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Anonymous Letter Accuses Zillow Management Of Illegal Activity
Monday, April 13, 2015 - 9:22am | 294News Corp (NASDAQ: NWSA) subsidiary Move, Inc.'s (the operator of Realtor.com) nasty legal battle with Zillow Group Inc (NASDAQ: Z) just took a turn. In a new court filing, according to Geek Wire, Move included a letter claiming that Zillow's chief industry relations officer and vice...
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Warning: Zillow Traffic Slowing, Says Barclays
Monday, April 6, 2015 - 8:09am | 189Barclays, 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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Barron's Recap: The Best And Worst States
Sunday, November 23, 2014 - 3:50pm | 833This weekend in Barron's online: the annual ranking of the creditworthiness of all 50 states and the outlook from the Sohn London Investment Conference, as well as the prospects for Intel and more. Cover Story "On Solid Ground" by Andrew Bary. Most American states are in...
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Tesla, Sothebys And Other Highlights From The Ira Sohn Conference
Friday, November 21, 2014 - 1:12pm | 262Below are some notable highlights from the Ira Sohn Conference that took place in London, England. Michael Messara's Caledonia is long Zillow Inc (NYSE: Z), noting shares could be valued at $50 billion, or $770 per share given the company's 72 percent share of mobile viewing and...
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15 Corporate Execs Using Twitter Better Than Anyone Else
Friday, November 21, 2014 - 12:41pm | 1915As social media's footprint continues to grow in the business world, key company officers and executives continue to use it to interact with customers. A handful have understood this for quite some time and have acted accordingly. Below are some of the most accessible leaders on Twitter,...
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Markets Little Changed After Release Of Fed Minutes
Wednesday, November 19, 2014 - 6:19pm | 1123U.S. stocks ended Wednesday's trading session little changed after Fed officials expressed an ongoing concern that inflation may remain at low levels for some time despite efforts to boost the economy, according to October's FOMC minutes. “The information reviewed for the October...
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Canaccord Maintains On Zillow Following Q3 Report
Thursday, November 6, 2014 - 12:41pm | 315Michael 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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Markets Little Changed As Ukraine Uncertainty And Fears Persist
Wednesday, August 6, 2014 - 4:58pm | 3178U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...
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SunTrust Weighs In On Zillow's Second Quarter Results
Wednesday, August 6, 2014 - 11:45am | 379Zillow (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 | 2462U.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 | 2792U.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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Markets Close Higher Despite A Contraction In GDP
Wednesday, June 25, 2014 - 4:47pm | 2446U.S. stocks rebounded from a two-day decline despite the fact that the U.S. economy contracted 2.9 percent in the first quarter. Investors showed little concern to the GDP figure which was negatively impacted by weather. The second quarter GDP figure, when released, may prove to be more market...
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Market Wrap For June 16: M&A Frenzy Keep Indices In Positive Territory
Monday, June 16, 2014 - 4:33pm | 1781U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...
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Market Wrap For June 5: Markets Positive Before Friday's Employment Report
Thursday, June 5, 2014 - 4:35pm | 2244U.S. stocks were positive after the European Central Bank implemented steps to fight disinflation, including negative interest rates. On the home-front, initial jobless claims rose last week but that didn't stand in the way of the S&P 500 and Dow Jones indices trading at historical all-...
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Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...