Bloomberg: Saved Searches & AlertsThe difference between a saved search and an alert is that a saved search has an alert frequency set to none while an alert has a frequency that is set to as available, hourly, daily or weekly. You also can visit the Management tab to edit your saved searches including, changing the frequency of alerts.
For any search you run, you can create customized notifications of updated results for your search criteria. Read your Alerts through e-mail or visit the Alerts Inbox.