Articles by Nora Macaluso

AOL Time Warner (NYSE: AOL) rose US$4.03 to$53.80 Friday after the newly merged company said it will buy back up to$5 billion of stock and sell $10 billion in additional securities Reports that Morgan Stanley Dean Witter analyst Mary Meeker began coverageof the stock with a strong buy recommendation and a 12-month price target of$75 also provided a...

Critical Path, Inc. (Nasdaq: CPTH) plungedUS$9.38 to $10.63 in the first few minutes of trading Friday, after thecompany, which provides messaging and Internet infrastructure services toonline businesses, reported a fourth-quarter lossand offered a grim forecast for the year ahead Revenue for the quarter totaled $52 million, up 534 percent from a y...

Delivering a much-needed lift to the struggling e-commerce sector, online auctioneer eBay (Nasdaq: EBAY) reported fourth-quarter results Thursday thatconvincingly beat analyst estimates and raised expectations for continued growth in the new year eBay stock, which closed up $3.63 at $46.88 the day before the announcement, continued to rise after ho...

i2 Technologies (Nasdaq: ITWO), the Dallas, Texas-based maker of business-to-business (B2B) software, reported fourth-quarter results that beat analyst expectations, and said that it sees no sign of a slowdown in demand for its products The company said that revenue for the quarter climbed 116 percent from a year earlier, to US$378 million. Full ye...

Vignette Corp. (Nasdaq: VIGN) sankmore than 40 percent in the first half hour of trading Thursday, losing 5.38to 7.12 after the e-commerce software maker lowered its projections for thecoming year and said it will consolidate operations Vignette said revenue for the fourth quarter totaled US$123.9 million, up203 percent from a year earlier and 12 p...

Drkoop.com, Inc. (Nasdaq: KOOP) slipped0.09 to 0.50 Wednesday after the company said it canceled plans to hold ameeting for shareholders to vote on a reverse stock split that would haveallowed the company to avoid delisting from the Nasdaq composite stock index Drkoop.com, which was still trading at about 0.50 early Thursday,is in danger of being r...

Apple Computer Corp. (Nasdaq: APPL) was up 0.937 at 17.75 in early trading Thursday after the computer maker, asexpected, reported a loss for the first quarter ended December 30th Company officials were optimistic about the future, however, predicting areturn to profitability in the current year as it gets rid of excessinventory....

Putting a damper on positive e-commerce sales figures from the recent holiday season, a report released by Nielsen//NetRatings on Wednesday said that Internet users spent less time surfing the Web both at home and at work during the final months of 2000 The average time spent online has been dropping steadily, falling from 17.5 hours in October to ...

LookSmart (Nasdaq: LOOK) was up 0.50at 3.468 in early trading Wednesday after the company announced a subsitelistings deal with e-tail giant Amazon.com (Nasdaq: AMZN) Amazon will promote "thousands" of product categories through LookSmartdirectory links and keyword searches, which will enable users to connectdirectly to relevant shopping areas of A...

WebTrends Corp. (Nasdaq: WEBT) wasdown 2.375 at 30.50 early Wednesday after the company agreed to be acquiredby NetIQ Corp. (Nasdaq: NTIQ) for stockworth US$36 per share, or about $1 billion Under the agreement, which was approved by both companies' boards, WebTrendsshareholders will receive 0.480 NetIQ common shares for each of theirWebTrends shar...

While brick-and-mortar retailers saw a bigger jump in business over the Webthan did their online counterparts during the latest holiday season,pure-play Internet retailers scored better among consumers in terms ofcustomer satisfaction, according to a new report released by Nielsen//NetRatings andHarris Interactive According to the study, 7 of the t...

Click2learn.com, Inc. (Nasdaq: CLKS)was down 3.00 at 6.50 early Tuesday after the company said fourth-quarterresults will fall short of analysts' estimates The Bellevue, Washington-based provider of online training services saidrevenue for the quarter will total about US$11.2 million, up from $9.6million in the same quarter a year earlier. The comp...

3Com Corp. (Nasdaq: COMS) was up 0.19 at10.56 early Tuesday, following reports that the networking equipment makeris planning job cuts The Santa Clara, California-based company is reportedly cutting jobs as part of a plan to cut US$200 million to $225 million in costs per year. Some reports said the number of jobs to be cut will be determined bythe...

A weak outlook from Ariba, Inc. (Nasdaq: ARBA) pulled shares of otherbusiness-to-business (B2B) e-commerce software makers lower on Friday, asthe company's quarterly report sparked a rash of analyst downgrades andquestions about future growth of the sector Ariba fell 8.19 to 35.19. Other B2B stocks fell as well, including Commerce One Corp. (Nasdaq...

CSFBdirect (NYSE: DIR) picked up 0.38 to 4.94 Friday on a reportedjoint venture with Hong Kong conglomerate Hutchison Whampoa Ltd The companies reportedly invested a total of US$20 million to provide anonline service for private investors in Hong Kong, with each companycontributing half. According to wire reports, the new venture will allowclients ...

Digital Island, Inc. (Nasdaq: ISLD) slipped 0.09 to 4.66 Friday after thecompany said its president is leaving to join a venture capital firm Leo Spiegel said he will leave the San Francisco, California-based Internetservices company to take a position with Mission Ventures in San Diego, California and be closer to his family....

Gateway, Inc. (NYSE: GTW) fell 1.80 to 21.10 Friday after the companyreported a fourth-quarter loss, and announced a restructuring plan thatincludes cutting more than 10 percent of its staff and taking a US$50 millionpre-tax charge to first-quarter results The San Diego, California-based computer maker said results were worse thanits already lowere...

LookSmart (Nasdaq: LOOK) fell 0.781 to 2.312 early Friday after theInternet directory company warned that fourth-quarter results will be hurtby a slowdown in the online advertising market The company also said it cut 172 jobs, or 31 percent of its workforce, aspart of restructuring aimed at focusing on its more profitable operations.The restructuri...

Hewlett-Packard Co. (NYSE: HWP) was down 1.25 at 31.125 in early tradingFriday after the company lowered expectations for the first quarter endingJanuary 31st The Palo Alto, California-based computer maker said "worsening economicconditions" and a slowdown in U.S. corporate and consumer informationtechnology (IT) spending will lead toearnings of 35...

Digital River (Nasdaq: DRIV) rose 1.88 to 6 Thursday after the e-commerceservices company said fourth-quarter results will be better than previouslythought, and that a profit before expenses is expected in the fourthquarter of next year Digital River said its software and digital commerce services division movedinto the black, before depreciation a...