Stories by Kathleen Ohlson

IBM unveils software for mainframes

Taking aim at its mainframe customers, IBM has unfurled an enhanced version of its flagship e-commerce WebSphere software that would let the Big Iron more efficiently handle complex e-business transactions.

I2 reels in RightWorks

With an eye toward bolstering its supply chain management software, i2 Technologies Inc. this week said it will buy privately held RightWorks Corp. in a deal valued at US$114 million.

Users to IBM: Beef up wares

Big Blue's largest users have spoken: They want IBM Corp. to improve its e-commerce wares and security features.

RightWorks readies e-commerce app upgrade

RightWorks Corp. this month will roll out a new version of its eBusiness Application Suite. The upgrade will enable customers to tie together various systems in a "single coherent flow," says Lou Unkeless, RightWorks' vice president of strategy and product marketing.

StorageTek, SGI Hit with Earnings Bug


FRAMINGHAM (10/10/2000) - Storage Technology Corp. and Silicon Graphics Inc. became the latest companies to warn about earnings shortfalls for their respective quarters.

SGI, StorageTek Hit with Earnings Bug

Storage Technology Corp. and Silicon Graphics Inc. Monday became the latest technology vendors to warn about anticipated earnings shortfalls in the quarter that ended last month.

Software Maker Open Market Cuts 150 Jobs

Internet software maker Open Market Inc. Tuesday announced that its third-quarter earnings will be below Wall Street expectations and said it will eliminate 150 jobs as part of restructuring plans.

Imation Plans Layoffs, Possible Restructuring

Data storage systems maker Imation Corp. announced Thursday that it will miss analysts' expectations for earnings for the quarter and that it is exploring alternatives including financial restructuring, stock repurchases and potential mergers.

Legato Makes Gains with New CEO, CFO

Legato Systems Inc. took the first steps this week to return itself to credibility, naming David Wright as president and CEO and Andrew Brown as chief financial officer, analysts said.

Chicago Board Tries to Close Vote Site

The Chicago Board of Election Commissioners today said it requested federal and state attorneys to shut down a Web site that offers votes to the highest bidder in this year's presidential election.

Apple Drops Shocker, Warning of Lower Q4 Profits

To say that Apple Computer shocked Wall Street analysts and investors by warning late last week that earnings in its fourth fiscal quarter will be well below expectations would be a major understatement.
Apple's stock plummeted 40 per cent Thursday night in after-hours trading following the announcement by the company that profits in the three-month period ending Saturday will be "substantially below" earlier projections because of slow computer sales this month.

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