Reuters Chief Signals an End to Falling Revenues

Evening Standard - London (July 27, 2004)

Author: Nick Goodway

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Summary

REUTERS' long-running tale of falling revenues will come to an end, chief executive Tom Glocer promised today but, as ever, he declined to say when.

With stock markets falling, takeover activity restricted to a few special situations and little in the global initial public offering pipeline beyond Google, he admitted that the enthusiasm he displayed back in May may have been a little premature.

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Extract

Reuters Chief Signals an End to Falling Revenues

"We did see a pullback in June and when I go around and ...

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