Angi Inc - ANGI STOCK NEWS

ANGI Homeservices (NASDAQ: ANGI) announced the appointment of Christopher Bohnert as Senior Vice President, Chief Accounting Officer and Controller, effective immediately. Bohnert, who joined as Corporate Controller earlier this year, brings over 20 years of accounting and financial reporting experience. He succeeds Michael Schwerdtman, who retains his position as Senior Vice President and Controller of IAC/InterActiveCorp. The leadership change aims to enhance ANGI's accounting operations and SEC reporting as the company continues its growth trajectory.

ANGI Homeservices announced the sale of $500 million in senior notes due 2028 at a 3.875% interest rate. The private offering, set to close on August 20, 2020, will fund general corporate purposes including potential acquisitions. The notes, guaranteed by certain subsidiaries, will be offered only to qualified institutional buyers and non-U.S. persons and are not registered under the Securities Act. ANGI operates a platform for home service professionals, connecting consumers to service providers for over 25 million projects annually.

On August 12, 2020, ANGI Homeservices announced an intention to offer $500 million in senior notes due 2028 through its subsidiary, ANGI Group. The offering aims to attract qualified institutional buyers and will utilize net proceeds for general corporate purposes, including potential acquisitions and capital return. The Notes will not be registered under the Securities Act. ANGI operates platforms connecting consumers with service professionals across various home improvement categories, fostering over 150 million consumer-to-pro connections.

ANGI Homeservices (NASDAQ: ANGI) shared its second quarter financial results, which can be accessed on their investor relations website. A virtual conference call is scheduled for August 11, 2020, at 8:30 a.m. ET, featuring key executives from ANGI and IAC. The company connects consumers with home service professionals across North America and Europe, boasting over 230,000 active service pros for more than 25 million projects annually. ANGI is also known for brands like HomeAdvisor and Angie’s List.

ANGI Homeservices (NASDAQ: ANGI) is set to release its second quarter financial results after market close on August 10, 2020. A virtual conference call will be held on August 11, 2020, at 8:30 a.m. EDT, where the company's executives will discuss the results and address questions. ANGI operates widely across home service categories, connecting consumers with over 250,000 service professionals for various projects annually. This call is an opportunity for investors to gain insights into the company’s performance and future outlook.

IAC (NASDAQ: IAC) has announced a virtual conference call scheduled for July 16, 2020, involving key executives from IAC and ANGI Homeservices. The call, lasting from 10:00 AM to 1:00 PM EDT, will cover business insights and forward-looking information. Participating executives include IAC CEO Joey Levin and ANGI Homeservices CEO Brandon Ridenour, among others. The event will be publicly accessible through both companies' websites. ANGI Homeservices connects consumers with home service professionals, having facilitated over 150 million consumer-to-pro connections.

On June 23, 2020, Angie's List announced a partnership with Thimble to simplify liability insurance for service professionals. The integration allows Angie's List pros to purchase A-Rated insurance policies via the platform, which can be acquired on-demand within minutes. This initiative aims to support home service businesses during the economic recovery, highlighting a 380% increase in policy demand for Thimble in certain states since March. This partnership enhances customer trust and enables service providers to manage their insurance needs flexibly and efficiently.

ANGI Homeservices (NASDAQ: ANGI) will attend the virtual 48th Annual J.P. Morgan Global Technology, Media, and Communications Conference on May 13, 2020. CEO Brandon Ridenour is scheduled to participate in a fireside chat at 9:50 a.m. ET, with the event accessible via J.P. Morgan's website. ANGI Homeservices connects consumers with over 250,000 service professionals across 500 categories, facilitating approximately 20 million projects annually. The company operates well-known brands like HomeAdvisor and Angie’s List, redefining access to home service pros.