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MorningstarMorningstar continues to evaluate creating a credit-rating business, although the financial services company came no clearer to providing specifics than it has in previous statements. This time, the company talked about the possibility in a monthly series of questions that it files with its SEC documents. The company says it is also looking for ways to strengthen its fixed-income analytical abilities.

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Connie CertusiSage plans to court accountants more aggressively as it works to breathe new life into the Sage Accountants' Network.  The company is looking at what it can do to improve the relationships accountants have with their clients and providing more information on how firms can better run their businesses, and not just try to get firms to use Sage applications. “It’s really a revitalization,” said Connie Certusi, SVP and general manager of Sage’s small business accounting solutions unit. Certusi, in an interview conducted today at the Sage Summit user conference in Atlanta, Ga., said that the company was actively promoting SSAN by providing free members to attendees at the Sleeter Group’s Next Generation Accounting Solutions Conference running concurrently in Orlando, Fla.,

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Jon BaronDEXTER, Mich.  - Thomson Reuters Tax & Accounting moved towards its next generation product line with the announcement of Accounting CS, a combination of write-up and payroll, and Virtual Client Office, a client portal system to enable accounting professionals to deliver software tools to their clients from firms' Web sites. The plans were detailed by Jon Baron, president of tax and accounting's Professional Software & Services, at the unit's 29th Annual Users' Conference. The company is on a pace similar to its rival CCH which has also announced its next generation system this fall.

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Tom Glocer, ThomsonThomson Reuters reported that revenue for its Tax & Accounting business rose by 9 percent before currency adjustments as operating profit dropped by 10 percent for the second quarter ended September 30. That came despite double-digit declines in print revenue which wiped out gains in its online tax research business.

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