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Earnings Losers: NaviSite, Universal Forest Products, Valmont

From: Market News Video on Fri, Oct 16 2009 3:03 PM

IT company NaviSite (NAVI), provider of cloud enabled enterprise-hosting and application-management services, reported a net loss of 24 cents per share for the quarter. Revenue was down 9% year over year.

Yahoo Reportedly Seeking $500M for Business Unit

From: Market News Video on Tue, Sep 22 2009 11:23 AM

Yahoo! (YHOO) is reportedly seeking a buyer for its small business web hosting unit. According to Reuters, some strategic buyers have looked at the deal and have deemed the price too high, as Yahoo is looking for $350 to $500 million.

iMergent Turns a Profit, Gerber Scientific Sells Unit to Videojet

From: Market News Video on Wed, Sep 02 2009 4:28 PM

Web hosting and eCommerce software provider iMergent (IIG) announced its income from operations increased to 1.1 million in the quarter, as compared to a loss of 438 thousand in the same quarter last year. Net income rose to 74 cents per share, up from 5 cents in the same quarter last y...