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Announced U.S. M&A for the month hit a 15-year low, coming in at just $13 billion, according to Thomson-Reuters. That's the lowest total since February of 1994.How to square this with all the avowals of interest in dealmaking in the current climate we heard earlier in the year from the...
Posted on August 28, 2009 9:37 AM
Thomson Reuters Inc. (NYSE:TRI) delivered a modest first-quarter earnings report Thursday, crediting the year-old, $17.2 billion merger that created the company with helping it weather a significant downsizing of the financial services sector. Revenue was up 3% and operating profit up 2% from the same period a year earlier. The company...
Posted on May 7, 2009 2:20 PM
One year ago, 93% of middle-market M&A executives surveyed by the Association for Corporate Growth and Thomson Reuters rated the deal environment as good or excellent. Today, the number is 43%. In addition, 45% of the more than 500 i-bankers, PE professionals, corporate development executives, lawyers, accountants and consultants surveyed...
Posted on July 22, 2008 11:39 AM
Research In Motion Ltd. launched a $150 million BlackBerry Partners Fund to invest in applications and services for its wireless BlackBerry device and other mobile platforms. In the innovate or die wireless equipment sector, it's no surprise that RIM wants a piece of promising emerging technologies...
Posted on May 12, 2008 3:21 PM
Thomson Corp.'s acquisition of Reuters Group plc closes Thursday, 11 months after the deal was announced. The new company, to be known as Thomson Reuters, will mark the occasion with internal observances and external announcements. Here's a quick rundown of what's known about the combination, what we might find out...
Posted on April 16, 2008 3:17 PM
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