Vendors Positive After Upbeat Q3

FRONT PAGE: ORGANIZATION & STRATEGY

The three major listed data vendors all reported revenue rises in their third-quarter financial results last week.

Thomson Financial reported revenues of $475 million on Wednesday, up four percent over the previous year’s third quarter, with profits rising six percent to $85 million. Thomson says it now provides the most workstations to the North American retail brokerage market.

A key milestone in Q3 was the completion of the workstation rollout at Merrill Lynch (IMD, Nov. 18, 2002). The project

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