Informix expects earnings shortfall; stock plunges 37%
Article Abstract:
Second-quarter earnings are expected to fall short of analysts' predictions, Informix Corp. announced. Results from recent acquisition of Ardent Software Inc. will not be added, contrary to previous expectations. Net income is expected to come in at $3.1 million to $9.2 million, or one to three cents a share, far below the twelve cents a share that had been forecast.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2000
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How Microsoft hopes to win with Xbox; game battle claims a casualty
Article Abstract:
Microsoft Corp. plans to unveil its Xbox video game console in the fall of 2001. The company's experience in software authoring, as well as its experience in computer-game design will help it to sell its first piece of hardware. Microsoft has also acquired two smaller video-game developers: Digital Anvil Inc. and Bungie Software Products Corp. Microsoft has incorporated game-developers' ideas into the design of the Xbox and hopes to gain market share away from its two stiffest competitors, Sony Corp. and Nintendo.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2001
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Ariba faces earnings shortfall, layoffs
Article Abstract:
Business-to-business Internet ace Ariba Inc. announced it will have a 20 cents per share loss in its second quarter. Earnings are up 125% from 2000 at $90 million, less than expected by analysts. Ariba will not acquire Agile Software and will lay off one-third of its staff, about 700 employees. Business-to-business stocks have plummeted in a year. High-profile Ariba is trading at about $6.53 after its earnings announcement.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2001
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Comment about this article or add new information about this topic:
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