3Q Results Overshadowed as IAC/InterActive (IACI) Issues Concerns over Google (GOOG) Contract; Needham & Company Cuts Price Target to $76

RBC Capital Cuts Price target on IAC/InterActive (IACI) Following 3Q Results

RBC Capital reiterated a Sector Perform rating on IAC/InterActiveCorp (NASDAQ: IACI), and cut the price target to $70.00 (from $83.00), following the company's 3Q earnings results. Revenue of $839MM, up 7% Y/Y, exceeded Street expectations of $821MM.

Analyst Mark Mahaney commented, "IACI... More

Google to Update Google Play Amid Losing Share in Key Markets to iTunes (GOOG) (AAPL)

Alphabet's (Nasdaq: GOOG)(Nasdaq: GOOGL) Google is planning to launch a revamped Google Play onto Android handsets this week as it looks to regain lost traction in key... More

Pre-Open Stock Movers 10/27: (TRIV) (UQM) (BABA) Higher; (RRTS) (RCII) (MRVL) Lower (more...)

TriVascular Technologies, Inc. (Nasdaq: TRIV) 50.8% HIGHER; Endologix (NASDAQ: ELGX) and TriVascular Technologies, Inc. (Nasdaq: TRIV) announced today that they have entered into a definitive merger agreement under which Endologix and TriVascular will combine in a stock and cash transaction. The transaction is valued at $9.10 per TriVascular share, or a total of approximately $211 million, based on Endologix's closing stock price of $13.81 per share on October 23, 2015.

Roadrunner Transportation (NYSE:... More

After-Hours Movers 10/26: (TRIV) (IDTI) (EW) Higher; (RCII) (MRVL) (MSTR) Lower (more...)

TriVascular Technologies, Inc. (Nasdaq: TRIV) 50.8% HIGHER; Endologix (NASDAQ: ELGX) and TriVascular Technologies, Inc. (Nasdaq: TRIV) announced today that they have entered into a definitive merger agreement under which Endologix and TriVascular will combine in a stock and cash transaction. The transaction is valued at $9.10 per TriVascular share, or a total of approximately $211 million, based on Endologix's closing stock price of $13.81 per share on October 23, 2015.

Rent-A-Center (NASDAQ: RCII)... More

Market Wrap: Valeant Plays Defense; New Home Sales Dipped in Sept.; Merger Monday

Market wrap for October 26th

End of the Day: S&P 500 down 4.0 to 2,071.18; Dow Jones down 23.7 to 17,623.05; Nasdaq up 2.8 to 5,034.70

Market Brief: Markets ended mixed in a ho-hum trading session Monday ahead of the FOMC rate decision slated for Wednesday following its two-day meeting.

Valeant came out in defense of accusations from Citron Research, though the stock ended up lower following a slight rebound last Friday.

Plenty of M&A action hitting the wires today in typical Merger Monday... More

IAC/InterActive (IACI) Tops Q3 EPS by 23c, Extends Pact with Google (GOOG)

IAC/InterActive (NASDAQ: IACI) reported Q3 EPS of $1.01, $0.23 better than the analyst estimate of $0.78. Revenue for the quarter came in at $838.6 million versus the consensus estimate of $806.05 million.

IAC announced that it has extended its partnership with Google (Nasdaq:... More

Top 10 News for 10/19 - 10/23: Citron Digs Deep into Valeant; Western Digital, SanDisk Make it Official; Splitsville for Yum! Brands

1. Valeant Pharma (NYSE: VRX) was in focus this week following a report from Citron Research, which called into question the pharma giant's relationship with Philidor RX and whether or not it had a "network of "pharmacies" as clones of Philidor." The Citron report following... More

BlackBerry (BBRY) Opens-up Pre-Orders for First Android Smartphone

BlackBerry's (Nasdaq: BBRY) first Android-based device, the Priv, is now up for pre-order in the U.S., Canada, and the... More

YouTube says ESPN won't be part of YouTube Red service at launch - Bloomberg (GOOG) (DIS)

YouTube says ESPN won't be part of YouTube Red service at launch, according to Bloomberg. However, Disney and YouTube have entered an agreement regarding ESPN.

