Quick Corp., the parent company of Quick America Corp., last week announced a loss of $29.8 million (2.895 billion yen) in 1994. This compares to a profit of $60 million (5.823 billion yen) in 1993. As the data vendor sustained these losses, it also saw its 1994 revenues shrink compared with the year before -- dropping from $619 million (60.1 billion yen) to $578 million (56.1 billion yen).
Quick's suffering can be traced to a number of recent difficulties. Though officials at the vendor decl
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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