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Stock Market & Financial Investment News

News Breaks
February 13, 2014
05:16 EDTANGIAngie's List price target lowered to $17 from $27 at Piper Jaffray
Piper Jaffray lowered its price target for shares of Angie's List after the company's March quarter outlook came in weaker than expected. The firm still sees long-term value in Angie's shift away from advertiser originations and keeps an Overweight rating on the stock.
News For ANGI From The Last 14 Days
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August 22, 2014
11:24 EDTANGIAngie's List reduces salesforce by 97 employees
Angie’s List disclosed in a regulatory filing that it reduced its salesforce by 97 employees as part of its "focus on improving salesforce performance and productivity." It added, "The reduction in headcount will affect most units within the sales organization, with the largest percentage reduction coming from the BigDeal sales team. In addition, the Company will implement new performance-based measurements in its sales organization to better align salesforce objectives with its strategy. Angie’s List expects to add resources to its salesforce over time to support growth in both advertising and e-commerce revenue."

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