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Text Messaging Is On The Wane, Warns Logica
News In a generally upbeat trading statement, the UK IT services company said that it expected to continue to achieve strong revenue growth and "continued margin improvement" this year. In the trading statement, issued ahead of its end-of-year results...
[June 6, 2001, 14:50]
SEC Clamps Down On Spammers And Hackers
News The Securities and Exchange Commission (SEC) suspended trading on Thursday in the securities of 35 companies that were heavily promoted in spam email campaigns, it said in a statement. Earlier in the week the SEC won an emergency court order...
[March 9, 2007, 8:07]
World Online Raided In IPO Insider Trading Probe
News Dutch-based Internet service provider (ISP) World Online said Monday its headquarters had been raided in connection with allegations of insider trading around the company's disastrous initial public offering in March.
[November 14, 2000, 10:03]
Corel Agrees To Sell Out For £64m
News In light of recent trading activity in Corel's common shares, Corel has announced that there is a high likelihood that it will shortly enter into a definitive agreement with Vector Capital for a transaction at a price per common share which will...
[June 6, 2003, 10:46]
IT Salaries On The Rise In 2007
News In the third quarter, capacity constraints had a dampening effect on revenue growth in a number of our key territories," LogicaCMG said in its trading statement, adding that the situation was now showing signs of improvement.
[January 24, 2007, 13:30]
Becta Takes Microsoft To The OFT
News In a statement, Becta said it was taking Microsoft to the Office of Fair Trading (OFT) because negotiations had stalled, with no movement on "the limitations Microsoft places on schools using its subscription licensing arrangements and the...
[October 19, 2007, 16:44]
Palm Chief Executive Quits
News Palm shares were up slightly after the announcement to $2.30 in after-hours trading on the Island ECN, after closing regular trading down 3 cents, or 1.3 percent, to $2.27, well off a 52-week high of $62.75.
[November 9, 2001, 8:44]
AMD: Second-quarter Earnings To Plunge
News AMD shares plunged in after-hours trading, changing hands at $24 a share on the Island ECN. Ahead of the warning, AMD shares lost $1.12, or 3.8 percent, to close regular trading at $28.64. The company said in a statement that second-quarter net...
[July 6, 2001, 8:58]
P2P Group To Pay Girl's RIAA Bill
News P2P United, a peer-to-peer industry trade group that includes Grokster, StreamCast Networks, Limewire and other file-trading software companies, said Wednesday it had offered to reimburse Brianna Lahara and her mother's payment to the Recording...
[September 11, 2003, 10:30]
Corel CEO Charged With Insider Dealing
News Cowpland sold his shares when they were trading between C$8.20 and C$8.80. The insider trading investigation relates to 1997 trading activity. The commission also issued a temporary cease trade order against Cowpland and his holding company, which...
[October 15, 1999, 8:49]
ISP Caching Tool Muddies Copyright Waters
News But holding copies of copyrighted material could make ISPs accomplices in illegal file trading, at least according to an early survey by one recording-industry trade association. IFPI's US counterpart, the Recording Industry Association of America...
[July 21, 2003, 13:16]
Cisco Posts Profit Warning
News In regular trading Monday, Cisco's shares closed at $17.20 (£12.00). In after-hours trading, the stock slipped to about $15.30 (£10.60). This charge reflects the recent significant and unexpected drop in customer demand," Cisco chief financial...
[April 17, 2001, 7:26]
Napster Offers Billion Dollar Sweetener
News The company needs to stop trading copyrighted works now, she said. The company is scrambling for damage limitation after a court ruling last Monday that threatens to cripple its popular music-trading service.
[February 21, 2001, 8:40]
OFT To Shake Up Government IT Spending
News In what could lead to a wide-ranging shake-up of government purchasing processes, the Office of Fair Trading has launched an economic analysis of government procurement and the affects it has on competition and innovation.
[February 6, 2004, 16:55]
Appeals Court To Napster: Rock On!
News In its motion for a stay, filed Thursday, the company argued it would have had to lay off employees and shut its site down because it had no way to differentiate trading of major-label songs from trading of songs by independent artists.
[July 31, 2000, 8:36]
Hewlett Family To Oppose HP-Compaq Deal
News With HP shares now trading at $19.70, Compaq shares should be trading closer to $12.41, nearly 50 percent above their current price. Three of William Hewlett's children--Walter Hewlett, Eleanor Hewlett Gimon and Mary Hewlett Jaffe--as well as the...
[November 7, 2001, 8:55]
Intel Sees 76 Percent Drop In Income
News In regular trading Tuesday, they gained 77 cents, or 2.6 percent, to close at $29.90. Intel shares dropped 98 cents, or 3.3 percent, to $28.92 in early after-hours trading on the Island ECN after the report.
[July 18, 2001, 9:13]
BSA 'piracy' Report Dismissed As Scaremongering
News Anderson claimed that BSA is focusing on the issue of unlicensed software as a decoy, while companies are actually more likely to use the enforcement directive to crack down on legal activities such as grey market trading.
[May 19, 2005, 12:45]
Microsoft Hits European Antitrust Deadline
News A pass will allow the company to carry on trading normally within the European Union. A fail will see the company being forced to pay €3m a day in fines — backdated to July 31 2006 — if it wished to continue trading in the EU.
[November 23, 2006, 13:22]
Microsoft Decides To Share The Wealth
News Shareholders appeared to applaud the news, sending Microsoft shares up 4 percent in after-hours trading. Shares changed hands recently at $29.48, up $1.16 from the regular-trading close of $28.32. We are confident in our long-term ability to grow...
[July 21, 2004, 9:25]
