|Bid||42.85 x 100|
|Day's Range||45.82 - 46.02|
|52 Week Range||39.23 - 47.04|
|PE Ratio (TTM)||10.85|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Deutsche Bank rates Thomson Reuters Corp (NYSE: TRI ) a Buy, given its expectations that the company is well positioned for the back half of the year. The firm thinks the company will see improving top-line ...
Thomson Reuters Corp plans to release a tool on Wednesday that will allow customers to plug its market data into systems that run on the digital ledger technology known as blockchain. The new tool, called BlockOne IQ, will allow Wall Street firms to use Thomson Reuters data on trading systems that run on Ethereum and Corda, two types of blockchain, the company said. Thomson Reuters, which sells data, news and other information, owns Reuters News.
The partnership, announced by Thomson Reuters and Symphony on Tuesday, brings together two competing messaging services for investment managers and traders. It remains to be seen what effect the partnership will have on Bloomberg, which is a dominant provider of chat services in the financial services market, said Spencer Mindlin, an analyst with research firm Aite Group.