| If
you have any
comments
or suggestions
please e-mail :
Jack Lee
**************************
NOTES
**************************
Some links may require
you to register before
you can see the page
we have linked to.
These pages are tagged "Registration
required"
**************************
Some items do not have web links, or are
on web sites which do not have stable URLs.
**************************
Items which have appeared
in print are labelled
"print source"
**************************
|
|
|
|
Reed
Elsevier looks online for growth
Times Online, July 26
Reed Elsevier, the Anglo-Dutch publisher, today said that it was on the lookout for
online acquisitions as it posted flat first-half revenues, weighed down by the weak
dollar. The company is targeting what it calls the "e-health" and "risk
management" sectors, in the belief that the push to online medical information and
greater security can deliver double digit revenue growth. It has around $500 million a
year in free capital to spend.
In disposing of its troublesome American educational business for $4 billion, Reed
Elsevier has managed to surprise its investors for the second time in the space of two
months. In early May, it opted for a pre-emptive sale of the international arm of Harcourt
to Pearson for $950 million.
Reuters
feels pain of the weak dollar
Times Online, July 27
Reuters, the UK financial news and data group under offer from America's Thomson, lost
7.1 per cent of its interim revenues to the effect of the weak dollar and the yen against
the pound, sending its shares down 1.2 per cent in early trading.
Sales during the six months to June 30 reached £1.2 billion, marking an increase of
0.7 per cent on the same period last year as the impact of currency pressures reduced
revenue by £85 million. It also took £25 million off Reuters’ profits which, in
total, increased by 11 per cent to £136 million. Operating profits rose by 36 per cent to
£134 million.
Paradigm RedShift accepts no responsibility for errors,
inaccuracies or omissions from this newsletter, and is not responsible for the content or
performance of external internet sites.
We welcome comments and suggestions for content
for this newsletter.
e-mail them to
the editor
ParadigmRedShift Limited |
SEND this
page to an associate 
