Descartes loss rises in third quarter

Article Abstract:

Waterloo, Ont.-based Descartes Systems Group Inc. has reported a loss for the third quarter ended October 31, 2001 of $15.6 million. Descartes Systems, which is a software company that employs 581 workers, has undergone a major restructuring of its operations.

Statistical Data Included, Descartes Systems Group Inc.

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Jump in sales narrows MGI's loss (MGI Software Corp.)

Article Abstract:

Canada's graphics software vendor MGI Software Inc., reports that boost in sales during the third quarter ending October 31, 2000, helped reduce its earning losses. MGI Software Inc., earned $4.78 million, down from $7.02 million for the same period in 1999.

Market information - general, Graphics Software Pkgs (Micro), Graphics software

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MGI shelves share offering

Article Abstract:

Richmond Hill, Ont.-based MGI Software Corp. has withdrawn a plan to launch a $115 million share offering. MGI, which blamed its decision on poor market conditions, had been prepared to approach institutional investors about the plan.

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