| Paaleads.com says brokers diversifying client basis due to credit crunch
Paaleads.com says it has seen the start of new broker behaviour as a result of the sub-prime mortgage crisis. It says that some brokers are taking the credit crunch as a prompt to re-evaluate their business and diversify their client base. Head of Paaleads.com Vanessa Blount says: �We have seen a small but significant shift in the desirability of certain lead types. Many brokers that would have traditionally stuck to mortgage leads are now looking to diversify into different areas � in particular, protection leads are looking more popular. She adds: �paaleads.com can help support brokers looking to branch into new product areas. We offer access to the leads brokers need to grow their business even when the mortgage market is suffering. Purchasing leads allows brokers to test the water before they go too far down the wrong road.
HouseValues Acquires Realty Generator
HouseValues, Inc. (NasdaqGS:SOLD - News) today announced it has acquired Realty Generator, a leading provider of marketing and technology solutions to real estate brokerage companies. Realty Generator enables brokerage companies to dramatically increase both their revenue and their bottom line while providing them with a comprehensive internet marketing system for cultivating their leads and managing their real estate business. .
Malaysian shares lower in midmorning trade after Wall Street's fall - UPDATE
KUALA LUMPUR (Thomson Financial) - Malaysian shares were lower in midmorning trade Tuesday, in line with losses in regional markets after Wall Street tumbled overnight on concerns over the health of US banks and the overall economy. The Dow Jones Industrial Average fell 1.7 percent Monday after Goldman Sachs said Citigroup may have to make another 15 billion dollars in subprime-related writedowns over the next two quarters. "We remain short-term negative on the key index," RHB Research said in a note, citing external uncertainties and the lack of positive domestic leads. The market is likely to prolong its correction phase, the brokerage said With trading volumes hitting a new low yesterday, sentiment is expected to stay dull for the near term, RHB said. On Monday, the volume of trade reached a measly 769 million shares valued at 1.13 billion ringgit.
Point2 Technologies Streams Real Estate Listings to Zillow.com and Cyberhomes
Vancouver, BC, November 14, 2007--(T-Net)--Point2 Technologies expanded its real estate listing syndication network with two new live feeds from the Company's Point2 NLS to high traffic real estate search sites Zillow and Cyberhomes.com, Fidelity National Real Estate Solutions' real estate portal and listing content source for AOL Real Estate, the Company said today. Zillow is one of the largest real estate Web sites, attracting more than four million visitors per month, according to company data.
The feeds provide to Zillow and Cyberhomes site visitors access to tens of thousands of Point2 NLS rich listings that feature an average of over nine photos each.
Drawing listings from Point2 NLS' 160,000 real estate broker and agent subscribers, the feeds are expected to drive incremental traffic and leads to the Point2 community, while potentially delivering significant operational efficiencies to Cyberhomes and Zillow by enabling them to automatically draw and maintain hundreds of thousands of listings, through a single source.
STOCKWATCH Versatel leads TecDAX gainers on positive broker notes
FRANKFURT (Thomson Financial) - Shares in TecDAX-listed Versatel AG were higher in morning deals as traders pointed to a boost from several positive broker notes released this morning. Among others, Exane BNP Paribas upgraded its stance on the stock to 'neutral' from 'underperform' and raised its price target to 14.2 eur per share from 10.5, while JP Morgan lifted its price target to 14.30 eur per share from 12.50 and reiterated its 'overweight' rating. At 10.26 am, shares in Versatel were 0.18 eur, or 1.31 pct, higher at 13.97, making it the top performer on the TecDAX, which was 21.57 points, or 2.38 pct, lower at 884.67. In a note to clients, Exane BNP Paribas said that they upgraded their stance in response to better-than-expected quarterly results recently released by the internet service provider and their increased confidence in the company's strategy to restructure the company.
Cops stumped by fatal Miramar shooting
Miramar police offered no motives Monday for a residential shooting that killed one man and injured his brother-in-law on Saturday. But nearby residents expressed concern and sadness about the murder. Otis Edwards of Miramar died after he and his brother-in-law were shot Saturday night in the quiet Turtle Bay neighborhood in the city. Edwards, who would have been 29 on Monday, died at the hospital after surgery, while 22-year-old Andre Hargett of Coconut Creek survived. Miramar police released no more details of the shooting. ''Police are following up on different leads,'' said Detective Yessenia Diaz, a police spokeswoman. Edwards, a native of Jamaica, rented an efficiency in Jesus Gonzalez's Miramar home. The two played PlayStation together and talked about life.
Caza Oil & Gas to List On AIM
LONDON -(Dow Jones)- Caza Oil & Gas has announced its intention to list on AIM in late December. The company currently owns approximately 63.7% of the outstanding shares of Caza Petroleum with the balance (36.3%) held by the Management Team (see below for definition). Caza Petroleum is involved in oil and gas exploration and production in the United States of America. Caza is engaged in the acquisition, exploration, development and production of hydrocarbons in the Texas Gulf Coast, south Louisiana, southeast New Mexico and the Permian Basin of west Texas regions of the United States of America through its subsidiary, Caza Petroleum. Caza Petroleum has interests in approximately 34,000 gross (11,400 net) acres of land and operates the majority of its acreage.
|
