Merrill Lynch Extends Contract For Dow Jones News


Merrill Lynch & Co. has signed a three-year contract extension with Dow Jones & Co. for the vendor's Dow Jones News Service. The agreement, which runs through the end of 1996, suggests that -- contrary to recent reports in the general press -- the firm will stick with Dow Jones' news service as the core source of news for its 19,000 or so retail quote system users.

In addition to Dow Jones' victory at Merrill, the vendor has had varying degrees of success peddling its news service to three ot

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