Thomson Reuters posts revenue rise

Thomson Reuters Corp on Thursday reported a 1 per cent rise in revenue because of growth in its Legal and Tax & Accounting businesses. The news and information company said third-quarter revenue from ongoing businesses was $3.1 billion, compared with analysts' expectations of $3.09 billion, according to Thomson Reuters I/B/E/S. Adjusted for special items, income was $361 million, or 45 cents per share, compared with $397 million, or 48 cents per share, a year earlier.

MasterCard profit beats estimates as card usage rises

MasterCard Inc reported a better-than-expected 15.5 per cent jump in quarterly profit as a rise in global consumer confidence encouraged its customers to use cards to make purchases. Shares of the world's second-largest debit and credit card company rose 2 per cent in premarket trading on Thursday. MasterCard's net income rose to $1.02 billion, or 87 cents per share, in the third quarter ended September 30 from $879 million, or 73 cents per share, a year earlier. Net revenue rose 12.8 per cent to $2.5 billion. Analysts on average had expected earnings of 78 cents per share on revenue of $2.45 billion, according to Thomson Reuters I/B/E/S.