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Stock Market & Financial Investment News

News Breaks
August 6, 2014
17:28 EDTZ, TRLAZillow reports 6.2% stake in Trulia
News For Z;TRLA From The Last 14 Days
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August 3, 2015
16:25 EDTZZillow Group promotes COO Kathleen Philips to CFO, names Amy Bohutinsky COO
Zillow announces two key executive promotions. Kathleen Philips, who has been the company's COO since 2013, has been named CFO, Zillow Group. Amy Bohutinsky, who has been Chief Marketing Officer since 2011, has been promoted to COO, Zillow Group.
11:52 EDTZCitron says Yelp selloff looks 'a bit overdone'
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July 31, 2015
10:02 EDTZOn The Fly: Analyst Downgrade Summary
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06:13 EDTZZillow Group downgraded to Underperform from Market Perform at Cowen
Cowen downgraded Zillow Group to Underperform and lowered its price target to $60 from $90 following the Q2 report. The firm is concerned by decelerating subs growth, slowing Unique Visitors growth at Trulia, high 2016 consensus expectations, and stretched valuation.
July 24, 2015
10:58 EDTZZillow Group predicted to 'crack $40 within a year' by Citron Research
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July 22, 2015
16:12 EDTZZillow Group to acquire DotLoop
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July 21, 2015
16:13 EDTZZillow Group board approves creation of Class C shares
Zillow Group announced its board has unanimously approved a stock dividend of non-voting Class C capital stock. On August 14, all shareholders of record of Zillow Group's Class A and Class B common stock as of July 31, the record date of the dividend, will receive a dividend of two shares of Class C capital stock for each share of Class A and Class B common stock held by them as of the record date. The issuance of Class C capital stock is an extension of Zillow Group's dual-class structure, whereby Zillow Group's co-founders Rich Barton and Lloyd Frink hold Class B shares. "The Class C dividend enables the company to continue its focus on long-term growth and innovation, while maintaining the flexibility to issue additional stock for strategic business decisions and to retain and attract the best employees," it stated. Application to the Nasdaq has been made to list the Class C capital stock. Following the issuance date of the dividend, Zillow Group expects the Class C capital stock will trade under the ticker symbol "Z" and the Class A common stock will trade under the ticker symbol "ZG."

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