J.J. Kenny Co. announced yesterday it has merged several business sector to create two new divisions, according to Cathy Callender, the firm's vice president of communications and client relations.
One new division, Kenny S&P Information Services, will include KENNYBASE, a data base of descriptive information about 1.6 million municipal tax-free issues, and Standard & Poor's Corp.'s The Blue List, which charts over 9,000 municipal and corporate bond offerings.
Also included in the new division will be the firm's dividend record, called bond record; unit investment trusts; and Cusip areas.
Heading up the new division will be Roy Anderson, a senior vice president now with the firm.
At the same time, the firm announced a merger between the firm's McGraw-Hill Municipal Screen and J.J. Kenny Drake Inc., which both offer trading information to market participants.
Municipal Screen is a real-time delivery service scheduled for completion in the fall of 1993. When completed, the service will provide 14 on-line products, the firm said.
This division will be run by Thomas Mulrooney, another senior vice president at the firm.
Both Mr. Anderson and Mr. Mulrooney will report to James Quandt, president and chief executive officer of J.J. Kenny.