TRI - Thomson Reuters

[gibor]

Was wondering what do you thing about TRI? It's the only stock who pay good dividend and also dividend contender (they increased dividends for 18 or 19 consecutive years) .
Now they are trading at 52 weeks low. Yield is historical highest and I just don't see it can go much lower.

[doctrine]

It's on my watchlist.. quite out of favor with most people. But I always seem to find more compelling stocks elsewhere.... they are small dividend raisers (~5% annually) although quite consistent. This would imply that you can expect a long term return of 8-9%, providing their revenues don't drop.

[HaroldCrump]

I took a quick peek...it seems to be unusually volatile today.
Anything major happening?
Or maybe CMF postings can now move the market :cool:

[humble_pie]

any interest in this stock has to with the recent resignation of ceo tom glocer, the last of the bigtime news execs who arrived from reuters london when thomson bought reuters news some years back.

news never made any money.

it's now thought that, with dwindling interest in news part of the business out of the way, TRI might be free to concentrate on selling its financial, legal & medical data bases. It's thought these could be more profitable. There are contrarians who note that banks & financial institutions are cutting costs like crazy & much of the data bases they need can now be jerried up for free, so why would they continue to pay for reuters data services.

i for one admire tom glocer. A newsman to the marrow of his bones. Haven't had time to read his own recently-created news blog, but i certainly intend to. Here it is:

http://tomglocer.com/

[gibor]

There are contrarians who note that banks & financial institutions are cutting costs like crazy & much of the data bases they need can now be jerried up for free, so why would they continue to pay for reuters data services.


on one hand you are right, but on other hand I was thinking that stocks like Cineplex gonna get killed... why to pay if you can download movies for free via the Web?! (and every second person doing it). But they are doing not too bad :)

One more thing, there is a dividend investment strategy
, to buy solid long-paying dividends stocks when than undervalues and sell when they overvalues referring to the yield. (when yield in high - buy, when low- sell).
TRI yield now is all time high and this is one of the Canadian interlisted stocks with the biggest history of increasing dividends (18 years).
For comparisson other Can stock that increased dividends for at least 10 years:
CNI 16
CNQ 11
ENB 17
IMO 19
SJR 10

[Loon]

Does anyone know why this stock is down today? They reported earnings but all the news I've read on it seems positive.

Why is the EPS reported as negative?

[humble_pie]

Does anyone know why this stock is down today?


tri held a conference call w analysts this am in which they forecast continuing decline in net new sales in their bedrock finance & risk division.

the revenue impairment they are experiencing - which they say they expect to continue - comes from cancellation of data services by ailing financial institutions, particularly european banks & financial institutions.

here's a link to the transcript of the analysts' questions about these issues & the tri responses:

http://seekingalpha.com/article/765061-thomson-reuters-management-discusses-q2-2012-results-earnings-call-transcript?page=6&p=qanda

if you look back through the front pages of this conf call transcript, back to where the company officials are speaking, you'll see that they are fairly cheery about their prospects & accomplishments since the firm provides data services in other fields such as legal.

[Loon]

Is anyone buying this stock? Is anyone selling?

Is that negative EPS on google and yahoo finance a type-o?

[doctrine]

Must be - TRI is very profitable. However, P/Es can very widely. They're about a 14 based on last quarter's earnings. I haven't taken a closer look, but TRI is a steady eddy 6-7% a year dividend increaser... I am tempted to buy it whenever it hits $27ish.