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Stock Market & Financial Investment News

News Breaks
November 6, 2012
08:09 EDTTREETree.com upgraded to Overweight from Equal Weight at Stephens
Stephens upgraded Tree.com citing the solid Q3 beat and guidance. Price target is $17.
News For TREE From The Last 14 Days
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March 5, 2015
09:31 EDTTREELendingtree to host investor and analyst day
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February 25, 2015
09:10 EDTTREELendingtree sees FY15 revenue $192.5M-$200.8M, consensus $186.11M
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09:09 EDTTREELendingtree sees Q1 revenue $46M-$48M, consensus $45.03M
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09:09 EDTTREELendingtree reports Q4 adjusted EPS 47c, consensus 27c
Reports Q4 revenue $43.9M, consensus $42.23M. Reports Q4 Mortgage Products revenue $33.2M, non-Mortgage products revenue $10.7M.
February 19, 2015
06:47 EDTTREEReport shows subprime consumer loans at pre-2007 levels, WSJ says
Equifax (EFX) has released a report stating nearly 40%, or 50M, of auto loans, credit cards, and personal loans during the first 11 months of 2014 were made to subprime customers, the highest levels since the 2007 financial crisis, reports the Wall Street Journal. LendingTree (TREE) Chief Marketing Officer Gabriel Dalporto attributes the growth to nonbank lenders under less regulatory scrutiny than large banks. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link

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