StockCall Review on Nielsen and Thomson Reuters: Information Services Sector Grows
LONDON, February 22, 2013 /PRNewswire/ --
Delivery services sector is thriving with the improvement in the economy. Companies require information for making their decisions and information services companies provide such information in a useful manner. Thomson Reuters Corporation (NYSE: TRI) had minor embarrassment with Office Depot and OfficeMax deal. However, the company's stock is on solid footing as the stock is up 10 percent in the past 52 weeks. Another major player in the field, Nielsen Holdings N.V. (NYSE: NLSN) recently made a secondary offering of its shares. The company is also growing its presence in overseas markets. StockCall analysts initiated preliminary technical research on Nielsen Holdings and Thomson Reuters. These free reports are accessible by signing today at http://www.stockcall.com/register
Nielsen Holdings N.V. Boost Contract with TCS
Nielsen Holdings announced its fourth quarter result and beat consensus estimates for EPS, but it lagged behind revenue projections. The company's EPS for the quarter stood at 62 cents per share, up from 51 cents per share it had earned for the corresponding quarter of the last year. Its revenue also increased 3.03 percent to $1.46 billion. Nielsen Holdings was expected to report its revenue at $1.48 billion. In-line with its good results, the stock gained 12.69 percent in the past one year. Its growth so far this year is at 4.18 percent. The free technical analysis on Nielsen Holdings N.V. is available by signing up at
http://www.StockCall.com/NLSN022213.pdf
Nielsen Holdings is boosting its presence in emerging countries as it announced increasing the scope of its contract with TCS in India. The deal was earlier valued at $1 billion and now has been raised to $2.5 billion. The term of the contract has also been extended by three years.
Nielsen Holdings N.V. announced the secondary offering of its shares. The company will be issuing a minimum of 35 million shares under the offer and expects to generate $1.2 billion in cash from it. However, the funds will not accrue to the company but will instead go to its existing shareholders. The issue priced at $32.55 failed to generate much buzz. However, the company still has strong fundamentals, a good track record and its stock is expected to keep performing well.
Thomson Reuters Announces Layoffs
Thomson Reuters had an unexpected problem to deal with as it inadvertently leaked out the details about Office Max and Office Depot deal. The glitch, though embarrassing, is not likely to have material impact on the company's reputation. Thomson Reuters Corporation, however, is not going to be very popular with its employees either as it plans to slash 2,500 jobs. The step is being taken to curtail costs and boost profitability. The layoffs would cost $100 million in severance costs but will be accretive in the long-term. Register now to download the free research on Thomson Reuters Corp. at
http://www.StockCall.com/TRI022213.pdf
Thomson Reuters reported its fourth quarter EPS at 60 cents per share, up 11.11 percent from 54 cents per share EPS it had reported for the corresponding quarter of the last year. It also beat consensus estimate of 55 cents per share. Thomson Reuters, however, missed the projection for revenue and reported 6.12 percent decline to $3.36 billion. However, the stock is in good swing and gained 2.5 percent so far this year. The company also offers good dividend yield of 4.30 percent and is a good candidate for an income portfolio.
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