Comment
Thomson Reuters
Thursday 28 July 2011
The Thomson family is clearly not happy with the results of the Markets Division. They have fired the chief and key members of his team, and put the group CEO in charge. This shows there is no clear successor and the changes were made in relative haste. The Markets Division in many ways is exReuters - Glocer must be swallowing hard, and possibly looking afield. He probably has max one year to turn things around. Meanwhile, Editorial seems to be putting lots of eggs in the US media basket. Anyone's guess why. If I were an investor, I'd be worried. Hold on, I am an investor! ■
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