Articles by Nora Macaluso

BEA Systems, Inc. (Nasdaq: BEAS) gained 115/16 to 73 5/16 Tuesday after the company, which makes e-businesssoftware, said Business Europe will use its WebLogic server to deliver news,advice, online forums and e-commerce marketplaces to businesses in Europe Business Europe provides its customers, European small and medium-sizedbusinesses, with such ...

America Online, Inc. (NYSE: AOL) fell 6.72to 42.24 on Monday after merger partner Time Warner, Inc. warned of weakfourth-quarter results Time Warner said it will take a charge of US$20 million to $40 million in thequarter to pay for the restructuring of an agreement with Road Runner, ahigh-speed Internet service provider....

After getting off to a strong start this holiday season, e-tail sales saw a "significant, unanticipated deterioration" in the week ended December 10th, according to the latest weekly survey by Goldman Sachs and PC Data Online The study, released Monday, found e-tail sales are higher than 1999 levels, but that the gains were less than had been hoped...

Agency.com (Nasdaq: ACOM) fell 7/8 to 3Friday after the company announced a restructuring that includes the closingof its office in Vail, Colorado and lowered its projections for fourth-quarter earnings The New York-based Internet consultant said the restructuring involves 190layoffs, resulting in a charge of US$11 million to $14 million to fourth-...

Oracle Corp. (Nasdaq: ORCL) rose 1 1/16to 28 9/16 Friday after the software maker reportedsolid results for the second fiscal quarter Analysts at Lehman Brothers and Prudential Securities reportedly repeatedfavorable recommendations on the stock following the news, with Lehmancalling the shares a buy and Prudential touting them as a strong buy....

Online retailers sank in early trading Monday, brought down by news that eToys (Nasdaq: ETYS) expects aweak quarter, as well as by analysts' downgrades at Goldman Sachs & Co eToys was down 3/4 at 9/32 in early morning trading. Goldman analyst AnthonyNoto said he lowered his rating on the company to market performer frommarket outperformer, after th...

The bad news from Internet companies continues unabated, with recent daysbringing more reports of layoffs and grim financial forecasts Internet consulting firms Organic and Bigstep.com, as well as RealNames.com, a company that operates anInternet keyword system, are among the latest dot-coms to slash jobs....

Microsoft Corp. (Nasdaq: MSFT) wasdown 4 7/16 at 51 1/16 early Friday, as the software giant became the latesttechnology company to warn of a soft December quarter "We believe, like many other technology companies, that the current weaknessin worldwide economic conditions is resulting in a slowdown in PC sales,corporate IT spending, and consumer on...

The number of online shoppers continued to boom during the second week in December, withbrick-and-click operations seeing the most traffic to their Web sites, according to the latest survey from measurement firm Nielsen//NetRatings Traditional retailers' Web sites have seen a 103 percent surge in trafficsince the beginning of the holiday shopping s...

InfoSpace (Nasdaq: INSP) gained 11/64to 11 43/64 Wednesday after the company, which provides Internetinfrastructure services, reiterated its fourth-quarter forecast calling forrevenue of US$66 million and pro forma net income of $4.9 million "InfoSpace continues to experience momentum across all of our areas offocus, and we remain very confident wi...

Despite reports of hard times in the business-to-business (B2B) e-commerce sector, executives remain confident about the outlook for onlinemarketplaces, according to a survey released Tuesday by consulting firmArthur Andersen The survey, which builds on the findings of a similar poll Andersenconducted in June, found that one-third of company execut...

Ariba, Inc. (Nasdaq: ARBA) sank 10 3/16 to76 11/16 Tuesday after Lehman Brothers began coverage of the stock with aneutral rating Lehman analyst Patrick Walravens reportedly said Ariba shares, trading at431 times projected earnings, are too expensive at current levels to warranta higher investment rating....

Compaq Computer Corp. (NYSE: CPQ) wasdown 23/32 at 20 13/256 early Wednesday, as the computer maker became thelatest to warn of a shortfall in revenue and earnings for the fourthquarter According to the Houston, Texas-based firm,revenue for the quarter is likely to range from US$11.2 billion to $11.4billion, 8 to 10 percent below expectations, whil...

America Online (NYSE: AOL) rose 0.16to 48.65 Tuesday after the Dulles, Virginia-based Internet giant saidworldwide membership passed the 26 million mark AOL attributed the growth to the popularity of its new version, AOL 6.0,which is used by 35 percent of AOL members. AOL 6.0, introduced in October,is supposed to be easier to use than previous vers...

E-tailers should not pin their hopes on strong holiday sales of big-screen TVs and high-end stereo systems, because consumers are not looking to the Internet for these purchases, according to a new survey from cPulse, a unit of the Gartner Group "Consumers' likelihood of purchasing consumer electronics online is falling, and defection is high," cPu...

Advanced Micro Devices (NYSE: AMD) edged up 3/16 to 17 1/2 in early trading Tuesday, even after the chipmakerlowered expectations for fourth-quarter results because of a slowdown indemand for personal computers AMD said sales for the quarter will be "flat to nominally higher" than thethird quarter's US$1.21 billion. Net income will total 50 to 60 c...

DoubleClick (Nasdaq: DCLK) wasup 1 3/16 at 13 1/8 in early trading Tuesday, even as the online advertising company reportedly warned of a fourth-quarter loss because of lower ad revenue Officials at the controversial firm reportedly told analysts andinvestors on a conference call that it expects a loss of 3 cents per sharein the quarter, compared w...

Online business-to-business exchange VerticalNet (Nasdaq: VERT) and digital authentication firm VeriSign (Nasdaq: VRSN) rose Monday afterthe two companies announced that VeriSign will provide the exchange with a package of security services for online transactions VeriSign gained 4 1/64 to 116, and VerticalNet picked up 9/32 to 9 1/4....

Forty-five percent of this holiday season's online shoppers are making their first purchases ever over the Internet, according to a survey released Monday by Active Research The study suggests that "click-and-mortar" retailers will benefit the most from the influx of these newbies, asone third of those buying online for the first time said they cho...

Network Commerce, Inc. (Nasdaq:NWKC) rose 3/32 to 1 1/4 Friday after the company announced a restructuringplan intended to help it post a pro forma profit ahead of schedule The Seattle, Washington-based company, which operates online marketplaces and offershosting services, said "continued strong business growth," along with costsavings from the re...