Fidelity SPDR Advertisement
Home > Boards > Stock Clubs > Long-Term > Coffee Sipping Big Board Stocks

Thomson Reuters Corp. (TRI, TRI.T) will sell its

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
timhyma Member Profile
Member Level Grandfathered Member
Followed By 180
Posts 54,707
Boards Moderated 1
Alias Born 04/20/01
160x600 placeholder
U.S. Stocks: Futures Fall As IBM Slides
U.S. stock futures fell into the red on Monday, as Dow industrials heavyweight IBM dropped sharply in premarket trading on downbeat results.
Top Equities Stories Of The Day
FTSE 100 Slips, Extending Loss Into Fifth Week
New iPad Lets Users Swap Data Plans
FTSE 100 Loses Ground In Topsy-turvy Trade; Shire Losses Deepen
U.S. to Boost Security for Federal Benefit Cards
U.S. Hot Stocks: Hot Stocks to Watch
India's Snapdeal in Talks With SoftBank, Others
Halliburton Guidance Expected to Shed Light On Oil Price Worries -- Earnings Preview
BG Group Appoints Helge Lund as Chief Executive
timhyma Member Level Grandfathered Member Wednesday, 05/02/12 08:58:55 PM
Re: EZ2 post# 81006
Post # of 97204 
Thomson Reuters Corp. (TRI, TRI.T) will sell its health-care business to private-equity firm Veritas Capital for $1.25 billion in an all-cash deal that will help the data and analytics provider focus more on its struggling core financial-markets business.

Thomson Reuters booked a $3.01 billion write-down of goodwill based on the division's performance.

So- they sold $1.25bil of assets, and booked $3bil in goodwill to show a "Overall, Thomson Reuters reported a profit of $314 million, or 38 cents a share"

Threw away $4bil, to show a $0.3bil profit- and still has $6bil of debt.

What do you see????

Small Cap plays: #board-865
Big Board plays: #board-711
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist