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IAC/InterActiveCorp Tops Estimates
Shares of IAC/InterActiveCorp(IACI Quote) rose Wednesday after the company announced third-quarter earnings that beat Wall Street estimates.
The company said net income fell 4.2% to $71.8 million, or 24 cents a share.
Adjusted for certain items, the company earned 37 cents a share; analysts polled by Thomson Financial were expecting 35 cents a share, compared to 35 cents in the same period a year ago. ...
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