Thrust into E-Commerce," stated incorrectly that Fair, Isaac & Co.'s "revenue decline(d) last year." In fact, it is revenue growth that has declined. In the company's fiscal 1998, which ended last Sept. 30, revenue rose 23%, to $245.5 million. In the first nine months of fiscal 1999, through June, it was up 15%, to $204.1 million. Year-over-year growth for the March quarter of 1999 was 15%, for the June quarter 4%.
The headline on a Tuesday news brief on page 30 gave a wrong title for the Fannie Mae executive who is resigning to become secretary of the Smithsonian Institution. As the story correctly said, Lawrence M. Small, Fannie's president, is also its chief operating officer, not its chief executive officer.
A news brief Monday on page 17 overstated buyer interest in Los Angeles-based Bank Plus Corp., the parent of Fidelity Federal Bank. Bank Plus sent financial information packages to more than 30 potential buyers, but many of them decided not to bid.
The article also overstated the size of the company's branch network. Fidelity Federal has 35 branches, not 36.