Borland Software Corporation

Borland Software Corp names Scott Arnold as chief operating officer and executive vice president (S)

Borland Software Corp cuts 125 jobs and says third-quarter sales missed company's expectations (S)

BORLAND SHARES RISE ON STRONG FORECAST; NANTERO CREATES DEVICE FOR CHIP MAKING;.

Borland Software Corp shares rise after company predicts improved operating margin; stock price graph (S)

The Borland Software Corporation, a maker of software used to customize computer programs, said that fourth-quarter profit declined despite a 14 percent increase in sales.

TELECOMMUNICATIONS QWEST REPORTS $214 MILLION LOSS Qwest Communications International, which is struggling to overcome an accounting scandal and hugh debts in addition to the general slump in the telecommunications sector, said yesterday that it lost $214 million, or 13 cents a share, in the third quarter. Revenue fell 13.2 percent from a year ago, to $3.80 billion, excluding revenue from the QwestDex directories business that Qwest is selling. The decline will be reported later in a final filing with the Securities and Exchange Commission as just under 10 percent once Qwest completes a restatement of 2001 revenue. Qwest has said that the 2001 quarter's revenue were inflated by improper accounting of sales of capacity on its optical network. No matter which figures are used, they add up to continued weakness and Qwest said that revenue for the year would end up at the low end of the range it previously projected. But Qwest's operating units did manage to generate $53 million more cash than they used by cutting costs and capital spending.   Barnaby J. Feder (NYT) INTERNET AIRPORT LOUNGES TO ADD T-MOBILE NET SERVICE The airport club lounges of American Airlines, Delta Air Lines and United Airlines will add the HotSpot high-speed wireless Internet service from T-Mobile USA in the next 12 months. T-Mobile, a division of Deutsche Telekom, will expand from 40 American Airlines lounges, in which it already provides industry-standard wireless-fidelity access, to more than 100 lounges among the three airlines. T-Mobile said that 20 million travelers pass through these three airlines domestic lounges in the course of a year. The company has plans to eventually expand into airport terminal gate areas as well, according to Frank Ramirez, director of business product marketing.   Glenn Fleishman (NYT) HARDWARE CORNING POSTS LOSS AND CUTS JOBS Corning, the maker of fiber optic cable, posted its sixth consecutive quarterly loss yesterday and said