Month: August 2004

Washington Post: Manugistics Fires Its President. Manugistics Group Inc. disclosed yesterday that it fired its president, as the maker of business software tries to reverse slipping sales, rising costs and a falling stock price. Jeremy Coote, who primarily ran sales and marketing for the Rockville company, was terminated last week and will leave today, according to a company filing with the Securities and Exchange Commission.

Well, this president won’t be getting four more years. There’s more. “Executives, through a spokeswoman, said they were constrained in commenting by a quiet period before releasing the company’s upcoming earnings.” They may be constrained from commenting, but firing the President before releasing earnings tells me all I need to know. The upcoming announcement won’t be a pretty one. I’ve posted Jeremy Coote’s employment agreement on the web site along with other Manugistics contracts.

New York Times: Alternative Slate Rejected at RedEnvelope Shareholders of RedEnvelope.com, an online gift catalog, sided with management yesterday and voted to reject a slate of directors proposed by the company’s co-founder.

Founders fighting with VCs for control of the company. Where have I heard that one before? Anyways, I’ve posted RedEnvlope contracts on the web site.

SF Gate: Ex-Cylink CFO Charged with Securities Fraud. The former chief financial officer of Cylink Corp. of Santa Clara was charged in federal court on Monday for his role in allegedly overstating the company’s revenue by millions of dollars.

I’ve posted Cylink contracts on the web site. A lot of employment contracts, but none involving the ex-CFO.

USA Today: Homegrown Satellite Radio Software Draws XM Fire. Catching Blondie’s reunion tour broadcast at 4 in the morning wasn’t an option for XM satellite radio subscriber and single father Scott MacLean. So the 35-year-old computer programmer from Ottawa, Ontario, wrote a piece of software that let him record the show directly onto his PC hard drive while he snoozed.

Will the RIAA go after people who copy music from the radio – satellite or otherwise? I’ve posted XM Satellite contracts on the web site. You can also find Sirius Satellite Radio contracts as well as ARTISTdirect contracts.

Reuters: Armor Holdings Wins Body Armor Contract. Armor Holdings Inc., a maker of vehicle armor for the military, on Friday said it won a 36-month contract for ceramic body armor plates that could be worth as much as $461 million.

I’ve posted Armor Holdings contracts on the web site. Mostly consulting and employment agreements.

I’ve posted netGuru and GuruNet contracts on the web site. The former is a provider of engineering software and IT solutions. The latter is a reference answer engine.

Philadelphia Business Journal: GSI Commerce to Aid Sears with Web. GSI Commerce Inc. said Wednesday it has been tapped by Sears, Roebuck and Co. to expand the variety of sporting goods sold on the Chicago-based retailer’s Web site, sears.com.

Wow! Imagine ordering a discus and javelin to go with the Craftsman circular saw and Kenmore refrigerator? I’ve posted GSI Commerce contracts on the web site, including several E-Commerce Agreements with Palm, Oshman’s, Sports Authority and Bluelight. Just in case you were wondering, you can buy a discus and javelin from Amazon.

Other recent additions include Interchange (paid-search advertising), SmartBargains (liquidator), and Odimo (jewelry retailer).

New York Times: Trump Hotels Plans to Seek Bankruptcy . Trump Hotels and Casino Resorts, the centerpiece of Donald J. Trump’s faltering casino holdings, said last night that it planned to file for bankruptcy protection by the end of September. The company hopes the move will allow it to reorganize under new management and with new financing that will ease its $1.8 billion debt burden.

I’ve posted Trump contracts online. Contracts of interest include The Donald’s employment agreement.