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Thomson Reuters Has $8 Billion in ‘Financial Firepower' for AI Investment
PYMNTS· 2024-03-11 15:22
Thomson Reuters has reportedly amassed $8 billion to invest in the artificial intelligence (AI) space.In an interview with the Financial Times Monday (March 11), CEO Steve Hasker said the company has “tremendous financial firepower” to expand in the realm of AI-driven professional services and information as it prepares to sell the remainder of its holding in the London Stock Exchange Group (LSEG).“We have dry powder of around $8 billion as a result of the cash-generative ability of our existing business, a ...
Thomson Reuters(TRI) - 2023 Q4 - Annual Report
2024-03-07 22:25
[FORM 6-K Filing Information](index=1&type=section&id=FORM%206-K%20Filing%20Information) This section details the registrant, Thomson Reuters Corporation, as a foreign private issuer and specifies the Form 6-K filing for March 2024 [Registrant and Filing Type](index=1&type=section&id=Registrant%20and%20Filing%20Type) This section identifies Thomson Reuters Corporation as a foreign private issuer filing a Form 6-K with the SEC for the month of March 2024, indicating its annual reports are filed under Form 40-F - Registrant: **Thomson Reuters Corporation**, a foreign private issuer[2](index=2&type=chunk) - Filing Type: **Form 6-K** for March 2024, with annual reports filed under **Form 40-F**[1](index=1&type=chunk)[2](index=2&type=chunk) [Signatures](index=2&type=section&id=Signatures) This section confirms the official authorization and signing details for the report [Authorization and Date](index=2&type=section&id=Authorization%20and%20Date) The report was duly authorized and signed on behalf of Thomson Reuters Corporation by Jennifer Ruddick, Deputy Company Secretary, on March 7, 2024 - Signed by: **Jennifer Ruddick**, Deputy Company Secretary[4](index=4&type=chunk) - Date of Signature: **March 7, 2024**[4](index=4&type=chunk) [Exhibit Index](index=3&type=section&id=Exhibit%20Index) This section lists the exhibits accompanying the filing, including a news release regarding the 2023 Annual Report [Filed Exhibits](index=3&type=section&id=Filed%20Exhibits) The filing includes Exhibit 99.1, which is a news release dated March 7, 2024, announcing that Thomson Reuters has filed its 2023 Annual Report Exhibit Details | Exhibit Number | Description | | :--------------- | :------------------------------------------------------------------- | | 99.1 | News release dated March 7, 2024 – Thomson Reuters Files 2023 Annual Report |
Thomson Reuters Files 2023 Annual Report
Prnewswire· 2024-03-07 22:09
TORONTO, March 7, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today filed its annual report for the year ended December 31, 2023. The annual report contains audited financial statements, management's discussion and analysis (MD&A) and other disclosures. The annual report is now available in the Investor Relations section of tr.com. The annual report was filed with the Canadian securities regulatory agencies and is available at sedarplus.ca. The annual report was also filed with the U.S. Securities ...
Thomson Reuters to Present at Bank of America Securities 2024 Information Services Conference
Prnewswire· 2024-03-06 16:00
TORONTO, March 6, 2024  /PRNewswire/ -- Steve Hasker, president and chief executive officer and Mike Eastwood, chief financial officer of Thomson Reuters (TSX/NYSE: TRI) will both present at the Bank of America Securities 2024 Information Services Conference on Thursday, March 14, 2024 at 12:55pm EDT. The presentation may include forward-looking information.A live audio webcast will be available in the Investor Relations section of tr.com. Additionally, an archive of the webcast will be available following ...
Thomson Reuters to host Investor Day in New York
Prnewswire· 2024-02-20 21:30
TORONTO, Feb. 20, 2024 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) will host its 2024 Investor Day in New York on Tuesday, March 12, 2024, beginning at 8:00 am EDT. The company's senior management team will deliver a series of presentations outlining the company's operating strategy, growth plans and capital structure, and include question-and-answer sessions for institutional investors and coverage analysts. Registration for the webcast is now open and can be found on the "Investor Relations" section o ...
Thomson Reuters: Good Results And Positive Outlook Support A Buy Rating
Seeking Alpha· 2024-02-11 13:56
Lubo Ivanko Elevator Pitch I have a Buy rating for Thomson Reuters Corporation (NYSE:TRI) (TSX:TRI:CA). My previous November 19, 2023 update for Thomson Reuters was focused on the positive read-throughs from the company's presentation at an investor conference in the same month. With my latest article, I turn my attention to TRI's most recent quarterly financial performance and its intermediate term outlook. The company delivered a +8% earnings beat in Q4 2023, and it sees its revenue growth acceleratin ...
Thomson Reuters(TRI) - 2023 Q4 - Earnings Call Transcript
2024-02-08 17:42
Thomson Reuters Corporation (NYSE:TRI) Q4 2023 Earnings Conference Call February 8, 2024 9:00 AM ET Company Participants Gary Bisbee - Head of Investor Relations Steve Hasker - President, CEO and Director Mike Eastwood - Chief Financial Officer Conference Call Participants Scott Fletcher - CIBC Drew McReynolds - RBC Kevin McVeigh - UBS Tim Casey - BMO Capital Market. George Tong - Goldman Sachs Wahid Amin - Bank of America Manav Patnaik - Barclays Maher Yaghi - Scotiabank Doug Arthur - Huber Research Operat ...
Thomson Reuters(TRI) - 2023 Q4 - Earnings Call Presentation
2024-02-08 14:52
Thomson Reuters 2023 Fourth-Quarter and Full-Year Results 2 Agenda Photo Credit: Hannibal Hanschkel THOMSON REUTERS® • Fourth-Quarter & Full-Year 2023 Highlights Steve Hasker Growth and Innovation Updates Fourth-Quarter & Full-Year 2023 Results • Q & A This presentation consists of these slides and the associated remarks and comments, which are related and intended to be presented and understood together. Special Note Our company has provided a business outlook for the purpose of presenting information abou ...
Thomson Reuters (TRI) Q4 Earnings Surpass Estimates
Zacks Investment Research· 2024-02-08 13:41
Thomson Reuters (TRI) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.52%. A quarter ago, it was expected that this news and financial information company would post earnings of $0.68 per share when it actually produced earnings of $0.82, delivering a surprise of 20.59%.Over the las ...
Thomson Reuters (TRI) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-02-01 16:06
Thomson Reuters (TRI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 8, 2024, might help the stock move higher if these key numbers are better ...