ASX:CAR

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ASX:CAR

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) …

Carsales pursuing sale of it’s 50.1% stake in Stratton Finance

13 Jun 2019 - Online automotive marketplace, carsales (ASX:CAR) is pursuing the sale of it 50.1 per cent interest in vehicle finance broking business Stratton Finance.

Share market stays above 6000: ASX closed 0.3% lower

13 Feb 2019 - The ASX took a dip before lunch and continued to fall closing 0.3% lower. Northern Star Resources (ASX:PGH) is up over 7% after reporting increased profit and dividen…

Consumer sentiment jumps 4.3%: ASX tracking 0.1% lower at noon

13 Feb 2019 - The ASX had a steady rise mid morning but has now dropped at noon, tracking 0.1% lower. A report out today shows consumer sentiment jumped 4.3% in February despite gl…

Weaker than expected China oil demand: Aus shares close 1.2% lower

18 Dec 2018 - Market Wrap. IPO Exopharm (ASX:EX1) shares up 155%. Northern Star Resources (ASX:NST) shares up 38% YOY & completes Echo Resources (ASX:EAR) placement. Fletcher Build…

Carsales.com flags impairment charge of $48 million

18 Dec 2018 - Carsales.com. (ASX:CAR) has flagged an expected impairment charge of $48 million in relation to its Stratton Finance Group Cash Generating Unit.

Carsales.com profit up 69 per cent

22 Aug 2018 - Carsales.com (ASX:CAR) has seen a full year net profit of $185 million, up 69 per cent on the same period last year where it stood at $110 million.

S&P 500 sees new high: ASX to open lower

22 Aug 2018 - Australian shares were set to open lower today despite the S&P 500 in New York hitting an all time high yesterday and equalled its longest ever bull-market run. Immut…

BHP Billiton leads the index: Aus shares 0.24% higher at noon

09 Jul 2018 - The Australian share market opened higher following positive leads from Wall Street and is now tracking 0.24 per cent higher at noon. The materials sector is leading …

Carsales.com profit and revenue increases

07 Feb 2018 - Online car sales platform Carsales.com (ASX:CAR) records a 27 per cent increase in profit after tax to $60.2 million for the half year of FY2018.

US markets show resilience: Aus shares to open higher

22 Jan 2018 - Market Outlook: Despite the threat of the US government shutdown at the end of the week, the US markets finished the week off in positive territory, with the S&P 500 …

Miners shine again: Aus shares 0.3% higher at noon

15 Jan 2018 - Market at Midday Report: Just in the first 10 minutes of trade we gained about 0.5 per cent but lost momentum with profit taking in some sectors putting a cap on gain…

Market Wrap: Sluggish start to the week, Aus shares close 0.19% lower

20 Nov 2017 - The local bourse opened in the red, clawed back some of its early losses but it wasn’t enough save the market from closing in negative territory. Utilities leading t…

Carsales.com purchases remaining 50% stake in encar.com

20 Nov 2017 - Carsales.com (ASX:CAR) announces it has entered an agreement to purchase the remaining 50 per cent of South Korean owned encar.com.

Banks bounce: Aus shares close 0.38% higher

09 Aug 2017 - Banks bounce: Aus shares close 0.38% higher. Helloworld Travel Limited (ASX:HLO) says its hotel program management business AOT Hotels has successfully re-tendered fo…

Carsales.com domestic business bolsters NPAT & EBIT

09 Aug 2017 - Carsales.com (ASX:CAR) announces its adjusted net profit after tax advanced 8 per cent in the 2017 financial year to $119.1 million.

Wall St closed lower, Dow snaps winning streak: ASX to open flat

09 Aug 2017 - Wall St closed lower, Dow snaps winning streak: ASX to open flat. Whitehaven Coal (ASX:WHC) has entered into agreements with its syndicate of Australian and internati…

Market rebound: Aus shares close 0.52% higher

08 Feb 2017 - Market rebound: Aus shares close 0.52% higher. Salmon farmer Tassal Group (ASX:TGR) reduces stocking rates following concerns about the conditions in Macquarie Harbo…

Carsales.com declares 5% higher dividend in 1H FY17

08 Feb 2017 - Carsales.com Ltd (ASX:CAR) releases first half results showing total revenue increased by 7% and declares 5% higher interim dividend.

Negative territory: Aus shares close 0.72% lower

31 Jan 2017 - Negative territory: Aus shares close 0.72% lower. Navitas Limited (ASX:NVT) says it expects its earnings to remain steady in FY17, flagging that uncertainty exists in…

Carsales expands into Latin America

31 Jan 2017 - Carsales.com Limited (ASX:CAR) announces it will increase its Latin American footprint, after it entered into an agreement to buy DeMotores.

Carsales.com appoints new CEO & Managing Director

19 Jan 2017 - Greg Roebuck, co-founder of carsales.com Ltd (ASX:CAR), announces retirement and will be replaced as CEO and Managing Director by Cameron McIntyre.

Dow in striking distance of 20,000: ASX set to open higher

12 Dec 2016 - Dow in striking distance of 20,000: ASX set to open higher. carsales.com Limited (ASX:CAR) has announced it expects to incur a one off non-cash impairment charge of a…

Positive territory: Aus shares close 0.39% higher

18 Nov 2016 - Positive territory: Aus shares close 0.39% higher. Carsales.com Limited (ASX:CAR) has denied that it is currently considering a takeover bid or a sell-down of its sh…

Yet another higher open expected for ASX200

10 Aug 2016 - Yet another higher open expected for ASX200. IOOF Holdings Ltd (ASX:IFL) announces that its statutory net profit increased by 42% over the previous year.