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From the Blogosphere
Thomson Reuters Good Q3 Tough Balance Sheet
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Thomson Reuters (TRI) reported some good looking Q3 numbers. Underlying profit up, margins up and revenues are up. Thomas H. Glocer, chief executive officer of Thomson Reuters even said the following “Moreover, our ability to translate profits into cash flow, supported by our strong balance sheet and liquidity, should allow us to take advantage of investment opportunities that may result from market disruptions while maintaining a disciplined approach to capital allocation,"
So let’s take a look at this balance sheet that is supposed to be providing all this strength. From Dec 31 to< />< />< />< />< />< />< /><>>...
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Trading Radar for 11/12: Macy's (M), Diana Shipping (DSX), JA Solar (JASO), Applied Materials (AMAT), SINA (SINA) Report
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The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:Before Market Opens:Earnings:Babcock & Brown Air (NYSE: FLY) - consensus EPS $0.33, revs $58.31MDiana Shipping (NYSE: DSX) - consensus EPS $0.74, revs $83.80MGammon Gold (NYSE: GRS) - consensus EPS $0.03JA Solar (Nasdaq: JASO) - consensus EPS $0.28, revs $307.37MThomson Reuters (NYSE: TRI)Intraday or Not Specified:Earnings:Applied Materials (Nasdaq: AMAT) - consensus EPS $0.14, revs $1.94BGushan Environmental (NYSE: GU) - consensus EPS $0.21, revs $61.30MMacy's (NYSE: M) - consensus loss $0.1...
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Analyst calls: AB, WPI, TEVA, LYG, UACL, NTAP, SIMO, BRCM ...
Earnings highlights: Abercrombie, Macy's, Kohl's, Sirius, UBS, Wachovia and others
Thomson Reuters is in for a tough slog after missing expectations
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