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Friday, February 22, 2008

Morningstar has new name and enhancements

The following is a press release from Morningstar Library Edition:

We're pleased to announce the relaunch of Morningstar Library Edition as Morningstar Investment Research Center.

We built the new interface and renamed the database to better showcase what we're really all about. We're not just about mutual funds--even though we are the leader in that field. We're also about stock research and options data. We provide industry-level information and analysis. We stress investment education. And we have screening and portfolio tools to help investors of all types find the securities that are right for them.

Some of the enhancements include:

Industry Reports
We added industry and sector returns to the database in 2007--and now we've added Industry Reports. Updated quarterly by Morningstar stock analysts specializing in the industry, these reports provide investors with an invaluable industrywide backdrop to use when evaluating a particular company or set of companies. The Industry Reports are accessible via the Industries tab.

Investment Primers
We've created several reports that provide nuts-and-bolts information about some popular yet misunderstood specialized investments. These reports cover options, exchange-traded funds, and closed-end funds. They are accessible via the Help & Education tab.

Simplified Search Function
We've improved the search functionality for finding an individual report. From the top left-hand corner of the database's home page, users can type in a partial name and/or ticker and they will see a simple drop-down menu from which to choose the security they're interested in. Then they can just click the Get Report button.

Morningstar Investment Research Center is great tool for new and veteran investors. It's chock full of unbiased analyst reports, tools for evaluating your portfolio, and lessons on how to invest. The best part is that it's free to all valid library cardholders! Begin now or learn more.

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