Thomson Reuters Corporation (NASDAQ:TRI) is included among the 13 Best Canadian Dividend Stocks to Buy and Hold for the Long Term. Scotiabank Lowers Thomson Reuters (TRI) Price Target to $189 but Maintains Outperform Rating On Nov⁠ember 5, Scotiaban‍k’s Ma​her​ Yaghi lowered the firm’s price‍ target on Thomson Reuters Corporation (NASDAQ:TRI) to $189⁠ from $200 while⁠ maintaining an O‌ut‍perform rating, according to a report by The Fly. He noted th⁠a‍t the s‍to‌ck p‍ulled back af‌te‌r the‌ company delive ...

Group 1 - The presentation is part of the Ultimate Services Investor Conference, focusing on information services [1] - The info services data book has been updated quarterly since 2013, indicating ongoing research and analysis in the sector [1] Group 2 - The discussion involves Thomson Reuters, featuring CEO Steve Hasker, CFO Mike Eastwood, and IR Gary Bisbee, highlighting the leadership team [2] - The format includes a series of questions from the moderator, followed by an opportunity for audience questions, suggesting an interactive session [2]

Summary of Thomson Reuters Conference Call Company Overview - **Company**: Thomson Reuters - **Industry**: Information Services, specifically focusing on legal, tax, and accounting sectors Key Points and Arguments Product Innovation and AI Integration - The CEO highlighted a significant acceleration in product innovation, particularly through the integration of generative AI across various product lines such as CoCounsel, Westlaw, and Practical Law [3][4][10] - The company has committed over $200 million to generative AI investments for 2025, split evenly between operating expenses and capital expenditures [11] - Recent product launches, including CoCounsel Legal and Westlaw Advantage, have received positive early testing results, indicating strong client adoption [4][5] Client Adoption and Customer Success - Thomson Reuters has invested heavily in customer success initiatives to drive adoption and sustained usage of its products [5][7] - The company has seen a doubling of its Net Promoter Score (NPS) since launching its change program in 2021, indicating improved customer satisfaction [14] Revenue Growth Projections - For 2026, the company targets a revenue growth of 9.5% for its big three segments, with price increases expected in the range of 3-3.5% [15][16] - The tax and accounting segment is projected to achieve organic revenue growth of 11-13%, driven by product innovation, acquisitions, and a strong retention rate [57][58] Competitive Advantages - Thomson Reuters maintains a strong competitive position in legal research due to its extensive content repository and a team of highly trained attorneys who enhance AI capabilities [22][43] - The company is leveraging its established tax calculation engines and expertise to automate workflows, addressing the talent shortage in the tax and accounting professions [39][41] Market Dynamics and Opportunities - The legal profession is increasingly adopting technology, with both large firms and sole practitioners showing interest in AI tools [54][55] - The corporate segment presents a significant growth opportunity, with the company focusing on automating tasks for general counsels and heads of tax [60][62] Challenges and Considerations - The company faces challenges in changing the cultural dynamics within law firms to fully embrace AI tools, which may take time [56] - There are concerns regarding potential downgrades in government contracts affecting revenue, but the company remains optimistic about overall growth [51][48] Additional Important Insights - The company is actively monitoring the competitive landscape, particularly in tax and accounting, where it has not seen new entrants in core calculation engines [44] - The integration of AI into workflows is seen as a multi-year growth opportunity, with a focus on delivering automation solutions that competitors may struggle to replicate [62][63]

Core Insights - The article provides a comprehensive market analysis of the Walt Disney Company, focusing on its financial performance, market position, and future growth prospects [1] Financial Performance - Walt Disney reported a revenue of $XX billion for the last quarter, reflecting a YY% increase compared to the previous year [1] - The company's net income stood at $ZZ million, which is a significant change from the previous quarter [1] Market Position - Disney maintains a strong market presence in the entertainment industry, with a market share of approximately AA% [1] - The company has successfully expanded its streaming services, contributing to a BB% growth in subscriber numbers [1] Future Growth Prospects - Analysts predict that Disney's investment in new content and technology will drive a CC% increase in revenue over the next fiscal year [1] - The company is expected to explore new international markets, which could enhance its global footprint and revenue streams [1]

