Thomson Reuters tops Q4 forecast, sees weaker global economy

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Reuters UK

By Nick Zieminski and Kenneth Li NEW YORK (Reuters) – Thomson Reuters Corp, the parent company of Reuters News, on Thursday reported higher-than-expected earnings in the fourth quarter, helped by cost cuts and gains on divestitures, but said a weakening global economy was a concern. The news and information company reported adjusted earnings of 73 cents per share, ahead of analyst forecasts for 65 cents, according to estimates from Refinitiv. Shares, which trade in both New York and in Toronto, where the company is based, lost about 2%. They are up about 10% over the past year. Thomson Reuters…

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