TORONTO, March 6, 2025 /PRNewswire/ -- Thomson Reuters (TSX/Nasdaq: TRI) has submitted its annual report for the year that ended on December 31, 2024. This report includes audited financial statements, a discussion and analysis from management (MD&A), and additional information.
Investors interested in the Technology Services sector may want to look at JBT Marel (JBTM) and Thomson Reuters (TRI). However, which of these two companies is the better choice for those seeking undervalued stocks?
On February 26, 2025, Thomson Reuters, a global content and technology firm, announced that by 5:00 p.m. New York City time on February 25, 2025, a total amount of Old Notes from Thomson Reuters Corporation had been successfully submitted for exchange. These Old Notes will be exchanged for new notes issued by TR Finance LLC, a fully owned U.S. subsidiary of TRC. The exchange offer was previously announced by TRC.
TORONTO, Feb. 25, 2025 /PRNewswire/ -- Mike Eastwood, the CFO of Thomson Reuters (TSX/Nasdaq: TRI), is set to speak at the Scotiabank TMT Conference on March 4, 2025, at 1:30 p.m. EST. His presentation might feature some predictions about the future.
Thomson Reuters experienced solid growth in its main areas by using AI and making smart acquisitions, and it has a hopeful forecast for 2025, although its current valuation is quite high. In 2024, the company saw notable revenue growth from its Legal, Corporate, and Tax & Accounting divisions, even though there were small decreases in profit margins. However, there are risks to consider, such as how well the company can integrate its acquisitions and the potential impact of AI on its long-term profits and competitiveness.
The ticker symbol "TRI" will stay the same. On February 13, 2025, Thomson Reuters announced that it will move its U.S. stock listing from the New York Stock Exchange to the Nasdaq Global Select Market. The company anticipates that its shares will stop trading on the NYSE around February 24, 2025, and will start trading on the Nasdaq the following day.
TORONTO, Feb. 11, 2025 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI), a global content and technology firm, has announced that it is starting an exchange offer for all validly submitted and accepted notes from Thomson Reuters Corporation, an Ontario company ("TRC"). These notes, referred to as the "Old Notes," will be exchanged for new notes ("New Notes") issued by TR Finance LLC, a fully owned U.S. subsidiary of TRC, which will have the same interest rate and payment terms as the Old Notes. The New Notes will be guaranteed for payment of principal and interest by TRC and its U.S. subsidiaries, known as the "Subsidiary Guarantors."
I suggest a buy rating for Thomson Reuters because of its strong growth prospects and stable profit margins, even with high investments in AI. In the fourth quarter of 2024, the company reported a 5.4% year-on-year increase in organic revenue, with its three main segments growing by 7.8%. The rise in the use of AI products, like Westlaw Precision, which reached 43% adoption in the same quarter, shows strong demand and potential for future growth.
Thomson Reuters Corporation (NYSE:TRI) will hold its Q4 2024 Earnings Conference Call on February 6, 2025, at 8:00 AM ET. Participants from the company include Gary Bisbee, the Head of Investor Relations, Steve Hasker, the CEO, and Mike Eastwood, the CFO. The call will also feature participants from various financial institutions, such as Scott Fletcher from CIBC Capital Markets and Tim Casey from BMO Capital Markets.
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