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Stock Market & Financial Investment News

News Breaks
March 12, 2014
08:46 EDTIACIIAC price target raised to $98 from $78 at Topeka
Topeka raised its price target for IAC shares to $98 citing higher growth assumptions for the company's Match.com unit. The firm recommends buying shares of IAC in anticipation of a Match spin off and keeps a Buy rating on the stock.
News For IACI From The Last 14 Days
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August 26, 2014
09:57 EDTIACIAmazon Twitch purchase underscores value of Vimeo, says Maxim
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August 15, 2014
11:45 EDTIACIVringo confirms adverse ruling in patent suit with Google, others
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11:15 EDTIACIVringo falls after patent win against Google, AOL reversed on appeal
The U.S. Court of Appeals for the Federal Circuit that patents claims asserted by I/P Engine, a unit of Vringo (VRNG), are invalid for obviousness and reversed a lower court's ruling in the company's favor. The patents were asserted in a suit against Google (GOOG) and Aol (AOL), IAC Interactive (IACI) and Gannett (GCI). Vringo shares dropped nearly 11% following the posting of the appeal court ruling. Reference Link
August 14, 2014
17:00 EDTIACIGreenlight Capital gives quarterly update on stakes
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12:21 EDTIACIThird Point takes new stakes in IAC, FMC Corporation
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10:05 EDTIACIOn The Fly: Analyst Initiation Summary
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09:55 EDTIACIIAC's Ask.com acquires Ask.fm, terms not disclosed
Ask.com announced it acquired Ask.fm, the world's largest Q&A social network, which facilitates question and answer exchange across its global user base of 180 million monthly unique users. Terms of the deal were not disclosed. Ask.fm was not previously affiliated in any way with Ask.com or its parent company IAC. In connection with the transaction, existing outside Ask.fm investor Rubylight will retain a minority interest in the business. Ask.fm's founders will no longer be involved in its operations or retain any equity.
06:25 EDTIACIIAC initiated with a Buy at Maxim
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