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Homestore.com (Nasdaq: HOMS) was down 58 U.S. cents at $19 in morning trading Thursday, even as Prudential Securities began coverage of the stock with a strong buy recommendation at a 12-month price target of $32. Homestore's "strategic alliances with key industry players will help the company bu...

GoTo.com (Nasdaq: GOTO) rose 19 U.S. cents to $6.03 in morning trading Thursday after the company, which provides Internet search services, said that results for the quarter ending in March will be better than previously thought. The Pasadena, California-based paid-search company also said that i...

Online purchasing could save firms up to 4 percent this year and 8 percent by 2003, but those cost savings will come with a hefty price tag, according to a report released Wednesday by Forrester Research. "E-marketplaces offer significant opportunities for buyers to lower prices and streamline...

The push to develop a viable online retailing channel in Southern Europe remains "paralyzed" by a host of roadblocks, according to a report released Wednesday by Forrester Research. However, aggressive efforts by portals, outside marketers and grocers within the next year will help spur the regi...

Five months after unveiling one of the Internet's first home appliances, 3Com said Wednesday that it will discontinue offering its Web-surfing "nerve center for the home," dubbed "Audrey," in an effort to cut costs and reach profitability. IDC consumer devices analyst Bryan Ma told the E-Commerc...

NetIQ (Nasdaq: NTIQ) fell US$3.31 to $16.81 in morning trading Thursday after the company, which makes e-business infrastructure software, lowered its outlook for the quarter ending this month and delayed planned shareholder votes on the acquisition of WebTrends (Nasdaq: WEBT). WebTrends, meanwhi...

Despite mounting evidence that the global economy is slowing, total worldwide retail e-commerce is expected to reach US$550 billion in 2001, a 92 percent increase from 2000, according to a report released Tuesday by eMarketer.

Trust is implicit in the buying process, but no place more so than online. You don't give your credit card over with one hand and grab the package with the other. You give your credit card, sit back and wait, trusting the merchant to complete the sale. I've been thinking about this element of t...

The longer that business-to-business (B2B) firms are online the more likely it is that they will achieve profitability, according to a study released Tuesday by ActivMedia Research. The study revealed that 32 percent of all B2B companies currently online are turning a profit. However, 46 percen...

Despite the flood of dot-com failures, more browsers are turning into buyers for e-commerce, according to a study released Tuesday by Internet research firm Greenfield Online. The report found that 72 percent of U.S. online consumers made at least one purchase via the Web during the fourth quart...

Sequoia Software (Nasdaq: SQSW) rose 53 U.S. cents to $5.53 Wednesday morning after application software and service company Citrix Systems (Nasdaq: CTXS) said it would buy the company for $5.64 per share in cash, or a total of $184.6 million. Citrix, meanwhile, fell $1.06 to $18.75, even as it sa...

Commerce One (Nasdaq: CMRC) improved 69 U.S. cents to $10.07 in morning trading Wednesday after the company said that it would buy Exterprise, a maker of software that helps build and manage business networks, for stock valued at up to $78 million. The acquisition will enable Commerce One and it...

3Com (Nasdaq: COMS) was at US$6.13 in morning trading Wednesday, down 9 cents, after the company said that weak U.S. demand led to lower revenue and a loss for the third quarter ended March 2nd. The networking equipment maker also announced plans for more layoffs and said that it will take steps...

A shareholders' lawsuit was filed against Amazon.com and three of its directors Tuesday in a Seattle, Washington federal court by a local law firm, alleging that the e-tail giant unlawfully inflated its stock prices by disseminating false and misleading information about its financial condition....

General Motors and Autobytel.com said Wednesday that they have chosen the Washington, D.C. area to test an online car buying system that will enable shoppers to search all available vehicles and buy from a dealer of their choice. The 90-day test will begin May 1st and is designed to help GM unders...