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Stock Market & Financial Investment News

News Breaks
November 6, 2012
07:35 EDTLINTALiberty Interactive reports Q3 revenue $2.2B, consensus $2.2B
Reports Q3 adjusted OIBDA increased 5% to $397M and operating income decreased 14% to $193M. The increase in adjusted OIBDA for the quarter was due to favorable results at QVC, which was offset by unfavorable results at the eCommerce companies. The decrease in operating income for the quarter was primarily due to unfavorable results at the eCommerce companies and the impairment of goodwill of one of the eCommerce companies during the quarter, the company said.
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April 17, 2014
12:21 EDTLINTALiberty Interactive QVC expansion to France to raise EBITDA, says Wells Fargo
After Liberty Interactive announced that it plans to expand its QVC channel to France in 2Q15, Wells Fargo thinks the move could increase the company's EBITDA by about $100M over the long-term. The firm keeps an Outperform rating on Liberty Interactive.
April 16, 2014
07:04 EDTLINTAQVC to expand European presence to France
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April 14, 2014
10:00 EDTLINTALiberty Interactive rises 99.8%
Liberty Interactive is up 99.8%, or $14.12, to $28.27

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