Reuters
Article Abstract:
Reuters is becoming an internet firm, aiming to invest 500 million pounds sterling during a five year period, and seeking to attract private investors and semi-professional traders. The company suffered a drop in its stock price after a suggestion that there was a slowdown indemand for Instinet, and online trading service. Investec Henderson Crosthwaite rates the company's stocks a strong buy, and Westlb Panmure rates them a buy, while Charterhouse Securities rates them an add.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Reuters
Article Abstract:
Reuters has seen an increase in revenue from Instinet, the company's online trading service, which has been higher than expected. Charterhouse Securities and ABN AMRO rate Reuters' stocks a buy, and HSBC Securities rates them an add.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Web of opportunity
Article Abstract:
E-primefinancial is a company that was floated on the Alternative Investment Market in Dec 1999. The company aims to enter the internet banking market but its prospectus does not clearly explain the type of internet banking that it aims to get involved in. It is not clear whether the comapny will set up its own bank, acquire a bank, or invest in another bank, and further funds are likely to be needed. The directors have issued themselves stocks at a quarter of the price for the public subscription, and also have salaries totalling 344,000 annually.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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