iVillage Gains on Takeover, Earnings, Estimate Hike
iVillage
undefined
was up 30.9% in late morning after saying it would buy rival
Women.com Networks
(WOMN)
Scroll to Continue
TheStreet Recommends
.
The female-oriented Web site also posted a fourth-quarter operating loss of 33 cents, ahead of the Street's estimate of 38 cents and the year-ago 91 cent loss.
Goldman Sachs
raised its 2001 estimate on iVillage to a profit of 1 cent a share from a 7 cent loss.
Women.com was down 13%.
