reuters dead yet?

[Burnfing]

I wonder how the current economic situation will change after the collapse of Reuters? Who will stand in its place? Who will be the leading provider of quotes? Who knows...

[testpilot]

I have already written on beginner's forum about reuters, and i was right. Today's news confirm that the company's situation is worse then ever. Its collapse will be a windfall for small companies like dukascopy.com that are trying to encroach on the reuter's market. Whether these companies will be able to stay afloat after the end of reuters is another matter.

[Marty]

Whats happening at Reuters will in the long run make the company more efficient and stronger.

Its been well documented and realised by the financial industry that Reuters needed a total overhaul and review of its operations

I can't see any change to Reuters and Bloombergs being the leading companies providing information and trading systems to the financial communties.

[Burnfing]

More than a ten-fold reduction in share value in two years? Please... Believe me: Reuters will NEVER, NEVER rise again to its previous heights. At best it is bound to become a financial backwater, at worst it will simply disappear.

[trawlerdude]

I think somebody said that about Chrysler a while back

[Burnfing]

I do not see how Reuters can change its present monopolist price policy with regard to millions of users around the world, and at the same time I do not see how without changing this policy it can survive on today's highly competitive market. That is why I think that Reuters is a dead man.