24 July, 2014 by The TZ Newswire Staff Comments Off on Dunkin’ Brands has one of worst days since IPO
Dunkin’ Brands has one of worst days since IPO
Dunkin’ Brands was having one of the worst trading days since its July 2011 IPO, at one point falling to a 52-week low, after disappointing investors with unimpressive revenue and a diminished full-year forecast.
24 July, 2014 by The TZ Newswire Staff Comments Off on Dunkin’ Brands has one of worst days since IPO
Dunkin’ Brands has one of worst days since IPO
Dunkin’ Brands was having one of the worst trading days since its July 2011 IPO, at one point falling to a 52-week low, after disappointing investors with unimpressive revenue and a diminished full-year forecast.
24 July, 2014 by The TZ Newswire Staff Comments Off on Facebook is now worth more than AT&T, Coke
Facebook is now worth more than AT&T, Coke
In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers. Now the company’s $190 billion (111.8 billion pounds) market value makes it bigger than such bellwethers as Coca-Cola and AT&T. It’s not a member of the Dow industrials, but if it were, it would be larger than two-thirds of that index’s 30 members.
24 July, 2014 by The TZ Newswire Staff Comments Off on Facebook is now worth more than AT&T, Coke
Facebook is now worth more than AT&T, Coke
In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers. Now the company’s $190 billion (111.8 billion pounds) market value makes it bigger than such bellwethers as Coca-Cola and AT&T. It’s not a member of the Dow industrials, but if it were, it would be larger than two-thirds of that index’s 30 members.
24 July, 2014 by The TZ Newswire Staff Comments Off on Zillow wants to buy rival Trulia
Zillow wants to buy rival Trulia
Zillow Inc. (Z) is seeking to acquire rival Trulia Inc. (TRLA), people with knowledge of the matter said, in a move to combine the two most-visited U.S. real estate websites. Zillow could value Trulia at as much as $2 billion, and may pay about two-thirds of the purchase price with its own stock, said one of the people, who asked not to be identified because the information is private. Zillow rose more than 15 percent to $145.76 a share today, giving it a market value of $5.8 billion. Trulia surged 32 percent to $53.74 a share, giving it a market value of $2 billion.
24 July, 2014 by The TZ Newswire Staff Comments Off on Zillow wants to buy rival Trulia
Zillow wants to buy rival Trulia
Zillow Inc. (Z) is seeking to acquire rival Trulia Inc. (TRLA), people with knowledge of the matter said, in a move to combine the two most-visited U.S. real estate websites. Zillow could value Trulia at as much as $2 billion, and may pay about two-thirds of the purchase price with its own stock, said one of the people, who asked not to be identified because the information is private. Zillow rose more than 15 percent to $145.76 a share today, giving it a market value of $5.8 billion. Trulia surged 32 percent to $53.74 a share, giving it a market value of $2 billion.
24 July, 2014 by The TZ Newswire Staff Comments Off on Why you should be optimistic about housing despite today’s data
Why you should be optimistic about housing despite today’s data
Shari Olefson, CEO of The Carnegie Group, makes sense of the divergent data for the housing market.