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SafeNet Swoons on Weak Q1 Outlook

SafeNet (Nasdaq: SFNT) lost more than half its value in morning trading Thursday, falling US$18.25 to $15.13 afterwarning of a shortfall in first-quarter results ...

JNI Sinks as Sun Demand Falls

JNI (Nasdaq: JNIC) fell US$1.11 to $8.02 in morning trading Thursday after the company said results for the firstquarter will be below earlier expectations because of slow sales at itsbiggest customer, Sun Microsystems (Nasdaq: SUNW) ...

Liberate Climbs on iTV Deal

Liberate Technologies (Nasdaq: LBRT)rose 66 U.S. cents to $8.47 in morning trading Thursday after announcing anagreement to provide software to Charter Communications (Nasdaq: CHTR) fornew interactive TV (iTV) services ...

Tech Data Gains Despite Warning

Tech Data (Nasdaq: TECD) was up US$1.50 at $27.81 in morning trading Thursday, even after the Clearwater, Florida provider of information technology (IT) products and services said that the widespread slowdown in IT spending will hurt results for the next quarter ...

Handspring Sinks on Palm’s Woes

Handspring (Nasdaq: HAND) fell US$4.31 to $11.85 in morning trading Wednesday after rival handheld computer makerPalm (Nasdaq: PALM) issued a gloomy outlook for the current quarter, sayinga deteriorating economy has led to lower orders ...

Despite Market Woes, Lucent’s Agere IPO Gains in Debut

Agere Systems (NYSE: AGR) picked up 6 U.S. cents from its initial public offering (IPO) price of $6 in early trading Wednesday, in its long awaited debut session ...

Nortel Falls on Further Layoffs, Worsening Outlook

Nortel Networks (NYSE: NT) dropped US$2.27 to $14.49 in morning trading Wednesday after the telecom company announced a second set of layoffs and again reduced expectations for first-quarter results ...

ADC Telecom Tumbles on Job Cuts

ADC Telecommunications fell US$1.50 to $9.06 inmorning trading Wednesday after lowering its expectations for second-quarterresults and announcing plans to cut 3,000 to 4,000 workers ...

Viant Falls on Massive Job Cuts

Viant (Nasdaq: VIAN) fell 13 U.S. cents to $2.31in morning trading Tuesday after the Internet consulting company said it cut 211 jobs, or 38 percent of its workforce ...

HotJobs Slips on Job Cuts, Charge

HotJobs.com (Nasdaq: HOTJ) fell 16 U.S. cents to $5.34 in morning trading Tuesday, after the Internet recruitingcompany said it has cut 15 percent of its workforce since the start of the year ...

EarthLink Gains on Comcast Test Alliance

EarthLink (Nasdaq: ELNK) picked up 13 U.S. cents to $12.19 in morning trading Tuesday, after the Internet serviceprovider said Comcast Communications (Nasdaq: CMCSA) will try offering thecompany's broadband services over one of its cable systems ...

Vitesse Falls on Second Profit Warning

Vitesse Semiconductor (Nasdaq: VTSS) fell US$4.44 to $29.50 in morning trading Tuesday, after the company reduced itsoutlook for the current fiscal quarter for the second time this month ...

Cisco Drops as CEO Predicts Prolonged Slump

Cisco fell 69 U.S. cents to $18 in morning trading Monday, after the company's chief executive officer reportedly said that he expects the U.S. economy to remain in a slump for at least three more quarters ...

PMC-Sierra Slides on Q1 Outlook

PMC-Sierra (Nasdaq: PMCS) fell US$2.15 to $31.78 in morning trading Monday, after the communicationschipmaker said that results for the first quarter ending this month will be lowerthan previously thought ...

Conexant Slips on Outlook, Cuts

Conexant Systems (Nasdaq: CNXT) fell to US$10.94 in morning trading Monday, down 19 cents, after the communications chipmaker warned that continued weak demand and inventory overhang would result in a weaker-than-expected second fiscal quarter ...

LSI Falls, Cube Rises on Merger Plan

LSI Logic (NYSE: LSI) fell US$1.77 to$18.92 in morning trading Monday, after the company, which makes integratedcircuits and storage systems, said it agreed to acquire communicationsprocessor maker C-Cube Microsystems forstock worth about $878 million ...

Motorola Gains on New Job Cuts

Motorola (NYSE: MOT) rose 22 U.S. cents to $15.90 in morning trading Friday after the company said that it plans to cut approximately 4,000 jobs in its networks businesses ...

Red Hat Rises on Breakeven Results

Red Hat (Nasdaq: RHAT) rose US$1.31 to $6.53in morning trading Friday after the company, which makes software for thefree Linux operating system, said it broke even before extraordinary itemsin the fourth quarter ended February 28th ...

Tibco Climbs as Results Top Forecasts

Tibco Software (Nasdaq: TIBX) gained US$1.88to $9.91 in morning trading Friday, a 23.4 percent jump, after reporting quarterly results thattopped its previously lowered expectations ...

WebMD Higher on Results, Outlook

WebMD (Nasdaq: HLTH) rose 67 U.S. cents to$6.50 Friday morning, after the company reported quarterly results thattopped expectations and said that it is on track to reach a profit, before charges, by the end of this year ...

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