
May 8-14
The May 10 Buysider column,
A Sale Could Enhance Enhance, repeatedly misrepresented the name of
Enhance Financial Services
(EFS:NYSE) as "Enhanced Financial Services." (
corrected May 11
)
The May 10 Herb's Hotline column,
Icahn's Foray Into J.C. Penney and Nosing Around Nordstrom, incorrectly said an analyst works at Cowen & Co. In fact, the analyst works at
SG Cowen
.
(corrected May 11)
A May 10 story,
Too Much of a Good Thing: Motorola Hit Hard by Component Shortage, incorrectly stated that
Nokia
(NOK:NYSE ADR) sold $15 million worth of cell phones in 1996 and $78.5 million worth last year. In fact, the company sold 15 million cell phone units in 1996 and 78.5 million units in 1999.
The same article misstated wireless-unit results at
Motorola
(MOT:NYSE). First-quarter wireless-unit operating profit fell to $49 million from $83 million a year ago, while revenue rose to $3.2 billion. As originally published, the article mistakenly implied that the operating-profit figure applied to the entire company and that revenue at the wireless unit was $200 million. (
corrected May 11
)
The May 9 SiliconStreet column,
The Mood of the H&Q Conference? It's the Mood of the Market, incorrectly identified a Behrend College at Penn State-Erie associate professor as Susan Dale. In fact, she is Sharon Dale.
(corrected May 10)
A May 5 column,
Mixed Signals, had some incorrect headings in the table titled "Head Fake: Companies Where Insiders Are Buying -- But Where Companies are Lending Them Money." The headings should read, from left to right: Company, Date of Purchases, # of Insiders Buying, # of Shares Bought.
(corrected May 9)
The May 8
Analyst Actions incorrectly said
Credit Suisse First Boston
set a price target of 27 on
Corillian
(CORI:Nasdaq). In fact, the price target was 37. Also, the story's headline included the ticker symbol for
Tiffany
(TIF:NYSE), but the news on Tiffany was omitted from the story.
Chase Hambrecht & Quist
upgraded Tiffany to strong buy from buy and maintained a price target of 100.
(corrected May 8)
A May 8 story,
George Bell Named Excite@Home Chairman, incorrectly stated that the cable companies
Cox Communications
(COX:NYSE) and
Comcast
(CMCSK:Nasdaq) currently plan to rescind their exclusivity arrangements with
Excite@Home
(ATHM:Nasdaq). In fact, the contractual arrangements end in June 2002, and no formal plans have been made.
(corrected May 8)