Articles by Nora Macaluso

Hewlett-Packard Co. (NYSE: HWP) plunged in early trading Monday, losing 5 1/16 to 34 1/16 after the company missed analysts' fourth-quarter earnings expectations and dropped its plan to acquire the consulting division of securities firm PricewaterhouseCoopers The Palo Alto, California-based computer maker said revenue for the quarter ended October ...

Despite the fact that Australia boasts one of the highest online penetration rates in the world, a study released Monday by Jupiter Research shows that marketers, advertisers and e-commerce firms have yet to capitalize on the country's Internet revenue opportunities According to Jupiter, 40 percent of Australians have access to the Internet. Howeve...

As a result of intense pressure from anti-spam activists, major Internet service providers (ISPs), including AT&T Corp. (NYSE: T) and PSINet, Inc. (Nasdaq: PSIX) are taking steps to ensure their salespeople do not sign contracts with companies that send unsolicited commercial e-mail PSINet, an Ashburn, Virginia-based Internet infrastructure company...

eToys (Nasdaq: ETYS) fell 25/32 to 2 9/16 Wednesday following reports that Merrill Lynch analyst Henry Blodget downgraded the stock's long-term rating to neutral from accumulate J.P. Morgan analyst Tom Wyman also reportedly made some negative comments about the stock's long-term outlook, saying the e-tailer will not see an operating profit until 20...

Priceline.com (Nasdaq: PCLN) fell 1 1/32 to 3 1/4 Wednesday following reports that Maryann Keller, the former auto industry securities analyst who headed the e-tailer's auto group, resigned last week Keller's departure reportedly coincided with the exit of chief financial officer Heidi Miller.

Internet Capital Group, Inc. (Nasdaq: ICGE), an incubator for business-to-business (B2B) startups, said Wednesday that it will lay off 35 percent of its workers after reporting a third quarter loss that was wider than a year earlier The company said the layoffs would result in a charge of $25 million to $30 million (US$) in the fourth quarter, incl...

S1 Corp. (Nasdaq: SONE) was down 11/16 at 10 in early trading Wednesday after the e-commerce software maker said its loss for the third quarter was wider than a year earlier, due in part to a big charge for consolidating recent acquisitions Atlanta, Georgia-based S1, which provides software and services for online financial transactions, said reven...

SierraCities.com (Nasdaq: BTOB) rose 1 39/64 to 5 55/64 after the company agreed to be acquired by VerticalNet, Inc. (Nasdaq: VERT) for $133 million in stock. VerticalNet fell 1 11/16 to 27 13/16 The stock swap values SierraCities at $7 per share.

DoubleClick, Inc. (Nasdaq: DCLK) picked up 5/8 to 19 7/8 Tuesday after the online advertiser announced patent litigation settlements with two rivals New York-based DoubleClick said 24/7 Media (Nasdaq: TFSM) and L90 (Nasdaq: LNTY) have settled their respective claims and counterclaims.

America Online Latin America, Inc. (Nasdaq: AOLA) was up 5/8 at 7 early Wednesday after the company beat analysts' estimates for the fiscal first quarter by a penny The company, a joint venture of America Online, Inc. and Cisneros Group, said revenue for the quarter totaled $4.6 million, as the company lost $98.1 million, or 36 cents per share, bef...

Just 17 percent of the 127 million adult Internet users in the United States are sure they want to be able to view their bills online, according to a study released Wednesday by Gartner Group Though online billing has become a "major" industry, almost half of consumers prefer to receive their bills by mail, and the rest are unsure about which metho...

En Pointe Technologies, Inc. (Nasdaq: ENPT) rose 2 3/4 to 7 7/8 Monday after receiving a contract from the state of Minnesota El Segundo, California-based En Pointe said the contract, which could be worth more than $150 million per year, makes it the information technology solutions provider for the state. The contract runs for two years, with opti...

Click2learn.com (Nasdaq: CLKS) picked up 3/8 to 16 3/4 after W.R. Hambrecht & Co. began coverage of the stock with a buy recommendation. Analyst Trace Urdan expects the stock to reach 27 in a year "In our estimation, Click2learn is one of the very few companies in the market today that can fairly claim to provide the complete end-to-end e-learning ...

Neoforma.com (Nasdaq: NEOF) gained 7/16 to 1 3/4 Monday after the company, which provides e-commerce services to the health care industry, won a contract from Medbuy Corp., the largest medical purchasing organization in Canada San Jose, California-based Neoforma becomes Medbuy Corp.'s exclusive provider of online purchasing services, as the compani...

Razorfish (Nasdaq: RAZF) gained 21/32 to 6 7/32 Monday after the Web design and technology consulting firm said it will help Deutsche Bank build a platform for business-to-business (B2B) financial services marketplaces Stefan Hetges, managing director for Razorfish's Frankfurt, Germany office, called the plan a "groundbreaking project." ...

Borders.com has passed longtime leader Amazon as the top online bookseller, according to Forrester Research In what Forrester termed "a tight three-way race," Borders achieved a PowerRanking of 66.83 to finish just ahead of Amazon (66.76) and Barnesandnoble.com (65.46). Buy.com came in fourth at 55.52.

Kforce.com (Nasdaq: KFRC) was up 7/32 at 5 early Monday after the Web-based staffing firm said it plans to buy back up to 10 million common shares, or 23.7 percent of the total outstanding. Kforce shares are down from a 52-week high of 18 1/4 Kforce said it will begin a tender offer Monday for the shares at a price between $4.75 and $5.50 each, or ...

Ask Jeeves (Nasdaq: ASKJ) was up 1 11/32 at 16 13/32 early Monday after the Emeryville, California-based company announced a plan to sell businesses a way to handle customer inquiries over the phone using speech-recognition technology Through an alliance with Nuance (Nasdaq: NUAN) and General Magic (Nasdaq: GMGC), Ask Jeeves will develop ways to im...

Three major U.S. corporations said Monday they are teaming with an online realty service to form an Internet business-to-business (B2B) marketplace for real estate transactions Bank of America (NYSE: BAC), IBM (NYSE: IBM) and Prudential Insurance, which together account for some $3 billion (US$) in real-estate transactions each year, said they have...

Netopia, Inc. (Nasdaq: NTPA) plunged 2 1/4 to 9 3/16 Thursday after reporting fourth-quarter results that fell short of expectations. Analysts at several brokerage firms reportedly downgraded the stock The Alameda, California-based maker of Internet equipment and e-commerce Web platforms said revenue for the quarter ended September 30th rose a smal...