InvestorsHub Logo
Followers 186
Posts 56190
Boards Moderated 1
Alias Born 04/20/2001

Re: EZ2 post# 81006

Wednesday, 05/02/2012 8:58:55 PM

Wednesday, May 02, 2012 8:58:55 PM

Post# of 120381
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

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.