Articles by Nora Macaluso

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Report: Movement Grows To Consolidate Online Bank Accounts

Almost half of U.S. consumers who bank online would have no problem consolidating their accounts at a single institution, though others continue to have concerns about using one bank only, according to a report released Wednesday byJupiter Media Metrix (Nasdaq: JMXI) The trend toward single-source banking is likely to gain momentum as companies con...

I-Marketing Interview: PeopleSoft

Software maker PeopleSoft (Nasdaq: PSFT), which amid the struggling economy reported earnings of US$50 million for the third quarter of 2001, embraces online marketing as part of its overall advertising strategy. In a recent interview, chief marketing officer Nanci Caldwell, who came to the company six months ago after 19 years at Hewlett-Packard ...

Expedia Beats Street Handily in Quarter

Expedia (Nasdaq: EXPE) said late Monday that business recovered from the September 11th terrorist attacks faster than initially predicted, with the online travel company posting better-than-expected results for its fiscal first quarter of 2002, including earnings (before non-cash items and expenses) of US$15.1 million The net loss for the quarter e...

eBay Earns Nearly $35M, Tops Estimates in Q3

Online auctioneer eBay (Nasdaq: EBAY) topped analyst estimates in the thirdquarter ended September 30th, and raised estimates for the current quarteras well The company on Thursday reported earnings before charges of US$34.9 million,or 12 cents per share -- topping the 11 cents expected by analysts -- alongwith a 71 percent increase in revenue to $...

eToys Site Back in Business

The eToys Web site is back, in time for the holidays The online toy seller, which went out of business and had its assets acquired last spring by toy retailer KB Holdings, is operating as a unit of KB's subsidiary KBKids.com, according to a notice on the eToys Web site....

AOL Tops Expectations in Q3 Despite Widening Loss

Media giant AOL Time Warner (NYSE: AOL) on Wednesday reported third-quarter pro forma earnings and revenue that topped expectations, though the company posted a net loss for the period ended September 30th as advertising revenue declined Company officials had previously said Monday that AOL remains on track to meet its lowered expectations for this...

Cautious Optimism for Q3 Tech Earnings

High-tech and e-business companies have rebounded nicely from the sales slowdown that followed the September 11th attacks on the United States, and the bigger, more diversified e-tailers should be able to meet third-quarter earnings targets, analysts say First Call predicts that consumer Internet company earnings will be 37 percentbetter than they ...

Commerce One Cuts Nearly 50 Percent of Jobs, Restructures

Commerce One (Nasdaq: CMRC) said late Monday it will cut about 1,300 of its 2,800 jobs as it spins off some operations The Pleasanton, California-based company, which makes e-commerce software and operates online purchasing exchanges, said that about 700 of the layoffs will be job eliminations primarily among professional services, marketing, sales...

Triple Your Money With Tech Stocks? Dare We Try Again?

If you wanted to triple your money in three years, are there technology investments that could help you do it? Not likely, say most analysts and portfolio managers For returns like that, "go to Vegas," U.S. Bancorp Piper Jaffray senior research analyst Jon Ekoniak told the E-Commerce Times.

Report: Online Bill Payment Gaining Ground

Consumers are becoming more interested in paying their bills online, though the number of people who actually do so remains low, said a report releasedMonday by the Yankee Group This year, 8.7 percent of consumers surveyed paid their bills over the Internet, up from 5.1 percent in 2000, Yankee said.

DoubleClick Posts Wider Loss on Revenue Drop in Q3

Internet advertising agency DoubleClick (Nasdaq: DCLK) on Thursday reported that its revenue dropped by nearly a third and that it posted a loss for the third quarter ended September 30th, saying that corporate spending cutbacks have pinched the company's business. The company had warned that last month's terrorist attacks on the UnitedStates had ...

DoubleClick Slashes Purchase Price of E-Mail Marketer

Online advertising company DoubleClick (Nasdaq: DLCK) said Thursday it has lowered the price it will pay for e-mail marketer MessageMedia (Nasdaq: MESG), which it agreed in June to acquire DoubleClick said it will issue 1 million common shares to buy MessageMedia, rather than the approximately 3 million a DoubleClick spokesperson said were initiall...

Report: Post-Napster World Takes Shape

File-transfer Web site MusicCity.com -- aka "Morpheus" -- is emerging as the most popular of the Napster-like sites that sprung up in the wake of the online music-swapping pioneer, according to a report released Wednesday by Jupiter Media Metrix The number of Americans using file-swapping sites like Morpheus rose by 492percent between March and Aug...

Commerce One Issues Q3 Warning

E-commerce software maker Commerce One (Nasdaq: CMRC) late Monday lowered its outlook for the third quarter ended September 30th, saying "poor economic conditions" led to a loss for the period Commerce One, which makes software that powers online exchanges for businesses, said it expects revenue of US$80 million to $83 million, and a loss before no...

Merger Mania Could Include Many E-Commerce Buyouts, Analysts Say

Internet brokerage E*Trade (NYSE: ET), online realty company Homestore.com(Nasdaq: HOMS) and software company i2(Nasdaq: ITWO) were among targets that came to mind when analysts wereasked to pick their top e-commerce buyout candidates With stock prices at bargain-basement levels, these and other dot-coms like them couldmake good partners for brick-...

Rough Road for Internet Real Estate

Online real-estate companies are being hurt by a slow economy and the pullbackin consumer spending, with market leader Homestore.com (Nasdaq: HOMS) warning this week of a third-quarter loss and its competitors struggling as well Rival Homeseekers.com (OTC: HMSK), which was delisted by the Nasdaq stock market this summer, also weighed in with bad ne...

UK Travel Site Ebookers Cuts Staff

UK online travel company Ebookers.com (Nasdaq: EBKR) said Wednesday it will cut between 10 and 20 percent of its 700-person workforce in order to cut costs and deal with reduced demand for travel services following the September 11th terrorist attacks on the United States The news comes a day after U.S. travel e-tailer Priceline.com (Nasdaq: PCLN)...

Report: E-tail Needs To Be Ready for 'U-Commerce'

As wireless technology improves, consumers will use handheld devices to shop for a range of goods and services, and e-businesses can profit by providing user-friendly devices and targeted services that lend themselves to wireless shopping, according to a study released Tuesday by consulting firm Accenture Wireless technology will enable e-commerce ...

MusicNet Technology Ready for Preview

MusicNet, an online music service to be offered by America Online (NYSE: AOL) and RealNetworks (Nasdaq: RNWK) with backing from four recording companies, said Thursday that its technology is ready for distribution by the two media partners MusicNet said it is providing AOL and RealNetworks with "the entire technology and music content" from partner...

Report: Auto Industry Poised To Lead B2B Rebound

Car companies are moving their purchasing and other commerce activities online, taking advantage of new technology to cut costs in a slowing economy, according to a report released Wednesday by Jupiter Media Metrix (Nasdaq: JMXI) As a result, Jupiter said, the auto industry is positioned to lead a rebound in business-to-business (B2B) e-commerce, w...

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