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Yahoo REIT? Verizon Scores A Prize Piece Of Real Estate In Yahoo Deal
Wednesday, July 27, 2016 - 3:47pm | 509Read More...While it's now widely known that Verizon Communications Inc. (NYSE: VZ) has bought the core assets of Yahoo! Inc. (NASDAQ: YHOO) for $4.8 billion, what is new is that Verizon secured something equally coveted in Silicon Valley: real estate. "When the deal closes, the New York telecom giant will...
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Zillow Just Removed A 'Significant Overhang'; Class A Shares Up +9% In Pre-Market
Tuesday, June 7, 2016 - 8:18am | 350Read More...The $130 million settlement of Zillow Group, Inc.-Class A (NASDAQ: ZG) with News Corp (NASDAQ: NWSA) and the National Association of Realtors removed a "significant overhang" on the shares of real estate website, according to JMP Securities. "Importantly, the settlement does not alter any of Zillow...
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Are You Living In One Of America's Most Friendly Job Markets?
Thursday, May 26, 2016 - 11:28am | 254Read More...Trulia is out with a list of the best job markets for recent grads. Do you call one of the top cities home? According to Trulia, the east is "the place to be" for new college grads, despite the fact that the west boasts a "healthy" economy. The new survey is based on Trulia's housing market data...
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Wall Street Analysts Can't Agree On Zillow
Wednesday, August 5, 2015 - 12:44pm | 761Read More...Zillow Group Inc (NASDAQ: Z) reported its second-quarter results after Tuesday's market close. The company reported a loss of $0.46 per share (non-GAAP loss of $0.01) on revenue of $171.3 million, while the Street was looking for a loss of $0.27 per share on sales of $169.17 million. After...
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Why Did Zillow's CFO Just Resign?
Friday, July 10, 2015 - 8:48am | 289Read More...Zillow Group Inc (NASDAQ: Z) on Thursday announced its Chief Financial Officer Chad Cohen will resign from the company effective August 7. Cohen has been with the company since 2006 and was named CFO in 2011. In a report published Friday, SunTrust Robinson Humphrey analyst Bob Peck suggested that...
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Zillow's Plummet Explained: Trulia Sales Force Got Distracted By Merger Process
Wednesday, April 15, 2015 - 1:28pm | 371Read More...Shares of Zillow Group Inc (NASDAQ: Z) plummeted more than 12 percent during early trading on Tuesday, but made a recovery during the rest of the trading day to close the day down only 1.38 percent from previous close. The reason for the slump has been attributed to the disappointing 2015 outlook...
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Zillow Warns That 2015 Will Be A 'Transition' Year
Tuesday, April 14, 2015 - 9:49am | 265Read More...Shares of Zillow Group Inc (NASDAQ: Z) were halted during Tuesday's pre-market trading session ahead of a planned conference call with investors. The company began a conference call at 9 a.m. in which management discussed its acquisition of Trulia, which closed on February 17. The company is also...
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Warning: Zillow Traffic Slowing, Says Barclays
Monday, April 6, 2015 - 8:09am | 189Read More...Barclays, self-described long-term supporters of Zillow Group Inc (NASDAQ: Z), issued a warning Monday morning while downgrading the company to Equal-Weight from Overweight. Barclays analysts expressed concern that traffic growth for Zillow and Trulia brands is slowing, indicating that the market...
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5 Key Points Zillow Investors Should Know Post-Merger
Monday, March 30, 2015 - 8:39am | 269Read More...In a report published Monday, SunTrust Robinson Humphrey analyst Bob Peck presented five key points Zillow Group Inc (NASDAQ: Z) needs to understand as its first quarter ends post-merger with Trulia. 1. For the first quarter, Peck estimated the company to report revenue of $172 million and an...
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Canaccord Maintains On Zillow Following Q3 Report
Thursday, November 6, 2014 - 12:41pm | 315Read More...Michael Graham of Canaccord maintained a Buy rating on Zillow Inc (NASDAQ: Z) on Thursday with a price target lowered to $125 from a previous $150 in response to the company's third-quarter results which were reported Wednesday. “Zillow reported another solid set of results...
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SunTrust Weighs In On Zillow's Second Quarter Results
Wednesday, August 6, 2014 - 11:45am | 379Read More...Zillow (NYSE: Z) reported its second quarter results on Tuesday after market close. The real estate and home-related information marketplace company saw its quarterly revenue expand by at least 65 percent for the 15th straight quarter. In a note to clients on Wednesday, Robert Peck of SunTrust...
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Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Monday, July 28, 2014 - 4:36pm | 2462Read More...U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...
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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792Read More...U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
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Market Wrap For February 14: Markets End The Week Positive
Friday, February 14, 2014 - 5:50pm | 2701Read More...U.S. stocks rose on Friday as investors were able to overlook some disappointing economic data as a result of cold weather. Major indices showed signs of strength today as the Nasdaq continues to inch towards historical all time highs of 5,135.52 recorded on March 10,2000. Today, the index hit...
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Market Wrap For January 6: Busy Day For Analysts Upgrades and Downgrades
Monday, January 6, 2014 - 5:58pm | 2261Read More...Monday's trading session featured a plethora of analyst upgrades and downgrades. With little key economic data released, markets were relatively tame as major indices failing to meaningfully move in any one direction. The Senate appears to be set to officially Janet Yellen to lead the Federal...












