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BUSINESS
August 10, 2001 | Reuters
Verity Inc. said it expects a loss instead of a profit in its fiscal first quarter, the second time in two months it has cut its outlook because of the weakened global economy. Verity's shares slumped $3.08, or 24%, to $9.62 on Nasdaq, after plunging to a record low of $8.85. Sunnyvale, Calif.-based Verity, which makes software for searching the Internet, said for the first quarter ending Aug.
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BUSINESS
September 13, 2001 | Reuters
Verity Inc. posted a fiscal first-quarter loss of $2.5 million, or 7 cents a share, contrasted with profit of $7.2 million, or 20 cents, a year earlier. Revenue dropped 36% to $20.1 million at the Sunnyvale, Calif.-based seller of software for searching the Internet. Verity postponed its earnings conference call until today because of the terrorist attacks on the U.S.
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BUSINESS
September 13, 2001 | Reuters
Verity Inc. posted a fiscal first-quarter loss of $2.5 million, or 7 cents a share, contrasted with profit of $7.2 million, or 20 cents, a year earlier. Revenue dropped 36% to $20.1 million at the Sunnyvale, Calif.-based seller of software for searching the Internet. Verity postponed its earnings conference call until today because of the terrorist attacks on the U.S.
BUSINESS
August 10, 2001 | Reuters
Verity Inc. said it expects a loss instead of a profit in its fiscal first quarter, the second time in two months it has cut its outlook because of the weakened global economy. Verity's shares slumped $3.08, or 24%, to $9.62 on Nasdaq, after plunging to a record low of $8.85. Sunnyvale, Calif.-based Verity, which makes software for searching the Internet, said for the first quarter ending Aug.
BUSINESS
March 15, 2001 | Reuters
Web portal software maker Verity Inc. said its pro forma third-quarter earnings rose 18% to $9.2 million, or 25 cents a share, beating analysts' expectations of 23 cents, as revenue grew 30% to $38 million. The results, released after the market's close, sent Verity's stock up nearly 8% to $24.88 in after-hours trading. The shares had closed at $22.94, up 63 cents, on Nasdaq. The Sunnyvale, Calif.
BUSINESS
March 12, 1998 | Bloomberg News
Verity Inc. sued Lotus Development Corp., now a unit of IBM Corp., charging that Lotus misappropriated trade secrets under a 1992 computer software licensing agreement. At the same time, it said it was terminating the agreement because of Lotus' actions. Sunnyvale-based Verity develops and markets software tools for searching and retrieving information on computer databases and the Internet. Cambridge, Mass.
BUSINESS
October 14, 1997 | Bloomberg News
Verity Inc. said it hired the investment bank Wessels, Arnold & Henderson to advise about selling the rights to its IntelliServ software, used to monitor and distribute information within a computer network. Sunnyvale-based Verity said it decided to focus instead on developing software for searching and filtering information for business databases. While it seeks a buyer for IntelliServ, it is cutting back at the unit in Bellevue, Wash., that is responsible for the product.
BUSINESS
May 7, 1996
Companies ranked by chance in stock price since 1995 initial offering. *--* Rank Company Offering Price Recent Price 1 DSP Communications Inc 10 30.5 2 Premisys Communications Inc 16 41.75 3 HNC Software Inc 14 36.5 4 Remedy Corp 23 67 5 Netscape Communications Corp 28 55.25 6 Arbor Software Corp 17 64 7 P-Com Inc 12 20.88 8 PDT Inc 16 54.5 9 Clarify Inc 13 40 10 Red Brick Sys Inc 18 55 11 Lumisys Inc 8 23.5 12 Verity Inc 12 31.5 13 Xylan Corp 26 64.
BUSINESS
May 6, 1997
Companies with sales between $10 million and $50 million are ranked by percentage increase in 1996 sales. The Sales Growth 100 list on Page 31 measures companies with sales above $50 million. *--* Rank Company 1996 sales 1996 (millions) % change 1 SmarTalk TeleServices $15 3209% 2 NetVantage Inc. 27 1,923 3 BroadVision Inc. 11 1,915 4 Triathlon Broadcasting Co. 19 1,611 5 Sequus Pharmaceuticals 33 1,533 6 Infoseek Corp. 15 1,363 7 Gilead Sciences Inc. 33 821 8 Yahoo! Inc.
BUSINESS
March 11, 2003 | Michelle Locke, Associated Press
Computer scientist Jon Kleinberg is taking a virtual stroll down the information superhighway, surfing cyberspace for verbal megatrends. Did you wince? Those hopelessly passe terms were passably hip just a few years back. Then, because of overuse or a feckless public, they fell out of fashion. Kleinberg's research is actually scientific. He uses algorithms to identify sudden jumps in the use of words, offering a glimpse into the mechanics of language evolution -- what makes a word hot, or not.
BUSINESS
March 15, 2001 | Reuters
Web portal software maker Verity Inc. said its pro forma third-quarter earnings rose 18% to $9.2 million, or 25 cents a share, beating analysts' expectations of 23 cents, as revenue grew 30% to $38 million. The results, released after the market's close, sent Verity's stock up nearly 8% to $24.88 in after-hours trading. The shares had closed at $22.94, up 63 cents, on Nasdaq. The Sunnyvale, Calif.
BUSINESS
March 12, 1998 | Bloomberg News
Verity Inc. sued Lotus Development Corp., now a unit of IBM Corp., charging that Lotus misappropriated trade secrets under a 1992 computer software licensing agreement. At the same time, it said it was terminating the agreement because of Lotus' actions. Sunnyvale-based Verity develops and markets software tools for searching and retrieving information on computer databases and the Internet. Cambridge, Mass.
NEWS
December 14, 1994 | KRISTINA SAUERWEIN, SPECIAL TO THE TIMES
Call it the self-esteem backlash. In lovingly trying to raise children with healthy self-esteem, experts say more and more of the nation's middle-aged parents are overdoing it and, in the process, producing sour kids whose words and actions ooze with selfishness, snotty indifference and an attitude of entitlement.
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