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Shares of profile-driven online marketing company Engage (Nasdaq: ENGA) -- which is a majority-owned subsidiary of Internet holding company CMGI (Nasdaq: CMGI) -- soared nearly 27 percent on Thursday. Shares climbed 20-9/16 to 97-9/16 after the company announced that it will acquire CMGI properties Adsmart and Flycast Communications for about 32 million shares of stock. Based on Thursday's closing price, the deal is worth more than $3.1 billion. Engage stock traded as high as 112-1/2 on Thursday before pulling back...

Shares of Go2Net (Nasdaq: GNET), an online destination site that includes the Metacrawler search engine, the Hypermart hosting service for small businesses and the Silicon Investor financial site, climbed 5-1/16 to 97-1/16 on Wednesday. The gain comes one day after the company announced first-quarter earnings that handily topped analysts' expectations. After the markets closed on Tuesday, Go2Net reported earnings of $7.2 million, or 16 cents a share, compared to estimates of seven cents a share...

It appears that showing up on CNBC wearing only your boxers, which Beyond.com's (Nasdaq: BYND) Mark Breier once did, is not an advisable way to boost your company's stock price. As part of a major restructuring announced on Wednesday, Breier resigned as president and CEO of the online software retailer. Shares of Beyond.com climbed 9/16 to 8-1/2 after the news...

Shares of online Latin network El Sitio (Nasdaq: LCTO), climbed 1-3/16 to 35-1/4 on Wednesday after the stock got a strong buy rating from Credit Suisse First Boston. The investment firm, which was a lead manager for El Sitio's December IPO, gave the stock a 12-month price target of $55 ...

Shares of VerticalNet (Nasdaq: VERT), which operates business-to-business (B2B) e-commerce communities for a variety of industries, gained 23-13/16 to 163-1/2 after the company announced that it is working with Softbank Commerce Corp. to launch B2B vertical communities in Japan ...

Shares of online software retailer Beyond.com (Nasdaq: BYND) rocketed 24.5 percent on Tuesday, climbing 1-9/16 to 7-15/16 after the company announced that it has been selected by Red Hat (Nasdaq: RHAT) to resell Red Hat Linux software and services. Beyond.com, which has contracts to sell software to the government, is the first Red Hat certified reseller to provide Linux software and services to the U.S. government...

Shares of online marketplace ShopNow.com (Nasdaq: SPNW) soared nearly 18 percent on Tuesday, climbing 3 to 20 after the company announced that it has launched b2bNow.com, a B2B portal. ShopNow.com also announced the acquisition of privately held AXC Interactive, a B2B services firm that develops e-commerce applications, for about $13 million in cash and stock. AXC Interactive's customers include Microsoft and RealNetworks...

Shares of Red Hat (Nasdaq: RHAT), which sells packaged versions of the Linux operating system, fell nearly 11 percent in early trading today, tumbling 14-1/2 to 117-3/4 ...

Shares of Exodus Communications (Nasdasq: EXDS), an applications service provider that offers Internet system and network management solutions for e-commerce businesses such as eBay, climbed 2 to 108 in early trading today after the company said that it is teaming up with Nomura Research Institute to create an Internet data center in Japan ...

Shares of PRT Group (Nasdaq: PRTG), which provides e-commerce solutions and other information technology services, climbed 23.5 percent in early trading today, gaining 3/4 to 3-15/16. On Friday, the stock closed up 7/8 to 3-3/16 ...

Shares of healthcare solutions provider Healtheon/WebMD (Nasdaq: HLTH) climbed more than eight percent on Friday, gaining 3-1/16 to 41-3/16 after receiving a strong buy rating from Warburg Dillon Read. The investment firm gave Healtheon/WebMD a $60 price target, noting that the company is well positioned to capitalize on the growth of e-commerce in the healthcare sector...

Although stock splits do not change the fundamentals of companies in any way, they often lead to sharp spikes in stock prices. That is exactly what happened with Check Point Software (Nasdaq: CHKP), an Israel-based Internet security company, on Friday. Shares of Check Point, which is among the minority of Internet companies that is profitable, surged more than 19 percent, gaining 38-1/8 to 236 after the company announced a two-for-one stock split...

Shares of Portal Software (Nasdaq: PRSF), which develops customer management and billing software for providers of Internet services, rose more than five percent on Friday, climbing 4-3/4 to 98-5/8 after the stock got a buy rating from PaineWebber. Portal Software, whose clients include US West, Qwest Communications, Covad Communications and Juno Online, already has a favorable valuation of $7.8 billion. However, investors are viewing it as a fast-growing Internet infrastructure play, so it will not be surprising if the stock continues to see big gains...

NBC Internet (Nasdaq: NBCI), the owner of such properties as portal site Snap.com, direct e-commerce site Xoom.com and NBC.com, is apparently pleasing investors by making a big push into the Asian market. Shares of NBC Internet climbed 1-3/4 to 77-1/2 on Thursday after the company announced that it is teaming up with Asiacontent.com in a joint venture to offer content, portal and shopping services to Korea, Hong Kong, Singapore, Malaysia and Taiwan...

Shares of business-to-business e-commerce solutions company Commerce One (Nasdaq: CMRC) climbed more than 11 percent on Thursday, rising 17-5/16 to 173-7/8 after the company announced plans for a joint venture with Shell that will develop an online marketplace for the oil, gas and chemicals industry ...

Shares of The Cobalt Group (Nasdaq: COBT), which provides e-commerce solutions for the automobile industry, gained nearly 12 percent on Thursday, climbing 2-3/16 to 21 after the company announced an alliance with [email protected] The Cobalt Group will provide its 280,000 new vehicle listings from its auto dealership customers to [email protected], which will integrate the listings into Excite.com...

Shares of online software retailer McAfee.com (Nasdaq: MCAF), which develops anti-virus software and other utilities, gained 5-1/8 to 54 on Wednesday after the company announced a two-year distribution and advertising agreement with America Online ...

Shares of online retailer iGo (Nasdaq: IGO), which sells accessories for mobile computing devices and cellular phones, rocketed 1-11/16 to 8-11/16 on Wednesday after the company announced a partnership with IBM. iGo will offer users of IBM's ThinkPad and WorkPad users direct access -- via the Internet or telephone -- to purchase computer batteries, adapters, chargers, memory, hard drives, modems and other related products. IBM will provide its customers with links to iGo's offerings...

Shares of WebTrends (Nasdaq: WEBT), which provides enterprise solutions and traffic reporting for online businesses, climbed 3-3/8 to 76-3/4 on Wednesday after the company announced that financial information provider Hoover's Online has selected WebTrends' solutions to provide it with analysis and reporting services ...

In early trading today, shares of Yahoo! (Nasdaq: YHOO) fell hard for the second straight day. This tumble came despite the announcement on Tuesday of a two-for-one stock split and strong fourth-quarter earnings that beat analysts' expectations ...