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Wednesday 29 July 2015
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Active Stocks Under Review: Procter & Gamble Co (NYSE:PG), American Express Company (NYSE:AXP), Zillow Group Inc (NASDAQ:Z)

On Tuesday, Shares of Procter & Gamble Co (NYSE:PG), lost -0.63% to $81.67.

The Procter & Gamble Company, will kick off its first year as presenting sponsor of the 2015 Cincinnati Music Festival (CMF) by encouraging the Midwest to Share the Rhythm through reinvigorating their relationship with community and culture.

Now in it’s 53rd year, CMF has grown into the nation’s second-largest, annual rhythm and blues (R&B) music festival, attracting more than 50,000 people from across the country annually with leading R&B, jazz, soul and hip-hop artists. With their CMF retail partner, The Kroger Co., P&G’s partnership confirms its significance to the city of Cincinnati and presents an opportunity to establish it as the premier festival in the Midwest.

During the two-day festival, P&G’s My Black is Beautiful platform, brands – Charmin, Bounty, Tide, Crest, COVERGIRL, Pantene and Olay – and retail partner, The Kroger Co., will show attendees how to share their rhythm through engaging experiences at the Paul Brown Stadium, which comprise Patio Spa COVERGIRL & Olay mini make-up touch-ups; opportunities to pose and show how you Share the Rhythm in the Crest Photo booth; live music performances offered by Tide that highlight local talent; an Elementz dance performance offered by Bounty, showing you how to bring it; and a Charmin bathroom take-over so you can enjoy the go.

The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.

Shares of American Express Company (NYSE:AXP), declined - 0.44% to $78.95, during its last trading session.

American Express, is expanding The Centurion Lounge network in major domestic airports, announcing recently that it will open its seventh location at Houston’s George Bush Intercontinental Airport (IAH), terminal D. The 8,500 square foot Lounge is presently slated to open in the first half of 2016.

“We set out to create a network of lounges for our Card Members that give them an amazing experience that is head and shoulders above what you typically find in a domestic lounge,” said Lisa Durocher, Senior Vice President of Charge Cards and Benefits, American Express. “Houston is another major market for our Card Members and another important step towards expanding our network of lounges from coast to coast.”

American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide.

Finally, Zillow Group Inc (NASDAQ:Z), ended its last trade with 2.35% gain, and closed at $82.68.

Zillow Group, declared its Board of Directors has unanimously approved a stock dividend of non-voting Class C capital stock.

On August 14, 2015, all shareholders of record of Zillow Group’s Class A and Class B common stock as of 5:00 p.m. E.D.T. on July 31, 2015, the record date of the dividend, will receive a dividend of two shares of Class C capital stock for each share of Class A and Class B common stock held by them as of the record date.

The issuance of Class C capital stock is an extension of Zillow Group’s dual-class structure, whereby Zillow Group’s co-founders Rich Barton and Lloyd Frink hold Class B shares. The Class C dividend enables the company to continue its focus on long-term growth and innovation, while maintaining the flexibility to issue additional stock for planned business decisions and to retain and attract the best employees.

Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to assist people find vital information about homes, and connect with local professionals.

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