Li and Zieminski report, “The parent company of Reuters News reported adjusted earnings fell to 43 cents per share from 54 cents a year earlier. That was 3 cents below Wall Street expectations, according to data from Refinitiv.
“The stock was down 3.5% in early New York and Toronto trading.
“Thomson Reuters, which owns the Westlaw legal database and the Checkpoint tax and accounting service, said it invested $25 million in the quarter on additional sales and marketing resources, product development and data analytics.”
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