Comments for TRI - Stockpickr! Your Source for Stock Ideas

Comments for TRI

Added By	Comments	Type	Date Added
stockerblog	8/19/2008	Love	August 06, 2008
sarah z	The New York Based provider of financial information said it will buyback $500 million in common stock. Under the buyback, as many as 15 million shares may be repurchased, representing 1.81% of the total outstanding shares. The company said it will start repurchasing the shares on June 6, 2008 and will terminate by June 5, 2009. On May 1, 2008 the company announced impressive first quarter results with revenue surging 12% to $3.25 billion. On April 17, 2008 the company completed the purchase of Reuters which it began 11 months ago. As part of the purchase, they will reduce costs sooner than anticipated. They said annualized savings will be $1 billion by the end of 2010 and $1.2 billion in 2011. The company added that it expects to grow 8% this year. “Our combined first quarter results and guidance for the full year reflect the robustness of our business, even in turbulent markets. Our Markets Division holds leading positions in higher growth segments of the financial markets, including foreign exchange, commodities, energy and emerging markets.” said Thomas H. Glocer, CEO of Thomson Reuters. “These are high quality businesses with attractive profit margins and strong cash flow characteristics.” Analyst Vince Valentini with TD Newcrest equity research has a buy rating and a $53 price target on the stock. He said, “We continue to believe that the best way to value TRI shares is to look forward to 2010 or 2011 results when the net impact from synergies and integration costs becomes more normalized.”	Love	June 19, 2008
sarah z	Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced that as part of its previously announced US$500 million share repurchase program, it has received approval from the Toronto Stock Exchange (TSX) to renew its Normal Course Issuer Bid (NCIB) for Thomson Reuters Corporation common shares for an additional 12-month period. The renewal of the NCIB will provide Thomson Reuters with the flexibility to purchase shares of either Thomson Reuters Corporation or, as currently permitted, Thomson Reuters PLC. On April 18, 2008, Thomson Reuters began purchasing ordinary shares of Thomson Reuters PLC. From April 18, 2008 through May 30, 2008, approximately 9.6 Thomson Reuters PLC ordinary shares were purchased for a total cost of approximately US$302 million. The stock trades for 15x cash flow.	Love	June 11, 2008
cntrybleu	They sold out from what I hear, there may be a turn, but I just dont see anything in the future for right now.	Hate	February 09, 2007
Barrons	TPG-Axon Capital, which owns 7.81 Million shares or 8.87% of the company is going to nominate an alternative slate of candidates to be elected as directors.	Love	February 03, 2007
Mark Bland	needed to get out of some tech. stock and heard good things about this CO.	Love	January 19, 2007
Rick's PA	Go democrats! Universal care will be HUGE for the hospital sector. Trades near book value. Lots of room for operational improvement	Love	December 14, 2006