BRIEF-Thomson Reuters Q3 adjusted earnings $0.48 per share

Tue Oct 29, 2013 7:14am EDT
 
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Oct 29 (Reuters) - Thomson Reuters Corp : * 3rd quarter results * 3rd quarter results * Q3 adjusted earnings per share $0.48 * Q3 IFRS earnings per share $0.33 * 2013 outlook affirmed (excluding planned charge and pension contribution) * Q3 revenue from tax & accounting business $270 million, rose 10 percent

before currency * Q3 revenue from ongoing businesses $3.07 billion versus $3.05 billion * Q3 revenue from intellectual property & science business $240 million, rose

10 percent before currency * Q3 revenue from corporate & other (includes Reuters news) business $82

million, up 4 percent before currency * Planned charge of approximately $350 million to be incurred primarily in Q4 * Plans to make contributions of about $500 million to its US and UK defined

benefit pension plans during Q4 * Billed Eikon desktops totaled about 76,000 and installed eikon desktops

totaled about 96,000 at end of Q3 * Expects the overall funded status of the pension plans to exceed 90% based on

current market conditions * Announced that it plans to repurchase up to $1 billion of its shares by the

end of 2014 * Repurchases expected to be funded by lower acquisition costs in 2014,modest

increase in leverage ratio target * Q3 revenue from financial & risk business $1.64 billion, fell 1 percent   Continued...