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Stock Market & Financial Investment News

News Breaks
June 16, 2014
07:45 EDTZZillow price target raised to $130 from $115 at Canaccord
Canaccord raised its price target on Zillow to $130 from $115 following investor meetings with management, as the firm believes the core agent business is in very strong shape, the mortgages segment is evolving nicely, and rentals is making progress. Canaccord keeps its Buy rating on Zillow.
News For Z From The Last 14 Days
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October 1, 2014
08:57 EDTZZillow sell-off overdone, says JMP Securities
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September 30, 2014
10:20 EDTZZillow volatility increases, shares pullback into planned acquisition of Trulia
Zillow (Z) October weekly call option implied volatility is at 60, October is at 49, November is at 56, January is at 49; its 26-week average of 54 according to Track Data, suggesting large near term price movement into the planned acquisition of Trulia (TRLA).
08:52 EDTZNews Corp. sees Move, Inc. deal to close in 2Q15
News Corp (NWSA) believes Move, Inc. (MOVE) is in a unique position and holds an important role for the company to expand in the digital real estate industry. Says this is the most significant acquisition the company has made since launching as a separate company last summer. Says this acquisition allows the company to stay committed to returning capital to shareholders. Says believes that Move Inc.'s strategy is different that that of Trulia (TRLA) and Zillow (Z). Says expects that the transaction will be very modestly EPS valued in the short term. News Corp continues to expect to generate positive cash flow regardless of the acquisition. Says Move, Inc. will improve and enhance the core media assets of News Corp. Comments made during a conference call discussing News Corp's acquisition of Move, Inc.
September 22, 2014
13:01 EDTZZillow volatility flat as shares pullback into planned acquisition of Trulia
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September 17, 2014
07:26 EDTZAmerican Enterprise Institute to hold a conference
3rd International Conference on Housing Risk to be held in Washington, D.C. on September 17-18.

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