Thomson Reuters reports US$434M Q1 profit as revenues edge higher

Thomson Reuters says its profit fell in its latest quarter as revenues edged higher. A flag displaying the Thomson Reuters logo flies outside a company building, Monday, Aug. 11, 2008 in Boston. (AP Photo/Lisa Poole)

TORONTO - Thomson Reuters says its profit fell in its latest quarter as revenues edged higher.

The company, which keeps its books in U.S. dollars, reported a first-quarter profit of US$434 million, down from US$478 million a year ago.

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