Boston, MA 05/30/2014 (wallstreetpr) – Trulia Inc (NYSE:TRLA) just took its real estate service game a little too far. The company launched a mobile app that allows users to receive alerts about listings within 24 hours of posting. The app makes it easy for buyers and sellers to keep track of real estate market development without disrupting their schedules.
The newly launched app also allows users to filter listing to their preferred geological locations. The service is available on Android and iOS smartphones. The app not only helps users to consume real estate information in a comfortable manner, but also helps Trulia Inc (NYSE:TRLA) to portray its leadership in bringing innovative products to the real estate information industry. of course, the bottom line of such maneuvers is to attract higher profits.
The company reported a loss of 14 cents per share in its most recent financial report. Analysts expected a net loss of 12 cents in the quarter. While earnings figure fell short of expectations in the quarter, Trulia generated higher revenue than was expected. Revenue touched $54.50 million, against $53.46 million in the consensus estimate.
Capital One Financial Corp. (NYSE:COF) recently appointed a highly-experienced executive to head its Product Management and Innovation Group in the capacity of Senior Vice President. Mr. Jim Gifas will lead all of the company’s product management and development functions that include segment and industry strategies.
Mr. Gifas served at RBS Citizens Bank as Head of Treasury Solutions before his move to Capital One. He also had a stint at Citibank and Deutsche Bank where he served in various capacities including in the international cash management areas.
ENSCO PLC (NYSE:ESV) experienced insider selling last week. The company’s Chairman Daniel Wayne Rabun unloaded 50,000 shares of the company at the average price of $51.58 per share. The executive generated about $2.6 million in the transaction, which left him with 252,129 shares in the company in direct holding. His remaining stake is valued at about $13 million. The insider trading follows a recent positive performance whereby the company earned $1.31 per share, ahead of the consensus estimate of $0.13.