BRIEF-Azaya Therapeutics Reports 5 pct passive stake in Cytori Therapeutics
* Azaya Therapeutics Inc reports 5 percent passive stake in Cytori Therapeutics as on Feb. 15, 2017 Source text:(http://bit.ly/2mg6n5N) Further company coverage:
Sept 7 Trulia Inc said it expects to raise up to $100 million in its initial public offering, as the real estate website seeks to take advantage of a recovery in the U.S. housing market.
The offering of 6 million shares is expected to be priced between $14 and $16 a share.
The San Francisco-based company said it would sell 5 million shares in the offering, while selling stock holders would offer the rest.
The IPO will raise $90 million at the mid-point of the range. Trulia expects to receive $65.8 million, after deducting the estimated underwriting discounts and commissions and offering expenses.
Trulia, which competes with Zillow Inc and Realtor.com, provides real estate residential information to professionals and offers services like Trulia Local Ads and Trulia Pro.
The company expects to gain from a nascent recovery in the U.S. housing market. Sales of single family homes rose 4 percent to 337,000 and housing indicators showed sign of recovery in the first quarter of 2012, according to a report by U.S. Housing Market Conditions.
The company, whose new service Trulia Insight pre-qualifies consumers for a mortgage, is backed by private equity firms such as Accel Partners and Sequoia Capital.
The company told the U.S. Securities and Exchange Commission that JP Morgan and Deutsche Bank were lead underwriters to the offering.
The real estate listing website intends to list its common stock on the New York Stock Exchange under the symbol "TRLA".
* Adage Capital Partners L.P. reports 5.56 percent passive stake in Fred's Inc as on February 21, 2017 Source text:(http://bit.ly/2lSOCcj) Further company coverage:
(Recasts with Eurodollar bets, adds details throughout) Feb 24 Speculators' net bearish bets on Eurodollar futures reached a record peak on Tuesday, signaling increased expectations the Federal Reserve will step up its pace of interest rate increases on signs of an improving U.S. economy, Commodity Futures Trading Commission data released on Friday showed. The margin of speculators' bearish bets over "long" bets grew to 2.587 million contracts on Tuesday from 2.438 million a