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Stock Market & Financial Investment News

News Breaks
February 7, 2013
06:06 EDTIACIIAC story de-risked following Q4 results, says Deutsche Bank
Deutsche Bank believes IAC's Q4 results showed positive trends and points out the company's OIBA growth guidance for 2013 is largely unchanged. The firm says shorts in the stock could face a no-catalyst trade from here and maintains a Buy rating on the name, despite lowering its price target for shares to $62 from $67.
News For IACI From The Last 14 Days
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April 14, 2014
10:23 EDTIACIHigh option volume stocks: CCL WCG LSI INTU IACI
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April 11, 2014
15:53 EDTIACIPalihapitiya confirms sale of Tinder stake for 'much less' than $500M to IAC
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15:06 EDTIACIIAC says Tinder deal not at $5B valuation, Forbes says
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13:56 EDTIACIIAC takes additional 10% stake in Tinder, Bloomberg says
IAC has purchased another 10% stake in dating app Tinder, which it already majority owns, for $500M, reports Bloomberg, citing people with knowledge of the deal. Shares of IAC are up 4% in afternoon trade following the report. Reference Link
April 7, 2014
09:31 EDTIACIElectus acquires rights to Crazy market from CJ E&M
Electus, an operating business of IAC, announced that it has acquired rights to Crazy Market from CJ E&M. The show currently airs in Korea, and the acquisition marks Electus' first deal in the country. Electus International plans to distribute the program globally at MIPTV. Tim Puntillo's production company, Format First Productions, will be adapting the show for the United States market.

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