According to Bloomberg, IAC is “intending to combine the business with its own

  • 7 years ago
According to Bloomberg, IAC is “intending to combine the business with its own
HomeAdvisor online-review network and create a new publicly traded company.”
Shares of the chip maker Advanced Micro Devices were down sharply on Tuesday,
a day after forecasting weaker than expected profit for the next quarter.
Shares of IAC rose more than 15 percent on Tuesday on news
that the digital media group, controlled by Barry Diller, would buy Angie’s List for about $500 million.
The company made a profit of $1.5 billion, up from a loss of $583 million in the first quarter of 2016.
have soared over the last 15 months, rising from less than $2 a share in February of 2016 to nearly $15 this year.
BP shares gained after the British oil giant reported a surge in profit for the first quarter of the year.
and Oil -
By THE NEW YORK TIMESMAY 2, 2017
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