Thomson Reuters Corp. (TRI), the financial news and information provider, said second-quarter profit almost doubled, bolstered by rising revenue from the legal-data and tax and accounting divisions. Net income advanced 93 percent to $572 million, or 67 cents a share, from $297 million, or 35 cents, a year earlier. Revenue rose 7.2 percent to $3.45 billion. Sales of legal products advanced 9 percent, while tax and accounting revenue jumped 10 percent, excluding the impact of currency translation. Source: Bloomberg News
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Joachim C Bartels is a co-founder, managing director and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.
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