IAC/InterActiveCorp
News and overview for IAC/InterActiveCorp
Ask.com Mines Online Coupons with New Aggregator
NewsFactor Network | 41 days 3 hours 18 minutes ago
There are plenty of sites out there that sift through the best deals -- and shopping is one focus of Microsoft's retooled Bing search engine. But Ask Networks President Scott Garell thinks Ask's plan to aggregate bargains from many places will lure savvy consumers. "When you look at the raw scale and quality of what we're doing, it's better," he said.
Liberty buys German cable firm
Denver Post, The | 11 days 6 hours 26 minutes ago
John Malone's Liberty Global group is set to acquire Unity Media GmbH, Germany's No.
Major business events scheduled for Tuesday - AP - NOLA.com
Times-Picayune (New Orleans), The | 28 days 19 hours 20 minutes ago
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TVNewsCheck - Clicker.com Aims To Become Internet's TV Guide
TVNewsCheck | 11 days 20 hours 55 minutes ago
SAN FRANCISCO (AP) — Web surfing is becoming more like channel surfing as television shows, movies and music videos pour onto the Internet.
Liberty to Buy Unity Cable-TV
Wall Street Journal, The | 11 days 17 hours 39 minutes ago
John Malone's Liberty Global Inc. is set to acquire Unity Media GmbH, Germany's number two cable operator, for more than $3 billion plus the assumption of debt, said two people familiar with the matter.
Ancestry.com hopes to raise $100 million in IPO
Monterey County Herald (Calif.), The | 20 days 2 hours 42 minutes ago
NEW YORKGenealogy Web site Ancestry.com hopes to raise about $100 million when it goes public this week. With more than a million paying subscribers, little competition, a small debt load and a record of increasing revenues, it may fare better than other IPOs that have recently priced below their filing ranges.
US HOT STOCKS: 3Com, Green Mountain, AMD, Youbet, Advance Auto
Wall Street Journal, The | 12 days 13 minutes ago
U.S. stocks were mixed Thursday as the Dow Jones Industrial Average fell 13 points to 10278, the Standard & Poor's 500 fell 1 point to 1097 and the Nasdaq Composite moved up 1 point to 2168. Among the companies whose shares are actively trading in the session are 3Com Corp. (COMS), Advanced Micro Devices Inc. (AMD) and Green Mountain Coffee Roasters Inc. (GMCR).
Online genealogy company Ancestry.com plans IPO, boasts more than a million paying subscribers
Star Tribune (Minneapolis-St. Paul, Minn.) | 20 days 2 hours 35 minutes ago
NEW YORK - Genealogy Web site Ancestry.com hopes to raise about $100 million when it goes public this week.
US HOT STOCKS: 3Com, AMD, Green Mountain Coffee, Brocade
Wall Street Journal, The | 11 days 22 hours 30 minutes ago
U.S. stocks were lower Thursday as the Dow Jones Industrial Average fell 57 points to 10233, the Standard & Poor's 500 declined 7 points to 1091 and the Nasdaq Composite slid 8 points to 2158. Among the companies whose shares are actively trading in the session are 3Com Corp. (COMS), Advanced Micro Devices Inc. (AMD) and Green Mountain Coffee Roasters Inc. (GMCR).
Ancestry.com to Take IPO Plunge
E-Commerce Times | 14 days 3 hours 33 minutes ago
Ancestry.com, which makes it easier for genealogy buffs to trace their family trees, is launching an IPO this week. The company expects to garner $100 million from the offering, which it will use to pay debt, invest in new technologies, and advance its plans for global expansion.
Ancestry.com hopes to raise $100 million in IPO - Breaking News - Business - MiamiHerald.com
Miami Herald, The | 20 days 1 hour 38 minutes ago
NEW YORK -- Genealogy Web site Ancestry.com hopes to raise about $100 million when it goes public this week. With more than a million paying subscribers, little competition, a small debt load and a record of increasing revenues, it may fare better than other IPOs that have recently priced below their filing ranges.
UPDATE 1-Liberty Media posts rise in op profits
Reuters | 14 days 23 hours 11 minutes ago
NEW YORK, Nov 9 (Reuters) - Liberty Media Corp, the media conglomerate controlled by John Malone, posted on Monday an increase in aggregate operating profit across its three units.
Technology Review: Ancestry.com raises $100 million in IPO
MIT Technology Review | 18 days 11 hours 32 minutes ago
» More Energy in Batteries » Sequencing Price Drops Even Lower
Ancestry.com raises $100 million in IPO
Philadelphia Inquirer, The | 19 days 11 hours 37 minutes ago
NEW YORK - Genealogy Web site Ancestry.com has succeeded in raising $100 million in its initial public offering. With more than a million paying subscribers, little competition, a small debt load and a record of increasing revenue, it fared better than other IPOs that have recently priced below their filing ranges.
Technology News: Wall Street: Ancestry.com to Take IPO Plunge
TechNewsWorld | 19 days 22 hours 18 minutes ago
The Provo, Utah-based company, which is the world's largest online resource for birth certificates and marriage records, expects to price the shares between US$12.50 and $14.50 apiece on Wednesday. Underwriters are being offered up to an additional 1.1 million shares to cover overallotments, which would boost total proceeds to about $115 million.
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Company Overview
| Company: | IAC/InterActiveCorp |
|---|---|
| Industry: | Internet Content Providers |
| Website: | http://www.iac.com |
IAC/InterActiveCorp (IAC) satisfies inquisitive minds who want to explore local hot spots, meet the right partner, find a contractor, and maybe even host a party or two. The Internet conglomerate owns more than 35 Web companies, including search engine Ask.com, local guide Citysearch, dating site Match.com, home service provider network ServiceMagic, and online-invitation firm Evite. Formerly a jumble of disparate assets that included cable-TV networks, travel services, and mortgage lending, the company has slimmed down to focus on the online search and content market. To achieve this goal, it split into five public companies in 2008, with IAC retaining the Web properties. IAC is controlled by CEO Barry Diller.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,445.1 (2008) |
|---|---|
| One-year % Growth in Sales | -77.3 (2008) |
| Net Income in U.S. Dollars (mil.) | -156.2 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 3,200 (2008) |
| One-year % Growth in Number of Employees | -84.8 (2008) |
| Fiscal Year-End | December |
