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Stock Market & Financial Investment News

News Breaks
July 30, 2014
07:34 EDTIACIIAC reports Q2 adjusted EPS 4c, consensus 81c
Reports Q2 revenue $756.3M, consensus $796.63M. Adjusted EPS reflects a negative impact of 75c from the $66.6M after-tax effect of the write-downs of certain investments.
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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