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BUSINESS
February 19, 1999 | Bloomberg News
Get ready for the next Internet-related stock rocket: Vignette Corp., a maker of software designed to help online retailers increase sales, raised $76 million in an initial stock sale Thursday. The Austin, Texas-based company and existing shareholders sold 4 million shares at $19 each. That was $2 above the top of the $15-to-$17 range set by lead underwriter Morgan Stanley, Dean Witter & Co.
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BUSINESS
February 19, 1999 | Bloomberg News
Get ready for the next Internet-related stock rocket: Vignette Corp., a maker of software designed to help online retailers increase sales, raised $76 million in an initial stock sale Thursday. The Austin, Texas-based company and existing shareholders sold 4 million shares at $19 each. That was $2 above the top of the $15-to-$17 range set by lead underwriter Morgan Stanley, Dean Witter & Co.
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BUSINESS
May 8, 2000
*As of May 4 *--* Market Thursday's Percent capitalization, closing change in millions* Name stock price year to date $128,349 America Online $ 56.25 -25.9 67,467 Yahoo Inc. 124.19 -42.6 17,650 CMGI Inc. 63.06 -54.5 16,915 Tibco Software 89.61 +75.7 16,131 Exodus Comm. Inc. 87.50 -1.5 16,007 Inktomi Corp. 147.23 +65.9 14,717 Ariba Inc. 76.56 -13.7 13,861 InfoSpace Inc. 64.00 +19.6 11,735 BroadVision Inc. 47.25 -16.7 10,490 Vignette Corp. 54.25 -0.2 *--* Source: Bloomberg News
BUSINESS
May 23, 2000 | Bloomberg News
Vignette Corp., a maker of customer service software for American Express Co. and others, agreed to buy OnDisplay Inc. for about $1.7 billion in stock to expand its products and add clients in business on the Internet. Vignette will swap 1.58 shares, valued at $69.22, for each OnDisplay share, a 30% premium to Friday's closing price. Shares of Austin, Texas-based Vignette dropped $8.94 to close at $34.88, while OnDisplay, based in San Ramon, Calif., closed up 88 cents at $54.13, both on Nasdaq.
BUSINESS
January 17, 2000 | Karen Kaplan
No one can accuse Richard Wolpert, chief executive of Beverly Hills-based e-commerce site CheckOut.com, of not putting his money where his mouth is. Wolpert, the former Disney Online president who often hypes the benefit of blending entertainment with technology, has made investments in several companies doing just that. Wolpert will announce today that his personal investment company, Westlake Village-based Chase Investments, has taken stakes in six technology and entertainment firms.
BUSINESS
December 8, 1999 | Bloomberg News
A sampling of new stock ratings issued Tuesday by Wall Street equity analysts: * Antec Corp. (ANTC; $41.25, down $8.44) was downgraded to "hold" from "buy" by Josephthal & Co. * Casella Waste Systems Inc. (CWST; $19.06, up 50 cents) was rated new "strong buy" by Deutsche Banc Alex. Brown. * Circuit City Stores (CC; $42.69, down $1.06) was downgraded to "neutral" from "buy" by Salomon Smith Barney. * Exxon Mobil Corp. (XOM; $83.
BUSINESS
January 19, 2001 | Bloomberg News
Despite a broad rally in technology shares, many of last year's stars in the business-to-business e-commerce sector took another pounding Thursday. Vignette Corp. (VIGN) shares plunged 38%, down $4.69 to $7.81, after the Internet commerce software maker forecast a first-quarter loss and smaller 2001 profit because the economic slowdown is hurting demand.
BUSINESS
February 2, 1999 | GREG WILES, BLOOMBERG NEWS
Shares of Cnet Inc., which runs news Web sites and produces TV shows about technology, rose 12% as a public offering for an affiliate company neared and takeover speculation circulated. The San Francisco-based company's shares rose $12.88 to close at $117.88 on Nasdaq. Earlier, shares climbed to $126.25, an all-time high. CBS.MarketWatch.com reported Cnet shares surged because the company may benefit from the upcoming stock offering by Vignette Corp.
BUSINESS
November 3, 1999 | Times Staff; Bloomberg News
With "dot-com" investors getting choosy, the fundamentals suddenly matter. Stocks of Internet companies posting positive earnings--or thinning losses on growing revenue--are rising, whereas many of those spilling red ink languish well off their peaks. Pasadena-based Internet search service GoTo.com Inc.'s stock zoomed 40% on Tuesday after the company said its third-quarter loss was smaller than expected and revenue surged.
BUSINESS
August 2, 2013 | By Chris O'Brien
The gig: Phil Libin, 41, is chief executive of Evernote, which makes apps that let people store notes and other content that is important to them and make those items available across many devices. The original Evernote app launched in 2008 and the Redwood City, Calif., company now has 66 million users. Along the way, it has raised more than $200 million in venture capital, and with its most recent round of funding in 2012 it has been valued at $1 billion. Serial entrepreneur: Prior to joining Evernote, Libin founded and served as president of CoreStreet, which provides credential and identity management technologies to governments and large corporations.
BUSINESS
July 23, 1998 | From Times Wire Services
Amazon.com Inc. said Wednesday that its second-quarter loss widened as the No. 1 online bookseller attracted more customers but spent heavily to do so amid intense competition from Barnes & Noble Inc. and other Internet rivals. N2K Inc., which sells music over the Internet, also reported larger losses in the second quarter as revenue soared. Online news service CNet Inc. posted a loss in the quarter as well, citing a slowdown in traffic growth on its Web site. MindSpring Enterprises Inc.
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