Quotron, ADP Hit By Revenue Drop In Latest Quarter
THIS WEEK'S LEAD STORIES
The information business sector of Citicorp, a major component of which comprises Quotron Systems Inc., posted a 25 percent drop in revenue and saw its net loss widen at the same rate during the fourth quarter of 1990. Meanwhile, revenue for Automatic Data Processing Inc.'s brokerage services division, which includes the company's front-office quote terminal business, slipped 10 percent in its fiscal second quarter.
The poor showing of Quotron and ADP, the U.S.'s dominant providers of quote
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