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Stock Market & Financial Investment News

News Breaks
January 9, 2014
06:31 EDTZZillow could miss Q4 revenue estimate, says Benchmark Co.
Benchmark Co. believes Zillow could miss its Q4 revenue estimate of $56M, which is slightly above the $55.5M consensus, due to moderating traffic trends. The firm notes Zillow's year-over-year traffic growth has slowed substantially since peaking in August at 75%. Benchmark Co. thinks the company's margins could surprise to the upside and keeps a Buy rating on the stock with a $105 price target.
News For Z From The Last 14 Days
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July 18, 2014
12:48 EDTZRealPage tumbles after reporting preliminary Q2 revenue miss
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July 16, 2014
16:33 EDTZZillow acquires Retsly
Zillow announced it has acquired Vancouver, BC based Retsly, a software company that normalizes real estate data from multiple listing services so developers can build data-driven products for the real estate industry. The company also provides MLSs with the tools to manage software applications in their market and ensure their content is being used appropriately. Zillow is not disclosing the financial terms of the acquisition. "Retsly's platform will spur tremendous innovation in the real estate space, enabling developers to build software that works across MLS boundaries and without the overhead of dealing with local data formats," said Spencer Rascoff, Zillow CEO. "Retsly's team and cutting-edge technology is a great fit with Zillow and aligns with our goal to offer great value and services to our industry partners. We're thrilled to welcome Retsly to Zillow." Retsly was founded in 2013 and will continue to operate from Vancouver.
07:24 EDTZSiemer & Associates to hold a summit
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July 9, 2014
10:02 EDTZOn The Fly: Analyst Initiation Summary
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July 8, 2014
18:19 EDTZZillow initiated with an Outperform at Macquarie
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07:09 EDTZZillow reports 82.99M monthly unique users in June
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