Kudos to the Publishing teams that worked on launching this great beta:
New
Site Offers Real-Time Company News from Relegence, Interactive
Stock Charts and Tools, In-Depth Research Data and Automatic Stock
Price Updates
DULLES, VA – Nov. 28, 2007 – AOL today unveiled its new Money & Finance beta site, at http://money.aol.com,
which offers an all-new suite of investing tools, including, real-time
news headlines from more than 3,000 sources, interactive charts,
in-depth research data, automatic stock price updates and a new
easy-to-navigate format. In the coming weeks and months, the site will
continue to improve with a number of new interactive features and tools
for online investors.
The site's real-time streaming company news is provided by Relegence, which was acquired by AOL in 2006, and is the market's leading financial news and information search engine. With Relegence-powered real-time market-moving news and information, AOL®
Money & Finance now offers the fastest and most comprehensive
intelligence about North American equities, giving users access to more
than 3,000 news and information sources including national and regional
print coverage, trade publications, government sources and blogs in a
customizable interface.
Additionally,
users will now be alerted in real-time when a company is “hot,” as
measured by higher than average news volume at any given time. This
Relegence-enabled proprietary and patent-pending “heat indicator”
provides investors with immediate insights into which stocks are
driving the coverage of news organizations and blogs.
“Our
goal is to provide consumers and retail investors with the most useful,
interactive and accessible financial destination on the web, and we
think we've accomplished that with the new Money & Finance site,”
said Marty Moe, Senior Vice President, AOL Money & Finance. "This new experience delivers a comprehensive toolkit for both the novice and seasoned investor alike.”
"This
is the first time that individual consumers will have access to a
real-time feed of financial news and information that heretofore was
only available to professionals on Wall Street," added Steve Fadem,
President & CEO of Relegence. "This will allow greater transparency of the market for a wider audience and provide AOL Money & Finance users greater capabilities to manage their portfolios."
Among the new features on the site:
- Real-time
headlines from more than 3,000 hand-picked sources, powered by
Relegence, the leading financial search engine in the market.
- Automatic “heat indicators” notifying users when a stock is driving news coverage.
- Interactive charts that offer decades of price data, comparison functionality and more.
- In-depth research data, including financial statements, mutual fund ratings, peer comparisons, insider transactions, SEC
filings, earnings information, analyst recommendations, research
reports and more from well-known partners including Hemscott,
Interactive Data, Morningstar and Thomson Financial.
- Stock prices that automatically update without having to refresh the page.
Users can access the beta site by first visiting http://money.aol.com or by going directly to http://beta.finance.aol.com/quotes/time-warner-inc/twx/nys.
Other new features appearing in the coming weeks and months include:
- Richer public company, mutual fund and private company data sets
- Technical charting
- All new portfolios platform
AOL's Money & Finance, http://money.aol.com,
page views have grown more than twenty-six percent from October 2006 to
October 2007 making the site's users one of the most engaged of any
leading finance destination with more than 10.5 million unique visitors
in October 2007, according to comScore Media Metrix.
About AOL
AOL®
is a global Web services company that operates some of the most popular
Web destinations, offers a comprehensive suite of free software and
services, runs one of the largest Internet access businesses in the U.S., and provides a full set of advertising solutions. A majority-owned subsidiary of Time Warner Inc., AOL LLC and its subsidiaries have operations in the U.S., Europe, Canada and Asia. Learn more at AOL.com.
About Relegence
The
Relegence Corporation is the leading real-time financial services news
engine, providing market and business intelligence to global buy-side
and sell-side institutions. Relegence's automated infrastructure
uniquely aggregates relevant structured and unstructured information
from a firm's internal resources and external news and street research,
including blogs, corporate and government web
sites and over 30,000 other global information services including
international, national and local publications in multiple languages.
In addition to Relegence's cutting-edge technology, it has created the
world's largest business-focused news pipeline delivering customized
live content to users in real-time to the desktop and any
communications device.
Contact:
Chris Savarese
AOL Corporate Communications
212-206-4589
chris.savarese@corp.aol.com
