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Reuters alone on MSCI profit warning; shares drop 16 pct01.09.2009
Reuters was alone on Jan. 9 in reporting a profit warning by MSCI from a post-earnings conference call, sending shares down as much as 16 percent. The investment analysis and market index company posted its fourth straight quarterly profit drop on soaring expenses and slowing revenue growth. More than 2 million shares were traded, the highest in the past four months. Neither Bloomberg nor Dow Jones had the news. |
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