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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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Morgan Stanley Initiates On Zillow, Says Top Agents Will Drive Ad Growth
Wednesday, July 15, 2015 - 10:29am | 623Read More...On July 14, Morgan Stanley analyst Dean Prissman published a report, "Enabling The Best To Get Better" and initiated Zillow Group Inc (NASDAQ: Z) at Overweight. Shares popped up over 3.8 percent Tuesday on this much-needed good news for beleaguered Zillow shareholders. Zillow shares...
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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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Oppenheimer And Zillow: Model Adjusted Amid Trulia Acquisition, Shares Rebounding
Thursday, April 16, 2015 - 1:21pm | 651Read More...On Tuesday, Oppenheimer & Co. Inc. (Opco) published a note updating their model on Zillow Group Inc (NASDAQ: Z) after CEO Spencer Rascoff lowered Zillow guidance for FY 2015. Opco's Zillow Highlights FY 2015 EBITDA lowered to just $80 - $85 million vs. a prior consensus of approximately $146...
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Bob Peck Comments On Zillow's Remodeling
Wednesday, April 15, 2015 - 1:33pm | 400Read More...In a report published Wednesday, SunTrust’s Bob Peck provided some insight on Zillow Group Inc (NASDAQ: Z)'s ongoing remodeling. The analyst also trimmed his price target from $115 to $110 and reduced his near-term growth projections. Shares of Zillow were up more than 3 percent...
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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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Zillow: 2 Analysts Weigh In With 2 Widely Different Views
Friday, February 20, 2015 - 1:11pm | 486Read More...Analysts from CRT Capital and JMP Securities on Thursday weighed in on earnings and revised its price targets for the freshly named Zillow Group Inc (NYSE: Z), reflecting its merger with Trulia. There was a significant difference between the revised price targets updated by these two firms...
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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...
