Reuters Predicts Record Profits; New Satellite Service Announced, Branch System Sketched
THIS MONTH'S LEAD STORIES
Business is just fine, thank you, at Reuters Holdings PLC. The company is forecasting record revenues and profits in 1987, and says first quarter numbers came in ahead of target. Meanwhile, Reuters has announced plans to deliver its SDS2 quote service via satellite to Latin America, and has begun to speak publicly about its plans for serving the retail securities brokerage business in the U.S.
At its annual general meeting, Reuters chairman Sir Christopher Hogg told shareholders the firm expects
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