IAC/InterActiveCorp
News and overview for IAC/InterActiveCorp
Online genealogy company Ancestry.com plans IPO, boasts more than a million paying subscribers -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 20 days 1 hour 16 minutes ago
NEW YORK (AP) — 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.
Ancestry.com hopes to raise $100 million in IPO
Seattle Times, The | 20 days 1 hour 7 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.
Ancestry.com hopes to raise $100 million in IPO - National Business - MiamiHerald.com
Miami Herald, The | 20 days 51 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.
Ancestry.com hopes to raise $100 million in IPO - Technology - MiamiHerald.com
Miami Herald, The | 19 days 22 hours 58 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.
US HOT STOCKS: ESCO Technologies Active In Late Trading
Wall Street Journal, The | 11 days 16 hours 36 minutes ago
U.S. stocks closed lower Thursday as the Dow Jones Industrial Average fell 94 points to 10198, the Standard & Poor's 500 dropped 11 points to 1087 and the Nasdaq Composite declined 18 points to 2149. Among the companies whose shares are actively trading in the after-hours session are ESCO Technologies Inc. (ESE), Walt Disney Co. (DIS) and Nordstrom Inc. (JWN).
US HOT STOCKS: 3Com, AMD, Green Mountain Coffee, Dow Chemical
Wall Street Journal, The | 11 days 18 hours 45 minutes ago
U.S. stocks were lower Thursday as the Dow Jones Industrial Average fell 51 points to 10240, the Standard & Poor's 500 declined 6.4 points to 1092 and the Nasdaq Composite slid 7.7 points to 2159. 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).
E-Commerce News: Wall Street: Ancestry.com to Take IPO Plunge
TechNewsWorld | 19 days 20 hours 56 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.
Liberty Global to Buy Germany's Unity Media
Wall Street Journal, The | 11 days 8 hours 27 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.
Corporate Earnings
Denver Post, The | 26 days 22 hours 40 minutes ago
Valero Energy The largest independent petroleum refiner in the U.S.
Ancestry.com expects to raise $100 million in IPO
Centre Daily Times (State College, Pa.) | 33 days 18 hours 2 minutes ago
NEW YORK Genealogy Web site Ancestry.com Inc. plans to sell about 7.4 million shares in an IPO to raise about $100 million.
UPDATE:BEFORE THE BELL:US Stock Futures Turn Higher
Wall Street Journal, The | 27 days 19 hours 58 minutes ago
(updates prices, stock futures now higher across the board.) By Steve Goldstein U.S. stock futures pointed to a stagnant start Tuesday as the market searches for a new spark after a series of strong earnings releases.
US HOT STOCKS: US Steel, Crane, Carter's, Winn-Dixie
Wall Street Journal, The | 27 days 19 hours 3 minutes ago
U.S. stocks traded lower Tuesday, with the Dow Jones Industrial Average up 0.8 point to 9868, the S&P 500 off 2.4 points to 1064 and the Nasdaq Composite down 12 points to 2129. Among the companies whose shares are actively trading are U.S. Steel Corp. (X), Crane Co. (CR) and Carter's Inc. (CRI).
Upcoming Net Neutrality Rules Will Change Digital Landscape
MediaPost Communications | 35 days 18 hours 16 minutes ago
If any company was unconcerned about net neutrality, we figured it would be Twitter. Really, how much bandwidth does a tweet require? Yet, along with Facebook and Digg, Twitter is getting involved in an issue that, for better or worse, is likely to fundamentally alter the entire digital landscape.
AT&T, Google Battle Over Web Rules
Wall Street Journal, The | 31 days 23 hours 32 minutes ago
WASHINGTON—There's nothing neutral in the battle between AT&T Inc. and Google Inc. over the future of the Internet.
Facebook and Twitter Founders Join Net-Neutrality Wars
Wall Street Journal, The | 35 days 23 hours 24 minutes ago
Fed up with a barrage of letters that arrived at the FCC last week from net-neutrality opponents (or lawmakers urging a cautious approach toward the new rules), a coalition of Internet companies are urging the FCC chairman to hold steady.
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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 |
