Thomson Reuters raises revenue target but strikes cautious tone as high interest rates linger

Canadian News News

Thomson Reuters raises revenue target but strikes cautious tone as high interest rates linger
Canada NewsBreaking News VideoCanadian Breaking News
  • 📰 globebusiness
  • ⏱ Reading Time:
  • 36 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 182%
  • Publisher: 66%

Toronto-based information and software provider raises dividend 10 per cent

modestly raised its revenue projections for the year and increased its dividend after a strong first quarter, even as company leaders are watching for warning signs that corporate customers could press pause on new software purchases while a period of high interest rates drags on.

Expectations of imminent interest rate cuts that could boost business confidence have been put on hold, as central bankers hold high rates steady while waiting for clear signs that inflation is coming under control. “They’re starting to feather in these technologies but there hasn’t been a wholesale rewiring of the profession yet,” he said.

“We had a pretty simple philosophy toward this change – that these models are here to stay in various forms, and that they’re going to be influential in terms of consumer behaviour, media audience behaviour, and ultimately humanity,” Mr. Hasker said. “And that they need to be trained, and they may as well be trained on the very best content.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globebusiness /  🏆 31. in CA

Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Thomson Reuters raises 2024 forecast after topping first-quarter revenue expectationsThomson Reuters raises 2024 forecast after topping first-quarter revenue expectationsThe Toronto-based news and information provider raised its annual total revenue forecast as a result of its first quarter performance and now expects it to rise by between 6.5% and 7%, up from 6.5%
Read more »

Spring storm hits Eastern Canada, tens of thousands without power in Quebec, OntarioSpring storm hits Eastern Canada, tens of thousands without power in Quebec, OntarioA handful of flights connecting travellers between Montreal and Toronto were cancelled, Toronto Pearson Airport said
Read more »

Most actively traded companies on the Toronto Stock ExchangeMost actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (22,051.79, down 60.67 points): Toronto...
Read more »

Maple Leafs clinch playoff spot, will return to post-season for eighth year in a rowMaple Leafs clinch playoff spot, will return to post-season for eighth year in a rowTORONTO — The Toronto Maple Leafs clinched a playoff berth Friday night without stepping on the ice.
Read more »

Maple Leafs clinch playoff spot, will return to post-season for eighth year in a rowMaple Leafs clinch playoff spot, will return to post-season for eighth year in a rowTORONTO — The Toronto Maple Leafs clinched a playoff berth Friday night without stepping on the ice.
Read more »

Missing Toronto senior has been locatedMissing Toronto senior has been locatedA missing Toronto senior with dementia has been found, Toronto police say.
Read more »



Render Time: 2025-02-21 05:44:26