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Stock Market & Financial Investment News

News Breaks
April 7, 2014
11:12 EDTTRLA, EJ, RP, Z, MOVE, LEDRZillow rises after monthly unique users jump in March
Shares of online real estate and home-related info provider Zillow (Z) are up after the company reported that its monthly unique users increased to 76.55M in March. WHAT'S NEW: Zillow reported on its company website after Friday's close that its monthly unique users for mobile apps and websites grew to 76.55M in March from 65.56M in February and 50.3M in March of last year. WHAT'S NOTABLE: On April 2, Zillow announced a partnership with Beijing Yisheng Leju Information Services in an effort to provide real-estate listings for a Chinse real-estate portal, which could give Chinese investors greater access to the housing market in the U.S. Financial terms of the partnership were not disclosed. In a written statement, Leju CEO Geoffrey Yinyu He said, "Many of our 60M users are interested in U.S. properties." Beijing Yisheng Leju Information Services is an affiliate of E-House (EJ). OTHERS TO WATCH: Other firms providing solutions for the real estate industry include Market Leader (LEDR), RealPage (RP), Trulia (TRLA), and Move, Inc. (MOVE). PRICE ACTION: During morning trading, shares of Zillow rose $3.41 or 3.75% to $94.41.
News For Z;EJ;LEDR;RP;TRLA;MOVE From The Last 14 Days
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December 18, 2014
13:48 EDTTRLA, ZZillow, Trulia shareholders approve planned merger
Zillow (Z) and Trulia (TRLA) announced that Zillow shareholders and Trulia stockholders voted resoundingly to approve the previously announced definitive agreement, dated as of July 28, pursuant to which Zillow will acquire Trulia. At special meetings held earlier, approximately 88.75% of Zillow votes outstanding and entitled to be voted, and 79.52% of Trulia votes outstanding and entitled to be voted, were voted in favor of the agreement. Zillow shareholders and Trulia stockholders also voted to approve the authorization of nonvoting Class C capital stock in the combined company's amended and restated articles of incorporation. The companies anticipate that the transaction will be completed in the first half of 2015.
December 17, 2014
15:53 EDTTRLA, ZTrulia to host special shareholder meeting
Special shareholder meeting to approve the merger agreement with Zillow will be held in Seattle, Washington on December 18 at 11 am.
15:49 EDTTRLA, ZZillow to host special shareholder meeting
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