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Charles Schwab & Co., Inc.
Internet Daily for Tuesday, August 7, 2001 by Frank Barnako CBS MarketWatch.com ----------------------------------------------------------------- Peapod expands on East Coast Peapod Inc. said it is expanding its delivery area to include more areas of the District of Columbia and suburban Maryland in the wake of the shutdown of HomeRuns.com. Peapod reportedly has seen its orders increase 30% since the rival firm went out of business. "Now, without a competitor there, it may be cost-effective to expand," Peapod Senior Vice President Mike Brennan told the Washington Post. The firm relies on partner Giant Food Inc. for in-store advertising. Giant is owned by international food chain Royal Ahold. ----------------------------------------------------------------- HUD, VA foreclosures go to EBay EBay Inc. said it acquired HomesDirect.com, a Web site offering foreclosures at an auction online. The real estate site currently auctions all Housing and Urban Development foreclosure properties and a majority of Veterans Administration properties, the companies said. Indicating real estate will be an important growth strategy for eBay, COO Brian Swette said, "(This) is an exciting demonstration of our commitment to providing eBay users with the best possible marketplace for the buying and selling of homes, land, vacation properties and commercial real estate." Financial terms of the agreement were not released. ----------------------------------------------------------------- Yahoo goes back to school online Yahoo unveiled a new area on its Web site offering teachers a way to create "virtual classrooms" online. Instructors can post class rosters, calendars and details of courses, and communicate with students through private classroom message boards and e-mail. Yahoo also announced new agreements with three providers of educational reference materials, Bartleby.com, Britannica.com, and Houghton Mifflin Co. ----------------------------------------------------------------- Comedy site licenses Universal catalog Vivendi's Universal Music Group and Laugh.com Inc. signed a non-exclusive licensing agreement to provide "substantially all" of UMG's sound recordings for Webcasting through a soon-to-be-released subscription monthly service. Featured performers will include Richard Pryor, Dennis Leary, the Jerky Boys and Redd Foxx. A message on the Laugh.com site offers few details. "We're not really sure of the particulars ourselves, but we are so excited by the idea we had to share it with you. Whatever it is," the note says. ----------------------------------------------------------------- For late-breaking market news you can't afford to miss, go to http://CBS.MarketWatch.com/ ################################################################# Log in using the links below to: Access your account: https://investing.schwab.com/trading/start?SANC=CCBodyi&NeedCASelValue=Y View your Email Alert customization options: https://investing.schwab.com/trading/start?SANC=EAMyAlerts Perform research or request a market quote: https://investing.schwab.com/trading/start?SANC=Quotes Place a trade order: https://investing.schwab.com/trading/start?SANC=TradeStock To visit Schwab's home page, use this link: http://www.schwab.com/ ----------------------------------------------------------------- To unsubscribe or modify your Email Alert customization options, log in using the link below or copy and paste it into your browser's address window: https://investing.schwab.com/trading/start?SANC=EAMyAlerts Now you can receive graphics Email Alerts in HTML format, using helpful, full-color graphics and active Web links that connect you directly to information you want. Use the link below to log in and change your email format preference: https://investing.schwab.com/trading/start?SANC=EAEditEmailAddr ---------------------------------------------------------------- Notice: All email sent to or from the Charles Schwab corporate email system may be retained, monitored and/or reviewed by Schwab personnel. (1000-8752) Copyright 2001 CBS MarketWatch. All rights reserved. Commercial use or redistribution in any form, printed or electronic, is prohibited. Distribution by Quris, Inc.
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