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Zillow Group's (ZG) CEO Spencer Rascoff on Q2 2017 Results

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Zillow Group, Inc. (ZG) Q2 2017 Earnings Conference Call August 08, 2017 17:00 P.M. ET Executives RJ Jones – VP, Investor Relations Spencer Rascoff – CEO Kathleen Philips – CFO Analysts Ronald Josey - JMP Securities Mark Mahaney - RBC Capital Markets Unidentified Analyst - Sli.do © Provided by Seeking Alpha Earnings Call Transcripts Michael Graham - Canaccord Genuity Christian Rice - Needham & Company Hayden Blair - Stephens Inc. Brian Nowak - Morgan Stanley Mark May - Citigroup Lloyd Walmsley - Deutsche Bank Bradley Erickson - KeyBanc Capital Markets Shyam Patil - Susquehanna Financial Group Heath Terry - Goldman Sachs Presentation Operator Good day, ladies and gentlemen, and welcome to the Zillow Group's Second Quarter 2017 Earnings Call . At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. [Operator Instructions]. As a reminder, today's call is being recorded. I wou...

Parkwood LLC Sells 1372 Shares of Mid-America Apartment Communities, Inc. (MAA)

The institutional investor held 52 ,271 shares of the major banks company at the end of 2016Q4, valued at $2.69M, up from 44,571 at the end of the previous reported quarter . As per Thursday, February 2, the company rating was maintained by RBC Capital Markets . The Massachusetts- based Pioneer Invest Management has invested 0.27% in Nike Inc (NYSE:NKE). About 40,725 shares traded. It is down 3.26% since August 10, 2016 and is uptrending. Steinberg Global Asset Management 's holdings in Mid- America Apartment Communities were worth $245,000 as of its most recent filing with the SEC. The stock has a market capitalization of $11.87 billion, a P/E ratio of 48.30 and a beta of 0.35. The stock rose 0.02% or $0.01 reaching $59.08. About 395,053 shares traded. Finally, Cleararc Capital Inc. raised its position in Mid- America Apartment Communities by 1.9% in the first quarter. It has underperformed by 15.78% the S&P500. Advisor Ltd invested in 3,041 shares. 141 funds opened positi...

This is How Much an Apartment Costs in 50 U.S. Cities

LOS ANGELES , Aug. 22, 2017 /PRNewswire/ -- The median rent for a one-bedroom apartment is $1,000 more expensive in San Francisco than it is in New York , a new study found. Personal finance website GOBankingRates examined 50 major cities across the U.S. to identify the cost of a one-bedroom apartment. In addition to median rent prices , the study analyzed key factors including the cost of basic utilities and each city's walkability score. GOBankingRates also identified the percentage of apartments for rent in each city with the following amenities: dishwashers, washer-dryers, pools, fitness centers, parking garages and pet-friendly policies.  For full study results and more details on methodology, visit: Here's What an Average Apartment Costs in 50 US Cities ...

Retiring Early Is An Actual Possibility in These Cities

"We spend more time clicking 'like' than we do planning for retirement." It was a Prudential investment planning billboard that snapped me out of my head and back to reality—a sad, sardonic chuckle escaping my mouth as I read it aloud. Too true. Prudential got it totally right, at least for me personally (and statistically, for most Americans): Even as I stare 40 in the face, I've probably spent far more time daydreaming about what it would be like to retire early than I have actually sitting down and saving for it. As a journalist in the digital age, no doubt I spend an inordinate amount of time on social media — and even as a former budget lifestyle magazine publisher , not nearly enough time on financial planning . According to a recent poll by Business Insider and MSN, millennials aren't saving nearly enough for retirement — and bottom-half-Gen-Xers like me are faring even more poorly — yet more than half of our combined cohort (or up to 67 percent o...

Mainstreet Equity: Needs A Catalyst - Mainstreet Equity Corp. (OTCMKTS:MEQYF)

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Mainstreet Equity (OTC:OTC:MEQYF) is an under-the-radar residential apartment owner/operator in Western Canada . Despite a market cap of $325m (all figures Canadian ), it often sees volume of less than 1000 shares a day on the TSX where it trades under the MEQ ticker. The recent investor presentation (July 2017) gives a brief snapshot of the properties Mainstreet controls . It's important to note that Mainstreet is well away from the frothier markets in Canadian real estate , both geographically and in terms of price point. The average apartment it owns is valued at just marginally more than $100k with an average monthly rent of just $864. These are solidly middle class , leaning lower middle class , properties. The company is focused on rolling up what they view as smaller, underperforming buildings, often ones that have fallen into significant disrepair, are being managed by inexperienced and/or unprofessional owners, and giving them a makeover, with some recent examples fr...

New book iGen reveals the little-known ways smartphones are changing your kids

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by Jean M. Twenge Jean M. Twenge has been writing about generational differences for 25 years, producing bestsellers like Generation Me and The Narcissism Epidemic . In her latest book, Twenge zeroes in on iGen, the kids born in 1995 and later who have grown up with smartphones, had an Instagram page before they started high school and do not remember a time before the internet. The average teen checks her phone more than 80 times a day. The oldest iGen-ers, as she calls them, were early adolescents when the iPhone was introduced in 2007 and high school students when the iPad entered the market in 2010. Twenge argues the complete dominance of the smartphone among teens has had ripple effects across every area of iGen-er lives, from their social interactions to their mental health. Twenge draws on national surveys of 11 million Americans, conducted since 1960, to reach her conclusions. From about 2012, she started seeing "large, abrupt shifts in teens' behaviour and emoti...