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Stock Market & Financial Investment News

News Breaks
August 14, 2014
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.
News For IACI From The Last 14 Days
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July 28, 2015
16:34 EDTIACIIAC reports Q2 adjusted EPS 85c, consensus 59c
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15:21 EDTIACINotable companies reporting after market close
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July 27, 2015
09:14 EDTIACIFacebook price target raised to $110 from $94 at Cowen
Cowen analyst John Blackledge raised his price target for Facebook (FB) to $110 ahead of the social media giant's Q2 results on July 29. Investor sentiment has grown more positive recently given Facebook's "explosive" video growth and the opening of the Instagram platform to advertisers, Blackledge tells investors in a research note previewing the Q2 results this week for Internet names. He keeps an Outperform rating on the stock. Blackledge also keeps Outperform ratings on LinkedIn (LNKD) and IAC (IACI) as well as a Market Perform rating on Twitter (TWTR). Those three companies are also reporting Q2 results this week.
July 23, 2015
08:32 EDTIACIIAC results should beat expectations, says JMP Securities
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