ASX:CAR

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ASX:CAR

CAR Group defies market trends

12 Aug 2024 - Carsales owner CAR Group (ASX:CAR) seems to have avoided the tremors hitting car sales in some markets like Australia and the US in recent months.

CAR Group boosts interim dividend by 21%

12 Feb 2024 - CAR Group (ASX:CAR) has lifted its interim dividend by 21% to a 50% franked 34.5 cents a share after reporting a solid outcome of its expansion into the US and Brazil…

Carsales lathers up for Brazilian foray

09 Mar 2023 - Carsales.com (ASX:CAR) is looking for half a billion dollars in a new capital raising to finance its decision to boost its stake in Brazil’s biggest online car sales …

Liontown soars, Tyro CEO steps down: ASX falls 1.3% on fear of economic growth slowdown at noon

29 Jun 2022 - The rout in Australian shares have continued to deepen in a broad-based sell-off led by interest rate sensitive sectors, including listed property and information tec…

Carsales (ASX:CAR) to buy remaining stake in US Trader Interactive

27 Jun 2022 - Carsales.com (ASX:CAR) is set to acquire the remaining 51 per cent stake in US digital marketplace business Trader Interactive for around $1.2 billion (US$809 million…

ASX tumbles 7.1% over the week, its worst fall since March 2020

17 Jun 2022 - Australian shares sank again this week as recession fears continued to hit financial markets. The ASX 200 had its worst week since the pandemic started in March 2020,…

Portfolio construction in a rising interest rate environment

03 May 2022 - John Grace, Co-Head of Equities and Portfolio Manager of the Ausbil Australian Emerging Leaders Fund, discusses performance of the fund, favoured sectors, individual …

Stocks of the Hour: Carsales.com, Dexus & Bendigo Bank

01 Sep 2021 - A snapshot of the stocks on the move, featuring Carsales.Com (ASX:CAR), Dexus (ASX:DXS) and Bendigo & Adelaide Bank (ASX:BEN).

Carsales.com (ASX:CAR) accelerates in the US

01 Sep 2021 - Carsales.Com (ASX:CAR) has successfully acquired a 49 per cent stake in the US digital marketplace business, Trader Interactive.

Carsales (ASX:CAR) achieves double-digit earnings growth in FY21

16 Aug 2021 - Carsales (ASX:CAR) demonstrated continued momentum in their domestic and international portfolio for the period ending 30 Jun 2021.

Inflation watch, Carsales.com, Humm Group & Liberty Financial Group

19 May 2021 - Fund Manager Chris Pedersen looks at inflation, Carsales.com (ASX:CAR), Humm Group (ASX:HUM) and Liberty Financial Group (ASX:LFG).

Wall St slides, US housing starts drops: ASX to fall

19 May 2021 - The ASX is to drop following Wall St closing in the red as technology shares reversed their gains and energy stocks ran out of fuel as oil prices fell. Morgan Stanley…

COVID fears eclipse Wall Street leads: Aus shares close 0.1% higher

17 May 2021 - The Australian sharemarket’s rally decelerated after midday, as telcos and utilities capped gains by gold miners. Investor appetite from early trading deteriorated in…

Stocks of the Hour: Commonwealth, Carsales & Evolution Mining

12 May 2021 - A snapshot of company news making headlines in the morning session, featuring Commonwealth (ASX:CBA), Carsales (ASX:CAR) & Evolution Mining (ASX:EVN).

Carsales.com (ASX:CAR) to raise $600m to finance US acquisition

12 May 2021 - Automotive e-commerce platform carsales.com is calling on institutional and retail investors to back its equity-raising campaign to generate $600 million to boost its…

Reporting season charting update - Part 2

22 Feb 2021 - Fairmont Equities Managing Director Michael Gable takes a technical look at OZ Minerals (ASX:OZL), Carsales.Com (ASX:CAR), Treasury Wine Estates (ASX:TWE) and Evoluti…

Unemployment rate dropped to 6.4% in January: ASX tracking 0.2% higher at noon

18 Feb 2021 - The ASX open slightly higher this morning and is tracking 0.2% higher or 16 points higher at noon at 6,902. On the futures market, the SPI is suggesting a rise of 18 …

US tech earnings beat expectations: Aus shares 0.1% lower at noon

30 Oct 2020 - As predicted, the ASX200 bounced at the open after quarterly earnings of major US tech stocks - Facebook, Apple, Twitter and Alphabet exceeded analyst expectations.

Leading Index remains at recession levels: Aus shares close 0.8% higher

17 Jun 2020 - The Australian share market rose at the open closing 0.8 per cent up at the end of trade. The Index growth rate remains in deep negative territory with the growth rat…

Carsales.com (ASX:CAR) report NPAT to be down 6-9%

17 Jun 2020 - Carsales.com (ASX:CAR) reported net profit after tax will be down 6 to 9 per cent, in the range of $120 million and $124 million on the previous financial year.

Victoria remains Australia's strongest performing economy: ASX tracking 0.4% higher at noon

27 Apr 2020 - The ASX has been on a rollercoaster in the first few hours of trade rising and dipping to now be tracking almost 0.4% higher at noon. Ord Minnett rates Carsales.com (…

Leading Index shows economic growth well below trend: ASX closes 1.3% higher

16 Oct 2019 - It has been a positive day of trade for the ASX, closing 1.3% higher. Silverlake (ASX:SLR) and Nearmap (ASX:NEA) shot up today. Shares in the Afterpay Touch Group (AS…

Investing in a falling interest rate environment

03 Sep 2019 - Burman Invest Portfolio Manager Julia Lee talks about the inversion of the yield curve and how to invest in a falling interest rate environment.

US futures suggest a rise, WTC biggest gain in yr, CMA all time high: ASX200 down 0.9%

21 Aug 2019 - Aus shares claw back from some earlier losses. WiseTech (ASX:WTC) shares biggest gain in year on profit up 33%, revenue up 57%. Centuria Capital Group (ASX:CNI) share…

Global bonds & US equites retreat, McMillan outperforms: Aus shares 0.9% lower at noon

21 Aug 2019 - Market volatility the new norm, US treasury yields fall, along with most global bonds, dragging down global equities. Gold stocks rally, SAR up 2.5%. BHP’s (ASX:BHP) …