Core Viewpoint - Thomson Reuters is set to present at the JP Morgan Ultimate Services Investor Conference on November 18, 2025, highlighting its ongoing commitment to providing forward-looking information [1]. Company Overview - Thomson Reuters (TSX/Nasdaq: TRI) integrates trusted content and technology to assist professionals in making informed decisions across various sectors, including legal, tax, accounting, compliance, government, and media [3]. - The company offers specialized software and insights aimed at empowering professionals with essential data and solutions, contributing to justice, truth, and transparency [3]. - Reuters, as part of Thomson Reuters, is recognized as a leading provider of trusted journalism and news [3]. Investor Relations - A live audio webcast of the presentation will be accessible in the Investor Relations section of the Thomson Reuters website 24 hours prior to the event, with an archive available post-presentation [2]. Recent Developments - Thomson Reuters reported solid revenue momentum in its third-quarter results for the period ending September 30, 2025, indicating a positive financial trajectory [5].

Industry Overview - The U.S. Business Services Sector is supported by strong domestic economic fundamentals, encompassing companies that provide consulting, staffing, financial transactions, outsourcing, advertising, waste removal, building maintenance, technology services, and auction/valuation services [1] - The sector has evolved into a mature and resilient ecosystem, with revenues, income, and cash flows now above pre-pandemic levels [2] - The rapid advancement and adoption of artificial intelligence and automation technologies are reshaping the delivery of business services [2] Sector Performance - The Zacks-defined Business Services Sector ranks in the top 38% of the Zacks Sector Rank, indicating an expectation to outperform the market over the next three to six months [3] Recommended Stocks - Five business services stocks with favorable Zacks Rank are recommended: Xylem Inc. (XYL), Thomson Reuters Corp. (TRI), UL Solutions Inc. (ULS), Omnicom Group Inc. (OMC), and Veralto Corp. (VLTO), all carrying a Zacks Rank 2 (Buy) [4] Company Insights Xylem Inc. (XYL) - Xylem experiences steady demand due to the essential nature of its offerings, benefiting from robust demand for smart metering and applications in the U.S. [5] - The Water Infrastructure unit's performance is boosted by growth in transport and treatment application businesses, with an expected revenue growth rate of 3.7% and earnings growth rate of 9.6% for next year [6] Thomson Reuters Corp. (TRI) - Thomson Reuters is a leading provider of value-added information and technology across various sectors, including law, tax, accounting, and healthcare [7] - The company has an expected revenue growth rate of 7.8% and earnings growth rate of 14.2% for next year [8] UL Solutions Inc. (ULS) - UL Solutions provides safety science services across multiple segments, including Industrial, Consumer, and Software and Advisory [9] - The company has an expected revenue growth rate of 5.4% and earnings growth rate of 6.5% for next year [10] Omnicom Group Inc. (OMC) - Omnicom Group's diverse portfolio across traditional and digital marketing segments ensures revenue stability and adaptability [11] - The company has an expected revenue growth rate of 3.2% and earnings growth rate of 6.9% for next year [13] Veralto Corp. (VLTO) - Veralto is positioned for growth through U.S. infrastructure investments and rising semiconductor demand, with a strong focus on water quality and product quality segments [14][15] - The company has an expected revenue growth rate of 5.8% and earnings growth rate of 9.3% for next year [17]

Core Viewpoint - The analyst previously held a "hold" rating for Thomson Reuters (TRI) due to concerns about its valuation, indicating a lack of compelling reasons to invest in the stock [1]. Investment Philosophy - The investment approach is fundamentally driven, focusing on identifying businesses with potential for scalability and significant terminal value [1]. - Key factors considered include competitive moat, unit economics, reinvestment opportunities, and management quality, which are essential for long-term free cash flow generation and shareholder value creation [1]. - The analyst emphasizes the importance of fundamental research and targets sectors with strong secular tailwinds [1]. Professional Background - The analyst has 10 years of experience in investment banking and is currently managing personal funds sourced from friends and family [1]. - The motivation for writing on Seeking Alpha is to share investment insights and receive feedback from other investors [1]. - The goal is to help readers focus on the drivers of long-term equity value, advocating for analysis that is both analytical and accessible [1].

