Register.com Doesn't Want to Be Bought.
Despite its declining fortunes and a number of sell-out opportunities, Register.com Inc is not yet ready to be bought, executives said late last week. It emerged at the same time that high-profile financier Carl Icahn is interested in the firm. Icahn and his associates said in a...

Register.com Posts Loss, Prices Buyback.
Register.com Inc yesterday said it has slipped back into the red in its second quarter, and that it will spend $120m to buy back stock. The company reported a second-quarter net loss of $3m, $0.07 a share, compared to net income of $847,000, or $0.02 per share,...

Microsoft Mulls $10bn Dividend.
Microsoft Corp is considering paying a special dividend of $10bn, the largest corporate payout on record, in order to slim down its cash reserves of more than $46bn. Under pressure from shareholders anxious to extract greater value from the world's best performing major company, Microsoft is reported...

NEWS IN BRIEF; Peso closes at P50.74.
The peso closed lower at P50.74 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P50.73 the previous day. The weighted average rate depreciated to P50.76 from P50.57. Total volume amounted to $202 million. Share prices tumble sharply...

Fiorina Says HP Is Ready to Grow.
By Timothy Prickett Morgan Hewlett-Packard Co hosted its annual securities analyst meeting in San Jose this week, and the company's top brass laid out its plan to grow revenues consistently at a rate in the high single digits (twice the rate of growth in the worldwide gross...

BRIEFLY.
Byline: The Register-Guard Extra cash prompts Elmer's Restaurants to buy back shares PORTLAND - Sitting on more than $2 million in cash, Elmer's Restaurants is ready to buy back up to 10 percent of its outstanding stock. Elmer's, with 35 restaurants and 13...

News in Brief.
Peso depreciates to P49.321 The peso reference rate depreciated against the U.S. dollar to P49.321, the weighted average pegged at the Philippine Dealing System of the Bankers Association of the Philippines yesterday from, P48.638 the previous day. The local currency closed at P49.720. The total volume reached...

Microsoft Touts Legal Turning Point as Mass. Appeal Fails.
Microsoft Corp struck down the last major impediment to its anti-trust settlement with the US Department of Justice yesterday, at the same time opening itself to investor pressure to finally do something with its vast cash hoard. The US Appeals Court for the District of Columbia yesterday...

News In Brief.
Peso appreciates to P50.645 The peso appreciated against the U.S. dollar to P50.645, the weighted average rate pegged at the Philippine Dealing System of the Bankers Association of the Philippines yesterday, from P50.80 the previous day. The local currency closed at P50.59. The total volume amounted to...

AVON IS ON TRACK TO ACHIEVE SALES GROWTH.
* Avon is on track to achieve earnings-per-share growth in the low to mid teens and sales growth in the mid-single-digit range for 2000, according to company executives. "The year is shaping up as a year of very solid performance in our worldwide direct selling business," said chief executive...