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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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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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