INTERNET (esecurities.W) April 21, 1999 - [Internet Consolidation]: "FinancialWeb.com Inc. Acquires DailyStocks.com"
ALTAMONTE SPRINGS, Fla.--(BUSINESS WIRE)--April 20, 1999-- FinancialWeb.com, Inc. (OTCBB: FWEB - news) today announced that is has acquired the Internet site DailyStocks.com, the web's first and largest search engine exclusively for investors seeking information about stocks and financial markets from over 100 Internet sites.
''The DailyStock's site is a perfect compliment for FinancialWeb's growing network,'' said Kevin Lichtman, President and Chairman of Financial Web.com. ''It is a popular starting point for many online investors because it is so comprehensive and easy to use. FinancialWeb's news, market data and editorial features will be integrated with the unique security information search features on the DailyStocks.com web site, creating a more robust experience for users of both sites,'' Lichtman continued.
DailyStocks.com is a ''portal'', or ''entryway'' site, which provides the user with direct access to hundreds of pre-selected financial Internet sites. The DailyStocks home page contains an index with 17 headings, under each of which the user can instantly access up to 30 of the Internet's best financial web sites. For example, clicking the real time indices link under the ''Market Numbers'' heading will send users to the CBS MarketWatch (NASD: MKTW - news) site, under the ''SEC Filings'' heading users will find recent filing data from the Yahoo (NASD: YHOO - news) and Edgar sites and by clicking on the DBC Tables (NASD: DBCC - news) link under the ''IPO'' heading users will be sent to the latest IPO news and to the IPO pick of the week. Links to the Ziff Davis Anchor Desk (NASD: ZDNN - news) or CNET News.com (NASD: CNET - news) can be found under the ''Technology Stocks'' heading keeping tech stock information flowing to investors while the Microsoft MoneyCentral site (NASD: MSFT - news) provides information for investors needing constant updates on what is moving the market. In addition, a unique attraction to the DailyStocks site is the ''Stock Gigablast Research'' feature, which instantly collects, categorizes, and displays financial information about a company from a variety of Internet sources, solely upon the entry of the company's stock ticker symbol.
FinancialWeb.com Inc., (www.financialweb.com) founded in 1997, is a financial news web site which distributes financial editorial content, stock quotes, charts, securities data and news to investors via the Internet free of charge through its 18 individually branded sites under the FinancialWeb network with upwards of 7 million monthly impressions. The company operates: Quote Central (www.quotecentral.com), Stock Detective (www.stockdetective.com), Rapid Research (www.rapidresearch.com), Wall Street Guru (www.wallstreetguru.com), StockTools (www.stocktools.com), Strike Price (www.strikeprice.com), The SmallCap Investor (www.smallcapinvestor.com), Bear Tracker (www.beartracker.com), NewsVest (www.newsvest.com), InvesToons (www.investoons.com), Mr. EDGAR (www.mredgar.com), YourFunds.com (www.yourfunds.com), Bull Mart (www.bullmart.com), FinancialWeb University (www.fwuniversity.com), Annual Reports Online (www.arol.com), DailyStocks.com (www.dailystocks.com) and Weather@FinancialWeb (weather.financialweb.com)..."
SOURCE: © 1999 Wednesday April 21, 1:16 pm Eastern Time Company Press Release biz.yahoo.com |
