Dutch cable group Ziggo NV , which is in takeover talks with U.S. peer Liberty Global Plc, forecast unchanged core earnings for 2014 with investments in promotions and increased bandwidth offsetting expected revenue growth. The group, which rejected an approach from Liberty in October as too low, reported a 2.8 percent increase in fourth-quarter revenue to 394 million euros ($539.0 million) and a 2.1 percent rise in core profit (EBITDA) to 222.8 million euros.The numbers were broadly in line with the average of Thomson Reuters I/B/E/S estimates.
Shares of LBTYA fell by 1.92% or $-1.67/share to $85.53. In the past year, the shares have traded as low as $62.71 and as high as $90.93. On average, 1530650 shares of LBTYA exchange hands on a given day and today's volume is recorded at 1491672.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.91% or $-0.34/share to $37.03. In the past year, the shares have traded as low as $29.33 and as high as $38.73. On average, 773937 shares of TRI exchange hands on a given day and today's volume is recorded at 883484.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.8% or $-0.33/share to $41.10. In the past year, the shares have traded as low as $29.40 and as high as $42.10. On average, 929729 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 943367.
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