Articles by Nora Macaluso

Digital Island (Nasdaq: ISLD) fell 54 U.S. cents to $1.93 in morning trading Tuesday after the company,which provides Internet infrastructure software and content delivery, said its loss for the second quarterended March 31st was wider than a year earlier In addition, the company announced plans to cut more jobs, and said its chief financial office...

AOL Time Warner (NYSE: AOL) rose US$1.28 to$51.27 in morning trading Monday, following reports that the world's largestmedia company is in talks with a cable operator in Europe about broadband services The Financial Times said that AOL is talking to UK cable operator NTL (NYSE: NLI)about a broadband distribution alliance. Other reports quoted offic...

BroadVision (Nasdaq: BVSN) picked up 73 U.S. cents to $6.24 in morning trading Monday, after the e-commerce software maker said that retail giant Wal-Mart Stores will use BroadVisionsoftware to power its Web sites Terms of the global licensing agreement were not disclosed. Wal-Mart, already a BroadVision customer, will use the company's technology ...

VeriSign (Nasdaq: VRSN) rose US$5.86 to $52.08 in morning trading Friday, after reporting a 526 percent year-over-year revenue increase and a jump in pro forma earnings for the first quarter ended March 31st Thomas Wiesel Partners reportedly upgraded VeriSign, an Internet security software provider and registrar of domain names, to strong buy from ...

Art Technology Group (Nasdaq: ARTG) rose 91 U.S. cents to $8.80 in morning trading Friday, after reporting first-quarterresults that topped its previously slashed expectations and announcing acost-cutting plan The company also said that its chief financial officer, Ann Brady, resigned to spend more time withher family and will leave the company as ...

VA Linux Systems (Nasdaq: LNUX) fell 6U.S. cents to $2.97 in early trading Friday, after saying that revenue for the third quarter ending April28th will be lower than previously thought "While we are seeing some signs that demand is improving for our consultingservices and open source development network, the slowdown in customer(information techno...

Juno Online Services (Nasdaq: JWEB) rose 38 U.S. cents to $1.20 in morning trading Thursday, after AOL Time Warner signed a definitive agreement to allow the company to offer high-speedInternet access over Time Warner cable systems The deal is the second that Time Warner Cable has signed with an Internet serviceprovider. In November, the company ag...

Homestore.com (Nasdaq: HOMS) jumpedUS$4.27 to $33 in morning trading Thursday, after the online real-estatecompany reported first-quarter results that topped analyst estimates Chairman and chief executive officer Stuart Wolff said that the "strong" resultscame in a "very difficult market."

BroadVision(Nasdaq: BVSN) fell 8 U.S. cents to $5.13in morning trading Wednesday, after reporting first-quarter results that,while in line with the company's lowered expectations, were belowyear-earlier levels. The e-business software maker also reportedly announcedplans to eliminate jobs. Reports said that BroadVision plans to cut a total of 500j...

LSI Logic (NYSE: LSI) was at US$19.73, up 23 cents, in late-morning trading Wednesday, after reporting first-quarter 2001 results that were in line with expectations, while at the same time warning of an expected second-quarter loss. Earlier in the morning, the shares slipped as low as $18.83....

JDS Uniphase (Nasdaq: JDSU) fell US$1.88 to $22.30 in morning trading Tuesday, after reporting quarterly results in line with previously lowered expectations and announcing plans to cut 5,000 jobs as part of a restructuring The fiber-optic component maker said that a "global realignment program" will result in charges of $375 million to $425 millio...

Compaq (NYSE: CPQ) dropped US$1.99 to $18.66 inmorning trading Tuesday, after the computer maker reported a drop infirst-quarter net income, warned of more weakness in the second quarter andannounced plans for further cost cuts Company officials reportedly told investorson a conference call that they plan to eliminate 2,000 more jobs thanpreviously...

Check Point Software Technologies(Nasdaq: CHKP) fell US$6.72 to $65.67 in morning trading Tuesday, even after beatinganalyst estimates for the first quarter ended March 31st "We delivered record results in challenging market conditions, demonstratingthe importance of Internet security," said founder and chief executiveofficer Gil Shwed.

Oracle (Nasdaq: ORCL) fell US$1.82 to $17.93 in morning trading Monday, after Lehman Brothers downgraded the stock to buy from strong buy "Although it's still early in the quarter, we worry that what is typically a seasonally strong quarter for Oracle could prove to be unusually weak, given the tough U.S. macroeconomic environment and potentially w...

SBC Communications (NYSE: SBC) was downUS$1.52 to $38.48 in morning trading Monday, after reporting a drop infirst-quarter earnings and warning that results for the rest of the year maybe hurt by a weak economy The San Antonio, Texas-based Baby Bell said that investments in "growthinitiatives" and a slowing economy resulted in a decline in earnings...

HotJobs.com gained 10 U.S. cents to $3.90 inmorning trading Monday, after the Internet recruitment company announced analliance with Australia's News Corp. (NYSE: NWS) to create an online jobsboard in Australia and New Zealand Hot Jobs, based in New York City, said that its software will power the newbusiness, which will be run by News Corp.'s Care...

Entrust Technologies (Nasdaq: ENTU)picked up 18 U.S. cents to $7.05 in morning trading Monday, after the Internetsecurity company said it found a new president and chief executive officer F. William Conner, 42, joins the company from Nortel Networks, where heworked as vice president of e-business solutions, president of theenterprise division and c...

Entrust Technologies (Nasdaq: ENTU)picked up 18 U.S. cents to $7.05 in morning trading Monday, after the Internetsecurity company said it found a new president and chief executive officer F. William Conner, 42, joins the company from Nortel Networks, where heworked as vice president of e-business solutions, president of theenterprise division and c...

Entrust Technologies (Nasdaq: ENTU)picked up 18 U.S. cents to $7.05 in morning trading Monday, after the Internetsecurity company said it found a new president and chief executive officer F. William Conner, 42, joins the company from Nortel Networks, where heworked as vice president of e-business solutions, president of theenterprise division and c...

Nortel Networks (NYSE: NT) fell 38 U.S. cents to $17.42 in morning trading Friday, after the telecom companyreported a quarterly loss and said it will lay off more workers The Toronto, Canada-based communications company said revenue for the firstquarter ended March 31st slipped to US$6.18 billion, from $6.32 billion inthe same period last year.