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1 - 10 of 18 Results

  • Once Red Hot, Retailing IPOs Go Ice Cold

    Investor ardor for Internet stocks ran high this spring but faded during the dog days of summer with many initial public offerings (IPOs) falling short of expectations. Case in point: 1-800-Flowers.com, widely anticipated to do well, was priced at $21 per share closed at $18.19 on August 3, its first day of trading. Later, the stock slipped even lower, hitting $13.50 at one point. That's quite a shift from iTurf's public debut in April when the...

    Posted 01/19/2001Don DavisPost a comment

    Investor ardor for Internet stocks ran high this spring but faded during the dog days of summer with many initial public offerings (IPOs) falling short of expectations. Case in point: 1-800-Flowers.com, widely anticipated to do well, was priced at $21 per share closed at $18.19 on August 3, its…
  • / E-Retailers

    JP Morgan Details Winning E-tailing Paradigm

    Global financial firm J.P. Morgan Securities Inc., New York, has released "The Winning E-Tailing Program" report by Internet equity analyst Tom Wyman that outlines how brick-and-mortar retailers are approaching online selling and explains why they will dominate most of the online segment. Wyman says retailers that have both an online and offline presence have such an advantage over pure plays that the only-online retailers will not be able to...

    Posted 01/19/2001Don DavisPost a comment

    Global financial firm J.P. Morgan Securities Inc., New York, has released "The Winning E-Tailing Program" report by Internet equity analyst Tom Wyman that outlines how brick-and-mortar retailers are approaching online selling and explains why they will dominate most of the online segment. Wyman…
  • / E-Retailers

    Celebrate Express explores strategic options

    Celebrate Express has retained Cowen and Company LLC , a New York City investment banking firm, to look over various strategic alternatives, including a possible sale.

    Posted 08/23/2006Mark BrohanPost a comment

    Celebrate Express has retained Cowen and Company LLC , a New York City investment banking firm, to look over various strategic alternatives, including a possible sale.
  • / Technology

    The largest processor of card payments is going private

    First Data Corp. has entered into an agreement to be acquired for $29 billion by an affiliate of Kohlberg Kravis Roberts & Co, a leading private equity firm.

    Posted 04/02/2007Paul DemeryPost a comment

    First Data Corp. has entered into an agreement to be acquired for $29 billion by an affiliate of Kohlberg Kravis Roberts & Co, a leading private equity firm.
  • / E-Retailers

    The Knot names a new chief financial officer

    Chief financial officer Richard Szefc is stepping down this month at the wedding products e-retailer, which has appointed John Mueller to take Szefc’s place. Mueller previously was CFO at Genius Products.

    Posted 09/05/2008Katie EvansPost a comment

    Chief financial officer Richard Szefc is stepping down this month at the wedding products e-retailer, which has appointed John Mueller to take Szefc’s place. Mueller previously was CFO at Genius Products.
  • / Technology

    Paymentech, Chase Merchant Services form joint processing entity

    Paymentech and Chase Merchant Services have formed a joint merchant processing operation, Chase Paymentech Solutions LLC. The company is jointly owned by JPMorgan Chase & Co. (51%) and First Data Corp. (49%).

    Posted 10/11/2005Paul DemeryPost a comment

    Paymentech and Chase Merchant Services have formed a joint merchant processing operation, Chase Paymentech Solutions LLC. The company is jointly owned by JPMorgan Chase & Co. (51%) and First Data Corp. (49%).
  • / E-Retailers

    BlueLight Adds CFO

    BlueLight.com, the online retail venture formed by Kmart and Softbank Venture Capital, has recruited Christopher A. Lien as chief financial officer and vice president of corporate development. Lien will report to BlueLight CEO Mark H. Goldstein. Along with his CFO duties, Lien will also manage BlueLight's relationship with its major investor, Kmart. He will oversee all capital raising and strategic transaction activities for BlueLight.com,...

    Posted 01/19/2001Don DavisPost a comment

    BlueLight.com, the online retail venture formed by Kmart and Softbank Venture Capital, has recruited Christopher A. Lien as chief financial officer and vice president of corporate development. Lien will report to BlueLight CEO Mark H. Goldstein. Along with his CFO duties, Lien will also manage…
  • / E-Retailers

    The Short, But Sweet Lowdown On Drugstore.com's IPO

    Drugstore.com, inc. today announced that it has priced its initial public offering of 5,000,000 shares of common stock at a price of $18 per share. The shares will commence trading today, quoted on the Nasdaq under the symbol DSCM. The offering is being managed by Morgan Stanley Dean Witter, Donaldson, Lufkin & Jenrette and Thomas Weisel Partners LLC. Drugstore.com is a leading online drugstore: a retail store and information site for health,...

    Posted 01/19/2001Don DavisPost a comment

    Drugstore.com, inc. today announced that it has priced its initial public offering of 5,000,000 shares of common stock at a price of $18 per share. The shares will commence trading today, quoted on the Nasdaq under the symbol DSCM. The offering is being managed by Morgan Stanley Dean Witter,…
  • / Technology

    Softbank Goes Out to Play with Toys "R" Us

    Softbank Venture Capital and Softbank Partners plans to sink $57 million into Toysrus.com, as part of a $60 million round of financing for the recently troubled Internet site. The deal will give Softbank and other investors, Evercore Partners and the Blackstone Group, a stake of approximately 20% in the toy retailer. The investment deal follows a rocky holiday season at Toysrus.com and the company's earlier falling out with its original venture...

    Posted 01/19/2001Don DavisPost a comment

    Softbank Venture Capital and Softbank Partners plans to sink $57 million into Toysrus.com, as part of a $60 million round of financing for the recently troubled Internet site. The deal will give Softbank and other investors, Evercore Partners and the Blackstone Group, a stake of approximately 20%…
  • PFSweb raises $5 million through private placement of common stock

    PFSweb Inc., a provider of e-commerce and fulfillment services, today announced it has sold 5 million shares of common stock for $5 million through a private placement to institutional investors. It also said first-quarter sales rose 35% year-to-year.

    Posted 06/02/2006Paul DemeryPost a comment

    PFSweb Inc., a provider of e-commerce and fulfillment services, today announced it has sold 5 million shares of common stock for $5 million through a private placement to institutional investors. It also said first-quarter sales rose 35% year-to-year.

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