Business Editorldignan@ziffdavisenterprise.comLarry formerly served as the East Coast news editor and Finance Editor at CNET News.com. Prior to that, he was editor of Ziff Davis Inter@ctive Investor, which was, according to Barron's, a Top-10 financial site in the late 1990s. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism.
The market for initial public offerings may be stagnant, but the market for secondary stock and debt offerings sure is heating up. In recent days, many tech highfliers have floated debt and stock offerings in a move to fill their coffers. These offerings havent exactly been chump change either. Ciena (Nasdaq: CIEN) raised $1.5 billion […]
The January effect was a beautiful thing for the tech sector. The Nasdaq composite index surged more than 12 percent. Investors even found a bright side to gloomy earnings reports. The January effect is a Wall Street phenomenon in which retirement money floods the market and investors go on a buying spree. Aided by bargain […]
In recent days, youve likely heard some outlook for the tech sector in 2001. Intel, Yahoo! and others projected a gloomy year, industry wonks have been reversing their forecasts and cyclical sectors such as semiconductors have gone from boom to bust. The consensus view is that the tech sector will rebound in the second half […]
Theres nothing like some hard times to make a company re-evaluate the company it keeps. Internet health property WebMD (Nasdaq: HLTH), which is in the middle of a massive restructuring, is rapidly redoing its partnerships to push up its profit target. The effort illustrates the big difference between dot-coms circa 1999 and dot-coms now. Like […]