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Stock Market & Financial Investment News

News Breaks
July 28, 2014
13:37 EDTRLGY, ZCitron notes lack of Zillow mention of Realogy on conference call
Citron Research, which has been cautious on Zillow (Z), stated on Twitter: "Zillow conference call without ever mentioning the world Realogy. Like a Dominoes conference call without mentioning the word pizza"
News For Z;RLGY From The Last 14 Days
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December 18, 2014
13:48 EDTZZillow, 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.
06:36 EDTRLGYRealogy downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Realogy to Neutral citing a balanced risk/reward at current share levels. The firm keeps a $47.50 price target for the stock.
December 17, 2014
15:53 EDTZTrulia 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 EDTZZillow to host special shareholder meeting
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