Canceled:

Telescan Inc., an online financial information company, said it canceled plans to spin off its nonfinancial services operations because their results have improved. The company recently ended talks with a prospective buyer. Telescan said it retained NationsBanc Montgomery Securities to help boost the value of the businesses. Telescan also reported a fourth-quarter loss of $1.35 million, excluding a write-down of the nonfinancial operations of $1.53 million and other expenses. It didn’t provide per-share results. The company lost $381,000, or 4 cents a share, a year ago. Revenue fell 11% to $3.36 million.