Tuesday, July 31, 2007

UPDATE 1-IAC/InterActiveCorp quarterly profit rises

(Reuters) - At the same time the company said its key HSN shopping unit
posted a slight 1 percent decline in revenue and reported what
it said was unexpected softness in U.S. ticket volumes for its
Ticketmaster box-office service.




Second-quarter net profit rose to $95.97 million, or 32
cents per share, from $53.8 million, or 17 cents per share, a
year ago.


Read more at Reuters.com Market News

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