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BUSINESS
January 12, 2001 | Reuters
Publishing company Pulitzer Inc. said it sold its Postnet.com Internet access service to EarthLink Inc. for an undisclosed sum. Earlier in the week, Pulitzer sold its StarNet dial-up Internet access business in Tucson to EarthLink, the No. 2 U.S. Internet service provider. The Postnet.com site will continue to offer free news, sports and entertainment information. Customers who bought Internet service from Postnet.com will be moved to EarthLink. Shares of Pulitzer closed up $1.04 at $48.
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BUSINESS
July 17, 2001 | Reuters
EarthLink Inc. said it will offer its high-speed Internet services to some AOL Time Warner cable customers starting in September--news that sent shares of the AOL rival up 6%. EarthLink's deal to provide Internet service in Columbus, Ohio, and Syracuse, N.Y., was the first fruit of an open-access pact struck in November as part of the approval process for America Online Inc.'s purchase of Time Warner.
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BUSINESS
July 17, 2001 | Reuters
EarthLink Inc. said it will offer its high-speed Internet services to some AOL Time Warner cable customers starting in September--news that sent shares of the AOL rival up 6%. EarthLink's deal to provide Internet service in Columbus, Ohio, and Syracuse, N.Y., was the first fruit of an open-access pact struck in November as part of the approval process for America Online Inc.'s purchase of Time Warner.
BUSINESS
June 27, 2001 | From Reuters
EarthLink Inc. said Tuesday it is raising the monthly price of its basic, unlimited dial-up service $2 to $21.95, a month after rival America Online Inc. increased its rates. The price increase, the first in EarthLink's history, came earlier than expected and bodes well for the company's financial performance, Goldman Sachs analyst Anthony Noto said in a research note. EarthLink rose $1.56, or 13%, to $13.83 on Nasdaq.
BUSINESS
March 20, 2001 | From Associated Press
Hundreds of thousands of e-mails sent by EarthLink Inc. customers to America Online Inc. accounts were rejected and lost over at least 10 days, EarthLink said Monday. An AOL spokesman said software designed to restrict junk e-mail, or spam, was to blame. After conferring Monday, the companies said the problem had been resolved.
BUSINESS
May 10, 2000 | Bloomberg News
Sprint Corp. plans to increase its stake in EarthLink Inc., the second-biggest U.S. Internet access provider, to nearly 27% by buying 26 million additional shares for $431 million. At $16.58 each, the purchase price is 2.5% below EarthLink's closing price Monday. EarthLink shares rose $1.44, or 8%, Tuesday to close at $18.44 on Nasdaq. Sprint originally owned 29% of EarthLink, though that was cut in half when Pasadena-based EarthLink merged with MindSpring Enterprises Inc. in February.
BUSINESS
June 27, 2001 | From Reuters
EarthLink Inc. said Tuesday it is raising the monthly price of its basic, unlimited dial-up service $2 to $21.95, a month after rival America Online Inc. increased its rates. The price increase, the first in EarthLink's history, came earlier than expected and bodes well for the company's financial performance, Goldman Sachs analyst Anthony Noto said in a research note. EarthLink rose $1.56, or 13%, to $13.83 on Nasdaq.
BUSINESS
May 21, 2001 | LIZ PULLIAM WESTON, TIMES STAFF WRITER
Investors who gave money to fallen investment manager Reed E. Slatkin already are looking for ways to recoup their expected losses through lawsuits--but they're finding few obvious targets, investor attorneys said.
BUSINESS
November 16, 2000
Hughes Electronics Corp.'s network systems unit will provide satellite Internet services to EarthLink Inc. in a deal that will expand EarthLink's Internet coverage in rural areas. The agreement adds satellite services to EarthLink's digital subscriber lines, cable and wireless Internet delivery options. . . . EToys said it secured a $40-million revolving credit from Foothill Capital Corp. of Santa Monica, giving it sufficient funds to last to the end of June.
BUSINESS
February 8, 2008 | From Times Wire Services
Internet service provider EarthLink Inc. said it would sell its citywide wireless network, which operates in Anaheim and other cities nationwide, to help revive profit after six straight quarterly losses. The Atlanta-based company valued its Wi-Fi unit at $40 million in November when it announced plans to examine options for the network. EarthLink is approaching "a variety" of potential buyers, Chief Executive Rolla Huff said.
BUSINESS
May 21, 2001 | LIZ PULLIAM WESTON, TIMES STAFF WRITER
Investors who gave money to fallen investment manager Reed E. Slatkin already are looking for ways to recoup their expected losses through lawsuits--but they're finding few obvious targets, investor attorneys said.
BUSINESS
March 20, 2001 | From Associated Press
Hundreds of thousands of e-mails sent by EarthLink Inc. customers to America Online Inc. accounts were rejected and lost over at least 10 days, EarthLink said Monday. An AOL spokesman said software designed to restrict junk e-mail, or spam, was to blame. After conferring Monday, the companies said the problem had been resolved.
BUSINESS
January 12, 2001 | Reuters
Publishing company Pulitzer Inc. said it sold its Postnet.com Internet access service to EarthLink Inc. for an undisclosed sum. Earlier in the week, Pulitzer sold its StarNet dial-up Internet access business in Tucson to EarthLink, the No. 2 U.S. Internet service provider. The Postnet.com site will continue to offer free news, sports and entertainment information. Customers who bought Internet service from Postnet.com will be moved to EarthLink. Shares of Pulitzer closed up $1.04 at $48.
BUSINESS
May 10, 2000 | Bloomberg News
Sprint Corp. plans to increase its stake in EarthLink Inc., the second-biggest U.S. Internet access provider, to nearly 27% by buying 26 million additional shares for $431 million. At $16.58 each, the purchase price is 2.5% below EarthLink's closing price Monday. EarthLink shares rose $1.44, or 8%, Tuesday to close at $18.44 on Nasdaq. Sprint originally owned 29% of EarthLink, though that was cut in half when Pasadena-based EarthLink merged with MindSpring Enterprises Inc. in February.
BUSINESS
May 24, 2001 | Bloomberg News
EarthLink Inc. named Coca-Cola Co. executive Karen Gough marketing chief. Gough, 44, fills the new office of executive vice president of marketing, where she will oversee advertising, promotions and brand marketing at Atlanta-based EarthLink beginning June 1. She had been vice president of marketing solutions for Coca-Cola North America.
BUSINESS
February 10, 2006 | From Bloomberg News
EarthLink Inc., the No. 4 U.S. Internet access provider, said fourth-quarter profit declined 18% as it lost dial-up customers to rivals. Net income declined to $29.2 million, or 22 cents a share, from $35.6 million, or 23 cents, a year earlier. Sales fell 7.5% to $312.6 million, Atlanta-based EarthLink said. EarthLink shares fell 17 cents to $11.11.
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