BRIEFCASE.Byline: - Staff and Wire Services United Online Inc. revenue improves WOODLAND HILLS - Revenue improved for Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. United Online Inc. in the second quarter, but it reported Tuesday that net income fell slightly due to tax charges. Total revenue improved 19 percent, to $131.5 million from $110 million in the same period a year ago. Owing to owing to prep. Because of; on account of: I couldn't attend, owing to illness. owing to prep → debido a, por causa de a $1 million tax charge, net income fell to $10.7 million, or 17 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , from $12.3 million, or 19 cents per share, from a year ago. Pay accounts increased by 83,000, to 5.03 million, in the quarter, while subscriptions improved by 138,000, to 6.3 million. Based on the results, the company now expects revenues of $131 million to $133 million in the third quarter. Blockbuster CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. warns of losses DALLAS - The chief executive of Blockbuster Inc. warned Tuesday that the movie-rental company's second quarter was hurt by weak DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. releases that have cast doubt about the rest of the year. The company's shares plunged. The warning by John F. Antioco in a presentation to Blockbuster investors came a week before Dallas-based Blockbuster, the largest U.S. movie-rental chain, is scheduled to release second-quarter financial results. Blockbuster shares fell 53 cents, or 6.2 percent, to close at $8.09, in trading Tuesday afternoon on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Apple Computer offers new mouse SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden - Apple Computer Inc.'s neglect of the humble mouse is over. It now offers a model that's nimble. Apple introduced on Tuesday its first computer mouse with multiple buttons, including four sensors and a tiny scroll ball. Although a departure from the company's traditional mouse, the ``Mighty Mouse'' looks very similar to the single-button model Apple has long produced. The most obvious difference is the relatively tiny scroll ball at the mouse's head. Oracle to buy part of India provider BANGALORE, India - Business software maker Oracle Corp. said Tuesday that it agreed to purchase up to 61 percent of India's i-flex solutions i-flex solutions limited (Reuters: IFLX.BO and IFLX.NS), majority owned by Oracle, provides IT solutions to the banking industry. It claims more than 765 customers in over 130 countries. Ltd., a banking software provider with customers in 115 countries, from Citigroup Venture Capital and public shareholders. Redwood Shores, Calif.-based Oracle will acquire Citigroup Venture Capital International's 41 percent stake in i-flex, and then - as required by Indian law - Oracle expects to make an open offer Wednesday to purchase an additional 20 percent of i-flex's outstanding shares. Boeing says 767 order is doubled SEATTLE - The Boeing Co. said Tuesday that Chile's LAN Airlines has doubled an order for long-range 767 freighters, adding six planes to an order it made last year. All told, the 12 767-300s the airline is ordering are worth $1.73 billion at list prices, though airlines typically negotiate discounts. Absa Cargo, an affiliate of LAN Airlines, took delivery of the first of its new 767s late last week. A second freighter is scheduled to be delivered to LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. in October. |
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