Move, Inc., headquartered in Westlake Village, CA, operates online network of Web sites for real estate search, finance, and moving and home enthusiasts. It operates in two segments, Real Estate Services and Consumer Media. Its products include REALTOR.com that offers a suite of services, tools, and content of the residential real estate transactions; Top Producer, customer relationship management software designed for real estate agents; and Move New Homes and Move Rentals, which provide showcase listings and featured listings. The company has recently taken steps to improve operations by closing underperforming businesses and has eliminated $20 million of annualized operating costs. The company's stock closed at $2.68, up 24.1% for the two weeks ended July 29, 2009 and 67.5% for the 2009 year to date period.
Company highlight: Move, Inc. (Nasdaq: MOVE).(VALLEY STOCKWATCH: STOCK ACTIVITY FOR 50 SELECTED GREATER SAN FERNANDO VALLEY-BASE
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