Reuters/FTSE100 overlay:
Announcements

Forward Diary

Directors deals.

Longer term chart.

Well I'm still sticking in there Snowie, I reckon it's worth
quite a bit more than the current level, and considering what
has happened over all the stock sectors last few days, RTR has
held up well. Did you read they bought more of another company
I think last weekend - I'll see if I can find the news & will
post it below...be back in a mo.

Ah..found it....

Reuters Group PLC
17 March 2004





16 March 2004 09/04

REUTERS ACQUIRES REMAINING STAKE OF
ICOR BROKERAGE JOINT VENTURE

London - Reuters Group, the global information company, today announced that it
has acquired the remaining 50 percent stake of ICor Brokerage Limited, its joint
venture with ICor JV Holdings LLC. This takes Reuters a step nearer to achieving
its aim of becoming the leading provider of electronic broking services for
global Treasury markets. The acquisition also extends Reuters product coverage
beyond the successful Spot and Forward Foreign Exchange (FX) products to include
FX Options.

The consideration for the acquisition will be paid in cash and will be based on
future revenues derived from transactions using the ICor products.

Mark Robson, Global Head of Treasury and Fixed Income, said, 'The timing for the
acquisition of ICor Brokerage is good given the active FX markets over the last
year. With the ICor acquisition, Reuters will be able to directly meet our
customers' needs for cost-effective brokerage and the straight through
processing of FX Options. ICor's customer base includes virtually every
significant bank in the world which trades FX Options and all will transact
their business from Reuters Dealing 3000 key stations.'

ICor Brokerage Limited was a 50/50 joint venture set up by Reuters and ICor JV
Holdings LLC, the electronic derivatives broker, to develop electronic brokerage
services for the global inter-bank foreign exchange options and interest rate
derivatives markets.

Ends

Yo Snowie!!
We're goin' up again!!!!

Is this why we have had a rise last couple of days?

LONDON (AFX) - Reuters Group PLC said it has sold its French commercial and legal information unit ORT SAS to Natexis Banques Populaires unit Coface for about 46.6 mln eur.

Reuters said it took out 25 mln eur in cash from the unit before the sale and may also get another 1 mln eur from valuation adjustments after the deal.

The sale is part of Reuters' effort to sell non-core assets under its Fast Forward restructuring programme.

ORT is a provider of credit, financial, commercial and legal information, and also distributes public data for government agencies in France, Belgium and the UK.

The unit reported an underlying pretax profit of 6.7 mln eur for the year to Dec 31 and its net assets at the end of last year were valued at 16.2 mln eur, including about 10 mln eur in cash, which remains in ORT at completion.

Reuters said it will use the proceeds from the sale to pay down debt.

newsdesk@afxnews.com

cw

Jolly good. Well spotted stockbunny. Excellent in fact.

Snowie - don't know if you are still in RTR, but if you are
there is a frenzy of trading going on right now!

Up 15p at 15.22!!

Increased market share sb. Jolly good. Tearoom portfolio should begin to look better.

ttt

I have initial short term target 3.60 to fill the gap on the longer term chart. But if weakness sustained 3.15-20 longer term. But as always will depend on Nasdaq!!!

From todays Observer....
REUTERS Bloomberg is going head-to-head with Glocer by offering services to customers that used to be the preserve of Reuters; if Bloomberg has a range of identical products there will be a price war the like of which we have not seen before.

Thanks for bringing this to our attention David - I don't
know if Snoball is still holding these or not, but I am.
Bloomberg has its devotees as does RTR - seems a bit like those
who will only shop in Waitrose and those who wont swop from Sainsbury's!
So we shall see, the competition or threat of it increasing may push the
price around a bit...

stockbunny, only realy look at technicals, 3.75-80 was support. Hs it now being tested as resistance. Not 100% sure as yet. But we will find out soon.

Going the right way at the moment.

If Nasdaq is weak as it looks, then possibly. Needs to hold below 65 then next piv is 58. All depends on US. 65 on chart is a supp / resistance level. Hence held at 62-5 most of day. FTSE needs to break 4440 to downside first. Another big level.

looking at your chart david2000, the 200 ma is the indicator to watch.
i.e. the blue line stockbunny. :-)

It follows the FTSE100, I will post chart later.

umm interesting..except it could make me sea-sick if I watched it
too long! Still think it is finding a new level, different from those
of a few years ago in the 'heady time' of high prices...

with june 30th deadline coming up, one never knows for sure but, if the DOW reverses, reuters could go down like a bullet, just be careful fellow investors...I say this as it appears to be the most volatile of the ftse100 fast movers...just cover urselves either way,

good luck as always however..

RTR will generally follow the FTSE. But results not good along with Bloomberg threatening to enter price war. Its definitely one to short on any FTSE weaknes. Will try and sort chart with FTSE overlay out tomorrow. I think this could easily get to 3.15ish on 100-50 point pullback on the FTSE. If the Idex decides its going to 4600 for a visit, then I would guess 4.00-10 would be the top.