Bank of America has downgraded shares of Zillow, an online database real estate company, citing a “greater risk” to profits from added mortgage lending. Bank of America Merrill Lynch has lowered its rating from “buy” to “neutral” on the stock. Analyst Nat Schindler explained that the company’s recent plan to acquire Mortgage Lenders of America … Continue reading “Zillow Was Just Downgraded For This Reason”
Author: Sophia Vida
Sofia has been writing for major news outlets for over 15 years. In her spare time she enjoys hiking, walking her dogs, and going to concerts.
Hot Stocks
PepsiCo CEO Indra Nooyi Steps Down
After spending twelve years as leader of PepsiCo, Indra Nooyi is stepping down. "The investment…
August 6, 2018
Hot Stocks
Starbucks Partners with Microsoft on a Bitcoin Platform
Many Starbucks patrons may be excited to learn that the coffee powerhouse has partnered up…
August 6, 2018
Hot Stocks
This is Why SeaWorld Shares Exploded on Monday
Shares of SeaWorld were gaining steam on Monday after posting better than expected second quarter…
August 6, 2018
Samsung Accidentally Leaks Details on New Galaxy Note 9
Many Samsung fans are awaiting the company's newest Galaxy Note 9, which is expected to…
August 4, 2018
Life
Harvey Weinstein’s Lawyer Asks Court to Throw Out Sex Case
Film producer Harvey Weinstein has been alleged of sexual misconduct by numerous women this year.…
August 4, 2018
Hot Stocks
Toyota Pick Up Trucks and Vans Will Go Up This Much Because of Tariffs
President Trump's trade war will be adding more to the price tag of Toyota truck…
August 4, 2018
Hot Stocks
Tesla CEO Elon Musk Apologizes During Earnings Call
Tesla reported a record $717.5 million net loss this week in its second quarter financial…
August 2, 2018
Hot Stocks
GoPro Jumps on Narrower Than Expected Loss in Q2
Shares of struggling camera maker GoPro saw its shares pop on better than expected second…
August 2, 2018
Hot Stocks
Square Beat on Both the Top and Bottom Line in the Second Quarter
Mobile payment company Square reported second quarter earnings this week that revealed revenue and EPS…
August 2, 2018
Hot Stocks
This is Why Apple Wants to Make Original Shows
Apple's CEO Tim Cook has recently indicated what is pushing the iPhone maker to establishing…
August 1, 2018
Life
This is How Much Kylie Jenner Makes Per Instagram Post
Kylie Jenner recently made headlines for potentially becoming the world's youngest self-made billionaire soon. The…
August 1, 2018
Hot Stocks
Many Chipotle Customers Are Sick Again
Shares of Chipotle fell hard after Wall Street learned that at least 140 customers claimed…
August 1, 2018
Hot Stocks
Activision Jumps on Price Target Increase
Shares of Activision Blizzard were on the rise in pre market trading on Wednesday after…
August 1, 2018