Mass Financial Installs Desktop Data's NewsEdge In Equity Research

MARKET DATA & NEWS

Massachusetts Financial Services (MFS) has decided to provide some 70 researchers, portfolio managers and marketing staff in its equity research and fixed-income divisions with Desktop Data Inc.'s NewsEdge news-filtering system.

The firm has already installed the system for some 35 equity researchers, providing them with access to historical and real-time news services. The firm expects to bring another seven users live over the next few weeks, with the remainder of the group to follow by nex