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NetObjects, Inc. (Nasdaq: NETO) lost 3/8 to 2 1/8 Friday after the maker of Internet-based software missed analysts' estimates for the fourth quarter ended September 30th, reporting a wider loss and lower revenue The Redwood City, California-based provider of online business software and services said revenue for the quarter fell to $5.4 million fr...
Active Voice Corp. (Nasdaq: ACVC) was among the few Nasdaq winners Friday, rising 4 1/8 to 19 1/16 after the messaging software maker agreed to be acquired by Cisco Systems, Inc. (Nasdaq: CSCO) for about $266 million in stock Cisco, which fell 3 3/16 to 50 1/16, said the acquisition will help it "deliver unified communications and a single, end-to-...
As a result of intense pressure from anti-spam activists, major Internet service providers (ISPs), including AT&T Corp. (NYSE: T) and PSINet, Inc. (Nasdaq: PSIX) are taking steps to ensure their salespeople do not sign contracts with companies that send unsolicited commercial e-mail PSINet, an Ashburn, Virginia-based Internet infrastructure company...
Internet Capital Group, Inc. (Nasdaq: ICGE), an incubator for business-to-business (B2B) startups, said Wednesday that it will lay off 35 percent of its workers after reporting a third quarter loss that was wider than a year earlier The company said the layoffs would result in a charge of $25 million to $30 million (US$) in the fourth quarter, incl...
Priceline.com (Nasdaq: PCLN) fell 1 1/32 to 3 1/4 Wednesday following reports that Maryann Keller, the former auto industry securities analyst who headed the e-tailer's auto group, resigned last week Keller's departure reportedly coincided with the exit of chief financial officer Heidi Miller.
eToys (Nasdaq: ETYS) fell 25/32 to 2 9/16 Wednesday following reports that Merrill Lynch analyst Henry Blodget downgraded the stock's long-term rating to neutral from accumulate J.P. Morgan analyst Tom Wyman also reportedly made some negative comments about the stock's long-term outlook, saying the e-tailer will not see an operating profit until 20...
Just 17 percent of the 127 million adult Internet users in the United States are sure they want to be able to view their bills online, according to a study released Wednesday by Gartner Group Though online billing has become a "major" industry, almost half of consumers prefer to receive their bills by mail, and the rest are unsure about which metho...
America Online Latin America, Inc. (Nasdaq: AOLA) was up 5/8 at 7 early Wednesday after the company beat analysts' estimates for the fiscal first quarter by a penny The company, a joint venture of America Online, Inc. and Cisneros Group, said revenue for the quarter totaled $4.6 million, as the company lost $98.1 million, or 36 cents per share, bef...
DoubleClick, Inc. (Nasdaq: DCLK) picked up 5/8 to 19 7/8 Tuesday after the online advertiser announced patent litigation settlements with two rivals New York-based DoubleClick said 24/7 Media (Nasdaq: TFSM) and L90 (Nasdaq: LNTY) have settled their respective claims and counterclaims.
SierraCities.com (Nasdaq: BTOB) rose 1 39/64 to 5 55/64 after the company agreed to be acquired by VerticalNet, Inc. (Nasdaq: VERT) for $133 million in stock. VerticalNet fell 1 11/16 to 27 13/16 The stock swap values SierraCities at $7 per share.
S1 Corp. (Nasdaq: SONE) was down 11/16 at 10 in early trading Wednesday after the e-commerce software maker said its loss for the third quarter was wider than a year earlier, due in part to a big charge for consolidating recent acquisitions Atlanta, Georgia-based S1, which provides software and services for online financial transactions, said reven...
Borders.com has passed longtime leader Amazon as the top online bookseller, according to Forrester Research In what Forrester termed "a tight three-way race," Borders achieved a PowerRanking of 66.83 to finish just ahead of Amazon (66.76) and Barnesandnoble.com (65.46). Buy.com came in fourth at 55.52.
Razorfish (Nasdaq: RAZF) gained 21/32 to 6 7/32 Monday after the Web design and technology consulting firm said it will help Deutsche Bank build a platform for business-to-business (B2B) financial services marketplaces Stefan Hetges, managing director for Razorfish's Frankfurt, Germany office, called the plan a "groundbreaking project." ...
Neoforma.com (Nasdaq: NEOF) gained 7/16 to 1 3/4 Monday after the company, which provides e-commerce services to the health care industry, won a contract from Medbuy Corp., the largest medical purchasing organization in Canada San Jose, California-based Neoforma becomes Medbuy Corp.'s exclusive provider of online purchasing services, as the compani...
Click2learn.com (Nasdaq: CLKS) picked up 3/8 to 16 3/4 after W.R. Hambrecht & Co. began coverage of the stock with a buy recommendation. Analyst Trace Urdan expects the stock to reach 27 in a year "In our estimation, Click2learn is one of the very few companies in the market today that can fairly claim to provide the complete end-to-end e-learning ...
En Pointe Technologies, Inc. (Nasdaq: ENPT) rose 2 3/4 to 7 7/8 Monday after receiving a contract from the state of Minnesota El Segundo, California-based En Pointe said the contract, which could be worth more than $150 million per year, makes it the information technology solutions provider for the state. The contract runs for two years, with opti...
Three major U.S. corporations said Monday they are teaming with an online realty service to form an Internet business-to-business (B2B) marketplace for real estate transactions Bank of America (NYSE: BAC), IBM (NYSE: IBM) and Prudential Insurance, which together account for some $3 billion (US$) in real-estate transactions each year, said they have...
Ask Jeeves (Nasdaq: ASKJ) was up 1 11/32 at 16 13/32 early Monday after the Emeryville, California-based company announced a plan to sell businesses a way to handle customer inquiries over the phone using speech-recognition technology Through an alliance with Nuance (Nasdaq: NUAN) and General Magic (Nasdaq: GMGC), Ask Jeeves will develop ways to im...
Kforce.com (Nasdaq: KFRC) was up 7/32 at 5 early Monday after the Web-based staffing firm said it plans to buy back up to 10 million common shares, or 23.7 percent of the total outstanding. Kforce shares are down from a 52-week high of 18 1/4 Kforce said it will begin a tender offer Monday for the shares at a price between $4.75 and $5.50 each, or ...
Internet loyalty program marketer MyPoints.com (Nasdaq: MYPT) announced a third-quarter loss Thursday and said Steve Markowitz will step down as chairman and chief executive officer at the end of the year MyPoints reported a third-quarter loss before charges of $12.8 million (US$), or 36 cents per share, smaller than the 39 cents per share predicte...
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