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Stock Market & Financial Investment News

News Breaks
August 11, 2014
13:29 EDTIACI, DMDDemand Media new CEO hire brings two major advantages, says B. Riley
B. Riley said Demand Media's (DMD) hiring of Sean Moriarity as CEO bring two major advantages, a proven executive in the Los Angeles area and one with deep relationships with IAC Interactive (IACI). The analyst believes Demand Media will try to sell itself to IAC Interactive once the spin is complete. Shares are Buy rated wit a $21 price target.
News For DMD;IACI From The Last 14 Days
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November 14, 2014
16:52 EDTIACIGreenlight Capital gives quarterly update on stakes
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November 10, 2014
16:40 EDTIACILuxor Capital Group reports 5.2% passive stake in IAC
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16:20 EDTDMDDemand Media CFO Mel Tang to leave at end of year
Demand Media announced that Mel Tang, its CFO, will depart at the end of the year. He will assist in the transition of the company’s finance and accounting functions through March 31, 2015. A search for a new CFO is underway.
16:19 EDTDMDDemand Media reports Q3 adjusted EPS (2c), consensus (15c)
Reports Q3 revenue $41.3M, consensus $39.48M.

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