Air Canada - Operating revenues for the quarter were $5.77 billion, a decrease of approximately 5% from $6.1 billion in the same quarter last year [1] - The results included a three-day work stoppage by over 10,000 flight attendants in August, leading to more than 3,000 flight cancellations [1] - CEO Michael Rousseau stated that the results met the company's revised estimates, which were adjusted due to the labor disruption during peak summer season, with the estimated cost of the strike at $375 million [2] Fortis Inc. - Fortis reported a third-quarter profit of $409 million, down from $420 million a year ago, with earnings of 81 cents per share compared to 85 cents per share in the same quarter last year [4][7] - Revenue for the quarter was $2.94 billion, an increase from $2.77 billion in the same quarter last year [4][7] - Fortis announced a new five-year capital plan for 2026-2030 totaling $28.8 billion, an increase of $2.8 billion compared to the previous plan [5] Thomson Reuters Corp. - Thomson Reuters reported a profit of US$423 million for the quarter, up from US$301 million a year earlier, with profit per diluted share increasing to 94 cents from 67 cents [9][12] - Revenue rose to US$1.78 billion, up from US$1.72 billion in the same period last year [10][12] - The company acquired Additive AI Inc., a specialist in AI-powered tax document processing, and sold its remaining minority interest in the Elite business [11] Suncor Energy Inc. - Suncor reported a decline in third-quarter profits to $1.62 billion, down from $2.02 billion a year earlier, with profit per share decreasing to $1.34 from $1.59 [14][18] - Operating revenues net of royalties were $6.17 billion, down from $6.32 billion in the same quarter last year [15][18] - Total upstream production reached 870,000 barrels of oil equivalent per day, an increase from 828,600 boe/d, while refinery throughput also hit a record of 491,700 barrels per day [15][16] Cameco - Cameco raised its annual dividend to 24 cents per share from 16 cents, despite reporting a small net loss of $158,000 for the quarter, compared to a profit of $7.4 million a year earlier [21] - Revenue for the quarter was $614.6 million, down from $720.6 million [21]

Group 1 - The article discusses the Asia Value & Moat Stocks research service, which targets value investors looking for Asia-listed stocks with significant discrepancies between price and intrinsic value, focusing on deep value balance sheet bargains and wide moat stocks [1] - The current year turnover for the group is expected to be at the lower end of guidance, which is perceived as a one-off situation [1] - The Legal segment is anticipated to maintain a fast growth trajectory moving forward [1] Group 2 - The Value Pendulum is highlighted as an Asian equity market specialist with over a decade of experience, providing investment ideas particularly for the Hong Kong market [1] - The service offers a variety of watch lists with monthly updates to assist investors in identifying potential investment opportunities [1]

Core Insights - Thomson Reuters (NASDAQ: TRI) is a significant player in the information services industry, particularly known for its legal, tax, and accounting solutions [1][5] - The company is integrating artificial intelligence into its legal tools to enhance its offerings and aims to become the leading AI platform for legal professionals [2][5] - Canaccord Genuity has set a price target of $174 for TRI, indicating a potential price increase of 18.69% from its current price of $146.60 [1][5] Stock Performance - TRI's stock is currently priced at $146.60, reflecting a decrease of 5.86%, which is a drop of $9.12 [3][5] - The stock has experienced fluctuations during the trading day, with a low of $145.26 and a high of $157.64 [3] - Over the past year, TRI has reached a high of $218.42 and a low of $145.28 [3] Market Position - Thomson Reuters has a market capitalization of approximately $66.07 billion, with a trading volume of 2,490,644 shares [4] - The integration of AI into its legal tools is crucial for maintaining a competitive edge against established models like ChatGPT [4]