21 October 2017
visit www.avoka.com

Thomson Reuters launches real-time estimate revision feed

17 November 2008  |  9495 views  |  0 Financial numbers

Thomson Reuters has launched a real-time global estimate revision feed that notifies clients when brokers update their earnings estimates.

Reuters Estimates Delta sends entitled users immediate notification of a broker's revision.

With an average of over 50,000 changes made during a 24-hour period, with over 100,000 in peak periods, the new service provides users with a competitive edge by enabling them to react before the market has priced an earnings revision in the news, says the vendor.

The service is available through the Reuters Knowledge Direct information product line and can be integrated into clients' quantitative models.

Suzanne Wordock, director, referential feed solutions, Thomson Reuters, claims: "By providing premium-quality, global and immediate updates, Reuters Estimates Delta will soon be regarded as a prerequisite for clients to stay ahead of their rivals."

Last week the global news and information group bucked the gloomy market outlook in its Q3 results statement as integration savings ran ahead of plan and the company confirmed its financial guidance for 2008.

The firm reported revenues of $3.3 billion for the quarter, an increase of 8% compared to 2007 pro forma third quarter revenues whilst its integration programme went well, with the business achieving run-rate savings ahead of plan at $550 million at a cash cost of $237 million.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Thomson Reuters bucks extreme markets

Thomson Reuters bucks extreme markets

13 November 2008  |  5790 views  |  0 comments
Thomson Reuters launches hosted Opra feed

Thomson Reuters launches hosted Opra feed

27 October 2008  |  4551 views  |  0 comments
CME and Thomson Reuters dump FXMarketSpace JV

CME and Thomson Reuters dump FXMarketSpace JV

10 October 2008  |  9122 views  |  0 comments
Thomson Reuters unveils mobile market data

Thomson Reuters unveils mobile market data

08 September 2008  |  6884 views  |  0 comments
Thomson Reuters loses FaceTime IM technology suit

Thomson Reuters loses FaceTime IM technology suit

30 July 2008  |  7583 views  |  0 comments
Thomson Reuters cuts 835 jobs

Thomson Reuters cuts 835 jobs

19 May 2008  |  9262 views  |  0 comments
Thomson Reuters shares slide in debut

Thomson Reuters shares slide in debut

17 April 2008  |  5828 views  |  0 comments
EU raises 'serious doubts' about Thomson Reuters merger

EU raises 'serious doubts' about Thomson Reuters merger

09 October 2007  |  6386 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register now visit www.niceactimize.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
9904 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8935 views comments | 13 tweets | 10 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
8725 views comments | 17 tweets | 19 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8028 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7693 views comments | 10 tweets | 22 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job