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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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September 10, 2014
14:16 EDTIACIIAC's Tinder looking to raise funds from Benchmark, TechCrunch says
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06:00 EDTIACIIAC settles harassment suit filed by Tinder co-founder, AP reports
An IAC/InterActiveCorp spokesperson has confirmed that the company has settled a sexual harassment and discrimination suit filed by Tinder co-founder and former VP of marketing Whitney Wolfe, the Associated Press reports. Terms of the settlement have not been disclosed, though the spokesperson says IAC, which owns Tinder, did not admit wrongdoing. Reference Link
September 4, 2014
10:29 EDTIACIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AeroVironment (AVAV) upgraded to Buy from Hold at Benchmark Co... D.R. Horton (DHI) upgraded to Buy from Neutral at UBS... IAC (IACI) upgraded to Overweight from Equal Weight at Barclays... Imperial Tobacco (ITYBY) upgraded to Outperform from Underperform at Exane BNP Paribas... Infinity Pharmaceuticals (INFI) upgraded at JMP Securities.
05:29 EDTIACIIAC upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded IAC/InterActiveCorp to Overweight citing an improving outlook for the company's Tinder and Vimeo properties, as well as the potential for strategic alternatives to unlock shareholder value longer term. The firm raised its price target for shares to $87 from $72.
September 3, 2014
09:04 EDTIACIIAC acquires majority stake in Mhelpdesk management software
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