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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.
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February 3, 2016
08:34 EDTZZillow to acquire Naked Apartments for $13M
Zillow announced it has entered into a definitive agreement to acquire Naked Apartments for $13M in cash. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the next few weeks. Naked Apartments will become Zillow Group's fifth consumer brand, and the second in Zillow Group's New York City portfolio, alongside StreetEasy.
February 1, 2016
19:38 EDTZZillow CEO hunting for real estate websites, software makers, PSBJ says
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January 25, 2016
07:47 EDTZZillow price target lowered to $32 from $38 at Canaccord
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