Articles by Nora Macaluso

GoTo.com (Nasdaq: GOTO) was up 1 29/32 at 18 1/32 early Friday after the company announced an alliance with Terra Lycos (Nasdaq: TRLY) The three-year agreement could be worth "tens of millions of dollars," said GoTo, a Pasadena, California-based provider of pay-for-performance search, comparison shopping and auction services to Web sites.

NextCard, Inc. (Nasdaq: NXCD) rose 3 5/8 to 11 3/4 Thursday after the company, which issues consumer credit over the Internet, said it expects to grow at 75 percent per year over the next three years The company said revenue will reach $1 billion by 2003, with earnings rising to $150 million, or $2.83 per share. Assets under management at the end o...

Internet loyalty program marketer MyPoints.com (Nasdaq: MYPT) announced a third-quarter loss Thursday and said Steve Markowitz will step down as chairman and chief executive officer at the end of the year MyPoints reported a third-quarter loss before charges of $12.8 million (US$), or 36 cents per share, smaller than the 39 cents per share predicte...

Stamps.com (Nasdaq: STMP) was hovering around 3 17/32 early Thursday despite reporting a narrower-than-expected loss for the third quarter. The company said it expects to see a charge for recently announced cost cuts in the fourth quarter The Santa Monica, California-based online postage company said it lost $38.5 million, or 80 cents per share, be...

LookSmart (Nasdaq: LOOK) was up 17/32 at 8 15/16 early Thursday after the online directory and advertising company reported a smaller-than-expected loss for the third quarter, driven by a 151 percent rise in revenue from a year earlier to $33.4 million The company said its operating loss narrowed to $6.7 million, or 7 cents per share, from $17.3 mi...

BroadVisionInc. (Nasdaq: BVSN) rose 1 5/8 to 33 early Thursday after the company announced an e-business alliance with Intel Corp. (Nasdaq: INTC) The two firms plan to develop and market products based on a combination of BroadVision's e-commerce software and Intel's servers.

VerticalNet, Inc. (Nasdaq: VERT) rose 1 7/64 to 29 Wednesday after the company said Sumitomo Corp. agreed to purchase $30 million of its common stock Under the agreement, the Japanese trading company will buy the stock in a private placement as part of an expanded relationship that may extend to the creation of a VerticalNet exchange in Japan. Sumi...

Traditional retailers Wal-Mart Corp. (NYSE: WMT) and Target (NYSE: TGT), which have beefed up their Web sites ahead of the holiday shopping season, are still not likely to pose a "significant threat" to pure-play e-tailers this year, according to a report issued Thursday by Goldman Sachs analyst Anthony Noto Wal-Mart, Target and Kmart Corp.'s Bluel...

Mortgage.com (Nasdaq: MDCM), a provider of e-commerce services to online mortgage lenders, announced Tuesday that it has laid off 518 of its 618 employees and is beginning "the orderly wind-down" of its operations The company said it will sell its pipeline of mortgage loans in process, its Florida call center, the rights to www.mortgage.com and its...

eToys, Inc. (Nasdaq: ETYS) blew past analysts' estimates for the second quarter ended September 30th, and said it expects losses to begin narrowing in future quarters as it aims to break even in fiscal 2002 The loss before charges for the quarter totaled $41.8 million (US$), or 33 cents per share, 2 cents better than analysts had expected for the L...

Primedia, Inc. (NYSE: PRM), the New York City-based publisher of such magazines as "Seventeen" and "Modern Bride," has announced it will buy Internet portal About.com (Nasdaq: BOUT) for approximately $690 million (US$) in stock About.com operates targeted Web sites, while Primedia publishes magazines aimed at such niche markets as teenagers, new pa...

Commenting on a U.S. Federal Trade Commission (FTC) report issued Thursday, chairman Robert Pitofsky said business-to-business (B2B) marketplaces offer "great promise" in terms of cutting costs, better organizing business processes, and improving competition While stating that B2B exchanges do not as a rule raise antitrust concerns, the report note...

Bookselling giant Barnes & Noble, Inc. (NYSE: BKS) announced plans Wednesday to strengthen its clicks-and-mortar network by closely integrating operations with Barnesandnoble.com (Nasdaq: BNBN) Barnes & Noble's 551 retail stores will be linked with the bn.com Web site by Internet service counters throughout the stores. Customers will be able to cho...

Bookselling giant Barnes & Noble, Inc. (NYSE: BKS) announced plans Wednesday to strengthen its clicks-and-mortar network by closely integrating operations with Barnesandnoble.com (Nasdaq: BNBN) Barnes & Noble's 551 retail stores will be linked with the bn.com Web site by Internet service counters throughout the stores. Customers will be able to cho...

Bookselling giant Barnes & Noble, Inc. (NYSE: BKS) announced plans Wednesday to strengthen its clicks-and-mortar network by closely integrating operations with Barnesandnoble.com (Nasdaq: BNBN) Barnes & Noble's 551 retail stores will be linked with the bn.com Web site by Internet service counters throughout the stores. Customers will be able to cho...

A "strong and growing demand" for Net access by way of cellular phones, televisions, voice portals and other wireless devices is driving the growth of e-commerce, according to a study released Tuesday by America Online (NYSE: AOL) and market research firm Roper Starch Worldwide The study shows that the number of online shoppers has doubled in the p...

Online pharmacy Drugstore.com (Nasdaq: DSCM) has laid off 60 employees, about 10 percent of its total staff, as part of a plan to reduce operating expenses The cutbacks came just ahead of earnings news released Monday, which revealed that sales for the quarter ended October 1st were $26.5 million (US$), up 118 percent from the third quarter a year ...

Latin American companies will conduct $10.9 billion (US$) in online business-to-business (B2B) transactions in 2001, with the figure rising to $63.8 billion by 2005, according to a report released Friday by the Yankee Group Yankee said a large number of developing enterprises have joined the few companies that have been transacting online in the re...

Online grocer Webvan Group, Inc. (Nasdaq: WBVN) reported a wider-than-expected loss for the third quarter Wednesday, as the company took steps to consolidate the operations of newly acquired HomeGrocer.com Webvan said it had a pro forma loss -- excluding accounting adjustments -- of $120.2 million (US$), or 26 cents per share, on revenue of $87.4 m...

Intel Corp. (Nasdaq: INTC) reported third-quarter results Tuesday that beat analysts' lowered expectations, and said fourth-quarter revenue will grow at a modest rate The Santa Clara, California-based chipmaker said revenue rose 19 percent from a year earlier to $8.7 billion (US$), while income before acquisition-related costs advanced 52 percent t...