39.2

52.4

PE ratio: na Short ratio: 46.1

negative earnings, short ratio of 40

34.6

23.3

11/19/2008

57.1

8/19/2008

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.”

They sold out from what I hear, there may be a turn, but I just dont see anything in the future for right now.