The company says that DVD rental fees will now be $1.20 per day, rather than the $1 it previously charged. Blu-ray and video game rental prices will stay the same.
The offer for Miva, a struggling ad firm from the Web 1.0 days, is $1.20 per share--a 54% premium over its recent closing price.
Utilities Updates: AppZapper 1.7.0; TextExpander 1.4.1; Synergy 3.0; RAIDaid 1.20; more
The world's largest seller of optical fiber predicts a 2001 profit ranging from 90 cents to $1 per share, down from its previous target of $1.20 to $1.30 per share.
Storage Networks reports a net loss of $1.20 per share for its first quarter since its initial public offering, handily beating analyst expectations.
Ameritech's board of directors raised the company's annual dividend to $1.27 from $1.20. The move comes just a week after shareholders approved the company's merger with SBC Communications, a deal that has yet to be approved by federal regulators.
PSINet has lowered a previous acquisition offer for iSTAR. PSINet is now offering a cash deal of $22 million, or 75 cents a share, for the Canadian Internet service provider, compared with its earlier proposal of $1.20 per share in exchange for PSINet's 8 percent convertible preferred stock. The new offer is designed to provide liquidity at the deal's closing in return for a lower purchase price for PSINet.