Thomson Reuters Corp.
Toronto symbol TRI, divides its operations into two divisions: Markets, which provides financial information products to banks and other financial institutions; and Professional, which sells specialized information to professionals in the legal, accounting, scientific and healthcare fields.
THOMSON REUTERS CORP. $38 (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 815.8 million; Market cap: $31.0 billion; Price-to-sales ratio: 2.4; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.thomsonreuters.com) gets 55% of its revenue by selling news and information to professionals in the banking industry....
THOMSON REUTERS CORP. $40 (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 827.2 million; Market cap: $33.1 billion; Price-to-sales ratio: 2.5; Dividend yield: 3.4%; TSINetwork Rating: Above Average; www.thomsonreuters.com) gets 55% of its revenue by selling news and information to professionals in the banking industry. The remaining 45% comes from providing specialized information products to clients in the legal, accounting and scientific research fields.
...
...
THOMSON REUTERS CORP. (Toronto symbol TRI; www.thomsonreuters.com) gets 55% of its revenue by selling news and information to professionals in the banking industry. The remaining 45% comes from providing specialized information products to clients in the legal, accounting and scientific research fields....
THOMSON REUTERS CORP. $40 (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 827.2 million; Market cap: $33.1 billion; Price-to-sales ratio: 2.5; Dividend yield: 3.4%; TSINetwork Rating: Above Average; www.thomsonreuters.com) gets 55% of its revenue by selling news and information to professionals in the banking industry....
SUNCOR ENERGY INC., $36.80, Toronto symbol SU, announced this week that it will develop its Fort Hill oil sands property north of Fort McMurray, Alberta. Suncor owns 40.8% of Fort Hills, and will operate the project. Total S.A. of France owns 39.2%, while Teck Resources (see below) holds the remaining 20.0%. Fort Hills’ reserves should last 50 years. The company will contribute $5.5 billion to Fort Hills’ $13.5-billion cost. The project should begin operating in the fourth quarter of 2017. It should ultimately produce 180,000 barrels a day; Suncor’s share is 73,440 barrels. To put that in context, Suncor’s average daily production in the third quarter of 2013 rose 11.2%, to 595,000 barrels of oil equivalent from 535,300 barrels a year earlier....
TRANSCANADA CORP., $45.59, Toronto symbol TRP, has completed the purchase of a solar power facility in Brockville, Ontario, from Canadian Solar (Nasdaq symbol CSIQ). This is the first part of TransCanada’s agreement to buy nine Ontario solar power stations from Canadian Solar. The company expects to take possession of the remaining eight facilities by the end of 2014. In all, TransCanada will pay $470 million. That’s equal to 1.3 times the $370 million, or $0.52 a share, that the company earned in the three months ended March 31, 2013....
THOMSON REUTERS CORP. $31 (www.thomsonreuters.com) has increased its quarterly dividend by 1.6%, to $0.325 U.S. a share from $0.32 U.S. The new annual rate of $1.30 U.S. yields 4.3%. Buy.
MANITOBA TELECOM SERVICES INC. $33 (www. mtsallstream.com) reported that its revenue fell 3.5% in 2012, to $1.7 billion from $1.8 billion in 2011. That’s because revenue declined 8.3% at its Allstream division, which provides telecommunication services to businesses....
Hidden value is one of the key factors we examine when we look for top stocks. A company’s brand name is one good example of an underappreciated asset. Balance sheets often fail to assign any value to brands, even household names that have built up multitudes of loyal customers over the years. Two weeks ago we looked at the value of the brand of Canada’s best known tech company. (View the article here.) Today we examine another company whose strong brand is helping it grow internationally. THOMSON REUTERS CORP. (Toronto symbol TRI; www.thomsonreuters.com) gets 57% of its revenue and 50% of its earnings by selling news and information to professionals in the banking industry. It also sells specialized information products to clients in the legal, accounting and scientific research fields....
THOMSON REUTERS CORP. $31 (Toronto symbol TRI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 826.5 million; Market cap: $25.6 billion; Price-to-sales ratio: 1.8; Dividend yield: 4.1%; TSINetwork Rating: Above Average; www.thomsonreuters.com) gets 57% of its revenue and 50% of its earnings by selling news and information to professionals in the banking industry. It also sells specialized information products to clients in the legal, accounting and scientific research fields.
The company was already a well-established specialized information provider before it merged with the Reuters news agency in 2008. That deal gave the combined company even more information to sell. It also cut its reliance on North America. Thomson Reuters now gets 57% of its revenue from the Americas, followed by Europe (31%) and Asia (12%).
In addition, the Reuters merger helped the company launch its new Eikon terminals, which deliver real-time news and financial data to securities traders and portfolio managers. Even as the uncertain global economy prompted banks and other financial service businesses to scale back their spending, the number of Eikon users rose 35% in the third quarter of 2012 from the second quarter.
...
The company was already a well-established specialized information provider before it merged with the Reuters news agency in 2008. That deal gave the combined company even more information to sell. It also cut its reliance on North America. Thomson Reuters now gets 57% of its revenue from the Americas, followed by Europe (31%) and Asia (12%).
In addition, the Reuters merger helped the company launch its new Eikon terminals, which deliver real-time news and financial data to securities traders and portfolio managers. Even as the uncertain global economy prompted banks and other financial service businesses to scale back their spending, the number of Eikon users rose 35% in the third quarter of 2012 from the second quarter.
...