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Corrections & Clarifications
A new chapter for Barnes & Noble? (Inside Wall Street, Oct. 13)
"A new chapter for Barnes & Noble?" (Inside Wall Street, Oct. 13) misstated figures on market share and revenues. The correct figures are: Barnes & Noble Inc. controls 13 1/2% of the book market and 60% of the superstore market. Borders Inc. has 11% of the book market. Projected revenues for Amazon.com for this year are $100 million to $150 million. In addition, the story said two hedge-fund managers own 20% of Barnes & Noble stock. That included 11% of Barnes & Noble stock that has been held for several years in another fund controlled by one of the hedge-fund managers.Return to top
Corporate America's Global Top 20 for Nondegree Study (Corporate America goes to school, Special Report, Oct. 20)
In a table entitled "Corporate America's Global Top 20 for Nondegree Study" ("Corporate America goes to school, Special Report, Oct. 20), Harvard University should have been ranked No.4 in finance, not No.44. Massachusetts Institute of Technology was rated No.1 in information systems, research and development, and manufacturing.Return to top
WorldCom: Paper tiger? (Finance, Oct. 20)
"WorldCom: Paper tiger?" (Finance, Oct. 20) misstated MCI Communications Corp.'s estimated revenues for 1997. They are $19.8 billion, not $28 billion. The combined 1997 revenues of WorldCom Inc. and MCI are estimated at $28 billion.Return to top