Articles by Nora Macaluso

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Amazon Alliance Lifts Ashford.com

Ashford.com (Nasdaq: ASFD) was up 0.093 at 0.562 in early trading Friday, a20 percent gain, after the luxury goods e-tailer announced a renewedalliance with Amazon.com (Nasdaq: AMZN) Ashford said it will continue to offer Amazon's more than 25 millioncustomers a range of goods through the end of 2001. Ashford said it will payAmazon cash in exchange...

Barnesandnoble.com Expands E-Book Efforts

In a bid to capture a share of the emerging market for electronic books, Barnesandnoble.com (Nasdaq: BNBN) said Thursday that it has created an e-publishing division that will offer authors a royalty rate higher thanthe rates offered by other publishers The move will "create a direct link between authors andtheir readers" and give authors a greater...

Revenue Warning Sends FairMarket Lower

FairMarket, Inc. (Nasdaq: FAIM) fell 0.12 to 1.56 Wednesday after thecompany, which provides dynamic-pricing services for companies doing business online, said fourth-quarter revenue will be below previousexpectations as it writes off some "doubtful accounts." Still, the Woburn, Massachusetts-based company said it expects asmaller operating loss fo...

Inktomi Falls on Profit Warning

Inktomi Corp. (Nasdaq: INKT) was down 2.69 at 15.81 early Thursday afterthe company warned that revenue and earnings for the first quarter endedDecember 31st will be below previous expectations The Foster City, California-based maker of Internet software said revenuefor the quarter will be US$80 million to $81 million, up 121 to 124 percentover las...

Yahoo! Gains as Analysts Praise Fee Move

Yahoo! Inc. (Nasdaq: YHOO) rose 2.75 to 30.94 Wednesday, erasing an earlyloss following reports that analysts praised the company's decision tocharge listing fees for its auctions U.S. Bancorp Piper Jaffray repeated a buy rating on Yahoo!, saying theannouncement signifies the "start of monetization for a host of free Yahooservices" and could add 5 ...

IBM Alliance Boosts Open Market

Open Market, Inc. (Nasdaq: OMKT) closed Tuesday at 1 3/8, up 9/32, after thee-business software maker announced an alliance with IBM Burlington, Massachusetts-based Open Market said the agreement with IBMGlobal Financing will allow it to provide customers with the option tofinance hardware, software, maintenance and training....

WebMD Slips as News Corp. Venture Ends

WebMD (Nasdaq: HLTH) slipped 5/16 to 7 5/8 Tuesday after the onlinehealth company restructured a year-old partnership with News Corp.,eliminating a pair of joint ventures The move, part of a plan by WebMD to get rid of strategic partnerships thatare not likely to benefit the company, will result in a US$275 millioncharge to its fourth-quarter earni...

Global Sports Rises on Bullish Forecast

Global Sports, Inc. (Nasdaq: GSPT) was up 1/2 at 6 3/16 early Wednesday after the company, which develops and operates online sporting goods businesses,said it expects fourth-quarter results to exceed analysts' expectations The King of Prussia, Pennsylvania-based company said sales for the quarterended December 30th will be higher than the US$19.3 ...

Amazon and Toys 'R' Us Take E-Holiday Prize

E-tail giant Amazon.com (Nasdaq: AMZN) and retail partner Toys 'R' Us (NYSE: TOY) dominated the online shopping arena this holiday season, according to a report released Tuesdayby Nielsen//NetRatings The joint venture of Amazon and Toys 'R' Us saw 123 million visitors, more than five times the traffic of its closest competitor.

Intershop Falls on Q4 Warning

Intershop Communications AG, a European e-commerce software maker, plummeted10 3/64 to 5 5/64 in early trading Tuesday after joining several of its U.S.counterparts in warning of weak results for the fourth quarter and fiscalyear The Hamburg, Germany-based company, which also has offices in San Francisco,California, said it lowered its expectations...

Terra Lycos Gains on Strong Holiday Report

Terra Lycos (Nasdaq: TRLY) was up 7/16 at 11 early Tuesday after the companysaid its Lycos portal saw traffic this holiday shopping season that was morethan double that of last year's "very successful" holiday period Referrals from the Lycos network generated more than 250 percent morerevenue than the 1999 holiday season, while unique visitors to L...

Report: E-Holiday Sales Topped $6B

A new report from BizRate.com shows thatshoppers spent more than US$6 billion online this holiday season, up 60percent from last year, as satisfied customers returned to their favoriteWeb merchants More than 52 million orders for goods were placed over the Internet betweenNovember 20th and December 26th, according to the report issued Thursday by t...

Priceline Founder Exits Board

Priceline.com founder Jay Walker will step down from his position as vice chairman of the embattled e-tailer's board of directors on Sunday, the company announced Thursday Walker, who serves as the chief executive officer of his privately held company, Walker Digital, said he is leaving Priceline's board in order to focus on business challenges fac...

Upbeat Forecast Powers ePlus

ePlus, Inc. (Nasdaq: PLUS) soared 4 1/4 to 12 Thursday after the companyannounced it expects to beat analysts' expectations for both third andfourth-quarter earnings The Herndon, Virginia-based provider of online procurement, asset managementand financing services said higher margins and lower-than-expected expenseswill result in earnings per share...

WebMD Gains as DuPont Alliance Ends

WebMD Corp. (Nasdaq: HLTH) gained 17/32 to 7 7/8 Thursday after the Internethealth care company ended a strategic alliance with pharmaceutical maker DuPontCo. (NYSE: DD) that called for DuPont to share a portion of the company's portal revenues The alliance, formed in March 1999, had been set to expire in 2004. Underterms of the agreement, DuPont w...

Content Acquisitions Send i2 Higher

i2 Technologies, Inc. (Nasdaq: ITWO) gained 3 9/16 to 60 1/8 Thursday afterthe company said it plans to buy Trade Services Holdings' content divisionsfor cash and stock i2, which provides business-to-business (B2B) e-commerce software, said itwill acquire Trade Service Corp. and its ec-Content, Inc. affiliate in orderto expand upon a pair of conten...

Fashionmall Gains on Buyout Bid

Fashionmall.com (Nasdaq: FASH) was up 3/32 at 2 11/16 early Friday afterNarax, Inc., a Beverly Hills, California-based buyout firm, said it offeredto acquire the e-tailer for US$3.50 per share in cash Narax president Michael Savage said Fashionmall represents "an extraordinaryopportunity that could be developed with the help of its management and h...

Study: E-Holiday Out Like a Lamb

Traffic to retail Web sites ebbed in the final week of the holiday shoppingseason, according to statistics compiled by Media Metrix, providing furtherevidence that online shoppers completed their shopping early this year E-tail sites saw 31.8 million unique visitors during the week ended December24th, down 10.9 percent from the season's peak of 35....

Magic Software Falls on Q4 Warning

Magic Software Enterprises (Nasdaq: MGIC) fell 1/8 to 2 3/8 Wednesday afterannouncing that fourth-quarter revenue and earnings will be below previousexpectations "Like many other technology companies, the current weakness in worldwideeconomic conditions, coupled with a slowdown in corporate IT spending, hashad a negative impact on Magic's results,"...

NetZero Suit Sends Juno Lower

Juno Online Services, Inc. (Nasdaq: JWEB) closed down 1/4 at 11/16 Wednesday after NetZero filed suit against the New York-based Internet accessprovider, alleging patent infringement According to published reports, NetZero says Juno infringed on a patent ithas on a kind of pop-up advertising that is displayed to users of NetZero'sfree Internet acce...

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