Articles by Nora Macaluso

Commerce One (Nasdaq: CMRC) fell US$1.90 to $11.81 in morning trading Friday, after posting a widerfirst-quarter loss than a year earlier Reports said that company officials warned of a loss for the second quarter as well. Analysts at CIBC World Markets, UBS Warburg and SG Cowen were all said tohave downgraded Commerce One shares following the news...

Microsoft (Nasdaq: MSFT) rose US$2.76 to $70.80 in morning trading Friday, after topping estimates for the third quarter ended March 31st Analysts at Salomon Smith Barney, Thomas Wiesel Partners and Goldman Sachs reportedly upgraded Microsoft after the results were released....

Gateway (NYSE: GTW) fell 42 U.S. cents to $17.60,after reporting a first-quarter loss that included restructuring charges. Charges are planned for the next two quarters as well "We're making solid progress against our revitalization plans," saidchairman and chief executive officer Ted Waitt. "In order to get ourbusiness in fighting form for the sec...

IBM (NYSE: IBM) rose US$6.85 to $113.35 in morning trading Thursday after the computer giant posted an 18 percentincrease in first-quarter earnings Analysts at Goldman Sachs reportedly upgraded IBM shares to the firm'srecommended list from outperform after the report....

Apple Computer (Nasdaq: AAPL) rose US$1.40 to $24.19 in morning trading Thursday after beating analyst estimates for the second quarter ended March 31st, returning toprofitability after a first-quarter loss Lehman Brothers reportedly upgraded Apple shares to buy from marketoutperform following the report, while SG Cowen was said to have lowered its...

i2 Technologies (Nasdaq: ITWO) fell US$3 to $16.97 in morning trading Thursday, after reporting first-quarter results that were in line with its lowered expectations, and saying the company expects losses for the next two quarters Analysts at Salomon Smith Barney, First Union, US Bancorp Piper Jaffray and JP Morgan all reportedly downgraded the Dal...

Hewlett-Packard (NYSE: HWP) rose US$1.78 to $31.03 in morning trading Wednesday, even after lowering its outlook for the second quarter ending April 30th and announcing plans to cut as many as 3,000 management jobs Instead of deferring salary increases past a 90-day period put in place in the first quarter, Hewlett-Packard said it will keep expense...

Amazon.com (Nasdaq: AMZN) picked up 74U.S. cents to $14.77 in morning trading Tuesday, after Goldman Sachs analystAnthony Noto reiterated a market outperfrom rating on the stock Amazon said earlier this month that its loss for the first quarter endedMarch 31st would be narrower thanpreviously thought, due to strong electronics sales....

Unisys (NYSE: UIS) fell US$2.25 to $12 in morning trading Tuesday, after the computer maker reported first-quarter results that were in line with its previously lowered expectations, and said that a weak economy is continuing to keep orders low SG Cowen reportedly downgraded Unisys shares to neutral from strong buy following the company's announcem...

GoAmerica (Nasdaq: GOAM) rose 4 U.S. cents to $2.23 in morning trading Tuesday, after the wireless services provider announced an alliance with the personal computer division of Japan's Fujitsu GoAmerica, of Hackensack, New Jersey, said its Go.Web wireless service will be available on Fujitsu PC's LifeBook notebook and pen tablets. The two companie...

WebMethods (Nasdaq: WEBM) rose US$1.40 to $27.85 in morning trading Monday, after the company said it will provide the software for the ConsumerConnect e-commerce unit at Ford (NYSE: F) Financial terms of the agreement were not disclosed. WebMethods said it will provide a "comprehensive platform to integrate applications with the extended Ford ente...

Scient (Nasdaq: SCNT) fell 50 U.S. cents to $1 in morning trading Thursday, after the Internet consulting company lowered expectations for the quarter ended in March and said it will cut at least 675 jobs "The economic environment remains extremely challenging," chairman and chief executive officer Bob Howe said. "Our large enterprise clients conti...

LSI Logic (NYSE: LSI) was down 71 U.S. cents to $17 in morning trading Thursday, after announcing plans to close amanufacturing plant in Colorado Springs, Colorado, a move that will put approximately 500 people out of work LSI said the move reflects "the adverse economic climate and the widespreadinventory correction in worldwide communications and...

E*Trade (NYSE: ET) rose 33 U.S. cents to$7.88 in morning trading Wednesday, after the online brokerage reportedfirst-quarter results that were in line with analyst expectations, andannounced an expanded alliance with Target stores The Menlo Park, California-based online brokerage said income from ongoingoperations totaled $868,000, or breakeven per...

Critical Path (Nasdaq: CPTH) rose 8 U.S. cents to 95 cents in morning trading Wednesday, after announcing it will lay off 450 employees, including its president The San Francisco, California-based provider of Internet communications software said that the moves are part of a plan to "put the company back on the path to profitability." The company s...

Handspring (Nasdaq: HAND) rose 96 U.S. cents to $14.06 in morning trading Wednesday, following news that the handheldcomputer maker will be able to develop and market products based on the Palm(Nasdaq: PALM) operating system for another two years Financial terms of the agreement between the two computer makers were notdisclosed. The deal lets Hands...

Loudeye Technologies (Nasdaq: LOUD) rose 2 U.S. cents to 82 cents in morning trading Wednesday after thecompany, which provides digital Internet audio and video content services,announced a restructuring that includes laying off 45 percent of its300-person workforce Loudeye said it will focus on "aggressively exploiting" its advanced digitalmusic a...

Adobe Systems (Nasdaq: ADBE) was up US$3.97 at $39.80 in morning trading Tuesday, after the software maker andAmazon.com (Nasdaq: AMZN) announced an e-book alliance Adobe said that its Acrobat eBook Reader software will be offered through Amazon's e-book store. Almost 2,000 Adobe-based books will be sold on thesite, and the alliance will be expande...

Homestore.com (Nasdaq: HOMS) roseUS$2.26 to $25.48 in morning trading Tuesday, after announcing an alliancewith Bank of America (NYSE: BAC) The bank and the online real-estate company said they had launched an onlinemarketplace offering home-buying, financing, maintenance and improvementservices to consumers. The new site is the first part of a $10...

Dell Computer (Nasdaq: DELL) rose US$2.25 to $24.44 inmorning trading Thursday after the computer maker reaffirmed its outlook forthe first quarter ending May 4th The company said that advantages in the way it does business, together with "lean management" of operating costs, "continue to produce exceptional customervalue and industry-leading growt...