According to Reuters, another Fed rate cut may stimulate the housing market. Reuters reports that profits at American Express (AXP) fell 10%. Reuters writes that McDonald’s (MCD) will open 150 outlets in…
Liberty Media, the controlling shareholder of Barry’s Diller’s IACI (IACA) wants Mr. Diller to know that the company is not really his. Liberty has filed suit to take away Mr. Diller’s rights…
Douglas A. McIntyre Barry Diller planned to break his IACI (IACI) into several pieces. The company is a collection of cats and dogs so the move makes sense. TicketMaster can operate on its own. So…
These are not at all the only impact analyst calls kicking off the new year, but these are the calls we are focusing on this morning at 247WallSt.com: Advanced Micro Systems (AMD),…
Local.com (NASDAQ:LOCM) is seeing its shares surge some 15% pre-market after it signed a new pact today. It has entered a strategic partnership with Barry Diller’s IAC/Interactive (NASDAQ:IACI). Local.com says it will…
Douglas A. McIntyre Below is a snapshot of the individual company news affecting share prices being watched by 247WallSt.com: Amtech Systems (NASDAQ: ASYS) shares up 3% after it announced receipt of a $3.9 million solar…
According to Reuters, the Fed is set to cut rates today. Reuters writes that inflation in China hit an 11 year high at almost 7% in November. Reuters reports that global deals…
These are not the only analyst calls that are impacting key shares today, but these are the top ten that 24/7 Wall St. is looking at as impact events on their own:…
Despite a pending break-up in the media conglomerate, IAC/Interactive (NASDAQ:IACI) is spending up to $100 million to launch a new Internet company…. In China. IAC is planning bring its Ask.com to the…
IAC/Interactive (NASDAQ:IACI) has confirmed that the company will be split up into FIVE separate entities. The New IAC under Barry Diller will be comprised of: The businesses currently comprising its Media &…
Douglas A. McIntyre IACI (IACI) will break into five companies, according to a report on CNBC. Barry Diller has been under pressure to improve the company’s stock price. The company is an odd mix of…
Douglas A. McIntyre IAC/Interactive (NASDAQ:IACI) reported earnings that the wires are looking at as lower, although the actual numbers were above what Wall Street was looking for on the earnings front. The company posted $1.515…
Douglas A. McIntyre Google (NASDAQ:GOOG) picked up its share of US Internet Search compared to the prior August with almost 64% of US searches, according to Hitwise. Be advised, data from Hitwise often varies greatly…
According to Reuters, Nokia (NOK) said the the ITC has begin an investigation into Qualcomm (QCOM) trade practives and patent infringements. Reuters writes that Boeing (BA) is estimating that China will need…
Chinese search company Baidu (BIDU) made a new 52-week high of $231.64. That is not extraordinary in and of itself. But, when the 52-week low of $82.24 is taken into account, it…
