Articles by Nora Macaluso

Quokka Sports (Nasdaq: QKKA) was up 6 U.S. cents at 25 cents in early trading Tuesday after the online sports companysaid it would restructure its operations, letting go 59 percent of its369-person workforce and taking a $1 million charge to first-quarterresults San Francisco, California-based Quokka said it will focus on its mainbusiness of live s...

QXL Ricardo (Nasdaq: QXLC) was down 38 U.S. cents at $3.88 in morning trading Tuesday, as the European online auctioneerreported a wider loss for the third quarter ended December 31st The company, based in London, said it lost 41.05 million pounds in thequarter, compared with a loss of 25.63 million pounds in the same period ayear earlier. The loss...

EarthLink (Nasdaq: ELNK) shares picked upUS$1.34 to $10.25 in morning trading Friday. The Internet service provider and long-distance phone service provider Sprint Corp. (NYSE: FON) announced that they have changed terms of an alliance formed in 1998, in order to provide "more flexibility for bothcompanies in pursuing additional third-party partners."

Razorfish, Inc. (Nasdaq: RAZF) was at US$1.66 in morning trading Friday, down 22 cents, after the company posted a loss for the fourth quarter ended December 31st The fourth-quarter results were in line with the company's revised projections. In December, Razorfish predicted a loss for the quarter, saying the market for its services had "changed dr...

Audible, Inc. (Nasdaq: ADBL) jumped 135 percent Friday morning after the company said that Microsoft Corp. (Nasdaq: MSFT) would invest US$10 million in the company to help it develop its online audio technology In midmorning trading, Audible was up $1.19 at $2.06....

Electronic Data Systems Corp. (NYSE: EDS) rose US$6.75 to $63.65 Thursday morning after reporting gains in revenue and earnings for the fourth quarter ended December 31st, indicating that the company has not been hit as hard as some by a slowdown in demand for technology services Analysts at JP Morgan, Credit Suisse First Boston, Lehman Brothers an...

Priceline.com (Nasdaq: PCLN) rose 25 U.S. cents to $2.94 in morning trading Thursday after Delta Air Lines Inc. agreed to restructure its investment with the troubled e-tailer, reducing Priceline's expenses "Delta Air Lines has made a major commitment to the future of Priceline.comby restructuring its equity," Priceline chief financial officer Robe...

Barnesandnoble.com (Nasdaq: BNBN) was down 19U.S. cents at $1.94 early Thursday after the online bookseller reported a bigloss for the fourth quarter and announced a plan to cut 350 jobs, or 16percent of its workforce Due in part to expenses incurred with the acquisition of business publisher Fatbrain.com, the company posted a loss of $143.49 milli...

eMusic.com, Inc. (Nasdaq: EMUS) was down3 U.S. cents at 44 cents after the online music company reported a quarterly lossand said it expects $1 million in restructuring costs in the current quarter "Despite the well-publicized challenges of the online music and Internetadvertising markets, we continue to believe we are well positioned forlong-term ...

Digital Island, Inc. (Nasdaq: ISLD)was up 62 U.S. cents at $5.38 in early trading Wednesday after the company said it has been awarded a new U.S. patent. According to the company, which provides hosting, content delivery and network services, the patent covers inventions designed to improve the speed and efficiency of deliveringdigital content ove...

CNET Networks, Inc. (Nasdaq: CNET) fell US$1.12 to $14.75 in early trading Wednesday after the online media company reported a fourth-quarter loss and lowered its outlook for the current year The company also said it will lay off 10 percent of its workers as a result of the slump in the technology sector....

Amazon.com, Inc. (Nasdaq: AMZN) was down 19U.S. cents at $14.25 in morning trading Tuesday, after a Lehman Brothers bondanalyst said the company could face a cash crunch later this year Ravi Suria, vice president of convertibles strategy at Lehman, said Amazon'slatest quarterly results "have only increased our concerns about tighteningliquidity." ...

Computer Sciences Corp. (NYSE: CSC) was up 30U.S. cents at $59.70 early Tuesday, even after reporting quarterly results thatmissed analyst estimates Company officials also reportedly said on a conference call with investors that results for the current quarter could be at the low end of expectations....

InfoSpace, Inc. (Nasdaq: INSP) was down 66 U.S. cents at $3.59 early Tuesday after the company said it laid off 250 of its 1,200 employees, as part of a plan to cut costs and concentrate on high-growth areas Bellevue, Washington-based InfoSpace, which provides merchant and consumer Internet infrastructure services, said it will focus on opportuniti...

Razorfish, Inc. (Nasdaq: RAZF) was up 19 U.S. cents at $2 in Tuesday morning trading, a day after the Internet consulting company announced further cost cuts in a restructuring plan The New York City-based company's "performance improvement plan," aimed at saving about $70 million this year, includesthe elimination of some 400 jobs worldwide....

Semiconductor shares fell early Monday after an industry report showed thatchip sales declined in December In morning trading, Intel Corp. (Nasdaq:INTC) was down 94 U.S. cents at $34.75, Applied Materials (Nasdaq: AMAT) was down$2.69 at $45.06, and Texas Instruments, Inc. (NYSE: TXN) was down $1.87 at$41.21....

Chinadotcom Corp. (Nasdaq: CHINA) was down19 U.S. cents at $6.38 in early trading Monday following reports that the company expects a weak fourth quarter Chief financial officer Daniel Widdicombe reportedly said the Asian Internetportal expects writedowns of at least $70 million against results for the fourth quarterended December 31st, in order to...

Dell Computer Corp. (Nasdaq: DELL) was at US$26.75 early Friday, up 81 cents, following reports that the computer maker expects sales to meet its original forecasts Chief executive officer Michael Dell reportedly predicted revenue for the year ending Friday will be $32 billion, the level the company had forecast before a January 22nd warning of a p...

Buy.com (Nasdaq: BUYX) was down 28 U.S. cents at 62 cents in early trading Friday, after the e-tailer reported a loss for the fourth quarter and announced what it called an "aggressive" cost-cutting plan The company said it intends to focus on its domestic operations, adding that it recently signed a letter of intent to sell its UK division to "a E...

National Semiconductor Corp. (NYSE: NSM) was down US$1.05 at $26.26 in morning trading Friday after the chipmaker said sales for the third quarter ending February 25th may end up below second-quarter levels Reports said that National Semiconductor officials blamed slower sales of computers and wireless phones for the drop in demand. Phone manufactu...