AOL Latin has plans to pursue more financing

Article Abstract:

Sao Paulo, Brazil-based America Online Latin America Inc. is planning some new financing moves in the next couple of months as the cash it has now will not last longer than the fourth quarter. A filing has not yet been made for a share offering, but that is one possible plan the company is mulling. Internet company offerings, however, have lost much of their cachet with institutional investors. The company has spent heavily on expanding its number of subscribers with 'free-trial' promotions which cost a company dearly in the short-term.

Financial management, Brazil, Planning, Company financing, America Online Latin America Inc.

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AOL beats profit forecasts as net quadruples

Article Abstract:

America Online Inc.'s net revenue grew from $592m to $960m in Q4. Subscribers increased to 15.1m from 13.5m. Electronic commerce revenue topped $126m, a 22% rise from the previous quarter. AOL's stock will split 2 for 1. Procter & Gamble Co. signed an advertising deal with the service; terms were not disclosed. The merger with Netscape proceeds as planned. Marc Andreessen, a co-founder of Netscape, has accepted a position as the chief technology officer for AOL.

America Online Inc., AOL, Internet service provider

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Excite@Home faces possible shutdown

Article Abstract:

Excite@Home Corp. may face a possible closure ordered by a bankrutpcy judge in California. The Internet service provider gives customers valued high-speed Internet access but if the Redwood City concern doesn't reach agreements with its cable-partners, consumers will be the losers when Excite has to shut its doors.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit, At Home Corp., ATHM

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