unveiled plans to spend £500 million over the next four years in the migration of Reuters to total Internet delivery (IMD

To continue reading...

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 indvidual account here: