Reuters first to report Solvay’s Q2 earnings

Belgian chemicals and plastics maker Solvay shares gained a further 2 pct after Reuters reported numbers from the company’s Q2 earnings yesterday afternoon, which Solvay made public accidentally. Solvay is due to release Q2 earnings on Thursday, but the results were briefly made available on the company website and Reuters was at the ready. Belgian press cited Reuters and one trader said “It’s unbelievable, some professional investors with a Reuters terminal could act on information and that the rest of the market didn’t have…”. Solvay decided a few hours later to admit to its mistake and confirm the numbers in a short press release.