Thomson Reuters (TRI) Slumps on Q3 Results

Thomson Reuters

was down 2% to $41.39, after it reported results for the third quarter. The company reported revenues were down 4% as the negative impact of foreign currency reduced revenues by 5%. Operating profits were $419 million, a 10% drop from $466 million in the prior-year quarter. Share volume was 130,000, compared to an all-day average of 359,000