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Stock Market & Financial Investment News

News Breaks
June 4, 2014
06:14 EDTIACI, LYVTicketmaster expects to pay out $35.4M in lawsuit settlement, NY Post reports
LiveNation's Ticketmaster reached a tentative settlement to a 2003 lawsuit that would offer up to $403.3M in credits to 50M ticket buyers, but so few customers have filed a claim that the company expects to pay out just $35.4M, the New York Post reports. Reference Link
News For LYV;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 15, 2014
15:09 EDTLYVLive Nation management to meet with Evercore ISI
Meeting to be held in San Francisco on December 16 hosted by Evercore ISI.
December 8, 2014
09:30 EDTLYVLive Nation downgraded to Neutral from Buy at Northcoast
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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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