European Commission claims the web giant abuses its dominant search position to unfairly prioritize its shopping services.
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Diablo II 1.06 and failure to recognize Diablo CD
Big Blue squeezes past analyst projections with earnings per share of $1.06, but lagging revenue keeps a lid on any euphoria.
Rhythms NetConnections posted a first quarter net loss of $23.9 million, or 36 cents a share on a pro-forma basis due to its recent IPO, compared with a net loss of $2.3 million, or $1.06 a share, for the like quarter a year ago. Wall Street expected a loss of 42 cents a share, according to First Call. Quarterly revenue rose to $660,000 compared with $10,000 a year ago, but Rhythms, a DSL provider, did not offer commercial service a year ago. Commercial services started April 1998.
Initio Miles 1.06 update: a follow-up
Seagate Technology reported revenue and net income of $2.06 billion and $129 million, or $1.06 per share respectively, for its quarter ending September 27. This compares with revenue of $2.14 billion and net income of $121 million, or $1.05 per share respectively for the same quarter last year. The results for the quarter included a charge of $2.8 million for research and development in connection with the acquisition of Sytron.