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HMO---Wellpoint Plans to Buy Online Prescription Provider

WellPoint Health Networks Inc., the state's second largest health care company and parent of Blue Cross of California, is getting into the mail-order and online pharmacy business.

Ecommerce

Gridlocked parking lots. Harried sales clerks. Out-of-stock-merchandise. The holidays often are called the most wonderful time of the year, but for shoppers plunging into the annual purchasing melee, the season can be anything but.

Strategies

Internet stocks soar in price without any ostensible justification. The press is filled daily with stories of newly made, Internet-raised Gen-X multimillionaires. Every day is greeted with the announcement of new Web ventures and new interactive start-ups

Media & Technology: Vivendi Universal Regroups With Web-Based Properties

After years of struggling with a disjointed group of Internet sites, Vivendi Universal S.A. says it's ready to develop an ambitious consolidation plan unifying all of its interactive and Web-related properties into what it believes could be a model for fu

THE BRIEFING: THE BOSS' MANAGEMENT STRATEGY

Airlines have slashed fares to stimulate business; hotels and cruise lines are following suit all hoping to revive a market that took a beating in the wake of the Sept. 11 attacks and the events of Nov. 12, when an American Airlines flight crashed in Qu

Olympic Medalist to Tout Power Bar

Olympic gold medalist and 20-time World Champion swimmer Michael Phelps will be featured in a national campaign for PowerBar, according to the company.

Medacta Hip Surgery Procedure Done in U.S.

Joint replacement system distributor Medacta USA Inc. announced that the first hip replacement procedures in the U.S. featuring its muscle-sparing AMIS technique have been performed.

The New Way of Banking: Online

Banks use a variety of names for online banking services, such as PC banking, home banking, electronic banking or Internet banking. Regardless of the name, these systems offer certain advantages over traditional banking methods.

Does On-Line Banking Work?

Banks use a variety of names for online banking services, such as PC banking, home banking, electronic banking or Internet banking. Regardless of the name, these systems offer certain advantages over traditional banking methods.

VALLEY NEWSMAKERS

New hires and appointments at Valley companies.

Strategies

Only about a quarter of the people who go online buy over the Internet. A recent study, commissioned by the American Institute of CPAs and performed by the marketing research firm Yankelovich Partners, found the following:

Disney Online Reports Jump in Web Site Traffic

More than 19 million people visited Disney Web sites in March, a 44 percent increase over last year.

Firms Have No Time to Waste in Joining E-Commerce

The online newsletter, Iconocast, recently highlighted the awesome statistics that are now being projected for the online business-to-business (B2B) marketplace.

Valley is Home to High Profile Game Developers

The Valley's video game industry grows.

Chevron to Buy Local Independent Stations

Thousand Oaks-based independent fuel retailer USA Petroleum Corp. plans to sell 122 of its California gas stations to the oil industry giant Chevron USA Inc. for an undisclosed sum.

PS Business Parks Announces Public Offering

Glendale-based PS Business Parks, Inc. announced the pricing of a public offering of 3 million shares common stock at $46.50 per share. Net proceeds will total approximately $133.4 million after underwriting discounts and commissions and estimated offerin

Brilliant

Brilliant Digital Entertainment bought a London-based auction channel with plans to launch it as a cable network in the U.S., only with a twist: customers will watch auctions on television and make their bids over the Internet.

delivery

The time has come for online retailers to prove their worth to shoppers, investors and industry analysts or face extinction.

SAVVIS sells Thousand Oaks Business Unit

Bloomfield, Colo.-based Level 3 Communications Inc. has shelled out $135 million for the content delivery network services business of SAVVIS Inc., the company announced.

United Online Profits Up for 3Q

United Online, Inc. increased its net profits by more than 6 percent for the third quarter, the company announced this week.