Stock Watch: MarchFirst Climbs on Autoland Agreement

MarchFirst, Inc. (Nasdaq: MRCH) gained 2 5/16 to 19 15/16 Monday after the company said it signed a “multimillion-dollar” contract to design and build Web sites for auto buying service Autoland.

Autoland teams with credit unions and other affinity groups to provide information about cars to members, making it possible for buyers to research, configure, locate and purchase cars, obtain financing, insurance and warranties, and trade in used vehicles over the Internet.

MarchFirst said it will help Autoland expand its B2B services, and will design and set up a call center to help handle leads as it builds its online car selling operations.

The Chicago, Illinois-based MarchFirst has more than 9,400 employees in 14 countries.

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