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Stock Market & Financial Investment News

News Breaks
January 6, 2013
20:44 EDTIACIInterActiveCorp to announce acquisition of Tutor.com, NY Times says
InterActiveCorp (IACI) is set to announce it will acquire Tutor.com, an online service that matches students with educational professionals. The company did not disclose the terms of the deal, but a person with knowledge of the matter estimated that IAC had paid just under $40M for Tutor.com, says the New York Times. Reference Link
News For IACI From The Last 14 Days
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May 20, 2013
14:20 EDTIACIMove mentioned as takeover target by Citron Research on Twitter
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May 15, 2013
17:09 EDTIACIGreenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).
16:08 EDTIACIGoogle sites lead U.S. April searches with 66.5% of searches, comScore says
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May 8, 2013
08:11 EDTIACIPerion Network signs three-year search partnership with IAC's Ask.com
Perion Network (PERI) has entered into a three year non-exclusive search and distribution relationship with Ask.com, an operating business of IAC (IACI). Ask provides general search services as well as direct answers to natural language questions to more than 100 million global users.

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