Zillow Group, Inc. Z shares are trading higher after Wedbush upgraded the stock from Neutral to Outperform and raised its price target from $50 to $80. The analyst Jay McCanless writes they see a potential boost from lower mortgage rates for Zillow's core brokerage business. The S&S revenues, included in the Residential revenue line, have contributed to faster revenue growth compared to the national existing home market in recent quarters, adds the analyst. McCanless maintained third-quarter estimates, whic ...

The September syndrome is already visible in U.S. stock markets. September is known to be the worstperforming month for Wall Street. This year, too, the situation remains challenging. Major stock indexes suffered significant losses in the first week of this month. However, last week, was the best for these indexes in 2024. Wall Street is currently riding on high expectations of the beginning of the interest rate cut regime by the Fed in the September FOMC meeting scheduled next week. The existing range of 5 ...

spawns Business development companies (BDCs) are unique entities aiming to fill the financing gap for businesses struggling to acquire bank or public financing. Therefore, BDCs typically concentrate on the smaller and middle-market companies (often lower middle-market). The business model is pretty simple to understand - gather financing sources (mainly equity) and deploy the capital to generate favourable investment spreads. Most BDCs are externally managed. There aren't many internally managed ones; they ...

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- FanDuel, North America's premier online gaming company, announced it has appointed Caralyn Cooley as the company's new Chief People Officer (CPO). Cooley will join FanDuel's Executive Leadership Team (ELT) reporting to CEO Amy Howe. In her role as CPO, Cooley will be responsible for the continued acceleration of FanDuel's people strategy reflecting the company's extraordinary growth trajectory. Cooley joins FanDuel as a seasoned multi-time CPO, with deep experience s ...

MATAWAN, N.J., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank's 32nd Annual Leveraged Finance Conference taking place on Tuesday, September 24, 2024, at 11:00 am ET. The presentation will be webcast live through the "Investor Relations" section of Hovnanian Enterprises' website at http://www.khov.com. It is suggested that participants access the webcast event page at least five m ...

Amazon.com Inc. AMZN might be the world's largest online retailer, but don't sleep on its Hollywood ambitions. Amazon Prime Video is giving traditional entertainment players such as Walt Disney Co DIS a run for their money.Amazon: E-Commerce Juggernaut Flexes Its Streaming MuscleWhile 75% of Amazon's revenue still comes from its core retail operations, its streaming service is an underrated gem, especially as part of the broader Amazon ecosystem. AWS (Amazon Web Services) chips in another 15%, making this c ...

Key TakeawaysApple has received FDA approval for the sleep apnea detection feature on the newest version of the software for its smartwatches.The feature will monitor overnight breathing to detect potential sleep apnea, as experts say millions of adults live with undiagnosed sleep apnea.The tech giant last week received FDA approval for its newest AirPods to perform clinical grade hearing tests and act as hearing aids. Apple (AAPL) has received approval from the Food and Drug Administration (FDA) for all of ...

stockcam Quarterly BV Fluctuation: Basically an Exact Match (Within a 0.5% Variance). Adjusted Core Earnings/EAD: Minor Outperformance ($0.02 Variance). An "as expected" quarter regarding Blackstone Mortgage Trust, Inc.'s (NYSE:BXMT) BV in my opinion. BXMT recorded a minor - modest quarterly BV decrease which was correctly anticipated. When factoring in impacts from recording net realized losses during the quarter (also known as "charge-offs"), BXMT recorded a net increase to the company's CECL reserves o ...

Amazon is mandating that corporate workers return to the office five days a week, CEO Andy Jassy said in a note on Monday. The return-to-office mandate is a sharp change from its current hybrid policy, which requires employees to work from the office at least three days a week. Amazon employees will have until Jan. 2 to switch to the new policy. Monday. Charles Wenzelberg / New York Post 3 CEO Andy Jassy detailed the return-to-office mandate in a note Amazon will also be streamlining its corporate structure ...

z1b High-yield stocks as included in Schwab U.S. Dividend Equity ETF™ (SCHD) have rebounded strongly recently due to growing optimism over Federal Reserve rate cuts. Data by YCharts Additionally, the business development company, or BDC, sector, VanEck BDC Income ETF (BIZD), while it has pulled back somewhat recently, remains richly valued. It includes blue chips like Main Street Capital (MAIN), Ares Capital (ARCC), and Blackstone Secured Lending Fund (BXSL) trading at meaningful premiums to both their unde ...