Articles by Nora Macaluso

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 it has more than 40,000 active advertisers, up from 37,...

NetIQ (Nasdaq: NTIQ) fell US$3.31 to $16.81 in morning trading Thursday after the company, which makes e-businessinfrastructure software, lowered its outlook for the quarter ending thismonth and delayed planned shareholder votes on the acquisition of WebTrends (Nasdaq: WEBT) WebTrends, meanwhile, lost $1.53 to $8.41....

Sequoia Software (Nasdaq: SQSW)rose 53 U.S. cents to $5.53 Wednesday morning after application software andservice company Citrix Systems (Nasdaq:CTXS) said it would buy the company for $5.64 per share in cash, or a totalof $184.6 million. Citrix, meanwhile, fell $1.06 to $18.75, even as it said it remains "ontrack" to meet its financial goals....

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 its customers to "develop and deploy a broad range of e-m...

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 to cut costs in its broadband modem division. In addit...

Research In Motion (Nasdaq: RIMM) gave up anearly morning gain sparked by news of an alliance with Lucent (NYSE: LU), and traded midmorningat US$28.88, down 62 cents Earlier in the day, the stock rose as high as $31.50....

Solectron (NYSE: SLR) fell US$1.69 to $19.80 in morning trading Tuesday, after the contract manufacturer of electronics issued a warning for the year ahead and announced plans to cut 10 percent of its jobs Analysts at Robertson Stephens, Prudential Securities, Bear Stearns, ING Barings, Thomas Weisel Partners and SG Cowen all reportedly downgraded ...

PSINet (Nasdaq: PSIX) was down 19 U.S. cents at 53cents in Monday morning trading after the Internet services company said ithired a financial adviser to help restructure its debt At the same time, the company said its common stock is likely to have "novalue."

Motorola (NYSE: MOT) rose to US$15.19, up 19 cents, in morning trading Tuesday after the company said it will cut about 7,000 more jobs in an effort to reduce costs in its wireless handset business The new job cuts, which will affect all locations of the business, bring the total number of cuts in the Schaumburg, Illinois, company's personal commun...

PSINet (Nasdaq: PSIX) fell 28 U.S. cents to 72cents in morning trading Tuesday, after the company said that it will need torestructure some of its debt or face the possibility of default The Ashburn, Virginia-based Internet services company said that it agreed to sellits PSINet Transaction Solutions business to an investment group led by GTCRGolder...

Cisco Systems (Nasdaq: CSCO) fell US$1.89 to $20.94 in morning trading Friday following reports that thenetworking-equipment maker plans to cut 5 percent of its workforce The cuts are a reaction to slumping sales caused by a drop in demand for thecompany's products, news reports said. Cisco and other equipment makers havebeen hurt in recent months ...

An Amazon.com (Nasdaq: AMZN) spokesperson told the E-Commerce Times on Friday that the e-tail giant has not been notified of a reported U.S. Securities and Exchange Commission (SEC) investigation questioning stock sales made by Amazon chairman and chief executive officer Jeff Bezos Earlier, the New York Times, citing "a person close to the matter,"...

JDS Uniphase (Nasdaq: JDSU) fell 75 U.S. cents to $27.25 in morning trading Wednesday, after lowering, for the second time, sales and earnings estimates for the quarter ending March 31st JDS, a maker of fiber-optic components, said in a filing with the U.S. Securities and Exchange Commission that the lowered outlook "reflects continued uncertainty ...

PurchasePro rose US$1.19 to $11.44 inmorning trading Wednesday, after the e-commerce company said it is"on track" to meet its financial targets for the year PurchasePro said it was "responding to numerous investor and mediainquiries" after its announcement of the acquisition of BayBuilder, atechnology services company, for $15 million in stock and ...

Homestore.com (Nasdaq: HOMS) rose US$4.70 to $31.64 in morning trading Monday, after Goldman Sachs added the stock to its recommended list Goldman analysts called the stock the "best defensive name in (the) Internetsector." The analysts also said the company has shown "consistent growth via strongfundamentals."

Sapient (Nasdaq: SAPE) was down US$3.88 at $9.13 in morning trading Friday, after the information-technology consultantsaid first-quarter results will fall short of previous expectations Sapient also announced that it is cutting jobs and consolidating operations in order to deal with a weakened U.S. economy....

Modem Media (Nasdaq: MMPT) fell to US$3.91, down 47 cents, in morning trading Thursday after the Internet consultant said it will lay off about 10 percent of its employees, close its Tokyo office and take a pretax charge of about $3 million to first-quarter earnings "Over the last few weeks, we completed a comprehensive review of the operating stru...

Gateway (NYSE: GTW) fell US$1.25 to $15.95 Thursdaymorning after the computer maker warned that its first-quarter operating income will bebreakeven, rather than the 17 cents per share expected by analysts Salesare "down slightly" from a year earlier, Gateway said....

3Com (Nasdaq: COMS) was down US$1.69 at $7.44 in morning trading Thursday after the networking equipment maker said revenue and earnings for the third quarter ending March 2nd will be "substantially lower" than previously thought 3Com said that U.S. economic conditions and a prolonged slump in the telecom industry have reduced demand for products i...

Northwest Airlines and KLM Royal Dutch Airlines said Wednesday that effective March 1st, they will no longer pay commissions on Internet ticket sales in the United States and Canada. In response, the online travel company Travelocity (Nasdaq: TVLY) said that it would begin charging $10 service fees on tickets for Northwest Airlines and KLM.