Alphabet (GOOG) (GOOGL) Ratings Affirmed by Moody's Amid New $5.1B Stock Buyback Program

Google's parent company, Alphabet Inc. (Nasdaq: GOOG), announced yesterday that its board of directors authorized a $5.1 billion share repurchase program of its Class C capital stock, commencing in the fourth quarter of 2015. Moody's said that the share repurchase program will not impact the... More

Streetinsider.com's Hot Lunchtime Reads 10/23: (VRX) (MSFT) (SPPI) (HAL)

The following is a list of notable articles to help get you through the lunch hour:Valeant rebounds ahead of Monday call to address allegations ->... More

Microsoft's (MSFT) Skype Broadens Appeal vs Google Hangouts with Latest Feature (GOOG)

It's no secret that, while largely successful in Internet search and mobile operating systems (following a key acquisition), Google -- a unit of Alphabet (Nasdaq: GOOG)(Nasdaq: GOOGL) -- hasn't had much success in social media. One... More

Earnings Wrap and How Google's (GOOGL) Expanding Valuation Could Push the Stock Through $1000

In Ruth Porat's first full quarter as Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) CFO the company not only continued its recent trend of cost management but also developed a willingness to return capital to shareholders in a new buyback plan. Since revenue growth is accelerating while operating expenses remained stable (as a % of revenue) there is no need to add more spice to the mix yet management decided to implement a buyback that is 2 times the size of... More

Alphabet (GOOG) (GOOGL) PT Raised to $850 at Goldman Sachs; Keeps Top Rating

Goldman Sachs analyst Heather Bellini reiterated a Conviction Buy list rating on Alphabet (NASDAQ: GOOG) and boosted her price target to $850.00 (from $800.00) following strong results.

"In keeping with our thesis on the stock, mobile search and YouTube drove outperformance. The mobile strength was... More

Pre-Open Stock Movers 10/23: (AMZN) (GOOG) (MSFT) Higher; (EMES) (P) (SKX) Lower (more...)

Emerge Energy Services (NYSE: EMES) 43.7% LOWER; announced that, in accordance with its cash distribution policy as determined by the board of directors of its general partner, it will not make a cash distribution on its common units in respect of the three months ended September 30, 2015. Emerge Energy did not generate available cash to distribute for the three months ended September 30, 2015 due to the challenging oil and natural gas frac sand market and the volatility in wholesale fuel prices during this period. The board of... More

Alphabet (GOOG) (GOOGL) PT Raised to $820 at UBS

UBS analyst Eric Sheridan reiterated a Buy rating and boosted his price target on Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to $820.00 (from $750.00).

Sheridan commented, "With its Q3 report, Google continued to disprove the bear thesis around its advertising business positive... More

Jefferies Raises Google (GOOG) (GOOGL) PT to $900; 3 Reasons to Buy the Stock

Jefferies US Internet Team reiterated a Buy rating and boosted its price target on Alphabet (NASDAQ: GOOG) to $900.00 (from $800.00) following strong results after the close.

The team listed three reasons to buy the stock:

Reason #1: We continue to believe online video is the biggest online ad growth driver and YouTube is the premier vehicle to play... More

Alphabet (GOOG) (GOOGL) PT Raised to $850 AT Credit Suisse

Credit Suisse analyst S. Ju reiterated an Outperform rating and boosted its price target on Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) to $850.00 (from $815.00).

Ju commented, "Google reported higher than expected net revenue of $15.3b vs CS $15.0b;... More

Alphabet (GOOG) (GOOGL) PT Raised to $812 at Piper Jaffray

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and boosted his price target on Alphabet (NASDAQ: GOOG) price target of $812.00 (from $723.00) following strong results after the close.

Analyst Gene Munster commented, "Shares of GOOG are up meaningfully in the aftermarket post... More

Cowen Boosts PT on Alphabet (GOOG) to $880; $5B Buyback is Pleasant Surprise

Cowen and Company lifted its price target on Outperform-rated Alphabet (Nasdaq: GOOG)(Nasdaq: GOOGL) from $840 up to $880 following strong Q3 results issued Thursday night.

Analyst John Blackledge commented: GOOG reported solid 3Q15 with FX-neutral revenues accelerating... More

Alphabet (GOOGL) (GOOG) PT Raised to $850 at Mizuho Securities

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and boosted his price target on Alphabet (NASDAQ: GOOG) to $850.00 (from $715.00) following strong results after the close.

Doshi commented, "Net rev of $15.1b and Non-GAAP OI of $6.1b were in line with expectations, while... More