Stories by Stacy Cowley

Sept 11 keeps disaster recovery in forefront

“How will you get your data back after the "insert catastrophe here” was the title of a Gartner white paper in February 2001. Seven months later, the September 11 terrorist attacks filled in that blank, stunning the US and forcing businesses to consider disaster recovery on a previously unimagined scale.

New charges coming in WorldCom case

The US government plans to add additional charges and possibly new defendants to its case against the officials behind WorldCom's collapse, prosecutors said Wednesday during a court hearing on last week's indictment of several former executives.

CA lowers 2003 forecast, citing delayed recovery

Computer Associates International topped its earlier guidance and posted a slight operating profit in its just-ended quarter, a result CEO Sanjay Kumar attributed to deferred revenue generated through subscription software sales.

Week of poor reports suggests IT buying still tepid

Those awaiting a rebound in the IT market found little comfort in last week's earnings announcements from many of the industry's biggest vendors, suggesting that spending on large IT projects at many corporations is still on hold.

More accounting shocks may be on the way

Since WorldCom Inc.'s revelation last week of the largest accounting deception in corporate history, a snowball effect has kicked in, with company after company admitting to bookkeeping irregularities and management crises. The flood is unlikely to end soon: With a corporate earnings season beginning and increasing pressure from politicians and regulators, the next few months will be a prime time for further disclosures.

Study: Poor capital management costs industry billions

IT companies lose billions annually through inefficient management of their working capital, a problem that is exacerbated when the economy worsens as it did during 2001, according to a study to be released tomorrow by REL Consultancy Group.

UPDATE: Judge rules in favour of HP

Hewlett-Packard today apparently won the final battle in its lengthy campaign to win approval of its intended acquisition of Compaq, as a judge dismissed a lawsuit from former HP board member Walter Hewlett that sought to block the acquisition.

CA WORLD - Kumar: Customer service is show theme

An internal reorganization aimed at better aligning Computer Associates International's (CA) staff resources with its products was announced Sunday by CA Chief Executive Officer Sanjay Kumar during his customer service-themed opening keynote here at CA World.