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Stock Market & Financial Investment News

News Breaks
August 14, 2014
12:21 EDTFMC, IACIThird Point takes new stakes in IAC, FMC Corporation
Third Point owns 1.55M shares of FMC Corporation (FMC) and 2M shares of IAC/Interactive (IACI), the funds latest quarterly report showed earlier. The company did not discloses stakes in either company in its prior 13F filing.
News For IACI;FMC From The Last 14 Days
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December 16, 2014
09:17 EDTIACIInternet sector upgraded to Attractive from Neutral at Goldman
Goldman upgraded the Americas Internet sector to Attractive to Neutral based on more reasonable valuations, reduced expectations, and strong sector growth. As part of the sector change, the firm upgraded GrubHub (GRUB) to Buy from Neutral, downgraded Shutterfly (SFLY) to Neutral from Buy, and lowered Priceline (PCLN) to Buy from Conviction Buy.
08:18 EDTFMCFMC Corporation initiated with a Neutral at Nomura
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December 14, 2014
18:46 EDTFMCFMC Corporation could rally 50%, Barron's says
FMC Corporation shares could see a 50% increase to around $85.00 per share in the next couple of years, driven by expanding margins, Barron's contends in a feature article. Reference Link
December 8, 2014
06:40 EDTIACIIAC looks to sell majority stake in CollegeHumor, Fortune reports
IAC is looking to sell entertainment website CollegeHumor for around $100M, Fortune reports, citing sources. IAC bought a majority stake in the entertainment website eight years ago for around $20M. Reference Link

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