LJR, In Split From I/B/E/S, Signs To Distribute Zacks
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In a move that punctuates soft-dollar broker Lynch, Jones & Ryan, Co.'s split from its former product--the Institutional Brokers Estimate Service (I/B/E/S)--the firm has teamed up with Zacks Investment Research Inc. Under a recently signed accord, LJR will market Zacks' consensus earnings data and other services to its clients in return for directed commissions.
LJR was spun off from former parent Citicorp in a management buyout last year (IMT, Sept. 20, 1991). I/B/E/S, its major soft-dollar
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