Wednesday, February 6, 9:23 AM
Google (GOOG) has acquired Channel Intelligence, a provider of services that enable and track e-commerce activity for online retailers/marketers, from ICG (ICGE) for $125M in cash. Google Shopping services are a big part of CI's offerings. The deal expands Google's arsenal of services for lucrative e-commerce ad buyers, and does so at a time when the company is both trying to navigate a shift in marketing activity from Google Search to Google Shopping, and facing growing competition from Amazon (AMZN). ICGE +6.3%.
1 Comment[Tech, M&A, On the Move]
Monday, November 5, 2012, 8:37 AMInternet Capital Group (ICGE): Q3 EPS of $0.59 beats by $0.77. Revenue of $51.2M in-line. (PR)
Comment![Earnings]
Thursday, July 26, 2012, 10:12 AMICG Group (ICGE): Q2 EPS of -$0.17 misses by $0.02. Revenue of $45.1M (+27.8% Y/Y) beats by $3.53M. (PR)
Comment![Earnings]
Thursday, May 3, 2012, 9:49 AMInternet Capital Group (ICGE): Q1 EPS of -$0.19 misses by $0.08. Revenue of $36.6M (+7.6% Y/Y) beats by $1.1M. (PR)
Comment![Earnings]
Monday, April 9, 2012, 1:32 PM
ICG Group (ICGE +5.8%) pops on an upgrade to Strong Buy on valuation at Feltl, citing synergies from its MSDSonline acquisition and Procurian deal flow.
Comment![Tech, On the Move]
Monday, April 2, 2012, 4:55 PM
Dot-com bubble high-flyer ICG Group (ICGE) is now into cloud software. ICG is paying $48M to acquire 96% of MSDSonline, a developer of cloud-based solutions that help environmental, health, and safety professionals manage workplace and environmental hazards. MSDSonline had $13M in 2011 revenue, and was roughly breakeven.
Comment![Tech, M&A]
Thursday, February 23, 2012, 9:31 AMICG Group (ICGE): Q4 EPS of $0.49 in-line. Revenue of $36.1M (+9.1% Y/Y) beats by $1M. (PR)
Comment![Earnings, Tech]
Jim Van Meerten ICGE - Internet Capital Group-80% Barchart buy signal- above 20,50&100 DMA-14 nedw highs in 20 sessions - Relative Strength Index 68.52%
9/14/10
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AlphaLoboTrading ICGE - 8.13 - weekly breakout level is above 8.25, would use move above that level as buy signal for 10.00 price target.