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Rocket Pro Insight From Rocket Companies: What You Should Know
Tuesday, October 13, 2020 - 10:30am | 282Read More...Detroit-based Rocket Companies continues to expand its mortgage business after going public in 2020. What Happened: Rocket Companies (NYSE: RKT) announced Monday the launch of “Rocket Pro Insight,” a technology platform that provides real-time updates on mortgage status for real estate...
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Fintech Focus For October 2, 2020
Thursday, October 1, 2020 - 6:50pm | 2542Read More...Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...
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Rocket Companies Shares Surge On Realtor.com Partnership, Strong Housing Data
Thursday, October 1, 2020 - 10:18am | 372Read More...Rocket Companies Inc (NYSE: RKT) shares traded higher by 7.6% on Thursday after the company inked a new deal with popular real estate listings platform Realtor.com. What Happened? Homebuyers shopping on Realtor.com will now see advertising from Rocket Mortgage for pre-approved mortgages. The ads...
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Stock Market Update For The Week Ahead: 'How Long Can Tech Lead?'
Sunday, June 28, 2020 - 5:53pm | 2192Read More...The Last Week In A Nutshell What Happened: “The S&P 500 is up 1.3% month-to-date (through June 25), but has struggled to push higher as it moves towards its previous peak,” said Lindsey Bell, chief investment strategist for Ally Financial, Inc-owned (NYSE: ALLY) Ally Invest. “...
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RBC Highlights Redfin Risks And Rewards
Tuesday, August 22, 2017 - 7:59am | 454Read More...While initiating coverage of real estate brokerage Redfin Corp (NASDAQ: RDFN), RBC Capital Markets highlighted the risks and rewards associated with the shares of the company. The firm initiated coverage of the company with a Sector Perform rating and a $28 price target. In pre-market trading,...
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Move Inc. CEO: We Are Outpacing Zillow-Trulia Growth By 'Quite A Margin'
Wednesday, May 13, 2015 - 2:51pm | 432Read More...News Corp (NASDAQ: NWSA) completed the acquisition of real estate portal Move in November 2014. Since that acquisition, a lot has happened in the online real estate space, most notably, the acquisition of Trulia Inc (NYSE: TRLA) by Zillow Group Inc (NASDAQ: Z). Ryan O'Hara, who in January...
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Porch.com Expands Real Estate Listing Network
Saturday, April 25, 2015 - 10:20am | 567Read More...On April 24, Porch.com revealed that over 6 million Porch Home Reports (PHRs) have been requested by interested homebuyers since this product was launched in March 2014. New Corp's (NYSE: NWSA) ListHub was mentioned by Porch as being among 10 new listing partners, including: Estately,...
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Meet Porch.com: The Startup Disrupting The Home Improvement Space
Thursday, April 23, 2015 - 8:48am | 1003Read More...The conventional wisdom, "if you can't run with the big dogs, you'd better stay on the porch," has recently been turned on its head by Matt Ehrlichman CEO of Seattle-based Porch. Homeowners, contractors and real estate agents are all part of a real estate eco-system being co-...
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Oppenheimer And Zillow: Model Adjusted Amid Trulia Acquisition, Shares Rebounding
Thursday, April 16, 2015 - 12:21pm | 651Read More...On Tuesday, Oppenheimer & Co. Inc. (Opco) published a note updating their model on Zillow Group Inc (NASDAQ: Z) after CEO Spencer Rascoff lowered Zillow guidance for FY 2015. Opco's Zillow Highlights FY 2015 EBITDA lowered to just $80 - $85 million vs. a prior consensus of approximately $146...
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BuildZoom Chief Economist Says Zillow ListHub Loss 'Hardly The Blow That Was Feared'
Wednesday, April 15, 2015 - 10:34am | 944Read More...On April 14, Zillow Group Inc (NASDAQ: Z) Group CEO Spencer Rascoff hosted a much anticipated conference call to discuss the integration of Trulia and provide preliminary guidance for 2015. However, there is another piece to the Zillow puzzle which may have investors on edge -- News Corp (...
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Anonymous Letter Accuses Zillow Management Of Illegal Activity
Monday, April 13, 2015 - 8:22am | 294Read More...News Corp (NASDAQ: NWSA) subsidiary Move, Inc.'s (the operator of Realtor.com) nasty legal battle with Zillow Group Inc (NASDAQ: Z) just took a turn. In a new court filing, according to Geek Wire, Move included a letter claiming that Zillow's chief industry relations officer and vice...
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Zillow And Trulia Shareholders Voted 'Yes' On A Merger...So Why Did Shares Fall?
Saturday, December 20, 2014 - 3:13pm | 680Read More...Online real estate listing portals Zillow Inc (NASDAQ: Z) and Trulia Inc (NYSE: TRLA) shareholders voted to approve the merger of the two largest internet real estate services websites on December 18. The Dow was up 421 points, NASDAQ 104 points and the S&P rose 48 points -- each index...
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Trulia IPO Expected to Debut on Thursday
Wednesday, September 19, 2012 - 12:46pm | 264Read More...Real-estate listing sit Trulia is expected to hit the public markets this week. According to allthingsd.com, the IPO could price tonight and begin trading as early as Thursday. The company is offering six million shares at between $14 and $16 each. Based on the midpoint of this range, Trulia would...
