{"id":18696,"date":"2012-05-23T23:11:47","date_gmt":"2012-05-24T03:11:47","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=18696"},"modified":"2012-05-23T23:11:47","modified_gmt":"2012-05-24T03:11:47","slug":"tri-put-on-trend-negative-by-sp","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=18696","title":{"rendered":"TRI Put on Trend-Negative by S&amp;P"},"content":{"rendered":"<p>Standard &#038; Poor&#8217;s <a href=\"http:\/\/www.standardandpoors.com\/prot\/ratings\/articles\/en\/us\/?articleType=HTML&#038;assetID=1245334062508\">has announced<\/a>:<\/p>\n<blockquote>\n<ul>\n<li>We are revising our outlook on New York-based information solutions 1provider Thomson Reuters Corp. to negative from stable due to the weaker-than-expected operating performance of the company&#8217;s Financial &#038; Risk (F&#038;R) segment.\n<li>We are also affirming all our ratings on the company, including our &#8216;A-&#8216; long-term corporate credit rating.\n<li>The negative outlook reflects Standard &#038; Poor&#8217;s view of the weaker-than-expected operating performance within the F&#038;R segment and hurdles Thomson Reuters faces in returning this business to healthy and sustainable revenue growth given the slow economic recovery and intensely competitive operating conditions.<\/ul>\n<p>The negative outlook reflects Standard &#038; Poor&#8217;s view of the weaker-than-expected operating performance within the F&#038;R segment and hurdles Thomson Reuters faces in returning this business to healthy and sustainable revenue growth given the slow economic recovery and intensely competitive operating conditions. A downgrade could result from further execution issues in the F&#038;R segment; weak revenue and EBITDA growth trends for the company as a whole or specifically in F&R; or adjusted debt to EBITDA at or above 2.5x on a consistent basis. Alternatively, we could revise the outlook to stable if Thomson Reuters demonstrates sustainable improvement in F&#038;R&#8217;s operating performance, as well as its other business segments, while maintaining adjusted debt to EBITDA below 2.5x.<\/p><\/blockquote>\n<p>Thomson Reuters is the issuer of TRI.PR.B. This issue is tracked by HIMIPref&trade; but is relegated to the Scraps index on volume concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Standard &#038; Poor&#8217;s has announced: We are revising our outlook on New York-based information solutions 1provider Thomson Reuters Corp. to negative from stable due to the weaker-than-expected operating performance of the company&#8217;s Financial &#038; Risk &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-18696","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/18696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18696"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/18696\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}