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Clayton Moran Comments Briefly on InfoSpace
Tuesday, July 26, 2011 - 8:14amClayton Moran has published a research report on InfoSpace Inc (NASDAQ: INSP). In the report, Clayton Moran wrote, "InfoSpace is scheduled to report 2Q11 results on Thursday (5:00 call). We anticipate solid search results and an improved cash flow outlook due to the recent sale of money-losing...
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Benchmark Reiterates Buy and PT of $11 on InfoSpace
Wednesday, May 18, 2011 - 7:29amBenchmark reiterated its Buy rating and price target of $11 on InfoSpace (NASDAQ: INSP). In a research report published today, Benchmark speculated that InfoSpace might be looking for new acquisitions. In the report, Benchmark states, "InfoSpace disclosed that 52% of owned and operated search...
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Benchmark Reiterates Buy on InfoSpace (INSP)
Tuesday, March 29, 2011 - 8:14amBenchmark is out with its report today on InfoSpace (NASDAQ: INSP), reiterating Buy. In a note to clients, Benchmark writes, "InfoSpace should renew its critical search agreement with Google this week. The search business has stabilized and will anniversary a step-down in 2Q, which should foretell...
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Benchmark Reiterates Buy Rating On INSP
Tuesday, March 29, 2011 - 7:54amBenchmark is reiterating its Buy rating on shares of InfoSpace (NASDAQ: INSP). “InfoSpace should renew its critical search agreement with Google this week,” Benchmark writes. “The search business has stabilized and will anniversary a step-down in 2Q, which should foretell a return to growth. The...
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Benchmark On The Internet Sector
Wednesday, October 13, 2010 - 9:09amBenchmark has downgraded the Internet sector from Overweight to Market Weight and core internet holdings currently are believed to be Expedia (NASDAQ: EXPE), Google (NASDAQ: GOOG) and Priceline.com (NASDAQ: PCLN). In the report, Benchmark writes "The Internet Holdings Company Depositary Receipts...
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InfoSpace Valuation Support Rising
Monday, September 20, 2010 - 9:23amInfoSpace, Inc. (NASDAQ: INSP) announced Friday after market close that it settled a lawsuit and will receive $26.65M, reducing SG&A expenses by $1M quarterly, Benchmark reports. InfoSpace currently has $6.30/share in cash, no debt, and positive cash flow, according to Benchmark. Added cash...
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Infospace Buys Mercantila’s E-Commerce Ops: Upgraded by The Benchmark Company
Tuesday, May 11, 2010 - 3:05pmShares of Infospace (NASDAQ: INSP) are trading lower on the session by 1.34%, currently at $8.84. The company announced earlier in the day that they had purchased assets from Mercantila, namely its e-commerce business. This gives Infospace about $6 million in revenue for Q2 2010 and about $40...
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S&P Downgrades Infospace (INSP) From Strong Buy to Buy
Tuesday, March 16, 2010 - 1:42pm
S&P downgraded Infospace (NASDAQ: INSP) from Strong Buy to Buy, in the Mar. 17, issue of the Outlook, on price appreciation. The shares rose 24% from last month’s low and are now close to S&P’s 12-month target price of $12. “We are encouraged by recent momentum in the company’s...
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