Diamond Technology Partners' board of directors this week authorized a stock repurchase program of up to 1 million shares of outstanding common stock. <P> "The Board of Directors and the company believe the current market price of Diamond's stock does not reflect the company's success to date and the current and long-term value of the stock," said Mel Bergstein, chairman and CEO of the firm in a statement. <P> Diamond has repurchased nearly 770,000 of the 1 million shares previously authorized for repurchase in October 1998. The company intends to fund the repurchases through its cash balances. <P> Diamond's stock was trading at just over $33 a share by late Tuesday morning, down about 56 cents from its opening price. <P>
|
Five Companies That Dropped The Ball This Week For the week ending Feb. 10, CRN looks at five companies that were either asleep at the wheel or just didn't make good decisions. |
|
Five Companies That Came To Win This Week For the week ending Feb. 10, CRN looks at five companies that brought their 'A' game and made moves to beat out competitors |
|
10 Challenges That HP Wants Partners To Tackle Right Now CRN speaks with HP's business unit chiefs to get a sense of where they'd like partners to focus in the coming year, as well as how CEO Meg Whitman is making a difference. |
 More
Slide Shows |
- Diamond Technology Partners Merges With European Company
- Diamond Broadens Its Circle Of Friends
- Web Integrators Post Big Sales Gains
- Start-Up Stock Options: Why You Want 'Em, How To Get 'Em
- How To Make The Most Of Your IPO: The Road Show
- Cognizant Sales Soar, Exec Promotions Follow
- VAR500 Company EPAM Systems: IPO Update
- The Daily App: KyWiki for iPad
- The Daily App: Scan To PDF Free For Android
- E-Business Breakfast: Virtual Help Desk
- E-Business Breakfast: Diamond's Mui Sparkles
