Market Information, Inc. reports 1985 revenues of $8.735 million, up 27 per cent from 1984's $6.581 million. Figure comes from annual report of MII parent United Telecommunications, Inc., which reveals revenues, but not earnings, of subsidiaries. MII president Jim Taphorn admits increase did not come from commodity and futures quote business, nor from SPMI money market joint venture with Security Pacific Corp. He attributes it to growth in lucrative satellite-based private network services.
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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