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Stock Market & Financial Investment News

News Breaks
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.
News For IACI From The Last 14 Days
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October 29, 2014
09:19 EDTIACIOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Goodyear Tire (GT), up 10%... Electronic Arts (EA), up 3.7%... ZELTIQ (ZLTQ), up 9%... Eaton (ETN), up 2.3%... Anadarko (APC), up 2%... U.S. Steel (X), up 7.7%... IAC (IACI), up 3.6%. ALSO HIGHER: Fiat Chrysler (FCAU), up 12% after reporting quarterly results, announcing plan to spin off Ferrari... Cara Therapeutics (CARA), up 17.8% after HAL trial of IV formulation of CR845 met primary endpoint... Jamba (JMBA), up 4% after upgraded at Wedbush. DOWN AFTER EARNINGS: Facebook (FB), down 5.7%... Gilead (GILD), down 3.2%... Ralph Lauren (RL), down 2.3%... SodaStream (SODA), down 3%... Garmin (GRMN), down 5%... Applied Micro Circuits (AMCC), down 9.9%... STMicroelectronics (STM), down 10%... Ballard Power (BLDP), down 8.7%... Hershey (HSY), down 3.3%... Deutsche Bank (DB), down 2.3%... McKesson (MCK), down 2%. ALSO LOWER: Sanofi (SNY), down 5.7% after downgraded at various firms including Barclays and BofA/Merrill after the company's board removed Christopher Viehbacher as CEO... InvenSense (INVN), down 22%, downgraded at Pacific Crest, Northland and Piper Jaffray following the company's Q2 earnings results... CareTrust REIT (CTRE), down 3.6% after acquiring Cross Healthcare Seniors housing portfolio... Orbital (ORB), down 16% after Orb-3 launch mishap... American Realty (ARCP), down 22% after announcing resignations of CFO, CAO.
07:33 EDTIACIIAC reports Q3 Match Group revenue up 12%
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07:32 EDTIACIIAC reports Q3 adjusted EPS 92c, consensus 66c
Reports Q3 revenue $782.2M, consensus $751.69M
October 28, 2014
16:49 EDTIACIBenchmark takes equity stake at Tinder
Tinder announced that Matt Cohler, a General Partner of Benchmark, has joined its board of directors and that Benchmark has taken an equity stake in Tinder. Tinder is controlled by The Match Group, a subsidiary of IAC.

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