Corporate Information Press Releases

CoStar Group Press Releases: 2008   CoStar Press Releases Feed

May 6, 2008
  • CoStar and Real Estate Forum Announce Winners of 2007 CoStar Power Broker Awards
    Top Commercial Real Estate Firms and Individual Brokers Honored for Achieving Highest Transaction Volume in Commercial Property Sales and Leasing in the U.S. during 2007
    BETHESDA, Md., May 6, 2008 -- CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, and Real Estate Forum magazine, the industry's leading news publication, are pleased to announce the winners of the 2007 CoStar Power Broker Awards(TM) recognizing the "best...
April 23, 2008
  • CoStar Group, Inc. Announces First Quarter 2008 Results
    Record Number of New Subscribing Firms Added During Quarter; Net Income Increases 178% Year Over Year, Company Raises Earnings Outlook for 2008
    BETHESDA, MD — April 23, 2008 - CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, today announced that net income for the quarter ended March 31, 2008 increased 178% to $5.0 million, or $0.26 per diluted share, compared to $1.8 million, or $0.09 per diluted...
April 4, 2008
  • CoStar Group to Announce First Quarter 2008 Results On April 23, 2008
    Earnings Report to be Issued After Market Close On Wednesday, April 23; Conference Call to Discuss Financial Results Scheduled for 11:00 AM EDT On Thursday, April 24
    BETHESDA, Md., April 4, 2008 -- CoStar Group, Inc. (Nasdaq:CSGP), the number one provider of information services to the commercial real estate industry, will announce its first quarter 2008 financial results following the market close on Wednesday, April 23, 2008. Management will conduct a conference call to discuss the quarterly...
April 1, 2008
  • CoStar Group Acquires Assets of Atlanta Information Provider's Online Business
    Acquisition of DoreyPRO Online Business By Commercial Real Estate's Largest Research Organization Enhances Quality and Scope of Information for Local Service Providers and Confirms CoStar's Leading Position as Atlanta's Premier Online Commercial Real Estate Information Service
    BETHESDA, MD – April 1, 2008 – CoStar Group (NASDAQ:CSGP), the number one provider of information services to the commercial real estate industry, today announced it has acquired the online commercial real estate information assets of First CLS, Inc. (doing business as The Dorey Companies and DoreyPRO), an Atlanta-based provider...
March 18, 2008
  • Disclosure by LoopNet CEO Validates False Advertising Claims Brought by CoStar Group
    Statement Confirms Misleading Claim of Online Membership is a Cumulative Total from Past Decade, Not Current Audience Size
    BETHESDA, MD – March 18, 2008 – In a statement that appears to validate CoStar Group’s false advertising lawsuit against LoopNet Inc., LoopNet Chief Executive Officer Richard Boyle admitted at a recent investor conference that it does not have 2.6 million users.  Given this admission, LoopNet’s broadly marketed claims about...
February 20, 2008
  • CoStar Group Announces Fourth Quarter and Year-end 2007 Results
    Company Posts 28.5% Increase in Net Income for 2007, Confirms Earnings Outlook of 25% to 30% Net Income Growth for 2008
    BETHESDA, Md. – February 20, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, today announced that net income for the year ended December 31, 2007 increased 28.5% to $16.0 million, or $0.82 per diluted share, compared to $12.4 million...
February 5, 2008
  • CoStar Group Files Lawsuit In Dispute With LoopNet Inc.
    Company Questions Claims by LoopNet Regarding Registered Members
    BETHESDA, MD – February 5, 2008 – CoStar Group, Inc. (Nasdaq: CSGP) confirmed that it has filed a lawsuit against LoopNet, Inc. (Nasdaq: LOOP) in the United States District Court for the Southern District of New York in Manhattan today.  The case is CoStar Group, Inc. v. LoopNet, Inc., Docket No. 08-cv-1156. According to...
January 30, 2008
  • CoStar Group To Report Financial Results for Fourth Quarter and Full-Year 2007
    Earnings Report To Be Issued After Market Close on Wednesday, February 20; Conference Call To Discuss 2007 Financial Results and the Company's Outlook for 2008 Scheduled for Thursday, February 21
    BETHESDA, MD – January 30 , 2008 – CoStar  Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate industry, will report financial results for the fourth quarter and year ended December 31, 2007 after the market close on Wednesday, February 20, 2008. Management will conduct a...
January 28, 2008
  • Maryland Federal Court Order Requires Two Companies to Pay CoStar $100,000 to Settle Passcode Theft Charges
    Atkinson Hunt and Resource Realty of Southern New Jersey Agree To Settle Charges of Illegal Passcode Sharing
    BETHESDA, MD – January 28 , 2008 – CoStar  Group, Inc. (Nasdaq: CSGP) announced that a Maryland federal court recently entered an order requiring Laser Marketing, Inc., a lead marketing firm doing business under the name Atkinson Hunt, and Resource Realty of Southern New Jersey to pay CoStar $100,000 to settle charges that the...
January 17, 2008
  • CoStar Group Obtains $1 Million Judgment and Shuts Down Firm that Redistributed CoStar's Real Estate Information Database
    CoStar Establishes Reward Program; Whistleblowers Who Expose Data Theft or Illegal Password Sharing Eligible for 25% of Any Monetary Payment Resulting from Successful Prosecution
    BETHESDA, MD – January  17, 2008 – CoStar Group, Inc. (Nasdaq: CSGP), the number one provider of information services to the commercial real estate  industry, announced today that it obtained a $1,000,000  judgment to settle a complaint brought against Centers & Malls, LLC, a Lake Forest, Illinois limited liability...

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