Indiana paper cuts mutual finds, adds AP's Money & Markets
The South Bend Tribune newspaper in Indiana stated in Sunday’s paper that it will cut its mutual fund listings, but it will also become one of the first newspapers in the country to offer a new product from the Associated Press called “Money and Markets.”
Business editor Ed Semmler wrote, “Thanks to the Internet, cell phones, PDAs and other modern marvels, people can get everything from baseball scores to stock prices wherever and whenever they want.
“So we have decide to cut back on Sunday mutual funds, and in the coming months, we will reduce the daily listings as well.
“Instead of the print listings, we have begun offering a new Web-based Investor Center – at www.southbendtribune.com/business – where readers can get information on their stocks and mutual funds that is updated throughout the day.
“The Investor Center provides a lot more information than we could ever fit in the newspaper.
“And we’re going to be one of the first newspapers in the country to offer a new service being develped by the Associated Press called Money and Markets.
“This new feature, which will take the place of our daily financial listings, should begin appearing in the newspaper in October to take the place of the daily financial listings. It seeks to provide information and analysis in a fashion that is more pleasing and useable for all readers.”
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