Steve Hasker named new CEO of Thomson Reuters, earnings top estimates - News Summed Up

Steve Hasker named new CEO of Thomson Reuters, earnings top estimates


Hasker, most recently a top executive at Hollywood talent agency CAA, will assume his new role on March 15, Thomson Reuters said. EARNINGS BEATAdjusted earnings in the fourth quarter rose to $216 million or 37 cents per share from $135 million or 19 cents a share. In recent years, Thomson Reuters had cut costs and shed some businesses as it recovered from the fallout of the financial crisis in 2008. Shares of Thomson Reuters have more than doubled since the Refinitiv deal, and have tripled since Smith took over as CEO in 2012. European competition authorities are expected to rule on the London Stock Exchange's $27-billion takeover of data and analytics company Refinitiv in coming months.


Source: bd News24 February 25, 2020 12:11 UTC



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