09-02-2017 21:05 via news.yahoo.com

Thomson Reuters' earnings beat forecasts but raise questions about coming quarters

Thomson Reuters Corp reported higher-than-expected quarterly profit on Thursday but its revenue missed forecasts and investors showed concern that one gauge of future demand from financial clients declined for the first time in almost three years. The news and information company's Financial & Risk unit, its biggest, showed cancellations outpacing sales for the first time in 11 quarters, helping push the stock down 3.8 percent. Revenue rose 1 percent to $1.5 billion in Financial & Risk,
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