Welcome to our dedicated page for Thomson Reuters news (Ticker: TRI), a resource for investors and traders seeking the latest updates and insights on Thomson Reuters stock.
Thomson Reuters Corporation (TSX/Nasdaq: TRI) is a global content and technology company serving professionals in legal, tax, audit, accounting, compliance, government, and media. This news page aggregates company announcements and third‑party coverage so readers can follow how Thomson Reuters develops its business, products, and capital strategy over time.
Visitors can expect regular earnings announcements and related conference call details, where Thomson Reuters discusses segment performance for Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. These updates often include information on organic revenue growth, adjusted EBITDA, and other non‑IFRS financial measures the company uses to describe its operating performance.
Product and technology news is another recurring theme. Recent releases highlight new agentic AI solutions such as CoCounsel Legal and CoCounsel Tax, Audit and Accounting, as well as ONESOURCE+, an intelligent compliance network that connects tax, trade, legal, and risk offerings. Announcements may describe how these tools are intended to automate complex workflows, support audit‑ready documentation, and combine advanced AI reasoning with trusted professional content.
Thomson Reuters also issues news on partnerships and industry initiatives. Examples include joining interoperability programs like NetDocuments ndConnect to integrate CoCounsel Legal into existing document management workflows, and convening the Trust in AI Alliance through Thomson Reuters Labs with participants from organizations such as Anthropic, AWS, Google Cloud, and OpenAI. Capital markets communications, including share repurchase programs and automatic share purchase plans, are also disclosed through news releases. Investors and professionals can use this page as a central source for following these developments.
Thomson Reuters (TSX/NYSE: TRI) announced the results of its Board of Directors election held on June 6, 2024. All 13 nominees were elected and will serve until the next annual meeting. Notable vote counts include Steve Hasker with 99.94% of votes for, and W. Edmund Clark with 97.59% of votes for. Additionally, PricewaterhouseCoopers LLP was re-appointed as the company's auditor, and an advisory resolution on executive compensation was approved. Detailed voting results are filed with Canadian and U.S. regulatory authorities.
Thomson Reuters (NYSE/TSX: TRI) and Microsoft have unveiled an enhanced AI tool, combining Thomson Reuters CoCounsel with Microsoft Copilot.
This integration, demonstrated at the Microsoft Build 2024 keynote, aims to streamline complex tasks across various Microsoft 365 applications such as Word, Outlook, SharePoint, and Teams. By leveraging CoCounsel's subject-matter expertise with Copilot's operational insights, the tool promises to save time, reduce risk, and simplify compliance tasks.
Kriti Sharma, Chief Product Officer at Thomson Reuters, highlighted the tool's potential to handle high-stakes tasks more efficiently. The collaboration marks another step in Thomson Reuters' goal to provide a GenAI Assistant for every professional it serves. The tool will be available in July 2024.
Thomson Reuters (TRI) announced that Chief Financial Officer Mike Eastwood and Head of Finance, Corporates Erin Brown will present at the CIBC Technology & Innovation Conference on May 22, 2024, at 1:30 p.m. EDT. The presentation is expected to cover key financial metrics, business strategies, and recent innovations. This event provides a platform for Thomson Reuters to showcase its financial health and growth prospects to potential investors and industry stakeholders.
Thomson Reuters (TSX/NYSE: TRI) announced on May 15, 2024, the sale of its remaining stake in London Stock Exchange Group (LSEG).
Along with Blackstone-affiliated investment funds, the company sold 17.3 million LSEG shares at £91.50 per share.
The shares were sold to institutional and retail investors.
Thomson Reuters owned 4.3 million of the shares sold and expects to earn approximately $0.5 billion in pre-tax net proceeds from this transaction.
Following the sale, Thomson Reuters will no longer hold any interest in LSEG.
Rocket Companies, a Detroit-based fintech platform, appointed Shawn Malhotra as Chief Technology Officer. Malhotra, with extensive experience at tech giants like Thomson Reuters, Intel, and Qualcomm, will lead AI initiatives to streamline processes and enhance homeownership.
Thomson Reuters reported strong first-quarter results with total revenues up 8%, organic revenues up 9%, and the 'Big 3' segments seeing 10% growth. The company raised its 2024 revenue outlook, repurchased shares, and raised dividends. Adjusted EBITDA increased by 19%, and adjusted EPS rose to $1.11. The company continues to focus on content-driven technology and strategic acquisitions for future growth.
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