Wachovia's MacroWorld Announces Expansion, New Data Sources

Apr 11, 2001, 01:00 ET from Wachovia Corporation

    WINSTON-SALEM, N.C., April 11 /PRNewswire/ -- MacroWorld Research, a
 technology-based investment analysis unit of Wachovia Corporation's (NYSE:   WB)
 eBusiness Division, has announced that in the past six months it has doubled
 its database coverage of financial, economic and stock indicators to 30,000
 indicators.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20000711/WACHLOGO )
     For subscribers, the data expansion means centralized access to an even
 broader set of financial and economic data from more than 50 different sources
 to help individuals and professionals meet ongoing market analysis needs.
 MacroWorld at www.macroworld.net accesses primary data sources through a
 variety of satellite, cable, Internet and batch sources, and its team of
 expert market research analysts employs automated and manual methods to locate
 and correct data source errors continuously.  These data series and historical
 trends enable MacroWorld to provide leading market information through
 MacroWorld's patent-pending forecasting engine for individual and
 institutional investors, as well as corporate planners.
     MacroWorld's data expansion provides users with access to quotes and
 fundamentals for 8,000 stocks and 9,000 mutual funds, including hard-to-find
 over-the-counter bulletin board stocks.  Major U.S. economic series also have
 been added to the database along with reports on over 250 foreign countries,
 including economic data and forecasts for 42 countries.  The foreign data
 series cover each country's stock market index, exchange rates, gross domestic
 product, interest rates, industrial production, inflation rates and other
 trade data.
     U.S. regional data has expanded to include information on 250 cities
 through indicators such as unemployment, housing starts, retail sales and
 consumer price index.  Weather statistics also have been added to city data,
 including precipitation and daily temperatures, and are expected to be added
 to foreign country data in the next few months.
     MacroWorld plans to add more international and city-level data to bring
 the total data series available to 150,000 by mid-2001.
     MacroWorld's analytical engine searches this extensive database daily for
 leading indicators that can develop models and forecast future trends.
     "We will continue to enhance the database to provide an easy, rich source
 of economic and financial trends and forecasts to assist individual and
 corporate decision-makers," said Douglas A. Graham, head of MacroWorld
 Research.
     MacroWorld data, functions, portfolios and investment alerts also are
 available by Internet-enabled digital phones and personal digital assistants.
     Wachovia Corporation, with dual headquarters in Atlanta and Winston-Salem,
 N.C., is a leading financial holding company serving regional, national and
 international markets.  As of Dec. 31, 2000, Wachovia had assets of $74
 billion.  Member companies offer consumer and commercial banking, bank card,
 asset and wealth management, capital markets and investment banking, community
 development finance, brokerage and insurance services.
 
 

SOURCE Wachovia Corporation
    WINSTON-SALEM, N.C., April 11 /PRNewswire/ -- MacroWorld Research, a
 technology-based investment analysis unit of Wachovia Corporation's (NYSE:   WB)
 eBusiness Division, has announced that in the past six months it has doubled
 its database coverage of financial, economic and stock indicators to 30,000
 indicators.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20000711/WACHLOGO )
     For subscribers, the data expansion means centralized access to an even
 broader set of financial and economic data from more than 50 different sources
 to help individuals and professionals meet ongoing market analysis needs.
 MacroWorld at www.macroworld.net accesses primary data sources through a
 variety of satellite, cable, Internet and batch sources, and its team of
 expert market research analysts employs automated and manual methods to locate
 and correct data source errors continuously.  These data series and historical
 trends enable MacroWorld to provide leading market information through
 MacroWorld's patent-pending forecasting engine for individual and
 institutional investors, as well as corporate planners.
     MacroWorld's data expansion provides users with access to quotes and
 fundamentals for 8,000 stocks and 9,000 mutual funds, including hard-to-find
 over-the-counter bulletin board stocks.  Major U.S. economic series also have
 been added to the database along with reports on over 250 foreign countries,
 including economic data and forecasts for 42 countries.  The foreign data
 series cover each country's stock market index, exchange rates, gross domestic
 product, interest rates, industrial production, inflation rates and other
 trade data.
     U.S. regional data has expanded to include information on 250 cities
 through indicators such as unemployment, housing starts, retail sales and
 consumer price index.  Weather statistics also have been added to city data,
 including precipitation and daily temperatures, and are expected to be added
 to foreign country data in the next few months.
     MacroWorld plans to add more international and city-level data to bring
 the total data series available to 150,000 by mid-2001.
     MacroWorld's analytical engine searches this extensive database daily for
 leading indicators that can develop models and forecast future trends.
     "We will continue to enhance the database to provide an easy, rich source
 of economic and financial trends and forecasts to assist individual and
 corporate decision-makers," said Douglas A. Graham, head of MacroWorld
 Research.
     MacroWorld data, functions, portfolios and investment alerts also are
 available by Internet-enabled digital phones and personal digital assistants.
     Wachovia Corporation, with dual headquarters in Atlanta and Winston-Salem,
 N.C., is a leading financial holding company serving regional, national and
 international markets.  As of Dec. 31, 2000, Wachovia had assets of $74
 billion.  Member companies offer consumer and commercial banking, bank card,
 asset and wealth management, capital markets and investment banking, community
 development finance, brokerage and insurance services.
 
 SOURCE  Wachovia Corporation