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Thursday, September 18, 2014

IHS raises FY revenue outlook on strong subscription growth, (NYSE: IHS), (NYSE: TRI), (TSE: TRI.TO)

Business research firm IHS Inc raised its full-year revenue forecast, helped by strong growth in its subscription business, and said it was looking to purchase more information and analytics providers to the industrial markets.IHS, whose businesses include Cambridge Energy Research Associates and technology market research firm iSuppli, raised its revenue forecast to $2.23 billion-$2.24 billion for the full year ending Nov. 30, from its previous range of $2.17 billion-$2.23 billion.The company also narrowed its adjusted profit forecast range to $5.70-$5.80 per share from $5.50-$5.85 per share.Analysts, on average, were expecting an adjusted profit of $5.80 per share on revenue $2.24 billion, according to Thomson Reuters I/B/E/S.

IHS Inc. (IHS) is a source of information and insight in areas, such as energy and power; design and supply chain; defense, risk, and security; environment, health and safety (EHS) and sustainability; country and industry forecasting, and commodities, pricing, and cost. Shares of IHS remained unchanged at $138.62. In the past year, the shares have traded as low as $107.46 and as high as $143.92. On average, 224914 shares of IHS exchange hands on a given day and today's volume is recorded at 100.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI remained unchanged at $36.98. In the past year, the shares have traded as low as $33.21 and as high as $38.73. On average, 676378 shares of TRI exchange hands on a given day and today's volume is recorded at 0.

Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 1.19% or $-0.49/share to $40.69. In the past year, the shares have traded as low as $35.07 and as high as $42.10. On average, 572664 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 649150.



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