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Stock Market & Financial Investment News

News Breaks
March 18, 2014
09:31 EDTIACIVimeo acquires video-creation app Cameo
Vimeo, an operating business of IAC, announced the acquisition of Cameo, a mobile, cloud-based application for shooting, styling, and sharing beautiful short films. With Cameo, users can edit and customize their videos with professional-grade effects. Terms of the deal were not disclosed.
News For IACI From The Last 14 Days
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September 17, 2014
13:47 EDTIACISource says report of IAC bid for Perion untrue, Reuters reports
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13:44 EDTIACISource says report of IAC bid for Perion untrue, Reuters reports
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09:10 EDTIACIOn The Fly: Pre-market Movers
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06:41 EDTIACIPerion Network receives takeover offer from IAC, Calcalist says
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September 16, 2014
05:56 EDTIACIIAC names NBCU Cable Entertainment Chairman Bonnie Hammer to board
IAC (IACI) yesterday announced the appointment of Bonnie Hammer to the company's Board of Directors, effective September 12. Hammer serves as Chairman, NBCUniversal Cable Entertainment (CMCSA), where she leads NBCUniversal's entire cable entertainment portfolio including USA, Syfy, E! Entertainment, Bravo, Oxygen, Esquire Network, Sprout, Chiller and Cloo, as well as production entities Universal Cable Productions and Wilshire Studios.
September 15, 2014
06:38 EDTIACIIAC investors want company to spin out dating properties, NY Times reports
IAC/InterActiveCorp has acquired nearly every major dating app/dating site, including Match.Com, OKCupid and HowAboutWe, and investors want it to spin out all of its dating properties into a standalone company, the New York Times reports. IBIS World analyst Jeremy Edwards doesn't see a dating site "bubble," but believes growth is going to slow. Reference Link
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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