The loss-making Prodigy Services Co viewdata joint venture of IBM Corp and Sears, Roebuck & Co claims that it has sailed past Charles Schwab Corp to become the largest US on-line stockbroker: Prodigy says its PC Financial network handles 70,000 accounts and that these resulted in $1,500m in trades last year where Schwab by year-end had 53,500; Prodigy also said that advertising revenues rose 50% in 1992 to an unspecified level and that its total connect time rose more than 80% over 1991’s levels; Prodigy has also added an income tax planning feature with advice columns, USA Connect for sending mail to US forces in Somalia, bulletin board for wrinklies – sorry, senior citizens, and an educational travel feature.
