Thomson Reuters downgraded at CIBC as valuation limits upside
- BySeeking Alpha-
The stock made an attempt to settle above the $99 level.
Shares of Thomson Reuters Corp (TRI) were up more than 6% in early trading Tuesday after the provider of business information services reported first-quarter results that beat...
Thomson Reuters Corp is a provider of business information services. It operates through five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News and Global Print. Legal Professionals segment serves law firms and governments with research and workflow products, focusing on legal research powered by technologies and integrated legal workflow solutions. Corporates segment serves corporate customers, including the global accounting firms, with its offerings across legal, tax, regulatory and compliance functions. Tax & Accounting Professionals segment serves tax, accounting and audit professionals in accounting firms with research and workflow products, focusing on tax offerings and automating tax workflows. Reuters News segment supplies business, financial, national and international news to professionals via desktop terminals. Global Print segment provides legal and tax information in print format to customers. It operates in over 75 countries.