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Digital Island (Nasdaq: ISLD), which provides networking services for e-commerce businesses, went public on Tuesday with little-to-no fanfare. The offering priced at $10 a share -- the low end of its price range. The stock opened at 9-1/16 before recovering to close at 11-7/8. That's not a bad gain, but it's certainly nothing like what's been happening to many recent high-flying Internet initial public offerings...
America Online (NYSE: AOL) is becoming a little more fashionable and a little richer ...
Looks like the initial public offering of online mortgage provider E-Loan (Nasdaq: EELN) is a solid one, after all. E-Loan went public on Tuesday after pricing its IPO at $14. The stock closed its first day of trading at 37, a gain of 164 percent ...
After the dust settled on Tuesday, it looks like Wall Street was rather pleased with CMGI's acquisition of an 83 percent stake of Compaq's AltaVista search engine and related properties. Shares of CMGI soared 12-5/8 to 110-5/16 on Tuesday, while Compaq stock climbed 1-1/16 to 23-3/8 ...
For about a week, Wall Street had been buzzing about a possible deal between Internet incubator CMGI (Nasdaq: CMGI) and computer manufacturer Compaq (Nasdaq: CPQ). The companies made it official today ...
Online investment bank Wit Capital's (Nasdaq: WITC) quiet period ends today, but the stock was already roaring a day earlier. Shares of Wit Capital continued their remarkable run on Monday, gaining 8-1/2 to 27-1/16. That's a rise of nearly 46 percent ...
Shares of Portal Software (Nasdaq: PRSF), which develops customer management and billing software for online businesses, climbed 11/16 to 45-3/4 on Monday after CS First Boston initiated coverage of the company with a buy rating and a $59 price target ...
Shares of e-commerce software developer Silknet Software (Nasdaq: SILK) gained 12.5 percent Monday, rising 3-15/16 to 35-7/16 after the company announced a new strategic alliance ...
For e-commerce companies, raising brand awareness through offline promotion can be an extremely costly yet crucial part of their marketing strategy. On Friday, Microsoft (Nasdaq: MSFT) announced that it had scored a significant coup in that regard ...
Most of the attention surrounding Friday's initial public offering action surrounded Internet infrastracture company Juniper Networks (Nasdaq: JNPR), which priced its IPO at $34 -- well above its original range -- and then watched its stock closed at 98-7/8, a gain of nearly 200 percent. Despite all the noise that surrounded that IPO, there was still money to go around for e-commerce IPOs...
Stamps.com (Nasdaq: STMP) was another e-commerce IPO that closed with a healthy gain on Friday. The IPO priced at $11 and closed up 2-11/16, a gain of nearly 25 percent. The online postage company is somewhat of a question mark right now because its technology -- which allows users to print electronic stamps -- hasn't been approved by the U.S. Postal Service yet. Another potential stumbling block is the lawsuit industry leader Pitney Bowes has filed against Stamps.com, alleging that Stamps.com has infringed on its patents...
The extremely busy week of Internet initial public offerings continued on Thursday, and one of the winners was Cybersource (Nasdaq: CYBS), which develops real-time e-commerce transaction services. The IPO priced at $11, above the original $8 to $10 price range, and shares of Cybersource closed up 2-9/16 -- a gain of more than 23 percent -- on Thursday...
For first-time automobile buyers, one of the few things as frustrating as visiting a car dealership is figuring out which insurance company to use. On Thursday, online auto retailer Autobytel.com (Nasdaq: ABTL) announced a partnership that could help customers avoid that hassle ...
Shares of online software retailer Beyond.com (Nasdaq: BYND) soared more than 28 percent, climbing 7-1/4 to 32-7/8 on Wednesday as rumors about Amazon.com (Nasdaq: AMZN) buying the company at a nice premium began to surface ...
Music and entertainment retailer Musicland (NYSE: MLG) is hoping that e-commerce will turn its fortunes around. Musicland, which operates more than 1,300 brick-and-mortar stores including Sam Goody, Suncoast, MediaPlay and OnCue, announced Wednesday that it has launched e-commerce stores for all of its brick-and-mortar brands ...
Banks like electronic billing because it is cost-efficient and can be faster than traditional forms of securing payment ...
For one day at least, there was an upward frenzy in the Internet sector as almost every big name rebounded from recent losses. Among the biggest risers: Amazon.com (Nasdaq: AMZN) closed up 12-3/16 to 123-1/2, Yahoo! (Nasdaq: YHOO) gained 14-7/16 to 158-7/8 and Lycos (Nasdaq: LCOS) climbed 8-7/8 to 96-5/8 ...
Online magazine Salon.com (Nasdaq: SALON) is expected to go public today after pricing its IPO at $10.50 -- the low end of its pricing range. What makes Salon.com unique is that it is just the second company and the first Internet company to use online investment bank W.R. Hambrecht & Co's OpenIPO Dutch auction format to go public ...
Last month, business-to-business online marketplace BizBuyer.com announced a $1 million (US$) seed round of financing from investors including eBay (Nasdaq: EBAY) CEO Meg Whitman. Today, the buyer-drive marketplace -- founded in September of 1998 and based in Santa, Monica, California -- was greatly bolstered with the announcement of a $5 million commitment from @Ventures, the venture-capital arm of leading Internet incubator CMGI (Nasdaq: CMGI)...
In a direct blow to Amazon.com's (Nasdaq: AMZN) auction strategy, leading portal site Yahoo! (Nasdaq: YHOO) unveiled a new program today that is designed to help sellers with large inventories of items manage their auctions more efficiently ...
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