The iPhone 6S and 6S Plus just couldn't muster the same excitement as their predecessors. Apple says that in the March quarter, iPhone sales are in for their first slump ever.
Although it's well configured and more than powerful enough for business tasks, the Acer Veriton 7600G may still fail to live up to IT expectations.
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Internet Commerce & Communications (ICC), a Web design and ISP (Internet service provider) headed by former Qwest executive Douglas Hanson, filed for Chapter 11 bankruptcy protection in an effort to restructure the company's ailing business. Hanson took over the CEO spot at ICC in 1997, when the company was known as Rocky Mountain Internet, as the result of a $3 million cash deal that also made him its largest shareholder at the time with a 15 percent stake. Hanson left Qwest in Nov. 1996. ICC started out as an ISP that also offered hosting and Web site development services then expanded into voice, calling card, and 800 number services. The company acquired Internet Communications in March of last year for $28 million, which was partially owned by Qwest chairman Phil Anschutz's Interwest Group. ICC's stock has traded within a range of $3.06 and 8 cents on the Nasdaq SmallCap market.
Perfumania's Internet-based subsidiary perfumania.com filed for an initial public offering today of 2.5 million shares priced at $7-$9 each. The offering will represent about 33 percent of the unit's shares. Perfumania shares closed Friday at $3.06, down from the year's high of $13.94. Cruttenden Roth and Pennsylvania Merchant Group are lead underwriters of the IPO. Perfumania.com is an online store selling perfumes, fragrance-related products, and bath and body products.
Preview Travel has announced the public offering of 3.06 million shares of common stock at a price of $28.50 per share. Of the shares offered, 1.5 million are being offered by the company, and 1.56 million shares are being offered by selling stockholders of the company.