Stock Investment Alert - INFY, IACI, BIDare 52-Week High Today

Infosys Technologies Limited (ADR) (NASDAQ:INFY) made a new 52-week high at $59.13 and now up 1.28% to $58.39. The company has reported revenues of INR57.41bn for third quarter of 2009, a decrease of 0.8% compared to INR57.86bn for the same period last year. The company posted a gross profit of INR24.78bn, compared to INR25.19bn and an operating profit of INR17.84bn, compared to INR18.38bn for the same period last year. For the quarter ended December 31, 2009, the company posted a net profit of INR15.59bn, a decline of 3.6% compared to INR16.35bn for the same period a year ago.

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IAC/InterActiveCorp (NASDAQ:IACI) made a new high at $22.28. The stock is up 2.96% at $21.60. IAC/InterActiveCorp (IAC) operates diversified Internet businesses in the United States and various jurisdictions abroad. The Company operates in four segments: Media & Advertising, Match, ServiceMagic and Emerging Businesses. Media & Advertising consists primarily of its search business. Match segment is a provider of subscription-based online personals services.

Sotheby's (NYSE:BID) jumped 7.16% to $25.28. Today the stock made a new 52-week high of $25.31.  Sotheby's is an auctioneer of fine art, antiques and decorative art, jewelry and collectibles. The Company’s operations are organized into three business segments: Auction, Finance and Dealer. In addition to auctioneering, the Company’s Auction segment is engaged in a number of related activities, including the brokering of private purchases and sales of fine art, jewelry and collectibles.

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