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Opening Glance: Internet software, services stocks



By AP
13 May 2008 @ 10:25 am EST

NEW YORK - Internet software and services stocks traded mostly lower Tuesday morning, following the overall market's decline after a report from the Commerce Department indicated retail sales fell in April.

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Quotes
IBM 87.75 -1.25
YHOO 12.29 -0.36
GOOG 332 3.02
EBAY 16.73 0.77
VRSN 22.17 -0.12
AKAM 14.12 0.59

SYMBOL LOOKUP

Also Tuesday, it was announced that Hewlett-Packard agreed to buy Electronic Data Systems for $12.6 billion in cash, creating the second-largest tech services provider behind IBM Corp.

How key Internet software and services companies performed Tuesday morning:

Yahoo Inc. fell 25 cents to $25.01.

Google Inc. added $1.06 to $586.

EBay Inc. fell 5 cents to $31.07.

VeriSign Inc. rose 50 cents to $38.46.

Akamai Technologies Inc. fell 28 cents to $37.65.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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