Manugistics Rises on Upbeat Outlook

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E-business services company

Manugistics

(MANU) - Get Report

was up 4.4% in late morning after it said third-quarter earnings and revenue would exceed the Street's estimates. The

First Call/Thomson Financial

survey predicts earnings of 6 cents per share, up from a year-ago loss of 17 cents. Manugistics also said it is suing

VirtualFund.com

(VFND)

in a software licensing dispute. Trading in VirtualFund.com has been suspended.