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CompuServe Taps CBS.MarketWatch.com Content and Launches New Personal Finance Channel February 11, 1999 |
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CBS.MarketWatch.com Content Available on CompuServe's Main Menu and in Newly Created CompuServe Financial News Center; BigCharts and Thomson Investors Network Added to CompuServe's Comprehensive Business and Financial Resources
COLUMBUS, Ohio, February 11, 1999 - CompuServe, one of the world's premier Internet services, today announced an agreement with MarketWatch.com to serve as a key content provider on CompuServe's Main Menu and in CompuServe's new Personal Finance Channel, a comprehensive tool for business and financial needs. CompuServe also reached agreements with BigCharts and Thomson Investors Network to expand the wealth of financial information available to CompuServe's more than 2 million members worldwide. Under its agreement with CompuServe, CBS.MarketWatch.com's content will be available from CompuServe's Main Menu and in a custom-created Financial News Center, located in CompuServe's Personal Finance Channel. In CompuServe's Financial News Center, members will find frequently updated headlines, stories and analysis from CBS.Marketwatch.com. In addition to coverage of breaking market news and events, the site will also provide related editorial programming, including exclusive news stories from CBS.MarketWatch.com correspondents, as well as an array of columns on popular topics such as IPOs and technology stocks. "We believe that CBS.MarketWatch.com's timely information on global markets and expert market analysis will be popular with our members who look to our Personal Finance Channel for comprehensive and serious business and financial information and resources," said Audrey Weil, CompuServe's Chief Operating Officer. Larry Kramer, President and CEO of MarketWatch.com, said, "From day one, our mission has been to provide the best market analysis on the Internet. In today's economy, investors need to know what's happening as it happens, not the next day or the following week. Our partnership with CompuServe is a testament not only to the quality of our journalism, but that the CBS.MarketWatch.com service is becoming the standard for business news on the Internet." Also announced today, CompuServe launches a new Personal Finance Channel that expands the scope of its comprehensive business and financial resources for members. CompuServe has partnered with BigCharts and Thomson Investors Network to provide additional financial tools and information, increasing the depth and breadth of information available through the Personal Finance Channel. More and more consumers are going online to accomplish daily tasks and personal investing and research are among the most popular activities done online. According to a recent Roper Starch survey, seven in ten consumers surveyed said that tracking their stock portfolio (73%) and trading stocks (71%) are much easier online, and two thirds say the same thing about researching stocks (64%). In fact, 93% more members have accessed stock quotes in CompuServe's Personal Finance Channel since June 1998. Overall, usage in the Personal Finance Channel has grown 90% since July 1998. CompuServe's new Personal Finance Channel offers simplified access to key applications like online trading, stock lists and portfolios, while also offering one-of-a-kind business and financial information through news, databases, and CompuServe's exclusive Forums. CompuServe's new Personal Finance Channel includes: * CompuServe's Financial News Center is powered by MarketWatch.com and offers continuously updated market analysis; * Research offers access to highly organized and comprehensive financial data and information from a variety of sources such as Dun & Bradstreet, Standard & Poor's, Dow Jones Publications Library, and Thomson Investor Network; * Stock List tracks members' personalized stock lists and offers easy links to portfolios, charts, financial news and online brokerage firms; * Portfolios lets members set up and track stocks in their personal portfolios and includes a step-by-step, "how-to" tutorial on using stock lists and setting up portfolios that makes it easy for members to get started; * Buy & Sell Stocks links members to CompuServe's Brokerage Center, which includes online brokers E*Trade, Ameritrade, Discover Brokerage and DLJdirect. Serious, informative Forum message boards cover topics like how-to, long-term and day trading and real estate investing. * Chart Stock is powered by BigCharts.com and allows members to chart stocks over specified timeframes, show events like splits, dividends or earnings, and compare their stock to the S & P 500, Dow Jones Industrial Average or Nasdaq; * Smart Spending includes travel deals from Travelocity, online calculators for budgeting, home buying, insurance, retirement, savings, and more, credit card and mortgage rates from Bank Rate Monitor, in addition to links to CompuServe's Consumer Savings Forum; * Retirement Guide includes information on the Roth IRA, retirement planning from Fortune's annual retirement guide, and more; * Family Finance offers news and information on a variety of topics, including credit cards, insurance, home buying, savings, and much more. * Your Taxes is a full-service resource for tax preparation and includes: software; federal forms; state forms; research information including links to Ernst & Young, H & R Block and Tax Web; informative tax articles; and access to CompuServe's Accounting & Tax Forum, where members can ask a pro specific questions.
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