PSINet CEO sells shares to cover loan
The head of troubled backbone provider PSINethas had to sell millions of his company'sshares to cover a margin call.PSINet (psix) said Thursday that chairman and CEO William L.
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Lucent CFO resigns
In another sign of turmoil at Lucent Technologies Inc., the company announced that Chief Financial Officer Deborah Hopkins is leaving the company to pursue "other opportunities.
N.Y. clearing house says Y2k test 'perfect'
The New York Clearing HouseAssociation, the electronic link between banks and business thatallows fund transfers and direct payrolls deposits, said Mondaya three-day Year 2000 test had so far yielded 'perfect' results.The system handles 95 percent of all international U.
Investor AM: Dot-com rebound short-lived?
If you took a stand on April 1st and told all your pals to buy dot-com stocks, you probably would have gotten quite a chuckle and a few referrals to get counseling. After all, it was April Fool's Day.
Evite seeks a buyer
Evite Inc. CEO Josh Silverman has put the company up for sale, he said Friday.
Wireless ad standards taking shape
Wireless advertising is literally starting to take shape. On Wednesday, the Wireless Advertising Association released its suggestions for the standard way to show advertising on cell phones and personal digital assistants.
Market close: Mixed bag for techs
Technology stocks finished mixed Thursday as the Nasdaq composite tacked on 13 points to 3,720.74.
E*Trade edges Q4 estimates
E*Trade Group Inc. bested analysts'expectations, pulling in a profit of $7.
Study: Online banks a flop in U.K.
The poor availability of online banks' Web sites is letting down customers, according to a study published this week by Web site performance monitoring company Site Confidence. Analysts said this poor service could deter many customers and lose business for the banks.
Investor AM: Heads up on privacy permission
OK, who here reads every piece of paper that comes in the mail from your credit card company, bank, brokerage house or insurance company?That's what we thought.