|Bid||144.00 x 100|
|Ask||166.50 x 100|
|Day's range||164.08 - 166.60|
|52-week range||72.00 - 166.64|
|PE ratio (TTM)||51.75|
|Earnings date||1 May 2018 - 7 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||178.37|
An IAC share distribution would create additional float for Match Group and enable broader ownership.
U.S. Senate Democrats launched efforts on Tuesday to win a vote to reinstate Obama-era rules guaranteeing an open internet, suggesting it would be a major issue in the 2018 mid-term elections. Democrats remain one Republican senator shy of winning a majority in the Senate to reverse the Federal Communications Commission's order to undo the 2015 open internet rules. The FCC in December voted 3-2 to reverse Obama-era rules barring service providers from blocking, slowing access to or charging more for certain online content.
A coalition of 22 state attorneys general and the District of Columbia on Thursday refiled legal challenges intended to block the Trump administration's repeal of landmark rules designed to ensure a free and open internet from taking effect. The Federal Communications Commission officially published its order overturning the net neutrality rules in the Federal Register on Thursday, a procedural step that allows for the filing of legal challenges. The states, along with Web browser developer Mozilla Corp and video-sharing website Vimeo Inc (IAC.O), had filed petitions preserving their right to sue in January, but agreed to withdraw them last Friday and wait for the FCC's publication.
Couples who meet online through any site are more likely to be interracial than those who met off-line.
The New York-based company said it had net income of 37 cents per share. Earnings, adjusted for stock option expense and amortization costs, were $1.40 per share. The results exceeded Wall Street expectations. ...
Internet media giant IAC/InterActive (IAC) this afternoon reported Q4 revenue and profit that easily topped analysts’ expectations, as its Match.com business saw users of the “Tinder” dating app rise by over half a million. IAC’s chief, Joey Levin, was kind enough to take a few minutes to talk with me by phone about the report. As has been the case in past chats with Levin, he said he believes the company’s stock is undervalued.
IAC said fourth-quarter earnings were $1.40, up a penny from a year ago, with revenue rising 17% to $950 million, topping consensus estimates.
Internet service provider Starry Inc. has raised $31 million of a potential $55 million equity funding round, according to a regulatory filing.
Barry Diller is considering funding a $25-30 million gondola that would transport tourists to the Hollywood sign, Variety reports.