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Stock Market & Financial Investment News

News Breaks
December 3, 2012
11:03 EDTIACIElectus International signs multiple format deals
Electus, an operating business of InterActiveCorp announced that its global distribution arm, Electus International, has licensed the format for Fashion Star, its hit reality fashion competition series, securing local series commitments in Korea, Vietnam as well as being optioned to Endemol in India.
News For IACI 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.
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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